Alcazaba Lagoon IV
Project lifecycle
Alcazaba Lagoon IV, in context.
Alcazaba Lagoon IV is a completed, key-ready apartment complex in Casares, on the western edge of the Costa del Sol between Estepona and Marbella. Its defining feature is the Crystal Lagoon — described by the partnership behind the project as the first of its kind in Europe — set within 40,000 m² of tropical gardens, with a private white-sand beach and lagoon-side promenade.
The residences carry considered finishes: Porcelanosa porcelain flooring, Bosch kitchen appliances, Technal systems for insulation and comfort, centralised hot-and-cold air conditioning, and a private storage room per home. Interiors prioritise natural light through generous terraces.
The current release is a two-bedroom, two-bathroom apartment of 61 m² at €335,000. With 49 of the phase's 50 units already sold, availability is now effectively a single home — a late-stage opportunity rather than a broad choice of layouts.
Key facts
The 1 remaining apartment
Each one specified individually. Pricing released on enquiry.
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| Unit | Block | Floor | Beds | Baths | Interior | Outside | Garage | |
|---|---|---|---|---|---|---|---|---|
| AL4-2113 | — | 1 | 2 | 2 | 61 m² | 22 m² terrace | 1 + storage |
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1 of 50 apartments remain
Live data refreshed nightly from our multiple independent sources.
The off-plan discount, stage by stage
Off-plan entry typically offers the largest pricing headroom at the earliest stages. The advantage narrows as construction progresses — at completion the unit is priced at market. Alcazaba Lagoon IV currently sits in the Completed band.
This is not an off-plan play — the development is completed and key-ready, removing construction and delivery risk entirely. At €335,000 for 61 m², the price sits above the area's median of roughly €3,382/m², a premium that reflects the Crystal Lagoon, private beach and finish level rather than the raw floor area. With just one unit remaining from the phase, this is a final-availability purchase where the amenity package, not future potential, is the value case.
Why buyers reserve at this stage
Personalisation window
Reserving during the Completed phase gives buyers genuine input into layout, finishes and basement use ahead of handover, a window that closes as the build advances.
Scarcity and specification
1 of 50 units remain. The plot sizes, orientation and amenity package on this scheme are not easily replicated in the immediate resale stock.
Risk-managed entry
Spanish new-build buyers are protected by staged payments held under bank guarantee, ten-year structural warranty and full licence review. Roccabox brokers all of this through regulated counsel.
The premium, contextualised
Useful context — not a substitute for unit-level valuation. Pricing data cross-referenced against live Costa del Sol market signals.
Alcazaba Lagoon IV is not priced against average Casares resale stock. It is a premium new-build product with the specification, plot quality and amenity package that the broader resale market typically does not match. At €5,492 per built m² the relevant question is whether the premium is justified against comparable new-build completions, not whether it beats the area's median of €3,381/m².
Comparable confidence: 70% · Source: live market data, 23/07/2026
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What every unit receives
Living in Casares
Casares pueblo, the white village at the doorstep, keeps daily life close: a restaurant sits 85 metres away, with a bar and pharmacy within roughly 200 metres. The coast is around 17 minutes' drive, with the beaches near Estepona and the marinas of La Duquesa and Estepona about 21 minutes on. Golfers have Estepona Golf and Azata Golf within 13 minutes, and the Hospital de Alta Resolución de Estepona is 15 minutes away.
The climate is temperate year-round, with average highs of 20.8°C and lows of 13.4°C. Gibraltar's airport is roughly an hour by road, while Málaga sits at around two-and-a-half hours — a trade-off for the quieter, more natural setting of the Costa del Sol's western reach.

Understand the full picture
Spanish purchases involve taxes and fees that catch first-time international buyers off-guard. We surface every figure that matters.
Typical off-plan payment schedule
Spanish new-build purchases are typically paid in three staged instalments, with every euro held under bank guarantee until completion.
Total cost of ownership
Spanish mortgage scenario
Indicative non-resident mortgage on the slider price above. Spanish banks typically lend 60–70% LTV to non-residents over 20–25 years.
Investment outlook
Three scenarios our analysts model on every Costa del Sol off-plan deal.
Buying off-plan in Spain, answered
Straight answers to the questions our specialists field most. For anything else, the assistant above answers in real time.
Is Alcazaba Lagoon IV a good investment compared to the local resale market?
What is the off-plan payment schedule in Spain?
Can a non-resident get a mortgage to buy at Alcazaba Lagoon IV?
Does buying at Alcazaba Lagoon IV qualify for Spanish residency?
How far is Alcazaba Lagoon IV from Málaga airport?
What is included in the purchase price?
Can I personalise the property?
Speak with our team.
Our New-Developments Desk has reviewed every project on the Costa del Sol catalogue and can walk you through which of the remaining 1 units suit your brief, model the numbers in your currency, and arrange a viewing — including airport transfer where helpful.
Ask a question now via the assistant, or have the team follow up with the full brief.