Completed · current release

Alcazaba Lagoon IV

Casares · Casares

Prices from

€335,000

Available

1 of 50

Bedrooms

2en-suite

Delivery

Ready now

Type

Apartments

Size from

61 m²

Total homes

50 homes

Phase

Completed

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Licensed agency · est. 2017 AIPP member 500+ active developments

Project lifecycle

Coming soon

Off-plan

With licence

Under construction

You are hereCompleted~16% saving

Roccabox · the editorial

Alcazaba Lagoon IV, in context.

Alcazaba Lagoon IV is a completed, gated apartment complex in Casares, on the western edge of the Costa del Sol — positioned for buyers who want resort-grade amenity within reach of both Estepona (7 kilometres) and Marbella, without Marbella pricing. The development's defining feature is access to Europe's first Crystal Lagoon: a private body of water with white sand coves, a promenade, and organised water sports including kayaking, paddle surfing, and pedal boats. The 40,000 m² estate is arranged in residential clusters set within tropical gardens, with a beach bar, restaurant, fully equipped gym, multiple jacuzzis and saunas, and a volleyball court completing the communal offer. Interiors are finished to a consistent specification — Porcelanosa porcelain tiling, Bosch-equipped kitchens, Technal glazing systems, and centralised hot-and-cold air conditioning. With 49 of 50 units sold, this phase is effectively closed.

Prepared by the Roccabox New-Developments Desk · Marbella

At a glance

Key facts

01
50-unit gated complex set within 40,000 m² of tropical gardens — 49 of 50 sold
02
Europe's first Crystal Lagoon with private sandy beach and water sports, exclusively for residents
03
Porcelanosa flooring, Bosch appliances, Technal glazing across all apartments
04
Seven kilometres from central Estepona; accessible via Málaga Airport and Gibraltar
05
At €335,000, priced below comparable two-bedroom resales in Casares (one listed at €390,000)

The current release

The 1 remaining apartment

Each one specified individually. Pricing released on enquiry.

+Show full unit listHide unit list 1 units · Unit, block, floor, specs, garage

Unit	Block	Floor	Beds	Baths	Interior	Outside	Garage
AL4-2113	—	1	2	2	61 m²	22 m² terrace	1 + storage

Pricing released on enquiry. Reservations require a refundable holding deposit, held under Spanish bank guarantee until completion.

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Ask anything about Alcazaba Lagoon IV.

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Live availability

1 of 50 apartments remain

Live data refreshed nightly from our multiple independent sources.

2-bedroom apartment 61 m²

From

€335,000

1 available

The off-plan discount curve

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.

Coming soon

~40% off

Off-plan

~32% off

With licence

~27% off

Under construction

~22% off

Completed

YOU ARE HERE

~16% off

Current entry

€335k

Completed pricing

Projected key-ready benchmark

€399k

Indicative uplift modelled against comparable new-build completions

Roccabox analyst view

Phase IV is completed and essentially absorbed — one unit remains from a 50-home release of which 49 are sold. That scarcity is itself the argument: this is a last-unit opportunity in an established, operational resort rather than a speculative purchase. At €335,000 for a two-bedroom apartment, the asking price sits below a comparable two-bedroom resale currently listed in Casares at €390,000, and the area's median price per square metre has risen consistently over the past twelve months.

Reserving early

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.

Market reality

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 €2,456/m².

Comparable confidence: 70% · Source: live market data, 15/05/2026

Casares apartments median (€/m²)

€2,456

Alcazaba Lagoon IV (€/m² built)

€5,492

Premium reflects

new-build specification · scarcity · plot & orientation

Why buy with Roccabox

Your purchase is in safe hands

Licensed, regulated and trusted since 2017. We verify every development before listing it.

◆

Licensed agency

AIPP member · est. 2017 · Regulated by Spanish property law

◆

Live market data

Cross-referenced against the most credible Costa del Sol sources

◆

Buyer protections

Staged payments · bank guarantee · 10-yr warranty

61 m²

Internal area per unit

Specification

What every unit receives

Bedrooms

2 en-suite

Bathrooms

Built area

61 m²

Build stage

Completed

Warranty

10-yr structural

Energy

Class A (new build)

Casares

Living in Casares

Golf

6.3 km

Estepona Golf

Beach

8.6 km

Airport

33.3 km

Royal Air Force Gibraltar

Restaurant

85 m

Mi Cortijo

Bar

191 m

Bar Plaza

Pharmacy

212 m

Farmacia MAriano Ruedas

Hospital

7.5 km

Hospital de Alta Resolución de Estepona

Marina

10.5 km

Puerto Deportivo de la Duquesa

Train station

14.8 km

Jimena de la Frontera

Casares sits at the quieter, greener end of the Costa del Sol — a municipality that combines a hilltop white village with a coastline of uncrowded coves suited to swimming, diving, and fishing. The area's average daily high of 20.8 °C and mild overnight low of 13.4 °C produce one of the more temperate microclimates on the coast, suitable for outdoor living well into winter. Championship golf courses, the marina infrastructure of Estepona and Sotogrande, and the full retail and medical services of Marbella are all within practical driving distance. Gibraltar's international airport provides an alternative gateway, broadening the case for short-stay use.

From your door

Marbella Old Town

39 min by car

35.5 km direct

Puerto Banús

31 min by car

28.7 km direct

Málaga Airport

1h 20m by car

73.6 km direct

Mijas Pueblo

1h 4m by car

59.1 km direct

La Cala de Mijas

1h 1m by car

56.1 km direct

Estepona

12 min by car

11.4 km direct

Gibraltar

38 min by car

34.5 km direct

Ronda

37 min by car

34.3 km direct

Shahd Sherif · Your Roccabox specialist

New Developments Desk · Marbella office

Every Roccabox specialist on the New-Developments Desk has walked the projects we represent and reviewed the architectural drawings. We will tell you honestly which of the remaining Alcazaba Lagoon IV residences suits your brief, model the numbers in your currency, and arrange a private viewing within the week. Airport transfer arranged where helpful.

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WhatsApp the team +34 951 12 04 67

Real numbers

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.

On reservation

€34k10%

Refundable holding deposit until contract signing; locks the unit out of the open market.

Contract signing

€67k20%

First instalment to the developer's bonded escrow account, around 4–8 weeks after reservation.

On completion

€234k70%

Balance paid when keys are handed over and the licence of first occupation issued.

Total cost of ownership

Purchase price · drag to model

€335,000

From €335,000€435,500

VAT / IVA (10% new build)

€33,500

Stamp duty / AJD (1.2%)

€4,020

Notary + registry (~1%)

€3,350

Legal fees (~1%)

€3,350

All-in

€375,870

Annual IBI (property tax) ≈ 0.4–1.1% of cadastral value. Community fees vary. Your gestor confirms exact figures.

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.

Monthly payment

€1,174/mo

Total repayable

€352,189

Loan-to-value · 70%

50%70%

Term · 25 years

10 yrs30 yrs

Interest rate · 3.50%

2.5%5.5%

Deposit required

€100,500

Loan amount

€234,500

Illustrative only. Actual Spanish mortgage terms depend on residency, income, tax history and the lender. Roccabox can introduce you to non-resident mortgage brokers.

Investment outlook

Three scenarios our analysts model on every Costa del Sol off-plan deal.

A · Hold and sell at key-ready

€60,300gross uplift

B · Rent long-term (gross/yr)

€9,380

C · Short-term rental (peak gross/yr)

€15,075

Capital growth · 8-yr area benchmark

+30–40%

Personal 5-year model

on request

Ranges are illustrative and gross. Short-term rentals require a tourism licence (VFT) and active management. Our investment analysts can model your specific scenario using current Marbella rental comparables.

Common questions

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?

Alcazaba Lagoon IV is positioned as a premium new-build product with developer warranty, modern specification and limited supply. Comparable to the broader resale stock in Casares on price-per-m², the premium reflects new-build standards, plot quality and amenity package not typically available in the resale market. Our market analysts model the projected key-ready value on request.

What is the off-plan payment schedule in Spain?

Spanish off-plan purchases are typically staged: 10% on reservation (refundable holding deposit), a further 20% on signing the private purchase contract, and the remaining 70% on completion. Every euro paid before completion is held under bank guarantee — if the developer defaults, your money is refunded under Spanish law.

Can a non-resident get a mortgage to buy at Alcazaba Lagoon IV?

Yes. Spanish banks routinely lend 60–70% loan-to-value to non-residents on properties at this value, over terms of 20–25 years at competitive rates. Roccabox introduces vetted non-resident mortgage brokers at no cost.

Does buying at Alcazaba Lagoon IV qualify for Spanish residency?

Spain's property-based Golden Visa route closed to new applicants on 3 April 2025 under Organic Law 1/2025. However, other residency routes remain available depending on circumstances — non-lucrative visa, digital-nomad visa, work or family-based permits. Roccabox introduces regulated Spanish immigration counsel.

How far is Alcazaba Lagoon IV from Málaga airport?

Approximately 80 minutes' drive, with a direct route via the A-7 / AP-7 motorway.

What is included in the purchase price?

Price includes the unit as specified by the developer. Spanish purchase costs (VAT/IVA on new builds at 10%, AJD stamp duty at 1.2%, notary and registry around 1%, legal counsel typically 1%) sit on top of the headline price. The Roccabox team produces a personalised total-cost breakdown on request.

Can I personalise the property?

At the Completed stage, Alcazaba Lagoon IV buyers can typically influence layout details, basement configuration, finishes and specification ahead of handover. The window narrows as the build progresses. Our specialist will walk you through what's still negotiable on each remaining unit.

Speak with us

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.

Shahd Sherif

New-Developments Desk · Marbella

EN · ES · RU · FR · NL · SV

Call the team · +34 951 12 04 67 WhatsApp the team Ask the assistant