Under construction · current release

Arrecife Fase 2

Casares Costa · Casares · Ref: RDEV2318

Prices from

€398,000

Available

11 of 55

Bedrooms

2–3en-suite

Delivery

Between June and September 2028

Type

Apartments

Size from

112 m²

Total homes

55 homes

Phase

Under construction

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

Project lifecycle

Coming soon

Off-plan

With licence

You are hereUnder construction~22% saving

Completed

Roccabox · the editorial

Arrecife Fase 2, in context.

Arrecife Fase 2 is the second phase of a contemporary apartment scheme in Casares Costa, on the stretch of coast between Marbella and Sotogrande where Casares meets Estepona. It brings together 55 homes of two and three bedrooms, each with two bathrooms and between 112 m² and 134 m² of built space. The buyer it suits is easy to picture: someone who wants the sea within walking distance, a terrace large enough to live on and a home that can be locked up and left without a second thought.

The architecture is shaped around light. The buildings face south-east, so the day starts early and bright. Large windows carry that light deep into the living spaces and soften the line between inside and out. Ground-floor flats open onto a garden with a rear terrace. Upper floors have generous terraces made for long lunches and family evenings outdoors.

At the top, the penthouses claim panoramic sea views and a private jacuzzi, the kind of setting where an evening drink stretches on as the light fades over the water. Every home includes a garage and a storage room.

The window is narrowing. Construction has started, 44 of the 55 homes are sold and eleven remain, priced from €398,000 to €630,000 ahead of completion between June and September 2028. Full specifications have not yet been published. We suggest reviewing finishes and the remaining floor plans with us before you commit.

Prepared by the Roccabox New-Developments Desk · Marbella

At a glance

Key facts

01
Two and three-bedroom apartments, 112 to 134 m² built, from €398,000
02
Penthouses with panoramic sea-view terraces and a private jacuzzi
03
Nearest beach roughly 540 metres away, golf 1.3 km
04
44 of 55 homes sold, eleven remaining
05
Garage and storage room with every home, completion mid to late 2028

The current release

The 11 remaining apartments

Each one specified individually. Pricing released on enquiry.

+Show full unit listHide unit list 11 units · Unit, block, floor, specs, garage

Unit	Block	Floor	Beds	Baths	Interior	Outside	Garage
B6-1D	6	1	2	2	112 m²	7 m² terrace	1 + storage
B6-1C	6	1	2	2	121 m²	—	1 + storage
B8-0C	8	0	2	2	121 m²	27 m² terrace · 27 m² garden	1 + storage
B8-0D	8	0	2	2	121 m²	26 m² terrace · 46 m² garden	1 + storage
B8-0B	8	0	2	2	121 m²	26 m² terrace · 18 m² garden	1 + storage
B8-0A	8	0	2	2	121 m²	26 m² terrace · 58 m² garden	1 + storage
B8-1B	8	1	2	2	121 m²	—	1 + storage
B8-1A	8	1	2	2	112 m²	7 m² terrace	—
B6-2A	6	2	3	2	134 m²	66 m² terrace	1 + storage
B8-2B	8	2	3	2	134 m²	66 m² terrace	1 + storage
B6-2B	6	2	3	2	134 m²	66 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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Live availability

11 of 55 apartments remain

Live data refreshed nightly from our multiple independent sources.

2-bedroom Apartments 112–121 m²

From

€398,000

8 available

3-bedroom Apartments 134 m²

From

€620,000

3 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. Arrecife Fase 2 currently sits in the Under construction band.

Coming soon

~40% off

Off-plan

~32% off

With licence

~27% off

Under construction

YOU ARE HERE

~22% off

Completed

~16% off

Current entry

€398k

Under construction pricing

Projected key-ready benchmark

€510k

Indicative uplift modelled against comparable new-build completions

Roccabox analyst view

Construction has started and 44 of the 55 homes are sold. Much of the early-stage uncertainty has gone, yet eleven units still remain to choose from. Completion is due between June and September 2028, which leaves time to plan the move. On price, expect a new-build premium. Pairing the entry price with the smallest plan gives an indicative figure of around €3,550 per m². The broad Costa del Sol median is €3,423 per m², up from €3,374 over twelve months, although that reading carries low confidence. Nearby Casares resales start lower, from €220,000. That is older stock with unpublished floor areas, however, so the comparison is imperfect.

Reserving early

Why buyers reserve at this stage

Personalisation window

Reserving during the Under construction 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

11 of 55 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.

Arrecife Fase 2 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 €3,554 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 €3,429/m².

Comparable confidence: 70% · Source: live market data, 05/11/2026

Casares apartments median (€/m²)

€3,429

Arrecife Fase 2 (€/m² built)

€3,554

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

◆

Plot verified

Spanish national land registry

◆

Live market data

Cross-referenced against the most credible Costa del Sol sources

◆

Buyer protections

Staged payments · bank guarantee · 10-yr warranty

112–134 m²

Internal area per unit

Specification

What every unit receives

Bedrooms

2–3 en-suite

Bathrooms

Built area

112–134 m²

Build stage

Under construction

Completion

Between June and September 2028

Warranty

10-yr structural

Energy

Class A (new build)

Casares Costa

Living in Casares

Golf

1.3 km

Golf Academy Albayt Resort

Beach

541 m

Airport

29.0 km

Royal Air Force Gibraltar

Restaurant

944 m

Restaurante La Casona

Café

2.6 km

La Bocatería

Bar

2.4 km

Graingers Bar

Supermarket

1.2 km

Supermarket

Pharmacy

2.6 km

Farmacia Central Sabinillas

Hospital

3.0 km

Hospital de Alta Resolución de Estepona

Marina

3.9 km

Puerto Deportivo de la Duquesa

Train station

20.4 km

Jimena de la Frontera

Daily life here runs at walking pace. The nearest stretch of sand lies about 540 metres from the development, with a second beach under 800 metres away. That is close enough for an early swim before the coffee is made. Restaurante La Casona is under a kilometre off, with La Choza a short distance beyond and a supermarket sits around 1.2 km away for the everyday shop. Golfers are well placed too. Golf Academy Albayt Resort is three minutes by car, with further golf facilities within 1.8 km.

The wider coast opens up quickly. The marina at Puerto Deportivo de la Duquesa is an eight-minute drive and Puerto Estepona is about twelve. The bars, cafés and pharmacy of nearby Sabinillas are roughly five minutes away. For peace of mind, the Hospital de Alta Resolución de Estepona is six minutes by car.

The climate favours life outdoors, with a ten-year average daily high of 22°C and a low of 15.5°C. Gibraltar's airport is around 29 km away. Málaga airport lies about 72 km up the coast.

From your door

Marbella Old Town

35 min by car

32.4 km direct

Puerto Banús

28 min by car

25.5 km direct

Málaga Airport

1h 18m by car

71.2 km direct

Mijas Pueblo

1h 1m by car

56.3 km direct

La Cala de Mijas

57 min by car

51.9 km direct

Estepona

8 min by car

7.4 km direct

Gibraltar

33 min by car

30.2 km direct

Ronda

43 min by car

39.6 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 Arrecife Fase 2 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

€40k10%

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

Contract signing

€80k20%

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

On completion

€279k70%

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

Total cost of ownership

Purchase price · drag to model

€398,000

From €398,000€630,000

VAT / IVA (10% new build)

€39,800

Stamp duty / AJD (1.2%)

€4,776

Notary + registry (~1%)

€3,980

Legal fees (~1%)

€3,980

All-in

€450,536

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

€1,395/mo

Total repayable

€418,421

Loan-to-value · 70%

50%70%

Term · 25 years

10 yrs30 yrs

Interest rate · 3.50%

2.5%5.5%

Deposit required

€119,400

Loan amount

€278,600

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

€71,640gross uplift

B · Rent long-term (gross/yr)

€11,144

C · Short-term rental (peak gross/yr)

€17,910

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 Arrecife Fase 2 a good investment compared to the local resale market?

Arrecife Fase 2 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 Arrecife Fase 2?

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 Arrecife Fase 2 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 Arrecife Fase 2 from Málaga airport?

Approximately 78 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 Under construction stage, Arrecife Fase 2 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 11 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

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