




Arrecife Fase 2
Project lifecycle
Arrecife Fase 2, in context.
Arrecife Fase 2 occupies a flat, walkable pocket of Casares Costa, the stretch of shoreline between Estepona and Sotogrande where the sea is 541 metres away rather than a distant horizon from a hillside. The scheme runs to 54 apartments and penthouses of two and three bedrooms, from 112 m² to 134 m² built, priced between €398,000 and €620,000. Registry records confirm the site on Calle María Zambrano as urban land under urbanisation works and handover is scheduled between June and September 2028.
The architecture is contemporary and low-key, organised around a southeast orientation that pulls light through the apartments for most of the day and keeps the terraces usable well outside high summer. Large panes of glass dissolve the line between the living room and the terrace. On the ground floor, homes come with private gardens and a rear terrace.
Higher up, the penthouses take the best of it: wide terraces with open sea views and a private jacuzzi, built for long lunches that drift into sunset.
Forty-five of the 54 have already sold. Nine remain, which means the choice of floor, aspect and terrace size is narrowing rather than widening. For buyers who want a completed, move-in home on this coast by late 2028, the window is a practical one.
Key facts
The 9 remaining apartments
Each one specified individually. Pricing released on enquiry.
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| Unit | Block | Floor | Beds | Baths | Interior | Outside | Garage | |
|---|---|---|---|---|---|---|---|---|
| B6-1D | 6 | 1 | 2 | 2 | 112 m² | 7 m² terrace | 1 + storage | |
| B8-0D | 8 | 0 | 2 | 2 | 121 m² | 26 m² terrace · 46 m² garden | 1 + storage | |
| B8-0C | 8 | 0 | 2 | 2 | 121 m² | 27 m² terrace · 27 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 | |
| B8-1D | 8 | 1 | 2 | 2 | 112 m² | 7 m² terrace | 1 + storage | |
| B8-3B | 8 | 3 | 2 | 2 | 121 m² | 20 m² terrace | 1 + storage | |
| B6-2A | 6 | 2 | 3 | 2 | 134 m² | 66 m² terrace | 1 + storage |
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9 of 54 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. Arrecife Fase 2 currently sits in the Under construction band.
Arrecife Fase 2 is already under construction rather than awaiting licence and the registry entry confirms urbanisation works in progress. That removes much of the uncertainty that shadows earlier-stage schemes, while still allowing staged payments ahead of the June to September 2028 handover. The commercial case is plain: 45 of 54 homes are sold, leaving nine, so aspect and terrace choice is finite. On price, the range works out at roughly €3,550 to €4,630 per m² built, against a local resale median near €3,422 per m² and an area average of €4,240. Resale stock in this pocket takes about 172 days to sell, which suggests a measured market rather than a frothy one.
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
9 of 54 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.
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 €3,422/m².
Comparable confidence: 70% · Source: live market data, 19/09/2026
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What every unit receives
Living in Casares
This is a part of the coast that works on foot as much as by car. The nearest beach is 541 metres from the door, with a second within 791 metres, so morning swims need no planning. Restaurante La Casona is 944 metres away and La Choza just over a kilometre, both close enough to walk home from after dinner. A supermarket sits 1.2 kilometres away for daily shopping, with a Lidl at 2.1 kilometres and a larger grocer beyond that.
Golfers are unusually well placed. The Albayt golf academy is 1.3 kilometres from the development and two further courses lie within 1.8 kilometres, which makes an early round and a late breakfast entirely realistic. For boats and evening life, Puerto Deportivo de la Duquesa is eight minutes by car and Puerto Estepona around twelve.
Practicalities are close at hand. The Hospital de Alta Resolución de Estepona is three kilometres away, with a pharmacy in Sabinillas at 2.6 kilometres. Cafés and bars cluster two to three kilometres inland and along the seafront. Gibraltar airport is roughly 29 kilometres away and Málaga around 72 kilometres, putting both within comfortable reach for weekend arrivals.

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 Arrecife Fase 2 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 Arrecife Fase 2?
Does buying at Arrecife Fase 2 qualify for Spanish residency?
How far is Arrecife Fase 2 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 9 units suit your brief, model the numbers in your currency, and arrange a viewing — including airport transfer where helpful.
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