




The Place by Alcazaba Lagoon
Project lifecycle
The Place by Alcazaba Lagoon, in context.
On the eastern edge of Casares, where the municipality meets Estepona, The Place is a collection of 38 apartments within the Alcazaba Lagoon resort. It is designed for buyers who want a lock-up-and-leave home on the western Costa del Sol without giving up outdoor space. Layouts run from two to four bedrooms, with built areas of 113 m² to 177 m² and prices from €629,000 to €1,515,000.
The terraces set it apart. One two-bedroom plan pairs 122 m² of interior with an 81 m² terrace, a ratio you would expect of a villa rather than an apartment. Ground-floor homes open onto large gardens with private plunge pools. On the top floors, a solarium with its own pool sits above the rooftops and looks out over the Mediterranean and the lagoon.
Elsewhere, an optional terrace jacuzzi is available. The developer specifies custom furnishings, en-suite bedrooms in the two-bedroom plans, storage rooms and one to three underground parking spaces depending on size. Residents have their own gym, spa and sauna.
Construction began in December 2024 and completion is scheduled for summer 2027. Thirteen of the 38 homes are already sold. Choice of floor and orientation is narrowing, though 25 homes remain for buyers who move now.
Key facts
The 25 remaining apartments
Each one specified individually. Pricing released on enquiry.
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| Unit | Block | Floor | Beds | Baths | Interior | Outside | Garage | |
|---|---|---|---|---|---|---|---|---|
| 2222 | 22 | 2º / 2nd | 2 | 2 | 122 m² | 7 m² terrace | 1 + storage | |
| 2213 | 22 | 1ª / 1st | 2 | 2 | 133 m² | 17 m² terrace | 1 + storage | |
| 2301 | 23 | 3rd | 2 | 2 | 113 m² | 19 m² terrace | 1 + storage | |
| 2201 | 22 | Bajo / Ground Floor | 2 | 2 | 114 m² | 10 m² terrace · 212 m² garden | 1 + storage | |
| 2223 | 22 | 2º / 2nd | 2 | 2 | 135 m² | 31 m² terrace | 1 + storage | |
| 2214 | 22 | 1ª / 1st | 2 | 2 | 144 m² | 18 m² terrace | 1 + storage | |
| 2215 | 22 | 1ª / 1st | 2 | 2 | 144 m² | 22 m² terrace | 1 + storage | |
| 2303 | 23 | 3rd | 2 | 2 | 135 m² | 21 m² terrace | 1 + storage | |
| 2202 | 22 | Bajo / Ground Floor | 2 | 2 | 123 m² | 54 m² terrace · 164 m² garden | 1 + storage | |
| 2225 | 22 | 2º / 2nd | 2 | 2 | 150 m² | — | 2 + storage | |
| 2203 | 22 | Bajo / Ground Floor | 2 | 2 | 135 m² | 66 m² terrace · 112 m² garden | 2 + storage | |
| 2315 | 23 | 1ª / 1st | 3 | 2 | 152 m² | 13 m² terrace | 2 + storage | |
| 2304 | 23 | 3rd | 3 | 2 | 150 m² | 8 m² terrace | 2 + storage | |
| 2305 | 23 | 3rd | 2 | 2 | 150 m² | 8 m² terrace | 2 + storage | |
| 2216 | 22 | 1ª / 1st | 3 | 2 | 167 m² | 25 m² terrace | 1 + storage | |
| 2217 | 22 | 1ª / 1st | 3 | 2 | 169 m² | 11 m² terrace | 2 + storage | |
| 2226 | 22 | 2º / 2nd | 3 | 2 | 172 m² | — | 2 + storage | |
| 2227 | 22 | 2º / 2nd | 3 | 2 | 176 m² | 34 m² terrace | 2 + storage | |
| 2205 | 22 | Bajo / Ground Floor | 2 | 2 | 147 m² | 68 m² terrace · 160 m² garden | 2 + storage | |
| 2204 | 22 | Bajo / Ground Floor | 2 | 2 | 147 m² | 68 m² terrace · 160 m² garden | 2 + storage | |
| 2306 | 23 | 3rd | 4 | 3 | 177 m² | 12 m² terrace | 2 + storage | |
| 2313 | 23 | 1ª / 1st | 2 | 2 | 136 m² | 17 m² terrace | 2 + storage | |
| 2206 | 22 | Bajo / Ground Floor | 3 | 2 | 169 m² | 92 m² terrace · 251 m² garden | 2 + storage | |
| 2207 | 22 | Bajo / Ground Floor | 3 | 2 | 172 m² | 81 m² terrace · 271 m² garden | 2 + storage | |
| 2322 | 23 | 2º / 2nd | 4 | 3 | 173 m² | 34 m² terrace | 3 + storage |
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25 of 38 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. The Place by Alcazaba Lagoon currently sits in the Under construction band.
This is no longer a drawing-board purchase. Work started in December 2024 and handover is scheduled for summer 2027, which shortens the wait and removes much of the uncertainty of buying from plans. Thirteen of the 38 homes have sold. The garden units with plunge pools and the top-floor solariums are where choice will narrow first. On price, it pays to be clear-eyed. Headline figures sit well above the broad Costa del Sol median of €3,429 per m² and nearby resale apartments list between roughly €233,000 and €380,000. Those listings lack this specification and lagoon access and the market data carries low confidence. Buying now secures current pricing with the widest remaining choice. Holiday letting requires a licence and community approval.
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
25 of 38 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.
The Place by Alcazaba Lagoon 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 €5,566 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
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What every unit receives
Living in Casares
The lagoon sets the rhythm of the day. Start with a morning swim or a paddle across its 14,000 m² of water, take lunch at the beach chiringuito, then play padel as the heat eases. Average temperatures run from a high of 21.5°C to a low of 14.9°C, mild enough to keep the terrace in use for most of the year.
Golf is unusually close. 1 km away, around two minutes by car. Azata Golf is four minutes away and Finca Cortesín is also nearby. 4 km off, about seven minutes by car. Playa de la Galera, Bahía Dorada and Arroyo Vaquero are each around ten minutes away.
Puerto Estepona is a 12-minute drive and Puerto Deportivo de la Duquesa is 14, both good for an evening on the waterfront.
The practicalities are covered. Mercadona and Aldi are six to seven minutes away and the Hospital de Alta Resolución de Estepona is five. Estepona's centre is about 15 minutes by car and Marbella around 40. Gibraltar Airport is roughly 50 to 65 minutes away.

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.
Residency planning for non-EU buyers
Spain's property-based Golden Visa route closed to new applicants on 3 April 2025. Non-EU buyers acquiring property at this value still have residency routes — non-lucrative visa, digital-nomad visa, and case-specific options — depending on circumstances. We introduce regulated immigration counsel before any commitment.
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 The Place by Alcazaba Lagoon 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 The Place by Alcazaba Lagoon?
Does buying at The Place by Alcazaba Lagoon qualify for Spanish residency?
How far is The Place by Alcazaba Lagoon from Málaga airport?
What is included in the purchase price?
Can I personalise the property?
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