Alcaidesa Homes Fase 2
Project lifecycle
Alcaidesa Homes Fase 2, in context.
Alcaidesa Homes Fase 2 is a 39-apartment gated development on the coastal fringe of San Roque, positioned between the golf links of La Alcaidesa and a beach that sits roughly 1.3 km from the door. It is aimed equally at year-round residents and international buyers seeking a Mediterranean base within reach of Gibraltar. Homes range from two to four bedrooms and 78 to 150 m², priced from €425,000 to €930,000.
Construction began in June 2024, with completion scheduled for Q4 2026 — a nearly finished product still carrying pre-completion pricing. The scheme is defined by low building density, landscaped walkways and terraces framing sea, golf and, on clear days, the Gibraltar coastline. Thirty of the 39 units are already sold, leaving nine available. For buyers, the remaining window is narrow but the delivery risk is largely behind them.
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 | |
|---|---|---|---|---|---|---|---|---|
| 1ºD - 221D | 22 | 1 | 2 | 2 | 78 m² | 29 m² terrace | — | |
| — | 17 | 1 | 3 | 2 | 98 m² | 32 m² terrace | — | |
| — | 14 | 3 | 4 | 3 | 140 m² | 91 m² terrace | — | |
| 2ºB - 212B | 21 | 2 | 2 | 2 | 102 m² | 114 m² terrace | — | |
| 1ºA - 141A | 14 | 1 | 4 | 3 | 147 m² | 82 m² terrace | — | |
| 2ºC - 212C | 21 | 2 | 3 | 2 | 108 m² | 140 m² terrace | — | |
| 2ºB - 222B | 22 | 2 | 3 | 2 | 150 m² | 235 m² terrace | — | |
| 2ºA - 212A | 21 | 2 | 3 | 2 | 124 m² | 138 m² terrace | — | |
| 2ºA - 172A | 17 | 2 | 3 | 3 | 126 m² | 221 m² terrace | — |
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9 of 39 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. Alcaidesa Homes Fase 2 currently sits in the Under construction band.
With construction live and completion around fourteen months out, buyers here acquire a near-complete home while the last of the build risk clears. The 87 per cent sell-through — 30 of 39 units — signals demand that San Roque's broader resale averages, near €809 per m², have yet to catch up with. Only nine apartments remain, so choice of unit and view narrows quickly. The case is scarcity and timing rather than deep discount.
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 39 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.
Alcaidesa Homes Fase 2 is not priced against average San Roque 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 €5,449 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 €809/m².
Comparable confidence: 70% · Source: live market data, 21/07/2026
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What every unit receives
Living in San Roque
La Alcaidesa occupies a quiet stretch of the San Roque coast, built around golf rather than crowds. La Hacienda Links Golf Resort lies under 400 metres away, with Alcaidesa Links and San Roque Club within a few minutes' drive.
Playa de La Alcaidesa is three minutes by car, and everyday needs are close at hand — the Ruiz Galán supermarket and restaurants such as The Yard, BioPizza and Dragonfly all sit around a kilometre away. Sotogrande's marina, with its dining and sailing scene, is a 13-minute drive north.
Gibraltar, five kilometres south, adds an international airport, English-speaking services and duty-free shopping.

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 Alcaidesa Homes 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 Alcaidesa Homes Fase 2?
Does buying at Alcaidesa Homes Fase 2 qualify for Spanish residency?
How far is Alcaidesa Homes 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.
Ask a question now via the assistant, or have the team follow up with the full brief.