Alcaidesa Homes Fase 2
Project lifecycle
Alcaidesa Homes Fase 2, in context.
Alcaidesa Homes Fase 2 is a gated collection of 38 apartments — two to four bedrooms, ranging from 102 to 150 m² — set directly on the shoreline of La Alcaidesa, five kilometres from Gibraltar. Construction began in June 2024 and completion is scheduled for May 2026, a timeline that is already well advanced.
The development is notable for its amenity depth: infinity pools, gymnasium, sauna, a dedicated children's club, coworking and study areas, a library and an on-site cafeteria sit within landscaped communal grounds, while underground vehicle circulation and a monitored security perimeter keep the resident experience quietly ordered. Apartments face sea, golf course and, on the clearest days, the coast of Africa — a view that is specific to this particular stretch of the Campo de Gibraltar.
With only five units remaining from 38, the opportunity here is narrow and the trajectory of demand unambiguous.
Key facts
The 4 remaining apartments
Each one specified individually. Pricing released on enquiry.
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| Unit | Block | Floor | Beds | Baths | Interior | Outside | Garage | |
|---|---|---|---|---|---|---|---|---|
| Dúplex D - 143D | 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 | — | |
| 2ºA - 172A | 17 | 2 | 3 | 3 | 126 m² | 221 m² terrace | — |
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4 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. Alcaidesa Homes Fase 2 currently sits in the Under construction band.
At this stage — construction live, completion fourteen months away — buyers are acquiring a nearly finished product at prices set before the final phase of build risk is removed. The sell-through rate of 87 per cent (33 of 38 units) in an active market confirms demand that the broader San Roque resale figures, averaging €641 per m² across all stock, do not yet reflect. At entry from €643,000 across 102 m² of new-build specification, the price-per-metre case against comparable resale product is compelling. Five units remain.
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
4 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.
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 €6,304 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 €641/m².
Comparable confidence: 70% · Source: live market data, 15/05/2026
Your purchase is in safe hands
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What every unit receives
Living in San Roque
La Alcaidesa occupies a narrow coastal strip within the municipality of San Roque, where the Campo de Gibraltar's characteristic Atlantic-Mediterranean microclimate delivers average highs of 20.5 °C and mild lows around 15 °C year-round. The immediate environment combines beachfront access with golf-course surroundings, while the Rock of Gibraltar forms an ever-present landmark to the south. Marinas, international schools and private hospitals are within short driving distance. For travel, Gibraltar Airport serves the southern end of the region, and Málaga's international hub lies roughly 120 kilometres to the north-east via the AP7 — a route that takes in the broader Costa del Sol corridor.

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 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 4 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.