New Development · Casares
Price: €398,000
Arrecife in Casares comprises 2 to 4-bedroom south-facing homes from 112 to 231 m2. Delivery is due in Q4 2027 with prices starting from €398,000.
Delivery: Q4 2027
Arrecife introduces a modern collection of south-facing two to four-bedroom apartments in Casares Costa, starting from €398,000. Sized between 112 and 231 square meters, these residences command Mediterranean Sea views and are designed with modern aesthetics and energy efficiency. Delivery for this prestigious new development is scheduled for the fourth quarter of 2027.
Ideally positioned in Casares Costa, Arrecife sits between the distinguished destinations of Marbella and Sotogrande, with Estepona close by. The surrounding area offers easy access to championship golf courses, beach clubs, and respected international schools.
Homes include two to three bathrooms equipped with underfloor heating, complemented by double glazing and fitted wardrobes throughout.
Arrecife is a secure gated complex complete with an entry phone system and integrated alarms. Residents enjoy landscaped gardens, a heated swimming pool, a jacuzzi, and a fully equipped gymnasium. Each property also comes with a dedicated private garage space and a storage room, easily accessible via lift.
Positioned to benefit from strong local demand, Arrecife is well-placed for capital growth and consistent rental yields. Its prime coastal location and comprehensive resort amenities make it a compelling proposition for discerning investors.
Casares operates under the Ayuntamiento de Casares, a municipality that spans from the mountainous interior down to a two-kilometer stretch of coastline. Arrecife is located in this coastal sector, known as Casares Costa, which borders Estepona to the east and Manilva to the west. The area is accessed primarily via the A-7 coastal highway and the AP-7 toll road. Buyers here are typically Northern European professionals and expatriates who prefer a quieter environment compared to the denser urban centers further east. The local property market trades on low-density development and proximity to premium sporting facilities. Unlike older resort towns, Casares Costa has been developed recently, meaning the infrastructure and road networks, such as the MA-8300 connecting the coast to the historic village, are wide and well-maintained.
Golf is a primary driver of property values in this postcode. Finca Cortesin Golf Club, a frequent host of the Volvo World Match Play Championship and the 2023 Solheim Cup, is a four-minute drive from Arrecife. This 18-hole championship course dictates the premium pricing of the immediate neighborhood. Directly adjacent to Finca Cortesin is Casares Costa Golf, a 9-hole course with a restaurant and fitness center, located just three minutes away by car. A further five-minute drive west along the A-7 brings residents to Doña Julia Golf Club, which offers sea views from its elevated tees. For those willing to drive fifteen minutes into neighboring Cadiz province, the Real Club Valderrama and Real Club de Golf Sotogrande provide additional world-class options.
The coastline of Casares features several distinct beaches. Playa Ancha is the main stretch of sand, located a five-minute drive from the development. It is a wide, flat beach with Blue Flag status, supported by lifeguard stations during the summer months and a boardwalk that connects to neighboring Estepona. Playa de la Sal, located a six-minute drive away, is notable for the Torre de la Sal, a 16th-century watchtower that sits on the headland. Beach clubs in the vicinity include the Finca Cortesin Beach Club, situated right on Playa de la Sal, offering an infinity pool and a high-end restaurant just seven minutes from Arrecife. La Milla in Marbella is a 35-minute drive east, while the Trocadero in Sotogrande is 20 minutes west.
Families relocating to Arrecife have access to several established educational institutions. Sotogrande International School, which offers the International Baccalaureate program for students aged 3 to 18, is a 20-minute drive west via the A-7. Colegio San Jose, a highly regarded Spanish bilingual school, operates two campuses nearby. Its primary school in Estepona is a 15-minute drive, while the secondary campus in Guadalmina is approximately 25 minutes away. For early years education, the Queens British Grammar School in central Estepona can be reached in 18 minutes by car.
International travel is facilitated by two main airports. Malaga-Costa del Sol Airport, the primary aviation hub for the region, is a 60-minute drive east via the AP-7 toll road. This airport provides direct year-round flights to major European cities and seasonal transatlantic routes. Gibraltar International Airport serves as a convenient secondary option, located a 40-minute drive west across the border, offering daily flights to the United Kingdom. The Estepona bus terminal, a 15-minute drive from Arrecife, provides regional coach services to Malaga city and the high-speed AVE train network at Maria Zambrano station.
The culinary scene in Casares ranges from traditional Andalusian ventas to Michelin-starred dining. Kabuki Raw, located within the Finca Cortesin hotel a five-minute drive away, holds a Michelin star for its Japanese-Mediterranean fusion. Sarmiento, an elevated restaurant specializing in grilled meats and regional wines, is situated on the road up to Casares Pueblo, approximately 15 minutes from the development. Closer to the coast, Venta Garcia offers a modern take on traditional Spanish countryside food and is an eight-minute drive inland along the MA-8300. For daily dining, the chiringuitos along Playa Ancha, such as La Sal, serve fresh local seafood and can be reached in five minutes by car. The marina of Estepona, 15 minutes away, provides dozens of additional restaurants and cafes.
Purchasing a new build property in Andalucia requires specific financial planning, as the taxation structure differs from resale homes. Buyers at Arrecife do not pay the standard Property Transfer Tax. Instead, new properties are subject to a 10 percent IVA and a 1.2 percent AJD stamp duty. Based on the entry price of €398,000, a buyer will pay €39,800 in IVA and €4,776 in AJD. For a premium unit priced at €720,000, the IVA amounts to €72,000 and the AJD is €8,640. Buyers must also budget for legal fees, which typically run at 1 percent of the purchase price plus IVA. On the €398,000 apartment, legal fees will be roughly €3,980. Notary and land registry fees combined generally account for an additional 0.5 percent to 1 percent of the purchase price.
Arrecife offers properties ranging from 2 to 4 bedrooms and 2 to 3 bathrooms. The built areas span a range of 112-231 m2. Prices start at €398,000 and go up to €720,000 for the largest units. All properties in this phase feature a south orientation to maximize winter sunlight.
Because Arrecife is a new development, buyers pay 10 percent IVA instead of ITP, plus 1.2 percent AJD stamp duty to the Andalusian government. On the entry price of €398,000, that equals €39,800 for IVA and €4,776 for AJD. You should also budget roughly 1 percent for legal fees, which is about €3,980 on the lowest priced unit. Finally, notary and land registry fees will add another 0.5 to 1 percent to your total closing costs.
Buying off-plan at Arrecife involves a staged payment structure starting with a reservation deposit. You then pay construction instalments, with the final balance due upon completion at the notary. Every payment made before completion is legally protected by a bank guarantee or surety insurance. This protection is mandated under Ley 38/1999 as amended by Ley 20/2015, ensuring your funds are secure if the developer fails to deliver.
The developer has stated an expected delivery timeframe of Q4 2027. However, the only legally binding delivery date is the one written into your private purchase contract. If the developer misses this contractual deadline, the bank guarantees allow you to reclaim your deposited funds with legal interest. Your lawyer will verify this date before you sign any binding paperwork.
The exact community fee is not yet recorded for this off-plan project. Fees will be calculated by the administrator based on the final maintenance costs of the shared areas. Since the development focuses on south-facing orientations without a heavy list of complex amenities, costs should remain proportional to standard building upkeep, elevator maintenance, and communal lighting. The final budget will be voted on by the owners at the first general meeting.
Your primary local tax is the IBI, which is collected annually by the Casares ayuntamiento. The exact IBI figure is not assigned until the property is finished and the catastral value is assessed. Alongside IBI, you will pay a municipal rubbish collection fee, known as Basura, which typically costs under 150 euros per year in this area. Non-resident owners must also file a yearly non-resident income tax return based on the property value.
Short-term rentals are permitted in Casares, provided you register the property with the Junta de Andalucia. You must apply for a Vivienda con Fines Turísticos license and comply with local ayuntamiento regulations regarding occupancy and safety. The south orientation of these homes makes them highly attractive to winter sun seekers, extending the rental season beyond the peak summer months. Property managers in the area typically charge a 20 percent commission to handle guest check-ins and cleaning.
Families living in Casares have access to several established educational institutions along the coast. Sotogrande International School is approximately a 20-minute drive via the A-7 highway, offering the International Baccalaureate curriculum. Alternatively, the Colegio San José in Estepona is about 15 minutes away and provides a bilingual Spanish education. Both schools run dedicated bus routes that pass near the Casares Costa area.
The most convenient major hub is Malaga-Costa del Sol Airport, located about 50 minutes away via the AP-7 toll road. For alternative flight routes, Gibraltar International Airport is much closer, taking roughly 35 minutes to reach by car. Both airports offer rental car services and direct bus links to the main coastal towns. The AP-7 route to Malaga currently costs around 10 euros in tolls during the summer season.
Casares is a prime location for golfers, with several prominent courses just a short drive away. Finca Cortesin Golf Club, which hosted the 2023 Solheim Cup, is located less than 10 minutes from the development. Casares Costa Golf is even closer, providing a 9-hole course and a restaurant within a 5-minute drive. Estepona Golf is also accessible in about 15 minutes heading east along the N-340.
The closest coastline is Playa de la Sal, located on the Casares Costa. You can drive down to this beach in approximately 5 minutes using the MA-8300 road. This stretch of sand features a popular beach club, La Sal, and connects to the wider Estepona promenade. There is ample public parking available right next to the Torre de la Sal watchtower.
Casares is divided into a coastal strip and a historic inland village located 14 kilometers up the mountain. The traditional white village is characterized by steep, narrow streets leading up to a 12th-century Moorish castle. Down on the coast, the ayuntamiento maintains a quieter, low-density environment compared to neighboring Marbella or Estepona. This creates a highly residential atmosphere focused on golf, dining, and nature walks rather than busy nightlife.