The Place by Alcazaba Lagoon

The Place by Alcazaba Lagoon

Casares · Costa del Sol

38 apartments
Purchase Prices from € 629,000

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Your residence by the Blue Lagoon

Your residence by the Blue Lagoon

Enjoy the stunning views of both the Mediterranean Sea and Europe’s largest artificial lagoon at your future holiday destination, "The Place by Alcazaba Lagoon" in Casares. You will reside in an apartment complex consisting of 38 luxurious residences, offering 2, 2.5, 3, 3.5, or 4 bedrooms.

For example, you can choose a residence with 2 bedrooms, each with an en-suite bathroom, a guest WC, a fully equipped kitchen adjoining a living area, and a balcony. The balcony can be accessed from both the bedrooms and the living room. For added relaxation, an optional Jacuzzi is available. The ground-floor residences feature a swimming pool and private garden instead of a whirlpool. Additionally, the residences come with storage rooms and, depending on the size, one to three underground parking spaces.

At the "Alcazaba Lagoon" residential complex, you have access to numerous recreational activities: swim in the artificial lagoon or enjoy other water sports, use a beach volleyball court, tennis court, padel court, and fitness studio, and visit a sauna, bars, and a restaurant. A sand playground is also available for children, where they can, for example, play football.

Your investment

Why you should choose for "The Place by Alcazaba Lagoon"

Prime location

Prime location

By car, you can quickly reach various beaches, Estepona's city center, as well as Marina De La Duquesa in Manilva.

For golf enthusiasts

For golf enthusiasts

The Costa del Sol is renowned for its golf courses. "Finca Cortesín", "Estepona Golf", "Azata Golf", and others are nearby.

More life and stlye

More life and stlye

Whether it's hiking, horseback riding, or ziplining – at Alcazaba Lagoon, you can enjoy these and numerous other sporting activities.

Spacious area

Spacious area

Alcazaba Lagoon features a water surface of 14,000 square meters, along with garden areas covering 40,000 square meters.

Purchase prices
District Casares
€3,858/m²average
+3.3% in the past year
As of Sep 2026
Purchase price growth
District Casares
+76.7%5 years
avg. +12.1%/yr
+179.6% 10 years
As of Sep 2026
Long-term rents
District Casares
€14.5/m²per month
+3.6% in the past year
As of Aug 2026
Rent growth
District Casares
+108.6%5 years
avg. +15.8%/yr
As of Aug 2026
Live & rent
Nightly price
€183–206for 2-bed
30–45% Occupancy over the year
in summer 68–87%
As of Sep 2026
Live & rent
yield
2.7–5.4%gross on the purchase price
€16,900–34,000 a year
net 2–4.1%
As of Sep 2026
Investment rental
Nightly price
€198–205for 2-bed
55–71% Occupancy over the year
in summer 86%
As of Sep 2026
Investment rental
yield
6.9–7.7%gross on the purchase price
€43,500–48,100 a year
net 5.2–5.7%
As of Sep 2026

Holiday letting needs a licence and the community’s approval. Based on 25 comparable 2-bedroom holiday rentals within 1.6 km — past figures, an indication, not a forecast.

More in the investor area →·Our own market analysis of newestepona.com

Where is "The Place by Alcazaba Lagoon"?

38 Apartments · from € 629,000

The new development "The Place by Alcazaba Lagoon" is located between Casares and Estepona, just a few kilometers away from the "Estepona Golf" course. Beaches such as Playa de la Galera, Playa Bahía Dorada, and Playa Arroyo Vaquero are also nearby, each reachable by car in approximately ten minutes. Estepona's city center is about a 15-minute drive away, Casares about 30 minutes, and Marbella around 40 minutes. Gibraltar Airport can be reached by car in approximately 50 minutes.
Where is "The Place by Alcazaba Lagoon"? — map
Where is "The Place by Alcazaba Lagoon"?

FAQs about The Place by Alcazaba Lagoon

Where is The Place by Alcazaba Lagoon located?

The Place by Alcazaba Lagoon sits between Casares and Estepona, a few kilometres from Estepona Golf, with beaches such as Playa de la Galera, Bahía Dorada and Arroyo Vaquero each around ten minutes away by car. newEstepona is glad to arrange a viewing.

What homes does The Place by Alcazaba Lagoon offer?

It is a development of 38 luxury apartments with 2 to 4 bedrooms, overlooking both the Mediterranean and Europe’s largest man-made lagoon. newEstepona can walk you through the available layouts and orientations.

What amenities come with The Place by Alcazaba Lagoon?

Residents enjoy the Alcazaba Lagoon — Europe’s largest artificial crystal lagoon for swimming and watersports — alongside the views and resort setting. Ask newEstepona for the full specification and finish options.

What is it like to live by the Alcazaba Lagoon?

Living between Casares and Estepona by the lagoon offers a resort lifestyle with swimming and watersports on the doorstep, beaches and golf minutes away, and Estepona a short drive. It suits full-time living and holiday use alike; any holiday letting requires a tourist licence and the community’s approval. Christiane Tiebel of newEstepona is happy to explain what life here involves.

Who can I speak to about The Place by Alcazaba Lagoon?

Your contact is Christiane Tiebel of newEstepona, who guides you personally from the first enquiry to the handover of keys — arranging viewings, floor plans and current availability and coordinating lawyer and notary. She is easiest to reach by WhatsApp or email.

Equipment at a glance

  • Fully equipped kitchen
  • Washer/dryer
  • Air conditioning
  • Porcelain tiles
  • Built-in wardrobes
  • Secure entry door
  • White interior doors
  • Video intercom system
  • Telephone/TV connections
  • Photovoltaic (residential complex)

The next Hotspots

AIRPORT:42,2 km (GBR)
HIGHWAY:12,9 km
BEACH:4,5 km
SUPERMARKET:4,6 km
CITY CENTER:9,9 km (Estep.)
RESTAURANTS:600 m
GAS STATION:8,5 km
HOSPITAL:14,0 km
BUS STOP:6,0 km
SKI RESORT:292 km

About us

In Estepona we have found a place with a special quality of life. The climate, the Spanish culture, a variety of leisure activities and an international community offer a unique attitude to life throughout Europe.

With many decades of real estate experience our team will find the right property for you. From the first contact through all administrative procedures to the final notary appointment we are a reliable partner on your side.

Do you have any questions?

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