Alcazaba Lagoon IV, Camarate: key-ready apartments by a lagoon in Casares
Completed 2-bedroom apartments in a resort set around a swimming lagoon, from €395,000 and ready to move into.
Last updated: 20 October 2026
About Alcazaba Lagoon Iv
A swimming lagoon with turquoise water, a beach bar and kayaks: that is the image Alcazaba Lagoon IV sells. For a buyer, something else matters more. This phase was completed in March 2024, so you visit a finished building rather than signing off-plan. At the moment two apartments with 2 bedrooms and 2 bathrooms are for sale, at €395,000 and €580,000.
According to the description, the phase has 59 homes, ranging from apartments with 1, 2 or 3 bedrooms to lofts. It is part of a larger resort in Camarate, inland Casares, a few kilometres from Estepona. The heart of the resort is the lagoon with sun loungers and a chill-out area. There is also a regular pool, a gym and a restaurant overlooking the water, an outdoor gym, a volleyball court and a coworking space. In summer, children can attend a camp within the resort.
The two available homes are very different. The €395,000 apartment is on the first floor, measures 55 m² with a 22 m² terrace and has sea views. The €580,000 ground-floor apartment is twice the size: 111 m² with a 44 m² terrace, but no sea views are listed for that home. Both have a parking space, a storage room and an energy rating of B.
Amenities
- Swimming lagoon with sun loungers
- Regular swimming pool
- Beach bar and restaurant
- Gym
- Outdoor fitness area
- Volleyball court
- Coworking space
- Kayaking and paddleboarding
- Summer camp for children
- Secure complex with lift
Alcazaba Lagoon Iv in figures
Here is the honest story. The median price of €6,204 per m² is 29% above the median of 15 new developments in Casares (€4,804) and 94% above resale homes in Casares (€3,197, Idealista, August 2026). That high median comes mainly from the small apartment: 55 m² for €395,000 works out at €7,182 per m². The ground-floor apartment is a good deal lower at €5,225 per m². For the cheapest home, allow around €446,440 all in: €39,500 VAT, €4,740 stamp duty, €2,400 notary and €4,800 lawyer. That is 13% on top of the price. So you are paying for the resort and the lagoon, not for the square metres.
| Price | € 395.000 |
| VAT (IVA) 10% | € 39.500 |
| Stamp duty (AJD) 1.2% | € 4.740 |
| Notary and land registry (estimate) | € 2.400 |
| Lawyer 1% + VAT (estimate) | € 4.800 |
Around 13.0% on top of the price in total. All purchase costs explained.
Terrace, solarium and garden combined, as a percentage of the living area (median). That is more than 60% of new developments in Casares. Largest outdoor space: 44 m².
Calculated by Imagine Marbella on 20 October 2026 from the current supply of 15 new developments in Casares and the average asking price of resale homes in Casares according to Idealista, August 2026. Costs are an estimate; we will prepare an exact calculation for you.
Location
Camarate lies in the hilly part of Casares, at 111 metres above sea level and some 4,000 metres from the coast. It is not a village with little squares and bakeries, but a resort area among golf courses and greenery. Estepona Golf is 4 minutes away by car. People who live here mostly live within the resort: swimming in the lagoon, eating in the restaurant, working out in the gym. For a proper town you drive to Estepona, and for a traditional white village to Casares itself.
For everyday life you need a car. Playa Costa Natura is a 10-minute drive, as is Estepona hospital. Estepona centre is 17 minutes away, the port of La Duquesa 18 and Casares village 24. Gibraltar airport is 51 minutes away, Málaga airport 73. On foot, the beach is not an option at 108 minutes.
We will send you the exact location and the address of the sales office when you request Privé access or book a viewing.
Distances, measured by us
Measured from Alcazaba Lagoon Iv along real roads and footpaths, not as the crow flies.
| Destination | On foot | By car |
|---|---|---|
| Nearest beach (Playa Costa Natura) | 4.4 km, 10 min | |
| Golf course (Estepona Golf) | 3.8 km, 58 min | 1.5 km, 4 min |
| School (Instituto de Educación Secundaria Mar de Alborán) | 10.1 km, 17 min | |
| Hospital (Hospital de Alta Resolución de Estepona) | 4.2 km, 10 min | |
| Port of La Duquesa | 10.9 km, 18 min | |
| Port of Sotogrande | 20.1 km, 28 min | |
| Casares village | 9.9 km, 24 min | |
| Estepona town centre | 9.7 km, 17 min | |
| Málaga airport | 90.5 km, 73 min | |
| Gibraltar airport | 42.1 km, 51 min |
Calculated with OpenStreetMap routes without traffic, on 20 October 2026. Walking times over an hour are omitted.
Sun, light and views
Here the sun rises at 7:03 on 21 June and sets at 21:42, giving 14.6 hours of daylight. On 21 December you still have 9.7 hours, with the midday sun at 30° above the horizon. Alcazaba Lagoon Iv sits at around 111 metres above sea level.
The €395,000 first-floor apartment is listed with sea views. No view is listed for the ground-floor home; we check on site what you can actually see from the terrace.
Homes and finishes
Each home has a fully fitted kitchen, double glazing and air conditioning for heating and cooling, plus its own storage room. Other sources mention porcelain floor tiles, central climate control and a lift running from the underground car park. As the building has been finished for more than two years, on a visit we look at things you cannot see with an off-plan new build: damp patches, the condition of the communal areas, how the lagoon is maintained and what the monthly community fees are.
Payment schedule
As with most new builds on the Costa del Sol, you pay in instalments: a reservation deposit, a portion on signing the purchase contract and during construction, and the balance at the deed signing. Every payment before completion must be covered by a bank guarantee. We will send you the exact payment schedule for Alcazaba Lagoon Iv through Privé.
Available homes in Alcazaba Lagoon Iv
A selection, as of 20 October 2026. More homes are available than shown below; request the full price list.
| Type | Beds | Baths | Living area | Terrace | Garden | Price |
|---|---|---|---|---|---|---|
| Apartment | 2 | 2 | 55 m² | 22 m² | – | € 395.000 |
| Ground floor apartment | 2 | 2 | 111 m² | 44 m² | – | € 580.000 |
Book a viewing nowGet the price list and floor plansSend us a WhatsApp
Our honest verdict on Alcazaba Lagoon Iv
Strengths
- Completed in March 2024, so you see the building and the resort before you buy.
- A swimming lagoon with beach bar is a rare asset in this region.
- Plenty of facilities within the resort, from gym to coworking.
- Ground-floor apartment with 111 m² and a 44 m² terrace for families.
- Estepona Golf a 4-minute drive from your door.
Points to consider
- Price per m² 94% above resale homes in Casares.
- The small 55 m² apartment is expensive per square metre.
- The beach is 10 minutes away by car, not on foot.
- A large resort means higher community fees; ask for them in advance.
- Only two homes for sale, so little choice of position.
Who is Alcazaba Lagoon Iv right for?
This project suits anyone looking for a holiday feeling without having to organise anything themselves: families with children who will use the lagoon and summer camp, or couples who like living in a resort with sport, restaurants and bars close at hand. If you want to buy on price per square metre, or want to walk to the beach every morning, you will find better alternatives in Casares Costa or Manilva.
Why buy through Imagine Marbella?
With us you pay exactly the same price as buying direct from the developer. Our fee is paid by the seller, not by you. What you get on top is what makes the difference.
- Independent. We are not tied to any development. We compare the entire market and tell you honestly when a project is not right for you.
- Stronger at the negotiating table. Whenever there is room to negotiate, on price, payment schedule, finishes or a parking space, we know the market, the sales figures and the developers. We defend your interests; the seller defends theirs.
- Free extra services. We check licences, bank guarantees and specifications, provide legal support in your own language and plan viewings around your travel dates.
- Beyond the handover. We follow the construction, the handover and the after-sales with you, so you are never on your own.
Imagine Privé
As a Privé member, you receive the current price list and availability, floor plans, the building specifications, the payment schedule and our comparison with other new developments, in English, French, Dutch or Spanish.
Free and without obligation.
Off market: what you will not find online
Not every property on the Costa del Sol ends up on a website.
Owners who want to sell discreetly, a last penthouse that has not yet been released, a villa that only comes onto the market when the right buyer appears: part of the market changes hands without a single advert. Already know the market and looking for something you cannot find online? Tell us as precisely as possible what you are looking for. If it exists, we will find it for you.
Ask about our off-market propertiesDiscuss it on WhatsApp
Completely confidential. We only share your search with your permission.
Frequently asked questions about Alcazaba Lagoon Iv
Has Alcazaba Lagoon IV already been completed?
Yes. Completion was in March 2024 and both available apartments are key-ready. You can view them and move in or let them out straight after the notary.
Is Casares by the sea?
The municipality of Casares has a stretch of coast, but the village itself lies in the mountains. Alcazaba Lagoon IV sits in between, in Camarate. From here you reach Playa Costa Natura in 10 minutes by car.
What does the cheapest apartment cost, all in?
At a price of €395,000, around €51,440 in VAT, stamp duty, notary and lawyer comes on top. In total that is about €446,440.
Can you swim in the lagoon?
The lagoon is designed as a pool with clear water and sun loungers. You can also go kayaking and paddleboarding there. We recommend asking which rules and opening hours apply.
Do I pay more if I buy Alcazaba Lagoon Iv through Imagine Marbella?
No. You pay the same price as buying directly from the seller. Through us you also get independent advice, legal guidance and aftercare.
What costs come on top of the price of a new-build home?
In Andalusia, a new build carries 10% VAT (IVA) and 1.2% stamp duty (AJD), plus notary, land registry and lawyer's fees. For the most affordable home in Alcazaba Lagoon Iv, that adds up to around 13.0%.
About the author
Geert Eeckeleers, Managing Director of Imagine Marbella. Since 2018 he has guided buyers on the Costa del Sol, in English, French, Dutch and Spanish.
Next step
Vraag Imagine Privé-toegang aan
We'll get back to you personally within 24 hours. No obligation, discreet and in your language.
- Tailored selection, including homes that aren't online
- Viewings planned around your travel
- Guidance from search to notary and handover of the keys