Casares is one of those places where you find yourself quietly asking, “Why is this still affordable?”
Situated between Estepona and Manilva, slightly inland from the coast, Casares has a population of around 7,157 and is renowned for its white mountain village, open landscapes, golf resorts and low-density developments.
From Benalmádena, Casares is about an hour’s drive away, but once you arrive, it feels as though you have stepped away from the busy coast into a much more relaxed setting.
Over the past 9 years, I have seen Casares slowly gain attention, not because of hype, but because savvy investors have recognised its potential.
Types of Properties for Sale
Apartments
Mainly located in Casares Costa and golf developments. Spacious, modern, and often with sea or golf views.
Luxury Villas
Still limited compared to Marbella or Benahavís, but growing. Larger plots, privacy, and strong long-term potential.
Townhouses
Good value option. More space than apartments, often within gated communities.
New Developments (Off-Plan)
This is where Casares really shines. New projects with modern design, lower entry prices, and strong appreciation potential.
👉 Important:
You’re buying space and future growth, not just location.
Market Stats and Regulations
According to Idealista:
- Average price: ~€3,000–€3,400/m²
- Strong growth trend
- Still below neighboring areas
Reality:
- New developments → above average
- Golf-front / sea view → premium
- Older units → best value opportunities
👉 Compared to Estepona or Marbella, Casares still feels undervalued.
Long-Term Rentals
- 1-bed: €800 – €1,100/month
- 2-bed: €1,100 – €1,600/month
👉 Demand is growing, especially from expats and remote workers looking for quieter areas.
Short Term Rentals in Casares
Short-term rentals are allowed, but:
- Tourist license required
- Community approval required
Realistically:
- Around 3 out of 5 properties get approved
Returns:
- 4–6% net (realistic)
- 7–10% for well-managed units
- Up to 14% NET ROI in exceptional cases
Best performers:
- 1-bedroom apartments
- Golf or sea view units
👉 Casares is not overcrowded—so good properties stand out more.
Fresh Properties for Sale in Casares
Local Attractions
Casares Pueblo
A beautiful white village in the mountains. Quiet, authentic, and one of the most picturesque spots in the region.
Finca Cortesin Golf Resort
One of Europe’s top golf resorts, hosting international tournaments and attracting premium buyers.
Casares Costa Beaches
Less crowded than Marbella or Fuengirola. More space, more calm, and cleaner surroundings.
For Who is it
Families
Good option.
- Safe, quiet environment
- More space
- Car needed
Investors
Very strong opportunity.
- Lower entry price
- Growth potential
- Increasing demand
Flippers
Great potential.
- Older units below market
- Value after renovation
Retirees
Excellent choice.
- Calm lifestyle
- Nature + views
- Less noise
Local Populations of Foreigners
Casares is becoming more international:
- UK
- Scandinavia
- Belgium
- Netherlands
👉 Still less crowded with foreigners compared to Marbella—more authentic feel.
Pros and Cons of Choosing a Property Here
Hills vs. Views
- Elevated areas → great views
- But less walkable
Crowded vs. Space
- Very low density
- Plenty of space
Calm vs. Price
- Peaceful lifestyle
- Lower prices vs nearby areas
Slow Growth – Steady Demand
- Stable long-term appreciation
- Not speculative
Fast Growth – Emerging Market
- New developments driving growth
- Increasing buyer interest
New vs. Resale in Casares
- New builds → best for investment
- Resale → best value deals
👉 Casares is where early decisions often turn into the best investments later.
To find the right property here, you will need good experts to research for you the project or the second hand home.
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