Spain’s first Crystal Lagoon resort will incorporate 100 key ready homes, unsold during the recession, and add an additional 350 beachfront homes that will be built and offered to international investors and families.
The EUR 121M development is expected to start in the first quarter of 2016 and European rainbelt buyers are expected to snap up the first apartments within weeks of their release. Prices start at EUR 139,000 for a spacious 2-bed, 2-bath.
A massive 14,000 m2 (1.5 hectares/3.5 acres) of crystalline lagoon will be created at inland Casares, Costa del Sol and be ringed by man-made beaches, a new hotel and shopping facilities and prime location homes. It is already being hailed as Europe’s biggest swimming pool.
The lagoon, with its cutting-edge technology, provides ideal conditions for swimming and nautical sports, in a unique, safe and environmentally-friendly setting. Hazards and creatures of the Mediterranean are avoided and the shallow lagoon improves safety for young children.
Owners and renters of the lagoonside homes will be able to swim and take part in nautical sports all the year round due to the retained warmth of the shallow clear turquoise lagoon. With 300 sunny days a year, the lagoon lifestyle which mixes sunbathing on white Caribbean-style beaches, with water and country sports, is likely to prove a major attraction for family and activity holidays.
Although Casares lagoon is expected to be a self-contained and gated resort, many of the best bits of the Costa del Sol are nearby with top holiday destinations including Puerto Banús and Estepona just 15 minutes away by car.
Property professionals are confident the Casares lagoon resort will be the most exciting project ever released on the entire southern coast of Spain and likely to generate premium rents for discerning buy to let owners from Germany, Scandinavia and the UK.
It is the first time the patent-protected technology that allows the construction and maintenance of unlimited-size crystal clear lagoons, has been deployed in Europe. There are 300 similar projects in 60 countries.
Casares, the white village in a water world
Casares is a white village of Arab origin that has been designated as a Historical-Artistic Site. It is between Costa del Sol, Serranía de Ronda and Campo de Gibraltar. Its main tourist attractions are the quaint streets, ruins of the medieval castle, a 2km coastline, fine golf courses and a beautiful natural environment that is based on fresh water springs, sulphur springs, rivers and streams. Casares lagoon resort is a natural extension.
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