New build property prices in Casares, Málaga vary depending on size, type, and proximity to the coast. Across the 50 developments we track in the area, the average asking price is EUR 681,543. Entry-level properties start from EUR 305,000, while premium homes can reach EUR 3,225,810.
In terms of price per square metre, Casares, Málaga averages EUR 6,538/m2. The typical new build here offers 2.8 bedrooms and 102 square metres of built area. Available property types include Townhouse, Penthouse, Apartment, giving buyers a range of options from compact apartments to larger family homes or luxury villas.
Beyond the purchase price, buyers should budget for approximately ten to thirteen percent in additional costs. These include transfer tax or VAT at ten percent for new builds, notary and registry fees around one to two percent, and legal fees of roughly one percent. Annual running costs in Casares, Málaga typically include IBI property tax, community fees, and building insurance. Properties in Casares, Málaga benefit from being within the Costa del Sol, which supports strong resale values and rental demand from the established tourist market.
The top-scoring development currently available is Luxury Golf Resort Living in Casares, Costa del Sol, which offers the best combination of value and quality based on our scoring algorithm. With an average gross rental yield of 2.2% across the area, many buyers find that rental income can offset a significant portion of annual ownership costs. For the most current pricing, we update our database weekly with the latest figures from developers and agents across the region.