New development · Costa del Sol · Benalmádena

NEXUS RESIDENCES

From €524,000

3 beds · 164 m² built

Ref HT4742533Updated daily · Last sync 26 August 2026

About this property

Overview

Nexus Residences consists of 35 apartments and penthouses with two, three and four bedrooms, set on a hillside above the AP-7 in Benalmadena. The three-bedroom homes here measure 164 square metres built, with substantial outdoor space: terraces run to 106 square metres, and some homes have private garden plots of 66 square metres as well. South-facing orientation means strong light through the middle of the day. The layouts suit families who need separate sleeping areas and buyers who want outdoor living space without managing a villa. The generous terrace size makes these homes workable for year-round use, not just summer holidays.

The development sits inland from the coast road, which puts you away from the immediate beach traffic but means a car is necessary. Playa de Santa Ana is an eight-minute drive, and Carrefour Market is four minutes away for weekly shopping. Málaga Airport is 25 minutes by car, so this location works if you travel regularly or rent the property out. The British College is 14 minutes away, and Hospital de Alta Resolución de Benalmádena is nearby, both useful for families settling here. You are not in walking distance of the beach or the marina, so this suits buyers who prefer a quieter hillside setting and do not mind driving to the coast.

Communal areas include a pool, gardens and dedicated spaces for children. The development is gated, which restricts through traffic but also means a more insular feel than a street-level apartment. Sea views are available from the upper floors, though the inland position means these are distant rather than immediate. This works for buyers who want a coastal outlook without frontline exposure. The trade-off is clear: you gain space, privacy and a calmer neighbourhood, but you lose the spontaneity of a beachfront location.

Features

What this home includes

  • Pool
  • Private garden
  • Parking
  • Sea view
  • Beachside
  • South facing

Property details

Specifications

Reference
HT4742533
Property type
Apartment
Developer
SP-2 SANTANGELO NORTE
Bedrooms
3
Bathrooms
2
Built area
164 m²
Terrace
106 m²
Plot size
66 m²
Price range
€524,000
Pool
Yes
Garden
Yes
Garage
Yes
Beach side
Yes
Sea view
Yes
South facing
Yes
City
Benalmádena
Coast
Costa del Sol

What's Nearby

Playa de Santa Ana
8 mindrive
Golf Benalmadena Pitch& Putt
7 mindrive
Puerto Deportivo de Fuengirola
15 mindrive
The British College
14 mindrive
Bifrostskolen - Colegio Danes
5 mindrive
Carrefour Market
14 minwalk
Mercadona
6 mindrive
Dia
6 mindrive
Supercor
11 mindrive
Hospital de Alta Resolución de Benalmádena
9 mindrive
Farmacia Carola
15 minwalk
Costasol Centro
10 mindrive
Arroyo de la Miel-Benalmádena Costa
7 mindrive
809 restaurants & bars
within 10 mindrive
Málaga Airport (AGP)
25 mindrive
Mountain side, north of the coastal road (A-7), hillside setting.

Location

Benalmádena

Location shown is the development site. This development is in BenalmádenaCosta del Sol.

Nexus Residences sits above the AP-7, towards the mountains, in a quieter part of Benalmadena away from the coast road. Playa de Santa Ana is about 3km away, a relaxed 8-minute drive down to the beach. Málaga Airport is 25 minutes away by car, making this practical for those who travel regularly. You have Golf Benalmadena Pitch & Putt nearby for a quick round, plus Carrefour Market is just a 4-minute drive for daily shopping. The British College and Hospital de Alta Resolución de Benalmádena are both close by. This location suits families and golfers who want access to amenities without living right on the coast.

18 questions answered

NEXUS RESIDENCES: Frequently Asked Questions

Playa de Santa Ana is three kilometres away, about eight minutes by car. The development sits inland of the AP-7 motorway on a hillside in Benalmadena, so the beach is not within walking distance. You need a car for daily trips to the coast.

Upper floors have sea views, though the inland hillside position means they are distant rather than immediate. All homes face south, which gives strong natural light through the middle of the day. Garden and pool views are also available across the development.

Each apartment has a large private terrace of 106 square metres. Some homes also come with private garden plots of 66 square metres. The development shares communal gardens and a pool, so you have both your own outdoor area and access to maintained green spaces.

The British College is 4.2 kilometres away, about 14 minutes by car. Hospital de Alta Resolución de Benalmádena is 1.9 kilometres, a nine-minute drive. A supermarket is 1.1 kilometres away, four minutes by car. The development also has dedicated children's play areas within the gated grounds.

Málaga Airport is eight kilometres away, about 25 minutes by car. The proximity suits buyers who travel regularly or let the property to holiday renters. The drive is straightforward, and the distance makes lock-up-and-leave ownership practical.

Buying off-plan in Benalmádena means reserving a property before or during construction. You pay a reservation deposit (typically €6,000 to €12,000), then sign a private purchase contract within 30 days and pay a further 10 to 20% of the purchase price. Staged payments follow the construction milestones. The final 60 to 70% is paid at notary completion when the keys are handed over.

Under Spanish law (Law 57/1968 and its 2015 successor), all off-plan deposits must be covered by a bank guarantee or insurance policy. Your lawyer must verify this before you pay any money. If the developer fails to deliver, you can claim 100% of your deposit plus 6% annual interest. Never transfer funds without a confirmed guarantee in your name.

Spanish law mandates three tiers: a 10-year structural guarantee (Seguro Decenal) for serious structural defects, a 3-year guarantee for habitability issues (waterproofing, insulation, installations), and a 1-year guarantee on finishes and fixtures. These run from the date the licence of first occupation (licencia de primera ocupación) is issued.

New-build purchases are subject to 10% IVA (VAT) on the purchase price, plus 1.2% AJD (stamp duty) in Andalucía. Parking spaces or storage sold separately may attract 21% IVA. Add notary, land registry and legal fees (1 to 2%), budget 12 to 15% on top of the purchase price in total acquisition costs.

Most developers allow personalisation during the early construction phase, choices of floor tiles, kitchen units, bathroom fixtures, paint colours and sometimes layout tweaks. The window for changes is typically 3 to 6 months after signing the contract. Structural changes are rarely possible once work has started. Your sales representative will provide a customisation deadline and specification sheet.

Typical build time in coastal Spain is 18 to 30 months from licence grant to completion. Delays of 3 to 6 months are common due to weather, supply-chain or permit issues. Your contract should specify a longstop completion date and the compensation you are owed for any overrun. Always check whether the building licence has already been granted before reserving.

Key due-diligence points: (1) confirm the building licence is granted, not just applied for; (2) verify all deposits are bank-guaranteed in your name; (3) check the developer's track record and financial standing; (4) review the specification sheet and what is included in the price; (5) confirm the estimated completion date and longstop clause; (6) have an independent Spanish lawyer review the contract before you sign anything.

Yes, both are required before the final notary signing. You can reserve with a passport, but your Spanish NIE (foreigner tax number) is needed for the private purchase contract and your Spanish bank account for the staged transfers. Your lawyer can obtain your NIE with a power of attorney in 2 to 4 weeks. Open the bank account on your first trip to Spain or remotely via certain Spanish banks.

Yes. Spanish banks lend to non-residents at typical LTVs of 60 to 70% of the lower of purchase price or valuation (vs 80% for residents). Rates are competitive with the rest of the eurozone. You will need 6 months of bank statements, tax returns and proof of income, pre-approval takes 2 to 4 weeks.

Recommended for serious buyers. A mortgage in principle confirms your budget, signals credibility to sellers and shortens completion. We can introduce you to specialist non-resident mortgage brokers familiar with the local market.

Resale property in Andalucía: ITP (transfer tax) at 7%. New-build: 10% IVA + 1.2% AJD (stamp duty). Plus notary, land registry and legal fees of roughly 1 to 2%. Budget 10 to 13% on top of the asking price for total acquisition costs.

Annual IBI (council tax) is typically 0.4 to 1.1% of cadastral value. Community fees on apartments and gated villas range €100 to €600/month depending on amenities. Non-resident owners pay an annual income tax based on cadastral value, plus utilities and home insurance.

In Spain the seller pays the agent commission (typically 3 to 6% + VAT), already baked into the asking price. Buyers do not pay agent fees on resale or new-build.

Market context

How it sits in the market

Live €/m² comparisons from current inventory of similar apartments in the same city.

This Apartment

€3,195 / m²

€3,195 × 164 m² = €524,000 asking · entry unit

Comparable averages

  • Apartments & penthouses in Benalmádena

    7 active listings

    €6,491 / m²51% below market

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