Nexus Residences, Santangelo Sur: key-ready living with sea views in Benalmádena
Sea-view apartments in a gated complex above Arroyo de la Miel. The home in our selection is key-ready: 3 bedrooms, a 52 m² terrace and €524,000.
Last updated: 20 October 2026
About Nexus Residences
With most new builds on the Costa del Sol you buy off-plan and wait one to two years. Nexus Residences in Santangelo Sur is different: completion was scheduled for December 2025 and the home in our selection is key-ready. It is a ground-floor apartment with 3 bedrooms, 2 bathrooms and sea views, priced at €524,000. So you can see exactly what you are buying instead of relying on plans and renders.
The figures for this apartment do deserve a second look. Our data shows 164 m² of built area but only 88 m² of usable area. That gap is unusually large. The terrace measures 52 m² and there is an outdoor area of 66 m² as well. Part of that outdoor space and the communal areas are probably included in the built area. That is why we always ask for the plan with exact measurements, so you know how much indoor living space you really get.
The complex itself is gated, with a communal pool and garden. Lifts with double automatic doors run down to the basement, where your parking space and storage room are located; both are included in the price. According to other sources, the development has 35 apartments and penthouses with 2 to 4 bedrooms, and the homes face south. The energy rating is B.
Amenities
- Key-ready
- Sea views
- Communal pool
- Communal garden
- Gated complex
- Lift down to the basement
- Parking space included
- Storage room included
- Energy rating B
Nexus Residences in figures
At €3,195 per m², this is the cheapest new development per m² in Benalmádena in our comparison. The median for new builds in the municipality is €4,907 (8 projects), so 35% higher. Resale homes in Benalmádena also cost more: €4,188 per m² according to idealista, September 2026, or 24% above this development. Bear in mind, though, that this price per m² is based on 164 m² built. Measured against the 88 m² of usable area, the figure is considerably higher. All in, a buyer pays around €592,088: €52,400 VAT, €6,288 stamp duty, €3,100 notary and €6,300 lawyer, together 13% on top of the price. Outdoor space is a strong point: relative to the living area, the apartment has more outdoor space than 88% of the developments in our comparison.
| Price | € 524.000 |
| VAT (IVA) 10% | € 52.400 |
| Stamp duty (AJD) 1.2% | € 6.288 |
| Notary and land registry (estimate) | € 3.100 |
| Lawyer 1% + VAT (estimate) | € 6.300 |
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 88% of new developments in Benalmádena. Largest outdoor space: 52 m².
Calculated by Imagine Marbella on 20 October 2026 from the current supply of 8 new developments in Benalmádena and the average asking price of resale homes in Benalmádena according to Idealista, September 2026. Costs are an estimate; we will prepare an exact calculation for you.
Location
Santangelo Sur sits in the hills above Arroyo de la Miel, the busiest and liveliest part of Benalmádena. The development lies at around 264 metres above sea level, which explains the sea views but also means you will not be walking to the beach. Benalmádena itself has three centres: the white village of Benalmádena Pueblo, Arroyo de la Miel with its shops and railway station, and Benalmádena Costa by the sea. The municipality lies between Torremolinos and Fuengirola and is linked to the rest of the coast by train and bus.
Day to day, you will rely on a car. Carrefour Market is a 5-minute drive or a 26-minute walk away. Bil Bil beach is 10 minutes by car and Benalmádena marina 11. Benalmádena hospital and the bilingual private school Novaschool are each 8 minutes away. Málaga airport is 19 minutes away, Málaga city centre 22 and Fuengirola 14.
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 Nexus Residences along real roads and footpaths, not as the crow flies.
| Destination | On foot | By car |
|---|---|---|
| Nearest beach (Playa de Bil Bil) | 3.7 km, 50 min | 4.8 km, 10 min |
| Supermarket (Carrefour Market) | 2.0 km, 26 min | 2.0 km, 5 min |
| Golf course (Golf Benalmadena Pitch& Putt) | 3.3 km, 44 min | 3.3 km, 7 min |
| School (Colegio Privado Bilingüe Novaschool Benalmádena) | 3.9 km, 52 min | 3.9 km, 8 min |
| Hospital (Hospital de Alta Resolución de Benalmádena) | 3.5 km, 46 min | 3.5 km, 8 min |
| Fuengirola town centre | 15.1 km, 14 min | |
| Benalmádena marina | 3.9 km, 52 min | 5.2 km, 11 min |
| Málaga city centre | 21.8 km, 22 min | |
| Málaga airport | 15.1 km, 19 min | |
| Gibraltar airport | 113.1 km, 87 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 6:59 on 21 June and sets at 21:40, giving 14.7 hours of daylight. On 21 December you still have 9.7 hours, with the midday sun at 30° above the horizon. Nexus Residences sits at around 264 metres above sea level.
The apartment has confirmed sea views, and according to another source the complex faces south. As this is a ground-floor home, we check on site how open the view is and whether any buildings stand in front of it.
Homes and finishes
The kitchen comes fully fitted, with a stainless steel sink, induction hob, extractor hood, electric oven, fridge, dishwasher and washing machine. The living room and kitchen form one open-plan space that opens onto the terrace. As the home is already finished, you can judge the quality on site. With a key-ready home we always inspect the finish, check that the first occupancy licence is in place and ask for the community of owners fees.
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 Nexus Residences through Privé.
Available homes in Nexus Residences
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 |
|---|---|---|---|---|---|---|
| Ground floor apartment | 3 | 2 | 164 m² | 52 m² | – | € 524.000 |
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Our honest verdict on Nexus Residences
Strengths
- Cheapest new build per m² in Benalmádena according to our comparison of 8 developments.
- Key-ready: you see the actual home and avoid a construction period with stage payments.
- 52 m² terrace plus an outdoor area, well above average in our comparison.
- Sea views confirmed for the home in our selection.
- Fully equipped kitchen, parking space and storage room included in the price.
- Málaga airport a 19-minute drive away, handy for short stays.
Points to consider
- Big gap between 164 m² built and 88 m² usable: ask for the exact plans.
- The beach is a 10-minute drive away; walking to the sea is not an option.
- Elevated position at around 264 metres, so shops and restaurants mean a drive.
- There is only one home in our selection, so the choice is very limited.
- Ground floor: check the privacy and how open the sea view really is.
Who is Nexus Residences right for?
Nexus Residences suits buyers who want to enjoy their home quickly and have no appetite for a two-year build. It is also a logical choice for anyone picking Benalmádena to spend the winter, with the airport close by and a single-level home with no stairs. It is less suitable for those who want to walk to the beach every day, want to live without a car or are looking for plenty of indoor space.
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.
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Frequently asked questions about Nexus Residences
Has Nexus Residences been completed?
Completion was scheduled for December 2025 and the home in our selection is listed as key-ready, so you can view it. Before purchase, we check whether the first occupancy licence is available.
How far is Málaga airport from Nexus Residences?
By our measurement, Málaga airport is a 19-minute drive. That makes Benalmádena attractive if you often travel back and forth between home and Spain.
How much does an apartment at Nexus Residences cost in total?
For the €524,000 apartment you pay around €592,088 all in. That includes €52,400 VAT, €6,288 stamp duty, €3,100 notary and €6,300 lawyer.
Is Benalmádena a good place to spend the winter?
Benalmádena is popular with international buyers for spending the winter. In December you get around 9.7 hours of daylight here. With the train, buses and the airport close by, the municipality is easy to reach.
Do I pay more if I buy Nexus Residences 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 Nexus Residences, 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.
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