New-Build Ground-Floor 4-Bedroom Apartment, Santangelo Sur
Santangelo Sur, Benalmádena · Malaga
4 Bed2 Bath121 m²Built 2024Energy: B
Description
Completed in 2024, this ground-floor apartment in Santangelo Sur offers 121m2 of built space across 4 bedrooms and 2 bathrooms. The 55m2 private terrace accounts for nearly one third of the total usable area, making outdoor living a central part of the layout. The property includes 2 private parking spaces and a storage room within the gated urbanisation. The energy rating is B, which is among the more efficient classifications for new residential developments in the province.Santangelo Sur sits in the southern reaches of Benalmádena, a municipality that runs from the A-7 coastal motorway down to the Costa del Sol shoreline. The area connects quickly to Avenida del Cosmos and the commercial zone around Benalmádena Costa, where supermarkets, restaurants and the marina are all reachable within a short drive. Málaga Airport is approximately 20 minutes away by car, making Santangelo Sur a practical base for owners who travel frequently or let the property.At EUR 514,000 for 121m2, the price per m2 works out at approximately EUR 4,248. As a new build in Andalusia, the purchase is subject to IVA at 10% rather than transfer tax, adding EUR 51,400. Additional costs include notary fees of approximately EUR 600 to EUR 1,200, land registry fees of EUR 400 to EUR 800, and legal fees of around 1% plus VAT. Community fees are currently set at EUR 0 per month, and IBI has not yet been assessed for this newly completed property. Benalmádena's coastal location and the 20-minute airport connection give this apartment credible short-term rental potential.
Features
- Built-in wardrobes
- Communal pool
- Private terrace
- Storage room
- Gated urbanisation
- Lift
- Parking (2 spaces)
- Ground-floor apartment
- Air conditioning
- Energy rating B
- New build (2024)
Property Details
| Property Type | Apartment |
| Bedrooms | 4 |
| Bathrooms | 2 |
| Built Area | 121 m² |
| Terrace | 55 m² |
| Floor | 0 / 1 |
| Year Built | 2024 |
| Energy Certificate | B |
| Reference | OH01005 |
Distances & Nearby
- airport
- 20 min (Málaga AGP)
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Location
Santangelo Sur, Benalmádena · 36.6130, -4.5433
About Santangelo Sur, Benalmádena
Benalmádena is one of the most popular destinations on Spain's Costa Blanca.
Frequently Asked Questions
What are the estimated purchase costs on top of the asking price?
As a new-build property in Andalusia, IVA applies at 10% instead of transfer tax (ITP). On a purchase price of EUR 514,000 that adds EUR 51,400. You should also budget for notary fees of approximately EUR 600 to EUR 1,200, land registry fees of EUR 400 to EUR 800, and legal representation at roughly 1% of the purchase price plus VAT, which equates to around EUR 5,140 before VAT.
Can non-residents get a mortgage to purchase this apartment?
Yes. Spanish banks typically lend non-residents up to 60-70% of the purchase price or valuation, whichever is lower, so you should expect to provide a deposit of 30-40%. On EUR 514,000 that means having at least EUR 154,200 to EUR 205,600 available. Current variable and fixed mortgage rates from Spanish lenders are broadly in the 3.5-4.5% range, though your individual rate will depend on your financial profile and the lender.
What are the ongoing running costs for this property?
Community fees are currently EUR 0 per month, as advised by the developer for this newly completed urbanisation. IBI (annual council tax) has not yet been assessed for this property; a figure will be set by Benalmádena town hall after the catastral reference is registered. Utility costs for a 121m2 apartment will vary with usage, but the B energy rating indicates good thermal efficiency.
Can I arrange a viewing, and is a remote option available?
In-person viewings can be arranged through OceanHome at a time that suits you. If you are based outside Spain, we can also arrange a live video viewing so you can see the apartment and the communal areas before committing to travel.
What is the rental potential for this apartment?
Benalmádena is a licensed tourist area and this apartment's ground-floor terrace of 55m2, 4 bedrooms and 2 parking spaces make it well suited for holiday lettings. The 20-minute drive to Málaga Airport is a practical selling point for short-term tenants. We recommend speaking to a local letting agent for realistic occupancy and income projections specific to Santangelo Sur.
How does the purchase process work in Spain?
You will first need an NIE (Número de Identificación de Extranjero), which is your Spanish tax identification number. Once you agree a price, a reservation fee is paid to take the property off the market. This is followed by a private purchase contract (arras), typically with a 10% deposit paid at that stage. The sale is then completed before a Spanish notary, at which point the remaining funds and taxes are paid and title transfers to you.
Maya Kallio💚
The Heart of Our Operations
Co-founder of OceanHome. Helping international buyers find their dream property in Spain since 2004.
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Key Details
- Type
- apartment
- Bedrooms
- 4
- Bathrooms
- 2
- Build Size
- 121 m²
- Energy Rating
- B
