New-Build 3-Bedroom Bungalow in Balcón de Finestrat, Finestrat
Balcon De Finestrat Terra Marina, Finestrat · Alicante
3 Bed2 Bath210 m²Energy: G
Description
This new-build ground-floor bungalow in Balcón de Finestrat-Terra Marina offers 210m2 of living space across 3 bedrooms and 2 bathrooms, with sea views from the property. The development sits approximately 4km from the coast, with Alicante-Elche Airport reachable in around 35 minutes by car. Interiors include porcelain tile flooring, electric blinds, a video intercom, and a kitchen fitted with appliances. Built-in wardrobes feature in all bedrooms, and air conditioning pre-installation is included throughout.Balcón de Finestrat-Terra Marina occupies a hillside position between the town of Finestrat and the coastal strip around Benidorm. The area gives direct access to the N-332 and the AP-7 motorway, placing Benidorm's shops and restaurants within a short drive. Cala Finestrat, a small shingle cove, is among the nearest beaches to the neighbourhood. The Terra Mitica theme park is also close by, making Balcón de Finestrat-Terra Marina a practical base for families.The residential complex includes a communal pool, community gardens, a gym, and a children's play area. Community fees are currently set at no charge. The energy rating is G. As a new-build property in Balcón de Finestrat, the complex benefits from standard new-build warranties under Spanish law.Each unit has a private terrace and the option to add a private pool, subject to developer terms. The ground-floor position means direct access to the outdoor areas without the need for stairs or a lift.
Features
- Communal pool
- Community gardens
- Communal gym
- Children's play area
- Private terrace
- Built-in wardrobes
- Air conditioning pre-installation
- Fitted kitchen with appliances
- Porcelain tile flooring
- Electric blinds
- Video intercom
- Ground-floor position
- Sea views
- Option to add private pool
Property Details
| Property Type | Bungalow |
| Bedrooms | 3 |
| Bathrooms | 2 |
| Built Area | 210 m² |
| Floor | 0 |
| Energy Certificate | G |
| Reference | 97065912-01 |
Distances & Nearby
- airport
- 35 min (Alicante-Elche ALC)
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Location
Balcon De Finestrat Terra Marina, Finestrat · 38.5495, -0.1939
About Balcon De Finestrat Terra Marina, Finestrat
Finestrat is one of the most popular destinations on Spain's Costa Blanca.
Frequently Asked Questions
What are the purchase costs on top of the asking price?
As a new build in the Valencian Community, this purchase carries IVA (VAT) at 10% of the purchase price plus AJD stamp duty at 1.4%. ITP does not apply. Additional costs include notary fees (typically EUR 600–1,200), land registry fees (typically EUR 400–800), and legal fees of around 1% of the purchase price plus VAT. Reduced rates and local allowances may apply if you meet this region's conditions — for example age, large-family or disability status, or buying a primary residence — and are worth checking before you budget.
Can I get a mortgage as a non-resident buyer?
Spanish banks typically lend non-residents up to 60–70% of the purchase price or valuation, whichever is lower, meaning a deposit of 30–40% is usually required. Current variable and fixed mortgage rates for non-residents generally range from 3.5% to 4.5%, though this varies by lender and applicant profile. We can refer you to an independent mortgage broker with experience in the Costa Blanca market.
What are the ongoing running costs?
Community fees for this property are currently listed at no charge. Annual IBI (council tax) has not yet been confirmed for this new-build and will be set by the local authority once the property is registered; please ask the agent for the latest information. Basura (waste collection) charges are also to be confirmed. Utility costs will depend on usage.
Can I view the property remotely?
Yes. We offer video viewings for buyers who cannot travel to Finestrat straight away. A member of our team will walk through the property and the communal areas with you live via video call, at a time that suits you. In-person viewings can be arranged with advance notice.
Is this property suitable for holiday rental?
Balcón de Finestrat-Terra Marina sits close to Benidorm, one of the Costa Blanca's busiest tourist destinations, which generates consistent short-stay demand throughout the year. A tourist rental licence is required in the Valencian Community to let legally on a short-term basis, and the development's community rules should be checked for any restrictions on holiday letting before you commit.
What does the purchase process involve?
You will first need a Spanish NIE (foreigner identification number), which can be obtained in Spain or through a Spanish consulate in your home country. 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 or contrato de compraventa), at which point a further deposit is typically paid. The transaction completes before a notary, who registers the deed with the land registry. We recommend appointing an independent solicitor to act on your behalf throughout.

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Co-founder of OceanHome. Helping international buyers find their dream property in Spain since 2004.
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Key Details
- Type
- bungalow
- Bedrooms
- 3
- Bathrooms
- 2
- Build Size
- 210 m²
- Energy Rating
- G


