New-Build 3-Bed Villa with Pool, Balcón de Finestrat
Balcon De Finestrat, Finestrat · Alicante
3 Bed2 Bath128 m²457 m² plotEnergy: G
Description
One of only 5 properties in this new-build development, this detached villa sits on a 457 m2 plot in Balcón de Finestrat and delivers 128 m2 of built space across a ground-floor layout. The villa includes 3 bedrooms, 2 bathrooms, built-in wardrobes, and electric shutters throughout. A private pool and solarium are included, along with a private garden. Pre-installation for air conditioning is fitted, and kitchen appliances are provided as standard.Balcón de Finestrat is a residential area positioned in the hills above Benidorm, roughly 1 km from Golf Bahía and approximately 4 km from Cala Finestrat, a small cove popular with local residents. The Terra Mítica theme park is around 5 minutes by car. Alicante-Elche Airport (ALC) is 35 minutes away. The nearest supermarkets and everyday amenities are available in Finestrat village and along the N-332 coastal road.At EUR 735,950, the price per m2 of built space is EUR 5,749. As a new build in the Province of Alicante, VAT (IVA) applies at 10%, adding EUR 73,595 to the purchase price. Notary fees are estimated at EUR 600 to EUR 1,200, land registry fees at EUR 400 to EUR 800, and legal fees at approximately 1% plus VAT. There are no community fees. IBI has not yet been assessed for this new-build property. The energy rating is G.The outdoor areas include a private garden suitable for landscaping to personal preference, a covered terrace, and a rooftop solarium with sea views. The private pool sits within the 457 m2 plot, offering a dedicated leisure area separate from the main living space.
Features
- Private pool
- Private garden
- Solarium
- Built-in wardrobes
- Electric shutters
- Kitchen appliances included
- Air conditioning pre-installation
- Ground floor
- 457 m2 plot
- New build
- Sea views
- Detached villa
- No community fees
Property Details
| Property Type | Villa |
| Bedrooms | 3 |
| Bathrooms | 2 |
| Built Area | 128 m² |
| Plot Size | 457 m² |
| Floor | 0 |
| Energy Certificate | G |
| Reference | 12397856-01 |
Distances & Nearby
- airport
- 35 min (Alicante-Elche ALC)
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Location
Balcon De Finestrat, Finestrat · 38.5480, -0.1993
About Balcon De Finestrat, 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 this is a new build in the Province of Alicante, VAT (IVA) applies at 10% of the purchase price, which is EUR 73,595 on a price of EUR 735,950. Additional costs include notary fees (EUR 600–1,200), land registry fees (EUR 400–800), and legal fees of approximately 1% plus VAT (around EUR 8,831 before VAT). Total purchase costs are typically 12–13% above the asking price.
Can I get a mortgage as a non-resident?
Non-resident buyers can typically borrow up to 60–70% of the purchase price from Spanish lenders, meaning a deposit of 30–40% is required. On EUR 735,950 that means a deposit of approximately EUR 220,785 to EUR 294,380. Current variable and fixed mortgage rates from Spanish banks range from roughly 3.5% to 4.5% annually. Your OceanHome agent can refer you to independent mortgage brokers who specialise in non-resident finance.
What are the ongoing running costs?
There are no community fees for this property. IBI (annual council tax) has not yet been assessed as this is a new-build villa; once the property is registered with the catastro, IBI will be calculated by Finestrat town hall based on the assessed rateable value. Utility costs (electricity, water) will depend on personal usage.
Can I arrange a viewing remotely?
Yes. OceanHome offers video viewings via WhatsApp or video call for buyers who cannot travel to the Costa Blanca immediately. We can walk through the development, surrounding area, and any show home or comparable completed unit. In-person viewings can be arranged 7 days a week with advance notice.
Is this property suitable as a holiday rental?
Balcón de Finestrat falls within the Benidorm tourist area, and villas in this zone can attract short-term holiday let demand, particularly from visitors to nearby beaches and theme parks. A tourist rental licence from the Generalitat Valenciana is required before legally letting the property. Your legal adviser can confirm the current licensing requirements and applicable regulations for new-build properties in this municipality.
What does the purchase process involve?
First, you will need a Spanish NIE (tax identification number), which your solicitor can obtain on your behalf. Once you have agreed on the price, a reservation contract is signed and a holding deposit (typically EUR 6,000–10,000) is paid to take the property off the market. This is followed by a private purchase contract (arras), at which point around 10% of the price is paid. The balance is settled at the notary on completion, where title deeds are signed and ownership is transferred.
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
- villa
- Bedrooms
- 3
- Bathrooms
- 2
- Build Size
- 128 m²
- Plot Size
- 457 m²
- Energy Rating
- G
