New-Build 3-Bed Villa with Pool, Balcón de Finestrat
Balcon De Finestrat, Finestrat · Alicante
3 Bed2 Bath114 m²521 m² plotEnergy: G
Description
One of only 5 detached new-build villas in this small development in Balcón de Finestrat, this 3-bedroom, 2-bathroom property sits on a 521 m2 plot with 114 m2 of built space. Each villa includes a private pool, a solarium and a private garden. A golf course lies approximately 1 km from the development, and Alicante-Elche Airport is around 35 minutes by road.Balcón de Finestrat is a hillside residential area above the town of Finestrat, within easy reach of Cala Finestrat beach and the commercial strip along the N-332. The Terra Mitica theme park is a short drive away, and the centres of Benidorm and Villajoyosa are both accessible within roughly 10 to 15 minutes by car. Local amenities in Balcón de Finestrat include small supermarkets and restaurants serving traditional Valencian dishes.Priced at EUR 690,950, the price per m2 of built space is approximately EUR 6,061. There are no community fees. IBI has not yet been assessed for this new-build. The energy rating is G. As a new-build in the province of Alicante, the applicable purchase tax is IVA at 10%, plus notary fees of approximately EUR 600 to 1,200, land registry fees of EUR 400 to 800 and legal fees of around 1% plus VAT. Balcón de Finestrat sits within a recognised tourist area of the Costa Blanca, which may support short-term rental demand.The 521 m2 plot accommodates a private garden with space for landscaping. The private pool is included as standard across all 5 villas in the development. The solarium provides an additional outdoor terrace at roof level. Interior specification includes electric shutters, integrated appliances, built-in wardrobes and pre-installation for air conditioning.
Features
- New build
- Private pool
- Solarium
- Private garden
- Built-in wardrobes
- Electric shutters
- Integrated appliances
- Air conditioning pre-installation
- 3 bedrooms
- 2 bathrooms
- 521 m2 plot
- Detached villa
- No community fees
Property Details
| Property Type | Villa |
| Bedrooms | 3 |
| Bathrooms | 2 |
| Built Area | 114 m² |
| Plot Size | 521 m² |
| Floor | 0 |
| Energy Certificate | G |
| Reference | 12397856-02 |
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 EUR 690,950 asking price?
As this is a new-build property in the province of Alicante, you will pay IVA (VAT) at 10% rather than ITP transfer tax. On EUR 690,950 that amounts to EUR 69,095. Additional costs include notary fees of approximately EUR 600 to 1,200, land registry fees of EUR 400 to 800 and legal fees of around 1% of the purchase price plus VAT, which on this property would be roughly EUR 6,910 before VAT. Total purchase costs on top of the asking price are typically 12 to 14%.
Can non-residents obtain a mortgage to buy this villa?
Yes. Non-resident buyers can typically borrow up to 60 to 70% of the purchase price, meaning a deposit of 30 to 40% is generally required. On EUR 690,950 a 30% deposit would be approximately EUR 207,285. Current variable and fixed mortgage rates from Spanish lenders sit broadly in the 3.5 to 4.5% range, though you should obtain independent financial advice for an accurate assessment of your situation.
What are the ongoing running costs for this property?
Community fees are EUR 0 per month. IBI (annual council tax) has not yet been assessed as the property is a new build; your legal adviser can provide an estimate once the catastral reference is assigned. Basura (refuse collection) charges have not been confirmed and should be verified with the local municipality. These figures will be clarified as the build progresses.
How can I arrange a viewing?
You can book an in-person viewing through OceanHome at a time that suits you. If you are not currently in Spain, we also offer video viewings via WhatsApp or video call, allowing you to tour the show home or CGI walk-throughs with one of our agents in real time. Contact us to arrange either option.
What is the rental potential of this villa?
Balcón de Finestrat sits within the broader Benidorm tourist area on the Costa Blanca, which sees strong holiday rental demand throughout the year. Villas with private pools in this zone are consistently popular on short-term rental platforms. To operate a holiday let legally in the Valencian Community you will need a tourist licence (VT licence); your legal adviser can guide you through the application process. We do not quote yield percentages as these depend on occupancy rates and management costs specific to each property.
What does the purchase process involve?
First, you will need a Spanish NIE (tax identification number), which can be obtained at a Spanish consulate abroad or at a police station in Spain. Once you have identified the property, a reservation fee is paid to take it off the market. This is followed by a private purchase contract (arras or contrato de compraventa), at which point typically 10% of the purchase price is paid. The remaining balance is paid at the notary on the completion date, when ownership is formally transferred and the title deed (escritura) is signed. Your solicitor will then register the deed at the Land Registry on your behalf.
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
- 114 m²
- Plot Size
- 521 m²
- Energy Rating
- G
