New-Build 3-Bed Villa in Balcón de Finestrat, Finestrat
Balcon De Finestrat, Finestrat · Alicante
3 Bed2 Bath213 m²367 m² plotEnergy: G
Description
A 213 m2 new-build villa on a 367 m2 plot in Balcón de Finestrat, offering 3 bedrooms, 2 bathrooms and a private solarium. The build footprint provides generous internal proportions across the ground floor, with the solarium adding usable outdoor space at roof level. The plot of 367 m2 allows for a garden and private outdoor areas alongside the main structure.Balcón de Finestrat sits in the hills above Benidorm, roughly 35 minutes by road from Alicante-Elche Airport (ALC). The neighbourhood is positioned above the N-332 coastal corridor, giving access to the beaches of the Marina Baixa coastline and the commercial areas along the Avenida de la Marina Baixa in Finestrat village. The Finestrat market runs weekly and is within a short drive of the development.At EUR 610,000, the price per m2 of built space works out at approximately EUR 2,864. As a new-build, VAT (IVA) applies at 10 per cent rather than transfer tax, adding EUR 61,000 to the purchase cost. Notary fees typically range from EUR 600 to EUR 1,200 and land registry from EUR 400 to EUR 800, with legal fees around 1 per cent of the price plus VAT. Community fees are currently EUR 0 per year. IBI has not yet been assessed for this new-build. The energy rating is G.The 367 m2 plot provides space for a garden and private outdoor terrace at ground level. The solarium, accessed from the upper floor, offers an outdoor area at roof level with views across the surrounding hillside. External finishes and landscaping details are available from the agent on request.
Features
- New build
- Solarium
- Private garden
- 3 bedrooms
- 2 bathrooms
- 213 m2 built area
- 367 m2 plot
- Air conditioning
- Private parking
Property Details
| Property Type | Villa |
| Bedrooms | 3 |
| Bathrooms | 2 |
| Built Area | 213 m² |
| Plot Size | 367 m² |
| Floor | 0 |
| Energy Certificate | G |
| Reference | 57973687-01 |
Distances & Nearby
- airport
- 35 min (Alicante-Elche ALC)
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Location
Balcon De Finestrat, Finestrat · 38.5494, -0.2057
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 610,000 asking price?
As a new-build, you pay IVA at 10%, which amounts to EUR 61,000. Additional costs include notary fees (EUR 600–1,200), land registry fees (EUR 400–800), and legal fees of approximately 1% of the purchase price plus VAT, which works out at around EUR 7,381 including VAT at 21%. Total additional costs are typically in the region of EUR 70,000–72,000.
Can I get a mortgage as a non-resident buyer?
Yes. Most Spanish banks lend to non-residents on properties priced at EUR 610,000, though a deposit of 30–40% is usually required, meaning you would need EUR 183,000–244,000 upfront. Current variable and fixed rates from Spanish lenders are broadly in the 3.5–4.5% range, though terms vary by lender and applicant profile.
What are the ongoing running costs for this villa?
Community fees for this property are EUR 0 per year. The IBI (annual property tax) has not yet been assessed as this is a new-build; once the catastral reference is registered, IBI will be calculated by Finestrat Town Hall based on the rateable value. Basura (refuse collection) charges have not yet been confirmed.
How do I arrange a viewing?
You can book an in-person viewing through OceanHome at a time that suits you. If you are based outside Spain, we also offer video viewings via WhatsApp or video call so you can walk through the property remotely before committing to travel.
Does this villa have rental potential?
Balcón de Finestrat is within the tourist zone of the Costa Blanca, close to Benidorm, which has strong short-term rental demand from spring through autumn. A tourist licence (licencia turística) would be required from the Generalitat Valenciana before renting short-term. Your legal adviser can confirm whether the plot classification permits tourist use.
What is the purchase process for a new-build in Spain?
You will first need a Spanish NIE (foreigner identification number), which OceanHome can help you obtain. Once agreed, a reservation fee is paid to take the property off the market, followed by a private purchase contract with staged payments during construction. On completion, the full balance is paid at the notary and the deed (escritura) is signed. Your solicitor will then register the property in your name at the Land Registry.
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
- 213 m²
- Plot Size
- 367 m²
- Energy Rating
- G
