5-Bedroom New-Build Villa in Balcón de Finestrat, Finestrat
Balcon De Finestrat, Finestrat · Alicante
5 Bed4 Bath291 m²347 m² plotEnergy: G
Description
Five bedrooms and four bathrooms are spread across 291 m² of new-build living space on a private 347 m² plot in Balcón de Finestrat. The villa is arranged over ground floor with a solarium terrace above, adding a further outdoor level to the layout. Air conditioning is fitted throughout, and private parking is provided within the plot boundary. The energy rating is G, which is standard for new builds of this specification in the region.Balcón de Finestrat sits on the hillside above Benidorm, giving the neighbourhood a high position with clear views toward the coast. The Cami de les Jovades connects the area to the lower town of Finestrat, where a weekly market and local shops are within a short drive. Balcón de Finestrat is a residential urbanisation with paved roads and street lighting throughout. Alicante-Elche Airport is approximately 35 minutes by car.Community fees are nil for this villa. IBI figures are not yet available as the catastral value has not been assigned for this new build. 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. Reduced rates and local allowances may apply if you meet the region's conditions, for example age, large-family or disability status, or buying a primary residence, and this is worth confirming before you finalise your budget.The 347 m² plot provides private outdoor space around the villa, with a covered terrace at ground level and the solarium accessible from the upper floor. The plot is fully enclosed and landscaped. Private off-street parking sits within the plot boundary.
Features
- New build
- 5 bedrooms
- 4 bathrooms
- 291 m² build size
- 347 m² private plot
- Solarium
- Air conditioning
- Private parking
- Covered terrace
- Energy rating G
Property Details
| Property Type | Villa |
| Bedrooms | 5 |
| Bathrooms | 4 |
| Built Area | 291 m² |
| Plot Size | 347 m² |
| Floor | 0 |
| Energy Certificate | G |
| Reference | 57973687-02 |
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 purchase costs should I budget for beyond 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%, set by the Valencian Community as the autonomous region. ITP does not apply to new builds. On top of tax, allow roughly EUR 600–1,200 for notary fees, EUR 400–800 for land registry registration, and approximately 1% of the purchase price plus VAT for legal fees. Reduced rates and local allowances may apply if you meet the region's conditions — for example age, large-family or disability status, or buying a primary residence — so it is worth checking eligibility before you finalise your budget.
Can I get a mortgage as a non-resident buyer?
Non-resident buyers in Spain typically need a deposit of 30–40% of the purchase price, as Spanish banks generally lend up to 60–70% of the property valuation for non-residents. Current variable and fixed mortgage rates in Spain range from approximately 3.5% to 4.5%, though the rate offered will depend on your financial profile and the lender. We can refer you to a mortgage broker who works with international buyers in the Alicante area.
What are the ongoing running costs for this villa?
Community fees for this villa are nil. IBI (annual council tax) has not yet been assigned, as the catastral value is set after completion of a new build. Basura (refuse collection) charges have not yet been confirmed. We will provide updated figures as soon as they are available from the local authority.
Can I view this property remotely before travelling to Spain?
Yes. We offer video viewings for buyers who cannot travel immediately. Our agents can conduct a live walkthrough via video call at a time that suits you, covering all rooms, the plot and the solarium. In-person viewings in Balcón de Finestrat can be arranged with advance notice.
Is this villa suitable for short-term rental?
Finestrat and the wider Benidorm coastal area attract consistent tourist demand throughout the year, and villas of this size with private outdoor space are commonly let on a short-term basis. A tourist rental licence (VUT) is required in the Valencian Community. Rental income potential will vary by season and occupancy rate. We recommend speaking to a local property manager for realistic occupancy figures before making assumptions.
What does the purchase process involve as a foreign buyer?
The first practical step is obtaining a Spanish tax identification number (NIE), which is required to sign any property contracts. Once you have agreed the purchase, a reservation agreement is signed along with a holding deposit to take the property off the market. This is followed by a private purchase contract (arras), where a further deposit of around 10% of the purchase price is typically paid. Completion takes place before a notary, at which point the remaining balance is transferred and keys are handed over. Independent legal advice from a Spanish solicitor is strongly recommended throughout.
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
- 5
- Bathrooms
- 4
- Build Size
- 291 m²
- Plot Size
- 347 m²
- Energy Rating
- G
