Ground-Floor 1-Bed Apartment, Finestrat Hills, Finestrat
Centro, Finestrat · Alicante
1 Bed1 Bath64 m²Energy: G
Description
This new-build ground-floor apartment in Finestrat Hills is one of just 14 homes in a two-storey residential complex, offering 64m² of internal living space. The property includes one bedroom with built-in wardrobes, one bathroom, an integrated kitchen, and porcelain tile flooring throughout. Air conditioning is fitted as standard, and a video intercom serves the building entrance. Upper-level units in the same development carry sea views, and the complex is served by a lift despite its two-storey height.Finestrat Hills sits in the municipality of Finestrat, in Alicante province, approximately 5km from the coastline. The nearby Cala Finestrat cove offers sheltered swimming, and the Terra Mitica theme park is within a short drive. Benidorm's commercial centre, with its supermarkets, restaurants, and transport links, is accessible within around 10 minutes by car. Alicante-Elche Airport (ALC) is approximately 35 minutes away by road.Community fees are currently set at zero for this development. IBI and basura figures are not yet confirmed for this new build and should be verified with the agent before exchange. The property carries an energy rating of G. 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 this region's conditions, for example age, large-family or disability status, or buying a primary residence, and this is worth checking before you budget.
Features
- Communal pool
- Communal gardens
- Lift
- Air conditioning
- Built-in wardrobes
- Integrated kitchen appliances
- Porcelain tile flooring
- Video intercom
- Ground-floor unit
- New build
Property Details
| Property Type | Apartment |
| Bedrooms | 1 |
| Bathrooms | 1 |
| Built Area | 64 m² |
| Floor | 0 / 2 |
| Energy Certificate | G |
| Reference | 96121738-04 |
Distances & Nearby
- airport
- 35 min (Alicante-Elche ALC)
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Location
Centro, Finestrat · 38.5482, -0.1770
About Centro, Finestrat
Finestrat is one of the most popular destinations on Spain's Costa Blanca.
Frequently Asked Questions
What purchase taxes and costs should I budget for?
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% of the purchase price. ITP does not apply. 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 — so it is worth checking before you finalise your budget. Additional costs typically include notary fees (EUR 600–1,200), land registry fees (EUR 400–800), and legal fees of around 1% of the purchase price plus VAT.
Can I get a mortgage as a non-resident buyer?
Spanish banks typically lend non-resident buyers up to 60–70% of the purchase price or valuation (whichever is lower), meaning a deposit of 30–40% is generally required. Current variable and fixed mortgage rates in Spain range from approximately 3.5% to 4.5%, though individual offers vary by lender and applicant profile. We recommend obtaining a mortgage agreement in principle before making an offer.
What are the ongoing running costs for this apartment?
Community fees are currently set at zero for this development, though this should be confirmed once the owners' community is formally constituted. Annual IBI (council tax) and basura (refuse collection) charges have not yet been assessed for this new build; the agent can provide estimates once figures are available from the local authority.
Can I view the property remotely?
Yes. In addition to in-person viewings, we offer video viewings via WhatsApp, FaceTime, or a recorded walkthrough sent to you directly. Contact the agent to arrange a time that suits you, whether you are based in the UK or elsewhere.
Is this apartment suitable as a rental investment?
Finestrat Hills is within the Costa Blanca tourist belt, with Benidorm and the coast nearby, which supports short-term holiday rental demand. A tourist rental licence would be required to let the property on platforms such as Airbnb or HomeAway. Speak to the agent about licence availability for this specific unit, as new-build complexes can have community rules that affect short-term letting.
What does the purchase process involve?
First, you will need an NIE (Número de Identificación de Extranjero), the tax identification number required for any property transaction in Spain. Once you have agreed a price, a reservation fee is paid to take the property off the market, followed by a private purchase contract (contrato de arras or developer's contract) at which point a further deposit is paid. The remainder is transferred at the notary on completion, when the title deed (escritura) is signed and keys are handed over. We strongly recommend appointing an independent Spanish solicitor to act on your behalf 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
- apartment
- Bedrooms
- 1
- Bathrooms
- 1
- Build Size
- 64 m²
- Energy Rating
- G
