First-Floor 2-Bedroom Apartment in Finestrat Hills, Finestrat
Centro, Finestrat · Alicante
2 Bed2 Bath119 m²Energy: G
Description
A first-floor new-build apartment in Finestrat Hills, this 2-bedroom, 2-bathroom property covers 119m2 of internal space on the first of two floors. The apartment includes a private garden, electric blinds throughout, and access to a lift serving both floors. Security systems are fitted as standard across the development.Finestrat Hills sits in the inland foothills above Benidorm, approximately 35 minutes by road from Alicante-Elche Airport (ALC). The area connects to the coast via the CV-70, which runs down towards the beaches of Benidorm's Levante and Poniente strands. Local amenities, including supermarkets and restaurants, are within a short drive in Finestrat village and along the N-332 coastal road.Estimated community fees are approximately 120 EUR per month and the estimated annual IBI is 620 EUR. 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 it is worth checking before you budget. Finestrat Hills draws consistent interest from buyers seeking proximity to both the coast and the Sierra Cortina golf area, making this a practical short-let prospect as well as a permanent residence.
Features
- Communal pool
- Private garden
- Gymnasium
- Lift
- Electric blinds
- Security system
- Air conditioning
- Built-in wardrobes
- Near beach
- Communal garden
- Parking
- New build
Property Details
| Property Type | Apartment |
| Bedrooms | 2 |
| Bathrooms | 2 |
| Built Area | 119 m² |
| Floor | 1 / 2 |
| Energy Certificate | G |
| Reference | 20682142-04 |
Distances & Nearby
- airport
- 35 min (Alicante-Elche ALC)
✈️
Location
Centro, Finestrat · 38.5467, -0.1745
About Centro, Finestrat
Finestrat is one of the most popular destinations on Spain's Costa Blanca for international property buyers. With over 300 days of sunshine per year, excellent healthcare facilities, and a large expat community, the area offers an outstanding quality of life.
Frequently Asked Questions
What are the purchase costs for this apartment?
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 to new-build purchases. On top of those taxes, allow approximately EUR 600–1,200 for notary fees, EUR 400–800 for land registry fees, and around 1% of the purchase price plus VAT for legal representation. 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 verifying your eligibility before you finalise your budget.
Can I get a mortgage on this property as a non-resident?
Non-resident buyers in Spain can typically access mortgages covering 60–70% of the purchase price, meaning a deposit of 30–40% is generally required. Current variable and fixed rates from Spanish lenders sit in the range of approximately 3.5–4.5%, though the rate you are offered will depend on your financial profile and the lender. We recommend seeking independent mortgage advice before making an offer.
What are the ongoing running costs?
Estimated community fees are approximately EUR 120 per month, covering communal areas, the pool, gym, and security. The estimated annual IBI (council tax) is EUR 620. Both figures are estimates at this stage of the development. Utility costs — water, electricity, and internet — will vary with usage and provider.
Can I view the property remotely?
Yes. We offer video viewings for buyers who cannot travel to Finestrat Hills in person. A member of our team will walk through the apartment and the communal facilities live via video call, at a time that suits you. In-person viewings can also be arranged with advance notice.
What is the rental potential in this area?
Finestrat Hills is close to Benidorm, one of the Costa Blanca's busiest tourist destinations, which means there is demand for short-term holiday lets in the area. A tourist licence is required to operate a legal short-let, and conditions are set by the Valencian Community. We recommend speaking to a local letting agent about realistic occupancy rates and net income before factoring rental income into your purchase decision. We do not quote yield percentages as these vary significantly with management costs and seasonality.
What steps are involved in buying this apartment?
You will first need a Spanish tax identification number (NIE), which can be obtained via a Spanish consulate or a gestor in Spain. Once you have agreed on terms, a reservation fee is paid to take the property off the market. This is followed by a private purchase contract (contrato de arras), at which point typically 10% of the purchase price is paid. The balance is settled at the notary on the completion date, when the title deed (escritura) is signed and ownership formally transfers. We advise appointing an independent Spanish solicitor to oversee the process from the outset.
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
- 2
- Bathrooms
- 2
- Build Size
- 119 m²
- Energy Rating
- G
