First-Floor 2-Bedroom Apartment in Finestrat Hills, Finestrat
Centro, Finestrat · Alicante
2 Bed2 Bath89 m²Energy: G
Description
This first-floor, new-build apartment in Finestrat Hills forms part of a small development of 14 homes and covers 102 m2 of internal living space across 2 bedrooms and 2 bathrooms. The apartment is finished with porcelain tile flooring throughout and includes built-in wardrobes, integrated kitchen appliances, and air conditioning. A video intercom provides access control, and a lift serves all floors. Sea views are available from the property.Finestrat Hills sits in the elevated inland reaches of Finestrat, in the province of Alicante, within easy reach of the coast at Cala Finestrat, approximately 5 km away. The Terra Mitica theme park is nearby, and the centres of Benidorm and Villajoyosa are accessible by car in under 20 minutes. Alicante-Elche Airport (ALC) is around 35 minutes away by road, making Finestrat Hills practical for owners travelling frequently.Community fees are currently set at no charge. IBI and refuse collection figures are not yet confirmed for this development, as it is new build. 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. Finestrat Hills is within the tourist corridor of the northern Costa Blanca, giving the area consistent rental demand across the summer months.
Features
- New build
- Sea views
- First-floor apartment
- Communal pool
- Communal gardens
- Lift
- Air conditioning
- Built-in wardrobes
- Integrated appliances
- Porcelain tile flooring
- Video intercom
Property Details
| Property Type | Apartment |
| Bedrooms | 2 |
| Bathrooms | 2 |
| Built Area | 89 m² |
| Floor | 1 / 2 |
| Energy Certificate | G |
| Reference | 96121738-02 |
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 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 autonomous region. 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 budget. Additional costs include notary fees (typically EUR 600–1,200), property registry fees (typically 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?
Non-resident buyers can generally access Spanish mortgages, though lenders typically require a deposit of 30–40% of the purchase price. Current variable and fixed mortgage rates in Spain range from approximately 3.5% to 4.5%, though this will vary by lender and individual circumstances. We recommend taking independent financial advice before applying.
What are the ongoing running costs for this apartment?
Community fees for this development are currently set at no charge. IBI (local property tax) and annual refuse collection (basura) figures have not yet been confirmed for this new-build development and will be available once the property is registered with the local authority. We will provide updated figures as soon as they are available.
Can I view the property remotely?
Yes. We offer video viewings for buyers who cannot travel to Finestrat in person. Our agents can walk you through the apartment and the communal areas via a live video call at a time that suits you. In-person viewings are also available by appointment.
Is this apartment suitable for holiday rental?
Finestrat Hills sits within the northern Costa Blanca tourist corridor, which sees strong visitor numbers throughout the summer season and increasing demand at Easter and over winter breaks. The proximity to Benidorm, Cala Finestrat and Terra Mitica makes this location attractive to short-term renters. A tourist rental licence will be required; your legal adviser can confirm the current requirements under Valencian Community regulations.
What does the purchase process involve?
You will first need an NIE (Número de Identificación de Extranjero), which is required for any property purchase in Spain and can be obtained at a Spanish consulate or in person in Spain. Once you have agreed a price, a reservation fee is paid to take the property off the market. This is followed by a private purchase contract (arras), where typically 10% of the purchase price is paid. The balance is then paid at the notary on the day of completion, when legal title transfers to you. We strongly recommend appointing an independent Spanish solicitor throughout the process.
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
- 89 m²
- Energy Rating
- G
