First-Floor 3-Bedroom Apartment in Finestrat Hills, Finestrat
Centro, Finestrat · Alicante
3 Bed2 Bath116 m²Energy: G
Description
A first-floor new-build apartment in Finestrat Hills, this 3-bedroom, 2-bathroom property covers 116m2 of internal living space. The apartment includes a private garden, electric blinds throughout, and access to a secured residential complex with a lift serving all floors. Community facilities include a communal pool and a fully equipped gymnasium.Finestrat Hills sits on the elevated slopes above Benidorm, offering quick access to the N-332 coastal road and the commercial area of La Marina. The nearby Benidorm town centre, roughly 5 kilometres away, provides a wide range of supermarkets, restaurants, and health services. Alicante-Elche Airport is approximately 35 minutes by car, making the area practical for both permanent residents and regular visitors.Estimated community fees are EUR 115 per month and the estimated annual IBI is EUR 670. The property carries an energy rating of G. As a new-build development in Finestrat Hills, the complex is fitted with security measures appropriate to a gated residential environment. The area sees consistent short-term rental demand, given its position between Benidorm and the Costa Blanca's golf courses.
Features
- Communal pool
- Private garden
- Gymnasium
- Lift
- Electric blinds
- Security system
- Air conditioning
- Built-in wardrobes
- Near beach
- Underground parking
Property Details
| Property Type | Apartment |
| Bedrooms | 3 |
| Bathrooms | 2 |
| Built Area | 116 m² |
| Floor | 1 / 1 |
| Energy Certificate | G |
| Reference | 20682142-02 |
Distances & Nearby
- airport
- 35 min (Alicante-Elche ALC)
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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 purchase taxes and costs apply to 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%. 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) — worth checking before you budget. Additional purchase costs typically include notary fees of EUR 600–1,200, land registry fees of 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 lenders generally offer non-resident buyers a loan-to-value of 60–70%, meaning a deposit of 30–40% of the purchase price is typically required. Current variable and fixed mortgage rates in Spain range from approximately 3.5% to 4.5%, though the rate you are offered will depend on your financial profile and the lender.
What are the ongoing running costs for this property?
Community fees are estimated at EUR 115 per month, covering maintenance of shared areas including the communal pool, gardens, gymnasium, lift, and security. The estimated annual IBI (local property tax) is EUR 670. Please note these figures are estimates and may vary once the development is fully registered.
Can I view this apartment before travelling to Spain?
Yes. We can arrange a video viewing via video call at a time that suits you, allowing you to see the apartment and ask questions in real time. In-person viewings at the Finestrat Hills development can be arranged by appointment through our office.
Is this apartment suitable as a rental investment?
Finestrat Hills benefits from its proximity to Benidorm, one of the Costa Blanca's busiest tourist destinations, and to several golf courses. This location generates consistent demand for short-term holiday rentals throughout the year. A tourist rental licence is required to let the property legally on a short-term basis; your legal representative can advise on the application process in the Valencian Community.
What does the purchase process involve?
You will first need an NIE (Número de Identificación de Extranjero), the tax identification number required for any property purchase in Spain. Once you have agreed terms, a reservation contract is signed and a reservation deposit paid to take the property off the market. This is followed by a private purchase contract (arras), at which stage a further deposit is typically paid. The transaction is completed before a notary, at which point the balance is paid and ownership transfers to you. We recommend appointing an independent Spanish solicitor to oversee 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
- 3
- Bathrooms
- 2
- Build Size
- 116 m²
- Energy Rating
- G
