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212m² New-Build Penthouse in Finestrat Hills, Finestrat

Centro, Finestrat · Alicante

2 Bed2 Bath212 m²Energy: G

Description

A new-build penthouse on the second and top floor of a residential complex in Finestrat Hills, this 2-bedroom, 2-bathroom property spans 212m² of built space. The layout includes a private solarium and a private garden, in addition to access to communal gardens and a pool. Electric blinds are fitted throughout, and the building is served by a lift. The complex also provides a gymnasium and on-site security.Finestrat Hills sits in the elevated foothills above the coastal town of Benidorm, within the municipality of Finestrat. The area is well connected by the AP-7 motorway, and Alicante-Elche Airport (ALC) is approximately 35 minutes by car. The Cala Finestrat beach cove and the commercial and leisure facilities of Terra Mítica are both within easy reach of Finestrat Hills.Estimated community fees for this property are EUR 190 per month, and estimated annual IBI is EUR 880. The energy rating is G. As a new build in the Valencian Community, IVA (VAT) at 10% of the purchase price plus AJD stamp duty at 1.4% applies; 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 are worth checking before you budget.

Features

  • Communal pool
  • Private garden
  • Solarium
  • Communal garden
  • Lift
  • Gymnasium
  • Electric blinds
  • Air conditioning
  • Security system
  • Near beach

Property Details

Property TypePenthouse
Bedrooms2
Bathrooms2
Built Area212 m²
Floor2 / 2
Energy CertificateG
Reference20682142-05

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 purchase taxes and costs apply to this property?
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. Additional purchase costs typically include notary fees (EUR 600–1,200), land registry fees (EUR 400–800), and legal fees of approximately 1% of the purchase price plus VAT. 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.
Can non-residents obtain a mortgage on this property?
Non-resident buyers can typically obtain a Spanish mortgage, though lenders generally require a deposit of 30–40% of the purchase price. Current variable and fixed interest rates are broadly in the range of 3.5–4.5%, though individual offers vary by lender and applicant profile. We can refer you to a Spanish mortgage broker for up-to-date terms.
What are the estimated running costs?
Estimated community fees are EUR 190 per month, covering maintenance of communal areas, the pool, gardens, gymnasium, and security. Estimated annual IBI (council tax) is EUR 880. These figures are estimated at the time of listing. Utility costs (electricity, water) will depend on usage. The property has an energy rating of G.
Can I arrange a viewing remotely?
Yes. In-person viewings can be arranged by appointment through our team. We also offer video viewings for buyers who are unable to visit in person, allowing you to tour the property and ask questions in real time. Contact us to schedule either option.
Does this property have rental potential?
Finestrat Hills is close to Benidorm, one of the Costa Blanca's busiest tourist destinations, which means there is demand for holiday rentals in the area. A tourist licence is required to let the property short-term, and the Valencian Community has its own licensing requirements. We recommend taking advice from a local solicitor on compliance before committing to a rental strategy.
What does the purchase process involve?
First, you will need a Spanish NIE number (tax identification number for foreign nationals), which can be obtained in Spain or at a Spanish consulate. A reservation agreement is typically signed to take the property off the market, followed by a private purchase contract (arras or contrato de compraventa) accompanied by a deposit — commonly 10% of the purchase price. Completion takes place before a Spanish notary, who formalises the transfer. We strongly recommend appointing an independent Spanish solicitor to act on your behalf throughout the process.

Price

€630,000€2,972/m²

Ref: 20682142-05

Maya Kallio
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
penthouse
Bedrooms
2
Bathrooms
2
Build Size
212 m²
Energy Rating
G