214m² New-Build Penthouse in Finestrat Hills, Finestrat
Centro, Finestrat · Alicante
3 Bed2 Bath214 m²Energy: G
Description
A new-build top-floor penthouse on the second floor of a 2-storey residential complex in Finestrat Hills, this 3-bedroom, 2-bathroom property covers 214m² of internal space. The penthouse includes a private garden, a solarium, electric blinds throughout, and access to a lift serving both floors. Security systems are fitted as standard across the complex.Finestrat Hills sits in the elevated terrain above the coastal town of Finestrat, placing residents within 35 minutes of Alicante-Elche Airport (ALC). The area is well connected to the N-332 coastal road, which links directly to Benidorm's commercial centre, the Poniente beach promenade, and the Terra Mítica leisure complex. Local amenities including supermarkets and restaurants are a short drive along Avenida de Benidorm.Estimated community fees are 190 EUR per month and annual IBI is estimated at 910 EUR. The property holds an energy rating of G. Finestrat Hills attracts both permanent residents and holiday buyers given its proximity to the Costa Blanca's main coastal strip, and the complex's communal facilities, including a gym and pool, support short-let use.
Features
- Communal pool
- Solarium
- Private garden
- Gymnasium
- Lift
- Electric blinds
- Security system
- Air conditioning
- New build
- Top-floor apartment
- Near beach
Property Details
| Property Type | Penthouse |
| Bedrooms | 3 |
| Bathrooms | 2 |
| Built Area | 214 m² |
| Floor | 2 / 2 |
| Energy Certificate | G |
| Reference | 20682142-06 |
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 on top of 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% of the purchase price. ITP does not apply. Additional costs include notary fees of approximately EUR 600–1,200, land registry fees of approximately EUR 400–800, and legal fees of around 1% of the purchase price plus VAT. Reduced rates and local allowances may apply if you meet the Valencian Community's conditions — for example age, large-family or disability status, or buying a primary residence — and are worth checking before you finalise your budget.
Can I get a mortgage as a non-resident buyer?
Non-resident buyers in Spain typically require a deposit of 30–40% of the purchase price, as Spanish banks generally lend up to 60–70% of the valuation for non-residents. Variable and fixed mortgage rates currently range from approximately 3.5% to 4.5% depending on the lender and your financial profile. We can refer you to independent mortgage brokers who specialise in Spanish property finance.
What are the estimated running costs?
Annual IBI (council tax) is estimated at EUR 910. Community fees are estimated at EUR 190 per month, covering maintenance of the communal pool, gym, gardens, and shared areas. Please note both figures are estimates and should be confirmed with the developer before exchange.
Can I arrange a viewing remotely?
Yes. We offer video viewings for buyers who cannot travel to Finestrat Hills in person. A member of our team will walk you through the property and the complex on a live video call at a time that suits you. In-person viewings can be arranged with advance notice.
What is the rental potential of this property?
Finestrat Hills is close to Benidorm, one of the most active short-let markets on the Costa Blanca. Properties in this area are in demand for holiday rentals throughout the summer season and during off-peak periods. A tourist licence is required to let the property on a short-term basis in the Valencian Community, and we can connect you with local managing agents who can advise on realistic occupancy and seasonal demand.
What does the purchase process involve?
You will first need a Spanish NIE (foreigner identification number), which can be obtained in Spain or through a Spanish consulate in your home country. Once you have agreed terms, a reservation contract and deposit secure the property. This is followed by a private purchase contract (arras), under which a further staged payment is typically made. Completion takes place before a Spanish notary, at which point the balance is paid and the title deed is signed. 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
- penthouse
- Bedrooms
- 3
- Bathrooms
- 2
- Build Size
- 214 m²
- Energy Rating
- G
