Top-Floor 3-Bed Penthouse in Finestrat Hills, Finestrat
Centro, Finestrat · Alicante
3 Bed2 Bath160 m²Energy: G
Description
This top-floor, new-build penthouse in Finestrat Hills is one of 14 homes within a small residential complex of apartments and penthouses, positioned on the second and highest floor of the building. The property covers 160m2 of internal living space across 3 bedrooms and 2 bathrooms, and includes a private solarium in addition to its terrace, giving two distinct outdoor levels. Finishes include porcelain tile flooring throughout, built-in wardrobes, and integrated kitchen appliances. Air conditioning, a video intercom, and a lift serving all floors are also included as standard.The Finestrat Hills area sits above the town of Finestrat in the hills of the Costa Blanca, approximately 35 minutes by car from Alicante-Elche Airport (ALC). The complex is within reach of Cala Finestrat, a small cove beach, and the commercial and leisure facilities along the N-332 corridor near Benidorm, including supermarkets, restaurants, and the Terra Mítica theme park. The surrounding terrain offers walking and cycling routes through the Serra de Cortina natural area. Contact the agent for precise distances to the beach, supermarket, and golf courses.Community fees are currently set at zero for this development. IBI and basura figures are not yet available for this new-build property and should be confirmed with the agent before exchange. The property carries an energy rating of G. Finestrat Hills draws interest from buyers seeking rental income given its proximity to the Benidorm tourism zone, though projected yields should be verified independently.The private solarium on the upper level provides sea views and additional space for outdoor use beyond the main terrace. The communal gardens and pool are maintained within the complex and accessible to all residents.
Features
- Communal pool
- Private solarium
- Communal gardens
- Lift
- Air conditioning
- Built-in wardrobes
- Integrated kitchen appliances
- Porcelain tile flooring
- Video intercom
- Sea views
- New build
- Top-floor position
Property Details
| Property Type | Penthouse |
| Bedrooms | 3 |
| Bathrooms | 2 |
| Built Area | 160 m² |
| Floor | 2 / 2 |
| Energy Certificate | G |
| Reference | 96121738-03 |
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 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 costs include notary fees (typically EUR 600–1,200), land registry fees (typically 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 region's conditions — for example age, large-family or disability status, or buying a primary residence — and it is 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 lenders generally finance up to 60–70% for non-residents. Current variable and fixed mortgage rates in Spain broadly range from 3.5% to 4.5%, though the rate offered will depend on your financial profile and the lender. We recommend obtaining an agreement in principle before you make an offer.
What are the ongoing running costs for this property?
Community fees are currently set at zero for this development. Annual IBI (local property tax) and basura (refuse collection charge) figures are not yet available for this new-build property; confirm these with the agent or the local town hall (Ajuntament de Finestrat) before exchange. Utility costs will vary with usage.
Can I arrange a viewing remotely?
Yes. OceanHome can arrange a video viewing of the property and the development if you are unable to travel to Finestrat in person. We can also provide additional photographs, floor plans, and a walkthrough of the communal areas. In-person viewings are available by appointment.
Is this property suitable for holiday rental?
Finestrat Hills is close to the Benidorm tourism zone, which generates consistent short-term rental demand throughout the year. A top-floor penthouse with sea views and a private solarium is a strong proposition for the holiday rental market. You will need a tourist rental licence from the Generalitat Valenciana before letting. Projected yields should be verified with a local rental management company, as figures vary by season and occupancy.
What is the typical purchase process in Spain?
First, obtain an NIE (Número de Identificación de Extranjero), which is required for any property purchase in Spain. Once you agree a price, 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 a deposit of typically 10% of the purchase price is paid. The balance is settled at the notary on completion, when ownership transfers and the deed (escritura) is signed. The transaction is then registered at the Land Registry. We recommend instructing an independent Spanish lawyer 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
- 160 m²
- Energy Rating
- G
