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New-Build 3-Bed Villa with Pool, Finestrat Hills

Centro, Finestrat · Alicante

3 Bed2 Bath137 m²428 m² plotEnergy: G

Description

A 428m2 private plot in Finestrat Hills provides the setting for this new-build villa, which delivers 137m2 of built space across a single-storey layout with 3 bedrooms and 2 bathrooms. The plot-to-build ratio gives generous outdoor space on all sides, and the price works out at approximately EUR 5,036 per m2 of constructed area. Alicante-Elche Airport is 35 minutes by car, making access straightforward for both residents and visiting guests.Finestrat Hills sits in the elevated inland section of Finestrat municipality, between the Sierra Cortina resort and the slopes of Puig Campana mountain. The area has established road links to Benidorm, roughly 5 km to the east, where you will find the main commercial centre, hospital, and train station. Terra Marina beach at Benidorm is the nearest stretch of coastline, and distances to specific local supermarkets and beach access points are available from the agent on request.The property is classified as a new build and VAT applies at 10% rather than the resale transfer tax, adding EUR 69,000 to the purchase price at the standard rate. Notary fees typically run between EUR 600 and EUR 1,200, land registry between EUR 400 and EUR 800, and independent legal representation costs around 1% of the purchase price plus VAT. No community fees are registered against this property. The energy rating is G, which is common for newly constructed villas prior to final certification, so buyers should request the provisional certificate before exchange.The 428m2 plot allows for a private garden and pool area with space for off-road parking. Exact pool dimensions and garden landscaping details are confirmed at the agent appointment, as the project may offer finish options. Orientation data is not yet confirmed, so visiting at different times of day before signing arras is advisable.

Features

  • New build
  • Private pool
  • Private garden
  • 3 bedrooms
  • 2 bathrooms
  • 137m2 built area
  • 428m2 private plot
  • Single-storey layout
  • Air conditioning
  • Off-road parking
  • No community fees
  • 35 minutes from Alicante-Elche Airport

Property Details

Property TypeVilla
Bedrooms3
Bathrooms2
Built Area137 m²
Plot Size428 m²
Floor0
Energy CertificateG
Reference15434303-01

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.


Frequently Asked Questions

What are the purchase costs on top of the EUR 690,000 asking price?
As a new-build, VAT (IVA) applies at 10%, which is EUR 69,000. You will also pay stamp duty (AJD) at approximately 1.5% (EUR 10,350), notary fees of EUR 600–1,200, land registry fees of EUR 400–800, and independent legal fees of around 1% plus VAT (roughly EUR 8,280 including VAT). Budget for total purchase costs of approximately EUR 90,000–95,000 on top of the property price.
Can non-residents get a mortgage on this property?
Yes. Spanish lenders typically offer non-residents up to 60–70% loan-to-value on a property priced at EUR 690,000, meaning a deposit of EUR 207,000–276,000 would be required. Variable and fixed rates currently range from approximately 3.5% to 4.5%. A formal mortgage offer will require proof of income, credit history, and a Spanish NIE number.
What are the annual running costs?
No community fees are registered against this property. The annual IBI (council tax) figure is not yet confirmed by the local authority for this new-build; the agent can provide an estimate based on the cadastral value once assigned. A rubbish collection charge (basura) will also apply annually; this is set by Finestrat council and is typically a modest fixed fee.
Can I arrange a viewing remotely?
Yes. OceanHome offers video viewings via WhatsApp or video call, during which an agent can walk through the plot, show surrounding access roads, and share any available CGI or show-home materials for this development. In-person appointments at the Finestrat Hills site can be arranged with 48 hours' notice.
Is this property suitable for holiday rental?
Finestrat Hills is within the Benidorm tourist catchment area, and the Valencian Community permits short-term rentals with a tourist licence (Vivienda de Uso Turístico). Buyers must apply to the Generalitat Valenciana and meet specific habitability and safety requirements before letting. Proximity to Benidorm, roughly 5 km away, supports rental demand during the summer season; the agent can refer you to a local rental management company for occupancy data.
What does the purchase process involve?
First, obtain a Spanish NIE (identity number for foreigners) from a Spanish consulate or in Spain with a solicitor's power of attorney. Once you agree terms, a reservation contract is signed and a holding deposit of around EUR 6,000–10,000 is paid. This is followed by a private purchase contract (arras or contrato de compraventa) where typically 10% of the price is paid. For new builds, stage payments may apply during construction. Completion takes place before a notary, at which point the remaining balance and taxes are settled and keys are handed over.

Price

€690,000€5,036/m²

Ref: 15434303-01

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
villa
Bedrooms
3
Bathrooms
2
Build Size
137
Plot Size
428
Energy Rating
G