New-Build 3-Bedroom Villa on 491m² Plot, Finestrat Hills
Centro, Finestrat · Alicante
3 Bed3 Bath183 m²491 m² plotEnergy: G
Description
Built across a single ground floor, this new-build villa in Finestrat Hills covers 183m2 of living space on a private 491m2 plot. The villa has 3 bedrooms and 3 bathrooms, an open-plan living and dining area, and glazed doors that open directly onto the terrace. Air conditioning is fitted throughout, and parking is included on the plot. The development includes a communal pool shared among residents.Finestrat Hills is a hillside residential area in the municipality of Finestrat, in Alicante province, positioned between the coast and the Serra Aitana mountain range. The village centre of Finestrat, with its weekly market and local shops, is within a few kilometres. The resort area of Cala de Finestrat and the wider Benidorm seafront are both accessible by car. Alicante-Elche Airport (ALC) is approximately 35 minutes by road. Buyers should ask the agent for specific distances to beaches, supermarkets, and golf courses.Community fees are currently nil for this development. IBI figures are not yet available as the property is a new build and rateable values are assigned after completion. The energy rating is G. This property is in a tourist-active coastal zone, and short-term holiday rental licences are available in the Valencian Community, making it a viable option for rental use when not owner-occupied.The private garden wraps around the villa on the 491m2 plot, with the terrace accessible directly from the living area via glazed doors. The communal pool is maintained by the development.
Features
- New build
- 3 bedrooms
- 3 bathrooms
- Private plot of 491m²
- 183m² build area
- Ground floor
- Private garden
- Parking on plot
- Communal pool
- Open-plan living and dining area
- Glazed doors to terrace
- Air conditioning
Property Details
| Property Type | Villa |
| Bedrooms | 3 |
| Bathrooms | 3 |
| Built Area | 183 m² |
| Plot Size | 491 m² |
| Floor | 0 |
| Energy Certificate | G |
| Reference | 69537374-02 |
Distances & Nearby
- airport
- 35 min (Alicante-Elche ALC)
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Location
Centro, Finestrat · 38.5478, -0.1747
About Centro, Finestrat
Finestrat is one of the most popular destinations on Spain's Costa Blanca.
Frequently Asked Questions
What are the purchase costs for this villa?
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 (typically 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 — and it is worth checking before you budget.
Can non-residents get 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 rates in Spain broadly range from 3.5% to 4.5% APR, though the rate offered will depend on your lender and financial profile. We recommend obtaining a mortgage agreement in principle before making an offer.
What are the estimated running costs?
Community fees for this development are currently nil. IBI (annual property tax) figures are not yet available, as rateable values for new builds are assigned by the local authority after completion. Rubbish collection (basura) charges are also not yet confirmed. We recommend budgeting for these once the property is registered.
Can I view this property remotely?
Yes. In addition to in-person viewings, we can arrange a live video viewing via WhatsApp, FaceTime, or a similar platform. This allows you to see the property and ask questions in real time without travelling to Spain. Contact us to book a slot at a time that suits you.
Is this villa suitable for holiday rental?
This property is in a tourist-active coastal zone within the Valencian Community, where short-term holiday rental licences can be applied for through the regional government. Finestrat Hills' proximity to Benidorm and the Costa Blanca coast makes it a practical option for seasonal rental. We do not quote yield figures, as returns depend on management costs, occupancy rates, and the licence conditions applicable at the time.
What does the purchase process involve?
You will first need to obtain a Spanish NIE (foreigner identification number), which is required for all property transactions. Once you have agreed a price, a reservation fee is typically paid to take the property off the market, followed by a private purchase contract (arras or contrato de compraventa) in which a further deposit is paid — usually 10% of the purchase price. The balance is paid at the notary on completion, at which point ownership transfers. For new builds, stage payments during construction are common and will be set out in the developer's contract. Using an independent Spanish solicitor throughout is strongly recommended.
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
- 3
- Build Size
- 183 m²
- Plot Size
- 491 m²
- Energy Rating
- G
