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New-Build 3-Bed Villa in Finestrat Hills, Finestrat

Centro, Finestrat · Alicante

3 Bed3 Bath328 m²455 m² plotEnergy: G

Description

This new-build villa in Finestrat Hills delivers 328m² of internal space across a ground-floor layout on a private 455m² plot, with 3 bedrooms and 3 bathrooms. The build includes double glazing throughout, air conditioning, and all mains utilities connected. Private parking is provided on the plot, and there are no community fees payable. The energy rating is G.Finestrat Hills sits in the elevated terrain above the town of Finestrat, with views towards the Benidorm coastline and the surrounding sierra. The area connects to the N-332 and the AP-7 motorway, placing Benidorm's town centre and beach within approximately 10 minutes by car. Alicante-Elche Airport (ALC) is around 35 minutes' drive. The neighbourhood has a growing number of new-build properties and is close to the commercial and leisure facilities along the Costa Blanca's central stretch.IBI figures are not yet available for this new-build property. Community fees are zero. 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%, and ITP does not apply. Tax is charged on the higher of the price paid and the property's official reference value, so treat any figure based on the asking price as a minimum. 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 this is worth checking before you budget.The private garden sits within the 455m² plot and wraps around the ground-floor villa. The outdoor area provides space for landscaping or a pool, subject to planning. Private parking is positioned on the plot with direct access from the street.

Features

  • New build
  • Private plot (455m²)
  • Air conditioning
  • Private garden
  • Private parking
  • Double glazing
  • Mains utilities
  • No community fees
  • Ground floor
  • 3 bathrooms
  • Energy rating G

Property Details

Property TypeVilla
Bedrooms3
Bathrooms3
Built Area328 m²
Plot Size455 m²
Floor0
Energy CertificateG
Reference91450464-01

Distances & Nearby

✈️
airport
35 min (Alicante-Elche ALC)

Location

Centro, Finestrat · 38.5468, -0.1757


About Centro, Finestrat

Finestrat is one of the most popular destinations on Spain's Costa Blanca.


Frequently Asked Questions

What purchase costs should I budget for beyond 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%, set by the autonomous region. ITP does not apply. Tax is calculated on the higher of the price paid and the property's official reference value, so treat any estimate based on the asking price as a minimum. 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 Valencian Community's conditions — for example age, large-family or disability status, or buying a primary residence — and this is worth checking before you finalise your budget.
Can I get a mortgage as a non-resident buyer?
Non-resident buyers can generally obtain a Spanish mortgage, though lenders typically require a deposit of 30–40% of the purchase price, with the remainder financed. Current variable and fixed rates broadly range from 3.5% to 4.5%, though individual offers depend on your financial profile and the lender. Your solicitor or an independent mortgage broker can help you compare options before you commit.
What are the ongoing running costs for this villa?
Community fees are zero for this property. IBI figures are not yet available as this is a new-build, and the rate will be set by Finestrat town hall once the property is registered on the catastro. There will also be basura (refuse collection) charges, which are set locally. Utility costs will depend on your usage and the tariffs you select.
Can I view the property remotely before travelling to Spain?
Yes. We offer video viewings for buyers who cannot travel immediately, allowing you to take a guided tour of the property in real time via video call. We can also provide additional photos, floor plans, or documentation on request. In-person viewings can be arranged at a time that suits you.
Does this property have rental potential?
Finestrat Hills is situated within the wider Benidorm tourism area, which generates strong short-term rental demand throughout the year. New-build villas in this location can appeal to families and groups seeking private accommodation. Any rental activity requires a tourist licence from the Valencian Community authorities, and your legal adviser can guide you through the application process. We do not quote yield figures, as returns vary with occupancy and management costs.
What does the purchase process involve?
You will first need a Spanish NIE (foreigner identification number), which your solicitor can obtain on your behalf. Once terms are agreed, a reservation contract is signed and a reservation fee is paid to take the property off the market. A private purchase contract follows, at which point a further deposit of typically 10% of the purchase price is paid. Completion takes place before a notary, the balance is transferred, and keys are handed over. Title is then registered at the land registry.

Price

€1,200,000€3,659/m²

Ref: 91450464-01

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
3
Build Size
328 m²
Plot Size
455 m²
Energy Rating
G