1 / 14

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

Centro, Finestrat · Alicante

3 Bed2 Bath230 m²409 m² plotEnergy: G

Description

Set on a 409m2 private plot in Finestrat Hills, this new-build villa provides 230m2 of built space across a ground-floor layout with 3 bedrooms and 2 bathrooms. Two private parking spaces are included. The build size gives a price per m2 of approximately EUR 3,435, in line with comparable new-build villas in this hillside area. The energy rating is G, which is standard for new builds in this classification pending final certification.Finestrat Hills sits above the town of Finestrat, a small municipality in the Alicante province with a preserved old quarter centred on Calle Mayor and the church of La Natividad. The commercial area of La Marina, with supermarkets, restaurants, and the Benidorm Old Town, is reachable within around 10 minutes by car. Benidorm's Levante Beach is approximately 6 kilometres from Finestrat Hills. Alicante-Elche Airport is 35 minutes away by road.As a new build in the Valencia region, the applicable purchase tax is IVA at 10%, amounting to EUR 79,000 on this property. Additional costs include notary fees of approximately EUR 600 to 1,200, land registry fees of EUR 400 to 800, and legal fees of around 1% of the purchase price plus VAT. There are no community fees recorded for this property. IBI figures are not yet available and should be confirmed with the agent prior to purchase.The 409m2 plot provides scope for a garden and outdoor area. Full details of any pool, terrace, or landscaping provision are available from the agent and should be confirmed against the final build specification and plans.

Features

  • New build
  • 3 bedrooms
  • 2 bathrooms
  • 230m2 build size
  • 409m2 private plot
  • Ground floor
  • 2 parking spaces
  • No community fees
  • 35 minutes from Alicante-Elche Airport

Property Details

Property TypeVilla
Bedrooms3
Bathrooms2
Built Area230 m²
Plot Size409 m²
Floor0
Energy CertificateG
Reference96231140-01

Distances & Nearby

✈️
airport
35 min (Alicante-Elche ALC)

Location

Centro, Finestrat · 38.5463, -0.1740


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 790,000 asking price?
As a new build, this villa is subject to IVA at 10% rather than ITP, which equals EUR 79,000. You should also budget for notary fees of approximately EUR 600 to 1,200, land registry fees of EUR 400 to 800, and legal fees of around 1% of the purchase price plus VAT (approximately EUR 9,480 before VAT). Total additional costs typically run to 12 to 13% of the purchase price.
Can non-residents obtain a mortgage on this property?
Yes. Spanish lenders generally offer non-residents up to 60 to 70% loan-to-value on a purchase of EUR 790,000, meaning a deposit of roughly EUR 237,000 to EUR 316,000 would be required. Current variable and fixed rates from Spanish banks are typically in the range of 3.5% to 4.5%. A formal mortgage offer will depend on your income, residency status, and the lender's valuation of the completed property.
What are the ongoing running costs for this villa?
No community fees are recorded for this property. IBI (annual council tax) and basura (waste collection) figures are not yet available for this new build and should be confirmed with the agent before exchange. We recommend requesting an estimate from the local Finestrat town hall once the catastral reference is assigned.
Can I arrange a viewing remotely before travelling to Spain?
Yes. We offer video viewings via WhatsApp or video call for buyers who cannot visit in person straight away. Contact our team to arrange a live or pre-recorded video tour of the plot, the surrounding Finestrat Hills area, and any show materials available from the developer.
Does this villa have rental potential?
Finestrat Hills is close to Benidorm, one of the Costa Blanca's busiest tourist destinations, which supports demand for short-term holiday rentals. New tourist rental licences in the Valencia region are subject to local authority approval and specific zoning rules. We recommend consulting a local lawyer before purchasing with rental income in mind, as licensing rules have tightened in recent years.
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 agreed, a reservation contract is signed and a holding deposit paid, typically EUR 6,000 to 10,000. This is followed by a private purchase contract (arras or contrato de compraventa) where around 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 balance and taxes are paid and the title deed (escritura) is signed.

Price

€790,000€3,435/m²

Ref: 96231140-01

Maya Kallio
Maya Kallio💚
The Heart of Our Operations

Co-founder of OceanHome. Helping international buyers find their dream property in Spain since 2004.

WhatsAppEnquire About This PropertySchedule a Call
Languages:EnglishFinnishSwedishSpanish
View LinkedIn Profile

Quick Enquiry

Interested in this property? Send us a message.

By submitting, you agree to our privacy policy.

Key Details

Type
villa
Bedrooms
3
Bathrooms
2
Build Size
230
Plot Size
409
Energy Rating
G