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282m² New-Build Villa in Finestrat Hills, Finestrat

Centro, Finestrat · Alicante

3 Bed2 Bath270 m²396 m² plotEnergy: G

Description

At 282m² of single-storey living space, this new-build three-bedroom, two-bathroom villa in Finestrat Hills is one of the larger ground-floor homes currently available in the area. The property sits on its own plot with two dedicated parking spaces and carries no community fees. All living areas, bedrooms and bathrooms are arranged on one level, with direct access to the outdoor terrace and plot from the dining area. Energy rating is G.Finestrat Hills is a residential hillside area above the town of Finestrat, offering open views across the Costa Blanca interior. The town centre of Finestrat, with its weekly market and local bars, is within a short drive, as is the commercial hub of Benidorm and the beaches of Cala de Finestrat and Poniente. Finestrat Hills sits roughly 35 minutes from Alicante-Elche Airport (ALC) by road.Community fees are zero. IBI has not yet been assessed for this new-build property, and basura fees are not confirmed. 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. The energy certificate is rated G. 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, so it is worth checking before you finalise your budget.The plot includes a terrace area with views across the surrounding hills and space for the two included parking spaces. The single-storey layout gives the outdoor areas direct connection to all main living spaces. Plot dimensions are not yet confirmed in the listing record, and buyers should request the full escritura documentation from the developer prior to reservation.

Features

  • New build
  • Single-storey layout
  • 3 bedrooms
  • 2 bathrooms
  • 282m² build size
  • Ground-floor living
  • 2 parking spaces
  • No community fees
  • Direct terrace access from dining area
  • 35 minutes from Alicante-Elche Airport
  • Energy rating G

Property Details

Property TypeVilla
Bedrooms3
Bathrooms2
Built Area270 m²
Plot Size396 m²
Floor0
Energy CertificateG
Reference96231140-02

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 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% of the purchase price. ITP does not apply to new builds. On top of those taxes, allow roughly EUR 600–1,200 for notary fees, EUR 400–800 for land registry fees, and around 1% of the purchase price plus VAT for legal representation. 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 — so it is worth checking before you finalise your budget.
Can I get a mortgage as a non-resident buyer?
Spanish lenders typically offer non-resident buyers a loan-to-value of 60–70%, meaning a deposit of 30–40% of the purchase price is usually required. Current variable and fixed mortgage rates in Spain generally range from around 3.5% to 4.5%, though the rate you are offered will depend on your financial profile and the lender. Your legal representative can recommend mortgage brokers experienced with non-resident applications.
What are the ongoing running costs for this property?
Community fees are zero for this property. IBI (annual council tax) has not yet been assessed, as the property is a new build; the figure will be set by Finestrat town hall once the catastral reference is registered. Basura (waste collection) charges are also unconfirmed at this stage. Your solicitor can obtain indicative IBI figures from the local authority before exchange.
Can I view this property remotely before travelling to Spain?
Yes. OceanHome can arrange a live video viewing of the property and the surrounding Finestrat Hills area at a time that suits you. This is a practical first step before committing to a trip, particularly for new-build properties where show-home visits can also be organised through the developer.
Does this property have rental potential?
Finestrat Hills attracts both long-term residents and short-term visitors owing to its proximity to Benidorm and the Costa Blanca beaches. New-build villas of this size in the area can be suitable for holiday letting, subject to obtaining a tourist licence from the Valencian Community. Your solicitor can advise on the current licensing requirements and any restrictions that apply to the specific plot.
What is the typical purchase process for a new-build villa in Spain?
You will first need a Spanish NIE (tax identification number), which your solicitor can obtain on your behalf. The process then typically involves a reservation agreement and payment of a reservation fee to secure the property, followed by a private purchase contract with a staged payment schedule. On completion, the title deed (escritura) is signed before a notary and the property is registered in your name at the land registry. Engaging an independent solicitor before signing anything is strongly advised.

Price

€890,000€3,296/m²

Ref: 96231140-02

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
270 m²
Plot Size
396 m²
Energy Rating
G