New-Build 4-Bed Villa in Finestrat Hills, Finestrat
Centro, Finestrat · Alicante
4 Bed5 Bath571 m²671 m² plotEnergy: G
Description
One of only 11 homes in this new-build development in Finestrat Hills, this villa delivers 571m2 of built space across a 671m2 private plot, with 4 bedrooms, 5 bathrooms, a private pool, and a home automation system throughout. The development sits approximately 3km from the coast, placing daily amenities and beach access within easy reach. Alicante-Elche Airport (ALC) is around 35 minutes by car.Finestrat Hills occupies elevated ground above the town of Finestrat, with views towards the Sierra Cortina ridge and the coastline near Benidorm. The nearby Cala Finestrat cove is a short drive down the hill, and the N-332 coastal road connects residents quickly to Benidorm, La Vila Joiosa, and the wider Costa Blanca. Local shops and restaurants in Finestrat town centre are within a few minutes by car, and the Terra Mitica leisure complex is close by.This is a new-build property in the Valencian Community, so the purchase carries IVA (VAT) at 10% of the purchase price plus AJD stamp duty at 1.4%. ITP does not apply. Reduced rates and local allowances may exist if you meet the region's conditions, such as age, large-family or disability status, or buying a primary residence. IBI and community fees figures are not yet confirmed and should be requested from the agent. The energy rating is G.The 671m2 private plot includes a private garden and terrace, with outdoor seating space adjoining the living areas. A private pool sits within the garden, and the development also provides a communal pool and shared gardens for all residents.
Features
- Private pool
- Communal pool
- Private garden
- Terrace
- Home automation system
- Built-in wardrobes
- Electric blinds
- Video intercom
- High-end kitchen appliances
- Air conditioning
- 4 bedrooms
- 5 bathrooms
Property Details
| Property Type | Villa |
| Bedrooms | 4 |
| Bathrooms | 5 |
| Built Area | 571 m² |
| Plot Size | 671 m² |
| Floor | 0 |
| Energy Certificate | G |
| Reference | 69537374-03 |
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 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%. ITP does not apply. Note that 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 the region's conditions, for example age, large-family or disability status, or buying a primary residence. On top of taxes, allow for notary fees (typically EUR 600–1,200), land registry fees (typically EUR 400–800), and legal representation at around 1% of the purchase price plus VAT.
Can I get a mortgage as a non-resident buyer?
Spanish lenders generally offer non-residents a loan-to-value ratio of 60–70%, meaning a deposit of 30–40% of the purchase price is typically required. Current variable and fixed mortgage rates in Spain range from approximately 3.5% to 4.5%, though the rate offered will depend on your lender, financial profile, and chosen product. A mortgage broker with experience in cross-border lending can help you compare options before making an offer.
What are the ongoing running costs for this villa?
The annual IBI (council tax) and basura (waste collection) charges have not yet been confirmed for this property; please ask the agent for the latest figures or an estimate. Community fees for this development are listed as nil, though this should be verified directly, as charges can be introduced once a community of owners is formally established. Utility connections (electricity, water) will be additional and will vary with usage.
Can I arrange a viewing remotely?
Yes. In addition to in-person visits, our agents can arrange a video viewing via WhatsApp, FaceTime, or a video call platform of your choice. For new-build properties such as this one, we can also walk you through architectural renders, floor plans, and the development's specification documents during a remote session. Contact us to book a time that suits you.
Is this villa suitable as a rental investment?
Finestrat Hills sits close to the Benidorm area, one of the Costa Blanca's most active tourist markets, which creates demand for quality holiday rentals. To let the property on a short-term basis you will need a Valencian Community tourist licence, and occupancy and income will depend on management, pricing, and the season. We recommend speaking to a local rental management company for realistic occupancy estimates before committing.
What does the purchase process involve?
First, you will need a Spanish NIE (foreigner identification number), which can be obtained in Spain or through a Spanish consulate in your home country. Once you agree terms, a reservation contract is signed and a reservation deposit paid to take the property off the market. This is followed by a private purchase contract (arras or contrato de compraventa), at which point a further deposit, typically 10% of the purchase price, is paid. The balance is settled at the notary on the day of completion, when title transfers to you and the deed is signed. Independent legal advice throughout this process is strongly recommended.
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Co-founder of OceanHome. Helping international buyers find their dream property in Spain since 2004.
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Key Details
- Type
- villa
- Bedrooms
- 4
- Bathrooms
- 5
- Build Size
- 571 m²
- Plot Size
- 671 m²
- Energy Rating
- G
