New-Build 4-Bedroom Villa in Finestrat Hills, Finestrat
Centro, Finestrat · Alicante
4 Bed3 Bath244 m²547 m² plotEnergy: G
Description
A new-build villa in Finestrat Hills sits on a 547m2 plot and offers 244m2 of built space across 4 bedrooms and 3 bathrooms. Alicante-Elche Airport is 35 minutes away by car, making this a practical choice for international buyers. The price per m2 of built area works out at approximately EUR 3,668. The energy rating is G, which is common for new villa construction in this region.Finestrat Hills sits above the town of Finestrat, a small inland municipality in the Marina Baixa comarca. The old village centre, with its weekly market and local restaurants along Carrer Major, is a short drive downhill. The resort strip of Benidorm's Poniente beach is around 5 kilometres from the Finestrat Hills area, and the commercial centre of La Marina Baixa provides supermarkets and everyday services within a few kilometres.The annual IBI figure is not currently confirmed and buyers should request this from the agent before exchange. Community fees are EUR 0 per year. As a new build in the province of Alicante, the applicable purchase tax is IVA at 10% rather than ITP, which amounts to EUR 89,500 on the asking price. Legal fees, notary costs and land registry fees should be budgeted at a further 2 to 3% of the purchase price.The 547m2 plot provides space for a private garden and outdoor area. Exact terrace dimensions and pool specification should be confirmed with the agent, as full build details are available on request for this new-build project.
Features
- New build
- Private garden
- Private pool
- 4 bedrooms
- 3 bathrooms
- 547m2 plot
- 244m2 build
- Air conditioning
- Private parking
- Terraced outdoor area
- Mountain views
- No community fees
Property Details
| Property Type | Villa |
| Bedrooms | 4 |
| Bathrooms | 3 |
| Built Area | 244 m² |
| Plot Size | 547 m² |
| Floor | 0 |
| Energy Certificate | G |
| Reference | 86656530-01 |
Distances & Nearby
- airport
- 35 min (Alicante-Elche ALC)
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Location
Centro, Finestrat · 38.5476, -0.1750
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 895,000 asking price?
As this is a new build, IVA at 10% applies instead of ITP, adding EUR 89,500. Notary fees typically run EUR 600 to 1,200, land registry fees EUR 400 to 800, and independent legal fees around 1% of the purchase price plus VAT. Budget a total of roughly 13 to 14% on top of the purchase price to cover all acquisition costs.
Can non-residents get a mortgage on this property?
Yes. Spanish banks generally lend up to 60 to 70% of the purchase price or valuation to non-residents, meaning a deposit of 30 to 40% is typically required. On EUR 895,000 that equates to between EUR 268,500 and EUR 358,000. Current variable and fixed mortgage rates in Spain range from approximately 3.5% to 4.5% depending on the lender and term.
What are the ongoing running costs for this villa?
Community fees are EUR 0 per year. The annual IBI (council tax) figure has not been confirmed for this new-build plot and should be requested directly from the agent. Utility connection costs and basura (refuse collection) charges will also apply once the property is completed and occupied.
Can I view this property remotely before travelling to Spain?
Yes. Our team can arrange a live video viewing via WhatsApp or video call at a time that suits you. A full set of 50 photographs is available in the gallery, and the agent can walk you through the plans and plot in detail during a remote session.
Does this villa have rental potential?
Finestrat Hills is close to Benidorm, one of the Costa Blanca's most active short-term rental markets. Villas with private outdoor space in this area can attract holiday rental demand, particularly in summer months. A tourist rental licence from the Generalitat Valenciana is required before letting the property and your legal adviser can guide you through this process.
What is the process for buying a new-build villa in Spain?
You will first need an NIE (Número de Identificación de Extranjero), which your Spanish solicitor can apply for on your behalf. Once you agree terms, a reservation deposit is paid to take the property off the market, followed by a private purchase contract with a further stage payment. The final balance is paid at the notary on completion, at which point title transfers to you. Independent legal representation is strongly advised throughout.

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
- 4
- Bathrooms
- 3
- Build Size
- 244 m²
- Plot Size
- 547 m²
- Energy Rating
- G


