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4-Bedroom New-Build Villa on 603m2 Plot, Finestrat Hills

Centro, Finestrat · Alicante

4 Bed3 Bath242 m²603 m² plotEnergy: G

Description

A 4-bedroom, 3-bathroom new-build villa in Finestrat Hills, this property covers 242m2 of internal space on a 603m2 private plot, with a private pool subject to final specification and a private garage included. The ground floor delivers an open-plan living and dining area with glazed doors leading to the rear terrace and garden. No community fees are payable, and the property carries an energy rating of G.Finestrat Hills sits in elevated inland terrain above Benidorm, giving residents quick access to the AP-7 motorway and the N-332 coastal road. The nearest beach, supermarket and golf courses are reachable by car, and distances are available from the agent. Alicante-Elche Airport is approximately 35 minutes away, making this location practical for both year-round residents and those travelling regularly between the UK and Spain.As a new-build transaction in the Valencian Community, buyers pay IVA at 10% of the purchase price plus AJD stamp duty at 1.4%. ITP does not apply. Notary fees typically run EUR 600 to 1,200 and land-registry fees EUR 400 to 800. Legal fees are generally around 1% of the purchase price plus VAT. Reduced rates and local allowances may apply if you meet this region's conditions, and this is worth confirming before you finalise your budget. IBI has not yet been assessed for this property, and no annual community charge applies.The 603m2 plot in Finestrat Hills provides space for a private garden alongside the pool area, with a covered outdoor terrace accessible from the living room. A driveway leads to the private garage. Landscaping and boundary treatment form part of the final specification, and buyers should confirm exact finish details with the agent before exchange.

Features

  • New build
  • 4 bedrooms
  • 3 bathrooms
  • 242m2 build area
  • 603m2 private plot
  • Private pool (subject to final specification)
  • Air conditioning
  • Private garage
  • Garden
  • No community fees
  • 35 minutes from Alicante-Elche Airport
  • Energy rating G

Property Details

Property TypeVilla
Bedrooms4
Bathrooms3
Built Area242 m²
Plot Size603 m²
Floor0
Energy CertificateG
Reference88231042-01

Distances & Nearby

✈️
airport
35 min (Alicante-Elche ALC)

Location

Centro, Finestrat · 38.5463, -0.1788


About Centro, Finestrat

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


Frequently Asked Questions

What purchase taxes and costs apply to this villa?
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. In addition, expect notary fees of 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. 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) — worth checking before you budget.
Can non-residents obtain a mortgage on this property?
Spanish banks typically lend non-residents up to 60 to 70% of the purchase price, meaning a deposit of 30 to 40% is usually required. Current variable and fixed mortgage rates for non-residents generally range between 3.5% and 4.5% annually, though individual offers will vary by lender and applicant profile. We recommend seeking independent mortgage advice before making an offer.
What are the ongoing running costs for this villa?
No community fees apply to this villa. IBI (annual council tax) has not yet been assessed for this new-build property; the figure will be established by the local authority once the property is registered on the catastro. You should also allow for annual refuse collection charges (basura), utility connections, and buildings insurance.
Can I arrange a viewing remotely?
Yes. Video viewings are available for buyers who are not currently in Spain, and we can arrange a live video call with the agent on site. In-person viewings can be booked at any time by contacting OceanHome directly. We recommend an in-person visit before proceeding to reservation.
What is the rental potential of a villa in Finestrat Hills?
Finestrat Hills sits within driving distance of Benidorm, one of the Costa Blanca's most active tourist destinations, which supports demand for short-term rental accommodation in the surrounding area. A tourist licence from the Valencian Community authorities is required before any short-term letting activity begins. We recommend speaking to a local property manager about realistic occupancy rates before purchase.
What does the purchase process involve?
You will first need a Spanish tax identification number (NIE), which can be obtained at a Spanish consulate in the UK or at a police station in Spain. Once terms are agreed, a reservation contract is signed and a deposit paid to secure the property. A private purchase contract (arras) follows, at which point a further deposit is typically paid. Completion takes place before a notary, at which point the balance of the purchase price and all applicable taxes and fees are settled. An independent Spanish lawyer should be appointed before you sign any document.

Price

€890,000€3,678/m²

Ref: 88231042-01

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
4
Bathrooms
3
Build Size
242 m²
Plot Size
603 m²
Energy Rating
G