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New-Build 6-Bedroom Villa in Finestrat Hills, Finestrat

Centro, Finestrat · Alicante

6 Bed4 Bath348 m²350 m² plotEnergy: G

Description

This new-build villa in Finestrat Hills delivers 348 m2 of built space on a 350 m2 plot, with 6 bedrooms and 4 bathrooms. The property sits within a hillside development approximately 35 minutes from Alicante-Elche Airport (ALC). Two private parking spaces are included, and an alarm system is fitted as standard. The energy rating is G, which is typical of new constructions pending final habitation certification.Finestrat Hills forms part of the wider Finestrat municipality, rising above the coastal strip between Benidorm and Villajoyosa. The historic village centre of Finestrat, with its weekly market and local restaurants on Carrer Major, is within a short drive. The Terra Mítica theme park and the commercial area of La Marina de Finestrat are nearby, and the beaches of Cala de Finestrat are accessible by car along the CV-758.At EUR 755,500, the price per m2 of built area works out at approximately EUR 2,171. There are no community fees for this property. IBI has not yet been assessed, as this is a new build. The applicable purchase tax is IVA at 10%, amounting to EUR 75,550, plus stamp duty (AJD) at approximately 1.5%. Buyers should also allow EUR 600 to 1,200 for notary fees, EUR 400 to 800 for land registry fees, and around 1% of the purchase price plus VAT for independent legal advice.The 350 m2 plot provides outdoor space around the villa with scope for a private pool or landscaped garden, subject to planning permissions. Two dedicated parking spaces are integrated into the plot, and the hillside position in Finestrat Hills gives the property elevated aspects over the surrounding terrain.

Features

  • New build
  • 6 bedrooms
  • 4 bathrooms
  • 348 m2 build area
  • 350 m2 plot
  • 2 private parking spaces
  • Alarm system
  • Ground-floor entry
  • No community fees

Property Details

Property TypeVilla
Bedrooms6
Bathrooms4
Built Area348 m²
Plot Size350 m²
Floor0
Energy CertificateG
Reference62564781-01

Distances & Nearby

✈️
airport
35 min (Alicante-Elche ALC)

Location

Centro, Finestrat · 38.5449, -0.1746


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 755,500 asking price?
As a new build in Alicante province, you pay IVA (VAT) at 10% rather than transfer tax, which comes to EUR 75,550. Stamp duty (AJD) adds approximately 1.5%, or around EUR 11,333. You should also allow EUR 600 to 1,200 for notary fees, EUR 400 to 800 for land registry fees, and roughly 1% of the purchase price plus VAT for independent legal advice. Total additional costs typically run to 13 to 15% of the purchase price.
Can non-residents get a mortgage on this property?
Yes. Spanish banks generally lend up to 60 to 70% of the purchase price to non-residents, meaning a deposit of 30 to 40% is required. On EUR 755,500, that equates to a minimum deposit of approximately EUR 226,650. Current mortgage rates from Spanish lenders are broadly in the range of 3.5 to 4.5% annually, though terms vary by lender and applicant profile.
What are the ongoing running costs for this villa?
There are no community fees for this property. IBI (annual property tax) has not yet been assessed, as this is a new build; the figure will be confirmed once the property is registered with the local catastro. Buyers should also budget for utility connection costs and home insurance in addition to IBI once assessed.
Can I arrange a viewing, and is a remote option available?
Yes. In-person viewings can be arranged through OceanHome at a time that suits you. If you are not currently in Spain, we can also arrange a live video viewing so you can walk through the property in real time with one of our agents before committing to travel.
Does this villa have rental potential?
Finestrat Hills sits within the Costa Blanca tourist corridor, close to Benidorm, which generates strong short-term rental demand throughout the year. A 6-bedroom villa of this size is well-suited to larger family or group lettings. You will need a tourist rental licence from the Generalitat Valenciana before letting commercially; our team can advise on the application process.
What does the purchase process involve?
First, you will need an NIE (Número de Identificación de Extranjero), the tax identification number required for all property transactions in Spain. Once the price is agreed, a reservation contract is signed and a holding deposit paid, typically EUR 3,000 to 6,000. A private purchase contract (arras) follows, at which point 10% of the price is exchanged. Completion takes place before a Spanish notary, where the balance is paid and keys are handed over. We strongly recommend appointing an independent Spanish solicitor throughout.

Price

€755,500€2,171/m²

Ref: 62564781-01

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
6
Bathrooms
4
Build Size
348
Plot Size
350
Energy Rating
G