New-Build 5-Bed Villa with Solarium, Sierra Cortina
Sierra Cortina, Finestrat · Alicante
5 Bed4 Bath365 m²590 m² plotEnergy: G
Description
Built across 365 m2 on a 590 m2 plot, this new-build villa in Sierra Cortina, Finestrat delivers 5 bedrooms and 4 bathrooms. The solarium adds a further level of usable outdoor space above the main structure. At EUR 2,600,000, the price per m2 of built space is approximately EUR 7,123. Alicante-Elche Airport is reachable in around 35 minutes by car.Sierra Cortina is a residential urbanisation in Finestrat, set on elevated terrain above Benidorm's coastline. The area sits between the N-332 coastal road and the AP-7 motorway, giving straightforward access to Benidorm's town centre roughly 5 km to the east. Golf Bahía and Golf Altea are both within a short drive, and the commercial centre of La Marina is accessible within approximately 10 minutes. The hillside position of Sierra Cortina means many plots benefit from open outlooks towards the coast and the Puig Campana mountain.This is a new-build property, so VAT at 10% applies rather than transfer tax, bringing that element of purchase costs to EUR 260,000. Notary fees are typically EUR 600 to 1,200 and land registry fees EUR 400 to 800, plus legal fees of around 1% of the purchase price plus VAT. No community fees are recorded for this property. The IBI figure is not yet available from the local authority. The energy certificate is rated G.The 590 m2 plot provides space for a garden and private pool area alongside the villa's footprint of 365 m2. The solarium on the upper level offers additional outdoor space suitable for seating or sunbathing, with open views across the surrounding landscape. Exact terrace dimensions are available on request from the agent.
Features
- New build
- Solarium
- Private pool
- Private garden
- 5 bedrooms
- 4 bathrooms
- Build size 365 m2
- Plot size 590 m2
- Air conditioning
- Underground parking
- Built-in wardrobes
Property Details
| Property Type | Villa |
| Bedrooms | 5 |
| Bathrooms | 4 |
| Built Area | 365 m² |
| Plot Size | 590 m² |
| Floor | 0 |
| Energy Certificate | G |
| Reference | 90600466-01 |
Distances & Nearby
- airport
- 35 min (Alicante-Elche ALC)
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Location
Sierra Cortina, Finestrat · 38.5535, -0.1805
About Sierra Cortina, 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 2,600,000 asking price?
As a new-build property, VAT (IVA) at 10% applies, totalling EUR 260,000. You should also budget for notary fees of approximately 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 (approximately EUR 26,000 plus VAT). Total additional costs are typically around 12 to 13% of the purchase price.
Can non-residents obtain a mortgage for this property?
Yes. Spanish lenders generally offer non-residents up to 60 to 70% loan-to-value, meaning a deposit of 30 to 40% is required. On EUR 2,600,000 that equates to a deposit of roughly EUR 780,000 to EUR 1,040,000. 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?
No community fees are recorded for this property. The annual IBI (council tax) figure has not yet been issued by the local authority and will be confirmed once available. Utility connections and refuse collection costs should be confirmed with the developer and Finestrat town hall.
How can I arrange a viewing?
You can book an in-person viewing at the site in Sierra Cortina, Finestrat, or request a video viewing if you are unable to travel. Contact the OceanHome team to confirm availability and to arrange a tour at a time that suits you.
Is this property suitable as a rental investment?
Sierra Cortina is close to Benidorm, one of the Costa Blanca's busiest tourist destinations, which generates consistent short-term rental demand. New-build villas of this size in urbanisations near Benidorm attract both holiday lettings and longer corporate or seasonal rentals. A tourist licence from the Comunitat Valenciana is required for holiday lets. Your agent or legal adviser can advise on the licence process and local market demand.
What does the purchase process involve?
First, you will need a Spanish NIE number (foreigner identification number), which your solicitor can obtain on your behalf. Once terms are agreed, a reservation contract is signed and a small 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 of typically 10% is paid. The transaction is completed before a Spanish notary, at which point the remaining balance and all taxes and fees are settled.
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
- 5
- Bathrooms
- 4
- Build Size
- 365 m²
- Plot Size
- 590 m²
- Energy Rating
- G
