New-Build 8-Bedroom Villa in Sierra Cortina, Finestrat
Sierra Cortina, Finestrat · Alicante
8 Bed5 Bath0 m²890 m² plotEnergy: G
Description
This new-build villa in Sierra Cortina sits on an 890 m2 plot and offers 8 bedrooms and 5 bathrooms across multiple levels. The plot size provides substantial outdoor space for a private pool, garden, and terraces. Alicante-Elche Airport is approximately 35 minutes by car, making it practical for owners who travel frequently. The energy rating is G.Sierra Cortina is a private residential area in Finestrat, positioned between Benidorm and the Puig Campana mountain. The urbanisation sits above the N-332 coastal corridor, with Benidorm's Levante and Poniente beaches reachable in under 15 minutes by car. The Sierra Cortina Golf and Beach Resort facilities are within the urbanisation itself, and the commercial centre of Finestrat village is approximately 5 minutes by car. La Marina Baixa hospital in Villajoyosa is around 20 minutes away.At EUR 4,450,000, the asking price does not include acquisition costs. As a new build, VAT applies at 10%, adding EUR 445,000. Notary fees are typically EUR 600 to 1,200, land registry fees EUR 400 to 800, and legal fees approximately 1% of the purchase price plus VAT. No community fees are currently registered. IBI has not yet been assessed for this new build. The energy performance certificate is rated G.The 890 m2 plot allows for a private swimming pool, landscaped garden, and covered terrace areas. Sierra Cortina plots at this scale are uncommon, and the elevated position within the urbanisation provides open views towards the coast and Benidorm skyline. Buyers requiring a large-footprint villa with significant outdoor space will find few comparable options within the urbanisation at this plot size.
Features
- 8 bedrooms
- 5 bathrooms
- New build
- Private plot of 890 m2
- Private swimming pool
- Multiple terraces
- Garage
- Air conditioning
- Underfloor heating
- Built-in wardrobes
- Mountain and sea views
- Gated urbanisation
- 35 minutes to Alicante-Elche Airport
Property Details
| Property Type | Villa |
| Bedrooms | 8 |
| Bathrooms | 5 |
| Built Area | 0 m² |
| Plot Size | 890 m² |
| Floor | 0 |
| Energy Certificate | G |
| Reference | 36155132-01 |
Distances & Nearby
- airport
- 35 min (Alicante-Elche ALC)
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Location
Sierra Cortina, Finestrat · 38.5677, -0.2124
About Sierra Cortina, Finestrat
Finestrat is one of the most popular destinations on Spain's Costa Blanca.
Frequently Asked Questions
What are the total purchase costs on top of the asking price?
As this is a new-build property in Alicante province, VAT (IVA) applies at 10% rather than transfer tax (ITP). On a price of EUR 4,450,000, that amounts to EUR 445,000 in VAT. 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. Total acquisition costs typically run to around 12% of the purchase price.
Can non-residents obtain a mortgage for this property?
Non-resident buyers can access Spanish mortgages, though lenders generally require a deposit of 30 to 40% for a property at this price level. On EUR 4,450,000, that means having EUR 1,335,000 to EUR 1,780,000 available as a deposit. Current variable and fixed rates from Spanish lenders sit broadly in the 3.5% to 4.5% range, though terms vary by lender and applicant profile.
What are the ongoing running costs for this villa?
No community fees are currently registered for this property. IBI (local property tax) has not yet been assessed, as this is a new build; the figure will be set by Finestrat town hall once the property is registered. Utility contracts for water and electricity will need to be set up upon completion. Refuse collection charges (basura) are also set locally and are not yet available for this property.
Can I arrange a viewing remotely before visiting in person?
Yes. OceanHome can arrange a video viewing of the site and available show materials, including floor plans, for buyers who are not yet able to travel to the Costa Blanca. In-person viewings of Sierra Cortina can be combined with other Finestrat properties on the same visit. Contact us to schedule either option.
What is the rental potential of a villa in Sierra Cortina, Finestrat?
Finestrat and the adjacent Benidorm area attract high tourist volumes throughout the year, and large villas with private pools in Sierra Cortina can be licensed for holiday rental under Valencian Community regulations. The municipal tourist licence application is handled through Finestrat town hall. An 8-bedroom property at this specification has the capacity to accommodate larger groups, which tends to support stronger weekly rates during the summer season. We recommend speaking with a local rental management company for realistic occupancy projections.
What does the purchase process involve for a property in Spain?
You will first need an NIE (Número de Identificación de Extranjero), which is a Spanish tax identification number for foreign buyers. Once terms are agreed, a reservation contract is signed and a holding deposit paid, typically EUR 6,000 to 10,000, to take the property off the market. This is followed by a private purchase contract (contrato de arras), where around 10% of the price is paid and both parties are legally committed. The final step is signing before a Spanish notary, at which point the balance is transferred and the title deed (escritura) is issued. A Spanish solicitor is strongly recommended 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
- 8
- Bathrooms
- 5
- Build Size
- 0 m²
- Plot Size
- 890 m²
- Energy Rating
- G
