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NEW APARTMENTS, TERRACED and DETACHED HOUSES / VILLAS FOR SALE IN BALCON DE FINESTRAT, ALICANTE, ON THE COSTA BLANCALocated in a quiet, well-communicated area close to Benidorm, beaches and the Puig Campana golf course.Phase one of latest residential development in the Balcon de Finestrat housing estate, features 30 apartments and 14 terraced houses. Situated less than 8 km from Finestrat Cove and the beaches of Benidorm.The 2- and 3-bedroom apartments, which have 2 bathrooms, and the 3-bedroom terraced and detached houses / villas which have 3 bathrooms, are carefully laid out and offer beautiful views over the communal areas, the swimming pool and private gardens, the surrounding natural environment and the Benidorm skyline. A number of properties also have sea views.Built with excellent, high-quality materials, the new homes form an attractive residential complex, with private outdoor parking, storage rooms, garden areas and a children’s play area. The apartments share a communal swimming pool. In the case of terraced houses and villas, a private swimming pool is optional.El Balcon de Finestrat is only a few kilometres away from all the necessary services: La Marina shopping centre, restaurants, supermarkets, schools, chemists, banks, etc.Set in a magnificent natural environment between the towns of Finestrat and Benidorm – and their magnificent beaches – one of the best possible options when it comes to buying a property on the Costa Blanca.Expected Phase 1 delivery date (apartments and terraced houses): March 2025.APARTMENTS from 242.000€ + VATTOWNHOUSES from 367.000€ + VAT
Property Features
- 2 bedrooms
- 2 bathrooms
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
24,400€
Final Payment of 90% on completion
246,600€
Property Purchase Expenses
Property price
274,000€
Transfer tax 8%
21,920€
Notary fees (approx)
600€
Land registry fees (approx)
600€
Legal fees (approx)
1,500€
* Transfer tax is based on the sale value or the cadastral value whichever is the highest.
** The information above is displayed as a guide only.
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In Spain, two primary taxes are associated with property purchases: IVA (Value Added Tax) and ITP (Property Transfer Tax). IVA, typically applicable to new constructions, stands at 10% of the property's value. On the other hand, ITP, levied on resale properties, varies between regions but generally ranges from 6% to 10%.
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