Finestrat Buying Guide
Finestrat: The Sweet Spot for First-Time Buyers
Finestrat sits between Benidorm and Alicante, offering first-time buyers more property for less than Calpe or Jávea. Here's what to know.
Why Finestrat Is the Sweet Spot
Finestrat is a small municipality tucked between Benidorm and Alicante on Costa Blanca North. It sits 25 minutes from Alicante-Elche airport, five minutes from Benidorm's beaches, and right next to the AP-7 motorway. For first-time buyers moving north from Costa Cálida or southern Costa Blanca, it occupies a geographic and economic sweet spot—close enough to major infrastructure to be practical, but far enough from the premium-price towns to remain affordable.
The old village, perched on a hillside beneath the Puig Campana mountain, retains a traditional character with narrow streets and a handful of restaurants. Below it, newer residential developments extend toward Benidorm and the coast, offering a mix of apartments and villas with views ranging from the Mediterranean to the Sierra Cortina.
New-build apartments in Finestrat start from around €275,000 for a two-bedroom unit, with most two- and three-bedroom options falling between €290,000 and €500,000. Villas in Finestrat begin at roughly €518,000 and range up to €1.15M for premium specifications. That's a different price bracket from budget destinations further south—but it's still significantly below comparable new builds in Jávea or Calpe, where equivalent apartments easily start above €400,000 and villas above €800,000. Finestrat's value lies in getting modern, high-spec new builds in a prime location without paying the premium of more established towns. For a full breakdown of buying expenses, see our costs and taxes guide.
The Building Boom: Opportunity and Risk
Finestrat is in the middle of a significant building boom. New residential developments are appearing across the municipality, particularly in the hillside areas above the old village and along the corridor toward La Cala de Finestrat. Projects range from apartment complexes with communal pools to detached villas with panoramic sea and mountain views.
This is not a one-time burst. Planning permissions already granted ensure construction will continue for several years. For buyers, this means steady supply and competitive pricing as developers compete for sales. It also means Finestrat is a growth area—restaurants, supermarkets, and services are expanding alongside the residential developments.
Protect Your Views and Sunlight
One critical consideration in any building-boom area: what gets built next to your property. A plot that sits empty today may host a four-storey apartment block tomorrow—blocking the sea view or afternoon sun you fell in love with during your viewing trip.
Before committing, request the Plan General de Ordenación Urbana (PGOU) from Finestrat town hall. This document shows zoning classifications, permitted building heights, and planned developments on neighbouring plots. Pay particular attention to plots between your property and the sea or to the south, as these determine your long-term views and sunlight exposure. A few hours of research here can prevent years of regret.
Building Boom Upside
Watch Out For
What's on the Market
New-build developments dominate Finestrat's property market—and for first-time buyers, that's largely an advantage. The current supply consists mainly of modern apartments, houses, and villas built to current energy standards, with communal pools, underground parking, and generous terraces as standard. Two-bedroom apartments start from around €275,000, with most options in the €290,000–€400,000 range. Three-bedroom apartments reach up to €565,000 for premium positions.
New-build villas with private pools and panoramic views start at €518,000, with the majority falling between €600,000 and €900,000. Semi-detached houses offer a middle ground at €370,000–€535,000. All come with 10-year structural warranties, modern insulation, and no renovation surprises—a significant benefit for buyers unfamiliar with Spanish building standards. With over 50 active listings, there's enough supply to compare specifications and negotiate, rather than competing for limited stock as you would in Calpe or Jávea.
New-Build Properties in Finestrat
New-Build Apartments
From €275K for 2-bed, up to €565K for 3-bed premium. Communal pools, underground parking, and terraces as standard.
New-Build Villas
From €518K, most €600K–€900K. Private pools, panoramic views, and 10-year structural warranties.
Houses & Townhouses
€370K–€535K for 2-3 bed semi-detached. A practical middle ground between apartments and villas.
Your Due-Diligence Checklist
Check the PGOU
Request the local urban plan from Finestrat town hall. It reveals zoning, permitted building heights, and future developments on surrounding plots. Never rely on a developer's verbal assurances alone.
Verify the Licencia de Primera Ocupación
For new builds, confirm the first occupation licence is obtainable. Without it, you cannot legally connect utilities or register the property. Read more in our legal requirements guide.
Inspect Infrastructure Plans
Roads, drainage, and water supply in growth areas can be incomplete. Check whether the urbanisation is fully received by the municipality before signing anything.
Hire an Independent Lawyer
Use a lawyer who does not work with the developer or estate agent. They should review the building contract, verify charges on the land, and confirm planning compliance. See our buying process guide.
Visit at Different Times
See the property on a weekday morning, a weekend afternoon, and after dark. Construction noise, traffic patterns, and neighbourhood character shift throughout the week.
Finestrat suits first-time buyers who want modern property on Costa Blanca North without the premium attached to established towns. It's well-positioned for families—Benidorm's international schools are minutes away—remote workers needing reliable infrastructure, and retirees wanting easy airport access. If you prioritise a settled, walkable village atmosphere or an established expat community, more mature towns like Altea or Moraira may be a better fit. For another value-focused area between premium towns, see our Benitachell property guide. Finestrat is a bet on growth, and for buyers who do their homework, the value proposition is compelling.
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