New Development: Sea View Apartments in Finestrat

Every apartment in this development has 2 bedrooms and 2 bathrooms across 66 m² of interior space, plus a 21 m² terrace with Mediterranean views. The units come with aluminium windows with thermal break and double glazing, LED lighting throughout, furnished bathrooms with backlit mirrors, and an armoured entrance door. One underground parking space is included in the price.

The communal areas are where the development earns its keep for both families and rental guests. There are three swimming pools, an indoor gym and an outdoor fitness area, a padel court, a children's playground, and landscaped walking paths. The complex is fully gated with controlled access.

Finestrat has grown quickly as a residential town for European expats, particularly Scandinavian, British, and Dutch families. The draw is straightforward: you're 10 minutes from Benidorm's Levante and Poniente beaches, 3 km from La Marina Shopping Centre, 5 km from Terra Mítica and Aqualandia theme parks, and 55 km (about 40 minutes) from Alicante-Elche airport with year-round European flights.

For families, Finestrat has access to several international schools in the area — including Benidorm's El Limonar International School and the Lope de Vega International School in nearby La Nucia. The Villajoyosa Hospital and Benidorm's Hospital IMED Levante are both within a 15-minute drive. Community fees for developments like this typically run €80–€120 per month, and annual IBI property tax for a 66 m² apartment in Finestrat is in the €400–€600 range.

On the investment side, Finestrat sits in a sweet spot. It's cheaper per square metre than equivalent new builds in Benidorm, but close enough that rental guests barely notice the difference. Short-term holiday rental yields in this part of the Costa Blanca typically range from 5% to 7% gross, with peak season (June–September) generating the bulk of income. A well-managed two-bedroom apartment in this area can bring in €1,200–€1,800 per month during high season, dropping to €600–€800 in the shoulder months.

The alternative is targeting year-round expat tenants. Long-term rentals to families or remote workers in Finestrat fetch €800–€1,000 per month, which translates to roughly 3.5–4% gross yield — lower than short-term, but with fewer vacancy gaps and no seasonal management headaches. For owners who don't live nearby, this is often the smarter play. Read our rental income guide for a full breakdown of the numbers, and use our rental income calculator to model your specific scenario.

Finestrat sits at the foot of the Puig Campana mountain (1,406 m), with the Mediterranean coastline stretching out below. The old village has a handful of restaurants and a small supermarket, but day-to-day life revolves around the services in nearby Benidorm and La Nucia.

The development is connected to the AP-7 motorway, making Alicante city a 40-minute drive south and Valencia about 90 minutes north. The immediate area includes Mercadona and Lidl supermarkets, several international restaurants, pharmacies, and a medical centre. Puig Campana itself is one of the best hiking spots on the Costa Blanca — the main trail starts just 15 minutes from the development. For a full overview of the buying process in Spain, see our new-build buying guide, or check what to expect with costs and taxes.