Finestrat — Sierra Cortina
The new-build residential hillside of the Marina Baixa: developments delivered in phases high above the bay of Benidorm, between the Puig Campana and the sea.
Back to the Costa Blanca neighbourhoods
Airport
≈ 45 min from Alicante airport (direct Luxembourg flight ≈ 2 h 05)
Beach
La Cala de Finestrat beach 10 min away, Benidorm beaches 12 min away
Shops
La Marina shopping centre at the foot of the hillside, Benidorm shops 10 min away
Price range
€280,000 – €1.8M
The atmosphere
The municipality of Finestrat sits on two separate territories. Above, the white village has 7,000 inhabitants and stands at four hundred metres, at the foot of the Puig Campana, which rises to 1,406 metres. Below, a coastal strip joins Benidorm. On the slope between the two lies Sierra Cortina, the new residential sector of the Marina Baixa.
Developers have been delivering residences there in phases since the middle of the two thousands, and cranes are still part of the landscape. What you buy is contemporary architecture: large terraces, solariums, communal pools and villas with cubic volumes. The homes look over the bay of Benidorm, with a plunging view that the older areas no longer offer. The slope is steep, and the car is used every day.
Daily life relies on the neighbouring facilities. The La Marina shopping centre, one of the largest in the province, sits at the foot of the hillside. The Marina Baixa district hospital and the private clinics of Benidorm are ten minutes away, the international schools fifteen. The Villaitana golf resort and the Puig Campana course are on site, and Alicante airport is forty-five minutes away.
The market is dominated by new-build, which changes the calculation: ten-year structural guarantees, current thermal standards, VAT at 10% and AJD at 1.5% instead of the 10% ITP that hits resale. Prices per square metre are above those of Benidorm or Villajoyosa, for newer and better-equipped homes. The risk lies in the phases to come: they can change the view and the neighbours.
The micro-areas to know: Sierra Cortina, the new residential core on the hillside; the Balcón de Finestrat, lower down, halfway to the sea; La Cala de Finestrat, on the seafront at the Benidorm boundary. Then come the surroundings of Villaitana and Puig Campana, to live on the golf course, and the village of Finestrat, for stone, quiet and the lowest prices in the municipality.
The area suits buyers who want new-build delivered turnkey, an open sea view and large outdoor space. You have to accept depending on the car and living in a neighbourhood that is still taking shape. As supply here is almost entirely new, there is no renovation site to run from a distance.
Everyday life
- New residences with pools, spas and shared areas
- Open views over the bay of Benidorm and the Puig Campana
- La Marina shopping centre at the foot of the hillside
- Villaitana golf resort (two courses) and Puig Campana Golf
- Marina Baixa district hospital 10 min away
- Benidorm private clinics 10 min away
- International schools 15 min away
- The historic village of Finestrat and the Puig Campana trails
The property market
This is the new-build sector of the northern coast: schemes follow one another in phases on the slopes above the bay, blocks with a pool and a solarium, contemporary villas on the hillside. The tax regime is the new-build one, 10% VAT plus 1.5% AJD. Expect apartments from €280,000 to €600,000, penthouses up to €900,000 and villas from €700,000 to €1.8M, that is €3,000 to €4,200/m² against €2,200 to €3,400/m² for resale in Benidorm.
Observed price range: €280,000 – €1.8M
Who is it for?
The area suits buyers who want new-build delivered turnkey, an open sea view and large terraces, with no renovation site to run from a distance. The typical Luxembourg profile is a working couple buying off plan to prepare for retirement or for a long-term second home. The direct flight between Luxembourg and Alicante takes 2 h 05.
Strengths
- The largest new-build supply on the northern coast, delivered turnkey
- Ten-year structural guarantees and current thermal standards
- Views over the bay that the older areas no longer offer
- Golf, shopping centre and clinics less than ten minutes away
- Alicante airport 45 min away, direct flight from Luxembourg
- New-build taxation: 10% VAT plus 1.5% AJD, known in advance
Things to consider
- An area under construction: neighbouring sites and views that may change with the phases to come
- No village life in the new part: shops, schools and leisure are in Benidorm
- A car is essential: the gradients of the hillside rule out doing everything on foot
Our view
We follow the Finestrat — Sierra Cortina market day to day, work directly with the developers and analyse each scheme, its location and its surroundings before presenting it to you. Tell us what you are looking for: we will prepare a selection that fits your plans, on site or from Luxembourg.
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