ILP Inmobiliaria La Palma
We are a small and flexible team of professionals with more than 30 years of experience in the real estate sector. We will be happy to assist you in English, Spanish, German, French and Portuguese.
Leo Bohnke
Anne Zobel
Martina Warbeck
Carola Wagner
Property with old houses to be renovated, in an absolute quiet location
In an environment of absolute tranquility, in the locality of La Sabina, municipality of Mazo, this rustic property with great potential is situated. Located at an altitude of approximately 650 metres, it offers views of both the sea and the mountains, making it a special place for those seeking peace and privacy.
The property spans about 4,000 m² of land and has two old single-storey houses that require complete renovation. The first, with an area of about 80 m², and the second, of about 25 m², are built with traditional materials such as Canarian roofs and stone walls, giving them an authentic and rustic character. Additionally, the property includes a threshing floor and an old water cistern.
Although the buildings require restoration, the possibilities of this space are many. Electricity and water are nearby, facilitating its rehabilitation. The land, partially levelled into terraces and with a slight slope, is suitable for cultivation, with good quality soil just waiting to be worked.
Access is comfortable, with a direct entry from a secondary road.
It is an excellent opportunity for those who enjoy restoring old houses in a quiet and natural setting. Moreover, the owner has another nearby property that might be of interest.
LOCATION:
- Municipality of MAZO
- Locality of LA SABINA
- With a mountain and a sea view
- ca. 650 m above sea level
DESCRIPTION:
- The property has in total approx. 4.000 m²
- Single storied antique house of approx. 80 m² overbuilt space
- Single storied antique house of approx. 25 m² overbuilt space
- Threshing floor
- Old cistern
GENERAL CONDITION:
- All the buildings are in need of a complete renovation
BUILDING MATERIALS:
- Antique canarian roofs
- Stone walls
SUPPLIERS:
- Electricity nearby
- Water supply nearby
GROUND:
The property has approx. 4.000 m²
- Land partially levelled into terraces
- With a slight slope
- Property left in its natural state
ROAD COMMUNICATION:
- Entrance directly from a small secondary road
DRIVING DISTANCES:
- Airport in about 16 minutes
- Hospital approx. 24 minutes
- Santa Cruz in about 28 minutes
- El Paso in about 35 minutes
- Los Llanos in about 45 minutes
MORE INFORMATION:
- The owner of this property has another one located very close to this one, with the reference M159, in case the future buyer might also be interested
- Great location with fantastic views that can’t be obstructed to the sea and adjacent islands
- Property in a very quiet place
- Expandable building
- Good farmland
For lovers of old house restoration!
We can help you to get a mortgage with the best conditions:
- We can get the best conditions among more than 20 banks.
- You will be able to carry out almost all the procedures from your home. We will ask you for the necessary information and documents and we will take care of the follow-up.
- We will not charge you anything for this procedure.
- Leave us your contact data and we will get in touch with you.
ADDITIONAL COSTS WHEN BUYING A PROPERTY:
Every purchase of real estate causes additional costs to the stated selling price, generally in the range of 10 to 11 %. These expenses are usually the following:
- the land transfer tax: 6.5 % of the purchase price
- the costs of land registration
- the notary fees
- the costs of changing ownership in the cadastre
- the professional fee payable by the buyer to the real estate agency: 3 % (minimum 1,800 Euros, IGIC not included) of the real purchase price
Additional costs and variations to be considered:
- the mortgage costs, in the case of financing the purchase
- If the seller is a promoter, there is no land transfer tax to pay, but 7 % IGIC plus 1 % for documented juridic acts tax, of the purchase price
