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
Rustic plot of around 33,000 m² in the municipality of Mazo with potential for agricultural, livestock and tourism investment (*)
(*) NOTICE OF THE POSSIBILITY OF TOURIST USE: If the buyer intends to carry out a touristic construction project on the land, he is advised to find out about the necessary urban planning specifications before signing the contract in order to check the feasibility of the project, as the seller is selling the land in its current state and not with the result or expectation of a touristic project.
Rustic land of approximately 33,000 m² in the municipality of Mazo with multiple possibilities: agricultural, ganader, tourist or other investments, with the possibility of taking advantage of the Green Islands law and designing a touristic project. This expansive plot is situated in Malpaises, offering serene views of the sea and mountains from an altitude of about 320 metres above sea level.
The property is easily accessible via a dirt track and is just minutes from Santa Cruz de La Palma, the airport, and other points of interest such as the beach and hospitals, combining convenience and tranquillity in one location. The land, prepared for cultivation and already enhanced with terraces, is ready for use, complying with local regulations that require 80% of the terrain to be dedicated to agricultural crops.
It is important that, if you are considering developing a tourism project, you make the necessary inquiries to ensure that your idea is viable in this space, as it is sold as is, without guaranteeing approval for future projects.
With irrigation water already available, this plot offers an excellent opportunity for those looking to develop a bespoke project, leveraging both its agricultural and tourism potential in a naturally beautiful setting.
LOCATION:
- Municipality of MAZO
- Locality of MALPAISES
- With a mountain and a sea view
- ca. 320 m above sea level
DESCRIPTION:
- The property has in total approx. 33.000 m²
- Touristic use allowed (*)
- The number of beds and the buildable surface depend on each specific project
- It is a requirement that about 80% of the land is planted with agricultural crops.
SUPPLIERS:
- Electricity nearby
- Irrigation water available on the plot itself
GROUND:
The property has approx. 33.000 m²
- Land levelled into terraces
- With a slight slope
- Recent ground adaptation with bulldozer for terraced cultivation
- Fertile land in abundance for farming
ROAD COMMUNICATION:
- Good drivable way
- Unpaved track
DRIVING DISTANCES:
- Beach approx. 11 minutes
- Airport in about 15 minutes
- Santa Cruz in about 20 minutes
- Hospital approx. 23 minutes
- El Paso in about 35 minutes
- Los Llanos in about 45 minutes
MORE INFORMATION:
- Great location with fantastic views that can’t be obstructed to the sea and adjacent islands
- Property in a very quiet place
- Prepared for planting, but not cultivated
A property with many possibilities
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
