ILP Inmobiliaria La Palma

ATTRACTIVE TOURISTIC COMPLEX OF 7 APARTMENTS WITH GOOD OCCUPANCY

LOCATION:

• Municipality of PUNTALLANA
• Locality of TENAGUA
• calm environment
• With a mountain and a sea view
• ca. 420 m above sea level

DESCRIPTION:

- The property has in total approx. 1.920 m²

- Three-storey house of around 440 m² in total overbuilt space

  Ground floor

  Apartment 1

• Living-dining-kitchen
• 1 room
• 1 bathroom

  Apartment 2

• Living-dining-kitchen
• 1 room
• 1 bathroom

  Apartment 3

• Living-dining-kitchen
• 1 room
• 1 bathroom

  First floor

  Apartment 4

• Living-dining-kitchen
• 2 rooms
• 1 bathroom

  Apartment 5

• Living-dining-kitchen
• 2 rooms
• 1 bathroom

  Second floor

  Apartment 6

• Living-dining-kitchen
• 2 rooms
• 1 bathroom

  Apartment 7

• Living-dining-kitchen
• 2 rooms
• 1 bathroom

  Reception

  Laundry

- Pool area

• Swimming pool of ca. 40 m²
• 2 toilets
• Sun terraces

- Outside barbecue of ca. 42 m²

- Open parking space

GENERAL CONDITION:

• Good general conditions

BUILDING MATERIALS:

• Walls made of common hollow blocks
• Reinforced concrete hollow block ceiling between floors
• Canarian roofs
• Doors and windows of wood
• Ceramic floor tiles

HOT WATER:

• Electric water heaters

SUPPLIERS:

• Electricity
• Town water connection

INVENTORY:

• With most furniture

GROUND:

The property has approx. 1.920 m²

• Situation in the hillside
• Ground: levelled into terraces
• Fully worked Land
• Ornamental plants
• Flowers
• Lawn

ROAD COMMUNICATION:

• Concrete driveway
• Dead end road

DRIVING DISTANCES:

• Puntallana in about 4 minutes
• Santa Cruz in about 7 minutes
• Beach approx. 8 minutes
• Supermarket approx. 4 minutes
• Health center in about 4 minutes
• Hospital approx. 20 minutes
• Airport in about 15 minutes

MORE INFORMATION:

• Business opportunity!
• Fantastic location
• Property in a very quiet place
• Beautiful view that can’t be obstructed
• Cosy terraces

A NICE PROPERTY AND GOOD INVESTMENT!

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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 real estate agency’s professional fees: 3% (minimum 1,800 euros, IGIC not included) on the real selling 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