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
Historical building with 3 floors excellently located in one of the most elegant streets of Santa Cruz de La Palma
Located in the historic centre of Santa Cruz de La Palma, this three-storey historic building, with a constructed area of approximately 450 m² and an altitude of about 10 metres, offers a unique blend of heritage value and commercial potential. Built in 1.776, the property includes a commercial premises on the ground floor, as well as residential spaces distributed over two upper floors, totalling 7 bedrooms and 2 bathrooms, together with an inner courtyard and roof terrace. The building materials vary from traditional Canarian stone walls and ceilings to wooden and tiled floors.
Equipped with mains electricity and municipal water, the building is in need of renovation. Its privileged location ensures immediate proximity to beaches, services, and shopping areas, all within walking distance. Ideal for investors with a vision to transform it into a hotel, guesthouse or a private residence combined with commerce. A unique investment opportunity in one of the most emblematic areas of La Palma.
LOCATION:
- Municipality of SANTA CRUZ DE LA PALMA
- IN THE HISTORIC CITY CENTER
- ca. 10 m above sea level
DESCRIPTION:
- Three-storey house of around 450 m² in total overbuilt space
Ground floor
- Commercial space in a really privileged location
- Spacious hall
- Interior patio
- 1 room
First floor
- Living room
- Kitchen
- Dining room
- 2 bedrooms
- 1 bathroom
Second floor
- 4 bedrooms
- 1 bathroom
- Roof terrace
GENERAL CONDITION:
- Year of construction approx. 1776
- The house needs an overall restoration
BUILDING MATERIALS:
- Plastered stone walls
- Partially, canarian roofs
- Partially ferroconcrete flat roof
- Doors and windows of wood
- In part, antique Wood Floors
- In part, ceramic floor tiles
SUPPLIERS:
- Electricity
- Town water connection
ACCESS FROM THE STREET:
- Entrance directly from the street
WALKING DISTANCES:
- City center approx. 1 Minutes
- Beach approx. 1 minutes
- Bus stop about 2 minutes
- Pedestrian zone approx. 1 Minutes
- Pharmacy approx. 1 minutes
- Health center
- Supermarket approx. 1 minutes
- Restaurant approx. 1 minutes
DRIVING DISTANCES:
- Breña Alta in about 10 minutes
- El Paso in about 35 minutes
- Los Llanos in about 45 minutes
- Beach approx. 1 minutes
- Supermarket approx. 1 minutes
- School in about 2 minutes
- Health center in about 3 minutes
- Hospital approx. 12 minutes
- Airport in about 7 minutes
MORE INFORMATION:
- Business opportunity!
- The ground floor is a commercial space
- Ideal for commercial use combined with a private residence
- Shops, pharmacies, schools, etc. are within walking distance
- Ideal to rebuild in a hotel or a pension, as house plus office, or for a large family
- Immediately available
A NICE PROPERTY AND GOOD INVESTMENT!
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
