ILP Inmobiliaria La Palma

Banana plantation in production

In La Encarnación, within the municipality of Santa Cruz de La Palma, a banana farm in production with a total area of approximately 5.400 m² is offered. The property is situated at an altitude of about 60 metres above sea level, which gives it a favourable climate and agricultural conditions. This flat and fertile land is ideal for agriculture, currently cultivated with bananas.

The farm has basic supplies essential for agricultural activity, including electricity and municipal water, and its location offers direct access from the street.

In summary, this finca represents an opportunity for investors or farmers looking to expand their activity in a productive environment and excellent location on the island of La Palma.

LOCATION:

• Municipality of SANTA CRUZ DE LA PALMA
• Locality of LA ENCARNACIÓN
• ca. 60 m above sea level

DESCRIPTION:

- The property has in total approx. 5.400 m²

• Flat land
• Good farmland

SUPPLIERS:

• Electricity
• Town water connection

ROAD COMMUNICATION:

• Entrance directly from the street

DRIVING DISTANCES:

• Santa Cruz in about 2 minutes
• Breña Alta in about 12 minutes
• Puntallana in about 12 minutes

MORE INFORMATION:

• Business opportunity!

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