ILP Inmobiliaria La Palma

ANTIQUE CANARY TOWN HOUSE

Situated in La Encarnación, Santa Cruz de La Palma, this old Canarian house offers sea and mountain views at an altitude of about 60 m above sea level. With 398 m² constructed on two floors, it comprises living/dining room, kitchen, several rooms, utility room and roof terrace. Part of the property needs renovation.

Electricity, mains water and gas water heater. The location provides direct access to the road and is close to essential services such as supermarkets, schools and hospitals.

A property with great potential in a quiet street, ideal for those looking to personalise their home or invest in La Palma.

LOCATION:

• Municipality of SANTA CRUZ DE LA PALMA
• Locality of LA ENCARNACIÓN
• With a mountain and a sea view
• ca. 60 m above sea level

DESCRIPTION:

- Two-story house of about 398 m² overbuilt space

• Hall
• 1 dining-living room
• Kitchen
• Several rooms
• 1 laundry
• Roof terrace

GENERAL CONDITION:

• Part of the house needs an overall restoration

BUILDING MATERIALS:

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

HOT WATER:

• Gas boiler

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
• Beach approx. 3 minutes
• Supermarket approx. 2 minutes
• School in about 3 minutes
• Health center in about 3 minutes
• Hospital approx. 14 minutes
• Airport in about 11 minutes

MORE INFORMATION:

• House in a quiet side street

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