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.
ILP Inmobiliaria La Palma ILP LEO BOHNKE S.L.U. CIF B76634864
Carretera General Padrón, 2 E-38750 - El Paso Isla de La Palma - Canarias
Tel: (+34) 922 48 66 60

Garafía
Cueva de Agua
G73
Energy efficiency
A B C D E F G
Not required Awaiting Requested to the owner
negotiable
50.000 €
40.000 €
+ buyer’s commission (3% + IGIC)

Beautiful agricultural property with the possibility of touristic use (*)
(*) 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.

Located in Garafía, on the island of La Palma, is this plot of land offering breathtaking views of the sea and the mountains, at an altitude of approximately 687m.

With a total area of approximately 14.065 m², the land remains in its natural state, with pine trees and shrubs. The land presents an excellent opportunity for those with an entrepreneurial vision.

Its tourism potential is undeniable, with the possibility of accommodating up to 40 beds, provided the requirement that 80% of the land is cultivated with agricultural crops is met. Prior consultation on the viability of any tourism project is essential.

Access is convenient, with a direct entrance from the road and within a few minutes' drive of essential services and points of interest.

Beyond its economic potential, it is the beauty of the property that truly captivates: unparalleled sunsets, uninterrupted views and a tranquil retreat for those seeking serenity in nature.

LOCATION:
  • Municipality of GARAFIA
  • Locality of PARAJE DE PIEDRA
  • With a mountain and a sea view
  • ca. 687 m above sea level
DESCRIPTION:
- The property has in total approx. 14.065 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.
Touristic use possible until probably about 40 beds
GROUND:
The property has approx. 14.065 m²
  • Property left in its natural state
  • Situation in the hillside
  • Pine trees
  • Shrubs
ROAD COMMUNICATION:
  • Entrance directly from the street
DRIVING DISTANCES:
  • Santo Domingo in about 8 minutes
  • Supermarket approx. 8 minutes
  • Health center in about 9 minutes
  • Restaurant approx. 10 minutes
  • Barlovento in about 40 minutes
  • Santa Cruz in about 1h28 minutes
  • Los Llanos in about 1h14 minutes
  • Hospital approx. 1h35 minutes
  • Airport in about 1h35 minutes
MORE INFORMATION:
  • Beautiful view that can’t be obstructed
  • Splendid sunsets
  • Great investment opportunity for touristic business (*)
An ideal place for lovers of peace in midst nature
A property for people with entrepreneurship

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
Standard remark: the descriptions are redacted with the data provided by the sellers. INMOBILIARIA LA PALMA - ILP LEO BOHNKE S.L.U. disclaims all responsibility about possible deviations or errors between what is described here and the reality. However, before we begin the buying process, we do all the in-depth checks about the property.
G73 (1) G73 (2) G73 (3) G73 (4) G73 (5) G73 (6) G73 (7)