ILP Inmobiliaria La Palma

NICE BUILDING LAND FOR TOURIST USE

Allowed use: exclusively for touristic use

LOCATION:

• Municipality of PUNTAGORDA
• Locality of PINTADO
• calm environment
• With a mountain and a sea view
• ca. 435 m above sea level

DESCRIPTION:

- The property has in total approx. 5.600 m²

• Touristic use allowed
• The number of beds and the buildable surface depend on each specific project

SUPPLIERS:

• Electricity nearby
• Town water nearby

GROUND:

The property has approx. 5.600 m²

• Flat land
• Good farmland

ROAD COMMUNICATION:

• Good drivable way
• asphalted road

DRIVING DISTANCES:

• Puntagorda in about 3 minutes
• Tijarafe in about 15 minutes
• Beach approx. 10 minutes
• Supermarket approx. 3 minutes
• Health center in about 4 minutes
• Airport in about 90 minutes

MORE INFORMATION:

• Business opportunity!
• Fantastic location
• Property in a very quiet place

A PROPERTY FOR PEOPLE WITH ENTREPRENEURSHIP

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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