ILP Inmobiliaria La Palma

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 the municipality of Puntagorda, on the Island of La Palma, this plot offers about 5,600 m² of land with agricultural and tourist potential. Situated at an approximate altitude of 435 m, the property enjoys sea and mountain views in a tranquil setting. Accessibility is optimal thanks to an easily accessible track and a paved road.

Electricity and water supplies are available nearby, facilitating development. The location is convenient, a short drive away from local points of interest such as Puntagorda, Tijarafe, and essential services.

Although tourist use is allowed, it is essential to consult the feasibility of specific projects, and it is required that about 80% of the land be dedicated to agricultural crops.

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
• It is a requirement that about 80% of the land is planted with agricultural crops.

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

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