ILP Inmobiliaria La Palma

Two small Canarian houses, on a beautiful plot in a rural idyll, with an approved preliminary project for tourist villa

Building plot in Tijarafe

Surrounded by breathtaking nature, the purchase of this property promises not only a life of peace and tranquillity, the possibility of self-sufficiency and energetic autonomy, but also interesting financial income:

There are already two building permits: one for the restoration and extension of the historic buildings and one for the construction of a new house with two touristic accommodations. In order to realise the planning, which was carried out by a German architect resident on La Palma, only the implementation planning has to be submitted to the building authority of Tijarafe before the start of construction. The building permits are transferable to the new owner.

LOCATION:

• Municipality of TIJARAFE
• Locality of CRUZ DEL LLANO
• With a mountain and a sea view
• Rural surroundings
• calm environment
• ca. 980 m above sea level

DESCRIPTION:

- The property has in total approx. 4.226 m²

- For residential use

• Old shed of about 24 m²
• Old shed of about 23 m²
• The sheds can be restored
• It can be extended as a residential house up to 72 m² built-up area

- For touristic use

• Basic Project available for a house of 200 m²

GENERAL CONDITION:

• The buildings need a complete renovation

SUPPLIERS:

• Power connection at the property line
• Rented irrigation water

GROUND:

The property has approx. 4.226 m²

• With a slight slope
• Land partially levelled into terraces
• Almond trees

ROAD COMMUNICATION:

• Entrance directly from a small secondary road

DRIVING DISTANCES:

• Tijarafe in about 11 minutes
• Supermarket approx. 10 minutes
• Health center in about 12 minutes
• Beach approx. 25 minutes
• Beach of Tazacorte in about 27 minutes
• Los Llanos in about 35 minutes
• Hospital approx. 60 minutes
• Airport in about 75 minutes
• Santa Cruz in about 75 minutes

MORE INFORMATION:

• Fantastic location
• Business opportunity!

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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