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.

LOCATION:

• Municipality of TIJARAFE
• Locality of EL JESÚS
• With a mountain and a sea view
• Quiet location
• ca. 550 m above sea level

DESCRIPTION:

- The property has in total approx. 7.681 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
• Water supply nearby

GROUND:

The property has approx. 7.681 m²

• Situation in the hillside
• With a slight slope
• Land partially levelled into terraces

ROAD COMMUNICATION:

• Entrance directly from the road

WALKING DISTANCES:

• Bus stop about 5 minutes
• 5 minutes from the brewery bar restaurant

DRIVING DISTANCES:

• Tijarafe in about 5 minutes
• Los Llanos in about 25 minutes
• Beach approx. 15 minutes
• Supermarket approx. 5 minutes
• Health center in about 5 minutes
• Hospital approx. 50 minutes
• Airport in about 65 minutes

MORE INFORMATION:

• Property in a very quiet place
• Beautiful view that can’t be obstructed
• Great investment opportunity for touristic business (*)

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