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.
Leo Bohnke
Anne Zobel
Martina Warbeck
Carola Wagner
Antique village house, to be renovated
It is not possible to take out a mortgage on this property as it is not yet registered in the Land Registry
This property for sale is located in El Calvario, in the municipality of El Paso, on La Palma, situated at an altitude of approximately 665 meters. From this location, there are views of the sea and the mountains. The plot has a total of 1,811 m² of completely fenced and uncultivated land, characterized by its fertile soil, ideal for future crops.
The house is an old one-story village house that requires renovation. It occupies a constructed area of approximately 111 m² and includes a living room, kitchen, two bedrooms, one bathroom, a laundry room, storage room, and a garage of about 35 m². Additionally, the property has an equipment room of 37 m², another of 9 m², and a water tank.
Access to the house is direct from the street, and its location is convenient, being just a few minutes' walk from essential services such as bus stops, the city center, and supermarkets. It is also just minutes by car from schools, health centers, and other important services in the area. This house represents an excellent opportunity for those interested in restoring old properties, offering multiple possibilities for development and improvement.
The property in question is not yet registered in the Property Registry, which means that it is not possible to take out a mortgage for its purchase.
LOCATION:
- Municipality of EL PASO
- Locality of EL CALVARIO
- With a mountain and a sea view
- ca. 665 m above sea level
DESCRIPTION:
- The property has in total approx. 1.811 m²
- Single storied dwelling house of approx. 111 m² overbuilt space
- Living room
- Kitchen
- 2 bedrooms
- 1 bathroom
- Laundry
- Storage room
- Garage of ca. 35 m²
- Tool shed of approx. 37 m²
- Tool shed of approx. 9 m²
- Water storage
GENERAL CONDITION:
- The house needs an overall restoration
BUILDING MATERIALS:
- Flat roof
- Walls made of common hollow blocks
- Doors and windows of wood, single glazing
- Ceramic floor tiles
HOT WATER:
- Gas boiler
SUPPLIERS:
- Electricity
- Town water connection
INVENTORY:
- The inventory is included in the price
GROUND:
The property has approx. 1.811 m²
- Completely fenced property
- Property left in its natural state
- Flat land
- Good farmland
ROAD COMMUNICATION:
- Entrance directly from the street
WALKING DISTANCES:
- Bus stop about 2 minutes
- City center approx. 8 Minutes
- Supermarket approx. 4 minutes
DRIVING DISTANCES:
- City center approx. 2 Minutes
- Supermarket approx. 2 minutes
- School in about 3 minutes
- Health center in about 3 minutes
- Los Llanos in about 13 minutes
- Hospital approx. 22 minutes
- Airport in about 30 minutes
- Santa Cruz in about 33 minutes
MORE INFORMATION:
- Located in urban area
- Newly refurbished roof terrace
- Fertile land
A property with many possibilities
For lovers of old house restoration!
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
