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 Leo Bohnke Anne Zobel Anne Zobel Martina Warbeck Martina Warbeck Carola Wagner Carola Wagner Lucas Torres Lucas Torres
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El Paso
Fátima
E673
COMMERCIAL INVESTMENT
825.000 €
+ commission (3% + IGIC)
Energy efficiency
A B C D E F G
Not required Awaiting Requested to the owner
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Lovely emblematic hotel, with perfectly restored old buildings and swimming pool, in a quiet environment close to the village

This beautiful ensemble, which has been recognised as an emblematic hotel, is located in a small, originally preserved section of the street with authentic, centuries-old houses. The solar-heated swimming pool in the middle of a romantic garden is the icing on the cake. The hotel is located in a small, quiet side street. It is the ideal place for those who want to spend a few days away from the hustle and bustle. El Paso is practically in the centre of the island, which has the great advantage that guests can easily reach any place from the hotel. The surrounding area offers a wide range of activities, hiking trails, cycle paths or horse riding. This emblematic hotel, unique on the island, is a good investment for people with a vision.

LOCATION:
  • Municipality of EL PASO
  • Locality of FÁTIMA
  • calm environment
  • With a mountain and a sea view
  • ca. 715 m above sea level
DESCRIPTION:
- The property has in total approx. 1.797 m²
- The total built-up area of all buildings is approximately 318 m²
  Buildings for shared use
  • 2 living rooms
  • Kitchen
  • Dining room
  • Laundry
  Apartment 1
  • 1 bedroom
  • 1 bathroom
  Apartment 2
  • 1 bedroom
  • 1 bathroom
  Apartment 3
  • 1 bedroom
  • 1 bathroom
  Private dwelling
  • Living room
  • 1 bedroom
  • 1 bathroom
- Heated swimming pool
- Water storage
GENERAL CONDITION:
  • Good general conditions
  • Completely renovated in 2017
  • All materials of high quality, in accordance with modern standards
BUILDING MATERIALS:
  • In part, plastered stone walls
  • Partially, walls made of common hollow blocks
  • Partially antique canarian roofs
  • Partially ferroconcrete flat roof
  • Partly, doors and windows of wood
  • Partly, doors and windows in aluminum
  • In part, antique Wood Floors
  • In part, floors of antique tiles
  • In part, ceramic floor tiles
  • All wood crafts are made from high quality woods
CLIMATE CONTROL:
  • Air conditioning hot/cold in all living areas
  • Underfloor heating in the bathrooms
  • Wood stove
HOT WATER:
  • 3 solar panels
  • Electric water heaters
SUPPLIERS:
  • Electricity
  • Town water connection
  • Irrigation water
  • WiFi Internet
  • SAT-TV
INVENTORY:
  • Fixtures are included in the Price
GROUND:
The property has approx. 1.797 m²
  • Situation in the hillside
  • Ground: levelled into terraces
  • Ornamental plants
  • Ornamental trees
  • Fruit Trees
  • Automatic irrigation
ROAD COMMUNICATION:
  • Entrance directly from a small secondary road
DRIVING DISTANCES:
  • El Paso in about 1 minutes
  • Los Llanos in about 10 minutes
  • Beach approx. 20 minutes
  • Supermarket approx. 1 minutes
  • Health center in about 2 minutes
  • Hospital approx. 20 minutes
  • Airport in about 35 minutes
MORE INFORMATION:
  • Rental license as “Emblematic Hotel”
  • Very good rating in tourism portals
  • Own website
  • Security cameras
  • Fire alarm system
A NICE PROPERTY AND GOOD INVESTMENT!
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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
Standard remark: the descriptions are redacted with the data provided by the sellers. INMOBILIARIA LA PALMA - ILP LEO BOHNKE S.L.U. disclaims all responsibility about possible deviations or errors between what is described here and the reality. However, before we begin the buying process, we do all the in-depth checks about the property.
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