ILP Inmobiliaria La Palma

Splendid building plot

This building plot of 453 m² is located in El Paso, overlooking the mountains at an altitude of 700 metres above sea level. Its flat and fertile land, adorned with avocado trees, is ready for building.

The property has direct access from the street, and although it is located in a rural area, essential services such as electricity and water from the town hall are close by. This means that the land is not only beautiful, but also practical.

It is an opportunity for those looking to build not just a house, but a home in a peaceful village setting.

LOCATION:

• Municipality of EL PASO
• Locality of FÁTIMA
• With mountain view
• ca. 700 m above sea level

DESCRIPTION:

- The property has in total approx. 453 m²

• Flat land
• Good farmland
• Avocados

SUPPLIERS:

• Electricity nearby
• Town water nearby

ROAD COMMUNICATION:

• Entrance directly from the street

DRIVING DISTANCES:

• El Paso in about 1 minutes
• Los Llanos in about 10 minutes
• Beach approx. 20 minutes
• Supermarket approx. 1 minutes
• School in about 2 minutes
• Health center in about 2 minutes
• Hospital approx. 20 minutes
• Airport in about 30 minutes

MORE INFORMATION:

• Quiet city district
• Rural area, yet centrally located

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