SPLENDID BUILDING PLOT IN CENTRAL AND QUIET LOCATION
Building land of approximately 1,400 m², located in a central and quiet place in La Rosa, in the municipality of El Paso, on the island of La Palma. This land offers views of the mountains and is situated at an altitude of about 730 meters, in a residential setting that invites peace and privacy.
The property is ideal for dividing into up to 7 plots, with the ability to build up to 160 m² on each plot. It is a flat terrain and currently undeveloped.
As for utilities, the property has access to electricity and municipal water. It also has direct access from the street, which facilitates the entry and exit of the terrain.
Located a one-minute drive from the center of El Paso and close to other important amenities such as supermarkets, schools, health centers, and the hospital, the property guarantees easy access to all daily needs.
This property is not only an excellent investment opportunity but also the ideal place for entrepreneurial spirits looking to settle in a beautiful, central, and quiet location.
LOCATION:
- Municipality of EL PASO
- Locality of LA ROSA
- Residential environment
- With mountain view
- ca. 730 m above sea level
DESCRIPTION:
- The property has in total approx. 1.400 m²
- Development land divisible into up to 7 building plots
- Each plot buildable up to 160 m²
SUPPLIERS:
- Electricity
- Town water connection
GROUND:
The property has approx. 1.400 m²
- Divisible plot
- Flat land
- Property left in its natural state
ROAD COMMUNICATION:
- Entrance directly from the street
DRIVING DISTANCES:
- El Paso in about 1 minutes
- Los Llanos in about 10 minutes
- Beach approx. 18 minutes
- Supermarket approx. 2 minutes
- School in about 2 minutes
- Health center in about 2 minutes
- Hospital approx. 20 minutes
- Airport in about 40 minutes
MORE INFORMATION:
- Business opportunity!
- Location at edge of the village
- Quiet location
A PROPERTY FOR PEOPLE WITH ENTREPRENEURSHIP
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
