BUILDING PLOT IN THE CENTRE OF EL PASO
This buildable land, located in the center of El Paso on the island of La Palma, offers an area of approximately 580 m². It is situated at an approximate altitude of 655 meters. The plot allows for the construction of up to three floors, with nearby electricity and water supplies from the town hall. Currently, the property is a flat land with direct access from the street, the location is central, steps away from essential services and amenities of the village. It constitutes an excellent investment opportunity with great potential.
LOCATION:
- Municipality of EL PASO
- In the city center
- Urban environment
- ca. 655 m above sea level
DESCRIPTION:
- Building plot of about 580 m²
SUPPLIERS:
- Electricity nearby
- Town water nearby
GROUND:
The property has approx. 580 m²
- Flat land
- Property left in its natural state
ROAD COMMUNICATION:
- Entrance directly from the street
WALKING DISTANCES:
- Village center approx. 1 Minutes
- Bus stop about 1 minutes
- Supermarket approx. 1 minutes
- Pharmacy approx. 1 minutes
- Health center
- Primary school approx. 4 minutes
DRIVING DISTANCES:
- Los Llanos in about 10 minutes
- Supermarket approx. 1 minutes
- School in about 1 minutes
- Health center in about 1 minutes
- Hospital approx. 30 minutes
- Airport in about 40 minutes
MORE INFORMATION:
- Very central location
- Business opportunity!
A GOOD INVESTMENT FOR THE FUTURE
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
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.