Property with a small country house and a shed, both to renovate, and possibility to build additionally a house of up to 130 m²
This property is located in La Rosa, within the municipality of El Paso. It offers views to the mountains and is situated at an altitude of approximately 800 metres. The plot of approximately 1.227 m² is home to a small country house and a barn, both in need of complete renovation, and offers the possibility to additionally build up to 130 m², which makes it an exceptional opportunity for those looking for an entrepreneurial project.
The existing house has a constructed area of approx. 34 m², and the barn a further 39 m², both characterised by stone walls with rendering, partly old Canarian style ceilings and partly flat slab roofs, and wooden doors and windows.
In terms of utilities, electricity and water from the town hall are available nearby, as well as having its own water right, which facilitates the planning of the renovation and the cultivation of the land. The land is flat, with fertile soil, ready for sowing but currently uncultivated.
The property enjoys direct access from the street, and its location is strategically convenient, being only a few minutes drive from essential services and points of interest on the island.
This property represents an exceptional opportunity for those with the desire to transform a space with potential into a home.
LOCATION:
- Municipality of EL PASO
- Locality of LA ROSA
- calm environment
- With mountain view
- ca. 800 m above sea level
DESCRIPTION:
- The property has in total approx. 1.227 m²
- Single storied dwelling house of approx. 34 m² overbuilt space
- Shed of about 39 m²
- Buildable up to approx. 130 m²
GENERAL CONDITION:
- The buildings need a complete renovation
BUILDING MATERIALS:
- Plastered stone walls
- Partially antique canarian roofs
- Partially ferroconcrete flat roof
- Doors and windows of wood
- In part, cement flooring
SUPPLIERS:
- Electricity nearby
- Town water nearby
- Private water share
GROUND:
The property has approx. 1.227 m²
- Flat land
- Fertile land
- Prepared for planting, but not cultivated
ROAD COMMUNICATION:
- Entrance directly from the street
DRIVING DISTANCES:
- City center approx. 5 Minutes
- Supermarket approx. 3 minutes
- School in about 2 minutes
- Health center in about 5 minutes
- Hospital approx. 15 minutes
- Los Llanos in about 10 minutes
- Santa Cruz in about 30 minutes
- Airport in about 30 minutes
MORE INFORMATION:
- Property in a very quiet place
- Village surroundings
A PROPERTY FOR PEOPLE WITH ENTREPRENEURSHIP
A PROPERTY WITH MANY POSSIBILITIES.
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.