ILP 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
Anne Zobel
Martina Warbeck
Carola Wagner
BUILDING LAND WITH DIFFERENT USE POSSIBILITIES
Located in the municipality of El Paso, on the island of La Palma, this plot of about 2,000 m² at an altitude of approximately 745 meters offers mountain views. The property is buildable up to a maximum of about 1,750 m² and allows the construction of up to two floors. The land is partially leveled in terraces and partly undeveloped.
The property has direct access from the road and is equipped with basic supplies of electricity and municipal water. The location provides proximity to essential services, being a minute's drive from El Paso and within walking distance of supermarkets, schools, and a health center.
Given its permitted use for both commercial and residential purposes, this property represents an investment opportunity with various possibilities for exploitation.
LOCATION:
- Municipality of EL PASO
- With mountain view
- ca. 745 m above sea level
DESCRIPTION:
- The property has in total approx. 2.000 m²
- Buildable up to approx. 1.750 m²
- Permitted floors: 2
SUPPLIERS:
- Electricity
- Town water connection
GROUND:
The property has approx. 2.000 m²
- Land partially levelled into terraces
- With a slight slope
- Partially left in its natural state
ROAD COMMUNICATION:
- Entrance directly from the road
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 35 minutes
MORE INFORMATION:
- Business opportunity!
- Commercial / industrial ground
- Ideal for commercial use combined with a private residence
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
