ILP Inmobiliaria La Palma

Building plot in EL PASO

Located on the Island of La Palma, a buildable plot of about 464 m² is offered in La Rosa, municipality of El Paso. The land, at an altitude of approximately 760 meters, offers mountain views and can have a building of up to about 120 m² distributed over two floors. Currently, the plot is flat and uncultivated.

As for services, electricity and water are nearby, ensuring accessibility to essential supplies. The property has direct access from the street.

The plot is a few minutes' walk from basic services such as bus stops and a primary school. By car, it is quickly accessible to El Paso, supermarkets, a health center, and other points of interest.

LOCATION:

• Municipality of EL PASO
• Locality of LA ROSA
• With mountain view
• ca. 760 m above sea level

DESCRIPTION:

- The property has in total approx. 464 m²

• Buildable up to approx. 120 m²
• Buildable up to 2 floors high
• Flat land
• Property left in its natural state

SUPPLIERS:

• Electricity nearby
• Water supply nearby

ROAD COMMUNICATION:

• Entrance directly from the street

WALKING DISTANCES:

• Bus stop about 5 minutes
• Primary school approx. 9 minutes

DRIVING DISTANCES:

• El Paso in about 3 minutes
• Primary school approx. 2 minutes
• Supermarket approx. 3 minutes
• Health center in about 4 minutes
• Los Llanos in about 10 minutes
• Hospital approx. 23 minutes
• Santa Cruz in about 35 minutes
• Airport in about 35 minutes

MORE INFORMATION:

• Rural area, yet centrally located
• Property in a very quiet place

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