El Castillo, Garafía, La Palma

OLD CANARIAN TWO-STOREY HOUSE WITH LARGE A GROUND LOCATION:

• Municipality of GARAFÍA
• Locality of EL CASTILLO
• Rural surroundings
• calm environment
• With landscape views
• ca. 830 m above sea level

DESCRIPTION: - The property has in total approx. 18.122 m² - Two-story house of about 130 m² overbuilt space   Main floor of approx. 100 m²

• Living room
• Dining room
• Kitchen
• 3 bedrooms
• 1 bathroom

  Lower floor of approx. 30 m²

• Bodega

- Tool shed of approx. 15 m² - Old cistern GENERAL CONDITION:

• The house needs an overall restoration

BUILDING MATERIALS:

• Partially, walls made of common hollow blocks
• In part, plastered stone walls
• Partially antique canarian roofs
• Partially ferroconcrete flat roof
• Some doors and windows made of wood and some others of aluminum
• In part, ceramic floor tiles
• In part, wood floors

SUPPLIERS:

• Electricity
• Town water connection

GROUND: The property has approx. 18.122 m²

• Situation in the hillside
• Good farmland
• Fruit Trees
• Vineyard

ROAD COMMUNICATION:

• Entrance directly from a small secondary road

DRIVING DISTANCES:

• Puntagorda in about 20 minutes
• Tijarafe in about 30 minutes
• Small grocery store approx. 12 minutes
• Supermarket approx. 20 minutes
• School in about 20 minutes
• Health center in about 20 minutes

MORE INFORMATION:

• Suitable as a weekend house
• Property in a very quiet place
• Fertile land
• Ideal for gardening
• Beautiful view that can’t be obstructed

---------------------------------------------------------- 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 real estate agency’s professional fees: 3% (minimum 1,800 euros, IGIC not included) on the real selling 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