La Rosa, El Paso, La Palma

ANTIQUE CANARIAN TOWNHOUSE FOR RENOVATION LOCATION:

• Municipality of EL PASO
• Localityof LA ROSA
• Village surroundings
• With mountain view
• ca. 800 m above sea level

DESCRIPTION: - The property has in total approx. 1.870 m² - House of approx. 80 m² overbuilt space -Shed GENERAL CONDITION:

• The house needs an overall restoration

BUILDING MATERIALS:

• Plastered stone exterior walls
• Roofs in Canarian style
• Doors and windows in Canarian style

SUPPLIERS:

• Electricity nearby
• Town water nearby

GROUND: The property has approx. 1.870 m²

• Partially left in its natural state
• In part, good garden land

ROAD COMMUNICATION:

• Entrance directly from a small secondary road

DRIVING DISTANCES:

• El Paso in about 3 minutes
• Los Llanos in about 15 minutes
• Breña Alta in about 15 minutes
• Santa Cruz in about 30 minutes
• Beach approx. 20 minutes
• Supermarket approx. 1 minutes
• School in about 1 minutes
• Health center in about 3 minutes
• Hospital approx. 15 minutes
• Airport in about 30 minutes

MORE INFORMATION:

• House in a quiet side street
• Quiet city district
• Rural area, yet centrally located

AN ESTATE 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 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