La Rosa, El Paso, La Palma

Property with a small country house and a shed, both to renovate, and possibility to build additionally a house of up to 130 m² LOCATION:

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

DESCRIPTION: - The property has in total approx. 1.227 m² -Singlestorieddwelling house of approx.34m²overbuilt 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:

• Propertyin a very quiet place
• Village surroundings

A PROPERTY FOR PEOPLE WITH ENTREPRENEURSHIP A PROPERTY WITH MANY POSSIBILITIES.

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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