Padrón, El Paso, La Palma

BUILDING LAND WITH DIFFERENT USE POSSIBILITIES 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 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