Description
Mima Properties presents an interesting investment opportunity in La Encarnación, Santa Cruz de La Palma, a 5,314 m2 plot with a banana plantation and a traditional two-story house with the possibility of becoming 3 homes.
The main house is located on the upper floor and is distributed in a hall, a spacious living-dining room with exterior windows, 3 spacious bedrooms, the main one with an en suite bathroom, 2 common bathrooms, a laundry room, a storage room and a toilet. The doors, windows and furniture are made of wood and the floor is stoneware. Ready to move in!
INVESTMENT OPPORTUNITY!
The half-built ground floor is divided into two independent homes that, once finished, could offer excellent profitability through long-term or vacation rentals. They also offer the possibility of adapting them to your needs and preferences.
Additionally, on the roof there are 2 bedrooms, a small storage room and a huge terrace with panoramic views of the Atlantic Ocean, the mountains and the city, being the ideal place to relax, enjoy the views or create an outdoor leisure space, thus offering multiple possibilities of use.
The cultivated banana land offers considerable income thanks to the high demand and profitability of this crop; or if you prefer, it can be dedicated to other types of cultivation.
Don't miss this unique opportunity to acquire a property with great potential for REVALUATION!
EXPENSES ASSOCIATED WITH THE PURCHASE OF THE PROPERTY:
Property Transfer Taxes (ITP), normally 6.5% of the purchase price.
Notary fees
Registration fees in the Land Registry
Real estate agency commission
