Description
MIMA Properties presents an exceptional opportunity for investors and developers seeking high-yield assets in one of La Palma's most in-demand areas, in Breña Baja, specifically in La Polvacera, just 270 m above sea level.
This 1,407 m² plot is not just land; it's the perfect opportunity for an exclusive residential development of approximately 3 independent homes, subject to coordination with the Breña Baja Town Hall and subsequent approval of the respective project.
Classified as Consolidated Urban Residential Semi-extensive Land, the terrain offers immediate development potential that justifies every euro of the investment:
Segregation Capacity: Technical viability to divide into buildable plots.
Buildability: Housing typology of 2 floors plus garage, optimizing the built square meter.
Consolidated Environment: Direct access on a quiet street, with utilities at the plot's edge.
The value of a development depends on its location, and La Polvacera is unbeatable:
Climate and Views: An eternal spring with panoramic views of the Atlantic and the island's peaks.
Total Connectivity: Just 5 minutes from the town center and 10 minutes from the capital (Santa Cruz de La Palma).
Logistics: Quick access to the airport (8 min) and the tourist area of Los Cancajos, ideal for future buyers looking for a primary or secondary residence.
Currently, the land has mango production, but its natural destiny is to become a residential benchmark in the area. Don't miss the opportunity to acquire one of the few urban plots of these dimensions and potential in Breña Baja!
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
