Caribbean MLSReal Estate

2 Bedroom Condo in San Juan, Puerto Rico

Available on request

Year built
1920
Type
Condo
Land
1,744 ft²
Use
Mixed use
Lettable area
1,496 ft²
Net yield
11.9%

What this listing includes

  • Air conditioning
  • Laundry
  • Home office
  • Balcony
The brief

The reason to consider it.

This is a two-bedroom + two full-bath condo with a private office and laundry. It has been meticulously remodeled over the past two years without sparing any expenses and currently generating an 11.9 cap rate at the asking price. We kept as many original features as possible such as the original tile in the living room and beautiful ornate hand-carved wood doors separating the guest bedroom. Every room has been updated with new AC units and ceiling fans, as well as updated plumbing and electrical. All tiles and fixtures were imported from Spain to keep with the original Spanish feel. Every exterior door has been upgraded for sound and stormproofing. All the cabinets have been custom-made and imported from the US. All new appliances have allowed us to keep the original features but with an upgraded feel. There is not one detail that has been overlooked!

Cost of entry

The asking price is not what it costs.

What completing costs

US dollars

Who bears the transfer cost is market practice, not law