Caribbean MLSReal Estate

4.58-Acres Residential Development Opportunity with R-I Zoning and Panoramic Ocean, Mountain, and Valley Views in Humacao

Not published

The brief

The reason to consider it.

Elevated parcel of approximately 4.70 cuerdas (4.58 acres) located in Barrio Mabú, Humacao, featuring R-I zoning and excellent residential development potential. The property is suitable for walk-up apartment buildings, multifamily projects, and other residential developments, subject to applicable approvals and permits. Its topography and location provide panoramic views of the ocean, mountains, and the Humacao Valley, offering a distinctive setting for residential projects that seek to capitalize on the area’s natural beauty. Strategically located just minutes from hospitals, shopping centers, the University of Puerto Rico at Humacao, schools, and major transportation routes. An attractive opportunity for investors and developers seeking a well-positioned site with strong development potential in the eastern region of Puerto Rico

Last confirmed

Type
Land
Land
198,842 ft²
Zoning
R-I
Topography
hilltop
Permitted uses
Single family, Multifamily

What this listing includes

  • Ocean view
  • Mountain view
  • City view

What people say about Puerto Rico

Accounts from Puerto Rico agree on one point above all: the electric grid.

  • Concern Unreliable grid and outages; backup power treated as a normal ownership cost
  • Concern Hurricane and flood exposure; insurance limits, exclusions and timing need checking before buying
  • Positive Foreign buyers can hold title; purchase runs through option contract, title study and attorney-notary
  • Mixed Act 60 incentives still attract buyers but are narrowing and conditional for new applicants

Read what people say, based on 11 sources

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