Caribbean MLSReal Estate

8 Bedroom Condominium for Sale in Luquillo Beach, Luquillo, PR

Available on request

The brief

The reason to consider it.

Opportunities of this scale and location rarely come to market. Magnificently positioned on the oceanfront in Playa Punta Bandera, Luquillo, this multifamily property presents a compelling opportunity for an investor ready to move beyond a single Airbnb and acquire a larger, more versatile coastal asset.

Currently the only oceanfront multifamily home on the market in Luquillo, the property offers approximately 3,500 square feet of gross living area on a 357 square meter lot. Its layout is distributed across seven independent units and includes eight bedrooms, eight full bathrooms, three kitchens, separate utility meters, private porches, and open and covered terraces; comfortably accommodating up to 18 guests.

Three units feature dedicated kitchen and dining areas, while the remaining four are configured as private guest accommodations with their own bathrooms and access to outdoor spaces. Previously operated as a guest house, the property is already well configured for a buyer interested in resuming similar hospitality use. Its flexible arrangement also allows investors to pursue short term rentals, long term rentals, or a combination of both within one property.

With breathtaking ocean views, a versatile layout, and convenient access to Luquillo’s beaches, restaurants, El Yunque National Forest, and other major attractions, this property is well suited for someone seeking an investment opportunity larger and more dynamic than a traditional single unit vacation rental. The property may require minor repairs and maintenance.

Last confirmed

Year built
1990
Type
Condo
Land
3,843 ft²

What this listing includes

  • Ocean view
  • Balcony
  • Kitchen
  • Air conditioning

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