Caribbean MLSReal Estate

9.4 cuerdas of natural beauty in Coamo for farm or agrotourism project

Not published

The brief

The reason to consider it.

This rectangular-shaped land spans 9.4 Cuerdas (9.2 Acres) and features a flat to semi-flat topography. Located in the San Ildefonso (Santa Catalina) neighborhood of Coamo, it offers proximity to PR-150 and is situated next to the Montana Gardens subdivision. The property is just 2 minutes from the Coamo hot springs, 5 minutes from the Elfren Bernier sports complex, 16 minutes from Walmart, and a short drive from PR-14 and PR-52.

This property presents an excellent opportunity for developing an agrotourism project or residential development. It includes 3 intermittent creeks and is situated in FEMA Zone X (minimal or low-risk zone). The land has an annual CRIM of approximately $86.

Last confirmed

Type
Land
Land
401,645 ft²
Zoning
A-G(Agricultura General)
Topography
flat
Water
Yes
Permitted uses
Agriculture, Agrotourism, Residential development

What this listing includes

  • Mountain 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