Canovanas, Cambalache Sector, 16.5 acres, near lake
Not published
4 catalogue images. Media provenance, current condition and usage rights are confirmed before an introduction.
The brief
The reason to consider it.
View of El Yunque and the coast. Borders a lake. Beautiful 16.5 acres property between the towns of Canóvanas and Río Grande with great development and investment potential. Mix topography. Only 30 minutes from LMM Airport and El Yunque. Ideal for agricultural, agrotourism or residential development. FEMA Zone X. CRIM $1084 per year.
Sold ‘as is.’
Last confirmed
- Type
- Land
- Land
- 693,056 ft²
- Zoning
- R-G General Rural and A-G (General Agriculture)
- Topography
- sloped
- Permitted uses
- Agricultural, Agrotourism, Residential
What this listing includes
- Gated community
- Ocean view
- 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
Cost of entry
The asking price is not what it costs.
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