Caribbean MLSReal Estate

Culebra Oceanview Land

Not published

The brief

The reason to consider it.

Located on the booming and desirable island town of Culebra! Adjacent to Costa Bonita Beach Resort. The property consists of 5 acres (land only no structures) with spectacular 360 degree ocean views. Design and develop your Caribbean paradise. Buyer is responsible for all permits and certifications.

Last confirmed

Type
Land
Land
217,797 ft²

What this listing includes

  • Ocean view
  • Beachfront

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