Caribbean MLSReal Estate

Excellent investment opportunity!

Not published

The brief

The reason to consider it.

Discover this versatile, three-level multi-family property, ideal for generating income or developing a successful Airbnb project. The property features: A concrete ground floor with 2 bedrooms, 1 bathroom, living room, dining room, and kitchen. A two-level wooden chalet with 4 bedrooms and 2 bathrooms, offering ample space and a welcoming atmosphere. Furthermore, the property sits on two lots totaling 2,362.62 square meters, providing additional space for future improvements, expansion, or recreational areas.

Last confirmed

Type
Villa
Land
25,435 ft²
Year built
Available on request

What this listing includes

  • Kitchen
  • Parking

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