Caribbean MLSReal Estate

Multi-family home in excellent condition to produce additional income

Not published

The brief

The reason to consider it.

This multi-family residence located in Isabela, minutes from the beach, has great potential, especially for the units already available for short-term rentals.

It consists of three apartments with different configurations, two of which are already active on the short-term rental platform. The main house has five bedrooms and three bathrooms. Two of these apartments have two bedrooms and one bathroom, and the third apartment has one bedroom and one bathroom.

The property also includes solar panels, a water cistern, a water heater, a laundry area, and parking for all guests and residents. The property’s sale price includes all fixtures, furnishings, and security cameras; everything is in perfect working order.

This is definitely an excellent opportunity to enjoy Isabela’s charm while generating income.

Last confirmed

Year built
1990
Type
House
Land
10,915 ft²

What this listing includes

  • Air conditioning
  • Solar power
  • Water storage
  • Laundry
  • 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