Caribbean MLSReal Estate

Multifamily with commercial zoning (C-1)

Available on request

The brief

The reason to consider it.

Are you looking for a property close to everything in Guayama? This C-1 commercial-zoned property, located right in the town of Guayama, is an excellent option. It features 2,261 square feet of floor space on a 405 square meter lot, distributed among 4 bedrooms, 4 bathrooms, a living room, dining room, kitchen, and entertainment room. Carport for 1 vehicle and additional parking space for approximately 4 to 5 cars. The second level consists of 2 additional areas, each with a bathroom and a separate entrance. Excellent location, 0.62 miles from PR-54 and 10 miles from Expressway 52. Annual CRIM payment: approx. $1,635 (without exemption). FEMA Zone: X (low or moderate risk). The property is sold “as is” and requires repairs to qualify for financing.

Last confirmed

Year built
1971
Type
Villa
Land
4,359 ft²
Use
Mixed use
Lettable area
2,260 ft²
Parking
5
Zoning
C-1

What this listing includes

  • 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