Caribbean MLSReal Estate

Strategically located property in the metropolitan area.

Available on request

The brief

The reason to consider it.

Summit Hills, San Juan – Excellent Investment Opportunity!

Strategically located in the metropolitan area, this property offers an excellent opportunity for either a primary residence or a short- or long-term rental investment. The property features 3 bedrooms and 2 bathrooms. The primary bedroom has been extended and includes a spacious walk-in closet, while another bedroom also features a walk-in closet. Additional features include a family room, foyer, concrete terrace, extended carport, patio, and storage area. The property is equipped with a generator with transfer switch, water cistern, five (5) split-unit air conditioners, and seven (7) ceiling fans.

The community offers excellent amenities for residents to enjoy, including a baseball field, basketball court, volleyball court, recreational areas, and a community center for activities and events. It provides easy access to San Patricio and Roosevelt Avenues and Martínez Nadal Expressway (PR-20), offering

Year built
1957
Type
House
Land
3,498 ft²

What this listing includes

  • Air conditioning
  • Parking
  • Storage
  • Water storage
  • Backup generator
  • Walk-in closet

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