Caribbean MLSReal Estate

Turnkey 2-Unit Property with Expansion Potencial

Not published

The brief

The reason to consider it.

Ideal opportunity for those seeking space, comfort, and potential in a single investment. Two-unit property with potential for expansion to three units. Two levels. Spacious 0.66 acres lot, 2,634 sq ft of gross living area, surrounded by fruit trees that add charm and privacy. Equipped and furnished. 24 solar panels and a Tesla battery enhance energy efficiency. Sold As-Is. Annual property tax $1,877 (no exemption), renewable energy system $238 monthly, FEMA Zone X. Located 1.5 miles from Salto Collazo, 5.5 miles from Econo, and 29 miles from Borinquen Airport in Aguadilla. A pre-qualification letter and/or proof of available funds is required to schedule an appointment.

Last confirmed

Year built
2005
Type
House
Land
26,016 ft²

What this listing includes

  • Air conditioning
  • Furnished
  • 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