5 Bedroom Villa for Sale, Rincon, Puerto Rico

Price

$975,000

ID: 5aa295
Listed: 27 Sep 2023

Bedrooms

5

Bathrooms

3

Internal area

4,300 sqft

Common area

6,534 sqft

Discover the Ultimate Oceanfront Property at Corcega Beach

A Beachfront Oasis with Income Potential

Are you looking for a stunning property with breathtaking ocean views and incredible income potential? Look no further than this amazing unit at Corcega Beach. With its ideal location, this property is perfect for Airbnb and offers a fantastic investment opportunity.

Key Highlights of this Oceanfront Gem:

  • Main structure features 3 bedrooms and 2 bathrooms, offering ample space for your family and guests
  • Detached apartment with 2 bedrooms and 1 bathroom, providing additional rental income
  • Spacious interiors flooded with natural light, creating a warm and inviting atmosphere
  • Large backyard and front yard, perfect for outdoor entertaining and relaxation
  • Convenient parking for all units and guests

A Prime Location and Investment Opportunity

Situated on a dead-end street, this property offers privacy and tranquility. With 629 square meters of land and approximately 4,300 square feet of living space, there is ample room for everyone to enjoy. The property has been recently rehabilitated and is in excellent condition.

With R-I Zoning and FEMA Zone X 0.2%, this property is a great investment opportunity. The property tax is approximately $1,000 per year. With the ability to accommodate 8-12 guests and an average occupancy rate of 70% at $300 per night, you can expect a 5% cap rate. The numbers speak for themselves - this is a solid investment!

Your Caribbean Dream Awaits

Don't miss the chance to own this oceanfront oasis. Whether you're looking for a primary residence, a vacation home, or a lucrative rental property, this is the perfect opportunity. With its stunning views, prime location, and income potential, this property has it all. Contact us today to schedule an appointment and start living your Caribbean dream!

Speak with an Expert

Feel like exploring the Dominican? Start the day with a hike on one of Playa Moron’s many trails. Weave your way around the gated community to find secluded sandy coves for swimming and paddleboarding.

Price

$975,000

ID: 5aa295
Listed: 27 Sep 2023

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