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$325,000
Est. payment /mo
518 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Hotel/Motel
Listing Status Active
Purchase Type For Sale
Square Footage 518 sqft
Price per Sqft $627
MLS Listing ID PR9113062
Construction Status Fixer
HOA Y/N No
Year Built 2008
Annual Tax Amount $12
Lot Size 4,356 Sqft
Acres 0.1
Property Sub-Type Hotel/Motel
Source Stellar MLS
Property Description
A unique business opportunity to acquire titled real estate property in Culebra Island, PR, USA. Envisioned as a hospitality project where the owner has meticulously designed with leading local architectural group all plans, design, land survey conducted, demolition plan, all ready for construction permits submittal. Located in a corner land parcel minutes to spectacular beaches including Flamenco Beach, consistently ranked among the best beaches in the world with “Blue Flag Beach Status” for its environmental sustainability and quality. With the location, the trendy tourist island and the high tourism demand for Puerto Rico, the lack of accommodations in the Island, adding the hospitality projects incentives under PR- Law 60 available to the Buyer/investor, this presents a great return on investment in a unique destination in the Caribbean, USA.
• Corner parcel of land of approximately 600 square meters with existing structure
• Annual Real Estate Taxes $12 USD
• Envisioned, designed and endorsed for an 8 one-bedroom suites premium luxury guest house with three levels including ground level common areas and parking facilities including ADA compliant
• 10-bedroom suites Luxury Guest House – endorsed by the PR Tourism Company
• Endorsed by the PR Department of Economic Development & Commerce
• Structural, Mechanical, Demolition plans, and furniture layout plan are available to Buyer. Commissioned to a leading local Architectural Firm all included in the price
• Multiple options for the Buyer to structure project taking advantage of incentives for hospitality projects and those specific to Culebra Island
• Easy access by plane from several airports and regularly scheduled ferry service from Ceiba
• Brand new ferry terminal 2026 with brand new ferries 2025
• Great location for all water sports including sailing and boating from Culebra to Puerto Rico, the Spanish Virgin Islands, the US Virgin Islands and British Virgin Islands.
• Corner parcel of land of approximately 600 square meters with existing structure
• Annual Real Estate Taxes $12 USD
• Envisioned, designed and endorsed for an 8 one-bedroom suites premium luxury guest house with three levels including ground level common areas and parking facilities including ADA compliant
• 10-bedroom suites Luxury Guest House – endorsed by the PR Tourism Company
• Endorsed by the PR Department of Economic Development & Commerce
• Structural, Mechanical, Demolition plans, and furniture layout plan are available to Buyer. Commissioned to a leading local Architectural Firm all included in the price
• Multiple options for the Buyer to structure project taking advantage of incentives for hospitality projects and those specific to Culebra Island
• Easy access by plane from several airports and regularly scheduled ferry service from Ceiba
• Brand new ferry terminal 2026 with brand new ferries 2025
• Great location for all water sports including sailing and boating from Culebra to Puerto Rico, the Spanish Virgin Islands, the US Virgin Islands and British Virgin Islands.
Location
State PR
County Culebra
Area 00775 - Culebra
Interior
Cooling None
Building
Foundation Concrete Perimeter
Lot Size Range 0 to less than 1/4
Structure Type Concrete
New Construction true
Construction Status Fixer
Others
Ownership Sole Proprietor
Special Listing Condition None
Virtual Tour https://www.propertypanorama.com/instaview/stellar/PR9113062
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