BO QUEBRADA FAJARDO

Fajardo, PR 00738
$2,300,000
20.00 acres | #PR9108415
For Sale

Description

One or more photo(s) has been virtually staged. This strategically located 20-acre lot in Barrio Quebrada, Fajardo, Puerto Rico, represents a unique opportunity for high-quality real estate development. With preliminary plans for a 230-unit condominium project, the site is just 5 minutes from downtown Fajardo, 15 minutes from the Conquistador Resort and Fajardo Marina, and enjoys privileged access to PR-3, ensuring exceptional connectivity and appeal for future residents. The project is designed to be developed in flexible phases of 20 units each, allowing for efficient resource management and optimal adaptation to market conditions. Each unit will feature two parking spaces, with “garden” and “penthouse” options distributed over two levels in buildings equipped with elevators and strategically oriented to maximize ocean views. Additionally, the land has been graded using A-24 and A-26 compacts, ensuring a solid foundation for development. Detailed projections of the initial investment and final return have been conducted, ensuring the project’s financial soundness. Of the 20 available acres, only 10 will be used for the construction of the units, leaving a 10-acre remnant ideal for developing common areas,helipads, commercial zones, or a combination of these elements, significantly enhancing the project’s value and potential in Puerto Rico’s real estate market. This carefully planned development is designed not only to meet residential needs but also to give a comprehensive approach that maximizes land use and future development opportunities, presenting itself as a high-potential investment destined to become a landmark in the region.
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  • Property Details
    • Property
      • View:City, Garden, Mountain(s), Water
    • Measurements
      • Acres:20
  • Construction Details
    • Type & Style
      • Property type:Purchase
  • Utilities / Energy Details
    • Utility
      • Utility source:Canal/Lake For Irrigation
      • Utility features:Electrical Nearby, Street Lights
  • Community and Neighborhood Details
    • Location
      • County:Fajardo
  • Financial Details
    • Pricing Details
      • Original List Price:$2, 300, 000
      • Days on Market (Cumulative):89
  • Other
    • Source
      • MLS #:PR9108415

Location

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IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Some IDX listings have been excluded from this website. Listing Information presented by local MLS brokerage: Patricio R. Mosquera

Last Updated: . Source: SMLS

Listing Courtesy
Listing Agent: Roberto Cardona Nieves
Listing Office: ROBERTO C CARDONA LLC

Patricio R. MosqueraReal Estate Group
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10.0%

Interest Rate

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6.0%

Tax Rate

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2.6%
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    MIAMI ASSOCIATION OF REALTORS® All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of the Multiple Listing Service. Real estate listings held by brokerage firms other than Marjo Realty Co. may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS.

    IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Some IDX listings have been excluded from this website. Listing Information presented by local MLS brokerage: Patricio R. Mosquera