Description
5-acre lot for sale in cabo rojo, puerto rico – ocean view, next to the soon-to-be-built
exclusive esencia resort development
this is a rare opportunity to invest in a 5-acre lot with breathtaking ocean views, located in one
of the most scenic areas of cabo rojo, puerto rico. positioned near boquerón bay, renowned
for its calm waters, submarine gardens, and bird sanctuaries, this area offers access to some
of the best beaches in puerto rico, perfect for water sports, eco-tourism, and relaxation.
strategically located adjacent to the upcoming $2 billion esencia resort, which will be anchored
by luxury brands such as aman group, mandarin oriental hotel group, and rosewood hotels
and resorts, this lot is part of an area slated to become a high-end global tourist destination.
the development includes plans for 5 luxury hotels, which will elevate the region’s profile.
key highlights:
• prime location: ocean-view lot situated next to the future esencia resort,
offering incredible potential for value appreciation.
• dts zone: the land is classified under desarrollo turístico selectivo (dts),
making it perfect for tourism-related projects such as boutique hotels, luxury villas, or eco-
resorts.
• generous tax incentives: the government of puerto rico offers 30% to 40% tax
credits on construction costs for tourist-oriented hotels with a minimum of 15 rooms. if the
hotel is built with individual villas on the 5 acres, you will benefit from a 4% tax rate on sale
profits and 4% tax on income from the hotel and villas. additionally, you’ll enjoy a 50%
discount on utility bills and exemptions from sales tax on the purchase of ff&e (furniture,
fixtures, and equipment). no other jurisdiction under the u.s. flag offers such generous tax
incentives.
• natural attractions: close proximity to pristine beaches, rich marine life, bird
sanctuaries, and serene waters make this location ideal for eco-tourism and water sports
enthusiasts.
• investment opportunity: with the imminent development of esencia, property
values in this area are expected to rise significantly, offering a lucrative investment opportunity.
this property is listed at $989,000, presenting the perfect opportunity to invest in a premier
location while enjoying the unparalleled beauty of cabo rojo and its surroundings.
don’t miss out on this chance to own land in one of puerto rico’s most promising tourism
destinations!
Property Type
LandCounty
Cabo RojoStyle
LandAD ID
46708259
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Property Details
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Interior Features
Heating & Cooling
- WaterSource: None
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Property / Lot Details
Lot Information
- Lot Dimensions: 472x409x403x265x307x430x150x45
- Lot Square Feet: 252648
- Lot Acres: 5.8
Property Information
- Property Type: Land
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Listing Information
Listing Price Information
- Original List Price: $989000
-
Taxes / Assessments
Tax Information
- Parcel Number: 402-028-327-26
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School, Utilities &Location Details
Utility Information
- Other
Location Information
- City: CABO ROJO
- Direction: From San Juan Airport go west on road 26/Baldorioty Ave and then merge with road 22 and after 1/2 a mile merge with road 18. Plaza las Americas Shopping Center should be on your right. Follow the signs that say Caguas, you are going south west. That road will merge you with highway 52 or Luis A. Ferre Highway as it's locally known. Drive south for about 1 hour at speed limit, you should see the letters PONCE on a huge display crossing the road. After Ponce, 52 will turn into road number 2, keep driving for about 45 minutes towards Mayaguez. You should be looking for the exit that says Carretera 100 that goes from number 2 to Cabo Rojo. Once on Carr. 100 keep driving towards the end of it for about 12 minutes then merge with road 301 for about 10 minutes and then merge with road 3301 making a sharp right. keep driving for 2 minutes and right before Farmacia el Combate make a sharp right. drive until You'll see a glass house at the top of the mountain, the land is the one next to it on the right.
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BuyOwner last updated this listing Fri Nov 08 2024
- MLS: MFRPR9108157
- LISTING PROVIDED COURTESY OF: ,
- SOURCE: MFRMLS (My Florida Regional MLS DBA Stellar MLS)
is a Land, with 0 bedrooms which is for sale, it has 252,648 sqft, 6 sized lot, and 0 parking. A comparable Land, has bedrooms and baths, it was built in and is located at and for sale by its owner at . This home is located in the city of CABO ROJO , in zip code 00623, this Cabo Rojo County Land and are nearby neighborhoods.