Apt: A-25
LUQUILLO, PR 00773

Property

Furnished: YES
Ownership: Fee Simple
Type: Condo
Bedrooms: 8 BR
Bathrooms:
Lot Size: 0.1 Acres

Financials

Price:$1,500,000
Annual Taxes:$1,118
Listing Courtesy of CHRISTIE'S INTERNATIONAL REAL ESTATE PUERTO RICO

Opportunities of this scale and location rarely come to market.

Description

Opportunities of this scale and location rarely come to market. Magnificently positioned on the oceanfront in Playa Punta Bandera, Luquillo, this fully furnished multifamily property presents a compelling opportunity for an investor ready to move beyond a single Airbnb and acquire a larger, more versatile coastal asset. Currently the only oceanfront multifamily home on the market in Luquillo, the property offers approximately 3,500 square feet of gross living area on a 357 square meter lot. Its layout is distributed across seven independent units and includes eight bedrooms, eight full bathrooms, three kitchens, separate utility meters, private porches, and open and covered terraces; comfortably accommodating up to 18 guests. Three units feature dedicated kitchen and dining areas, while the remaining four are configured as private guest accommodations with their own bathrooms and access to outdoor spaces. Previously operated as a guest house, the property is already well configured for a buyer interested in resuming similar hospitality use. Its flexible arrangement also allows investors to pursue short term rentals, long term rentals, or a combination of both within one property. With breathtaking ocean views, a versatile layout, and convenient access to Luquillo’s beaches, restaurants, El Yunque National Forest, and other major attractions, this property is well suited for someone seeking an investment opportunity larger and more dynamic than a traditional single unit vacation rental. Call today to schedule your private showing and experience this unique oceanfront opportunity firsthand. Disclaimer: The property may require minor repairs and maintenance

Amenities

  • Balcony
  • Beach
  • Ceiling Fans(S)
  • Electricity Connected
  • Microwave
  • Refrigerator
  • Water
  • Water Connected

All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. International currency conversions where shown are estimates based on recent exchange rates and are not official asking prices.

All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.