$2,300,000
For Sale

BO QUEBRADA FAJARDO

Fajardo, PR 00738
20.00 acres | #PR9108415
Browse 31 photos
Type:Purchase
Structure:Land
Zone:Residential

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.

  • Property Details
      • Utility FeaturesElectrical Nearby, Street Lights
      • ViewCity, Garden, Mountain(s), Water
      • Utility SourceCanal/Lake For Irrigation
      • Original List Price$2,300,000
      • MLS #PR9108415
      • MLS #PR9108415
      • Property TypePurchase
      • CountyFajardo
      • Cost2300000
      • Property SubtypeLand
      • Days on Market (Cumulative)118
      • Acres20

Location

Lakeland Florida Real EstateLakeland Florida Real Estate
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Down Payment

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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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Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

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