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REASONS TO PURCHASE NOW! 1- NO PROPERTY TAXES FOR FIVE YEARS! 2- NO CAPITAL GAIN TAX FOREVER! 3- NO RECORDING FEES! 4- NO RENTAL INCOME TAX FOR TEN YEARS! 5- 100% FINANCING AVAILABLE 6- HUGE PRICE REDUCTION! To Receive this incentive you must close on or before June 30th 2011. This Government Incentives apply only to new developments.
Hotel For Sale in Isla Verde

1
Diamond in the Rough, being Sold AS IS

• 29,636 sq. ft. single story - $5,900,000 USD - Or Best Offer

 -  Great Opportunity for Owner Operator. Well known Hotel in Isla Verde, This ocean front lodging facility with 39 unique ocean front units, is located only twenty five steps for the beach. The property needs updating to operate. The property features 39 guest rooms, and three restaurants. With approximately 20,659 square feet of oceanfront land. Currently Vacant and not in operating conditions. Being sold in as is condition. This property has a private yacht Slip. It could be demolish to built to suit. Ideal for ocean life lovers.
The subject is a 4 levels unit 29636 square foot lodging facility property on 20659.2 square feet of land. The property was built in Approximately 1965 and it needs to be update it. I also has a private bout slip and a huge deck over the water plus a pool Call me for complete details. Only Serious Inquiries please. 787-207-4255

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Published Wednesday, February 16, 2011 9:07 PM by Elder Lopez

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