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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.
Puerto Rico Hotels for Sale

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-Carolina (Isla Verde) FOR SALE
$3,900,000 Available for rent

Elder Realty Services
Elder Lopez
Email Elder


Work: 787-207-4255
Cell: 787-207-4255
Fax: 787-719-5920
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Details
  Address: Isla Verde Type: Commercial Style: Single Story Suite: No Living Area: 29,636 square feet Year Built: 0
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Description
  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. I 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

The Empress property is part of the Biscoachea Sector of Isla Verde section of the municipality of Carolina. This area is mostly bordered by hotels, restaurants, residential condominiums, as well as single-family and multi-family dwellings. The Isla Verde area runs along the north coast of the municipality of Carolina. In some areas, Isla Verde has direct access to the beach and in others, there is limited access to the beach and only provide real estate owners with a view of the ocean. The Biscoachea Sector of Isla Verde is bounded to the North by: the Atlantic Ocean, to the East by; the Ritz Carlton Hotel, to th West by; ESJ Towers and the San Juan Hotel, and to the South by the Isla Verde Avenue. Remember that you can Donwload a full presentation by clicking on the lower left menu! where it says "CLICK HERE TO DOWNLAOD A PRESENTATION" Only Serious Inquiries please. 787-207-4255 or visit www.palmasmls.com Empress.palmasmls.com
This Property is also available for rent with option to purchase at 25K monthly rental. Property need updating to be operable.
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Brokered and Advertised by Puerto Rico Real Estate LID 33005615
 
Information is deemed to be correct but not guaranteed. This presentation has been prepared solely for the purpose of allowing interested parties (investors) to evaluate an investment in the properties. Neither the owner of the properties nor Elder Lopez Realty make any warranty or representation, expressed or implied as to the accuracy of the information. buyers must conduct their own investigation.

 

Published Tuesday, November 15, 2011 9:10 PM by Elder Lopez

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