Nieves Santiago
Po Box 153 Boqueron PR 00622-0153
Puerto Rico
Details
Area | Arecibo |
Sub Area | Buenos Aires (Barrio) |
State/Province | Arecibo |
Country | Puerto Rico |
Price | $185,000 |
Property Type | House |
Bedrooms | 6 |
Bathrooms | 2 |
Floor Space | 1940 Square Feet |
Lot Size | 207.00 m² |
Year Built | 1960 |
Parking | 3 Spaces, Open |
MLS® # | 56825 |
Incredible investment opportunity in Arecibo! This impressive multi-family property, with the option to convert to single family, offers unique colonial architecture and an excellent income opportunity with the rental of both units. On the first level, you will find a cozy apartment with 2 bedrooms, 1 bathroom, living/dining room, kitchen and a large balcony, plus a versatile multipurpose room and a convenient outdoor laundry. The second floor features a spacious apartment with 3 bedrooms, 1 bathroom, living/dining room, kitchen and a front balcony. Located in a strategic area, this property offers quick access to the main attractions of Arecibo, such as the UPR of Arecibo just 8 minutes away, the Poza del Obispo 7 minutes away, the Judicial Center 4 minutes away and the Arecibo Yacht Club 5 minutes away. In addition, you will be a short drive from places like the Christopher Columbus statue (16 minutes), the Outlets of Barceloneta (20 minutes), the beaches of Islote and the picturesque town of Utuado (25 minutes). Don't miss the opportunity to acquire this unique property that combines the best of residential and commercial life in a privileged environment, contact us today for more information and to schedule a visit!..
Listed by Keller Williams Grand Homes
Location
About
Puerto Rico offers all of this along with glitzy resorts, architectural remnants of a rich, colonial past and an eclectic Caribbean Spanish culture. And the fact that Puerto Rico is a commonwealth of the United States, allowing hassle-free travel to and from the mainland, makes the island a one-of-a-kind destination, perfect to call home.
Why Buying Real Estate in Puerto Rico is a Great Idea
There are a number of reasons why buying real estate in Puerto Rico is a great idea. Americans seeking to retire to a tropical paradise or to invest in a hot market are offered flexible financing, zero immigration concerns, and astounding tax breaks.
For years now, boomers have chosen places like Belize and Panama as ideal retirement destinations, never realizing they had an even better choice right in their own backyard. If warm trade winds and picturesque beaches lined with coconut trees are on your “must have” retirement list, Puerto Rico is calling you home.
Here’s why buying now makes a lot of sense
The property market in Puerto Rico has been in a serious slump over the last decade and prices are currently down, in some places by as much as 50%. It’s definitely a buyers’ market right now. But that won’t last long as more and more retirees and investors learn of the amazing deals to be had on this gorgeous island.
And did I mention the amazing tax breaks? Puerto Rico is one of the most attractive tax havens in the world for U.S. citizens. Those who are attracted to the idea of paying zero taxes on dividends and capital gains should definitely consider moving here full time.
At Your Service Always!"
We may be a small, local office, but we have the skills and expertise to serve any type of client looking for smart investment opportunities in the western side of Puerto Rico. Our belief of how clients should be treated is simple: When there is honesty from the very beginning, there is always trust at the closing.
I love working with first time home buyers and those looking to retire to this tropical paradise. I pride myself on being able to find the best deals and helping investors get the greatest returns for their portfolio.
Our team of real estate experts is unique. We are a group of elite real estate brokers and agents that possess the experience of actual market conditions and are legally registered in the government agencies.
We offer services that support all aspects of real estate buying and selling in Puerto Rico including being a seller’s real estate representative, buyer’s real estate representative, and offering comparable marketing analysis.
Thanks to the current tax benefits and splendor this island offers, thousands of high-net-worth retirees have moved to Puerto Rico in the past few years alone. Why not join them and make the next stage of your life extraordinary?
Why not let us help you?