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|Property Type||Single Family|
|Floor Space||1600 Square Feet|
|Lot Size||300.00 m²|
|Parking||2 Spaces, Garage|
Property of two floors, composed of five rooms, three and a half bathrooms, living room, kitchen, dining room and family. Close to the Interamerican University and the town. Excellent HUD property # 501-887392. US Department of Housing and Urban Development. This means that you separate with only $ 1,000 and that the property qualifies for an FHA loan. In addition, HUD can contribute closing costs up to 3% of the sale price. It is sold "as is". HUD - Equal Housing Opportunity. Financing available if you qualify. Commission for seller up to 3% IE Repair Escrow $ 1,000 ..
Listed by Ruby REALTY
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.
Our MLS listings include:
- Residential properties
- Commercial properties
- Lots and lands
- Bank owned
- Farm and ranch
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?