Marazul South Tower - 48 Condos for Sale

Property Description

Marazul Condominium is a two-building beachfront residential development in Aguada, Puerto Rico. The north tower is fully sold and operational, while the south tower is for sale. This property, consisting of 48 condominium units, presents a great opportunity for investors and developers capable of completing its construction and selling the condo units at a profit. This is a uniquely permitted beachfront residential development, registered at the Registry of Property. Motivated seller, willing to evaluate offers. Seller financing is available.

Encompassing a total construction area per building of 120,236 s.f. (equivalent to 11,170 s.m.), property improvements include recreational areas such as adult & children pools, a gazebo area, meeting room, bathrooms, sand volleyball, and direct access to the sandy beachfront. All units offer breathtaking ocean and/or mountain views, two parking spaces, and access to all common areas, as per legal deed. The location is ideal, just a minute’s drive to the neighboring thriving municipalities of Rincon and Aguadilla via PR 115.

Condo units range from 1,745 SF, encompassing one bedroom, convertible to two rooms, to 3,248 SF penthouse units, encompassing two bedrooms, convertible to three rooms.

Location Description

Marazul Condominium is located in the Guayabo Ward of Aguada, Puerto Rico, only 1 mile from Rincon and a 30-minute drive to the Rafael Hernandez International Airport in Aguadilla. Aguada is a popular destination for tourists and locals alike, known for its beautiful beaches and crystal-clear waters. The area offers a variety of activities, including swimming, sunbathing, fishing, boating, hiking, and surfing, with many restaurants, bars, and shops in the town.

Aguada, Rincon, and Aguadilla are thriving municipalities on Puerto Rico's west coast, experiencing substantial investments, drawing in new residents, and driving up demand for this type of condominium property.

Highlights

• South Tower: 42 standard units & 6 penthouses
• Seller Financing Available
• Location: State Road PR-115, Aguada, Puerto Rico
• Situated only 1-mile from Rincon
• Coordinates: 18.379726, -67.220166
• Property Tax ID’s: 068-075-303-85
• Zoning: R-A (Urban Residential)

Property Video: Marazul South Tower - Motivated Seller, 48 Condos for Sale