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Last updated on November 11th, 2024

Vistas de la Bahia Motel - FOR SALE

$3,600,000

State Road PR-307 Km. 7.4, Boquerón 00623


Building Size50,000 Square Feet
Land Size50,000 Square Feet
Units43
ZoningRT-A & RT-I

Located within the well-known Boqueron ward within Cabo Rojo, this charming property refers to the Vistas de la Bahía motel, a 33-room limited-service lodging facility, in addition to 10 two-bedroom apartments having a lobby/reception area, and two pools. The property consists of 3 structures built in concrete and concrete blocks with parking.

The property is specifically located at State Road PR-307, Km 7.4, steps from popular restaurants and stylish nightlife spots along El Poblado de Boquerón and a short driving distance to the beach.

The immediate neighborhood is considered a touristic area characterized by its excellent beaches, abundant wildlife, the Boquerón “Poblado”, the Boquerón Nautical Club, and the Boquerón Bay Marina.

In addition, the area is composed of single-family detached dwellings and supports small commercial properties such as restaurants, bakeries, hostels, boat rentals, bars, hardware stores, and car repair shops, among others.

The tourism industry in Puerto Rico has been showing record figures in the past year regarding occupancies and ADRs. This, coupled with the aggressive government tourism incentives and tax credit programs, makes this asset an ideal investment opportunity with tremendous upside potential.

Don't miss this excellent opportunity!

Highlights

  • Operating 33 room motel and 10 two-bedroom apartments
  • Site area: Approx. 12,000 SM
  • Amenities include a pool and a gazebo area
  • Parking: Approximately 21 parking stalls
  • Property tax id: 356-082-248-23-901
  • Zoning: RT-A (high-density residential touristic) & RT-I (intermediate residential touristic)
  • Flood: X (non-floodable area)
  • Coordinates: 18.0369823, -67.1802299
  • Seller Financing: Subject to negotiation
  • Property Video

The information contained herein is from sources deemed reliable, but is subject to errors, omissions, and withdrawal without notice.

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