968 CAMINO LAS PICUAS KM 1.5 #13 Rio Grande, PR 00745

Beautiful beachfront home overlooking the ocean and "El Yunque" national rainforest. It has just been segregated and the owners have the title in hand. Located on the península of “Las Picuas” that extends into the Atlantic Ocean, on the northeast coast of Puerto Rico, right between two of the best resorts on the island, the Wyndham Grand Rio Mar Puerto Rico Golf & Beach Resort and the Hyatt Regency Coco Beach resort. This is a unique lot of 1042 sq.m. lot with direct access to the beach. The house offers 1,580 sq.ft. of living area distributed over two floors. On the first floor, there is one bedroom with a full bathroom, a spacious living room, dining room and a remodeled kitchen fully equipped. Enjoy beautiful sunrises and the ocean breeze from a nice covered terrace that extends into a huge backyard ideal for outdoor living and gathering with friends and family. The second floor features 3 bedrooms, 2 bathrooms, a family room, laundry, an open sundeck, and a cozy balcony perfect for sunset time. All bathrooms are remodeled. Easily convertible into a 2 units multifamily house.
This property is a great investment opportunity to live by the ocean and/or to generate short term rental income.
"Las Picuas" is among the very few exclusive beachfront areas left for investment in the island. There is a natural reef barrier surrounding and protecting the shore which makes it an ideal spot for snorkeling, kite surfing, paddle boarding, kayaking, fishing and more.
Tax incentives for act 20-22 investors may apply. Please call for a private appointment.