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Unique Opportunity for High-Quality Real Estate Development in Fajardo PR | $2,300,000
Rogelio Ferrer Ramos Agent Photo
Rogelio
Ferrer Ramos
C. (787) 460-4896
P. (787) 278-4896
License #: C6384
Phone Rogelio http://www.remaxdorado.com
RE/MAX Dorado Realty
PoBox 547. Dorado, PR 00646

Puerto Rico

Details

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Years (35 year max)
Years



AreaQuebrada Fajardo
Sub AreaQuebrada (Barrio)
State/ProvinceFajardo
CountryPuerto Rico
Price$2,300,000
Property TypeVacant Lot
Lot Size80937.00 m²
MLS® #56441

One or more photo(s) has been virtually staged. This strategically located 20-acre lot in Barrio Quebrada, Fajardo, Puerto Rico, represents a unique opportunity for high-quality real estate development. With preliminary plans for a 230-unit condominium project, the site is just 5 minutes from downtown Fajardo, 15 minutes from the Conquistador Resort and Fajardo Marina, and enjoys privileged access to PR-3, ensuring exceptional connectivity and appeal for future residents. The project is designed to be developed in flexible phases of 20 units each, allowing for efficient resource management and optimal adaptation to market conditions. Each unit will feature two parking spaces, with “garden” and “penthouse” options distributed over two levels in buildings equipped with elevators and strategically oriented to maximize ocean views. Additionally, the land has been graded using A-24 and A-26 compacts, ensuring a solid foundation for development. Detailed projections of the initial investment and final return have been conducted, ensuring the project’s financial soundness. Of the 20 available acres, only 10 will be used for the construction of the units, leaving a 10-acre remnant ideal for developing common areas, helipads, commercial zones, or a combination of these elements, significantly enhancing the project’s value and potential in Puerto Rico’s real estate market. This carefully planned development is designed not only to meet residential needs but also to give a comprehensive approach that maximizes land use and future development opportunities, presenting itself as a high-potential investment destined to become a landmark in the region..


Listed by Roberto C. Cardona Nieves / DBA Rich Port Internat


Location

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Data Source: Statistics Canada
THE DATA PROVIDED SHOULD BE USED AS A GUIDE ONLY. FOR UP TO DATE REFERENCE MATERIAL, CONSULT WITH INDIVIDUAL REGIONAL WEBSITES.
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About

Remax Dorado Realty offers the expertise and the right service to ensure that your real estate goals are met! Our agents are veteran RE/MAX professionals that can tackle your real estate needs quickly, efficiently and accurately.


If you're buying
We can answer questions on home financing and local community issues. Our staff are Dorado residents that know the area by heart. We will help you determine your specific needs and work hard to find a home with all the amenities you're looking for, at a price you can afford.


If you're ready to sell
Our agents can help you determine your property's worth in today's market. We develop an individual marketing plan to sell your property quickly and at the right price. And as part of the community and RE/MAX, we have access to a long list of potential buyers for your property.

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