CARR 3301 INTERIOR

CABO ROJO, 00623

5-Acre Lot for Sale in Cabo Rojo, Puerto Rico – Ocean View, Next to the Soon-to-Be-Built Exclusive Esencia Resort Development This is a rare opportunity to invest in a 5-acre lot with breathtaking ocean views, located in one of the most scenic areas of Cabo Rojo, Puerto Rico. Positioned near Boquerón Bay, renowned for its calm waters, submarine gardens, and bird sanctuaries, this area offers access to some of the best beaches in Puerto Rico, perfect for water sports, eco-tourism, and relaxation. Strategically located adjacent to the upcoming $2 billion Esencia resort, which will be anchored by luxury brands such as Aman Group, Mandarin Oriental Hotel Group, and Rosewood Hotels and Resorts, this lot is part of an area slated to become a high-end global tourist destination. The development includes plans for 5 luxury hotels, which will elevate the region’s profile. Key Highlights: • Prime Location: Ocean-view lot situated next to the future Esencia resort, offering incredible potential for value appreciation. • DTS Zone: The land is classified under Desarrollo Turístico Selectivo (DTS), making it perfect for tourism-related projects such as boutique hotels, luxury villas, or eco- resorts. • Generous Tax Incentives: The government of Puerto Rico offers 30% to 40% tax credits on construction costs for tourist-oriented hotels with a minimum of 15 rooms. If the hotel is built with individual villas on the 5 acres, you will benefit from a 4% tax rate on sale profits and 4% tax on income from the hotel and villas. Additionally, you’ll enjoy a 50% discount on utility bills and exemptions from sales tax on the purchase of FF&E (Furniture, Fixtures, and Equipment). No other jurisdiction under the U.S. flag offers such generous tax incentives. • Natural Attractions: Close proximity to pristine beaches, rich marine life, bird sanctuaries, and serene waters make this location ideal for eco-tourism and water sports enthusiasts. • Investment Opportunity: With the imminent development of Esencia, property values in this area are expected to rise significantly, offering a lucrative investment opportunity. This property is listed at $1,200,000 presenting the perfect opportunity to invest in a premier location while enjoying the unparalleled beauty of Cabo Rojo and its surroundings. Don’t miss out on this chance to own land in one of Puerto Rico’s most promising tourism destinations!

Listing courtesy of BAUHAUS URBAN [email protected]



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Data last updated at: 2024-10-29 08:00 PM EDT