$989,000
For Sale

CARR 3301 INTERIOR

Cabo Rojo, PR 00623
Browse 15 photos
Type:Purchase
Structure:Land
Zone:Residential

Description

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 $989,000, 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!

  • Property Details
      • Acres5.8
  • Construction Details
      • Property TypePurchase
  • Utilities / Energy Details
      • Utility FeaturesOther
  • Community and Neighborhood Details
      • CountyCabo Rojo
  • Financial Details
      • Original List Price$989,000
      • Days on Market (Cumulative)64
  • Other
      • MLS #PR9108157

Location

Darren GreeneReal Estate Group
$
years

Down Payment

$
%
10.0%

Interest Rate

%
6.0%

Tax Rate

%
2.6%
$
$
annually
$
monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

Estimated Monthly Payment
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Loan Amount
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