Maremio - Luquillo0c28e4c7-a7a5-44da-9798-d33f02f28789-al-prod.s3.amazonaws.co…Maremio - Luquillo...
Transcript of Maremio - Luquillo0c28e4c7-a7a5-44da-9798-d33f02f28789-al-prod.s3.amazonaws.co…Maremio - Luquillo...
Maremio - Luquillo Boasting 1,320 linear feet of beachfrontage - This beach front peninsula is comprised of 8.3 buildable acres plus an amazing 10.2 acre nature preserve. It is located in the Municipality of Luquillo – 20 minutes east of San Juan. There is no similar beachfront property available in Puerto Rico.
There are 208 units contemplated in 13 buildings with 16 units per building. All units will beachfront or beach view. The project is next to Puerto Rico’s most famous beach: Luquillo Beach.
The projects profit is estimated from $19,500,000 to $22,860,000 with an estimated ROI of 35%. Asking price for the project is $7,500,000
Projected units sizes are:
Sq. ft. Rooms Sales prices
1346-1450 sq ft 2b/2b $350,000.00 average
1524 sq ft 3b/3b $385,000.00 average
1971 sq ft 3b/3b $450,000.00 average
These sizes exclude terraces facing the ocean.
All necessary permits for construction (federal, state and municipal) have been obtained.
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Maremio - Luquillo Project is 25 minutes from San Juan International Airport. With the construction
(extension) of PR.66 it will be 25 minutes away.
Coco Beach, Bahía Beach and El Conquistador - Golf courses / resorts are from 10-15 minutes away. http://www.trumpgolfclubpuertorico.com (Trump)
http://www.bahiabeachpuertorico.com (St Regis)
http://www.elconresort.com (Waldorf Astoria)
Sales Prices for beach front units in Coco Beach and Bahía Beach start at $1,250,000 to $3,400,000.00.
There are 3 full service marinas 20 minutes away.
Less than one mile away is a large supermarket, Walgreens, many local restaurants as well as all the major fast food franchises. The city of Fajardo, which boasts Movie theatres, Wal-Mart, several supermarkets and large shopping centers is 10 minutes away.
Hospital San Pablo del Este, A 231 bed hospital provides from intensive and critical care, amongst others. Belongs to Universal Health Services Inc., (out of King of Prussia, PA operating in 22 states and Washington D.C. ) is 10 minutes from the project.
Location
Aerials
Aerials
Survey
Survey
1. No Capital Gains on the sale of the property, forever. 2. No Property Tax for 10 years. 3. No tax on rental income for 10 years. 4. No cost for stamps at closing.
Current PR Government R/E Incentives
Permisologia Luquillo
Agencia gubernamental Estatus
Consulta de Ubicacion (Junta de Planificacion) Aprobada Final
Anteproyecto/Desarrollo preliminar Aprobada Final
Evaluacion Ambiental Aprobada Final AEE Aprobada Final
AAA Aprobada Final
Estacion de bombas- playa azul Aprobada Final
Conexion de agua - general Aprobada Final
off site tuberia de distribucion de agua y obra extramuro Aprobada Final
Estacion de bombas para aguas usadas Aprobada Final
DRNA- endoso general Aprobada Final
HH Aprobada Final
Reglamento 25 Aprobada Final
ZMT - Deslinde Aprobada Final
Autoridad de Carreteras y Transportacion Aprobada Final
Dept. de transportacion y obras publicas Aprobada Final
Instituto de Cultura/ zona historica Aprobada Final
Arqueologico fase 1A Aprobada Final
Arqueologico fase 1B Aprobada Final
Municipio Aprobada Final
Estudio Hidrologico Aprobada Final
Junta de Calidad Ambiental Aprobada Final Departamento de Bomberos Aprobada Final
Estudio de Suelo Aprobada Final
Estudio de Transito Aprobada Final
Cuerpo de Ingenieros (COE) JD/Delimitacion Mangle Aprobada Final
All Building Permits are approved
Architectural Rendering
Floor Plan Ground level
Floor Plan 2nd level
Floor Plan 3rd to 5th floor
Floor plan 6th and 7th floor
PH Lower Floor Plan
PH – Upper floor Plan
Accessibility – new Hwy extension 20 Minutes from San Juan
Contact Info Jorge E. Uribe Mobile (786)-371-8777 Email: [email protected]