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Barrio Maleza Alta ‘’The Enchanted Island’’ Aguadilla, Puerto Rico

Barrio Maleza Alta ‘’The Enchanted Island’’ Aguadilla, Puerto Rico. Size - The property is 2.5 “ cuerdas ” ( approximately 3 acres). Dimensions - The length is 723 feet x width 137 feet .

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Barrio Maleza Alta ‘’The Enchanted Island’’ Aguadilla, Puerto Rico

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  1. Barrio Maleza Alta ‘’The Enchanted Island’’ Aguadilla, Puerto Rico

  2. Size - The property is 2.5“cuerdas” ( approximately 3 acres). Dimensions- The length is 723feet x width 137 feet. Zoning - Residential Permits - None at the moment. As of January 2010, a new law was approved to streamline and expedite the permit process. Actual use - Vacant – raw land. Best use - Tourist – residential development. Facilities- Adjacent to the property.

  3. PORTA DEL SOL Tax Incentives • Up to 90% exemption on income tax • Up to 90% exemption on property tax • Up to 100% exemption on construction tax • Up to 100% exemption on municipal tax • Up to 100% exemption on excise tax

  4. FINANCING AVAILABLE • Government development bank • Owners • Private Banks • PRICE AVAILABLE UPON REQUEST

  5. COMPARABLES • Joyuda 7 acres - $5M • Combate 6.3 acres - $3.5M • La Parguera 4,482 meters - $120K • CaboRojo .61 acres - $1.8M • Rio Mar Beach 10.76 acres - $23.7M • Rio Mar Beach 4.55 acres - $13.6M • Rio Mar Beach .96 acres - $2.4M • Rio Mar Beach 6.12 acres - $18.5M • Santurce .23 acres - $1.3M

  6. Comparable to site distance Santurce 77 miles to Aguadilla SITE Aguadilla Joyuda 22 miles to Aguadilla CaboRojo 26 miles to Aguadilla Rio mar beach 96 to Aguadilla Cambate 33 miles to Aguadilla La Parguera 32 miles to Aguadilla

  7. Property Features • 180 degrees beautiful ocean view from the property cliff, 200 feet above sea level. • Access to Three Major Airports- 5 minutes to Ramey Base airport. • Close to Major Universities • Possible Project Developments: Hotels, Casinos, Retail Businesses, Condo-Hotels, Resorts, Residential Gated Communities…

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