PR 466 Int. Emilio Gonzalez St, Villa Pesquera, Isabela, PR.

• Beach Front Property
• Properly Zoned
• Turistic Zone
• International Airport with Direct Flights to Mayor US Cities
• 1st & 2nd Home Residential

Property Description

The subject property consists of 30 Acres, or 115,935 SM of land, of which approximately 3 Acres are beachfront. Subject property has a positive recommendation for approval from governmental authorities (OGPE- Oficina de Gerencia de Permisos). This approval is pending until the submittal of the final architectural design from architects, which consists of 84 residential lots ranging from 800 SM to 1,000 SM, 5 oceanfront or beachfront lots on the main parcel, and 1 permit for a structure that is already standing, for a total of 90 residential lots. Also within the development plans are 2 buildings of 32 units each, for which a reopening request has been submitted with its corresponding Environmental Impact Declaration. Property is, for the most part, zoned as R1 and has a designated area of conservation of approximately 4,000 meters for the construction of a retaining pond. The Land Among Sand extraction permit has been endorsed by the PR Tourism Company for a hotel accommodating 250 rooms, a 20,000 SF convention center, and a casino.