REAL ESTATE INVESTMENT - DEVELOPMENT - WESTERN COASTAL PUERTO RICO

DISCOVERY BAY, PUERTO RICO:

FOR SALE - Ocean Front Property on the West Coast Puerto Rico (Aguada Bay)

$8.9 Million dollars

TROPICAL BREEZES, BLUE OCEAN WATERS frame this property to the West. - - 660 Ft of Sandy beach front+- ...Approximately 205 Acres of Government approved (completed Environmental Impact Statement (EIS) process and Consultation Permit process) development land included in this offering

Puerto Rico is wonderfully situated: To the West is the Dominican Republic , to the East are the Virgin Islands. The Development is on the West Coast close to the villages of Aquadilla and Aguada. A domestic Airport and Golf Course are nearby. Puerto Rico is a U.S. Protectorate which results in easy entry and exit by air, or water craft.

This property was designed to accommodate a large inland full service marina village with residential tourism and other commercial elements with permits applied and approved (completed Environmental Impact Statement (EIS) process & Consultation Permit Process)

Additional acreage available for the establishment of an equestrian center may be purchased at a very reasonable price if desired.

Some of the potential uses that could be considered are:

*Storm protected dry storage marina to original or lesser design

* Private compound with marina and yacht basin. This could envision one to say 20 or more homes configured to the developers desires including slips for very large yachts and Commercial Elements as desired

*Large Marina with space for yacht storage with a protected approach from the Mona Passage including commercial elements.

*Let your imagination run with multiple profitable development alternatives.

The Original Plans were to include:

500 Wet Slip Marina

500 Dry Stack Boat Storage

Yacht Access to 180 Ft

160 Room Hotel and Casino

Single Family Residences

Commercial Establishments to Service the Development

Puerto Rico currently is in a challenging market. I cannot think of a time that a little forward thinking could result in the buy of the century in this property. The Island has recently passed new laws that allow "Tax Free Investors in Puerto Rico" Puerto Rico is Luring Buyers with Very Large Tax breaks and other new desirable benefits, (Act 22 and Act 20, or the Individual Investors Act and the Export Services Act).

The price per Acre for Ocean fronted commercial property is lower than ANY other property of it's type!

Seller is Very Motivated to move the Property to take advantage of current years tax advantages. We want to hear from you.

Again 205 Acres +-, 660 feet of Sandy Beach front, Currently permitted up to (completed Environmental Impact Statement (EIS) process and Consultation Permit Process)

Give us an email with your interest or questions.

Click on the below for a short tour: (English)

http://www.visualtour.com/show.asp?t=3533951&prt=10003

Click on the below for a short tour: (Spanish)

http://www.visualtour.com/show.asp?t=3444486&prt=10003

THANK YOU FOR YOUR TIME.

Capt Rich

http://www.captrichwittig.com