Marazul Beachfront Condominium - FOR SALE

Property Description
Marazul Beachfront Condominium is a unique opportunity to own a residential building located on a beautiful sandy beach in Aguada, situated on the west coast of Puerto Rico. This building consists of 10 floors with 48 apartments in shell condition with breathtaking panoramic views of the Atlantic Ocean to its North and Mountain views to its South. All units enjoy spectacular views and refreshing tropical breeze.
Marazul is part of a two-tower development, with one tower currently sold and fully operational. The second tower is unfinished, ready for the right buyer to purchase and complete to maximize its full development potential. Both towers enjoy shared amenities such as a swimming pool, clubhouse, gazebo, beach volleyball court, playground, and direct access to a beautiful sandy beach.
Upon completion these units can be used as primary residences, vacation homes, or investment properties. The future owner of this asset will have strong upside potential due to its strategic location 1 mile from Rincon. Rincon has experienced a significant increase in tourism bringing economic benefits to the west coast region of Puerto Rico, such as job creation, increased revenue for local businesses, and strong population growth. Additionally, it has helped to promote the west coast of Puerto Rico as a tourist destination and attract visitors from around the world.
Don't miss this unique opportunity to purchase this one-of-a-kind beachfront building primed for success where beachfront living meets unparalleled investment potential.
Location Description
Located in the Guayabo Ward in Aguada, Puerto Rico, Marazul Beachfront Condominium is only 1-mile from Rincon, a 30-minute drive to the Rafael Hernandez International Airport in Aguadilla, and 45-minutes from Royal Isabela Resort & Golf Club in Isabela.
Aguada is a popular destination for tourists and locals alike, known for its beautiful beaches and crystal-clear waters. The town offers a variety of activities, including swimming, sunbathing, fishing, boating, hiking, and surfing with many restaurants, bars, and shops in the town.
Both Aguada and Rincon are charming towns renowned for their breathtaking natural beauty, pristine beaches, and vibrant cultures. Rincon specifically is a surfing destination known as the “Pueblo del Surfing”, attracting adventure enthusiasts from around the world with its world-class surfing conditions and consistent swells.
Highlights
Marazul Beachfront Condominium - FOR SALE
Location: State Road PR-115, Aguada, Puerto Rico
Situated only 1-mile from Rincon
Coordinates: 18.379726, -67.220166
South Tower: 42 standard units & 6 penthouses
Property Tax ID’s: 068-075-303-85
Zoning: R-A (Urban Residential)
Christiansen Commercial Information
Seller Financing: Subject to negotiation