Solarea and Punta Candelero: Condominiums and Beachfront Development Land
On behalf of Ownership, JLL Puerto Rico is proud to present the sale of Punta Candelero land and condominiums at Palmas del Mar, located in the city of Humacao, Puerto Rico. Punta Candelero is one of the few properties in Puerto Rico were construction is permitted only 20 meters from the water. The opportunity consists of the outright purchase of the 32 acre +/- parcel of land and 59 units, located within the Punta Candelero peninsula, surrounded by half a mile of the best beach protected by a natural reef. The site contains the first phase of the Solarea Beach Residences, a 74 luxury apartment complex. It features modern Mediterranean architecture, attractive floor plans with high ceilings, open kitchens, large master baths, significant terraces, and full length sliding glass doors and windows throughout. Common areas include large pools and terrace, full outdoor summer kitchen, residents lounge, playground, gardens and gym.
Palmas del Mar is an award winning destination resort community located in Puerto Rico’s southeastern coast, just 45 minutes from San Juan and only 15 minutes from the private airport at the former Roosevelt Roads Navy Base. It is a short boat ride from the islands of Vieques and Culebra and world class fishing and diving. The development stretches out approximately 3,000 acres and its marked by beautiful beaches, lavish homes, extensive gardens, two championship golf courses, the largest tennis center in the Caribbean, Hotel with Casino and The Yacht Club Marina. Palmas also offers excellent academic facilities for children from kindergarten through high school, a wide variety of restaurants, an equestrian center, hospitals, plus beach and country clubs.
Puerto Rico offers a unique opportunity for developers, contractors and investors seeking US domiciled assets with strong growth potential and tax efficiency. Download the PR Real Estate Investment Guide, 2020.
Mobile: +1 727 403 2503
Office: +1 787 777 5800