CREATIVE OPPORTUNITIES

Development of real estate projects in Vieques offers unique possibilites. Low prices and availability of a wide range of residential property types presents Buyers with a myriad of choices.

Vieques offers many alternatives to individuals wishing to create their dream house or to build a getaway cottage. There are even options to develop small multifamily residential projects, such as low rise condos.

Projects

Numerous parcels for development of small scale projects are available. Zoning restrictions are not always obvious or logical, therefore, care must be used in selecting such properties. Guidance is offered initially as a free service.

For Sale

Location

• Size:
  1.2794 Cuerdas
  
• Features:
  600 Feet from beach
  Year around stream with waterfall on eastern end
  Views of ocean from second floor
  Ocean breezes
  Sound of the surf
  Dead end street to shore
  Walk to grocery store
  Water and electricity already on-site
  
• Development Options:
  Estate house with casitas
  Large guest house
  Multifamily or condos – up to 5 units
  Subdivision
  
• Visual aids:
  Drawings - Site Plan, Multifamily, and House (1st & 2nd floors)
  Model
  On-site tower to view the view
  
• Price:
  $175,000
  Owner financing available
  

Parcels 9, 12, & 12A, Monte Santo

Location

Description overall:
These 3 contiguous parcels are located between the two major north-south roads of Monte Santo and accessible via municipal roadways from below (west side) or above (east side). The parcels may be purchased individually or all together and developed as a compound.

As can be seen in the combination survey, the parcels lend themselves to common development. Note the access from below (west) for 12A and 9. Looking at the expanded survey, one can see the road access from above (east) for parcels 12 and 9. One possible overall development plan is shown.

Parcel 9, Monte Santo

• Size:
  .2632 Cuerdas
  
• Improvements:
  3 Bedroom house – approximately 1000 SF
  
• Features:
  View to ocean and Puerto Rico main island
  Access from above and below
  
• Development Options:
  Remodel existing house
  Add to existing house
  
• Price:
  $115,000
  Owner financing available
  

Parcel 12, Monte Santo

• Size:
  .1594 Cuerdas
  
• Features:
  View to ocean and Puerto Rico main island
  Access from above
  
• Development Options:
  Design and build a house
  
• Visual aids:
  Drawings of house plan
  Drawings of house elevations
  
• Price:
  $50,000
  Owner financing available
  

Parcel 12A, Monte Santo

• Size:
  .0762 Cuerdas
  
• Improvements:
  2 Bedroom house – approximately 600 SF
  
• Features:
  View to ocean and Puerto Rico main island
  Access from below
  
• Development Options:
  Remodel existing house
  Add to existing house
  
• Visual aids:
  Drawings of house plan
  Drawings of house elevations
  
• Price:
  $70,000
  Owner financing available
  

Parcel A-10, Monte Santo Playa

Location

I used to live in this cute house for over five years. It once sold for over $700,000. It is now owned by friends who are offering it for sale. When I owned the property I began the development of a large guest house. I lost my financing after obtaining building permits and constructing the retaining wall for the rear of the foundation. Plans and model are available, and permits would likely be renewable without too much effort. I have a great deal of faith in the ultimate success of the project and would be willing to assist in any way.

• Size:
  .5760 Cuerdas
  
• Improvements:
  1 Bedroom house – approximately 800 SF
  Living room includes Murphy bed for additional sleeping
  
• Features:
  View to ocean and Puerto Rico main island
  Access from two sides
  Protected site, yet lot touches the beach
  
• Development Options:
  Remodel existing house
  Add to existing house
  Develop guest house
  
• Visual aids:
  Photo 1 of Beach House
  Photo 2 of Beach House
  Photo 3 of Beach House
  Photo 4 of Beach House
  Photo 5 of Beach House
  Photo 6 of Beach House
  
• Price:
  $399,000
  Owner financing available