KM 16.2 PR-172

CIDRA, PR, 00739

$23,375,000

$23,375,000
Active
Active
 - For Sale
property_type
Land
Considered one of the most beautiful land plots on the island, Finca Campo Alegre is a singular estate located in Cidra, Puerto Rico, with an extension of approximately 357 developable cuerdas (equivalent to 347 acres and 1.4 million square meters) of which one third borders the spectacular and well known Cidra Lake. Its terrain is a combination of beautiful plains, captivating rolling hills and gallery forests (see Note 1 below) throughout its extension, that provide exuberant and breathtaking panoramic views, bestowing an unparalleled sense of serenity and balance. This countryside property, situated within a 35-minute drive from the capital city of San Juan, offers a much cooler climate than the metropolitan area, lowering to 60'sº Fahrenheit (15'sº Celsius) at night. This temperature climate adds an additional allure to the area. The zoning for most of the property allows for the development of residential single family/multifamily use as other development types. Seventy percent of the property has a Site Consultation Approval for development of a mixed-use project consisting of 540 housing units, a floating dock on the lake and an additional commercial area. This beautiful estate could also be ideal for other purposes such as: a luxury hotel with a golf course, a country club with tennis courts, a retirement complex for the elderly, an ecotourism project, an area for stables and horseback riding and/or the construction of deluxe homes with unparalleled views of Cidra Lake, all this due to its diverse terrain topography. Several Tax incentives programs may apply such as those offered by: the United State Federal Government (Opportunity Zone Program), the Commonwealth of Puerto Rico (Known as the "Puerto Rico Incentives Code" for Opportunity Zones, Green Energy, Tourism and others). (Note 1-Forest that form as corridors along rivers or wetlands and projects into landscapes that are otherwise only sparsely treed). See video attached!
MLS® ID:
PR9098027
Listed:
11/29/22
Updated:
3/26/23
Wow Real Estate Puerto Rico
Guanina Cintron

Exterior/Building Features

Lot Size
346.73 acres lot
Sewer
None

Other Property Details

Area Name
00739 - Cidra
Taxes
$8878.5
Tax Frequency
per YEAR
Garage
No
Parking
N
View
N
County
Cidra
Utilities
Electrical Nearby, Sewer Nearby, Telephone Nearby, Water Nearby
Water Source
Public
Pool
No
Zoning
VARIOUS
Buyer Agency Compensation
2%
Transaction Broker Compensation
0%

Courtesy of PROPERTY TECH P.S.C., Francisco Berrios,
Listing Contact:  

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Data last updated 3/26/23, 5:52 PM UTC

Wow Real Estate Puerto Rico
Guanina Cintron
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