1- Located at: Briefly described as the : Juan Perez” Parcel and consists of { Approximately 825 Acres} of vacant Prime Oceanfront Land, located at State Road 187, between kilometer marker 10.3 and 12.3 in the municipality of Loiza, Puerto Rico USA. The property features two kilometers of wide, white sandy beach along the Atlantic Ocean and antique use rights which allow a wide variety of uses on the land including tourism, recreational, mining and energy uses. Located in a private beach and with right of Spanish Kings.
2- The Project Dubai of the Caribbean is an ambitious project, which want to bring a similar Amusement Park with an Aquarium with Hotel , Restaurants, Shops, a Marina for cruises and small embarkation, including others amenities, like the ones in Dubai to Puerto Rico.
3- The land consists of the sale of 824 Acres of land located in front of the private beach and which is vacant. It is in a geographically desired location, since it is located at ten minutes from the international airport of San Juan, Puerto Rico and to the hotel chains in the area of the capital, San Juan.
4- Also, is located in about fifteen minutes from the Old San Juan , where the fourteen Cruises arrive every month, bringing approximately 1.5 million of tourist a year, according to the figures of the tourism company of Puerto Rico. [Reported on December 2018]. The project is also located, at five minutes to the hotels chain in el Isla Verde area and ten minutes of el Condado area.
5- The government tourist agency, reported a profit of 90% even 100% of rooms sold during the spring season of 2019 and also in the Casino business reported millions of revenue in the Jackpot machine in 2018, from the local and international tourism.
6- One of the most important factor of this Prime Private Oceanfront Land is that is located in the area of more cultural traditions part of the island, and where more than ten thousand people enter every week { as per local police report}, especially on the weekends, to eat typical food at the kiosks.
What can be developed on the land.
1 The land is a unique piece of property due to the fact that poses Kings Right. Which permits to develop any cain of business.
2 An attraction, Puerto Rico’s first amusement Park. The Aquarium Dubai of the Caribbean.
3 A Gran Marina, where Cruise ships and small embarkation can arrive, bringing tourist to the Aquarium Amusement Park.
4 Hotel.
5 Casinos.
6 Parking.
7 Restaurants.
8 Kiosks.
9 Golf course.
Sellers Participation:
The 824 acres of Prime Ocean front land with the private beach, is available to develop any tourist development, with the great advantage that the seller is willing to partnership in a financial venture with the buyer {s}, developer {s} or investors. Or sell the property free and clear to an investor {s}. Seller also, he is willing an able to receive proposals from any interested parties that wants to take advantage of this great opportunity and to all of the wonderful incentive that the government of Puerto Rico is offering to all investors in the Island, which includes the United State , Visa EB-5 and all taxes incentive.
Contributions to government and to the local people of Puerto Rico, of the project.
1 New Development of new jobs in many areas of the project.
2 Increase the local and global tourism development in Puerto Rico which will benefits the local economy.
3 Will bring local and international investors, to invest in the project.
4 Bring a project to the town of Loiza, to incentive the local to people to renovate the Kiosk Area. Where the local people come to eat and dance every day , especially in the weekend. Like others town had done it already after the Huracan Maria.
Data of the Property:
Estancia denominated as Plot "Juan Perez", located in the District of Monte Negro, of the Jurisdiction of the Loiza composed of 826 Acres, locate in 187 state street, between kilometers -10.3 and 12.3
The property belongs to two separate corporation, due to the fact that Puerto Rico laws of do not allow a single corporation to own more than 500 acres together. This property contains a large deposit of sand known as "Islote de Juan Perez", and contains over 1.1 million of cubic meters of usable sand. Which can be extracted and sold separate or could be used for the construction of the project. The Value of the sand is estimate at $ 110 Millions of dollars. Due the change of build codes after the Huracan Maria, Puerto Rico government changed to the building code, and the new homes has to be built in concrete, and therefore the sand is in big demand at the present time.
According to the appraiser description of the sand, in 2007 appraisal, the sand is of very good quality of sand and has many uses, including construction material and industrial uses. It is described as {Holocene and Pleistocene} and predominantly composed of fragments of snails sedimented by calcium carbonate, which is a very strong material.
The property is free of debts, since it was an ancestral Spanish heritage and one of the heirs is the current owner of the property.