Property Description: The Hotel is an existing beach front Tourist Hotel located on Condado Beach Area of San Juan, Puerto Rico. The Hotel has 37 guest rooms (keys), and a beautiful 2 bedroom, 2 bathroom owners Penthouse with a large modern kitchen. The Hotel has an electrical power plant and water storage tanks. All guest rooms have central air condition and are well furnished.
A 90%,10 year goverment tax exemption on all property and income taxes is presently in effect ans is transferable to qualified buyer.
Location Description: The property is located directly on the beach in the center of Condado Tourist Zone. The San Juan Mariott and new Renaissance Hotel Casino are located less than 2 blks. away. The Condado is a well developed densely populated urban upscale neighborhood which displays a wide variety of amenities including numerous branded Hotel chains located throughout. Restaurants, High End Boutiques and Retail Shopping are just some of the thriving business catering to the needs of Tourists and Locals alike.
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