262 W Cruz De Malta,San Sebastian, PR 00685
San Sebastian, PR 00685
Description
Fantastic opportunity to invest in San Sebastián, Puerto Rico. This spacious four-story single-family home has approximately 2,934 S.F. living with numerous interior and exterior spaces that are reconfigurable. An independent appraisal supports a market value of $166K, providing a precise benchmark for acquisition and potential upside. Located in a stable residential community with access to PR-111, schools, and essential services, the area shows balanced supply and demand with typical marketing times of 3-6 months. With favorable local tax treatment under current incentives, Puerto Rico has emerged as a recognized investment-friendly jurisdiction for those who establish bona fide residency (typically living in PR for at least six months of the year). Regarding eligibility and structure, buyers are advised to speak with their tax and legal counsel. Perfect for mainland U.S. investors who want to take advantage of Puerto Rico's expanding real estate and relocation trend, diversify, and maximize their capital. Documentation supporting the appraisal is available upon request. This is a cash-only offer, and owner financing is also available.
Details
| MLS # | A11957301 |
|---|---|
| Listing Type | For Sale |
| Style | House |
| Sub-Type | Resale |
| Status | Active |
| Year | 1985 |
| Days On Site | 214 |
| Listing Provided By | Keller Williams Realty International Lifestyles | Beatriz Munoz Sarria |
Features
| Bed(s) | 4 |
|---|---|
| Bath(s) | 3 Total |
| SQ Feet | 2,934 |
| Garage | 1 |
| Zoning | R1 |
| Property View | Garden |
Exterior
| Lot Features | Less Than Quarter Acre |
|---|
Parking
| Garage Yes / No | Yes |
|---|---|
| Parking Features | Covered |
Taxes
| Tax Annual Amount | 300 |
|---|
Area Information
| State | PR |
|---|---|
| County | Other |
| City | San Sebastian |
| Zip Code | 00685 |
| Area | 5990 Global Outside US |
| Community Name | Urb Sta Teresita |
| Listing VS Median (in Urb Sta Teresita) | |
Price: $145,000 low | high Med: $145,000 sqft: 2,934 low | high Med: 2,934 $ / sqft: $49 low | high Med: $49 On site: 214 low | high Med: 214 | |
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Learn More About This Property
| State | PR |
|---|---|
| County | Other |
| City | San Sebastian |
| Zip Code | 00685 |
| Area | 5990 Global Outside US |
| Community Name | Urb Sta Teresita |
| Listing VS Median (in Urb Sta Teresita) | |
Price: $145,000 low | high Med: $145,000 sqft: 2,934 low | high Med: 2,934 $ / sqft: $49 low | high Med: $49 On site: 214 low | high Med: 214 | |