Boutique Hotel, Condado

Brand-new Boutique Hotel in Condado, in the final stages of construction—set to be completed in just four months. Located in the heart of Condado, just a few blocks from the beach, this 25-room property offers luxury, a prime location, and long-term tax benefits. Features include a rooftop terrace, on-site parking, and proximity to top restaurants, nightlife, and high-end retail.

Offered at $8,500,000, but with $2.2M in approved tax credits, the effective purchase price is approximately $6.5M after the credits are sold. The property also benefits from an approved tourism decree, which ensures only a 4% local tax on revenues and no federal income tax, significantly boosting long-term ROI.

Whether you're expanding your hospitality portfolio or just entering Puerto Rico's thriving tourism market, this opportunity combines strategic location, completed construction, and unmatched tax advantages.