APPROXIMATELY 39.23 CUERDAS IN ISABELA FOR $119,900 This property is probably not for everyone. It is not for someone looking for a small lot, a turnkey residence, or an ordinary real estate purchase. However, for the buyer who recognizes value, thinks long-term, and understands how difficult it is to find nearly 39.23 cuerdas with existing access, a mixed-construction residence, and an exceptionally private natural setting, this may be the opportunity they have been waiting for. Located in the Planas/Charcas area of Isabela, the property contains approximately 154,204.61 square meters, equivalent to nearly 39.23 cuerdas. It includes a two-level residential structure built with concrete and wood that requires repairs, improvements, and rehabilitation. According to information provided by the seller, the property was appraised at approximately $304,000 in 2018, when real estate market values were considerably lower. It is now being offered for only $119,900, representing an approximate 60.6% reduction from that prior appraisal. A price difference of this magnitude is not common. It is certainly not normal. The property may offer potential for investment, agriculture, conservation, a private residence, an ecological project, lodging, villas, a family retreat, or an agritourism concept, subject to the buyer’s independent evaluation of permits, infrastructure, access, topography, and development feasibility. Waiting too long may not be the best strategy. A property of this size, at this price, may attract attention quickly. The next owner does not need to know exactly what they will develop on day one. They only need to understand how difficult it may be to find another property of this magnitude for $119,900. Now or never. Once this opportunity closes, there may not be another comparable property waiting at the same price. Price: $119,900 Property is being sold AS IS. Approximate land area is subject to survey and independent verification. The 2018 appraisal and all other information must be independently verified by the buyer. Proof of funds or a mortgage prequalification letter is required before scheduling showings. All offers remain subject to the seller’s final acceptance..
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Zillow last checked:
Listing updated:
Listed by:
Andres Reyes787-438-8550,
Universal Properties Realty
Source: Xposure MLS Puerto Rico,MLS#: 65979
Facts & features
Interior
Bedrooms & bathrooms
Bedrooms: 3
Bathrooms: 2
Full bathrooms: 1
1/2 bathrooms: 1
Cooling
None
Features
Flooring: Cement, Wood
Interior area
Total structure area: 1,200
Total interior livable area: 1,200 sqft
Property
Parking
Total spaces: 100
Parking features: In Line
Features
Stories: 2
Patio & porch: Terrace
Has view: Yes
View description: Mountain(s), Trees/Woods
Lot
Size: 11.61 Acres
Features: Cul-De-Sac, Grass, Quiet Area
Details
Zoning: Others
Construction
Type & style
Home type: SingleFamily
Property subtype: Single Family Residence
Materials
Concrete, Wood
Roof: Wood,Zinc Roofing Sheet
Condition
Old,Run Down
Year built: 2000
Utilities & green energy
Water: Well, Aqueduct
Utilities for property: Water Connected, Internet, Phone Connected
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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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