posada del Coronel

posada del coronel- $4,200,000

property facts

 This is a unique opportunity for developers to invest in the Caribbean and to create a premier residential community on the island of Culebra. This property consists of approximately 38 acres conveniently located on a hillside in the outskirts of town, enjoying views of Ensenada Honda Bay and easterly trade winds throughout the year. The current developers already designed a site plan to maximize the use of the land. Permits were approved in the past but are subject to current laws and and reviews by the proper agencies. Underground utilities are in place and the land is easily accessible by paved roads. The property has been segregated into 41 lots with a topography that varies from flat to a slope, offering ocean views from various vantage points and easily buildable for residential homesites. At the very hilltop, 4 acres have been designated for a hotel, offering stunning ocean views. Two parcels in the southern part have been designated for much needed housing for bona fide residents of Culebra. There is also a natural pond at the center of the property that will become a quaint recreational area.  This entire development can be purchased as a whole or in parts, with currently 19 of the residential lots available for sale. Ongoing improvements are enhancing this already attractive area, yet many exciting expansion options remain for you to create.

Residential lots

This development has attracted many happy owners, and some have already built their dream home on these lots.  There are 19 residential lots available for sale. They have a hilly topography with a 40 meters (130 feet) elevation difference from the lowest point to the highest points in the property.  All work has been performed for streets, water and sewer, electric power, and telephone lines.  And all utilities have been installed underground. The lots have an average size of 2,000 square meters (21,500 square feet.)

Parcel designated for Hotel - $900,000.00

Four(4) acres located at the highest point of this development have been designated for a hotel. Permits were approved in the past but are subject to current laws and reviews by the proper agencies. This area enjoys the best views of the bay and the surrounding mountainous region of Culebra.  

Social interest parcel

There are two parcel with a total of 13,307.9 square meters,  located at the southern part of this development, that have been designated and zoned for bonafide residents of Culebra. Permits were approved in the past but are subject to current laws and reviews by the proper agencies.