Exceptional Investment Opportunity on Puerto Rico’s Northeast Coast
Xposure MLS Puerto Rico · Melissa, TX · 2 days ago
Finance$2k/moFull-time
About the Property
Discover this beautifully updated 3-bedroom, 2-bathroom condominium in the highly sought-after gated community of Hillside Village, Río Grande. Whether you're looking for a profitable investment property or a tropical getaway near the beach, this residence offers the perfect combination of location, comfort, and income potential.
Features
- 3 bedrooms
- 2 bathrooms
- 1044 square feet of floor space
- Year built: 2002
- 2 parking spaces, open and parallel
- Short-term rentals are permitted, making it an outstanding opportunity for investors seeking strong rental income and excellent occupancy potential
Location
The property is located in the Hillside Village condominium in Río Grande, Puerto Rico, with proximity to beaches, resorts, attractions, and the airport, making it highly desirable for vacationers year-round.
Financials
Property Value: $400,000
- Example mortgage calculation:
- Down Payment: variable
- Interest Rate: variable
- Amortization: up to 35 years
- Loan Term: variable
- Monthly Payment: $2,093.78 (example)
- Total Cost: $125,626.68 (example)
- Interest Paid: $84,253.70 (example)
- Principal Paid: $41,372.97 (example)