COMMERICAL – RESIDENTIAL INVESTMENT TOWN PROPERTY

 

 LOCATION:  The quiet quaint small village on the island of Culebra is the only centralized commercial location on Culebra.  It was origiannly named “Dewey” after Admiral George

Dewey who lead the US Navy against the Spanish fleet in the Spanish-American War of 1898,

but most residents of Culebra refer to the village as simply “Pueblo.” The “Pueblo” is three blocks by three blocks in size and is bounded on one side by the Caribbean Sea and the ferry dock and on the other side by Ensenada Harbor which is the interior harbor of Culebra. The

“Pueblo” has a few restaurants, a few churches, a couple of small food stores, a post office, a clinic, and some residences.

 

PROPERTY:  This strategically located titled property is 747 square meters and is located 3 blocks from the ferry dock and less than one block from the small and quiet municipal dock on the interior harbor. There are  three separate buildings situated on the property all with the proper permits for current usage.

 

 

   

 

Building #1- A Rental Villa- In January 2013, this 660 sq ft building was totally and fully transformed from a gift shop into a exquisite rental studio residence. The total renovation included: new kitchen, bath, a totally new living space with tiled floors, (2) 25,000 inverter high efficiency ACs, new plumbing and electric. This villa ( Casita Pueblo) is already a highly successful rental property.


Rental Villa

Rental Villa Interior
   

Dinning and Kitchen

Rental Villa Kitchen
   
 
Rental Villa Bath
 
Rental Villa Garden Patio

 

Building #2- Two Story Professional Office/ 2 Apartments- located next to the Casita Pueblo and fronting Calle Escudero. 

 This is a two story building. The first floor is concrete construction including the roof and six years ago it was fully renovated with new tile floors, high quality Valcor windows, and updated electric, lighting, AC units and drop ceilings. The first floor office contains a main office area and two additional offices rooms and a large storage room plus bathroom. It also features a rear covered deck area of approx 300 sq ft and a front veranda entry porch  The total interior space interior space is approx. 570 sq feet.

 

 

The second floor is wood construction with metal roof and is two individual side by side one bedroom apartments. Each apartment is approx 400 sq ft. Entry to the apartments is via a stair case at the rear of the building to a master veranda covered deck of (8x36) which is shared by the apartments and has views to the interior harbor which is approx 100 yards below.


Stair way to upper two Apartments

Apartment Deck
   

Apartment Kitchen

Apartment Living Room

 


Apartment Bathroom

 

Building #3- Residence- located on the other side of the Gift Shop fronting the quiet cul de sac of Calle Romero. This residence is called “Casa Pueblo” and is a large one bedroom one story house of all poured concrete construction of approx 900 sq feet.  Casa Pueblo has a private veranda deck and lap pool ( total space – 15x31ft) that was fully renovated 3 years ago by updating the pool and tiling the deck. Casa Pueblo is 75 yards from the picturesque and charming interior dock and is an excellent location to launch kayaks, paddle boards or windsurfers. Casa Pueblo an excellent vacation rental and can also be used as a full time residence.

 


Residence

 


Residence Kitchen

Residence Living Room
   

Residence Bedroom

Residence Kitchen
   

Residence, Patio / Pool Area

Residence, Additional sleeping area
   

Rear Deck
 
Dedicated Parking Area

 INVESTMENT INCOME:

Because if it’s uniquely strategic location and setup this property offers many variations and alternatives to a new owner now and in the future as Culebra continues its historically gradual development. The current setup and usage has been an excellent source of income, however certain changes could maximize the potential of the property. Additional information is available to qualified persons.

 

PROPERTY TAXES:  APPROX $1,000. ANNUALLY 

 

Priced at $699,000