Culebra Costa Bonita Studio Unit 3301 For Sale

Culebra Real Estate Sales



Unit 3301 Costa Bonita Resort Condominium
For Sale on beautiful Culebra, Puerto Rico

Costa Bonita Resort is a 164 Unit condominium complex on the beautiful island of Culebra, Puerto Rico. 82 of the condominiums are 1 bedroom Units. The other 82 are Studio Units. There are 41 buildings in the complex with 4 Units in each building. The complex sits on Ensenada Honda bay and includes the following amenities:
- A clubhouse with commercial locations
- Pool facilities
- Dock facilities

Views from the complex are of Ensenada Honda Bay, the Town of Culebra, Fulladoza Bay, Dakity Bay, and the Caribbean Sea. The complex allows both short term (e.g., airbnb) and long term rentals. Unit 3301 is a Studio Unit in the Costa Bonita Beach Resort. A beautiful resort to "get away from it all".

We also should point out that at this point sales in Costa Bonita need to be cash sales. The reason for this is after the storms in 2017 the insurance company for Costa Bonita paid the insurance claim but then cancelled the insurance for the complex. After major storms this occurs as the insurance industry recovers and the Association is working diligently to obtain a new policy. However, since there isn't a current hazard insurance policy for the complex banks won't extend mortgages for the units in Costa Bonita right now. So, any purchase of Units in Costa Bonita need to be cash sales or some people have taken mortgages out on other properties or used other investments to pay cash for Costa Bonita Units.

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Property Specifics

Overview: Unit 3301 is a Studio condominium unit in Costa Bonita Resort

Complex Size: The Costa Bonita Resort consists of approximately 11 acres of land

Number of Bedrooms: 1 (Studio)

Number of Bathrooms: 1

Indoor Square Footage: 440 square feet

Balcony square footage: 90 square feet

Construction: Concrete

Costa Bonita Resort Property Coordinates: x: 322321.5210, y: 251789.6925

Costa Bonita Resort Latitude: 18.297045

Costa Bonita Resort Longitude: -65.276189

Property pin: For pin to Costa Bonita Resort, click here

Air Conditioning: Central Air

Electric Service: Puerto Rico Power Authority

Water Service: Puerto Rico Water Authority. The complex currently has one water meter. Therefore water bills are currently included in the monthly Home Owners Association fee. However, long term each unit will have it's own water meter and will therefore have a separate individual water bill.

Sewage Service: Individual septic systems for each building of the complex

Home Owners Association Fees: Approximately $245/month

Furnishings: Included

Storm preparedness: Roll Away Storm Shutters

CRIM (Property Taxes): Approximately $800/year

Asking Prices for Studio Units in Costa Bonita: $125,000

For more information regarding Costa Bonita Resort Condominium Unit 3301 feel free to click on "Contact Us" below

Michael McCarty Puerto Rico Real Estate Broker License C-11386