This is an ocean front property with permits already approved to build a 300 room hotel with casino and convention center, a 300 room condo hotel and 100 luxury apts in the first phase of the project. Residential and commercial component for 2nd, 3rd & 4th phase include 200+ villas, apts. and shopping center. It's located in the Porta del Sol region of Puerto Rico, just 10 minutes from the Aguadilla airport and the Ramey golf course. Plenty of eco friendly activities already planned for this property as well as management agreements (20 years) for the golf course and adjacent lands owned by the government.
Owners of the land are passive developers that are not interested in developing the project. Management agreements for the property are already submited by various hotel companies in the U.S. and Europe. New owner will decide which one will run hotel and condo hotel.