This incredible property is an iconic hotel that we believe rivals our first Puerto Rico project, Plaza Colón Hotel & Suites, in stature, prestige, location, and overall projected investor returns.
Lifeafar has acquired this distressed asset at a significant discount for investors, and our redevelopment and renovation plans include expanding capacity with the addition of new suites and adding premium amenities including a state-of-the-art gym and spa, upscale restaurant and bar service, and an upgraded pool areas.
Due to the sensitive and confidential nature of this deal, potential investors are required to sign a Non-Disclosure Agreement (NDA) before we can share the full investment offering.
You can sign the NDA online via DocuSign.
This iconic and spectacular beachfront luxury hotel is perfectly situated to benefit from Puerto Rico’s record-breaking tourism boom.
Ranked as one of the best hotels on the island, this incredible property is located on the west coast of Puerto Rico. It is set among the hills at the edge of the beautiful Caribbean Sea, and it is known for its peaceful and quiet atmosphere, high level of privacy, and celebrity clientele.
With the property in need of renovations post-Hurricane Maria, it will once again be transformed into a world-renowned resort destination frequented by visitors and locals for holiday, entertainment, events, and more.
The hotel is located in a Qualified Opportunity Zone, which means eligible investors will receive additional tax incentives that can increase their overall return.
Puerto Rico is famous for its scenic topography of towering mountains, white sandy beaches, and a vibrant culture of world-class cuisine, arts, and music. The island’s designation as a U.S. Commonwealth gives it a competitive advantage over other Caribbean islands, and it attracts significant foreign investment due to its favorable taxation environment.
“Puerto Rico is open for business and welcoming hospitality investors who are becoming aware of the unique set of competitive advantages which the Island boasts and that were previously unavailable. Aggressive government reforms, unmatched tax incentives, Island-wide eligibility for Opportunity Zone funds, and an economy on the rise, position Puerto Rico on a path to become the next hot ticket in hotel development” – Carla Campos, Executive Director, Puerto Rico Tourism Company.