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Puerto Rico Real Estate
Why Puerto Rico! Sun , American Dollar, Fully Bilingual, Great hospitals, great schools and universities. It is the best kept secret in real estate.
FOR IMMEDIATE RELEASE
(Free-Press-Release.com) October 23, 2011 --Do you know that in every adversity there is opportunity? You can either cry that the economy has plummeted or you can shift to the winning side of real estate.
In Puerto Rico, the honorable Governor Luis Fortuño just signed into effect an incentive program for anyone wanting to buy real estate on the island. The most extensive incentive program is for new construction. No closing charges, no property tax for 5 years, and no capital gains local for the length of ownership. Now ,this is unbelievable! The governement, the banks and the developers all decided to give a little to enable people to buy. They understand that everyone wins when they join forces. As mentioned, the banks are giving 100% financing in many cases to qualified buyers, the developers in some cases have reduced their prices to around half of what they were originally and the government is absorbing the costs of closing costs and legal fees.
Now for example you can buy a property at www.acquamarinabeachfront.com with a total cash investment of $15,000. That is a property that costs $850,000 on the sunny beach of Condado. Walk to stores, restaurants, hospitals and schools. It is really like living in downtown Manhattan.
Truly once you visit Puerto Rico you may not go back home. It is wonderful, friendly and relaxed island. Some refer to it as "La Isla Bendecida" in English "The Blessed Island."
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More information can be found online at http://www.acquamarinabeachfront.com
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