Palmas del Mar Resort Largest in the Caribbean Set in approximately 2,750 acres of land Include over 25 different neighborhoods (Many of them Villas) Bank Retail Shops A private school Palmas Academy An Equestrian Centre Two Golf Courses 20 Tennis Courts 16 Restaurants Casino Country Club Spa Beach Club Gym Yatch Club with a Full Service Marina Gated Community with strict-access control 24 hours a day The Villa for sale is in prime location 1,814 square feet 3 bedrooms 2 bathrooms 3 informal rooms ( mez zanies - Gym-bedroom 3 & bedroom 4 ) 6 floor levels Laundry room Living room, dining room, kitchen, master room facing the ocean and the beautiful Island of Vieques Terrace with jacuzzy facing the Golf Course 18 feet high cathedral ceilings Professionally decorated Only 35 steps from the ocean Beautiful swimming pool This resort Villa, full of details, a combination of a Mediterranean arquitecture with a Caribbean Flavor Homeownwer yearly resort fee $864.00 HOA \ Maintenance Fees $326.00 monthly Taxes $362.78 twice a year Square feet 1,1814 Very important to mention that there is an incentive law in Puerto Rico to motivate people from the states to invest in Puerto Rico. Law or Act 22 Home Buyer Incentive Major Benefits Include 4% corporate tax rate 100% tax-exempt dividends 60% exemption on municipal taxes 20-year decree guaranteeing these rates No federal taxes on Puerto Rico source income
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