Puerto Rico Real Estate Blog

March 8th, 2007 11:56 AM
The governor Of Puerto Rico, Anibal Acevedo Vilá anounced that the highly expected mega resort, Costa Serena in Piñones, its been canceled. The land owned by developer Mr. Kats is going to be converted in a ecological protected sanctuary. This land is going to be bought by the government at aparaised value. The big question is what would be the value of those lands becuase the sales comparables are too old and too low to be used. 

Posted by Bernardino Gonzalez on March 8th, 2007 11:56 AMPost a Comment (0)

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