Castillo Humacao is the first investment in a portfolio of luxury vacation rental properties.

The portfolio will be focused on “key feature,” large format homes. Key feature homes attract extended families and large groups with a glamour pool, great views, ocean frontage, large estates, or other unique features that drive occupancy and ADR.

Humacao is a city and municipality in the south eastern region of Puerto Rico. With about 50,000 residents and only an hour drive from SJU, Humacao is a popular spot for tourists. Most notable attractions include 8 beaches and Palmas del Mar, the island’s largest resort. With ocean views and space for large families and groups, Castillo Humacao will be an attractive rental for tourists and locals alike.

The investment in this acquisition has a purchase cost of $260,000 and estimated rehabilitation costs of $900,000.