Naguabo is a town and municipality of about 26,000 residents, near the eastern coast of Puerto Rico. With several beaches, close access to El Yunque, and El Malecón on the waterfront, Naguabo is an attractive spot for tourists.
A 3 minute drive from El Malecón, this property boasts 10 acres of beachfront with 1,000 feet of Caribbean frontage. The property is being developed into a 30 unit resort hotel with a near-zero ecological impact- El Arrecife Beach Resort.
El Arrecife Beach Resort will create more than a dozen permanent living-wage jobs in addition to the construction impact. We expect to contribute over $100,000 annually in direct taxes and fees. The resort is proud to partner with The Coral Nursery of Puerto Rico to help advance their goals to restore and conserve coral reefs. Learn more about them here:
The land acquisition cost was $1.25 millon with an estimated development cost of $4.5 million, creating a total investment of nearly $6 million.
Toto Funds 