A Major Real Estate Auction in Puerto Rico

By: - August 22nd, 2016
Real Estate Auction

Puerto Rico will soon play host to a major real estate auction by John Dixon & Associates.

The Sept. 10 auction will include more than 40 real estate properties in Puerto Rico, including residential, commercial, retail, multi-family and office properties.

The properties are being sold by a United States-based equity fund focused on Latin America and the Caribbean.

“There’s never been a better time to buy real estate in Puerto Rico, whether you live on the island or on the mainland, and this auction provides a rare opportunity to acquire some great properties,” said John Dixon, president of the auction company. “We have a lot of high-quality properties that will be of interest to individuals, investors, builders and developers in the United States as well as Puerto Rico.”

Among the properties are medical offices, three restaurants, shopping centers, a 45-rom motel, a townhome and tracts of land for development.

The auction will begin at 11 AM eastern time at the Condado Plaza Hilton in San Juan.

“This will be a live auction, streamed in real time on the Internet. Online bidders may communicate with auction personnel on the floor of the event and enter their bids at the same time as live bidders,” Dixon said.

— Caribbean Journal staff

News

Itz’ana Belize Adding New Beachfront Residences

Itz'ana Belize

The Itz’ana Resort and Residences in Belize is expanding its real estate offerings. The property in Placencia announced the addition of new beachfront inventory, with new options for one and two-bedroom villas directly on the beach. The move comes after a reported 50 percent sellout of the development’s lagoon villas. The beach villas, which now […]

Cancun

Delta Launching New Daily Nonstop Flights to Cancun

Delta New York Cancun

Delta Airlines is continuing its Caribbean expansion with a major increase in service to Cancun. The carrier will be launching new daily nonstop flights between New York-John F. Kennedy Airport and Cancun beginning Dec. 17. Delta also announced it would be launching new Saturday service between Kansas City and Cancun, also starting Dec. 17. The […]

News

Monica Puig’s Big Welcome in Puerto Rico

Puig

Olympic gold medalist Monica Puig returned home to a big welcome this week to Puerto Rico, following her historic women’s singles tennis victory in Rio. Puig’s victory made her the first-ever Puerto Rican to win a gold medal for the island. “[I am] enjoying my time at home so much,” she wrote on social media […]


Southwest Airlines Gets Approval For New Cancun Flights

Southwest Airlines has received approval from the US Department of Transportation to launch new service between Los Angeles and Cancun, Mexico. The carrier has announced new twice-daily service between LA and Cancun, with flights scheduled to begin Dec. 4. That’s subject to the approval of the Mexican government, however. “Southwest’s approval from the DOT to […]

VIDEO: On the Beach in Soufriere, St Lucia

The southern part of St Lucia is a raw, lush natural wonderland, from the peaks of the pitons to the heart of the rainforest. But there are beaches, too, tranquil stretches of sand like the one in the town of Soufriere. Here’s what it’s like.

New Flights Between Dominican Republic, Puerto Rico

Southwest Airlines has received approval from the US Department of Transportation to launch new service between Los Angeles and Cancun, Mexico. The carrier has announced new twice-daily service between LA and Cancun, with flights scheduled to begin Dec. 4. That’s subject to the approval of the Mexican government, however. “Southwest’s approval from the DOT to […]

The 10 Best Bonaire Hotels

The tiny Dutch-Caribbean territory of Bonaire is big with divers, who flock to its fish-filled waters, thriving coral reefs and 89 dive sites. And there’s plenty for landlubbers to enjoy as well (see our recommendations, here). But whether you dive or you don’t, you’re going to need somewhere to stay. So here are our picks […]