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