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Vacant Land

58 Luxury Apartments Ready to Build in Palmas

Intersection of Palmas Drive and Palmas Inn Road, Palmas del Mar, 00791

$7,250,000
Updated Sep 30, 2026
Categories Single-Family

About this property

Exclusive Palmas del Mar Development – 58 Luxury Apartments in Palmanova Village

A prime investment opportunity in Palmas del Mar, one of Puerto Rico’s most prestigious resort communities. Palmanova Village Phase II is a fully approved, shovel-ready residential development spanning 3.87 acres, featuring 58 exclusive walk-up/walk-down luxury apartments with breathtaking ocean views.

Project Overview:

  • Fully permitted & ready for immediate construction
  • 58 Luxury Apartments – (32 penthouses, 16 garden units, 10 intermediate-level residences)
  • 3.87 acres within a 46-acre master-planned, gated community
  • Spectacular views of the Caribbean coastline & Vieques Island

Turnkey Infrastructure in Place. All essential infrastructure completed, including:

  • Earth movement & building pads
  • Electrical, sanitary, & water distribution systems
  • Roadways, retention pond & retaining walls
  • Private gated access & controlled entry

Common amenities already built & operational (covered by Phase I sales):

  • Swimming pool, spa, gym, clubhouse, children's playground, & secured gated access

Resort-Style Living & Premier Location:

  • Located in Palmas del Mar, Puerto Rico’s premier master-planned resort community
  • Access to world-class golf courses & tennis courts
  • Exclusive access to Palmas World Class Marina & Yacht Club within the resort
  • 6 miles of Caribbean shoreline & 3 miles of sandy beaches
  • Home to Palmas Academy – A top-tier K-12 private school also located within Palmas del Mar
  • Fine dining, shopping, and entertainment within the community

Unmatched Investment Potential:

  • High ROI potential – Exclusive, in-demand luxury residences
  • Perfect for developers & investors seeking a turnkey, low-risk project
  • Strong resale & rental demand in an upscale, high-growth market
  • Potential tax incentives available – Enhance your investment return

This is a rare chance to capitalize on a ready-to-build project in one of Puerto Rico’s most sought-after destinations.

For more information or to schedule a private viewing, contact us today!

Property details

Property Type
Land
Building Type
Freestanding
Land Size
3.88 acres
Sewer
Yes
Water
Yes
Zoning
R-I
Electric
Yes

Location

Address
Intersection of Palmas Drive and Palmas Inn Road
Palmas del Mar, 00791
The information contained herein is from sources deemed reliable, but is subject to errors, omissions, and withdrawal without notice.