Perla Escondida is one of the hidden gems of San Pedro Town. Translated the name means "Hidden Pearl" and in addition to being located on the beachfront, yards away from the second largest barrier reef in the world, the size, location, and potential equity increase make these units some of the better real estate investments on the island.
There are a total of 8 units listed for sale at Perla Escondida. The majority owners have decided to liquidate most of their portfolio and are putting 7 units on the market. One of these units (#22) has two units over it, which make up a complete building within the complex and that building is for sale.
The typical unit features 2 Bedrooms and 2 Bathroom and includes at least. All of the 2-bedroom units will have some sort of view of the sea. Unit 22 has 1 bedroom and so do the two units above it.
Perla Escondida features 22 units and has a pool in the courtyard sheltered by the other units. The pool measures 14'8" X 29'8". There is a security gate, giving access to the beach area, that can be locked by the owners. It is easy to catch a cab ride on the main road, but downtown is only a 15 minute walk up the beach. This area of the island is up and coming as the country's second franchised Marriott (Marriott Residences) property is just 3 lots north and is scheduled to open in the Fall of 2025. The first (Alaia), is a short 7-minute walk south on the beach.
Other area amenities is the southern gas station about 100 yards away, an active pickleball court at the nearby Best Western resort, popular restaurants and bars, dive shops, hardware stores, grocery stores, and a high-end boutique resort (Royal Kahal).
FINANCING IS NO LONGER AVAILABLE ON THESE UNITS!
Low HOA Dues: $200USD/month with property taxes at only $375USD year.