Politics

Moncayo Luxury Enclave Closes Over $34 Million in Sales

The Moncayo luxury enclave has closed more than $34 million in sales, according to a report. The enclave is a residential component of the Hillside Estates complex, which spans 1,132 cuerdas in Fajardo. The sales figure indicates a significant investment in the luxury residential sector in Puerto Rico. The complex is one of the largest of its kind in the area, with a total area of 1,132 cuerdas. The report does not provide further details on the number of units sold or the average price per unit. However, the sales figure suggests a strong demand for luxury residential properties in the region. The development is located in Fajardo, a municipality on the northeastern coast of Puerto Rico. The report does not mention any specific timeline for the completion of the project or the expected number of residents. The sales figure is a significant milestone for the project, which is expected to contribute to the local economy. The Moncayo enclave is part of a larger trend of luxury residential developments in Puerto Rico, which has seen an influx of investment in recent years.