Fajardo, Puerto Rico
Who owns Fajardo, Puerto Rico's east-coast marina and ferry town: title sits in a paid-per-parcel public Registry, and much of the landmark ground is held by Commonwealth public corporations.
8 buildings · 7 with an owner established · 20 sources · 3 tier B · 5 tier A · prepared 2026-10-31
Can you find out who owns it?
Puerto Rico registers title in the Registro de la Propiedad, part of the Department of Justice. Its law says the Registry 'es público para quienes tengan interés en conocer el estado jurídico' of a property, and a registry sheet shows the owner, the recorded transactions and the liens. Online access is through the Karibe system, which needs an account and charges $5 per parcel for a plain sheet ('hoja simple') or $10 to view the inscription folios. Property tax is assessed separately by CRIM, the municipal revenue centre; no bulk owner file is published.
Is ownership public?Public, but one paid search at a time
Cost of one title search$5.00 per finca to view the 'hoja simple', $10.00 per finca to view the inscription folios, on Karibe (Reglamento 8714, Art. 6.1)
Bulk ownership dataNone published
Sale pricesNo transaction data published
Sites that forbid taking their data
- elnuevodia.com (GFR Media) — “'Los Servicios, Canales y/o Contenidos de GFR Media se le ofrecen al Usuario para su uso personal, y no comercial.' The user undertakes 'a no reproducir, duplicar, descargar ("download"), copiar, distribuir…' the content. Single stated facts are quoted with attribution; nothing is reproduced.”
- transformcoproperties.com — “'This license grant does not include: … (d) use of any data mining, robots, or similar data gathering and extraction methods on the Site.' It also forbids using 'any robot, spider, site search/retrieval application, or other device to retrieve or index any portion of the Site'.”
1
The marquee buildings
The towers that set the tone of the core, and who holds them. A price is the price a document states, on the date it states — not an estimate of what the building is worth now.
| Building | Use | Owner | Owner type | Last price paid |
|---|---|---|---|---|
| El Conquistador Resort Outskirts of Fajardo, 18.3585°N 65.6283°W (Wikipedia) |
Hotel | Urbano Varro, LLC Wikipedia: opened 14 July 1962 as 'Las Vistas'; 700 rooms; formerly Waldorf Astoria; 'In November 2019, commercial real estate company Urbano Varro, LLC bought the property'; closed after Hurricane Maria until March 2021, renovations about $220 million. El Nuevo Día (20 Aug 2019) reported the Tourism Company confirming that 'the local company Royal Blue Hospitality (RBH) bought the island's largest hotel'; its May 2026 story gives an investment 'exceeding $220 million' and 73 more rooms in Las Olas bringing inventory to 750 by end-2026. No price was found and the Registry entry was not bought. Offshore Palomino Island is used by the resort. |
Private company | —B |
| Puerto del Rey Marina Fajardo, 18.2873°N 65.6365°W (Wikipedia) |
Mixed use | Safe Harbor Marinas, LLC Sun Communities' 2024 10-K lists Puerto del Rey, Fajardo PR, with 1,610 wet slips and dry storage spaces; Schedule III: acquired 2021, gross carried $107.9M (land $15.9M, depreciable $92.0M), accumulated depreciation $11.4M, no encumbrance. Caribbean Journal (2 Sep 2021): 'acquired by Safe Harbor Marinas'. Sun's 8-K: on 30 Apr 2025 it completed the initial closing of the sale of Safe Harbor Marinas, LLC to Poseidon Holdco I L.P., 'an affiliate of Blackstone Inc.', for about $5.25 billion; 15 properties awaited third-party consents, not named in the 8-K. Wikipedia calls it the largest marina in the Caribbean. |
Private equity | $93.3M 2021 Initial cost to company in Sun Communities' Schedule III (land $15.9M + depreciable $77.4M), not a stated contract price B |
| Centro Médico del Noreste (former Hospital HIMA San Pablo Fajardo) Fajardo (former HIMA San Pablo hospital site) |
Institutional | Fajardo Integrated Medical LLC El Nuevo Día (23 Aug 2023): the bankruptcy judge approved the sale of HIMA San Pablo Fajardo by auction; (19 Sep 2023) Fajardo Integrated Medical Center LLC was 'la única entidad que presentó una oferta' for the 150-bed hospital. Primera Hora (14 May 2024): the new Centro Médico del Noreste is 'propiedad de la entidad Fajardo Integrated Medical LLC', $10M total investment including the property; about 180 HIMA staff were laid off at closure. The same report says Fajardo's other hospital, Caribbean Medical Center, 'también pertenece a Fajardo Integrated' — operator or owner of that building is not separated. Opened 30 May 2024 with 52 beds and six operating rooms. |
Private company | $7M 2023 Primera Hora: 'adquirió las instalaciones el pasado año por $7 millones' (article of May 2024); bought out of Grupo HIMA's bankruptcy A |
| Las Cabezas de San Juan Nature Reserve and lighthouse (Faro de Las Cabezas de San Juan) Barrio Cabezas, northeastern tip of Fajardo |
Land | Conservation Trust of Puerto Rico (Fideicomiso de Conservación de Puerto Rico) Wikipedia: the peninsula 'became a wildlife refuge in 1975 when it was acquired by the Conservation Trust of Puerto Rico'; proclaimed a nature reserve in 1986; 'today is owned and managed by the Conservation Trust of Puerto Rico'. The 1882 lighthouse is a museum managed by the Trust. The reserve holds Laguna Grande, one of three year-round bioluminescent waters in Puerto Rico. Acreage could not be fixed from an opened source (search snippets gave 428 and 444.67 cuerdas). The Trust is a public-interest conservation land trust, not a family trust. |
Institution | —A |
| Former Fajardo ferry terminal (Terminal de Lanchas de Fajardo) Fajardo waterfront (former Vieques/Culebra ferry pier) |
Civic | Puerto Rico Ports Authority (Autoridad de los Puertos) Primera Hora (30 Dec 2024): Ports and the Municipality signed a long-term lease-and-operation contract for the old terminal, idle since ferry service moved to Ceiba in October 2018 — an initial 20 years plus two 5-year extensions; the Municipality carries maintenance and insurance, pays Ports 3% of gross revenue in year one and 5% thereafter, and has 24 months to select private operators or developers. FTA allowed the lease after a $1,276,055.18 federal debt was paid in full by the Municipality. Ownership stays with Ports (a lease, not a transfer of title). Primera Hora 2023 reports ATM ran the facility with FTA grants. |
Government | —A |
| Diego Jiménez Torres Airport (former Fajardo Airport) 1 mile south of Fajardo town |
Land | Puerto Rico Ports Authority Wikipedia: 'a public use airport owned by the Puerto Rico Ports Authority'; operations moved in November 2008 to José Aponte de la Torre Airport in Ceiba; the FAA announced permanent closure on 30 April 2015. It 'covered an area of 95 acres (38 ha)' with a 3,600 ft runway, now marked closed. No redevelopment plan was found. |
Government | —A |
| Balneario Municipal Seven Seas (Seven Seas Beach) Las Croabas, Barrio Cabezas, Fajardo (adjoining the Cabezas reserve, per Wikipedia) |
Civic | Municipio Autónomo de Fajardo The Municipality's FY2024-25 budget certifies Ordenanza 1 (2023-2024) setting charges at the 'Balneario Municipal Seven Seas, Estacionamiento, Casetas de Acampar, Campers, Carpas, Gazebos', and books rent from 'Concesionarios Balneario' ($9,000) and 'Campers fijos' ($465,000) — the single largest item in its $845,600 list of property leases. Ordenanza 25 (2019-2020) covers leases to kayak operators. Wikipedia's Cabezas article calls it 'Seven Seas State Park (Parque Nacional Seven Seas)'; the budget's 'Municipal' label is the more recent official statement, and no transfer document was opened. |
Government | —A |
| U.S. Customs House, Fajardo Fajardo (port area) |
Civic | Not established a paid title search would answer it Wikipedia's Fajardo article lists the U.S. Customs House, 'constructed in 1930 still in use by the U.S. Customs & Border Protection'. GSA's October 2026 inventory lists no owned federal building in Fajardo (only two leases), so the building is not GSA-held. Whether CBP, another federal agency or a Commonwealth body holds title could only be answered from the Registry at $5–$10 per finca, which was not bought. |
Not established | —B |
2
The core land
The most valuable ground in the city, and what the public record says about it.
Puerto Rico's property tax is assessed by CRIM on 1957 values, so roll values are far below market and no parcel-level roll is published. What the Municipality's audited statements give is the revenue side.
Property tax revenue, Municipality of Fajardo$10,277,180
Fiscal year ended 30 June 2023 (prior year $11,985,236); audited statements bound into the FY2024-25 budget (s10).
Property tax abated under tourism incentives$4,215,553
FY2023, Tourist Industry Program (Acts 52-1983 and 78-2011); a further $3,047,244 abated under industrial incentives. Note 6, audited statements (s10). Beneficiaries are not named.
Real property tax rate10.53%
FY2023 rate on assessed (1957-based) value: 6.0% municipal basic, 3.5% municipal debt service, 1.03% Commonwealth debt; personal property 7.03%. Note 3 (s10).
Homestead exemptionfirst $15,000 of assessed value
Owner-occupied residences, frozen as of 1 January 1992 under Law 83-1991 (s10).
3
Who owns the town
At this scale the significant owner is rarely a trust or a fund: it is one or two local holding companies, a family in its second or third generation, and often the land around the town rather than the buildings in it.
Fajardo is a town of about 30,800 (2025 estimate) whose landmark ground is split between Commonwealth public corporations, the Municipality, a conservation land trust and a few large hospitality and marina owners. The GSA owns no federal building here: its inventory lists only two leased spaces (The Fajardo Gardens, 14,017 sq ft; Eastern Plaza Shopping Center, 4,875 sq ft). No private landowner total could be computed, because CRIM publishes no owner roll.
| Name | Type | Holdings |
|---|---|---|
| Municipio Autónomo de Fajardo Audited statements in the FY2024-25 budget, Table 6: non-depreciable assets $45,673,622; buildings $30,612,944; infrastructure $20,183,866. Rent-producing municipal property listed in the budget: Plaza del Mercado (14 locales, $61,200), Kayak Village (13 locales, $70,800), the police command post ($36,000), 'Facilidades Recursos Renovables' ($200,000), the Seven Seas balneario concessions and fixed campers ($474,000). It also runs a Centro de Usos Múltiples, an equestrian coliseum, a natatorium and the Estadio Pérez Alberto. |
Government | Capital assets $99.6M net, of which land and non-depreciable $45.7M (30 June 2023)A |
| Conservation Trust of Puerto Rico (Fideicomiso de Conservación de Puerto Rico) Owns and manages the Cabezas de San Juan Nature Reserve and runs its lighthouse museum (Wikipedia, s12). |
Institution | Las Cabezas de San Juan peninsula, owned since 1975 (area not established)A |
| Puerto Rico Public Housing Administration (Administración de Vivienda Pública) HUD's Public Housing Developments layer (PHA code RQ005) lists in Fajardo municipio: Pedro Rosario Nieves, 210 units (189 occupied); Puerto Real, 175 units; Santiago Veve Calzada, 100 units (99 occupied). Records last updated October 2026. |
Government | 3 developments, 485 unitsA |
| Puerto Rico Ports Authority Wikipedia: Diego Jiménez Torres Airport was 'owned by the Puerto Rico Ports Authority' and covered 95 acres; closed permanently 30 April 2015. It also owns the former Fajardo ferry terminal, leased to the Municipality in December 2024 for 20 years plus extensions (Primera Hora, s13). |
Government | 95 acres (closed airport) + the former ferry terminalA |
| United States of America (General Services Administration) GSA IOLP (23 Oct 2026): LEASED — The Fajardo Gardens, Garrido Morales 102 (14,017 sq ft, lease LPR19114, 1 May 2006–30 Apr 2029); Eastern Plaza Shopping Center, State Road 3 km 42.4, Bo. Quebrada (4,875 sq ft, lease LPR24203, to 15 Oct 2027). No Fajardo building is listed as owned. |
Government | 0 owned buildings; 2 leases, 18,892 rentable sq ftA |
5
Who builds the houses
New-home building in this market: the volume, and the firms behind it. Ownership of a builder matters as much as its volume — a private-equity platform and a family firm behave differently.
No official source names Fajardo's home builders. The Census building-permit survey does not cover Puerto Rico, CRIM publishes no new-construction roll, and the Municipality's budget lists only public works. The public-housing stock is known exactly: 485 units in three Public Housing Administration developments (HUD, s20). The Municipality's FY2024-25 construction-excise projection covers $14.0M of municipal projects and no private housing (s10).
6
Commercial landlords
The commercial side, counted separately from housing: who holds the office, retail and industrial floor area.
Fajardo has no REIT-held office or mall property in any filing found. Its largest commercial holdings are a marina, a resort and a hospital, each held by a single company. The neighbourhood retail centres on Avenida Valero and PR-3 (Eastern Plaza, Del Este Shopping Center) appear only in brokers' sale listings, which do not name the owner, so they are not counted.
| Name | Type | Holding |
|---|---|---|
| Safe Harbor Marinas, LLC (Blackstone affiliate since April 2025) Puerto del Rey; Sun Communities 10-K Schedule III and 8-K (s5, s6). |
Private equity | 1,610 wet slips and dry-storage spaces; gross carried value $107.9M (31 Dec 2024)A |
| Urbano Varro, LLC El Conquistador Resort, bought November 2019 (Wikipedia, s3); El Nuevo Día reported the buyer as local firm Royal Blue Hospitality (s8). |
Private company | 700 rooms (750 by end-2026 per El Nuevo Día)B |
| Fajardo Integrated Medical LLC Also runs Caribbean Medical Center, Fajardo's other hospital, per Primera Hora (s16). |
Private company | Centro Médico del Noreste, bought for $7M (2023); 52 beds at openingA |
| Municipio Autónomo de Fajardo (as landlord) Plaza del Mercado, Kayak Village, police post, renewable-energy site, Seven Seas concessions and fixed campers (s10). |
Government | $845,600 budgeted lease income, FY2024-25A |
?
Looked for and not found
Claims this page would have made if a source could be opened. They are left out rather than guessed.
- El Conquistador's buyer: Wikipedia names Urbano Varro, LLC (November 2019), while El Nuevo Día (August 2019) named Royal Blue Hospitality. They may be the holding entity and the operating company, but no document linking them was opened. No purchase price was found.
- Del Este Shopping Center (PR-3): a sale brochure sits on transformcoproperties.com (Transformco, the Sears/Kmart successor), which suggests Transformco is the owner. That site's terms forbid robots, so it was not opened, and no owner is claimed.
- Eastern Plaza (Avenida Valero, about 73,816 sq ft): broker listings only, no owner named. GSA leases 4,875 sq ft there.
- Whether all of Puerto del Rey passed to Blackstone at the 30 April 2025 initial closing: 15 Safe Harbor properties awaited third-party consents and the 8-K does not name them.
- Seven Seas: the Municipality's budget calls it 'Balneario Municipal Seven Seas', while Wikipedia calls it 'Seven Seas State Park (Parque Nacional Seven Seas)'. No transfer document was opened.
- Area of the Cabezas de San Juan reserve: search snippets gave 428 and 444.67 cuerdas, but no opened source states it.
- Owner of the Caribbean Medical Center building, as distinct from its operator.
- Owner of Palomino Island, used by El Conquistador (Wikipedia says only 'large portions' are used by the resort).
- Any CRIM parcel value or principal-taxpayer list for Fajardo: the catastro host would not complete a TLS handshake, and the audited statements carry no principal-taxpayer table.
- Who benefits from the $4.2M of property tax abated under tourism incentives in FY2023: the audited note does not name the beneficiaries.
§
Sources
- Ley del Registro de la Propiedad Inmobiliaria (Ley Núm. 210 de 8 de diciembre de 2015, según enmendada), Art. 2 — Oficina de Gerencia y Presupuesto, Biblioteca Virtual · openA
- Reglamento General para la Aplicación de la Ley Núm. 209-2015 (Reglamento Núm. 8714), Art. 6.1 — Departamento de Justicia de Puerto Rico · openA
- El Conquistador Resort — Wikipedia · openA
- Diego Jiménez Torres Airport — Wikipedia · openA
- Sun Communities, Inc. Form 10-K for 2024: marina property table and Schedule III — Sun Communities, Inc. via SEC EDGAR · openA
- Sun Communities, Inc. Form 8-K (Item 2.01): initial closing of the sale of Safe Harbor Marinas to a Blackstone affiliate — Sun Communities, Inc. via SEC EDGAR · openA
- Caribbean's Largest Marina Sold — Caribbean Journal · paidA
- Puerto Rican company acquires El Conquistador hotel — El Nuevo Día (GFR Media) · openA
- From closure to success story: El Conquistador Resort drives growth with new investments — El Nuevo Día (GFR Media) · paidA
- Presupuesto 2024-2025, Municipio Autónomo de Fajardo (with the audited basic financial statements for the fiscal year ended 30 June 2023, Ortiz, Rivera, Rivera & Co.) — Oficina de Gerencia y Presupuesto, Presupuestos Municipales · openA
- Inventory of Owned and Leased Properties (IOLP): 2026-10-23 buildings and leases files — U.S. General Services Administration via catalog.data.gov · openA
- Las Cabezas de San Juan (Puerto Rico) — Wikipedia · openA
- Nueva vida al Terminal de Lanchas de Fajardo — Primera Hora (GFR Media) · openA
- Se queda para el 2024 la transferencia del muelle de Fajardo al municipio — Primera Hora (GFR Media) · openA
- Fajardo, Puerto Rico — Wikipedia · openA
- Un rayo de esperanza en medio de crisis de salud con apertura de nuevo hospital en Fajardo — Primera Hora (GFR Media) · openA
- Inauguran el nuevo Centro Médico del Noreste en Fajardo — Primera Hora (GFR Media) · openA
- Juez de quiebras aprueba la venta del hospital HIMA en Fajardo — El Nuevo Día (GFR Media) · openA
- Adjudican subasta para la compra del hospital HIMA de Fajardo — El Nuevo Día (GFR Media) · openA
- Public Housing Developments (feature service), query for Fajardo — U.S. Department of Housing and Urban Development (HUD eGIS) via ArcGIS Online · openA