Company buyer records apartment purchase in Herreras, Río Grande
Granite Chief LLC has bought Apartment 8160 , Herreras, Río Grande, 00745. The deed was recorded on October 7, 2026 at a price of $2,300,000.
The record is a sale deed, the contract by which a seller undertakes to transfer ownership of a property to a buyer, who undertakes to pay a set price. In this case the deed names the company as the buyer.
An apartment on rural, tourism-zoned land
The apartment belongs to Condominio Las Verandas (condominium building). The parcel under the building covers 60,267 m2 / 648,707 sq ft.
The Puerto Rico Land Use Plan classes the parcel as common rural land. That is land kept out of urban development but open to non-urban activities such as farming, quarries, heavy industry and infrastructure.
Its zoning district is DTS, a district for tourism and recreation projects where infrastructure allows. In that district, the area's scenery and natural conditions must be kept.
Fewer deeds in Herreras
The Herreras neighbourhood had 34 sale deeds recorded over the past 12 months, with deeds of the latest months still being recorded. That is fewer than the 49 recorded in the 12 months before that, a quieter year for sales in the neighbourhood.
Prices on those deeds also moved down. The median over the past 12 months was $333,500, lower than the $1,950,000 median of the year before. That suggests the neighbourhood's recent recorded sales were mostly for lower-priced property.
Río Grande as a whole
Across Río Grande, the municipality had 496 sale deeds recorded over the past 12 months, again with the latest months still being recorded. That is fewer than the 725 recorded in the 12 months before that.
The municipality's median recorded price went the other way. It was $180,000 over the past 12 months, higher than the $153,000 median of the year before, which points to fewer sales at higher prices across the municipality.
Measured from registered sale deeds over a longer series of closed transactions, the median price paid for residential property in the municipality is $161,450 (October 2025).
In the latest available deed month, buyers and sellers completed 52 (October 2025) residential sales in the municipality, counted from registered sale deeds.
Sellers listing residential property for sale in Río Grande ask a median of $328,333 (September 2026).
