In 1995, the Puerto Rico Tourism Company sold both the Parador and an adjacent 24 acres property, however in December 2001, the Supreme Court of Puerto Rico handed down a decision nullifying the sale and returned the Parador's ownership to the Tourism Co. Hector Torres Zayas, owner of the adjacent Coamo Springs Golf & Tennis Club, proposed to incorporated the Parador into his Coamo Springs resort hotel & spa project with an investment of $3 million in improvements to the Parador, which would include the restoration of its 48 rooms, the building of another 30 rooms, and the improvement of the recreational facilities.