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Christie'sGlobal Properties offers property for sale in Puerto Rico, with over 33 listings to choose from. Utilise the currency converter and filter search function to refine your options. View advertisements to read descriptions, check features and see photos. Contact the agent directly by phone or private messages to explore properties in Puerto Rico for investment or residence.
- Minimum price: USD 575000
- Highest cost of property in Puerto Rico: USD 49 million
- Over the last year, the average price has increased by 0.3%
- Minimum area: 102 m²
- Largest area: 4,047 m²
The country is considered an unincorporated organised territory of the United States, so U.S. federal immigration rules apply. Foreigners can apply for a green card (for example, through investments) and then move to Puerto Rico just as they would to any other U.S. state or territory. To become a resident, several conditions must be met:
- Reside in the country for at least 183 days in a tax year;
- Have no other tax residency and purchase a home within two years, making it your primary residence;
- Establish closer ties to Puerto Rico than to any other state. Proof of these ties can include conducting business, maintaining regular banking transactions and keeping personal belongings and valuables in the territory.
Most sought-after locations:
- San Juan: The capital city, renowned for its historic forts, colonial architecture and vibrant cultural scene. Property in San Juan offers a wide range of luxury residences;
- Bayamon: A prominent city known for its parks, museums and well-developed infrastructure;
- Dorado: A coastal area popular with buyers seeking luxury mansions;
- Rio Grande: Located near the El Yunque rainforest, this region provides a variety of properties, including resort complexes;
- Guaynabo: A prestigious suburb of San Juan, popular with families and professionals for its high standard of living and prestigious schools;
- Carolina: Located on the northeast coast, known for its beautiful beaches, resorts and proximity to Luis Muñoz Marina International Airport;
- Ponce: The country's second-largest city, renowned for its rich history, distinctive architecture and cultural attractions. This makes apartments in Ponce highly popular.
Buyers prefer different types of housing. Condos and flats in Puerto Rico are the most sought-after properties, especially favoured by couples and young professionals for their locations in areas with well-developed infrastructure. Families tend to prefer spacious country houses with gardens, situated in coastal areas. Additionally, townhouses are available across the country, offering a convenient blend of privacy and urban amenities.
Investing in the country's housing can be lucrative due to its favourable tax regime, lower prices compared to the continental U.S. and increasing interest from tourists and expats. The region offers a range of options, from luxury resort complexes to affordable city flats, allowing you to select a property that aligns with your goals and budget.
Yes, investors can rent out properties to generate stable passive income. The average return on investment is 7.05% per annum, with this figure being higher in resort areas during the peak tourist season.
Property in Puerto Rico
The country attracts investors and buyers due to its combination of a tropical climate, beautiful beaches and a strategic location in the Caribbean. The island nation offers a favourable tax regime, including significant tax incentives for residents and businesses. The variety of properties in Puerto Rico, Puerto Rico, ranging from luxury villas to cosy apartments, allows you to find options across different price categories. Additionally, the stable political environment and increasing interest from tourists and expats contribute to the steady growth of the market.
Buyers can choose from the following types of properties:
- Flats and condos: These typically feature layouts with kitchen-living areas, bedrooms and bathrooms. Some apartments offer panoramic windows, balconies and air-conditioning systems;
- Villas in Puerto Rico: Often include gardens, private parking spaces or garages, laundry rooms and walk-in wardrobes. Luxury mansions may also have swimming pools, outdoor terraces, lifts, sports areas, game rooms and cinemas;
- Townhouses: Usually 2-storey properties with private car parks and courtyard areas;
- Penthouses: Located on the upper floors, these may have spacious terraces, swimming pools and panoramic windows overlooking the coast.
Puerto Rico offers a wealth of secondary housing options. Modern apartment buildings and communities with villas and townhouses are under construction, each featuring exclusive amenities. Imagine having access to gyms, tennis courts, swimming pools, children's playgrounds and more, all within your community.
Property prices in Puerto Rico vary based on proximity to beaches, the condition of the building, additional amenities and the total area. The most expensive properties are in the capital, San Juan, particularly in the neighbourhoods of Condado and Viejo San Juan. These areas are known for their developed infrastructure, proximity to the coast and historical sites. The most affordable housing can be found in towns in the south and west of the island, such as Ponce and Mayagüez.
Reasons for investing in property in Puerto Rico
The region attracts investors with its strategic location and growing economy. The country offers significant tax incentives for homeowners, including exemption from taxes on passive income for bona fide residents. This is especially beneficial for those investing to generate rental or resale income.
The well-developed tourism industry makes investment real estate in Puerto Rico profitable. In 2023, Luis Muñoz Marina International Airport welcomed a record 6.1 million passengers, an 18.6% increase from the previous year. Over 500 ships visit the cruise ports annually. Tourism revenues totalled USD 9.8 billion, marking a 13% increase year-over-year.
Renting out houses and flats can provide a comfortable source of passive income. The peak season runs from December to April, with the main tenants being holidaymakers who prefer residences near the beaches.
The highest rental prices are found in San Juan and popular resorts. Investment yields in the capital city range from 7.11% to 13.47% per annum, while in Ponce, they range from 11.19% to 11.6% per annum.
Investors can choose between complexes under construction and new builds, which are ideal for renting to wealthier tourists. Modern projects offer a range of amenities, including sports and recreational areas, with some buildings located by the coast and featuring private beaches.
Buying real estate in Puerto Rico
Our site is an aggregator offering real estate for sale in Puerto Rico from sought-after developers and agencies. The portal is updated daily, with new listings featuring up-to-date photos, descriptions and prices. The built-in converter converts the total amount from dollars to euros or other currency. Search filters will sort offers by location, area, number of bedrooms and amenities. Leave a request on the site and a specialist will contact you to discuss properties that fit your budget and preferences.