Property Investor information: Puerto Rico
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Property Investor information for: Puerto Rico
Puerto Rico offers a wide selection of properties, ranging from luxurious suburban homes and villas tucked away in landscaped communities, to urban high-rise condos and beachfront apartments perfect for that occasional getaway.
Buying property on the island can be expensive, especially around San Juan and the coastal towns, but many upper middle-class families own investment property that might be a city, seaside or a country escape, which they rent to vacationers when they are not using them.
Those who are looking for something more tranquil have a large selection of comfy "suburbs" to choose from, including Guaynabo, Trujillo Alto, Dorado, Cuguas, Cayey, Bayamon and Montehiedra.
Vacation property can be found in almost all the coastal towns, as well as on the islands of Vieques and Culebra. Beides the San Juan region, popular outlying areas include Boqueron, Joyuda, Combate and Rincon, which are located on the western and southwestern sections of the island. Areas such as Fajardo, Luquillo and Humacao are favorites in the eastern and northwestern regions. Timeshares are also growing in popularity, with resorts such as Hyatt, Embassy and Palmas del mar offering luxurious upscale units for sale.
