Buying Property in Puerto Rico this Year
Dreaming of buying property in a tropical paradise? Puerto Rico real estate is incredibly affordable right now, so it’s a great time to buy.
If you’re like a lot of people, you’ve at one time or another dreamed about what it would be like to live full- or part-time somewhere in the Caribbean. Somewhere tropical, lush and beautiful, where you feel like you’re on vacation every day.
For many people, that Caribbean paradise is right here in Puerto Rico. We have helped countless people over the past decade buy their dream vacation home or Luxury home on the island that eventually became their permanent residence. If you’ve been thinking about buying property in Puerto Rico this year, we’d love to help. Many clients have asked us if buying property in Puerto Rico after the hurricane is a smart idea. We can answer that question with a resounding YES! The island has definitely bounced back. New infrastructure is being built, new homes and condominiums are going up, and the opportunities to invest in the real estate market are outstanding.
If you’re looking for Puerto Rico home buying incentives, consider the fantastic tax loopholes created by the government to attract wealthy investors and business owners. Consider the new Opportunity Zone legislature that allows investors to put their funds into projects on the island and, if kept in those project for 10 years, not pay any gains tax upon the sale.
There’s No Better Time to Buy Than Right Now
Wealthy private investors and hedge funds like Goldman Sachs have already begun snatching up properties on the island. Will you be next?
Consider this: right now, you can buy stunning beachfront properties for 55% less than what they would cost in Miami. Now consider this, those wealthy investors and hedge funds I mentioned? They’ve been calling Puerto Rico “the next Miami.” That means if you buy now while prices are so low, you can see some incredible gains in the near future. We invite you to take a look through our inventory of properties, then give us a call at (787) 599-7999 or email to schedule an appointment to tour them.
Have any questions? We’re always more than happy to answer them. We look very forward to helping you make what could, quite possibly, be the best financial investment you ever make.