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Updated almost 4 years ago on . Most recent reply

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4
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Brad Crerar
1
Votes |
4
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Advice for Puerto Rico property

Brad Crerar
Posted

Hi All, I am looking to buy a property in either Miami or Rincon, PR to use as a vacation home and as a STR/Airbnb to offset costs. I have done extensive research in Miami and so far it has not worked out due to the limited number of properties allowing daily rentals along with the current high prices/sellers market.

I am having a lot more difficulty finding listings and info on properties in Rincon, PR. I would love to buy a single family home with a pool or even renovate a home and install a pool. I am very concerned about quality of renovations/contractors and getting “gringo” pricing so would also consider a condo but the quality of condos I have found do not seem to be worth the prices. I would also consider buying land and building using modular / prefab. 

Does anyone know of reputable prefab builders in PR?

Any other advice or recommendations for condos and general Airbnb investment in PR would be GREATLY appreciated. 

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