Developing a Treehouse Resort in San Juan, Puerto Rico

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Developer · Member since 2010 · 188 posts · 103 votes
3y

There are already a few treehouse short term rentals in Puerto Rico and they are constantly booked!  People love a unique stay.   I've seen treehouses in Rio Grande near El Yunque rain forest and over by Rincon.  There is honestly a lot of land even in San Juan that could work.  But if you want mountains, just start going up.  Canovanas backs up to the rain forest and is right next to San Juan.

Have you spent time in PR?  There is a lot of jungle/secluded areas even in San Juan. Make a trip and drive around.  Lots of big parcels available - check clasificados and facebook marketplace.

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  • Michael BaumPro Member
    Olympia, WA · Member since 2016 · 8k+ posts · 7k+ votes
    3y

    I wonder how well a tree house would survive in a hurricane...

  • John UnderwoodPro Member
    Investor · Greer, SC · Member since 2014 · 13k+ posts · 17k+ votes
    3y
    Quote from @Michael Baum:

    I wonder how well a tree house would survive in a hurricane...


     And Peurto Rico has been hit by many hurricanes lately.

  • Investor · Member since 2022 · 55 posts · 14 votes
    3y
    Quote from @Michael Baum:

    I wonder how well a tree house would survive in a hurricane...

    It can be properly built. I have invested in treehouse resorts though getfoothold.com/unique

  • Developer · Member since 2010 · 188 posts · 103 votes
    3y

    There are already a few treehouse short term rentals in Puerto Rico and they are constantly booked!  People love a unique stay.   I've seen treehouses in Rio Grande near El Yunque rain forest and over by Rincon.  There is honestly a lot of land even in San Juan that could work.  But if you want mountains, just start going up.  Canovanas backs up to the rain forest and is right next to San Juan.

    Have you spent time in PR?  There is a lot of jungle/secluded areas even in San Juan. Make a trip and drive around.  Lots of big parcels available - check clasificados and facebook marketplace.

  • Sarah KensingerPro Member
    Real Estate Consultant · OH · Member since 2023 · 2k+ posts · 1k+ votes
    3y

    I'll agree you can't beat a unique stay! That is fast becoming the STR world full force!

  • Member since 2020 · 2 posts · 3 votes
    3y

    I would recommend Orocovis. Its better themed and you have some good related activities like the zip line and some waterfalls that would make it more marketable.

  • Realtor · Gatlinburg · Member since 2020 · 1k+ posts · 957 votes
    3y

    Perhaps this works is specific locations, but someone here in the smoky mountains built 3 treehouses, ,and for the most part they did a really good job on it.....result has been a disaster. I have checked their calendars for the last year and their occupancy is literally below 20%. As a result, they have tried to sell the property, after 3 months no bids, just last week they lowered their asking price by 25%. Their whole summer is empty with no bookings even at only $100 asking price and still nothing. Just something to think about. 

  • Investor · Member since 2022 · 55 posts · 14 votes
    3y
    Quote from @John Carbone:

    Perhaps this works is specific locations, but someone here in the smoky mountains built 3 treehouses, ,and for the most part they did a really good job on it.....result has been a disaster. I have checked their calendars for the last year and their occupancy is literally below 20%. As a result, they have tried to sell the property, after 3 months no bids, just last week they lowered their asking price by 25%. Their whole summer is empty with no bookings even at only $100 asking price and still nothing. Just something to think about. 


     What do you think we can learn from that experience? Do you link for Airbnb so we can try to understand?

  • Smokies / Greenville, SC · Member since 2021 · 129 posts · 146 votes
    3y
    Quote from @John Carbone:

    Perhaps this works is specific locations, but someone here in the smoky mountains built 3 treehouses, ,and for the most part they did a really good job on it.....result has been a disaster. I have checked their calendars for the last year and their occupancy is literally below 20%. As a result, they have tried to sell the property, after 3 months no bids, just last week they lowered their asking price by 25%. Their whole summer is empty with no bookings even at only $100 asking price and still nothing. Just something to think about. 


     I've been watching that one. The concept is there but the execution was lacking

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