Caribbean MLSReal Estate

Apartment Building in San Juan, Puerto Rico

Available on request

The brief

The reason to consider it.

This historic building features five floors, offering eight apartments and a penthouse with a spacious terrace, generating income through short and long-term rentals. It includes a water tank and laundry facilities. Located near the Universidad Sagrado Corazón, it is conveniently close to restaurants, shopping centers, and nightlife areas.

Last confirmed

Type
House
Interior
Available on request
Land
Available on request
Year built
Available on request

What this listing includes

  • Water storage
  • Laundry

What people say about Puerto Rico

Accounts from Puerto Rico agree on one point above all: the electric grid.

  • Concern Unreliable grid and outages; backup power treated as a normal ownership cost
  • Concern Hurricane and flood exposure; insurance limits, exclusions and timing need checking before buying
  • Positive Foreign buyers can hold title; purchase runs through option contract, title study and attorney-notary
  • Mixed Act 60 incentives still attract buyers but are narrowing and conditional for new applicants

Read what people say, based on 11 sources

Cost of entry

The asking price is not what it costs.

What completing costs

US dollars

Who bears the transfer cost is market practice, not law