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A shifting Luxury Market in Puerto Rico

While the Real Estate Market had an incredible run for all of the Continental US over 2020, 2021 and 2022, in Puerto Rico, the Luxury Market was on fire. Record sales are still being reported in areas like Dorado, Palmas del Mar, Luquillo, Fajardo and Culebras. As more investors and businesses look at Puerto Rico as a viable destination for them in an effort to reduce their tax liability, the demand for high end luxury properties continues to increase.

While Dorado has been the hub for many Act 60 decree holders, areas such as Palmas del Mar in Humacao and St. Regis Bahia Beach Resort have also benefitted from luxury buyers willing to step out of the coastal town of Dorado.

If you are looking to make a move to Puerto Rico and in need of a Luxury Condo or Home, look no further. Compass Property Group is ready to help you all the way. Jan Morales, our President, is a bilingual, former Navy Nuclear Submarine Officer who understand the difference in markets and can guide you throughout your process.