Puerto Rico: House Prices, Rents, and Rental Yields
In Depth
- Overview
- Price History
- Rental Yields
- Taxes and Costs
- Tax on Rent (Example)
- Buying Guide
- Landlord and Tenant
- Inheritance
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Global Statistics
Regional Statistics
- Sq. M. Prices
- Rental Yields
- Rents
- Price/Rent Ratio
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- Competitiveness
Last Updated: Feb 05, 2009
All is well in Puerto Rico
| Last Updated: Feb. 05, 2009 | |||||
| METROPOLITAN SAN JUAN - Apartments |
COST (US$) | YIELD (p.a.) | PRICE/SQ.M. (US$) | ||
| TO BUY | MONTHLY RENT | TO BUY | MONTHLY RENT | ||
| 3 BR | 282,199 | 1,722 | 7.32% | n.a. | n.a. |
| METROPOLITAN SAN JUAN - Houses |
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| 3 BR | 388,877 | n.a. | n.a | n.a. | n.a. |
| 4 BR | 459,942 | 3,230 | 8.43% | n.a. | n.a. |
| 5+ BR | 978,250 | n.a. | n.a. | n.a. | n.a. |
| COASTAL AREAS - Apartments |
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| 2 BR | 501,615 | n.a | n.a | n.a. | n.a. |
| 3 BR | 632,783 | 2,989 | 5.67% | n.a. | n.a. |
| COASTAL AREAS - Houses |
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| 4 BR | 677,692 | n.a | n.a | n.a. | n.a. |
| Districts researched: Metropolitan Areas in San Juan includes Guaynabo, San Juan & Trujillo Alto. Costal Areas include Condado, Miramar, Dorado and Isla Verde (Carolina) Source: Global Property Guide Definitions: Data FAQ See also: Update Schedule |
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Rental yields in Puerto Rico increased slightly in 2009, as compared to the Global Property Guide’s 2008 survey. In San Juan, the gross rental yield on a three-bedroom apartment is now around 7.24%.
Coastal areas tend to have lower yields, as would normally be expected. 3-bedroom apartments in coastal areas yield around 5.67%.
Apartments and houses in coastal areas are more expensive than in San Juan, with three-bedroom apartments and four-bedroom houses selling for US$630,000 and US$680,000, respectively.
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