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Puerto Rico: House Prices, Rents, and Rental Yields

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Last Updated: Jan 07, 2008

Yields are good in Puerto Rico

Last Updated: Jan 07, 2008
SAN JUAN 1 - Metropolitan - Apartments COST (US$) YIELD (p.a.)
TO BUY MONTHLY RENT
3-BR 216,239 1,305 7.24%
SAN JUAN - Metropolitan - Houses
4-BR 492,917 2,304 5.61%
COASTAL AREAS - Apartments 2
1-BR 284,883 1,483 6.25%
2-BR 514,744 2,283 5.32%
3-BR 766,889 2,672 4.18%
COASTAL AREAS - Houses
3-BR 828,645 n.a. n.a.
4-BR 996,600 n.a. n.a.
1 Metropolitan San Juan properties located in Guaynabo, San Juan, and Trujillo Alto.
2 Coastal Area properties located in Condado, Dorado, Isla Verde, and Palmas del Mar.
Source: Global Property Guide

Gross rental income on a three-bedroom apartment in San Juan is around 7.24%. A four-bedroom house can earn around 5.61%.

Lower yields are expected in coastal areas. Apartments have yields of around 5.25%. A three-bedroom apartment in the coastal area can earn income of 4.18%. Apartments and houses in coastal areas are both more expensive than in San Juan, with three-bedroom apartments and four-bedroom houses selling for $520,00 and $680,000, respectively.

 

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