Information for Buyers
Buying Process for U.S. and Non U.S. Residents
Buying process which includes how offers and contracts are negotiated, a summary of what to expect during the due diligence period, Puerto Rico Notaries, closing costs and fees.
Buying Property in Puerto Rico
Once you have identified the property you are interested in, our first step will be to submit a written offer on your behalf. Typically the offer is a one-page document outlining the price and any specific conditions the purchaser may have. Once the seller accepts and parties are satisfied with the conditions, a formal Option to Buy Contract is issued for review and signature.
Need an Agent to Represent Your Interests?
You are buying a property- something this important needs full attention! I am committed to my clients from the first moment of contact, be it online, over the phone or in person. Consider hiring me as your Buyer Representative.
Research and Showings- How Do We Begin?
Our no-nonsense approach, flexible process, and access to top industry financing and services contacts give you the confidence to focus on what’s next. enjoying your Island home!
Financing Options in Puerto Rico
Puerto Rico has various home financing solutions, just like mainland U.S.: FHA, 203K, VA Loans, Rural, etc. Financing in Puerto Rico must be done through a local lender.
In order to bolster a diversified economy, the local government has created an aggressive economic and tax incentives program with the purpose of helping operations on the island become more profitable to those companies who establish themselves here.
1031 Exchange in Puerto Rico
There may be alternative ways to get the most out of investing in the island.
An Opportunity Zone (OZ) is a community or region that has meet the specific criteria as an economically-distressed zone and has been designated eligible for preferential tax treatment. Puerto Rico was announced as Federal Opportunity Zone on April 18, 2018.**
EB-5 Immigrant Investor Program
U.S. Department of Homeland Security has implemented several changes to the EB-5 Immigrant Investor Program went into effect Nov. 21, 2019.
Ready to begin your search?
Fill out our Buyer Questionnaire below. By doing so we will be able to better help you with your Puerto Rico Real Estate needs!
Call us today at (939) 402-1264 and let's get started!