Category Template - AmberLight PRO | Puerto Rico Real Estate News

Monday, May 17, 2021

Residential
- All New Developments Recent Sales
  Puerto Rico New Home Sales Slump 26.5%
  Market Data December 27, 2019 0
  New home sales in Puerto Rico dropped 26.5% during the months of July- September 2019 compared to previous period 2018.
  Puerto Rico’s Housing Market is gaining momentum.
  Market Data November 16, 2019 0
  Puerto Rico’s housing market is gaining momentum, after several years of house price falls. During the year to Q2 2019, the seasonally-adjusted purchase-only house...
  Ponce Could Be Puerto Rico’s Next Big Destination
  New Developments November 8, 2019 0
  While San Juan has long been Puerto Rico’s undisputed tourism hub, the island’s efforts to ramp up tourism development have meant a look at...
  Former Sears property in Hato Rey to be developed.
  New Developments September 5, 2019 0
  According to News Is My Business the proposed plans submitted by the property’s owner, Puerta de San Juan LLC. to the government’s Permits Management...
  New Luxury Real Estate Coming To Puerto Rico
  New Developments December 26, 2018 0
  Bahia Beach A major new luxury real estate project is coming to Puerto Rico. The St Regis Bahia Beach Resort has announced a new $85 million...
  New owners of Río Bayamón community to invest $200M to redevelop.
  New Developments December 4, 2018 0
  Puerto Rican real estate development firm VRM Companies the new owner of the 90-acre property known as Río Bayamón community, which they bought from...
Commercial
- All Commercial Space New Commercial Leases Recent Commercial Sales
  Plaza Palma Real in Humacao Sells for $50M
  Commercial Real Estate News December 24, 2020 0
  Retail Value Inc. closed on the sale of the Plaza Palma Real shopping Center in Humacao on Dec. 22, for $50 million prior to...
  Everything went wrong for the Mall of San Juan.
  Commercial Real Estate News August 6, 2020 0
  (Bloomberg) -- The grand opening of the Mall of San Juan was a celebration of Puerto Rico’s rosy future. There was confetti, a bomba...
  Cuba Libre Restaurant & Rum Bar to open 1st restaurant in P.R.
  New Commercial Leases December 18, 2019 0
  Philadelphia-based Cuba Libre Restaurant & Rum Bar will open its first restaurant outside the U.S. mainland at the Plaza Las Américas mall in January...
  San Patricio Plaza
  Companies On The Move December 5, 2019 0
  Empresas Caparra, parent co. of San Patricio Plaza, will invest $12M to build The Square @ San Patricio Plaza, to fill the 87,000 square-foot...
  Plaza Palma Real Shopping Center reopens.
  Commercial Real Estate News December 2, 2019 0
  Humacao, Puerto Rico — Amid its 25th anniversary celebration and after overcoming the significant impact of hurricanes Irma and María, Plaza Palma Real shopping...
  More Sears and Kmart stores close in Puerto Rico
  Commercial Real Estate News November 6, 2019 0
  The TransformCo company, which owns Sears and Kmart stores in Puerto Rico, announced the closure of eight stores in Puerto Rico. The closure announced includes...
Hospitality
- New Hotel Project coming to Condado
  Tourism December 5, 2020 0
  With an investment of $12.3 million, an all-suite hotel is being constructed on Ashford Avenue in the Condado area of San Juan. The new...
  A New Boutique Hotel is Opening in Old San Juan
  Tourism December 4, 2020 0
  Preferred Hotels is opening a new boutique hotel in Old San Juan.The new Palacio Provincial is set to launch in January 2021, according to...
  New Hotel planned for Puerta de Tierra in San Juan
  Hospitality News September 13, 2019 0
  A new $12 million hotel will be built on Ponce de León Ave. in San Juan’s Puerta de Tierra sector, featuring some 200 rooms...
  Puerto Rican company acquires El Conquistador Hotel
  Hospitality News August 20, 2019 0
  Nearly two years after Hurricane María caused multimillion-dollar damage to El Conquistador Resort, in Fajardo, the local company Royal Blue Hospitality (RBH) bought the...
Mortgage News
- Mortgage Delinquency in Puerto Rico Increase
  Mortgage News December 12, 2020 0
  The mortgage delinquency rate in Puerto Rico increased after the COVID-19 pandemic to numbers very close to those registered on the island in the...
  FHA loans
  Mortgage News November 19, 2020 0
  FHA loan is a government-backed mortgage insured by the Federal Housing Administration, or FHA for short. Popular with first-time homebuyers, FHA home loans require...
  FirstMortgage launches website access, optimizes app
  Mortgage News March 4, 2020 0
  In keeping pace with the technological evolution of its services and products that guide and take care of customers in a faster and more...
  FHA changing 203(k) rehab mortgage rules in Opportunity Zones to spur investment.
  Opportunity Zones December 1, 2019 0
  Aiming to boost investment in residential real estate into Opportunity Zones, the Department of Housing and Urban Development announced late last week that it...
Places
- All San Juan Metro Old San Juan Guaynabo Isla Verde Beach Condado Condado Beach Carolina Santurce Miramar Ocean Park Puerta De Tierra North Puerto Rico Arecibo Dorado West Puerto Rico Cabo Rojo Rincón Lajas Aguadilla San Sebastián Isabela Las Marias Central Mountain Cayey Adjuntas Orocovis Utuado South Puerto Rico Manuabo Ponce Patillas Guayanilla Villalba East Puerto Rico Loiza Rio Grande Fajardo Palmas Del Mar Humacao Culebra Island
  Residents of Old San Juan demand attention to the problems that plague their community
  Old San Juan March 20, 2021 0
  Over 130 residents of Old San Juan arrived yesterday, Thursday, at the Plaza de la Barandilla to express their discomfort with the various situations...
  Fajardo
  Fajardo January 12, 2021 0
  Hyatt Residence Club Dorado,Reopens
  Openings December 19, 2020 0
  After a three-year recovery and rebuilding effort, the associates at Hyatt Residence Club, Hacienda Del Mar located in Dorado, Puerto Rico, are excited to welcome...
  Cayo Santiago, Humacao
  Humacao December 19, 2020 0
  Cayo Santiago is a 38-rope islet of land that has been inhabited by rhesus macaques since 1938. That year, the first 403 monkeys from...
  Off-the-Beaten-Path Surf Beaches in Puerto Rico
  Places December 19, 2020 0
  When you think of surf in Puerto Rico, your mind automatically will take you to the west coast. Yes, the towns of Isabela, Rincón,...
  Palmas Del Mar
  Communities December 9, 2020 0
  40 minutes from San Juan, situated on beautiful rolling hills that open straight into the Caribbean sea sits the luxury resort gated township...
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