Puerto Rico Property Market
Puerto Rico information on real estate markets, the latest property news and learn about the property industry and real estate support services.
Puerto Rico is a self-governing unincorporated territory of the United States located in the northeastern Caribbean, east of the Dominican Republic and west of the Virgin Islands. Puerto Rico is composed of an archipelago that includes the main island of Puerto Rico and a number of smaller islands and keys, the largest of which are Vieques, Culebra, and Mona. The main island of Puerto Rico is the smallest by land area and second smallest by population among the four Greater Antilles (Cuba, Hispaniola, Jamaica, and Puerto Rico).
Puerto Rico has an area of 5,325 square miles and compared to U.S. states, it is larger than Delaware and Rhode Island combined, but slightly smaller than Connecticut. The main island is mostly mountainous with large coastal areas in the north and south. Tourism is an important component of Puerto Rican economy supplying an approximate $1.8 billion. In 1999, an estimated 5 million tourists visited the island, most from the U.S. Nearly a third of these are cruise ship passengers. A steady increase in hotel registrations since 1998 and the construction of new hotels and new tourism projects, such as the Puerto Rico Convention Center, indicate the current strength of the tourism industry.
For all your Puerto Rican requirements including property sales, leasing, investments, and property management services check out the international property listings in the Puerto Rico real estate section of Property Directory to connect with property agents, owners and consultants who can assist you with your real estate search.
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