San Juan Real Estate

Prices from $60,000 USD to $3,299,000 USD Listings last updated 09/18/2018

Homes for Sale in San Juan

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San Juan, PR real estate prices overview

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There are 788 homes and apartments for sale in San Juan, PR.

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CITY GUIDE
SAN JUAN, PUERTO RICO

Located in the northern part of Puerto Rico, San Juan is the most populous city in terms of territory. There are approximately 400,000 people living within the 77 square miles of the city and over 2.3 million in the urban area. San Juan is the capital of Puerto Rico.

San Juan has significant influence in the region and is often considered the “Wall Street of the Caribbean.” San Juan has a thriving tourism industry with Condado Beach being the main location of the resorts and hotels. San Juan is home to 6 major colleges and a few smaller colleges and technical schools as well.

San Juan has a lot of appeal for a variety of people. From major sports and concert venues to lush foliage in the nearby El Yunique Rainforest, San Juan offers plenty of both culture and fun. Dating back nearly 500 years, San Juan is rich in colonial history while still providing a modern thriving economy. San Juan is near the Luis Munoz Marín International Airport – the main airport in Puerto Rico. The San Jose Church is a major landmark – it is considered one of the oldest examples of Spanish Gothic architecture in the Americas with construction starting in 1523.

San Juan’s history dates back to the early 16th century when Ponce de Leon founded the first settlement in Guaynabo, just west of San Juan. Originally part of the Spanish empire, San Juan and Puerto Rico changed hands over the centuries between various conquerors. It was not until 1898 that Puerto Rico became a part of the United States.

You’ll find casinos, the Castle of San Cristobal and Ocean Park in San Juan.

San Juan is considered to have a tropical monsoon climate. Highs during the year average in the 80s with the hottest months being August, September and October. The coldest month is January with the average low dipping to 70 degrees. The total annual rainfall in San Juan is 59 inches. The wettest months are August, October and November with an average of 6 inches of rainfall per month.

Real estate and rentals are more expensive here than in most other parts of Puerto Rico but it is still very affordable and an ideal spot for those looking for summer homes, second homes or places to retire. Housing prices are quite low but are poised to increase in the coming years. There are homes, condos and apartments available to suit a variety of budgets and preferences.

With its beautiful scenery, water activities and modern amenities, there is plenty to love for folks who call San Juan their home. As the capital of Puerto Rico, San Juan offers a solid infrastructure, robust economy and plenty of things to do.

KEY FACTS:

San Juan, Puerto Rico

Caguas, Puerto Rico
  • Country: The United States

  • Territory: Puerto Rico

  • Nickname(s): "The Walled City"

  • Population: 395,000

  • Area:

    Land: 199 km2

    Urban: 2,269 km2

Lifestyle

Lifestyle and Culture

There are over a dozen museums located in San Juan. The Casa Blanca Museum, the National Gallery, Museo de San Juan and the Pablo Casals Museum are some of the most popular museums in San Juan. There are also many religious sites to see as well as the Bacardi Distillery. Other notable attractions and landmarks are the Christopher Columbus statue, The Capitol Building and the Santa María Magdalena de Pazzis Cemetery – considered the most beautiful cemetery in the Caribbean.

San Juan hosts many must-see festivals and events throughout the year. These events include the Coffee Harvest Festival, San Sebastián Street Festival, San Juan Bautista Day and the Heineken JazzFest to name just a few.

San Juan is home to many students attending the various higher education institutions. The University of Puerto Rico operates two campuses in San Juan. Other notable institutions include the University of the Sacred Heart, the Polytechnic University of Puerto Rico and the Metropolitan Campus of the Inter American University of Puerto Rico.

Lifestyle

Entertainment and Tourism

San Juan is home to championship basketball, baseball and soccer teams. The Cangrejeros de Santurce basketball team is over 100 years old and has won 4 championships since 2000. San Juan frequently hosts popular sporting events, from WWE to Major League Baseball to the Special Olympics.

Most of San Juan’s nightlife is found along the water. There are many options for tourists and locals alike including the Parrot Club, El Batey and Club Kronos.

The Roberto Clemente Coliseum and the José Miguel Agrelot Coliseum host everything from sporting events and concerts to religious conferences. The José Miguel Agrelot Coliseum famously hosted the first WWE pay-per-view event outside the continental United States and the Roberto Clemente Coliseum was home to George Foreman’s final boxing match.

Entertainment and Tourism
Neighbourhoods

Districts

San Juan is home to 18 districts stretching from Old San Juan, situated on an island, and Santurce all the way to the north, to Quebrada Arenas in the south. Santurce is the largest district both in area and population.

Neighbourhoods

Old San Juan

The Isleta de San Juan which connects to the mainland via a causeway has origins dating back to the 16th century and is home to Old San Juan. The narrow cobblestone streets and colonial style architecture dates back to the earliest days of the settlers. There are many historic sites in Old San Juan and tourism is a big draw with cruise ships frequently seen off the coast.

Santurce

Santurce is the largest district of San Juan in terms of area and population with over 94,000 residents calling this district their home. There are many beautiful structures throughout Santurce which is also home to the Port of San Juan, Corndado Bridge Beach and Ocean Park.

Hato Rey

Hato Rey has everything from restaurants and shops to important government buildings. The FBI runs a field office here and the Puerto Rico Department of Education has their headquarters in Hato Rey. The Roberto Clemente Coliseum and the José Miguel Agrelot Coliseum Polanco call Hato Rey their home.

Universidad

Although home to just under 3,000 residents, Universidad is most famous for being the location of the University of Puerto Rico.

Real Estate Market

The real estate markets in Puerto Rico and San Juan are very affordable. Due to some recent economic hard times, the housing market in San Juan is ripe for the picking. Many believe that once the economy improves, housing prices will increase considerably and, with the beautiful weather year-round, snowbirds are likely to pick up prime real estate in the coming years.

Some believe that San Juan could be the next Miami. Compared to Miami, rental and real estate costs are considerably lower. Rentals in San Juan are half the price of Miami’s and it’s not uncommon to find comparable housing prices nearly 60% cheaper in San Juan. When compared to Ponce, on the southern side of Puerto Rico, housing is more expensive. Rental and real estate averages are 57% higher in San Juan.

As a territory of the United States, there are no strict laws regarding home sales like there are in some other nearby countries such as Mexico.



  • Price per Square Meter to Buy Apartment in City Centre: $2,245.83
  • Price per Square Meter to Buy Apartment Outside of Centre: $1,285.70
Home Style Average Rent Price
1-bedroom apartment in City Centre $795.00
1-bedroom apartment Outside of Centre $532.50
3-bedroom apartment in City Centre $1,510.00
3-bedroom apartment Outside of Centre $1,014.29

Source: www.numbeo.com (June 2017)

Education

Education

San Juan is home to many colleges, universities and technical schools. The University of Puerto Rico has two schools in San Juan: The University of Puerto Rico - Río Piedras Campus and The University of Puerto Rico's Medical Sciences Campus. Art schools include the Puerto Rico Conservatory of Music and the School of Fine Arts. There are tens of thousands of students attending higher education in San Juan.

San Juan’s 130+ public schools are managed by the Puerto Rico Department of Education. Specialized schools in Puerto Rico emphasizing everything from math and science to music and sports are mostly located in San Juan. There are many private schools as well.

School throughout Puerto Rico including San Juan is taught in Spanish. The breakdown of tiers is similar to the United States - elementary schools, junior high school and high school.

Education