Puerto Rico Home Scouting Services

We have established relationships with local real estate agents, property owners, and community networks across Puerto Rico. Many of the best properties never make it to online listings - they're sold through word-of-mouth or local connections. Our team actively scouts neighborhoods, maintains relationships with property owners, and gets first access to off-market opportunities. We also work with local developers who give us early access to new developments before they're publicly marketed.

Beyond the purchase price, expect 3-7% in closing costs including legal fees ($1,500-3,000), property inspection ($400-800), title insurance, and transfer taxes. Property taxes are generally lower than mainland US (0.25-1.03% annually). However, factor in potential renovation costs - many properties need electrical, plumbing, or structural updates to meet your standards. We provide detailed cost breakdowns for each property we show you.

Puerto Rico has detailed flood zone maps, and we thoroughly research each property's flood history and risk level. Some flood-prone areas can be mitigated with proper elevation, drainage, and insurance. We provide comprehensive flood risk assessments including historical data, elevation certificates, and insurance cost estimates. Many coastal properties worth buying are in flood zones - the key is understanding and planning for the risks.

Yes, but it's more complex than mainland mortgages. US citizens can qualify for conventional loans, but local Puerto Rican banks often have better rates and programs. We work with mortgage brokers who specialize in Puerto Rico real estate and can help you navigate options including local banks, credit unions, and mainland lenders who work in Puerto Rico. Typically expect 20-25% down payments and slightly higher interest rates.