Puerto Rico Residential Report, H2 2021

March 21, 2022

After enduring a fiscal crisis, an extended recession, a multitude of natural disasters, and a global pandemic, Puerto Rico has continued to be resilient.  The Island’s resurgence is founded on its healthy business environment, its status as a part of the United States, its highly competitive tax code, its coming emergence from government debt restructuring, and its entrepreneurial spirit.  As 2022 begins, we feel optimistic that Puerto Rico will continue to expand and grow.

The COVID-19 pandemic has not significantly affected the island, evidenced by the sales of Class A and luxury real estate that has continued to dominate the Puerto Rican market all throughout 2021. Act 22 has encouraged many wealthy Americans to migrate to Puerto Rico and despite the somewhat limited supply on the island, this has caused prices to surge, which has not deterred clients from closing the deal and buying the home of their dreams.


Fill out this form to download report


Jones Lang LaSalle (JLL), together with its subsidiaries and affiliates, is a leading global provider of real estate and investment management services. We take our responsibility to protect the personal information provided to us seriously.

Generally the personal information we collect from you are for the purposes of dealing with your inquiry.

We endeavor to keep your personal information secure with appropriate level of security and keep for as long as we need it for legitimate business or legal reasons. We will then delete it safely and securely. For more information about how JLL processes your personal data, please view our privacy statement.