Maui offers a variety of property types, including condos, single-family homes, and land parcels. Consider your budget, desired amenities, and maintenance requirements when deciding which property type to pursue.
Because Puerto Rico is a commonwealth of the United States, there are no restrictions on Americans acquiring property on the island. However, there are also financial risks and potential drawbacks to buying a property in Puerto Rico.
Buying a condo in Puerto Rico can be a significant investment, especially in urban and tourist-heavy areas like San Juan. Condos offer attractive rental yields, high demand for short-term rentals, and lower maintenance responsibilities due to HOA management, making them ideal for steady income generation.
Geologically, much of the land is unsuitable for building on, or environmentally protected to preserve special plants, animals, and cultural remains. Basic economics says when demand is high (EVERYBODY wants to live on Maui) and supply is low, prices will be high.
Permanent Stay If you're considering staying permanently in Puerto Rico, the process becomes more challenging. For U.S. citizens, you'll need to average at least 183 days over three years on the island, with a minimum of 60 days each year.
The island has beautiful beaches and a pleasant climate. Because Puerto Rico is a commonwealth of the United States, there are no restrictions on Americans acquiring property on the island.