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Just BN Me asked:
A friend of mine is an agent here in the States but of course things are pretty bad. Did the real estate crash hurt PR as bad and is it hard to get a license there?
February 26, 2010
How is the real estate market in Puerto Rico?
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San Diego Foreclosures
I have an apartment on the east coast and frequent it pretty much. Let me put it this way. When the United States has a cold, P.R. has the flu. There are more people living under the poverty level here than any state in the U.S.
The average home here starts at 70k plus. In the cities you can get a 2 bedroom condo for 100k. The disparity between the haves and the have-nots are amazing and corruption and pay 2 play seems the norm here. Don’t get me started on the homicide count on a yearly basis.
But hey, its an awesome place to visit and tour the island. The food and beaches are great and if you want a cool night out you can’t beat it.
You can actually research about getting a real estate license in the state of Georgia which can be used in P.R. but there are obviously residency laws.
My suggestion is to visit the island but try not to stay just in San Juan. You might just fall in love with the scenery like i have. We have the only rain forest in the U.S. and you can drive around the whole island in 6 hours. BUT believe me i start at 5am and rarely get back by midnight. I plan on being there mid December to the end of February and i just can’t get enough of it.
Yep you got my juices running again.
Comment by Pekelo — March 1, 2010 @ 12:30 pm