Accommodation in Puerto Rico
Puerto Rico has been faced with an economic downturn since the recession, and as a result, the cost of living has increased significantly. This has affected the price of accommodation in Puerto Rico.
Types of property in Puerto Rico
The most common types of accommodation in Puerto Rico are apartments- furnished or unfurnished. Typically, apartments are rented directly through the landlord. The landlord owns the apartment in order to make a profit, and some will even consider selling if the price is agreeable.
Which utilities are included in the apartment is up to the landlord, and should reflect in the price. Expats should be clear on this, as paying for monthly utilities can add up.
The cost of the deposit can be one to two months' rent, but this varies according to the owner.
Finding property in Puerto Rico
The easiest way to find accommodation in Puerto Rico is through online classifieds. Expats should be aware that sometimes accommodation will be advertised by more than one real estate agent, and that the prices may differ. A full inspection of the accommodation is also advised before signing any lease.