Condado: Your Puerto Rico Real Estate Neighborhood Guide

Find out what it’s like to live in Condado, Puerto Rico.

PRelocate’s Real Estate Brokerage Services

Are you looking to purchase or rent real estate in Condado or another area in Puerto Rico? PRelocate can help. We’re a licensed real estate brokerage firm (license C-21696) with extensive knowledge of the Puerto Rico real estate market. Our expert team is professional, responsive, and friendly. We can save you time and effort by helping you find the right home on the island quickly and easily.

Living in Condado, Puerto Rico

Puerto Rico offers many fine neighborhoods for prospective residents, and oceanfront Condado offers a perfect blend of luxury, fashion, and security in the island’s capital of San Juan. Once called “The Riviera of the Caribbean,” Condado lies within easy reach of San Juan’s commercial and historic treasures. It’s a cosmopolitan neighborhood with deluxe shopping outlets, a fantastic restaurant scene, well-appointed hotels, and extravagant beachfront living. Many wealthy socialites call Condado home.

Elegant Condado traces its history back more than a century to renowned industrialists like the Vanderbilts and the Behn Brothers. These wealthy families built summer homes and developed the area’s transportation and communications infrastructure, stimulating an economic boom in Condado.

Along with the tax benefits that come from relocating to Puerto Rico, living in Condado can provide a lifestyle of ultimate luxury. From luxury condos beside Condado Beach or luxury rentals next to Condado Ocean Club, the neighborhood is in a great location with one of the hottest real estate markets in Puerto Rico.

Location

Condado is one of the island’s most fashionable and sophisticated places. Located 10 minutes away from San Juan International Airport, this upscale, oceanfront, tree-lined neighborhood is one of 40 sub barrios of Santurce in San Juan, Puerto Rico. It is situated east of the historic colonial barrio of Old San Juan and the Puerto Rico Convention Center.

San Juan is the largest metropolitan city and the capital of Puerto Rico, and Condado is one of its most compact neighborhoods, extending over 200 acres of land. The population of San Juan is around 2.4 million, while Condado hosts only about 5,000 residents.

Condado Beach, stretching from La Ventana al Mar Park on Ashford Avenue in the west to Punta Piedrita in the east, is one of the neighborhood’s main tourist attractions. It is also within walking distance of high-end hotels, casinos, and restaurants, which attract many tourists.

As a great location for deluxe beachfront living, Condado has an upper-middle to upper-class community. Having a home here reflects wealth and status.

Languages

Puerto Rico’s official languages are Spanish and English. Condado and the rest of San Juan see millions of tourists each year, so English speakers abound among the locals. It’s fairly easy to negotiate your way around living in this tourist-friendly and upscale neighborhood, as many of its residents are English-speaking native Puerto Ricans or American expats from the mainland.

Real Estate Prices in Condado

Condado, the “Manhattan of Puerto Rico,” offers the crème de la crème of luxury oceanfront living. In the Puerto Rico real estate market, Condado is the prime location for homebuyers looking for luxury condos and lavish apartments.

Real estate prices in this desirable neighborhood have risen steadily in response to growing demand. According to realtor.com, the median listing home price is now $1.25 million. Condos near Condado Beach have recently sold for more than $7 million. However, bargain homes are available; condos farthest from the ocean can sell for under $200,000.

Rentals are also highly sought after in Condado. The median monthly rent in this neighborhood is nearly $5,000, with higher prices close to the beach and lower prices further inland.

Condado Hotels, San Juan, Puerto Rico

Since Condado is an upscale neighborhood in the heart of Puerto Rico’s most visited destination, you will find a wide range of luxury resorts, boutique lodgings, and beachfront hotels that are all family-friendly and provide impeccable service. Condado Vanderbilt Hotel is one of the classiest of such hotels and is known for its hammam spa and captivating views of Condado Beach.

For a unique and memorable stay, La Concha Resort is a historic property whose interior is shaped like a conch shell and has windows with captivating ocean views. The beach awaits mere steps beyond the outdoor pool.

O:live Boutique, with its tasteful Mediterranean designs, Champagne Floating Decks, and special in-room experiences, is the perfect spot for a romantic getaway.

Another chic boutique hotel in front of Condado Beach is the Condado Ocean Club, a beach-club-style hotel that celebrates the surf culture of Condado.

Caribe Hilton is probably Condado’s most fun and family-friendly hotel. It hosts tennis courts, playgrounds, mini-golf, video arcades, and waterslides.

Guests enjoy everything from spacious suites to a rooftop pool at the AC Hotel by Marriott San Juan Condado. Guest rooms are well-furnished and include mini refrigerators.

Fine dining, upscale shopping, and exciting nightlife are just a stone’s throw from the Condado Palm Inn. Its modern and well-equipped rooms offer views of the Atlantic Ocean and downtown San Juan. You can work with ease thanks to the hotel’s business center and free WiFi or work out in the 24-hour fitness center.

Shopping

Ashford Avenue in Condado, Puerto Rico, where you will find the famous Condado Vanderbilt Hotel, is also known as the Fifth Avenue of Puerto Rico. High-end retail stores abound on this street and feature world-class brands like Furla, Gucci, Louis Vuitton, Salvatore Ferragamo, and many more.

Highly acclaimed local Puerto Rican boutiques by Lisa Thon, Monsieur, and Nono Maldonado are also on or near Ashford Avenue. Condado is a shopaholic’s dream come true.

Dining

The neighborhood also boasts some of the island’s highest-rated fine dining restaurants. At each one, you can indulge in a delicious blend of rich local flavors prepared with culinary techniques from around the world.

The 1919 Restaurant in the Condado Vanderbilt Hotel pairs astounding New American fare with equally astounding views. At Mario Pagán Restaurant, you can enjoy exquisite international and local fare.

For incredible Cuban-Puerto Rican cuisine, dine at Ropa Vieja Grill. El Refrán features top-notch traditional Puerto Rican dishes. Bangkok Bombay offers delicious Indian food and Via Appia serves high-quality Italian dishes.

Nightlife & Entertainment

Condado is also the nightlife epicenter of San Juan. The neighborhood is home to several trendy clubs and classy lounges.

You can dance until dawn at La Concha Resort’s exclusive Club Fifty Eight. The Red Coral Lounge at the San Juan Marriott is perfect for salsa dancing and merengue music. True night owls head to Kali, an Eastern-themed lounge and restaurant, which starts to come alive at two in the morning.

For a more luxurious experience, the VC Lounge and Cocktail Bar at the Condado Vanderbilt Hotel provides a variety of cocktails and excellent service. Condado also offers rooftop bars like ARYA Rooftop Bar and BAR.C.Lona Rooftop, where you can sit back with your piña colada and enjoy style, comfort, and extraordinary views.

If you’re looking for more of a thrill, stop by one of Condado’s casinos, like La Concha Resort’s Casino Del Mar or the San Juan Marriott Resort’s Stellaris Casino.

Outdoor Activities

Because of its proximity to the coastline, Condado is popular among those who enjoy water sports like sailing, diving, and surfing.

Condado Beach is one of the most frequented beaches in the vicinity of Old San Juan. Calm and clean Playita del Condado is a small public beach located on the western edge of the neighborhood. It’s often uncrowded early in the morning, especially on weekdays. If you’re looking for beach fun for the whole family, it’s a fine choice.

You can also go snorkeling or paddle boarding in tranquil Condado Lagoon.

Reputable companies like VIP Adventures and Night Kayak organize aquatic activities in Condado for individuals and groups.

Condado’s many parks and recreational areas host outdoor activities like Zumba classes, cycling, yoga, and picnicking. For example, check out La Ventana al Mar to savor the beautiful, sunny weather.

Weather & Hurricanes

Life in Condado is like a neverending summer vacation. Like the rest of San Juan, Condado enjoys year-round warmth with temperatures ranging from 75 to 86 degrees Fahrenheit. However, it usually feels cooler thanks to the frequent sea breezes. August is the warmest month of the year, while January is the coldest. May and November are the rainiest months.

Hurricane season in Puerto Rico spans the period from June through November. As long as a hurricane isn’t slated to make landfall around San Juan, it’s generally safe to stay in Condado during this time.

However, since this is a neighborhood close to the ocean, take extra precautions and always check the daily weather reports. When looking for houses or condos for sale in Condado, Puerto Rico, always remember to make sure your future home is prepared for hurricane season.

Transportation

Condado, Puerto Rico is a small and walkable neighborhood. Thanks to its location in the capital city and its popularity among tourists, transportation is easy to find. Public buses, taxis, and Uber services are readily available to take you anywhere within San Juan and places beyond. Condado is also friendly to cyclists.

Residents of Condado and other parts of Puerto Rico will find that renting or buying a car will make getting around the island much easier.

Internet Connectivity

Puerto Rico has extensive internet infrastructure, with high-speed 5G coverage available in almost every part of the island. Since Condado is in the capital city of San Juan, internet connectivity in the neighborhood is reliable and readily available.

Just about every hotel in the area provides its guests with high-speed internet access and free WiFi.

Obtaining residential broadband or WiFi internet connectivity is easy in Condado. Top internet service providers include Claro, AeroNet, and IP Solutions.

Private Schools

Parents will be pleased to learn that Puerto Rico has a high standard of education in its private schools. Condado is also home to two of the best private schools on the island.

Offering bilingual instruction to their students, St. John’s School and Robinson School are highly regarded on the island and abroad. Many of the students who study at these schools are highly sought after by top universities worldwide, such as Harvard, Oxford, and MIT.

Healthcare

Those who live in Condado can count on access to some of the best healthcare available on the island.

Ashford Presbyterian Community Hospital, located on Ashford Avenue, provides a comprehensive list of healthcare services. It will take good care of you regardless of whether you need a routine checkup or help during a medical emergency.

Although Puerto Rico’s healthcare system is well-developed overall, if you are a resident of the island or intend to become one, it’s a good idea to purchase private health insurance. Since the quality of public medical services can vary, signing up for private insurance will help to expedite your treatment and get you access to the best medical care.

Act 60

Puerto Rico’s generous tax incentives are among the biggest draws for U.S. citizens looking for opportunities away from the mainland.

The Act 60 Individual Resident Investor Tax Incentive and the Act 60 Export Services Tax Incentive provide qualified individuals and businesses the chance to cut their taxes immensely.

An eligible individual who lives in Puerto Rico can pay 0% tax on income accrued from all dividends, interest, short-term and long-term gains, and cryptocurrencies and crypto assets. Businesses that have moved operations to the island and export their services to clients outside enjoy a low 4% corporate tax rate.

To benefit from Act 60, you must buy property to use as your residence in Puerto Rico. Picking a new home in Condado means saving on taxes while living in style.

PRelocate’s Real Estate Brokerage Services

Besides the many tax advantages, living in Condado promises a swanky lifestyle.

A coveted neighborhood that offers extraordinary nightlife, chic shopping outlets, and fabulous restaurants, Condado is synonymous with sophistication.

That’s not all. This compact and walkable neighborhood offers efficient healthcare and a high standard of education for your children, so your life here will be comfortable and enriching as well.

If you’d like to know more about purchasing or renting real estate in Condado, PR, our expert team at PRelocate can help. Our team of experienced professionals can provide invaluable guidance in helping you find your new home.

Our staff members are dedicated to saving you time and energy during your search for the perfect property. We have native English and Spanish speakers as well, so communication will not be a problem. Start by checking out our current real estate rental and for sale listings.

Get our help to buy, rent, or sell property in Puerto Rico.

Disclaimer: Neither PRelocate, LLC, nor any of its affiliates (together “PRelocate”) are law firms, and this is not legal advice. You should use common sense and rely on your own legal counsel for a formal legal opinion on Puerto Rico’s tax incentives, maintaining bona fide residence in Puerto Rico, and any other issues related to taxes or residency in Puerto Rico. PRelocate does not assume any responsibility for the contents of, or the consequences of using, any version of any real estate or other document templates or any spreadsheets found on our website (together, the “Materials”). Before using any Materials, you should consult with legal counsel licensed to practice in the relevant jurisdiction.