Miramar Puerto Rico: Your Neighborhood Real Estate Guide

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Miramar: An Overview

Miramar is a trendy waterfront enclave of Santurce, the largest and most populous area of San Juan. Here you’ll find some of the best real estate in the vicinity of the capital. A middle and upper-class residential neighborhood with around 4,000 residents, Miramar sits on the stunning Condado Lagoon and the vast Bay of San Juan.

Whether you’re searching for rentals or luxury homes in San Juan, Miramar is a great, centrally located waterfront locale to consider for your relocation to the Island of Enchantment.

Location and Languages

Ideally located, Miramar is 10 minutes from San Juan International Airport and just 5 minutes from the beaches of Condado and Ocean Park. It’s only two miles from the Port of San Juan and the historic attractions of Old San Juan.

Founded in 1521, San Juan is the largest metropolitan city on the island and the capital of the U.S. territory of Puerto Rico. Miramar occupies only a quarter of a square mile in the northwestern part of San Juan.

Both English and Spanish are the official languages of the island. Spanish dominates in Puerto Rico, but those searching for real estate in Miramar will find that most people speak English.

What is the Cost of Living in Miramar?

Overall

Miramar is one of the higher-end places on the island, as reflected in its prices. However, living in this part of San Juan is still a bargain relative to comparable areas elsewhere in the United States.

The overall cost of living in Puerto Rico is low. You’ll probably save between 5% and 70% off your expenses if you relocate from the mainland to the island.

Housing

Miramar is an exclusive part of San Juan where you’ll find a stunning array of luxury homes amid mature trees. Some of Miramar’s luxury rental towers even overlook the ocean.

In November 2022, the median listing price for Miramar San Juan real estate surged to $860,000, a 65% increase relative to one year earlier.

Miramar’s historic luxury homes and waterfront rentals are for sale at prices that can top $3.5 million. However, affordable condos are also for sale here, starting at $375,000. Budget-friendly Miramar rentals are available, with apartments starting at $1,500 per month.

Numerous real estate franchises are active in Miramar; whether you’re looking for properties brokered by Keller Williams Grand Homes, WL Real Estate, or, best of all—PRelocate—you have many choices.

Visit our regularly updated listings for the latest deals; beyond Miramar, real estate Puerto Rico offers many other fine properties to choose from as well.

Health Care

The tiny enclave of Miramar isn’t home to many medical facilities, but you’ll find several highly regarded hospitals and medical centers elsewhere in Santurce. The following hospitals provide everything from 24/7 emergency care to specialty services:

Conveniently located Miramar is near many other excellent medical facilities with modern equipment and English-speaking healthcare professionals in the greater San Juan area. Browse our list of top doctors in Puerto Rico for your medical needs.

Need a prescription refill? Medications are for sale at plentiful CVS and Walgreens pharmacies in and around Miramar.

On average, healthcare costs on the island are about 30% lower than on the mainland. Consider one of the following if you’re looking for health insurance in Puerto Rico:

Transportation

Public transportation options are limited in Miramar, making cars a necessity. However, Uber is widely available. Travelers who take a taxi will pay more here than on the mainland; driving for a mile in San Juan costs around $3.22 vs. $3.00 in New York City.

The price of gas is currently around $3.25 per gallon in San Juan. However, unlike on the mainland, you’ll buy gas here by the liter.

Groceries

Most of the food items you’re used to are available in the many grocery stores in San Juan. You’ll find local favorites Supermercado Pueblo and La Hacienda Meat Center right in Miramar.

Groceries tend to be less expensive in Puerto Rico than elsewhere in the United States. For example, a loaf of white bread in San Juan will cost you around $2.59, while the average price in New York City is $3.85. You can buy a dozen eggs for about $4.19 in San Juan compared to $4.49 in New York. Many produce items, including apples, oranges, potatoes, and onions, are also cheaper here.

However, a few things, such as milk and wine, cost more in San Juan.

Utilities

Basic utilities are also more expensive here than on the mainland. For a 1-bedroom apartment, it’s not unusual to see prices of around $225 per month for utilities, including water, electricity, and air conditioning—more than 20% higher than in an equal part of New York.

Fixed wireless internet is available to 100% of Miramar’s residents. Most high-speed internet service plans cost between $50 and $100 monthly. The following are a few of the reputable internet providers in the vicinity:

AeroNet
Claro Internet
Liberty

We’ve written a helpful guide on how to navigate the island’s bureaucracy and get utilities up and running quickly.

Shopping and Dining

Miramar is mostly a quiet residential community, but luxury brands such as Ferragamo, Gucci, and Louis Vuitton abound in nearby oceanfront Condado. Preeminent local designers, such as Lisa Cappalli, have shops in Santurce.

In Miramar, the state-of-the-art Puerto Rico Convention Center, an architectural jewel, attracts vendors worldwide. It has transformed its surroundings into an upscale retail destination.

Dining options are limited in residential Miramar. However, Santurce has many local dining options; check out La Casita Blanca Restaurant and Bebo’s Café, both on Loίza Street.

Some of the finest restaurants in Puerto Rico are in Condado, including Michelin-rated chef Juan José Cuevas’ opulent 1919 Restaurant.

Locally, Miramar staple Los Pinos Café is open 24 hours a day, ready to indulge those late-night cravings for authentic Puerto Rican cuisine.

Nightlife and Entertainment

Miramar has a relatively quiet nightlife scene compared to nearby Condado and other parts of Santurce. However, from movies and restaurants to a conservatory, you still have good places to choose from for a fun night on the town in this part of San Juan.

Caribbean Cinemas is a cinephile’s dream and a select date spot for catching everything from new releases and live ballet to cult and arthouse films. The Puerto Rico Conservatory of Music puts on concerts frequently.

In 2020, Miramar became a neighbor to Puerto Rico’s own version of Times Square: DISTRITO T-Mobile entertainment complex. Located just a few blocks west of Miramar and next to the convention center, DISTRITO T-Mobile has an adventure park, a vast plaza filled with restaurants, and the Coca-Cola Music Hall.

Outdoor Activities

Miramar has two marinas in the Bay of San Juan, making it not only a hotspot for luxury homes but for sailboats and yachts.

Sailing and watersport rental shops, such as Club Náutico de San Juan, are common along the marinas, which offers sailing lessons to kids and adults. Club Náutico de San Juan also hosts the International Billfish Tournament, a huge tourist draw.

The Condado Lagoon and the Bay of San Juan make for great waterfront exercise routes, with bridges to Old San Juan and Condado Beach, known as the “Caribbean Riviera.” Condado Beach is beautiful, but its strong undercurrents make it a less desirable location for swimming.

Weather Conditions

Miramar’s average temperature matches that of greater San Juan and stays between 65 and 90 degrees Fahrenheit year-round. However, being near the ocean, Santurce can feel cooler, due to the frequent sea breezes found in San Juan.

Hurricane season lasts from June through November in Puerto Rico. Ensure your future home in Puerto Rico is prepared to withstand these devastating storms. Check out PRelocate’s hurricane advice for homebuyers for must-read information.

Travel and Safety

Frequent travelers rejoice—this community is also a travel hub connecting to more exotic locations in Puerto Rico and elsewhere in the Caribbean.

The Isla Grande Airport (Fernando Luis Ribas Dominicci Airport) in Miramar has daily flights to the islands of Vieques and Culebra, renowned for their bioluminescent waters and undeveloped Caribbean beaches abutting boundless wildlife refuges.

Though considered one of the safest residential enclaves on the island, not all areas of Miramar San Juan may be safe for night walking.

Hotels

What better way to get oriented to the community during your real estate search than to stay at one of Miramar’s hotels? Spending a few days to a few weeks here can help you to decide whether this is the right place for you to live on the island.

For one of the top luxury hotels near Miramar, check out La Concha Renaissance San Juan Resort in Santurce. Just off of Condado Beach, La Concha Resort offers top-notch amenities in avant-garde rooms. The staff are meticulous in attending to guests’ needs.

Each upscale room at La Concha Resort offers plenty of space for guests and starts at around $342 per night, plus taxes and fees. For a room that offers the ultimate in luxury at this hotel, consider the Presidential Suite, which offers a full kitchen, premium technology, and jaw-dropping panoramic views of the Atlantic Ocean.

You can book a more budget-friendly hotel stay at Miramar Hotel. Overlooking a lagoon, Miramar Hotel is a short walk from the Puerto Rico Convention Center, San Juan Marina, restaurants, shops, and nightlife. Each room offers a mini-refrigerator, microwave, and free WiFi. A standard hotel room starts at $115 per night. Deluxe hotel rooms with ocean views go for $145 and up.

Alternatively, Courtyard by Marriott San Juan Miramar offers a hotel stay at an affordable price in the heart of Miramar, just a mile from Condado Beach. The on-site Ariel Restaurant offers casual dining for brunch, lunch, and dinner. Each room comes with a refrigerator and hot drink facilities. The price of each hotel room starts at $212 per night.

Private Schools

The greater San Juan area has excellent private schools, with solid track records of graduates matriculating into mainland higher education institutions. All offer students a bilingual education.

There are plenty of educational opportunities in greater Santurce, including International Baccalaureate schools, Catholic schools, and traditional K-12 charter schools. Select institutions include the Gersh Academy for autistic learners in Ocean Park, and St. John’s School and the Robinson School in nearby Condado. St. John’s is frequently ranked as the best private school in Puerto Rico. Students from both institutions have gone on to Yale, Harvard, MIT, and more.

Act 60

Puerto Rico’s income tax laws make it extremely attractive to business owners and investors seeking to relocate to the island.

Act 60 allows Puerto Rico residents to pay zero taxes on passive income and allows relocated corporations or local companies to pay just 4% income tax.

PRelocate’s Real Estate Brokerage Services

If you’re looking to purchase or rent real estate in Miramar or other excellent places in Puerto Rico, PRelocate can help.

We’re a licensed PR real estate brokerage firm (license C-21696) with experience and extensive knowledge of the island’s market. Our helpful team is professional, responsive, friendly, and experienced. With both native English- and Spanish-speaking staff, we make it easy to break down any language barriers you might encounter.

Buy or Rent Sell

We can save you time and effort by helping you find the right Puerto Rico property quickly and easily.

In the meantime, feel free to browse current real estate rental and for sale listings.

For more information on real estate and to learn how to benefit from Act 60, contact PRelocate today.

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.