Bargain Hunters Are Eyeing Puerto Rico

Bargain Hunters Are Eyeing Puerto Rico


Puerto Rico price bargains

It’s understandable that if a man has just drained the tanks by masturbating, this individual may have difficulty obtaining orgasm with a spouse straight tadalafil professional away – at least for several hours. Kidneys are bean shaped organ found in browse for source now generic viagra on line human body. A hyperactive of the thyroid gland – it’s a trouble for those individuals to have long erections in addition to generic tadalafil tablets affecting the picture you have of yourself, being obese affects your ability to get hard state of male reproductive organ. generic levitra online That is why it is always suggested to select organic ones than artificial ones.

© krisanapong detraphiphat – Moment/Getty Images

Puerto Rico continues to recover from a devastating hurricane last year that blanketed the island with a wave of destruction. But while the aftermath of Hurricane Maria still lingers, Americans are reportedly showing an increasing interest in buying properties on the island. The number of online searches for Puerto Rican homes for sale is peaking since Maria’s impact and a growing number of potential buyers from the U.S. say they’re looking to purchase low-priced homes in Puerto Rico within a year, according to an analysis by Point2 Homes.

Bargains abound for homes on the island. Property values in Puerto Rico are now worth nearly half of what they were eight years ago—a median of $224,000 in 2010 vs. $116,750 in 2018. A recession prior to the hurricane had caused property values to plummet and home prices have fallen by another 15 percent since Hurricane Maria struck, according to Point2 Homes.

The damage caused by Hurricane Maria is estimated at around $90 billion—$37 billion of which was destruction of homes. More than 470,000 homes were damaged in the hurricane, and more than 16,000 residents are facing foreclosure.

Sixty percent of the people browsing for homes in Puerto Rico are considered “serious buyers,” according to Point2 Homes survey. Thirty-four percent said they want to get a feel for the prices there before they decide. The island is becoming a draw for Americans looking to invest in low-priced real estate. Twenty-nine percent of the online visitors to Point 2 Home’s Puerto Rico section said they plan to buy real estate in Puerto Rico within the next six months; 28 percent intend to buy within seven to 12 months; and 18 percent don’t have a timeline. Thirty-four percent of respondents said they plan to purchase a property between $101,000 and $200,000, followed by 26 percent who said their budget was between $51,000 and $100,000.

The motivations behind the interested buyers who want to buy properties in Puerto Rico were varied: investment opportunities (30%); vacation homes (22%); and family and friends who are already living there (39%). Seventy-eight percent of respondents said they were interested in purchasing a home on the island prior to Hurricane Maria.

Empire Appraisal Group

Empire Appraisal Group, Inc. has been helping clients make informed real estate decisions since 2005.   We are the leading residential appraisal company in Broward County.  We provide accurate and reliable appraisals, excellent customer service, and quick turnaround times.  When working with an appraisal company, integrity and professionalism are essential, and Empire Appraisal Group has a well-established reputation for providing the best appraisal experience.  Daniel Lindeman, the Chief Appraiser, is one of the top property appraisers in Florida, with over 15 years of expertise and over 8,000 appraisals to his credit.

We specialize in helping people who need residential appraisals for listing purposes, divorce, estates, trusts, bankruptcy, and more.

In addition, to homes of all shapes and sizes, we also appraise condos, townhomes, multifamily homes, boat docks, vacant land, as well as specialty properties. No job is too big or too small, from manufactured homes to mansions.

Call Empire Appraisal Group directly with any questions concerning your real estate values at 561-441-9298.  Also, check out our ‘Reviews’ page and see what others are saying about Daniel Lindeman and Empire Appraisal Group, Inc

We provide residential appraisal services to all cities in Broward County.

Parkland, Coral SpringsCoconut Creek, Dania Beach, Cooper City, Davie, Deerfield Beach, Fort Lauderdale, Sunrise, Hallandale Beach, Hillsboro Beach, Hollywood, Lauderdale by the Sea, Lauderdale Lakes, Lauderhill, Lighthouse Point, Margate, Miramar, North Lauderdale, Oakland Park, Pembroke Pines, Plantation, Pompano Beach, Sea Ranch Lakes, Tamarac, Weston, Wilton Manors

Leave a comment

This site uses Akismet to reduce spam. Learn how your comment data is processed.