Buying Foreclosed Properties in Puerto Rico: A Guide to Auctions

Are you considering participating in the property auction process overseen by the Court in Puerto Rico? Here, we address some common questions to assist you in navigating this process effectively.

1. What is an auction in the foreclosure process?

In Puerto Rico, the foreclosure process initiates when a property owner with a mortgage ceases making monthly payments. The law in Puerto Rico outlines a procedure for executing and publicly auctioning a mortgage lien used as collateral for a loan granted by a mortgage creditor. During this process, any eligible bidder can vie for the property.

The winning bidder assumes responsibility for any liens or encumbrances affecting the property they acquire. Should no one emerge victorious in the auction, the property becomes the possession of the mortgagee as an involuntary acquirer.

2. Can I visit the property before the auction?

Access to the property's interior before the auction isn't feasible. Properties bought through the auction process are sold in their existing "as is" physical condition.

Prospective buyers can estimate repair or improvement costs from a distance. However, entering the property or disturbing its occupants could be considered criminal behavior in Puerto Rico, as these properties are not under the ownership of the mortgagee.

3. Can I use financing to acquire the property?

No, according to Rule of Civil Procedure 51.7. The winning bidder is required to pay in cash or with a certified check made payable to the assigned officer overseeing the sale. Bidders should acquaint themselves with the process and requirements beforehand and arrive prepared on the auction day.

4. What is the difference between a court auction and a private sale?

Several distinctions exist between a court auction sale and a private sale. Due to the public nature of auctioned property sales, bidders do not receive precise or comprehensive information about the property's current condition, unlike in a private sale. Bidders are encouraged to seek out information independently, often through available online resources.

5. What does it mean that the property is sold "as is"?

Properties sold at public auction are acquired in their current state, "as is." This implies that the winning bidder accepts the property regardless of its condition, known or unknown issues, and assumes responsibility for all repairs, inspections, charges, defects, permits, or any other matters related to the property.

6. What is the difference between the Minimum Rate and the Bank Tender?

The Minimum Rate signifies the value of the mortgaged property agreed upon by the parties at the loan's inception. This figure establishes the minimum value for the property's initial auction in a foreclosure scenario. The Bank's Bid, on the other hand, indicates the minimum value the bank would bid, supporting its judgment, during the auction. Both figures serve as benchmarks in the auction process.

7. Who determines the winning bidder in the auction?

The responsibility of selecting the winning bidder rests solely with the Court officer overseeing the auction process. Neither the bank nor its affiliates are involved in selecting the winning bidder or managing the process.

Choosing the Perfect Stay on Vieques Island, Puerto Rico while House Hunting

The Perfect Stay on Vieques Island while House Hunting

Are you considering purchasing a slice of paradise on Vieques, Puerto Rico, but need a comfortable place to stay during your property search? Look no further! Vieques offers a range of accommodation options, from boutique hotels to charming Airbnb properties, each providing a unique experience that can enhance your understanding of the island's diverse neighborhoods and lifestyles.

Hotels: Experience Comfort Amidst Serene Surroundings

1. El Blok

Located in the heart of Esperanza, El Blok offers sleek, modern architecture coupled with breathtaking ocean views. Its avant-garde design blends seamlessly with the island's natural beauty. Guests can enjoy fine dining at the on-site restaurant, which showcases local flavors. Book here.

2. Blue Horizon

Nestled on a cliff overlooking the Caribbean Sea, Blue Horizon exudes tranquility. Its spacious rooms and balconies provide panoramic vistas. The gardens and infinity pool offer a relaxing atmosphere. Book here.

3. Hacienda Tamarindo

A historic structure turned boutique hotel, Hacienda Tamarindo exudes old-world Caribbean charm and elegance. Surrounded by tropical gardens, this enchanting property offers a serene ambiance and personalized service. Book here.

4. Finca La Victoria

Experience Vieques' rural charm at Finca La Victoria, a peaceful Ayurvedic Boutique Hotel & Retreat Center set amidst lush landscapes. This eco-friendly hotel offers unique yet comfortable accommodations in a tranquil setting. Book here.

5. Hix Island House

For those seeking a unique stay, Hix Island House provides brutalist minimalism luxury amid nature. Its sustainable design and secluded location create an eco-conscious haven for relaxation. Book here.

6. Malecon House

Situated steps away from the Malecón in Isabel Segunda, Malecon House offers a blend of modern comfort and island charm. Its central location provides easy access to local shops and restaurants. Book here.

7. Coco Loco

A guesthouse in Esperanza offering cozy rooms and close access to the restaurants and scene along the Malecon. Relax in a hammock and savor the island vibe. Book here.

8. Villa Coral

Introducing Villa Coral, a popular guesthouse that embodies peace and seclusion. Nestled at the top of Esperanza, Villa Coral offers unparalleled ocean views and a serene ambiance. Notably, Villa Coral is currently available for sale, with Paraiso Realty as the broker. Book reservations here or consider making it your new home by perusing the Paraiso Realty listing for Villa Coral by clicking here.

Airbnb: Living Like a Local

Exploring Vieques Beyond Property Hunting.

While in Vieques, take advantage of the opportunity to explore its natural wonders. If you haven't already experienced the awe-inspiring Bioluminescent Bay (Bio Bay), make sure to secure reservations in advance. These tours often sell out due to high demand, offering an unforgettable encounter with nature's luminescent marvels.

Whether you prefer the comfort of a boutique hotel, the immersion of an Airbnb in a local neighborhood, or the potential of owning a stunning property like Villa Coral, Vieques accommodates every taste, ensuring that your stay is as memorable as your property hunting experience.

While Paraiso Realty does not handle rentals, we do have a number of past clients that are now renting out their homes. Some are on Airbnb, and some are renting via their own websites. Click here to check out our recommended short term rental properties om Vieques.

Make your Vieques property search an unforgettable journey by choosing the perfect stay that resonates with your lifestyle and aspirations. Your dream home or luxury villa awaits in this Caribbean paradise! Please note that availability may vary, and it's advisable to book your accommodations in advance to secure your preferred choice.

Explore the possibilities and make the most of your Vieques adventure!

Disclaimer: The descriptions and availability of accommodations were accurate at the time of writing and are subject to change. Please visit the respective websites for the most up-to-date information and bookings.

Investing in Puerto Rico's Opportunity Zones

Puerto Rico, often described as a tropical paradise, is now emerging as a prime destination for investors looking to capitalize on Opportunity Zones. With 98% of the island designated as Opportunity Zones, Puerto Rico is uniquely positioned to attract capital investment and foster economic growth. With many readers if there are any Opportunity Zones in Puerto Rico, we'll try to answer which parts of Puerto Rico qualify, and how normal investors can take advantage of this exciting opportunity.

Puerto Rico is currently on an upward trajectory, with the local government and federal agencies committed to revitalizing the island. Over the past few years, the island has faced hurricanes, earthquakes, and the COVID-19 pandemic. In response, Congress has allocated a significant budget of $63.7 billion for recovery efforts in Puerto Rico. Approximately $17.8 billion has been dispersed, leaving ample funding for ongoing development projects. This commitment ensures a steady flow of investment, construction, and development on the island, making it an attractive prospect for Opportunity Zone investors.

One of Puerto Rico's strengths lies in the biosciences sector. The island leads the United States in pharmaceutical exports, with a significant presence of multinational pharmaceutical and medical device companies. Recent expansion projects, such as those by Medtronic, Boehringer Ingelheim, Romark Global Pharma, CooperVision, and GlaxoSmithKline, have injected substantial investments into the sector. With a streamlined FDA approval process for pharmaceutical and medical device manufacturing companies, Puerto Rico is well-positioned to play a crucial role in reshoring discussions related to healthcare and medical supply chains. This not only reflects the island's growth but also indirectly benefits other real estate projects and property values, including those financed by Qualified Opportunity Funds.

The Puerto Rican government has passed legislation to complement Opportunity Zone incentives, making it even more enticing for investors. These incentives include a flat income tax rate of 18.5%, 100% tax exemption for dividends, exemptions for property taxes, and an investment credit. These local incentives stack on top of the federal Opportunity Zone benefits, creating a favorable environment for investors. Furthermore, the Department of Economic Development and Commerce launched the Single Business Portal, which allows interested parties to apply as priority projects in Opportunity Zones. Since the election of Governor Pedro Pierluisi, a corporate attorney with experience in securing stimulus funds and supporting a 12-point plan to make the entire island an Opportunity Zone, suggests that the local government is committed to attracting investment.

Unlike other states and territories, which can only designate up to 25% of their low-income census tracts as Opportunity Zones, Puerto Rico has secured this designation for 100% of its tracts. This unrestricted designation allows Opportunity Zone projects on the island to strategically position themselves near other major developments, leveraging proximity for success. Areas like the Ponce de Leon Avenue corridor in Santurce, once suffering from urban decay, have experienced significant growth and investment. Opportunity Zone incentives are adding to this momentum, attracting over $600 million in investments. A prime example of Opportunity Zone success in Puerto Rico is the San Jose Tower, a distressed asset transformed into a thriving space with contributions from Qualified Opportunity Funds.

Investors should look beyond traditional areas like affordable housing and government-sponsored projects. Opportunities abound in sectors like residential, hospitality, tourism, and renewable energy. The reduced number of developers following natural disasters and the pandemic creates a ripe environment for investment. These sectors offer diverse opportunities for investors and are worth exploring.

Puerto Rico's Opportunity Zones are a unique and promising investment opportunity. With significant funding, a strong pharmaceutical presence, local incentives, and a business-friendly administration, the island is poised for substantial growth. The flexibility of 100% Opportunity Zone designation opens the door to strategic investments, and Puerto Rico's recovery and development journey make it an appealing prospect for normal investors. As the island continues its renaissance, taking advantage of Opportunity Zones in Puerto Rico is an opportunity that should not be missed.

If you are looking to take advantage of the Opportunity Zones in Puerto Rico, and need some land on which to start, we recommend checking out the parcels that Paraiso Realty has for sale. You can see them by clicking on the image below, or by clicking the link here.

Proposed New Law for Mandatory Structural Inspections in Puerto Rico

Joint Resolution 16-2022 of the House of Representatives in Puerto Rico proposes a significant change in the structural inspection and certification process for buildings, including condominiums. This resolution aims to ensure the structural safety of buildings larger than 2,000 square feet by requiring inspections every three years. While the resolution's intent is to enhance safety, it raises concerns about the financial burden this requirement may place on condo owners.

Condo owners' councils typically operate on tight budgets, primarily allocated for recurring expenses. The mandatory inspections, which include initial inspection costs and potential structural repairs, pose a substantial financial challenge. Condominiums must identify funding sources or impose fees on owners to meet these expenses. One suggested approach to generate necessary funds is to reduce annual commercial property insurance premiums.

A viable option is to insure only the "bare walls, bare ceilings, and bare floors" of the common elements, excluding the value of private elements owned by individuals. This can significantly reduce insurance costs.

While this has only just been proposed, it will be interesting to see if it becomes law. To read more about this in Spanish, click here to read an El Vocero newspaper article on the topic.

If you are shopping for a condo in San Juan, Puerto Rico, Paraiso Realty has a great Sub-Penthouse for sale on Taft Street, only two blocks from the beach and even closer to great restaurants. Click on the image below for more info this property:

How do I buy Real Estate in Puerto Rico?

What are the ins and outs of buying Real Estate in Puerto Rico?

Puerto Rico, known for its breathtaking beaches and pleasant climate, beckons international buyers with the allure of Caribbean living. As a U.S. Commonwealth, Puerto Rico offers unique advantages, including tax benefits and an open market for property acquisition in a unique part of the United States. In this guide, we'll take you through the practical steps and considerations for purchasing real estate in Puerto Rico, shedding light on essential information you need to navigate the process, including the use of an Option Agreement instead of a traditional Purchase Agreement and the role of a closing Notary who is also a lawyer, representing both the buyer and seller.

How to Buy Real Estate in Puerto Rico

1.   Engage a Local Real Estate Agent:

·       Start your journey by securing a knowledgeable local real estate agent. Their expertise will be invaluable in guiding you through the local market and the intricacies of property acquisition. At Paraiso Realty, there are a number of markets where we can help. In those we unfamiliar, we have connections with other agents who are specialized in those geographic areas.

·       It's advantageous to find an agent who is fluent in both Spanish and English to ensure effective communication throughout the transaction.

2.   Property Search and Negotiation:

• Rely on your agent to identify properties that match your preferences and budget.

• Once you've found a suitable property, your agent will assist in negotiating the terms of the purchase.

3.   Option Agreement:

• In Puerto Rico, rather than a traditional Purchase Agreement, an Option Agreement is commonly used as a preliminary step towards closing.

• The Option Agreement grants the buyer the exclusive right to purchase the property within a specified period, typically 60 to 90 days, at an agreed-upon price.

• During this period, the buyer pays a fee, known as the option fee, to the seller to secure the exclusive right to buy the property. This fee is non-refundable and is typically a small percentage of the property's purchase price.

• The Option Agreement allows the buyer time to conduct due diligence, secure financing, and prepare for the closing.

• The Option Agreement is an outline used by the closing Notary to write up the Deed for the closing.

4.   Inspection and Due Diligence:

• Before exercising the option to purchase, conduct a thorough inspection of the property, including both the property itself and any shared facilities.

• Verify the property's title and ownership history to ensure there are no legal issues.

5.   Financing Options:

• While cash purchases are an option, explore financing alternatives with a Puerto Rico based financial institution, or a home equity loan on your U.S. residence or line of credit.

• Be prepared for the necessary paperwork and consult with a lawyer to review your financing arrangement.

6.   Legal Assistance:

• Engaging a lawyer who is also a Notary and well-versed in Puerto Rican real estate law is advisable to protect your interests.

• The closing Notary represents both the buyer and seller at the closing, ensuring a smooth transition from the Option Agreement to the final purchase.

• Your lawyer/notary can assist in reviewing contracts, conducting title searches, and overseeing the legal aspects of the transaction.

7.   Property Registration:

• As in traditional purchases, all real estate titles must be recorded in the correct subsection of the Registry of Property based on the property's location.

• Proper registration is crucial to prevent objections from Registry officials.

• The closing Notary handles the submission of the Deed to the Registry officials, and keeps all original copies of the Deed in their files.

8.   Corporate Route (Optional):

• If desired, you can acquire property through a corporation.

• This process involves specific steps and additional costs, including Corporate Resolution and Internal Revenue Stamps.

• The closing Notary can often help with the creation of such entities, as well as any Corporate Resolutions that might be needed for the closing.

• If buying with a corporation from the states, keep in mind the corporation should be registered to do business in Puerto Rico as well. Again, check with your closing Notary.

Understanding the costs associated with buying real estate in Puerto Rico is essential. Here are some key transaction costs to consider:

• Option Agreement Fee: The option fee paid to the seller, typically a small percentage of the property's purchase price, is non-refundable.

• Notary Fees: Notary fees apply at the final closing and are typically 1% of the property value for the first $500,000 and 0.5% for any amount exceeding $500,000.

• Registration and Filing Fees: Various fees must be paid to different offices, including the Municipal Revenues Collection Center (CRIM), Treasury Department, and Registry of Property.

• Attorney's/Notary's Fees: Fees may vary depending on location and transaction complexity, with most lawyers/notaries charging a percentage of the selling price, typically around 1% of the sales price.

Purchasing real estate in Puerto Rico offers a wealth of benefits, from favorable tax advantages to access to beautiful beachfront properties. By following the steps outlined in this guide and understanding the use of an Option Agreement as the initial contract, along with the crucial role of a closing Notary who is also a lawyer, you can confidently navigate the process of buying property in Puerto Rico.

Engaging with local experts, conducting thorough due diligence, and seeking legal assistance from a qualified lawyer/notary are key elements of a successful real estate transaction on this beautiful Caribbean island. Whether you're seeking a vacation home, an investment property, or a permanent residence, Puerto Rico provides a diverse range of opportunities for buyers eager to embrace the Caribbean lifestyle.

The Appeal of Micro-Mobility in San Juan Neighborhoods

In the vibrant cityscape of San Juan, Puerto Rico, a transformative trend is reshaping the way residents live, commute, and invest in real estate. The rise of micro-mobility options, including electric scooters, bike-sharing programs, and electric skateboards, is revolutionizing urban living. As a prospective real estate buyer, here’s why you should consider the neighborhoods of Old San Juan, Condado, Miramar, and Rio Piedras, where micro-mobility options are readily available, as an asset to both your lifestyle and investment.

The Micro-Mobility Revolution: A Game-Changer for Urban Living

Micro-mobility refers to the use of small, lightweight vehicles for short-distance trips within cities. These innovative transportation options have redefined the urban experience in San Juan. Here's why they matter to you:

1. Convenience and Efficiency: Micro-mobility options like electric scooters and bike-sharing programs offer a convenient and efficient way to navigate the city. Whether you're commuting to work, running errands, or exploring the city's vibrant neighborhoods, these modes of transportation provide a stress-free and eco-friendly alternative to traditional cars.

2. Reduced Environmental Impact: As environmentally conscious buyers, you'll appreciate the reduced carbon footprint associated with micro-mobility. By choosing these sustainable options, you contribute to a greener, cleaner San Juan, ensuring a more environmentally responsible lifestyle.

3. Freedom from Parking Woes: Imagine a life without the hassle of searching for parking spaces or worrying about parking fees. In neighborhoods with micro-mobility options, you can bid farewell to these concerns. With easy access to shared scooters and bikes, you'll find it easier to get around, all while reducing your reliance on personal vehicles.

Neighborhoods with Micro-Mobility: A Buyer's Paradise

Now, let's dive into why living in San Juan neighborhoods that embrace micro-mobility is an asset to both your lifestyle and investment:

1. Enhanced Quality of Life: When you choose a neighborhood with micro-mobility options, you're selecting a lifestyle that prioritizes convenience and well-being. These neighborhoods are designed for easy mobility, allowing you to explore your surroundings with ease. Whether you're strolling along the cobblestone streets of Old San Juan or enjoying the beachfront views in Condado, you'll experience a higher quality of life.

2. Lower Transportation Costs: Micro-mobility options can significantly reduce your transportation expenses. You'll spend less on fuel, maintenance, and parking, leaving you with more disposable income to enjoy the city's attractions, dining, and cultural experiences.

3. Investment Potential: Beyond the immediate lifestyle benefits, investing in real estate in neighborhoods with micro-mobility options is a wise decision. These areas are experiencing increased demand, which can lead to higher property values over time. As the city's infrastructure continues to adapt to accommodate micro-mobility, your investment stands to appreciate.

4. Access to Urban Amenities: Neighborhoods with micro-mobility options tend to be rich in urban amenities. You'll find a wide array of restaurants, cafes, shops, and cultural venues within easy reach. Whether you're seeking a morning coffee, a leisurely brunch, or an evening of entertainment, you'll have it all at your doorstep.

Choosing the Right Neighborhood

As you consider your options in San Juan, here are some neighborhoods where micro-mobility options are thriving:

1. Old San Juan: This historic gem is known for its charm, culture, and accessibility. Imagine exploring centuries-old forts, dining at waterfront restaurants, and meandering through colorful streets—all within reach using electric scooters or bikes.

2. Condado: With its beachfront location and a wealth of luxury properties, Condado is perfect for those seeking a resort-like lifestyle. Micro-mobility options make it easy to enjoy the beach, visit trendy boutiques, or dine in the area's upscale restaurants.

3. Miramar: This up-and-coming neighborhood offers a mix of historic charm and modern living. Micro-mobility options provide convenient access to the nearby Condado Lagoon, parks, and cultural attractions.

4. Rio Piedras: As a thriving university district, Rio Piedras combines a youthful energy with a rich cultural scene. With micro-mobility options, you can easily explore the campus, visit local markets, and discover hidden gems in this dynamic neighborhood.

5. Santurce: As the artistic heart of San Juan, Santurce is a vibrant neighborhood with a thriving arts scene. Micro-mobility options make it easy to explore art galleries, street murals, and the vibrant local culture.

6. Hato Rey: If you seek a bustling business district with excellent connectivity, Hato Rey is the place to be. Micro-mobility options enhance your access to the area's corporate offices, shopping centers, and dining establishments.

Embrace the Future of Urban Living

The rise of micro-mobility in San Juan's neighborhoods is a testament to the city's commitment to modern, sustainable urban living. As a real estate buyer, choosing a neighborhood with readily available micro-mobility options can enhance your quality of life, reduce your transportation costs, and position you for a smart investment. Explore the unique charm and convenience of San Juan's micro-mobility neighborhoods, and you'll unlock a new chapter in urban living that's both exciting and eco-conscious.

If you are interested in living in a San Juan neighborhood with access to micro-mobility, check out the two listings below that Paraiso Realty is currently selling in the Condado and Santurce neighborhoods. One is a sub-Penthouse on Calle Taft, and the other is a two bedroom on Calle Loiza. Click on the images below to see the details of each property:

Navigating Home Purchase with Prudent Contingencies in Puerto Rico

You've walked through the front door of your dream house in Puerto Rico – the sun-kissed beaches, vibrant culture, and lush landscapes have won you over. But before you dive into homeownership paradise, it's crucial to take a step back and consider the importance of contingencies in your Option Agreement. These are safeguards that protect both your interests and your investment as you embark on this exciting journey. In this blog, we'll explore the key contingencies you should negotiate into your Option Agreement when buying a house in Puerto Rico.

1. Home Inspection Contingency: Ensuring Your Investment The tropical beauty of Puerto Rico might be mesmerizing, but beneath the surface lies the need to ensure your prospective property is in excellent condition. A Home Inspection Contingency allows you to evaluate the property's state comprehensively. If unexpected issues arise during the inspection, you have the opportunity to negotiate repairs or, if necessary, withdraw from the deal without financial repercussions.

2. Financing Contingency: Safeguarding Your Purchase Life is unpredictable, and sometimes financing plans can be affected by unexpected changes. A Financing Contingency gives you the flexibility to exit the agreement if you're unable to secure suitable mortgage financing. This contingency shields you from potential financial strain and allows you to pursue homeownership with confidence.

3. Title Contingency: A Clear Path to Ownership Amidst the excitement, don't overlook the importance of a clear title. A Title Contingency ensures that there are no legal disputes or complications tied to the property's ownership. It's your shield against potential headaches down the road, providing a smooth transition to becoming a proud homeowner.

4. Sale of Current Home Contingency: Managing Transition Life transitions often involve a domino effect. If you need to sell your current home to finance your new one in Puerto Rico, a Sale of Current Home Contingency offers you security. It prevents you from being trapped with two properties and gives you the time needed to manage the transition effectively.

5. Homeowners Association (HOA) Contingency: Rules and Financial Security If your prospective Puerto Rican property is part of a homeowners association (HOA), don't rush into it blindly. The HOA Contingency allows you to review and agree to the association's rules and regulations before finalizing the purchase. Additionally, ensure the HOA has sufficient financial reserves for future repairs, preventing unexpected costs.

6. Insurance Contingency: Master Policies and Coverage In an HOA scenario, delve deeper into the realm of insurance. An Insurance Contingency gives you the chance to review the HOA's master policies and assess their coverage. Ensuring adequate protection aligns with your investment's security.

7. Septic/Water Contingency: Health and Functionality If your chosen property relies on a well or septic system, a Septic/Water Contingency is indispensable. This contingency allows for inspections to ensure these systems are functioning correctly. Avoid the risk of water-related complications that might dampen your homeownership experience.

8. Environmental Contingency: Preserving Value and Safety Nature's wonders are abundant in Puerto Rico, but sometimes they can lead to unexpected challenges. An Environmental Contingency shields you from potential environmental issues that could impact your property's value or safety. This is your chance to secure your investment against unforeseen natural circumstances.

In conclusion, purchasing a home in Puerto Rico is a thrilling adventure, but it's crucial to approach it with caution and foresight. Including well-negotiated contingencies in your Option Agreement is like weaving a safety net that cushions you from potential pitfalls. These contingencies grant you the freedom to make informed decisions and pursue your homeownership dream with peace of mind.

As you embark on this journey, remember that having a knowledgeable real estate agent by your side can make all the difference. At Paraiso Realty, we specialize in guiding individuals like you through the intricate process of home buying in Puerto Rico. Our expertise ensures that you're equipped with the necessary tools to navigate option agreements with confidence and achieve success in your real estate endeavors.

If you have any questions or uncertainties about contingencies, don't hesitate to reach out. Let's work together to turn your dream of owning a home in Puerto Rico into a reality. Your paradise awaits – let's make it yours, responsibly and thoughtfully.

Discovering Vieques: A Tropical Paradise of Adventures and Relaxation

A Tropical Paradise of Adventures and Relaxation

Vieques, Puerto Rico, offers a world of enchantment for visitors seeking both adventure and relaxation. To ensure you make the most of your island getaway, we've compiled a list of essential tips for an unforgettable experience.

1. BioBay Magic: Experience the mesmerizing BioBay, a bioluminescent wonder. Visit during moonless nights for the best glow. Best nights are 4 days before and after a New Moon. Leave your camera behind, as capturing its ethereal beauty can be challenging. Live in the moment and your mind will thank you.

2. Conquer Mount Pirata: Embark on a morning hike up Mount Pirata. The cooler shade and breathtaking views make the ascent more pleasant. Bring water, as the 987-foot elevation requires about 40 minutes to climb. Enjoy the new observation deck atop the peak, and bring binoculars if you have them.

3. Snorkeling Adventures: Dive into the crystal-clear waters around Vieques. Opt for the best snorkeling beaches, but never venture alone. Be cautious of strong currents, especially around the tip of Mosquito Pier. In the winter months there is a group that goes out snorkeling a few times of week. ask your favorite bartender for more info.

4. Beach Bliss: Vieques boasts splendid beaches. Discover the iconic Caracas, Sun Bay, and La Chiva beaches. If you crave solitude, explore the lesser-known ones for your private slice of paradise. When at the beach, leave nothing in your car and leave the car unlocked. Better safe than sorry.

5. Dining Delights: Make dinner reservations in advance to savor the island's culinary treasures. Especially during the busy Christmas week and Semana Santa, securing a table is a must. El Quenepo, Coqui Fire, Gonzo’s, Bili, Trade Winds & Taverna are especially prone to reservations during winter season.

6. Festive Cheer: Experience the magic of Christmas, New Year’s, Semana Santa and the Vieques Patronales. Immerse yourself in the vibrant celebrations that showcase Vieques' rich culture and traditions. July's Patronales party and Carnival Parade are not to be missed.

7. Rainy Season Wisdom: Be prepared for occasional rain showers, especially during September and October, the rainy season. You'll find great deals on airfare and hotels during this time – there's a reason for that.

Vieques promises an unforgettable getaway filled with natural wonders, cultural celebrations, and serene beaches. With these tips in mind, you're ready to embark on a remarkable journey of exploration and relaxation.

And remember, Vieques deserves more than a one-night stay. With so many restaurants, beaches, and activities, plan on staying at least 3 nights. You won't be sorry. There’s a good chance you'll even want to buy your future home here!

What is closing time for bars in San Juan, Puerto Rico?

San Juan, the vibrant capital of Puerto Rico, has long been celebrated for its lively nightlife, where revelers dance into the early hours of the morning along the picturesque streets of Old San Juan and other bustling neighborhoods. However, a recent shift is underway, as Mayor Miguel Romero signed a new municipal code that will restrict alcohol sales during specific hours, aiming to address concerns of safety and noise. This development has sparked debates and discussions within the community, igniting conversations about cultural preservation, economic impacts, and the future of San Juan's renowned nightlife.

For years, San Juan's culture has been synonymous with the idea that "anything goes." Its streets have teemed with locals and tourists alike, all seeking to immerse themselves in the city's vibrant atmosphere. While change can be daunting, it's essential to remember that even in the face of these new regulations, the heart of San Juan's culture remains intact. The spirit of celebration, music, and community will continue to thrive, albeit in a slightly different form.

Starting in November 2023, the new municipal code will govern alcohol sales in San Juan. Bars and restaurants can serve or sell alcohol from 6 a.m. to 1 a.m. on most days, with an extension until 2 a.m. on Fridays, Saturdays, and Sundays that precede a holiday. While these regulations might alter the typical late-night revelry, they are intended to foster a safer and more controlled environment for both residents and visitors.

The decision to implement these changes was driven by a desire to curtail violence and noise, creating a more harmonious coexistence between nightlife and residential areas. Recent incidents, such as the unfortunate fatalities and altercations, have highlighted the need for a more regulated environment. By enforcing these regulations, city officials aim to enhance the overall well-being of the community, ensuring that everyone can enjoy the vibrant city while feeling secure.

The new regulations have raised concerns among business owners, particularly those who operate bars and restaurants. Many worry that these changes will lead to decreased revenue, impacting an already fragile economy recovering from the challenges posed by the pandemic and natural disasters. However, Mayor Romero emphasizes that a stronger adherence to the code could bolster San Juan's economy and tourism sector over time.

Critics of the new regulations argue that they risk diluting Puerto Rico's distinct cultural identity—one that celebrates spontaneity, music, and communal joy. While change is inevitable, it's crucial to recognize that cultural traditions can adapt and evolve without losing their essence. San Juan's spirit of celebration will continue to shine through, albeit in a way that aligns with the changing times and growing concerns.

As San Juan prepares for this transformative shift, it's important to approach the changes with an open mind. Residents, business owners, and visitors alike must come together to find a delicate balance between preserving cherished traditions and ensuring the safety and well-being of the community. This is an opportunity to foster creative solutions, such as earlier start times for celebrations and the exploration of alternative entertainment options that don't rely solely on extended alcohol sales.

Is Single-Family zoning to blame for Puerto Rico's affordable housing shortage?

What is to blame for Puerto Rico's affordable housing shortage?

In the early 20th century, a seemingly innocuous concept took root in American cities, shaping neighborhoods and inadvertently setting the stage for the current severe housing shortage: single-family zoning laws. These zoning laws, originally intended to organize urban expansion and uphold the suburban dream of idyllic homes with porches and backyards, have evolved into a double-edged sword, both protecting and limiting opportunities for homeownership.

At its core, zoning is a straightforward concept: designate specific areas for different types of development. Factories in one zone, apartment buildings in another, and single-family homes in yet another. These regulations offered protection and maintained property values, all while fostering the charm of classic neighborhoods.

However, as time went on, these laws started to reveal their darker side. Critics argue that single-family zoning perpetuated social and racial segregation, closed doors to potential homeowners, and resulted in artificial scarcity and skyrocketing prices.

CNN recently tackled this issue with an interesting article. To read this article, click here.

With concern over unavailable affordable housing in Puerto Rico, could building more ADUs or changing the zoning law alleviate the issue? What are your thoughts?