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Condos For Sale In Bayamon, PR
With proximity to beaches and everything San Juan offers, plentiful shopping and dining, sports and cultural recreation, and a blended metropolitan and suburban atmosphere, Bayamón condos for sale offer great value for your money. Whether you're a first-time buyer trying to enter the Puerto Rico real estate market or a seasoned real estate investor looking for a profitable Caribbean retreat, buying condos in Bayamón is an attractive proposition.
Bayamón, PR Condos For Sale
Bayamón is Puerto Rico's second-largest municipality and a traditional San Juan suburb, which makes the condos for sale in Bayamón a consistently popular real estate investment on the northern coast of Puerto Rico. Prices in the area have remained relatively stable over the years, so Bayamón condos are also a reliable investment long-term.
The median value of Bayamón real estate is currently $140.2K, quite affordable considering the national median home value is $428K. Listings of single-family homes, townhomes, multifamily properties, apartments, and condos in Bayamón are all included in this median value.
Now, if you’re a buyer looking for Puerto Rico condos, the Bayamón units offer both cost-effectiveness and comfortable living. Prices in the area rarely exceed the $200K mark; they typically range between $62K and $150K. And we’re talking about three-bedroom condos here.
In Bayamón, Puerto Rico, condo units typically have access to family-friendly amenities such as swimming pools, gyms, and playgrounds. They are often close to parks, green spaces, sports complexes, and convenient shopping. The proximity to San Juan is another major selling point.
As a suburban enclave, most condos available in Bayamón are traditional units perfect for families and retirees seeking affordability overall. For luxury, new construction, Contemporary-designed, and oceanfront condos for sale, buyers with more purchasing power head to San Juan, Dorado, Santurce, and other premium condo markets along the northern coast of Puerto Rico.
Bayamón, PR, Condo Sampler
Condominio Riverside Plaza
The condos for sale in Riverside Plaza are modest two or three-bedroom units with over 1,000 square feet of living space priced between $100K and $150K. Typical features of the units include a balcony, in-unit laundry area, and patio.
The complex offers potential condo buyers amenities such as a children's playground, community swimming pool, basketball court, and recreational area with gazebos. Residents also count on security 24/7.
The complex offers potential condo buyers amenities such as a children’s playground, community swimming pool, basketball court, and recreational area with gazebos. Residents also count with security 24/7.
Condominio Paseo Mónaco
The family-friendly condo community of Paseo Mónaco was constructed CIRCA 2001 and it’s one of the best spots to purchase condos for sale in Bayamón. This condominium complex consists of 220 condos just 30 minutes away from San Juan, the Luis Muñoz Marin International Airport, and the University of Puerto Rico. It is also just steps from Rexville Town Center, one of the top shopping malls in the city.
Paseo Mónaco is the answer for condo buyers in search of comfortably suburban low-rise condos for sale. The units are exceptionally well-kept and come in two and three bedroom models of between 1,000 and 1,300 square feet.
This condominium complex consists of 220 condos just 30 minutes away from San Juan, the Luis Muñoz Marin International Airport, and the University of Puerto Rico. It is also just steps from Rexville Town Center, one of the top shopping malls in the city.
Chalets De Bayamón
If something defines the condo community Chalets de Bayamón is its prime location. Situated right in the heart of Bayamón Pueblo, this complex offers proximity to countless amenities and recreation, including parks, shopping malls and plazas, sports complexes, civic buildings, and even hospitals.
The Bayamón condos for sale in this community are primarily three-bedroom, two-bathroom units of around 1,200 square feet, perfect for growing families looking for suburban comfort. Amenities include a swimming pool, a gazebo, a playground for children, and security. The units are in low-rise buildings and equipped with a laundry area.
Distances To Other Cities From Bayamón, PR
- 9 kilometers to Guaynabo
- 15 kilometers to Toa Alta
- 14 kilometers to Toa Baja
- 31 kilometers to Carolina
- 39 kilometers to Caguas
- 70 kilometers to Arecibo
- 107 kilometers to Vieques
Bayamón, PR Condo Amenities
Bayamón condos are a hot commodity if you're looking for a great place to live or invest in rentals in the Caribbean. Whether you want access to world-class beaches and entertainment or the convenience of living close to San Juan's bustling cultural scene, condos for sale in Bayamón can deliver it all, plus a pleasant suburban/urban, family-friendly atmosphere.
You don't have to sacrifice amenities either – condos for sale in Bayamón feature everything from state-of-the-art fitness centers and swimming pools to lush outdoor greenspaces and gardens. Other amenities popular in Bayamón are:
- Children’s playgrounds
- Sports Courts
- Security and controlled access
- Recreational areas and gazebos
- Private, guarded parking spaces
Frequently Asked Questions About Bayamón, PR Condos For Sale
Where are most condos located in Bayamón, Puerto Rico?
Condo complexes in Bayamón tend to be more abundant in the northern part of the city, and buyers can find them in low, medium, and high-rises. Some of the best neighborhoods to purchase condos for sale in Bayamón include Bayamón Pueblo, Minillas, Cerro Gordo, and Hato Tejas.
Is Bayamón Walkable?
Bayamón is a sprawling suburban city, and its most walkable areas, like Bayamón Pueblo, Santa Cruz, and Vista Alegre, are situated in its northern, more urban portion, where condos for sale are also abundant. Bayamón has a walk score of 85 out of 100.
Can I buy a condo in Puerto Rico?
As Puerto Rico is an American commonwealth, U.S. citizens can purchase condos for sale on the island without any restrictions. Many buyers may wonder if they need an agent to make the process smoother and more secure.
Certainly, engaging with a bilingual real estate agent familiar with the local market can bring a lot of priceless knowledge and expertise to the table, which can vastly improve your chances of success.
What tax benefits does Puerto Rico offer?
Are you looking to purchase condos for sale where your tax burden is light? Puerto Rico might be the answer. With its available incentives, you could enjoy considerable tax savings, working and living part-time in Puerto Rico.
By becoming an official resident of Puerto Rico, you can access Act 20. According to this law, you get a 4% tax rate on profits from certain service businesses, among other economic benefits. There's also Act 22 that provides tax exemption on all interest, dividends, and capital gains made by someone who has become a bona fide resident of Puerto Rico.
How long do you have to live in Puerto Rico to be a tax resident?
To take advantage of tax exemptions, you must become a 'bona fide resident' of Puerto Rico. If you want to reap the benefits of this program, stay in Puerto Rico for at least 183 days (around six months) each year and fill out all required I.R.S. forms, such as Form 8898.
Additionally, you must request a tax-exemption decree from the Secretary of Economic Development & Commerce in Puerto Rico. As an individual investor living in Puerto Rico, this tax decree is a legally binding contract between you and the local government. Nevertheless, the most critical element is to relocate to Puerto Rico permanently.
What is the new condominium law in Puerto Rico?
Former Puerto Rico Governor Wanda Vázquez Garced signed Act 129-2020, the Puerto Rico Condominium Act, into law. This new act replaces the obsolete rules outlined in the outdated Act 104-1958 and creates a more organized and structured environment for those living within these condominiums.
The new law states that the deed of the Horizontal Property Regime must accurately depict the destination and usage of any area included in the property unless the law says otherwise. After a destination and purpose have been agreed upon, they can only be altered with the approval of two-thirds of all owners.
How far is Bayamón from the beach?
Bayamón condos for sale are just a short drive from some of the most gorgeous beaches in Puerto Rico. Keep reading for details:
- 16 kilometers to Condado Beach
- 17 kilometers to Balneario El Escambrón
- 18 kilometers to Ocean Park Beach
- 20 kilometers to Isla Verde Beach
Living In Bayamón, PR
Museums and Cultural Attractions in Bayamón, Puerto Rico
Bayamón is much more than condos for sale - it also offers a wealth of vibrant culture and attractions to explore. Uncover some of the city's greatest cultural activities below:
Museum of Art of Bayamón
Situated in Bayamón’s Parque de las Ciencias, this facility is devoted to both the sciences and arts, making it a great space for education and recreation. The museum offers a permanent collection, as well as exhibitions that change periodically.
Museo De Arte Francisco Oller (MAFO)
Located in a building from 1917, this is one of the best-known art museums of Bayamón. Spread out across two stories, the museum harbors seven exhibition halls as well as an inner courtyard used for educational events and activities.
Casa Museo José Celso Barbosa
Part of the National Register of Historic Places since 1984, this house-museum is the birthplace of José Celso Barbosa, who made history as the first Puerto Rican, and one of the first individuals with African roots to achieve a medical degree in the United States of America.
Sports Facilities in Bayamón, Puerto Rico
One of the best features of condos for sale in Bayamón is the amazing sports facilities around the city. You can find quality stadiums and arenas for soccer, basketball, baseball, and more. If you're a sports enthusiast, Bayamón has an array of options, including the following:
Rubén Rodríguez Coliseum
Coliseo Rubén Rodríguez is one of the top entertainment venues in Puerto Rico, hosting a variety of events ranging from concerts to boxing matches. This coliseum can accommodate 12,000 spectators and has hosted basketball and volleyball games, wrestling and kickboxing matches, and more.
Bayamón Soccer Complex
If you love soccer and purchase one of the condos for sale in Bayamón, check out this soccer complex. It encompasses two fields with a capacity for 1,000 people and hosts youth and adult recreational soccer matches.
Juan Ramón Loubriel Stadium
Considered the mecca of Puerto Rican football, this stadium can accommodate up to 12,500 individuals, and it's the home of the Bayamón FC and the Liga Puerto Rico (LPR).
La Sebastiana Parque Ecuestre
El Parque Ecuestre La Sebastiana is a horse lover's dream near the Bayamón condos for sale. Here you can learn the fundamentals of horse riding and care practices related to these majestic animals. An ideal location for equestrian activities, this setting offers programs and classes tailored to children, young adults, and grown-ups.
Shopping in Bayamón, Puerto Rico
If you're in the market for condos for sale in Bayamón, the shopping malls in the city are a shopper's paradise. With a well-known reputation for having some of the best shops and stores in Puerto Rico, you'll find what you need in these malls; from clothes and electronics to groceries and home items. Plus, they have many restaurants perfect for dinner with friends or family. Keep reading for more details.
Plaza Río Hondo
Situated in northern Bayamón, this shopping plaza is a prime shopping destination for savvy locals and visitors alike. Here, shoppers can find a huge selection of fashion boutiques, electronics stores, and plenty of other retailers to meet all their shopping needs.
Plaza del Sol
For a one-stop shop, you should check out Plaza del Sol. Located not far from most condos for sale in Bayamón, it's the perfect mall to find all of your essentials. With more than 50 stores and services, you can find everything from clothing outlets and grocery stores to entertainment venues like cinemas and more.