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Homes For Sale In Caguas, PR
Known by locals as the "Heart and Center" of Puerto Rico for its location in the eastern central portion of the island, Caguas is a great spot to purchase affordable real estate in Puerto Rico. Caguas provides a scenic and safe rural landscape to grow a family or comfortably retire. Its countryside charm pairs with its convenient access to city amenities with a bonus of outdoor adventures in the surrounding mountains and rivers. Are you interested in Caguas homes for sale? Explore our listings to see if this city is the ideal fit for you.
More About Caguas, PR homes for sale
The city of Caguas occupies the area known as Turabo Valley, encircled by the hills and mountains of the Central Mountain Range of Puerto Rico, what locals call la cordillera central. The city (and municipality) is often perceived as low-key and pastoral but is well-served by family-centered amenities and conveniences. Caguas is also just 20 miles south of everything San Juan, the country's capital, has to offer.
Real estate options range from affordable starter homes to grand estates, with Caguas homes for sale changing hands for more than 50% less than the mainland average. Caguas is an excellent choice for buyers looking for affordable homes for sale in Puerto Rico, where it's possible to slow down and enjoy the beauty of Caribbean culture.
Caguas, Puerto Rico, Nearby Cities
- 8 kilometers to Gurabo, PR
- 14 kilometers to San Lorenzo, PR
- 23 kilometers to Guaynabo, PR
- 24 kilometers to Cayey, PR
- 27 kilometers to Trujillo Alto, PR
- 35 kilometers to San Juan, PR
Caguas, PR Homes For Sale
Caguas is one of the more traditional cities in Puerto Rico and is well-known for its rich cultural heritage and expansive historical and ecological sites. The Caguas real estate market is growing in demand among investors and first-time homebuyers, primarily due to its proximity to San Juan, diversity of properties, and wide selection of commercial and recreational amenities.
Caguas offers an unbeatable combination of urban convenience and rural/suburban charm with highly affordable prices. Homes for sale in Caguas come at a median listing price of $167.5K. So if you're looking for a great place to call home, Caguas certainly can't be overlooked.
This is a steal compared to the median listing home prices of other popular cities in Puerto Rico, like Guaynabo ($499K) and San Juan ($420K), especially considering those cities are under a half-an-hour ride from Caguas. With Caguas homes for sale running the gamut from starter houses priced around $100K to sprawling countryside mansions on acreage selling for $1.4M, the city has something for every homebuyer regardless of needs and budgets.
And remember that there's something for everyone here, and American citizens have no limitations on homeownership in Puerto Rico since the island is a U.S. Commonwealth and unincorporated territory. If you've found a bargain among the homes for sale in Caguas, that deal might not last long, so contact a local real estate agent ASAP.
Neighborhoods & Communities In Caguas, PR
Much like other cities across Puerto Rico, Caguas homes for sale are spread across barrios or neighborhoods. Homebuyers in Caguas have 11 distinct neighborhoods at their disposal.. Here are three of the best areas in Caguas we consider to be among the best to purchase homes for sale.
Hacienda San José
Hacienda San José is a vibrant neighborhood west of Caguas city center that offers plenty of options for prospective homeowners. Most homes for sale in Hacienda San José are large, suburban single-family homes with four or more bedrooms and 2,000 to 5,000 square feet of gorgeous living space. Caguas homes for sale in this exclusive neighborhood are high-value in the range between $300K and $900K.
One of the most noticeable features of Hacienda San José is its location on the western edge of the Jardín Botánico y Cultural William Miranda Marín. The neighborhood provides residents with plentiful amenities such as a local school, a children’s park, a lake and bird-watching area, tennis courts, and some delicious restaurants.
Urbanización Caguas Real
While this is not a neighborhood per se, Urbanización Caguas Real is one of the best places to purchase homes for sale in Caguas. We are talking about an exclusive closed-gated community offering premium single-family residences.
Properties in the community have up to three stories, four or more bedrooms, and upgraded finishes. Residents of this area also enjoy community amenities such as pools, soccer, and basketball courts, a children's park, an electricity plant, a water purifier, and security.
Urbanización Caguas Real is south of Caguas Pueblo, near the grounds of the Caguas Real Golf & Country Club and close to Villas De Caguas Real Golf & Country Club, offering residents and potential home buyers a unique lifestyle of luxury, convenience, and security.
Los Prados
Nestled just 10 minutes west of Caguas Pueblo lies Los Prados - an idyllic residential district beloved by home seekers in Puerto Rico. Most homes for sale in Los Prados are spacious single-family houses, and the median listing price in this area is $172.5K.
Homebuyers in Los Prados reap the benefits of being close to a wealth of recreational opportunities, such as the Jardín Botánico y Cultural William Miranda Marín and the Municipal Sports Complex Ingeniero Ángel O. Berríos Díaz. Enjoy pristine outdoor spaces with lush greenery and an array of sporting activities from your ideal home location.
Located only a few minutes away from the homes for sale is the Los Prados Shopping Center presents an array of grocery stores, pharmacies, and delicious eateries for the homeowners’ convenience.
Caguas, PR Schools
The Caguas real estate market is thriving, with many opportunities for families looking to call the city home. One major draw that Caguas offers to relocators is the education system. Publicschoolreview.com reports that Caguas is home to 32 public schools, providing education for a total of 8,877 students. The Puerto Rico Department of Education manages and operates all public schools in Caguas.
Despite the quality of public schooling in Caguas, its residents often register their children into 'colegios' - private schools they trust to provide a better education. The education system in Caguas, as well throughout Puerto Rico, primarily teaches students Spanish; however, English is also a core language taught to all learners. If you’re searching for Caguas homes for sale, here are some of the best schools to keep an eye out for:
Public Schools in Caguas, Puerto Rico
Pre-Kindergarten Institutions In Caguas
- Centro Infantil Esquilín Mangual
- Escuela Ecológica Niños Uniendo al Mundo
Elementary & Middle Schools In Caguas
- Diego Vázquez Elementary School
- Pepita Arenas Elementary School
- Escuela Elemental Luis Muñoz Rivera
- Escuela Felipe Rivera Centeno
- Escuela Intermedia Haydée Caballero
- Escuela Intermedia Nicolás Aguayo Aldea
High Schools In Caguas
- Eloisa Pascual High School
- Escuela Superior Manuela Toro Morice
- Escuela Superior José Gautier Benítez
Private Schools in Caguas, Puerto Rico
- Little Harvard Bilingual School
- Colegio Católico Notre Dame
- Caguas Private School
- Thomas Alva Edison School
Colleges & Universities in Caguas, Puerto Rico
- Universidad Interamericana - Centro Universitario Caguas
- NUC University - Recinto de Caguas
- Columbia Central University - Recinto de Caguas
Frequently Asked Questions About Caguas, PR Homes For Sale
What Is The Zip Code For Caguas, Puerto Rico?
Caguas homes for sale are organized in three residential zip codes: 00725, 00726, and 00727.
Where Is The Nearest Commercial Airport In Caguas?
Nestled only 25 kilometers away, a mere 30-minute drive from the homes for sale in Caguas, lies Luis Muñoz Marin International Airport (SJU). The ideal airport location provides hassle-free access to travelers and locals alike.
Is Puerto Rico Part Of The U.S.?
The relationship between the U.S. and Puerto Rico is complicated. Puerto Rico is not a state but an unincorporated territory of the United States, meaning that while its residents are U.S. citizens, they don't get to vote in presidential elections and lack certain congressional voting rights.
Puerto Ricans have their own government that makes certain key decisions about the island's daily operations. Still, in areas such as foreign policy, defense, currency, and immigration, it must follow the U.S.'s lead.
Despite this unique arrangement and varying opinions from both sides as to its role within its relationship with the U.S., one thing remains true: Although Puerto Rico is not officially a state, it has been an integral part of America's culture and continues to be strongly bounded by economic links.
Is It Expensive To Buy A House For Sale In Caguas, Puerto Rico?
Homes for sale in Caguas offer an array of choices, from economical (under $80K) to luxurious (over $800K). The price of a property is determined by its location, size, and amenities both inside it and in the surrounding region.
With an average list price of $167.5K, the homes for sale in Caguas are a great investment opportunity. Popular neighborhoods for homebuyers in Caguas include:
- Hacienda San José
- Los Prados
- Bairoa
- Villa Blanca
- Caguas Norte
- Caguas Pueblo-Barrio
As An American, Can I Get A Loan To Buy A Home For Sale In Puerto Rico?
Obtaining financing to acquire a property in Puerto Rico is straightforward, regardless of whether you are looking for condos for sale in San Juan or Caguas homes for sale.
If you're in Puerto Rico, obtaining financing is as easy as completing a prequalification or preapproval process with one of the local lending companies. It's similar to securing a loan from the United States.
As a U.S. territory, Puerto Rico is eligible for numerous government-backed loan programs such as Fannie Mae Loans, Federal Housing Administration (FHA) loans, Veterans Affairs (V.A.) loans, and Rural Development Loans that can help make home ownership more affordable and accessible to its residents.
Banks and other financial institutions will evaluate your proposed property purchase to determine whether they will extend credit. If you're looking to purchase a new home, depending on what it's being used for - primary residence, second home or vacation retreat, or investment property - your loan eligibility could range from 75% to 100%.
Do Homeowners Pay Property Taxes In Puerto Rico?
Property owners in Caguas can expect to pay an annual property tax on their homes yearly. Depending on your property's location, you could owe taxes between 8.03% and 11.83%.
Computing property taxes is determined by values that have been static since 1957-1958, the last time an official appraisal was conducted. The Municipal Collection Revenue Center (CRIM) is the governmental agency entrusted with collecting property taxes on the island.
Why Is Moving To San Juan, Puerto Rico, Good For Taxes?
Due to its alluring tax incentives, Puerto Rico has been an enticing opportunity for entrepreneurs and investors. If you're moving to Caguas homes for sale to grow your business, the United States offers a sought-after program known as Act 20.
This program offers businesses the opportunity to relocate their operations to Puerto Rico and reap the rewards of an astonishing 4% corporate tax rate and complete exoneration from any profits generated from distributions.
For the wealthy, Puerto Rico's Act 22 presents an appealing opportunity. By becoming a bona fide resident of this Caribbean island, you can obtain tax exemptions on income from dividends, interest, and capital gains — giving your wealth maximum potential for growth.
Living In Caguas, PR
Cost Of Living in Caguas, Puerto Rico
According to the Economic Research Institute's cost of living calculator, Caguas is an economical choice compared to other areas on the island as it is 4% cheaper. Not only that, but its affordability surpasses most cities in the United States by 6%. The average Caguas home earns a yearly income of approximately $32,372.
Out of all the expenses incurred in the city, food is undeniably one of the most substantial. Eating out at restaurants and grocery shopping are financial obligations that must be budgeted. But, the good news is that Caguas residents will pay significantly less on housing (the median listing price of $167.5K), commuting costs, and healthcare services.
Weather in Caguas, Puerto Rico
Nestled in the northeast corner of Puerto Rico, Caguas enjoys a pleasant Tropical monsoon climate that offers its inhabitants warm temperatures throughout the year. Being situated to the east of Puerto Rico, Caguas boasts a year-round temperate climate. With daily highs ranging from a delightful 29°C (84°F) to an intense 41°C (105°F), you can experience sunshine and warmth regardless of the season.
During the summer, temperatures tend to be higher than usual and more humid, with sporadic rain showers that bring a soothing chill throughout the day. In sum, the homes for sale in Caguas are always surrounded by an abundance of sunshine, no matter the season.
Caguas is a great place for anyone looking for a pleasant home but it has risks. Hurricanes are unfortunately common in Caguas. If you plan on buying a Caguas home for sale, knowing how hurricanes usually develop and how to prepare can make all the difference, especially since Caguas can all too often be in their path. Puerto Rico's annual hurricane season runs from June 1st through November 30th.
Healthcare in Caguas, Puerto Rico
Residents of Caguas, Puerto Rico are privileged to have access to an abundance of healthcare services. So, if you’re buying a home for sale in Caguas to live with your family or enjoy retirement, you’ll have no shortage of quality healthcare providers. Top hospitals near the homes for sale in Caguas include:
- Hospital Menonita Caguas
- HIMA San Pablo Caguas Hospital
- NeoMed Center Gurabo
- Turabo Clinic
- Centro de Acceso y Tratamiento Panamericano Caguas
Job Market In Caguas, PR
A bustling, vibrant hub for industry and commerce, Caguas has become a desirable destination in the mid-northeast region of the island. Homes for sale in Caguas are highly sought-after due to the city's employment opportunities and proximity to other labor centers such as San Juan.
Its location in a fertile valley molded Caguas' agricultural past. During the 20th century, the city was a prominent sugar manufacturer, a cornerstone industry in Puerto Rico. But Caguas has ascended as a commercial and industrial hotspot, with over 40 factories specializing in producing leather goods, plastic items, clothing pieces, and tobacco products - not to mention electronic parts and photographic instruments.
Other industries taking over in recent years are pharmaceuticals and call centers. To drive economic growth and position Caguas as a leader in innovation, cutting-edge technology sectors such as artificial intelligence and cybersecurity have also taken center stage in recent years.
Transportation In Caguas, PR
While Caguas is generally car-centered, there are portions that provide an enjoyable walk - such as the downtown core, Caguas Pueblo. It has a remarkably high Walk Score rating of 76 out of 100.
For those who own a car in Caguas, the city comprises many roads and highways, allowing locals and tourists to commute effortlessly to the neighboring cities and towns. The main thoroughfare, Highway 52, runs east-west from San Juan to Ponce, granting easy access throughout the region. Alternatively, you may take routes 1, 174, 654, or Highway 184.
The most utilized and widely available public transportation option in Caguas is the Carros Públicos, a type of jitney taxi. Furthermore, ALSA, the premier local land transport provider, is committed to connecting Caguas and San Juan with daily dependable bus services.