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New Construction in Puerto Rico: 14 Developments and What Is Listed Today

Buyers Guide, Construction, Investment, Puerto Rico Real Estate Lizvette Robles October 7, 2026

Fourteen new developments are selling in Puerto Rico right now, from Dorado Beach to Condado, Guaynabo, Mirama­r, Rio Grande and the Convention District. Eleven units across three of them are in the MLS today, from $1,980,900 to $7,750,000. Most of the rest never reach the MLS at all.

The units in the MLS today

Verified on October 7, 2026. Every link goes to the listing on this site.

Home

Development

Price

Sq ft

Status

The Grove 11E

The Grove, Condado

$7,750,000

7,328

Active

45 Sereno

Sereno, Guaynabo

$4,499,000

5,000

Active

46 Sereno

Sereno, Guaynabo

$3,999,000

5,000

Active

47 Sereno

Sereno, Guaynabo

$3,999,000

5,000

Active

8 The Meadows Estates

The Meadows Estates, Guaynabo

$3,150,000

5,846

Active

19 The Meadows Estates

The Meadows Estates, Guaynabo

$1,980,900

4,042

Active

The Grove 11B

The Grove, Condado

$6,800,000

7,328

Under contract

The Grove 11D

The Grove, Condado

$6,000,000

6,128

Under contract

The Grove 11C

The Grove, Condado

$5,800,000

6,128

Under contract

10 The Meadows Estates

The Meadows Estates, Guaynabo

$3,750,000

7,274

Under contract

6 The Meadows Estates

The Meadows Estates, Guaynabo

$3,000,000

4,042

Under contract

Six active and five under contract. That ratio is the market signal, and almost nobody publishes it.

The 13 developments

Development

Area

Ritz-Carlton Reserve Residences at Dorado Beach

Dorado

Four Seasons Private Residences at Bahia Beach

Rio Grande

Marea Residences at Grand Reserve

Rio Grande

Vanderbilt Residences Condado

Condado

The ICON Condado

Condado

Ocean Five Residences Condado

Condado

The Grove Condado

Condado / Ocean Park

Hard Rock Residences San Juan

San Juan

Opus Miramar

Miramar, San Juan

ORO on the Golden Mile, Autograph Collection

Hato Rey, San Juan

The Legacy Guaynabo

Guaynabo

Sereno Guaynabo

Guaynabo

The Meadows Estates Guaynabo

Guaynabo

And since late October, a fourteenth: Moncayo Golf & Ocean Club in Fajardo, a 1,100-acre private club operated by Auberge Resorts Collection, with roughly 400 residences from $3 million.

Five things to verify on any pre-construction purchase in Puerto Rico

  1. The HOA budget. New construction sheets frequently show $0. That is an empty field, not a number. Ask for the projected budget in writing before the deposit.
  2. The use permit. A project can advertise a delivery date that has already passed and still read “under construction”. Ask whether the permiso de uso has been issued.
  3. What the square footage means. Interior area, total construction and gross area are three different numbers, and the MLS does not always say which one it is publishing. Compare like with like before you compare price per foot.
  4. Lease restrictions. If the plan involves Act 60 or any rental use, get them in writing before the deposit, not after.
  5. The warranty and the delivery clause, with the penalty for delay, and CRIM certification.

What has closed

No closed sale is public at The Grove, at Sereno or at The Meadows Estates as of October 7, 2026. Everything you can read about those three today is an asking price.

New construction often closes outside the MLS, directly with the developer, so we pull closings by deed as well as by MLS. If you want the closing record for a specific community before you make an offer, ask us for it.

These are closed sales, not a valuation. A valuation is a CMA, and we do that with you.

Frequently asked questions

Where is the new construction in Puerto Rico?

In six places, and they are not interchangeable. Dorado, for the resort tier. Río Grande, at Bahía Beach and Grand Reserve. Condado, Miramar and Hato Rey inside San Juan. Guaynabo, for buyers who want space over beachfront. And Fajardo, where Moncayo is the newest of the fourteen. There is no new construction of this tier on the west coast today, so if you are searching Rincón or Isabela you are looking at resale.

What new construction is for sale in Puerto Rico right now?

The table above is the live list, verified against the MLS and updated by hand. Six active and five under contract across the fourteen developments at last check. Keep in mind that what appears in the MLS is a fraction of what is actually selling: most new construction here is sold directly by the developer and never appears there at all.

How much deposit do you need for new construction in Puerto Rico?

It is set by each developer, not by law, and it is the first thing to get in writing. At Hard Rock Residences San Juan, for example, a buyer reserves a specific unit with an $85,000 refundable deposit before the purchase and sale agreement. What matters is not the amount but three things: whether it is refundable, who holds it, and what happens to it if the delivery date moves.

Can you finance new construction in Puerto Rico?

The purchase and the closing are separated by years. You sign a contract now and close at delivery, which is when the price is recorded and when a mortgage is actually placed. That means a pre-approval today is not the same as financing secured for a closing in 2029, and your lender should tell you in writing how long their commitment holds.

What should you ask the builder before buying new construction?

Five things, set out above: the HOA budget and how the reserve will be funded, the delivery date and what happens if it moves, which finishes are standard against which are an upgrade, the developer’s completed projects in Puerto Rico, and how your deposit is held. A sales office represents the developer. These are the questions it will not volunteer.

Talk to us before you talk to a sales office

A developer’s sales office represents the developer. We will ask for the price list by lot, the HOA budget, the permit status and the sales report, and we will tell you what we could not verify.

Antonio Cartagena, C-13471 and Lizvette Robles, C-23765 · (787) 717-6443

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