Luxury Real Estate in Puerto Rico
Three residences for sale at Bahia Beach, $1,890,000 to $2,500,000, next to all eighteen closings the resort has recorded since 2025.
Three residences are for sale at Bahía Beach right now, from $1,890,000 to $2,500,000 — $1,032 to $1,347 per square foot. Las Verandas, Las Estancias, Ocean Drive, Las Ventanas, Las Olas and Atlantic Drive Estates are addresses inside Bahía Beach, not separate communities. They all close under 7000 Bahía Beach Boulevard, Río Grande.
Residence | Asking | Sq ft | $/sq ft |
$2,500,000 | 2,374 | $1,053 | |
$2,498,000 | 1,854 | $1,347 | |
$1,890,000 | 1,832 | $1,032 |
$39,000 / month | |
$14,000 / month | |
$13,000 / month |
Two residences at Las Verandas closed in 2026: one at $982 per square foot in May, one at $922 in September. The two Las Verandas residences for sale today are asking $1,032 and $1,053.
That is five to fourteen percent above what the building actually recorded this year. Whether that gap is justified depends on the floor, the view and the condition — not on the asking price.
Note also what is not for sale. The six residences that closed at Bahía Beach in 2026 ran from $1,900,000 to $28,500,000. Everything available today sits at the entry of that range.
Seven residences closed at Bahía Beach in 2026, from $1,900,000 to $28,500,000, median $3,400,000, at $922 to $2,599 a square foot, median $1,039. Six of the seven were cash.
Residence | First ask | Closed | $/sq ft | % of ask | Days | Closed |
12 Las Estancias | $42,500,000 | $28,500,000 | $2,599 | 67% | 115 | May 6 |
Ocean Drive 3102 | $9,900,000 | $7,490,000 | $1,911 | 76% | 454 | Sep 21 |
Ocean Drive 3301 | $5,600,000 | $5,475,000 | $1,238 | 98% | 41 | Sep 21 |
8371 Las Verandas | $3,950,000 | $3,400,000 | $982 | 86% | 109 | May 20 |
Las Ventanas I 324 | $4,150,000 | $3,400,000 | $982 | 82% | 189 | Aug 25 |
4129 Las Verandas | $2,750,000 | $2,550,000 | $922 | 93% | 416 | Sep 30 |
7000 Bahía Beach Blvd 3221 | $2,395,000 | $1,900,000 | $1,039 | 79% | 402 | Mar 25 |
12 Las Estancias is the largest residential sale recorded anywhere in Puerto Rico in 2026. Ten thousand nine hundred and sixty-seven square feet at $2,599 a square foot, cash, closed in 115 days. Nothing else on the island came within fifteen million dollars of it — the next highest closing of the year was $13,000,000, in Dorado.
The median Bahía Beach sale closed at 82 percent of its first asking price after 189 days. Ocean Drive 3301 is the exception that proves the point: it opened at $5,600,000 and closed at 98 percent of that in 41 days — the one residence of the seven priced from the start at what the market was already paying.
Twelve residences closed in 2025, from $767 to $2,226 per square foot.
Residence | Price | Sq ft | $/sq ft | Closed |
Ocean Drive 4402 | $8,701,907 | 3,910 | $2,226 | Mar 27 |
23 Las Estancias | $12,000,000 | 5,606 | $2,141 | Nov 17 |
Las Ventanas II 206 | $2,990,000 | 1,908 | $1,567 | May 19 |
3 Las Estancias | $7,600,000 | 5,176 | $1,468 | Jun 6 |
Ocean Drive 1102 | $5,675,000 | 3,921 | $1,447 | Mar 21 |
Ocean Drive 1301 | $4,400,000 | 3,368 | $1,306 | May 9 |
Ocean Drive 1202 | $6,400,000 | 4,932 | $1,298 | Dec 30 |
9 Las Olas | $4,950,000 | 4,204 | $1,177 | Sep 2 |
Atlantic Drive Estates G5 | $6,700,000 | 6,358 | $1,054 | Mar 1 |
Ocean Drive 2301 | $4,500,000 | 4,329 | $1,039 | May 16 |
7000 Bahía Beach Blvd 8266 | $1,800,000 | 1,829 | $984 | Nov 18 |
9277 Las Verandas | $1,950,000 | 2,544 | $767 | Apr 25 |
Twenty-eight residences have closed inside the resort over the last thirty-six months — nine in 2024, twelve in 2025, seven so far in 2026 — from $1,575,000 to $28,500,000, median $4,450,000, at $767 to $2,599 a square foot, median $1,177. Twenty-two of the twenty-eight were cash.
Building | Sales | Median price | Median $/sq ft |
Las Estancias | 3 | $12,000,000 | $2,141 |
Ocean Drive and the St. Regis Residences | 11 | $5,881,262 | $1,306 |
Las Ventanas | 3 | $3,175,000 | $1,567 |
Las Verandas | 9 | $1,995,000 | $922 |
That table is the shape of Bahía Beach. Las Estancias is the house tier, and it trades at more than twice the rate of Las Verandas. Ocean Drive and the St. Regis Residences are the deepest market in the resort, eleven of the twenty-eight sales. And Las Verandas at $922 a square foot is the only part of Bahía Beach that still prints under a thousand — which is where most buyers who end up inside the gate actually start.
Five of the twenty-eight closed at exactly their asking price with zero days on the market: $8,701,907 at the St. Regis Residences, $6,400,000 and $5,881,262 on Ocean Drive, and $2,890,000 and $1,995,000 at 7000 Bahía Beach Boulevard. Those are developer-direct. They never reached a portal, and anyone pricing off what a portal shows is working from a partial record.
These are closed sales, not a valuation. Which of them count as comparables for a specific residence is decided in a CMA.
Ask us what the residence above or below the one you are looking at closed for, and when. We keep the Bahía Beach record ourselves, closing by closing, and we will walk any of the three listed above against it before you write a number. Ask for the Bahía Beach closed record or call 787-717-6443.
Four Seasons Resort and Residences Puerto Rico at Bahía Beach, formerly The St. Regis Bahía Beach, holds One MICHELIN Key in the 2026 selection, confirmed October 5, 2026. The Key is awarded to the hotel, not to the residence. The closed record for Bahía Beach next to Dorado Beach is here.
0% on capital gains for decrees issued through December 31, 2026. 4% for decrees issued from January 1, 2027. A new decree holder must buy a home in Puerto Rico within two years of the decree and cannot rent it out.
Antonio Cartagena, broker, license C-13471, and Lizvette Robles, broker, license C-23765. InvEstate Puerto Rico. Every closing above comes from our own review of Stellar MLS and the public sold record, cross-checked one by one. Price per square foot is the recorded sale price divided by the recorded living area. Market information, not an appraisal.
Looking to buy or sell property in Puerto Rico? Look no further than Antonio, your trusted real estate broker. With extensive knowledge of the local market and a passion for delivering exceptional service, Antonio is your key to success. Whether you're searching for your dream home or aiming to maximize your property's value, Antonio has the expertise and resources to make it happen.