Ranked the #1 Fastest Growing Caribbean Destination in 2024 by the Caribbean Hotel and Tourism Association and #2 on the UN World Tourism Organization's list of Fastest Growing Post-Pandemic Destinations, Puerto Rico has seen an 18% increase in year-over-year tourist arrivals in 2024, ranking higher than all other Caribbean destinations. Bookings at boutique lodgings/AirBnB's have increased by 27% over the same time period, compared to only 6% for commercial hotel bookings. There is an undersupply of market rate boutique hospitality services on the island, leading to a 20% increase in revenue per available room (RevPAR) and providing an excellent opportunity for hotel operators to add market rate rooms to the island's inventory for immediate occupancy.

Puerto Rico's small size, modern infrastructure, diverse landscapes, and accessibility by air and sea combine to provide an enormous opportunity to service a diverse segment of clientele across the island. From rainforests to beaches, urban cultural centers to secluded mountain retreats, Puerto Rico's many attractions are waiting for scrappy investors to harness the potential of the many vacant properties lying within booming tourism epicenters, along pristine beachfront, and overlooking vast jungle valleys; all within an hour's drive from the nearest international airport.

With no MLS network or electronic property database on the island, Puerto Rico's real estate opportunities are reserved for diligent, boots-on-ground investors who are willing to put the work in to find great deals.

Puerto Rico’s stackable business and tax incentives compound the wealth creation opportunities afforded by an in-demand and undersupplied hospitality sector.

Puerto Rico's Act 60 incentives, enacted in 2019, have created a substantial force multiplier for investors, developers, and business owners seeking opportunities to create outsized returns while capitalizing on demand for lodging and ancillary tourism services in support of a booming visitors economy. 98% of Puerto Rico has been designated as an Opportunity Zone, allowing investors in Pilarrosa Capital’s Qualified Opportunity Funds (QOFs) to benefit from the capital gains tax deferral/discounts offered by the federal program in addition to Act 60 incentives.