The combination of tropical allure with mainland familiarity and the added charm of picturesque landscapes makes the north coast of Puerto Rico a tantalizing option for investors. Buying a second home in the neighborhood of San Juan can be a great option for anyone looking for an idyllic retreat.
If you want to avoid the touristy vibe of the San Juan metropolitan area, one excellent option is the city of Guaynabo. Blending the deep-rooted cultural heritage of Puerto Rico with modern amenities, Guaynabo is a great location for young professionals and retirees looking to invest in Puerto Rico.
About Guaynabo
Covering an area of 27 square miles, Guaynabo is located south of the Bay of San Juan. The history of the region goes back to the 16th century, when the first Spanish sailors settled in the town of Caparra, the ruins of which are a part of modern-day Guaynabo.
The municipality was founded in 1769 and originally named Buinabo. In the Taino language, this translates to “here is another place of fresh water”, which is understandable as the region has many creeks and rivers.
The town’s economic development slowed down in the 18th and 19th centuries. It was not until the first half of the 20th century that Guaynabo started emerging from the shadows, and the pace of development quickened. Its proximity to San Juan helped in the commercial expansion of the municipality.
At present, the economy is primarily driven by dairy and food products, as well as service and construction industries. There are sales offices for major U.S. and international firms located in Guaynabo as well.
Things to Do In and Around Guaynabo
Guaynabo is an urban settlement with an upscale vibe. Beyond a wide range of real estate options including several gated communities, Guaynabo has excellent schools, markets, and healthcare facilities. English speakers will find communication easy, as most people in the area speak it comfortably.
The best beaches in San Juan are easily accessible from Guaynabo. Beyond that, the city has all that you need to enjoy family life while relishing the colorful cultural beats of the island.
Explore History
The Caparra Ruins is a landmark archaeological site that offers insight into the early days of European settlement in Puerto Rico. The area was abandoned in 1521 when the settlers moved to San Juan. The site has been declared a U.S. National Historic Landmark and has a museum displaying various artifacts.
Shopping and Dining
With premium roadside boutiques and elegant plazas, Guaynabo is a delight for avid shoppers. The San Patricio Plaza is one of the finest shopping destinations in Puerto Rico. Beyond that, you can visit Plaza Guaynabo and Plaza Caparra.
From roadside kiosks to elegant restaurants, gourmets will be spoiled for choice in Guaynabo. You can try traditional Puerto Rican cuisine or enjoy international cuisine like Mexican or Italian fare. As always, the crisp smell of fresh seafood from the small eateries will beckon you for a bite.
Looking for Condos for Sale in Guaynabo?
Guaynabo is one of the top places for buying a condo in Puerto Rico, especially if you want to reside near San Juan. The demand for residential property in the city is rising steadily, and you can choose from condominiums, single-family homes, and luxury houses.
The Colectivo Group can help you choose the right property from exclusive real estate options in Guaynabo. Our team of experienced professionals has in-depth knowledge of the local property market and leverages the power of data to offer the best service to our clients.
Connect with us to learn more about the top condos available in Guaynabo.