In the midst of Dorado’s flourishing real estate scene, attention is turning to the skyrocketing luxury rental market. While much has been said about resale markets, the exponential rise of high-end luxury rentals has remained a well-kept secret.

The local boutique real estate firm, The Colectivo Group, has recently finalized two groundbreaking long-term rental agreements, setting new records in the region. One remarkable deal at West Beach commands an impressive $720,000 annually, while another at Dorado Country Estates secures $600,000 per year.

Despite steady demand in the luxury market over the past three years, there is a growing need for even more high-end rental options. In Puerto Rico, the luxury rental market has experienced a significant uptick, with prices rising by an impressive 15-20%. This increase is driven by heightened demand from high-end clients who are eager to pay a premium for exclusive amenities and prime locations.

Whether it’s the allure of beachfront or oceanfront access, the convenience of move-in-ready, turnkey properties, or the spacious comfort of larger family homes, typically spanning over 7,000 square feet, affluent renters are seeking top-tier living experiences. Moreover, the appeal of fully furnished, updated residences adds to the attractiveness of these properties, making them highly sought-after among those looking for a lavish lifestyle in the Caribbean paradise of Puerto Rico.

In response to this demand, The Colectivo Group is innovating by offering top-tier rental options, including primary residences from their esteemed portfolio ranging from $65,000 to $100,000 per month. While these figures may seem remarkable, they reflect the evolving landscape of Puerto Rico’s luxury market. Rentals at this level are expected to become standard in sought-after areas such as Condado, Dorado, and St. Regis.