Buy a Dream House with Bitcoin In the Idyllic Caribbean Valley of Puerto Rico (2024)

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At one point in every crypto enthusiast’s life, he or she has envisioned buying their dream mansion with Bitcoin. What was once a fantasy is now a reality with the listing of this exquisite, ultra-modern, 2-story, 5-bedroom mansion in the heart of the Caribbean.

This unique luxury property is being sold through ArroyoLaRue Realty and is nestled in the stunning “Hidden valley” of Guaynabo, Puerto Rico. Situated in the serene Valle Escondido Estates of Guaynabo. The Idyllic, luscious landscape offers a sense of privacy with beautiful natural resources right on its doorstep and the center of San Juan metro only a short drive away.

With the sale of this listing, the lucky buyer will acquire not just a stunning, unique property in a tropical location but a lifestyle and tax benefits befitting that of one of the celebrities that live just a stone’s throw away. Let’s get into it!

Opening the Door: A Look Inside the Dream Mansion

The first thing that hits you when you pull up to the driveway is the size of the property. The sprawling 2-story, 5-bedroom, 9014 sq ft mansion rests on an impressive 0.85 of an acre. After parking in the spacious four-car garage, the front door opens, and you are greeted with a beautifully expansive open-plan Atrium with a 180-degree mezzanine balcony above.

The atrium is ideally set up as a spacious reception area to entertain guests but could just as easily become a comfortable place for a family, couple, or group to gather, relax, read a book or just survey the beauty of the garden and pool terrace. It is obvious that the architect has chosen to emphasize space with the design as the open-plan room clocks an impressive 59ft in length.

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Are You Not Entertained?

For the socialite or entertainer, this property really excels. The atrium leads westward into an elongated dining area more than sufficient to entertain 10 guests for dinner parties. The entire rear wall of the main room (on both floors) is complemented by a cascade of floor-to-ceiling window bays that gives anyone at the rear of the property a crystal-clear view of the sumptuous garden and pool terrace area.

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Adjacent to the dining area is a kitchen that would make any budding chef giddy with anticipation. Two fully equipped guest bathrooms border the dining area, which opens up to a beautiful 50ft pool terrace, making dinner parties an attractive proposition. The 20ft pool is accompanied by sun loungers for working on that tan, and an elegant stone staircase grants pool-goers access down to the main garden.

The east side of the first floor features the first ensuite bedroom, an additional bathroom, a fully equipped office, and the piece de resistance: a 60x18ft games room, complete with bar, foosball table, pool table, and even a state-of-the-art golf simulator. Quite the dream for any golf enthusiast and a great opportunity to secretly hit a few balls at home before a more challenging

The proposition at one of the PGA-level links that the area has to offer.

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Spectacular Second Story

An oak staircase from the atrium leads to the second-floor bridge hallway and balcony, and with the lofted ceiling, there is a perfect view of the ground level. The bridge hallway is perfectly spaced to allow some distance between the east and the west sides of the floor, separating the luxurious master bedroom from the two ensuite double bedrooms where guests would most likely stay.

The master bedroom suite and the hallway have separate balconies in keeping with the conscious choice to give the master suite as much privacy from the rest of the house as possible without feeling segregated. The master suite even has a smaller hang-out room at the entrance, ideal for small film viewing or gatherings.

Across the hallway is a similarly cozy chill-out space for guests staying in either of the two adjacent ensuite bedrooms. Including ensuites, the property has an incredible 7 bathrooms, so sharing will be a thing of the past, regardless of how many of you there are.

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The Culture, Cuisine, and Calm of San Juan

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Guaynabo (and its neighboring municipalities) make up the San Juan area, right on the doorstep of the nation’s capital city of the same name. The region sits on the island’s Atlantic coast with a dazzling line of buildings, exotic nightclubs, and casinos on the Isla Verde beach fronts,

San Juan boasts a vast array of social, cultural, culinary, aquatic, and natural offerings befitting that of a much larger city. For the shopaholic, there are dozens of upscale designer stores in the luxury Mall of San Juan, but if chiq or quirky is more your thing, then you’re sure to find something in the old San Juan area.

The Old San Juan preserves a beautiful area of cobblestoned roads, colorful Spanish colonial buildings, and 16th-century landmarks such as the impressive La Fortaleza fortress and the Paseo de la Princesa bayside promenade. The capital is also the largest private harbor in the Caribbean, with watersports and boats proving popular in the past times for the more affluent.

Golf is also really big in the region, with numerous Championship golf courses at Royal Isabela, Dorado Beach, and Coco Beach, all of which are currently in use by the pros who are playing in the prestigious Puerto Rico Open (PGA Tour).

For those with a refined palette, San Juan is also home to not one but two Michelin star restaurants in 1919 and Marmalade: two very different but very excellent establishments. Marmalade, located in Old San Juan, is unique in its creativity and execution of dishes, with a natural and creative blend of eclectic and nutritionally inspired ingredients.

Or, if you favor a more traditional dining experience, you can take a 10 min drive down the waterfront, past the Castillo San Cristobal, to the 1919 restaurant in the luxurious Condado Vanderbilt. There, you are sure to be blown away by stunning ocean views and a floor-to-ceiling glass cellar containing a ludacris 1500-bottle, 330-selection wine inventory and the internationally known menu of Chef Juan José Cuevas; who serves eclectic American plates matched perfectly by the restaurant’s award-winning wine selector.

Join the Lifestyle of the Rich & Famous

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Whatever your passion in life, San Juan will surely offer you the chance to quench it. For the people who move to this exotic city, it is not just about location and surroundings but the lifestyle that they fall in love with. After all, beautiful properties and exotic locations can be found throughout the world, but there is more on offer here that is readily apparent.

More recently, celebrities, actors, and the super wealthy have been flocking to Puerto Rico to take advantage of the nation’s significant tax breaks that extend to both regular income and cryptocurrency protists. Last year famous Youtuber Logan Paul purchased a similar mansion in the region, and Sicario star Benicio Del Toro and A-lister Jennifer Lopez already own properties in the region

With more people coming in to take advantage of the tax and crypto-friendly laws in Puerto Rico, dream mansions like this one will become even hotter properties than they already are. This magnificent property is so much more than brick and mortar in a well-placed location. It offers the buyer a rare opportunity for a lifestyle befitting that of the rich and famous. All you have to do is to get in touch by email with the seller for the chance to own this dream property.

Disclaimer: The property owner will undergo any required legal processes associated with selling the property for Bitcoin in accordance with Puerto Rican law. Bitcoin recipient information will be provided on the date of sale. The property is unfurnished, all images are digital representations.

Contact Info:

Contact Name: Christopher LaRue

Contact Email: [emailprotected]

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Disclaimer

This article is sponsored content and does not represent the views or opinions of BeInCrypto. While we adhere to the Trust Project guidelines for unbiased and transparent reporting, this content is created by a third party and is intended for promotional purposes. Readers are advised to verify information independently and consult with a professional before making decisions based on this sponsored content. Please note that ourTerms and Conditions,Privacy Policy, andDisclaimershave been updated.

Buy a Dream House with Bitcoin In the Idyllic Caribbean Valley of Puerto Rico (2024)

FAQs

Where do crypto people live in Puerto Rico? ›

While Puerto Rico's capital, San Juan, has often played host to the crypto community, its members have been moving throughout the island in recent years. When Raymond Collazo and Carmen Santiago realized housing was becoming unaffordable for longtime residents in their town, Isabela, they sought out a solution.

Is Puerto Rico a tax haven for crypto? ›

You may be a good candidate to use Puerto Rico as a crypto tax haven if you pay more than $15,000 in U.S. taxes per year, anticipate high capital gains in the future, and want to retain U.S. citizenship. You must also be willing to move your life to Puerto Rico for at least 3 years (more on that below).

Can you pay for a house with Bitcoin? ›

Yes, it is. But there are some limitations. Several cryptocurrency payment processors allow you to pay your mortgage directly with crypto. These processors typically convert your crypto to fiat currency before sending it to your mortgage lender.

How much is $1 in Puerto Rico? ›

FAQs in relation to Puerto Rico Currency

No, Puerto Rico uses the US dollar as its official currency. How much is $1 worth in Puerto Rico? In Puerto Rico, $1 holds the same value as it does throughout the United States.

Where do rich Americans live in Puerto Rico? ›

Condado (apartment living) Condado is San Juan's most luxurious district, sitting oceanfront to hotels, a busy nightlife, beachside restaurants, and world-renowned, upscale brand boutiques. You can find everything within walking distance and much to do.

What is the law 60 in Puerto Rico? ›

Act 60 was intended to boost the Puerto Rican economy by encouraging mainland U.S. citizens to do business and live in Puerto Rico, and as is the case with many incentive programs, the opportunity and temptation to abuse these programs has led some to do just that.

Does Puerto Rico pay taxes to the IRS? ›

Consequently, while all Puerto Rico residents pay federal taxes, many residents are not required to pay federal income taxes. Aside from income tax, U.S. federal taxes include customs taxes, federal commodity taxes, and federal payroll taxes (Social Security, Medicare, and Unemployment taxes).

Do I need to pay taxes on crypto? ›

The IRS treats cryptocurrency as property, meaning that when you buy, sell or exchange it, this counts as a taxable event and typically results in either a capital gain or loss. When you earn income from cryptocurrency activities, this is taxed as ordinary income.

Is buying a house with Bitcoin taxable? ›

Remember, buying something with crypto is technically a “disposition” of the crypto asset. In other words, it triggers a taxable event, and you realize capital gains or capital losses on the transaction.

How to use Bitcoin to buy property? ›

While you can't buy a house outright with cryptocurrency, you can use the profits from cryptocurrency investments to buy a property and, in some cases, get a mortgage. That being said, crypto is relatively new, and unregulated, which means it comes with risks you should understand before investing.

Does Puerto Rico have a bitcoin ATM machine? ›

“According to Coinatmradar.com, there are only roughly 45 existing Bitcoin ATMs in Puerto Rico.

Is cryptocurrency legal in Puerto Rico? ›

Trading cryptocurrency in Puerto Rico is fully legal. In fact, the territory offers tax benefits for crypto investors.

Is Coinbase allowed in Puerto Rico? ›

Yes, you can use Coinbase in Puerto Rico.

Where do most crypto people live? ›

Not surprisingly, California leads in the number of locales where a high percentage of the population owns bitcoin or one of its competitors. But in a state-by-state ranking, Washington beats California.

Where do most US citizens live in Puerto Rico? ›

The tropical marine climate of Puerto Rico is responsible for year-round sunshine but also for tropical storms. As Puerto Rico is a US territory, US consulates are responsible for handling visa applications. Most expats settle in Puerto Rico's capital, San Juan, or in the south in Ponce, its second-largest city.

What part of Puerto Rico do celebrities live? ›

Ever wondered where the biggest stars of Puerto Rico live? Celebs like Ricky Martin & Ozuna opt for the prestige and exclusivity of this community in Dorado.

Why are crypto bros moving to Puerto Rico? ›

Bitcoin millionaires are moving to Puerto Rico for lower taxes and island living. Bitcoin enthusiasts are flocking to Puerto Rico, thanks to tax breaks and an island lifestyle. As the community grows, it's attracting more newcomers from the states as well as curious locals. But not everybody's happy about the influx.

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