Puerto Rico’s luxury property market is reaching new heights — quite literally — with the unveiling of Vanderbilt Residences, a landmark development by Paulson & Co. in the heart of Condado, San Juan’s most prestigious neighborhood.
Positioned at the crossroads of Ashford Avenue and Earle Street, this 250-foot oceanfront tower is set to become the tallest residential building in metro San Juan, offering sweeping views of the Atlantic Ocean and the vibrant Condado district. The project represents a $184 million investment by Paulson & Co., one of Puerto Rico’s most influential real estate firms, which acquired full ownership of the venture earlier this year.
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A New Benchmark for Caribbean Residential Luxury
Vanderbilt Residences is being hailed as a “new standard” in ultra-luxury living. Designed for discerning global buyers, the tower will feature one- to five-bedroom residences with floor-to-ceiling glass walls, expansive terraces, and seamless indoor-outdoor living. Every unit is crafted to maximize ocean views and elevate the coastal lifestyle experience.
The architectural vision is led by SB Architects, the renowned firm behind Dorado Beach and the St. Regis Bahia Beach, while interior design is curated by Hirsch Bedner Associates (HBA) — a global leader in luxury hospitality design, with clients including St. Regis, Park Hyatt, and Regent.
World-Class Amenities and Prime Location
The building will feature 25,000 square feet of luxury amenities across two levels, including:
- A 75-foot oceanfront infinity pool
- A state-of-the-art fitness center
- Private wellness suites
- Entertainment lounges and social spaces
The Vanderbilt Residences sit just steps from iconic neighbors like the Condado Vanderbilt Hotel and La Concha Resort, anchoring it firmly within San Juan’s elite lifestyle and tourism corridor.
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Real Estate Sales and Rising Demand
Sales and marketing are being led by Corcoran Puerto Rico, with residence prices starting at $1.5 million and ranging beyond $7 million for top-tier units.
This launch comes amid a surge in demand for ultra-prime real estate in Puerto Rico, especially in hot spots like Condado, Dorado, and Bahia Beach. Much of the interest is driven by mainland U.S. buyers seeking lifestyle, tax benefits, and stable investment opportunities in the Caribbean.
Paulson & Co: Shaping the Future of Puerto Rico’s Luxury Market
Paulson & Co. has emerged as a dominant force in Puerto Rico’s high-end property landscape. The firm’s portfolio includes prestigious hospitality assets such as:
- Condado Vanderbilt Hotel
- La Concha Renaissance
- Condado Ocean Club
- St. Regis Bahia Beach Resort
- Bahia Beach Resort
With Vanderbilt Residences, Paulson is not just building homes — he’s setting the tone for the next generation of Caribbean luxury living.
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