Luarca Properties LLC pays $1.1 million for a Condominio Magdalena apartment in Santurce that sold for $950,000 in 2024
Luarca Properties LLC has bought the apartment at Condominio Magdalena, Apartment C12, Avenida Magdalena, Santurce, San Juan, 00907 for $1,100,000. The deed was recorded on September 3, 2026. The record lists the transaction as a sale, the contract by which a seller agrees to transfer ownership of a property to a buyer who agrees to pay a set price, and the seller is a private party.
The seller had bought the apartment on October 28, 2024, for $950,000, so the price is $150,000 higher, about 15.8%, 22 months later. The unit's earlier recorded sale was $490,000 on June 25, 2015, so the price has more than doubled in 11 years. The deed gives the apartment 246 m2 of built area, which puts the sale at about $4,464 per m2.
Other sales in the building
Three other units in Condominio Magdalena have recorded sales since October 2024, at $360,000, $145,000 and $300,000. The building stands on a property of 2,434 m2 / 26,196 sq ft on Avenida Magdalena.
Sales in Santurce
In the 12 months from November 2024 to October 2025, the Santurce neighbourhood recorded 1,368 sale deeds at a median price of $180,000. In the 12 months before that, it recorded 1,447 at a median of $185,000. Sellers of residential property across San Juan listed at a median asking price of $352,241 in October 2026.