Hmmm I was just looking at some real estate in Puerto Rico this morning and was about to ask GFY if any webmasters lived there for some opinions when I saw this post! Did you know there is no federal income tax in PR?
There's all sorts of price ranges for houses. I don't know locations on the island, but this one looks very nice:
http://www.tiriphotos.com/Html/disp_...y.php?ID=13130
I'd need somewhere that has broadband though so I need to research that...