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Nov 29, 2011

Costa Rica – prices still trending down

			Last Updated: Nov. 29 2011
ALAJUELA AND HEREDIA - Houses	COST (US$)		YIELD (p.a.)	PRICE/SQ.M. (US$)
ALAJUELA AND HEREDIA - Houses	TO BUY	MONTHLY RENT	YIELD (p.a.)	TO BUY	MONTHLY RENT
100 sq. m.	92,000	501	6.53%	920	5.01
175 sq. m.	164,850	896	6.52%	842	5.12
300 sq. m.	296,700	1,926	7.79%	989	6.42
575 sq. m.	724,500	2,938	4.87%	1,260	5.11
GUANACASTE AND PUNTARENAS - Condos
90 sq. m.	146,970	n.a.	n.a.	1,633	n.a.
GUANACASTE AND PUNTARENAS - Houses
100 sq. m.	80,400	n.a.	n.a.	804	n.a.
200 sq. m.	155,000	n.a.	n.a.	775	n.a.
SAN JOSE – Condos
65 sq. m.	142,415	n.a.	n.a.	2,191	n.a.
100 sq. m.	164,200	1,147	8.38%	1,642	11.47
175 sq. m.	n.a.	1,908	n.a.	n.a.	10.90
SAN JOSE –Houses
150 sq. m.	183,000	1,226	8.04%	1,220	8.17
250 sq. m.	308,750	2,025	7.87%	1,235	8.10
400 sq. m.	554,400	3,228	6.99%	1,386	8.07
750 sq. m.	1,154,250	5,573	5.79%	1,539	7.43
San Jose: Escazu and Santa Ana Source: Global Property Guide Definitions: Data FAQ See also: Update Schedule

Prices in Costa Rica seem little changed over the past year. As there are no official time series we do not have accurate measures, but our data suggest that there has not been much movement in prices. The exception to this general rule is that houses and condominiums in Guanacaste and Puntarenas have continued to see the price-falls experienced during 2008 and 2009.

Gross rental yields on residential property in Costa Rica remains generally healthy, at around 6% to 7.8%

Costa Rica - more data and information

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