|Last Updated: Nov. 05 2015|
HEREDIA - Houses
|COST (US$)||YIELD (p.a.)||PRICE/SQ.M. (US$)|
|TO BUY||MONTHLY RENT||TO BUY||MONTHLY RENT|
|180 sq. m.||168,300||983||7.01%||935||5.46|
|400 sq. m.||466,800||2,564||6.59%||1,167||6.41|
PUNTARENAS - Condos
|120 sq. m.||211,440||n.a.||n.a.||1,762||n.a.|
PUNTARENAS - Houses
|120 sq. m.||148,800||n.a.||n.a.||1,240||n.a.|
|200 sq. m.||367,000||n.a.||n.a.||1,835||n.a.|
|400 sq. m.||630,800||n.a.||n.a.||1,577||n.a.|
|SAN JOSE – Condos|
|75 sq. m.||137,475||905||7.90%||1,833||12.07|
|120 sq. m.||194,640||1,102||6.79%||1,622||9.18|
|300 sq. m.||421,500||2,637||7.51%||1,405||8.79|
|SAN JOSE –Houses|
|200 sq. m.||235,800||1,278||6.50%||1,179||6.39|
|350 sq. m.||486,850||2,828||6.97%||1,391||8.08|
|700 sq. m.||1,013,600||5,502||6.51%||1,448||7.86|
|San Jose: Escazu and Santa Ana
Source: Global Property Guide Definitions: Data FAQ See also: Update Schedule
Gross rental yields on residential property in Costa Rica remain generally healthy, at around 6.5% to 7.9%. Our research suggests that these returns are slightly below what one would have expected 5 or 10 years ago, but not much less. These are quite good returns for landlords, even when costs such as taxes and other costs are subtracted from the gross figures.
We have not found much difference in returns between different types of properties. However, our research tends to concentrate on the higher end of the market, and as in most residential markets around the world, even higher rental returns are likely to be obtainable on smaller properties in less-desirable areas - though of course these properties are likely to be more trouble to manage.
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