Costa Rica: good returns for landlords in Costa Rica

November 07, 2022

Last Updated: Oct. 03, 2022
SAN JOSÉ - Apartments COST ($) YIELD (p.a.)
TO BUY MONTHLY RENT
San José
1-Bedroom $150,000 $850 6.80%
2-Bedroom $195,000 $1,100 6.77%
3-Bedroom $380,000 $2,100 6.63%
4+Bedroom $579,000 $2,500 5.18%
Mata Redonda
1-Bedroom $150,000 $850 6.80%
2-Bedroom $210,000 $1,100 6.29%
3-Bedroom $339,000 $2,200 7.79%
4+Bedroom $650,000 $2,650 4.89%
San José avg. Rental Yields 6.39%
CURRIDABAT - Apartments COST ($) YIELD (p.a.)
TO BUY MONTHLY RENT
Curridabat (all locations)
1-Bedroom $142,000 $750 6.34%
2-Bedroom $165,000 $950 6.91%
3-Bedroom $175,000 $960 6.58%
4+Bedroom $320,000 $1,400 5.25%
Curridabat (all locations) avg. Rental Yields 6.27%
ESCAZÚ - Apartments COST ($) YIELD (p.a.)
TO BUY MONTHLY RENT
Escazú (all locations)
1-Bedroom $210,000 $900 5.14%
2-Bedroom $260,000 $1,200 5.54%
3-Bedroom $398,750 $1,800 5.42%
4+Bedroom $680,000 $3,000 5.29%
Escazú (all locations) avg. Rental Yields 5.35%
SANTA ANA - Apartments COST ($) YIELD (p.a.)
TO BUY MONTHLY RENT
Santa Ana (all locations)
1-Bedroom $145,000 $875 7.24%
2-Bedroom $162,000 $1,000 7.41%
3-Bedroom $240,000 $1,200 6.00%
4+Bedroom $525,000 $2,300 5.26%
Santa Ana (all locations) avg. Rental Yields 6.48%
HEREDIA - Apartments COST ($) YIELD (p.a.)
TO BUY MONTHLY RENT
Heredia (all locations)
Studio $66,071 $367 6.67%
1-Bedroom $115,000 $850 8.87%
2-Bedroom $135,000 $850 7.56%
3-Bedroom $139,000 $850 7.34%
4+Bedroom $310,000 $1,400 5.42%
Heredia (all locations) avg. Rental Yields 7.30%
All yields are gross - i.e., before taxes, repair costs, ground rents, estate agents fees, and any other costs. Net yields (what you´ll really earn) are typically around 1.5% to 2% lower.
Source: Global Property Guide Definitions: Data FAQ See also: Update Schedule

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There are good rental returns to be had in Costa Rica. San Jose houses generate on average 6.39% returns - surprisingly good!

Apartments in Curridabat, Escazú, Heredia, and Santa Ana generate from 5.35% to 7.30% returns.

Our research concentrates on the market´s higher end. Rental returns are likely to be higher on smaller properties in less desirable areas.