Tuesday 28 September 2021

Costa Rica Investors Like Bricks and Mortar

Paying the bills

Latest

Vaccination against covid-19 will be mandatory for public employees

QCOSTARICA - Vaccination against covid-19 will be mandatory for...

Businesses will lose permits on third violation due to parties or capacity

QCOSTARICA - The Ministry of Health announced this Tuesday...

Vehicle restrictions to continue to October 15

QCOSTARICA - This Tuesday afternoon the government announced that...

Panama will vaccinate tourists

Q24N - Non-immunized tourists visiting Panama will receive the...

End of 2021 would be the beginning of a “good” high season in tourism

QCOSTARICA - The end of 2021 would mark the...

Costa Rica 4th Latin American country best prepared to develop high-impact ventures

QCOSTARICA - Costa Rica is the fourth best ecosystem...

CCSS applied 195,598 first doses of vaccine against covid-19 during the Vaccination

QCOSTARICA - The vaccination teams of the Caja Costarricense...
Paying the bills

Share

El Tobogan Corporate Center

QBUSINESS – Stable returns is the main characteristic of real estate funds which in Costa Rica have shown annualized growth of 26% in their net assets.

An article in Nacion.com reports that “… Real estate funds spent US$284.2 million dollars on the acquisition of 32 buildings between April 2016 and March 2017. As of March, net assets managed by the seven investment fund management companies (SAFI) amounted to ¢754,255 million colones, after a year-on-year increase of 26%, according to the Superintendency of Securities (Sugeval).”

- Advertisement -

Investors’ appetites are evident not only in the growth of SAFIs’ assets through the purchase of properties, but also in the growing number of registered investors, reaching 8,187, highlighting in March 2016 the registration of 600 new accounts.

“… Total yields in the last 12 months reached 6.61% (in dollars), only 0.54 percentage points below what was observed a year ago. This profitability is equivalent to the total return obtained by rents and capital gains from real estate. On the other hand, net yield (also of the last 12 months) is generated only by the leases, and reached 8.53%.”

- Advertisement -
Paying the bills
Ricohttp://www.theqmedia.com
"Rico" is the crazy mind behind the Q media websites, a series of online magazines where everything is Q! In these times of new normal, stay at home. Stay safe. Stay healthy.

Related Articles

Vaccination against covid-19 will be mandatory for public employees

QCOSTARICA - Vaccination against covid-19 will be mandatory for all public...

Businesses will lose permits on third violation due to parties or capacity

QCOSTARICA - The Ministry of Health announced this Tuesday that it...

Subscribe to our stories

To be updated with all the latest news, offers and special announcements.

Log In

Forgot password?

Forgot password?

Enter your account data and we will send you a link to reset your password.

Your password reset link appears to be invalid or expired.

Log in

Privacy Policy

Add to Collection

No Collections

Here you'll find all collections you've created before.