Thursday, 3 December 2020

Real Estate Investments: Where are the Most Profitable?

In Costa Rica, it is estimated that rental housing with the best rates of return can be found in Escazú, Santa Ana, Sabana, Rohrmoser and the North of Heredia.

In the case of offices, the areas of Belén, Anillo Periférico Norte, Santa Ana, Escazú, Curridabat, San Pedro and Escalante are the places that stand out for good investment. Photo: Rafael Pacheco / El Finenciero

Estimates from Colliers International Costa Rica detail that in the case of commercial warehouses, the areas close to the Airport, the Coyol in Alajuela, and the Uruca, Heredia, Valencia, Lagunilla, San Francisco and Ochomogo (between San Jose and Cartago), are the areas with the best profitability.

- Advertisement -

In offices in Belen, Anillo Periférico Norte, Santa Ana, Escazú, Curridabat, San Pedro and Barrio Escalante are the best areas to invest.

Randall Fernández, Colliers’ manager, explained to Elfinancierocr.com that “… housing for rent are the ones that are having the lowest returns, because of oversupply and because they have the highest maintenance costs.”

The article reviews that “… In general terms, a house to rent can be yielding returns between 5.7% and 6.5%. In the case of offices, returns are higher, between 8.50% and 10%. However, the supply of offices in the country is limited. Warehouses have utilities ranging from 7.5% to 8.5%, depending on where they are located.”

- Advertisement -
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

ECLAC: Foreign investment in Latin America will fall around 50% in 2020

QCOSTARICA - The Economic Commission for Latin America and the Caribbean...

Costa Rica wants to attract foreign pensioners and rentiers

QCOSTARICA - The minimum amount of capital investment that a foreign...

MOST READ

Carlos Alvarado and Claudia Dobles working from home after having ‘indirect’ contact with a person with covid-19

QCOSTARICA - Costa Rica President, Carlos Alvarado, and his wife, Claudia Dobles, are working from after having had “indirect” contact with a person with...

The global airline with no passengers, no cargo and flies just one way

(CNN) — The team at Jet Test and Transport runs a global airline -- but the planes fly on a one-way trip without passengers...

Government makes clear its disinterest in regulating Uber

QCOSTARICA - The government of Carlos Alvarado has no intention of entering into the discussion about the regulation of the provision of private paid...

Astra Zeneca looking to fill 60 jobs in Costa Rica

QCOSTARICA - The biopharmaceutical company, AstraZeneca, is looking to fill 60 jobs in its new headquarters in Escazú. With these new positions, it is expected...

Mexico received a request for the sanitary registration of the vaccine from BioNtech / Pfizer

Q24N - The alliance of Germany's BioTech, which developed the vaccine against COVID-19, and the Pfizer consortium have delivered documents to the Commission for...

minimize the risks of contagion of covid-19 this end of the year

QCOSTARICA - You cannot cover the sun with one finger and look the other way: there will be get-togethers and parties this end of...

Let's Keep This Going!

To be updated with all the latest news and information about Costa Rica and Latin America.

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.