Abstract This article aims to evaluate the emergence and evolution of the Costa Rican real estate market in order to unravel the context of the strong bond with the land and hence the slow acceptance of new residential vertical trends. The methodology consists of annual fieldworks between 2011 and 2017, a revision of some local antique urban photographs and a bibliographical review of Costa Rican, Brazilian and international Marxist authors, with the purpose of formulating a theoretical discussion to show how changes in the modes of production and the local economy strengthened the relationship between people and their land. A broad time frame is analyzed, from the colonial period until nowadays, in order to examine, how across the course of the evolution of the real estate market, the different forms of housing have adapted to preserve the strong attachment that the population has had for their land. Afterward, the issue of the recent emergence of luxury vertical buildings is addressed and a semantic analysis is done to examine the population´s response to the new residential proposal without access to open space. It is concluded the strong attachment to the land may be one of the main reasons for the slow acceptance of new vertical developments in Costa Rica, even though there might exist other factors.

Alajuela, Heradia, and Downtown San Jose were Costa Rica's largest industrial and logistics real estate markets. In the first quarter of 2024, Alajuela had about *** million square meters of the total *** million square meters of the country's industrial and logistics real estate inventory. Meanwhile, Heredia was the warehouse market with the expensive rent.

Discover the booming Commercial Real Estate market forecast to 2033! Analyze key growth drivers, regional trends (North America, Europe, Asia-Pacific), and leading companies shaping this multi-billion dollar industry. Explore market segmentation data and insightful projections for office, retail, industrial, multi-family, and hospitality sectors. Recent developments include: November 2022 - Colliers CAAC, a regional holding company, currently holding exclusive sublicenses for Central America, the Caribbean, and certain Andean countries from Colliers International announced the acquisition of a Costa Rican real estate consultancy., October 2022 - M&G Plc's real estate division acquired a prime office building in Yokohama for more than USD 700 million as the company continues to expand its portfolio in Japan. M&G Real Estate purchased the 21-story Minato Mirai Center Building on behalf of the company's M&G Asia Property Fund.. Key drivers for this market are: 4., Increase in Aging Population Driving the Market4.; Healthcare and Long-term Care Needs Driving the Market. Potential restraints include: 4., High Affordability and Cost of Care Affecting the Market4.; Staffing and Workforce Challenges Affecting the Market. Notable trends are: Office Markets to Witness Increased Growth.

Alajuela had the highest demand for industrial and logistics real estate across the major markets in Costa Rica in 2022. The net absorption, which measures the amount of space occupied minus the amount of space vacated during the year, was over ******* square meters in Alajuela. This was not a surprise, considering that it was also the market with the most inventory in the country.

The global commercial real estate market is experiencing robust growth, projected to maintain a compound annual growth rate (CAGR) exceeding 4% from 2025 to 2033. This expansion is driven by several key factors. Firstly, a sustained increase in urbanization and population growth, particularly in developing economies, fuels the demand for office spaces, retail outlets, and industrial facilities. Secondly, the ongoing shift towards e-commerce continues to propel demand for logistics and warehouse spaces, as businesses adapt to evolving consumer preferences and supply chain dynamics. Technological advancements in building management systems and property technology (PropTech) are further enhancing efficiency and attracting investment. Finally, favorable government policies aimed at stimulating economic growth and infrastructure development in many regions contribute to this positive market outlook. However, factors such as economic uncertainties, rising interest rates, and potential shifts in work patterns (e.g., hybrid work models) pose challenges to sustained growth. Despite these headwinds, the market shows resilience. The segment breakdown likely reveals a diverse landscape with varying growth rates across office, retail, industrial, and other property types. Key players like Brookfield Asset Management, Prologis, and Simon Property Group are strategically positioning themselves to capitalize on market opportunities through acquisitions, developments, and technological integrations. Regional variations are expected, with North America and Europe likely maintaining significant market shares while emerging markets in Asia and the Middle East exhibit strong potential for growth. A deeper analysis would need to incorporate specifics of the regional data and segment breakdowns to gain a more nuanced understanding of the market’s dynamics. The competitive landscape is intense, necessitating adaptability and innovation for sustained success in this dynamic sector. Recent developments include: November 2022 - Colliers CAAC, a regional holding company, currently holding exclusive sublicenses for Central America, the Caribbean, and certain Andean countries from Colliers International announced the acquisition of a Costa Rican real estate consultancy., October 2022 - M&G Plc's real estate division acquired a prime office building in Yokohama for more than USD 700 million as the company continues to expand its portfolio in Japan. M&G Real Estate purchased the 21-story Minato Mirai Center Building on behalf of the company's M&G Asia Property Fund.. Notable trends are: Office Markets to Witness Increased Growth.

Abstract This paper presents a methodology of analysis of external and internal factors that Brazilian residential real estate companies may consider at a strategic level in their decision-making process in order to be able to determine their scope of action. This article presents a SWOT analysis evaluating the elements to be considered in an internationalization process, using the specific case of Brazilian real estate companies targeting the Costa Rican residential market. The analysis led to the identification of 12 strengths and 10 weaknesses in the internal environment of companies, as well as 24 opportunities and 20 risks in the Costa Rican real estate market. The study was complemented by the appraisal if those elements by 11 important companies acting the Brazilian residential sector. The study concluded that a mapping of the generalities and particularities of the potential market to be explored, as well as of the economic factors, and the social-political and cultural characteristics of the country can guide residential real estate companies in their decision-making process, evaluating these conditions according to their strengths (skills and abilities) and weaknesses. In this study, the Brazilian companies interviewed were disinclined to a possible move to the target market due to its size, barriers in the financial system, the lack of any knowledge about this specific market and a lack of internal skills to expand their usual target markets.

Discover the booming Latin American commercial real estate market! Our analysis reveals a CAGR exceeding 4%, driven by urbanization and e-commerce. Explore key segments, top developers, and regional trends shaping this dynamic sector from 2019-2033. Invest wisely! Recent developments include: November 2022: Colliers CAAC, a regional holding company that currently holds exclusive sublicenses for Central America, the Caribbean and certain Andean countries from Colliers International, announced the acquisition of a Costa Rican real estate consultancy., January 2022: Colombian real estate startup Habi backed by SoftBank Group. acquired Mexican rival OKOL.. Notable trends are: Recovery in Premium Office Segment Boosting Commercial Real Estate Market in Latin America.

The average asking rent per square meter of warehouse and distribution real estate in Costa Rica was the highest in Heredia in the first quarter of 2024. Alajuela, the market with the most industrial real estate stock, had an average asking rent of *** U.S. dollars per square meter per month.

Costa Rica Number of Job Postings: Removed: Real Estate Rental and Leasing data was reported at 13.000 Unit in 14 Apr 2025. This records a decrease from the previous number of 19.000 Unit for 07 Apr 2025. Costa Rica Number of Job Postings: Removed: Real Estate Rental and Leasing data is updated weekly, averaging 0.000 Unit from Jan 2008 (Median) to 14 Apr 2025, with 902 observations. The data reached an all-time high of 73.000 Unit in 07 Nov 2022 and a record low of 0.000 Unit in 30 Aug 2021. Costa Rica Number of Job Postings: Removed: Real Estate Rental and Leasing data remains active status in CEIC and is reported by Revelio Labs, Inc.. The data is categorized under Global Database’s Costa Rica – Table CR.RL.JP: Number of Job Postings: Removed: by Industry.

Costa Rica Number of Job Postings: Active: Real Estate Rental and Leasing data was reported at 69.000 Unit in 05 May 2025. This records a decrease from the previous number of 76.000 Unit for 28 Apr 2025. Costa Rica Number of Job Postings: Active: Real Estate Rental and Leasing data is updated weekly, averaging 0.000 Unit from Jan 2008 (Median) to 05 May 2025, with 905 observations. The data reached an all-time high of 183.000 Unit in 11 Nov 2024 and a record low of 0.000 Unit in 05 Jul 2021. Costa Rica Number of Job Postings: Active: Real Estate Rental and Leasing data remains active status in CEIC and is reported by Revelio Labs, Inc.. The data is categorized under Global Database’s Costa Rica – Table CR.RL.JP: Number of Job Postings: Active: by Industry.

Comprehensive Airbnb dataset for Jacó, Costa Rica providing detailed vacation rental analytics including property listings, pricing trends, host information, review sentiment analysis, and occupancy rates for short-term rental market intelligence and investment research.

Less than *** percent of Costa Rica's industrial and logistics real estate stock was vacant in the first quarter of 2024, but this share varied widely across different markets. Alajuela, the country's market with the most inventory, had a vacancy rate of about *** percent. In Heredia, the country's market with the highest warehouse rent, about ***** percent of the space was vacant.

Comprehensive Airbnb dataset for Cahuita, Costa Rica providing detailed vacation rental analytics including property listings, pricing trends, host information, review sentiment analysis, and occupancy rates for short-term rental market intelligence and investment research.

Comprehensive Airbnb dataset for Cóbano, Costa Rica providing detailed vacation rental analytics including property listings, pricing trends, host information, review sentiment analysis, and occupancy rates for short-term rental market intelligence and investment research.

The Costa Rican market for bearing housings incorporating ball or roller bearings was finally on the rise to reach $515K in 2024, after two years of decline. Overall, consumption, however, recorded a abrupt decline. As a result, consumption reached the peak level of $1.9M. From 2022 to 2024, the growth of the market failed to regain momentum.

Comprehensive Airbnb dataset for Sardinal, Costa Rica providing detailed vacation rental analytics including property listings, pricing trends, host information, review sentiment analysis, and occupancy rates for short-term rental market intelligence and investment research.

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Alajuela accounted for about ********* of the total industrial and logistics real estate under construction in Costa Rica in 2023. About ****** square meters were under construction in Alajuela throughout the whole year. Heredia, the market with the lowest vacancy rate ranked second to last, with ****** square meters of new supply.

Comprehensive Airbnb dataset for Bahía Ballena, Costa Rica providing detailed vacation rental analytics including property listings, pricing trends, host information, review sentiment analysis, and occupancy rates for short-term rental market intelligence and investment research.

Costa Rica Air Pollutant Emissions: Carbon Dioxide: Tonnes of CO2 Equivalent: Industry: Real Estate Activities data was reported at 1,498.469 Tonne in 2021. This records an increase from the previous number of 1,063.046 Tonne for 2020. Costa Rica Air Pollutant Emissions: Carbon Dioxide: Tonnes of CO2 Equivalent: Industry: Real Estate Activities data is updated yearly, averaging 1,443.754 Tonne from Dec 2017 (Median) to 2021, with 5 observations. The data reached an all-time high of 5,175.991 Tonne in 2017 and a record low of 1,063.046 Tonne in 2020. Costa Rica Air Pollutant Emissions: Carbon Dioxide: Tonnes of CO2 Equivalent: Industry: Real Estate Activities data remains active status in CEIC and is reported by Organisation for Economic Co-operation and Development. The data is categorized under Global Database’s Costa Rica – Table CR.OECD.ESG: Environmental: Air Pollutant Emissions: Carbon Dioxide: by Industry: OECD Member: Annual.