Commercial Real Estate Bubble…

Home Forums Costa Rica Living Forum Commercial Real Estate Bubble…

Viewing 1 post (of 1 total)
  • Author
    Posts
  • #164907
    Andrew
    Keymaster

    Two years ago, commercial property prices in good locations in Alajuela were selling for $30 – $40 per M2 now?

    Around US$250 M2

    San Pedro de Montes de Oca? $800 – $1.000
    Curridabat $600 – $800
    Zapote $400 – $600
    Escazú $350 – $410
    Santa Ana $200 – $400
    Heredia $300 – $350

    Spanish article at: [ http://www.elfinancierocr.com/ef_archivo/2012/abril/01/enportada3114607.html ]

    All good things come to an end – even commercial real estate prices, but when?

    Again, remembering that this is commercial real estate and NOT residential, with high prices like these, surely at some stage the companies that have been offshoring their operations here will decide that the cost savings aren’t quite what they thought they were going to be…

    What do you think?

    [img]https://www.welovecostarica.com/public/images/Zonas-Calientes-M.jpg[/img]

Viewing 1 post (of 1 total)
  • You must be logged in to reply to this topic.