Real Estate Supply: How do Prices Behave?

About 60% of the apartments in the district of Santa Ana, Costa Rica, have prices per square meter that range from US$1,500 to US$2,000.

Wednesday, January 15, 2020

An analysis of the real estate supply by area, prepared by the Trade Intelligence Unit of CentralAmericaData, shows interesting results on the behavior and distribution of prices per square meter in the sector of Santa Ana, in the province of San José.

The analysis specifies that the prices per square meter (price/m2) of about 15% of the vertical housing properties in the sector range between $2,100 and $2,500. It also details that just over 20% of the apartments have 3 or 4 bedrooms.

Regarding the horizontal properties, the data indicate that the price/m2 of 6 of every 10 houses in the canton, oscillate between $1,100 and $1,700. The houses whose price/m2 is between $2,200 and $2,500, represent a little more than 7% of the total properties in the area.

In the case of land where no construction has yet been developed, also known as "green properties", it is estimated that the price/m2 of just over 40% of the total, ranges between $160 and $230.

CentralAmericaData has the most complete georeferenced information system of the real estate market, for all the countries of Central America and other cities of Latin America.

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In the canton of Santa Ana, Costa Rica, 55% of the people who express interest in apartments for sale have a high purchasing power and are between 25 and 44 years old.

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Latinamerica Title Co.

Latinamerica Title Co. is an agent of Chicago Title. Our company offers customers the most comprehensive and accurate title and escrow related services in the region, enhancing real estate transactions with a group of services that minimize the risk of investing in a foreign country.
Operates in Costa Rica and Panama
Phone: (506) 2256 9697 - (507) 830 5500

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