Costa Rica: Prices for houses in condominiums up 23%

Prices for houses in condominiums have risen by 23% in the last three months. The price increase of around 270 dollars per square meter mainly affects thecities ofSan José, Heredia, Alajuela and Cartago. Real estate agents attribute the price increase primarily to the short supply ofhousesin condominiums. Another factor is the bureaucracyduringthe construction phase (permits, […]