Property Prices in Alajuela, Costa Rica

Index Info
Price to Income Ratio: 6.76
Mortgage as Percentage of Income: 86.55%
Loan Affordability Index: 1.16
Price to Rent Ratio - City Centre: 10.55
Price to Rent Ratio - Outside of Centre: 9.55
Gross Rental Yield (City Centre): 9.48%
Gross Rental Yield (Outside of Centre): 10.48%

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Rent Per Month
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Apartment (1 bedroom) in City Centre 346,990.27 ₡ 180,000.00-510,970.82
Apartment (1 bedroom) Outside of Centre 242,194.16 ₡ 120,000.00-306,582.49
Apartment (3 bedrooms) in City Centre 505,119.72 ₡ 300,000.00-715,359.15
Apartment (3 bedrooms) Outside of Centre 533,045.27 ₡ 475,000.00-613,164.99
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 67,818.65 ₡ 42,735.04-92,902.27
Price per Square Feet to Buy Apartment Outside of Centre 51,560.76 ₡ 33,444.82-69,676.70
Salaries And Financing
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Average Monthly Net Salary (After Tax) 475,000.00 ₡
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 11.50 8.00-15.00

These data are based on 21 entries in the past 18 months from 4 different contributors.
Last update: December 2023

Sources and References
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