With the rise of e-commerce and the expansion of logistics companies, warehouses for sale and lease in Costa Rica have become a key asset for investors and business owners. If you’re evaluating storage options or looking for a stable investment, it’s crucial to understand how this market works, what factors influence pricing, and what the current trends are.
In this article, we analyze the warehouse market in Costa Rica, providing key data and recommendations to help you make the best decision.
The Warehouse Market in Costa Rica: Key Insights
Costa Rica has seen significant growth in demand for logistics spaces, driven by:
E-commerce expansion: According to the Costa Rican Chamber of Commerce, online sales grew by 30% in 2023, increasing the need for strategically located warehouses.
Foreign investment: International companies are setting up distribution centers in areas like Alajuela, Heredia, and the GAM (Greater Metropolitan Area).
Low vacancy rates: Data from Colliers Costa Rica indicates that high-quality warehouse availability is limited, with a vacancy rate below 7%.
Pricing and Key Value Factors
The cost of a warehouse in Costa Rica depends on:
✅ Location: Areas near major highways (General Cañas Highway, Circunvalación) and airports command higher prices.
✅ Size and ceiling height: Warehouses with high ceilings (+8m) are ideal for efficient logistics.
✅ Infrastructure: Spaces with 24/7 security, loading docks, and integrated offices are in higher demand.
Buying vs. Leasing a Warehouse in Costa Rica
Advantages of Buying
🔹 Property appreciation: Warehouse values in logistics zones continue to rise.
🔹 Full control: Customize the space to your needs without landlord restrictions.
🔹 Long-term profitability: Generate additional income by leasing out unused space.
Advantages of Leasing
🔸 Financial flexibility: Ideal for SMEs that don’t want to commit to ownership.
🔸 Lower operational costs: Maintenance is typically the owner’s responsibility.
🔸 Access to prime locations: Operate in key logistics corridors without a large upfront investment.
2025 Market Trends
Last-Mile Warehouses: Compact spaces in the GAM for fast e-commerce deliveries.
Warehouse Technology: Growing demand for automated and robotic storage systems.
Free Trade Zones: Tax incentives attract businesses to areas like Coyol (Alajuela) and Liberia.
Conclusion: Is Now a Good Time to Invest?
The warehouse market in Costa Rica offers strong opportunities, especially with the growth of logistics and retail. If you’re considering buying or leasing, evaluate:
Your budget and operational needs.
Strategic location based on your industry.
Expert advice to find the best space.
📌 Need Help Finding the Perfect Warehouse?
At CENTURY 21 PRISMA, we provide tailored solutions for your business.