In a continuously growing real estate market, warehouses and flex spaces (known as ofibodegas in Spanish) in Costa Rica have become one of the most profitable options for investors seeking stable, high-yield assets. With the rise of e-commerce, logistics, and nearshoring, demand for industrial and flexible spaces has increased significantly, offering attractive returns and low volatility.
In this article, we’ll explore why investing in warehouses and flex spaces in Costa Rica is a smart decision, current local market trends, and how to maximize your return on investment.
Why Invest in Warehouses and Flex Spaces in Costa Rica?
Growth of E-commerce and Logistics
The rise of online shopping in Costa Rica has driven the need for distribution and storage centers. Companies like Amazon, Mercado Libre, and local retailers require strategic spaces to optimize their operations, increasing warehouse demand.
Higher Returns Than Other Property Types
Warehouses and flex spaces in Costa Rica offer annual returns between 7% and 12%, outperforming residential properties (3–5%) and office spaces (5–7%). Additionally, leases are typically mid to long term, ensuring stable income.
Flexible Use (Flex Spaces)
Flex spaces combine office and warehouse areas, attracting SMEs, logistics companies, and startups. This versatility helps reduce vacancy rates and makes them more appealing to tenants.
Strategic Locations
Costa Rica has key logistics zones near:
Moín and Caldera ports (imports/exports)
Juan Santamaría Airport (fast logistics)
Industrial corridors (Alajuela, Heredia, Cartago)
Proximity to these areas increases warehouse value and makes leasing easier.
Market Trends in Costa Rica
📍 Nearshoring: A Prime Opportunity for Investors
Costa Rica is a top destination for nearshoring (relocation of companies), especially in sectors like:
Technology and manufacturing (Intel, Amazon, Pfizer)
Distribution and logistics (companies seeking storage closer to the U.S.)
This has driven increased demand for modern warehouses and flexible spaces.
📍 Smart Warehouses and Automation
Companies are seeking warehouses with:
Inventory management systems
RFID and robotics technology
High-bay storage (automated racking)
Investing in properties adaptable to these technologies boosts long-term value.
📍 Sustainability in Industrial Spaces
Warehouses with LEED or EDGE certifications (energy efficiency) are more attractive to companies with ESG policies. Key sustainable features include:
Solar panels
LED lighting systems
Waste management and recycling programs
How to Maximize Your Return on Investment
✅ Invest in strategic locations (near ports, airports, or industrial corridors)
✅ Offer flexible spaces (flex warehouses for SMEs and startups)
✅ Modernize facilities (tech upgrades and sustainability features)
✅ Diversify your portfolio (small warehouses for e-commerce, large for logistics)
Warehouses and flex spaces in Costa Rica represent an investment opportunity with solid returns, driven by the growth of e-commerce, nearshoring, and demand for efficient logistics spaces. Investing in key locations and adapting to tech and sustainability trends can guarantee high long-term returns.
Looking to invest in warehouses in Costa Rica?
Get advice from industrial real estate experts to find the best opportunity.
At CENTURY 21 PRISMA, we offer tailor-made solutions for your business.
Contact us today!
📞 Phone: (506) 8823.3139
📧 Email: info@century21prisma.com
🌐 Visit our website: https://www.century21prisma.com/
