Vacancy rate of offices in Costa Rica 2023, by market

Published by Statista Research Department, Nov 24, 2023

Cartago reported the lowest vacancy rate for office real estate in Costa Rica in the second quarter of 2023. The vacancy rate for office real estate in Cartago was less than 13 percent, about seven percent below the average of the observed markets. In Heredia - the submarket with the largest office real estate inventory - about 18.2 percent of offices were vacant. East San Jose and Downtown San Jose had the highest vacancy rates, at over 20 percent. 

Vacancy rate of office real estate in Costa Rica in 2nd quarter 2023, by market

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Release date

August 2023

Region

Costa Rica

Survey time period

Q2 2023

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