The analysis of the costs of building offices in Costa Rica must be continuous, since it is a critical item for the attraction of investment and the physical growth of companies.
Costa Rica has great potential and multinationals continue to see Costa Rica as a strategic point in their global growth plans, not only as a market, but as a point of headquarters services and production with highly qualified labor and with great development potential.
Offices today must be versatile, not only for their clients but for their collaborators. At Nativu Comercial & Desarrollo we advise our clients in updating the latest trends in workspaces to maximize efficiency and costs with better strategic results.
NATIVU Commercial, Industrial & development, Nativu Comercial & Desarrollo Advisor 
Costs of building offices in Costa Rica
The cost of building offices in Costa Rica is not the lowest in the region, but it presents a lot of opportunity with a robust and varied constructive offer. In this case, it summarizes the total cost of office conditioning per square meter, that includes professional fees, construction, accessories and furniture, as well as IT equipment such as servers, PCs, and monitors among others.
Costs of building offices in Costa Rica:
- Efficient $803.00
- Standard $1,190.00
- Premium $2,050.00
Comparing costs of building offices in Costa Rica and Latin America
Comparing costs of building offices in Costa Rica and Latin America
The values in the table correspond to an estimate of values in USD per square meter. Based on a parametric estimation methodology, representative samples of prices have been taken in each of the markets.
Average costs of building offices in Costa Rica
What are “hard” costs?
This is the name given to the building materials associated with the actual construction of the project. These may include:
- Materials for the construction project: wood, steel, glue, roofing, screws…
- Construction site: utilities, cement, security systems, leveling, paving, ventilation…
- Landscaping costs: trees, grass, gazebos, outdoor furniture…
- Interior: wallpaper, paint, ornaments, fire alarm, sprinklers and other related systems.
- LEED certification for commercial real estate projects.
What are “soft” costs?
These are indirectly related to materials, labor or physical construction of the project. They can continue long after the work has been completed, as they are ongoing and regular maintenance and insurance costs. These may include:
- Architectural, design and other fees
- Land, permits, inspections
- Rentals, equipment and tools
- Loans, accounting, finance and insurance
- Advertising, marketing and public relations
- LEED Certification
- Post-construction soft costs
Costa Rica’s potential as a venue represents an opportunity for many investors and entrepreneurs. Although this evaluation is continuous and varies according to market changes, having a base point can be critical when investing and building offices in Costa Rica.
Do not hesitate to see our property portfolio throughout the Costa Rican territory to learn more about excellent investment opportunities and commercial development.
