Investment Opportunity: Rental Properties for students

If you have always had an interest in entering the Costa Rican real estate market as an  investor, this information is for you!

There are several ways to invest in the market; It can be with lots, properties for development, productive farms, commercial premises and many more. But in this article we tell you all about investment opportunities in rental properties for students; a developing market with high demand in several areas of Costa Rica.

In Costa Rica the  real estate market is very diverse, it varies depending on the area. However, investors bet on safe opportunities, which regularly achieve the return on investment in a short time and significant profits in the future.

One of these investment opportunities are the properties near the country’s public universities. The market for these properties is in growing demand, as well as being stable over time. Investing in an apartment property in strategic areas such as San Pedro, Sabanilla, Heredia, Alajuela and Cartago, is an excellent way to invest wisely and very safely.

Rental properties for students are focused on a specific market (college students), which has specific needs that must be covered for at least a couple of years.

In Costa Rica, college education has evolved over time. There are many factors that can influence the residential movement of large populations. Viability, living costs and academic demands are some of the reasons why university students migrate to areas close to their educational centers.

But how to use this as an investment incentive?

To enter the real estate market you have to know how to choose the right property.  Not all lots are suitable for development and not all properties are attractive for rent.

First, you should research the real estate market and know the interests of potential tenants. It is not necessary to restrict yourself; If you do not live near the area where you want to invest, just consult a professional and walk through nearby neighborhoods to know the needs and demands of the market.

What you should be clear about is the final goal and think about the administration of the property; for this, contacting a specialized advisor in the area is the best solution.

Investing in the right property is key to succeeding with student rentals. This market does not need much space, but comfort and closeness.  Investing wisely requires proper preparation.

Just two blocks from the Tecnológico de Costa Rica, in the province of Cartago, is this property of 2 floors, with 5 apartments. On the first floor there are three apartments: 2 with two rooms of 55 m2 and 1 of a room of 45 m2.

While on the second floor it has two apartments: 1 main of 140 m2 with cellar and garage for one vehicle and 1 with two rooms of 60 m2.

This property features operating and maintenance costs for a profitable investment with positive cash flow. It is the perfect investment option to rent to students in a competitive market with high demand for rentals.

It is also represented by our specialized advisor Ciany Devoto, a highly trained professional, focused on investment and real estate market in the Cartago area and ready to help you at every stage of the process.