Commercial Rent Increases in Costa Rica

Disclaimer: This guide provides general legal information for educational purposes only and does not constitute legal advice. Landlord-tenant laws change frequently. Always consult with a qualified attorney in Costa Rica for advice specific to your situation. Last verified: March 2026.

Renegotiations and Indexing

Generally, pre-agreed stipulations on fixed prices and increments are dictated with full freedom in leases categorized as mercantile-business, under interpretations that protect what is negotiated in the formal contract.

While a residential agreement tends to be capped by indexes like "MIVAH and inflation values" for interannual reviews in Colones, in non-residential matters, "Rent Escalation Clauses" are habitually indexed using agreed foreign indicators (like estimated US Federal Reserve annual inflation numbers) or fixed staggered step-ups (e.g., a pre-agreed 2% to 6% increase) regardless of inflation fluctuations.

For all cases where the price is set in US currency or another non-Colón currency, commercial price increases can be executed provided there is prior documented agreement.