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Condominium

CondominiumReal Estate

This an update of the general guidelines issued by the Department of Health for condominiums in response of the COVID 19 pandemic. This is applicable to both commercial and residential condominiums. This is the sixth version of the guidelines issued on May 12th, 2020. The following text is an extract

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purchasing process real estate costa rica
CondominiumPropertyReal Estate

When purchasing a property you want to make sure you are not buying into a problem. Sadly, there are enough stories out there about bad real estate deals. Most of the time people act with lack of knowledge. A significant challenge in Costa Rica is that there is no mandatory

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4th Version Of The General Guidelines For Condominiums Due To Health Alert Triggered By Coronavirus (Covid-19)
CondominiumReal Estate

On April 7th, 2020, the Ministry of Health published the latest version of these guidelines applicable to commercial and residential condominiums, as part of the preventative measures and mitigative actions issued following the COVID-19 alert. As mentioned in our previously published communication regarding these guidelines, they will be reviewed periodically, and

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March 27th version of the General guidelines for Condominiums
CondominiumReal Estate

On March 27th, 2020, the Department of Health published the latest version of the guidelines applicable to commercial and residential condominiums, as part of the preventive and mitigation actions dictated for addressing the alert by COVID-19. As mentioned in our previous communication published regarding these guidelines, they will be reviewed periodically, and the

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CondominiumPropertyReal Estate

The Condominium Property Law was born at a time when real estate developments were simpler: often a simple conversion of a building with a few residential apartments translated in the birth of a condo. Much things have changed since then. The market is much more demanding nowadays, people changing needs

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CondominiumPropertyTaxes

The new Law on Value Added Tax, effective on July 1st, 2019 will tax all services, except those that the same law declares as exempt. Section 2 of the Law, defines as services “any operation that does not have the consideration of transfer or import of goods “. Does this

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CondominiumPropertyReal Estate

The number of square meters built as condominiums grew almost seven times in the last decade, according to data from the Costa Rican Chamber of Construction, since the total area used for housing in 2000, 13% were condominiums and the rest, single-family options. Meanwhile, already for 2009, the condominiums represented

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