Financing Options

Financing Available For:

  • Homes
  • Land
  • Condominiums
  • Construction
  • Commercial
  • Project Developement

Condominium Loans

Just when you thought there was no way to finance your condo, we have the solution! Now you can find mortgage and financing experts at your fingertips. In 3 easy steps you will be on your way to obtaining a loan.

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When US citizens think of Condominiums, they normally think of large apartments or townhouses. In Costa Rica, however, there is a specific law called "Condominium Law" that provides certain benefits to developers of many different types of properties, including single family residence projects, finished lot projects, condos, etc. This set of laws allows a developer to restrict and regulate certain aspects of the development. Each Condominium developments has its own by-laws containing all of the restrictions, limitations and privileges that can be enjoyed by individuals who purchase a property in such a development. Ownership of property "in condominium" is fee simple ownership, but usually carries with it a few additional restrictions set forth by the developer. It is advised that you require the owner of the property to give you a copy of the by-laws to check for architectural guidelines, land use restrictions, and other limitations that may be placed on your property. Most often, developers use the condominium laws to allow them to build private roads in a development and set architectural guidelines. For the most part, condominium laws are designed to protect the integrity of a development and maintain the "look and feel" of the project.

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