Costa Rica - Real Estate Lawyers & Law Firms - Latin America - Chambers and Partners
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Latin-America Guide

Real Estate — Costa Rica


BLP - Real Estate Department

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Band 1

第一等

Chambers Commentary (based on the Chambers research)

Basic facts about the department
- Head of department: Luis Manuel Castro
- 4 partners
- 11 other qualified lawyers

What the team is known for Revered multidisciplinary powerhouse with market-leading capabilities in the real estate arena. Advises an impressive list of local and international developers, lenders, landlords and tenants on the construction, financing and development of large-scale real estate projects. Main areas of expertise span due diligence processes, joint ventures, sales and purchases, concessions and condominium projects. Represents an array of multinational companies from the construction, retail and hospitality sectors in cross-border transactions.

Strengths One client says: "BLP is one of the best firms in Costa Rica due to its ability to handle the entire scope of real estate and corporate matters. The lawyers are highly specialised and responsive, and deliver an excellent client service."

Another client describes the team as "outstanding, professional and responsive" adding: "The lawyers draft documents and answer emails quickly."

Work highlights Advised Sambaya on the structuring, development and financing of the AZURA Beach Resort. The transaction was valued at an estimated USD10 million.

Counsel to Guanacaste Development on all matters regarding the construction of two luxury hotels.

Significant clients Cargill, Desarrolladores 506, Las Catalinas, Paladin Realty Partners, H Solís Inmobiliaria.

Notable practitioners

The "extraordinary" Luis Manuel Castro heads the firm's real estate department and is regarded as a leading lawyer in this space. He is deeply respected by clients, who describe him as "an exceptionally talented and skilled real estate lawyer." They also consider him "service and business oriented," commending his "availability and willingness to see the transaction through." One source adds: "He is a wonderful individual and I appreciate his temperament and personality," and goes on to say: "He is a great resource for us and knows how to structure deals."

Eduardo Calderón is admired by clients for his prowess in the real estate arena. One interviewee states: "I have tremendous respect for him," and continues: "He is very proactive and has a solid understanding of the client's needs. He not only listens and executes accordingly but also identifies alternative approaches and proposes innovative solutions."

Up-and-coming partner Anneth Jiménez is endorsed by market sources, who deem her "an outstanding lawyer with great attention to detail." They add: "She manages multimillion-dollar transactions with professionalism."

Associate Andrea González regularly advises clients on due diligence processes, project finance, land entitlement matters and adverse possession cases. She also focuses her practice on M&A.

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About the Team (content provided by BLP)

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EY Law - Real Estate Department

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Band 1

第一等

Chambers Commentary (based on the Chambers research)

Basic facts about the department
- Head of department: Alejandro Antillón
- 2 partners
- 9 other qualified lawyers

What the team is known for Renowned department handling a range of high-end transactions in this space. Offers comprehensive services spanning a variety of areas such as the design, structuring and construction of complex real estate projects. Expertise also extends to due diligence processes and land acquisitions, with particular emphasis on condominium projects. Acts for key names in the construction and hospitality sectors, as well as foreign and domestic developers. Regularly collaborates with its environmental and tax teams.

Strengths Clients are impressed with the firm's service, saying: "Pacheco Coto is a first-class firm with highly experienced and professional lawyers who provide a range of options for the issues at hand. They are objective, diligent and put themselves in the client's shoes whilst maintaining an unbiased and varied view of matters."

One source adds: "The lawyers are very punctual, solid and always available to speak whether by the phone or in person, and even on the weekend. They provide accurate, up-to-date and broad advice and offer great expertise in a variety of areas."

Work highlights Advised Marvin M. Schwan Charitable Foundation on the sale of the Peninsula Papagayo project, worth approximately USD250 million.

Significant clients Grupo Roble, DWL, Decameron, Hotelera Los Altos, RC Inmobiliaria.

Notable practitioners

"Insightful leader" Alejandro Antillón remains a standout practitioner in the real estate arena, where he is described by clients as "a fantastic lawyer with great communication skills who is very well versed in both US and Costa Rican law." They go on to characterise him as "a very intelligent, available, knowledgeable and super diligent lawyer," adding: "He understands how to handle different situations and can be elegant and diplomatic while still defending his clients' interests." Another source says: "He is a very solution-oriented lawyer who delivers excellent client service."

Star associate Alvaro Leiva Escalante comes recommended by clients and peers alike for his strong focus on real estate matters. Interviewees describe him as "an experienced lawyer," and commend his "timely responses and deep and accurate knowledge of the real estate and regulatory arenas."

Freddy Fachler offers wide-ranging experience in a variety of real estate matters. Sources also note his expertise in the finance field.

About the Team (content provided by EY Law)

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Consortium Legal - Real Estate Department

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Band 2

第二等

Chambers Commentary (based on the Chambers research)

Basic facts about the department
- Heads of department: Rolando Laclé Zuñiga, Juan Manuel Cordero Esquivel and David Reuben
- 4 partners
- 14 other qualified lawyers

What the team is known for Admired practice advising a broad range of local and international clients. Offers counsel on a range of sector issues such as land acquisition, financings and due diligence processes. Client list includes private individuals and companies from the construction, retail and energy sectors.

Strengths Clients note the firm's "prestige and experience in Costa Rica," and go on to describe the lawyers as "super-efficient and always available."

Work highlights Advised Walmart on the acquisition of ten properties. The total value of the transactions was USD5 million.

Significant clients Constructora Brenes y Salas, Cuestamoras, APM Terminals, Globeleq, BCR SAFI.

Notable practitioners

Department co-head Juan Manuel Cordero Esquivel has considerable experience in the real estate sphere. Sources note his involvement in the market, with clients stating: "His service has been impeccable."

Rolando Laclé Zúñiga is recognised by market sources for his capabilities in real estate related-financings. Clients say: "He is super-efficient and his English is perfect. He is able to put his clients at ease, and offers vast experience in commercial conciliation matters."

Clients value David Reuben's advice, saying: "He provides us with a comprehensive service and is available 24/7." His additional areas of focus span corporate law, finance and M&A transactions.

About the Team (content provided by Consortium Legal)

The real estate law practice of Consortium Legal is recognized for providing advice on complex and sophisticated transactions. With an extraordinary specialty in purchases, sales and rentals, residential and corporate real estate developments, including financing structuring.

We have vast experience providing  services such as:

  • Analysis and formalization of agreements between partners
  • Registry and cadastral survey of real estate properties
  • Planning of the legal/fiscal sales strategy for the real estate project
  • Support in the mandatory administrative proceedings in order to obtain the licenses, permits and others required for the due operation and development of the real estate project
  • Formalization of agreements with project contractors
  • Legalization of bridging loans, escrows, surrounding the Real Estate project
  • Establishment of a horizontal property regime, as a condominium or any other required, and outlining their corresponding regulations.
  • Assistance in drafting Trust Agreements, as a means of planning, managing funds and real estate structures.

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Dentons Muñoz - Real Estate Department

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Band 2

第二等

Chambers Commentary (based on the Chambers research)

Basic facts about the department
- Head of department: Eduardo Zúñiga
- 4 partners
- 8 other qualified lawyers

What the team is known for Experienced team with proven capabilities in handling land acquisitions, urban regulations, due diligence processes and litigation. Clients predominantly include foreign and domestic companies working across the construction and retail arenas. Draws on its strong knowledge of the tax, environment and regulatory spheres to enhance its real estate offering.

Strengths Clients are impressed with the team, describing its lawyers as "very responsive, highly efficient and very proactive."

Work highlights Provided counsel to Fyffes in connection with its 100% acquisition of an 800-hectare pineapple plantation.

Significant clients CondoMío, C&M, ConstruReal, Hilton Hotels, Fundación Rutas Naturbanas.

Notable practitioners

The "very knowledgeable" Eduardo Zúñiga receives ample recognition from market commentators, who label him "very practical and always available." They go on to add: "He is always able to keep his cool, and he provides very thoughtful and insightful advice in difficult situations."

Partner Pedro Muñoz is a very well-known name in the Costa Rican legal market. Sources hold him in high esteem and describe him as "a very solid professional."

About the Team (content provided by Dentons Muñoz)

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Sfera Legal - Real Estate Department

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Band 2

第二等

Chambers Commentary (based on the Chambers research)

Basic facts about the department
- Heads of department: Rafael Cañas, Robert van der Putten and Jose Pablo Arce
- 4 partners
- 7 other qualified lawyers

What the team is known for Admired real estate department advising across the spectrum of sector issues, with particular strength in the sale and purchase of land, project finance, due diligence and litigation. Expertise also extends to tax planning, debt restructuring and environmental law. Acts for local and international developers, private individuals, hotels and financial institutions.

Strengths One client attests: "I couldn't be more pleased with the level of service and professionalism that I have received from this firm."

Work highlights Advised Grupo Luko on the structuring and development of a high-end apartment building in Sabana Oeste.

Significant clients Florblanca Resort, Sirenis Hotels & Resorts, Hotel Club del Mar, Xandari Resort and Spa, Los Altos de Eros Boutique Hotel & Spa.

Notable practitioners

Rafael Cañas receives widespread praise from interviewees, who label him "commercial, pragmatic, creative, speedy and very aware." They also say: "He is well versed in real estate law and has an excellent command of the English language."

Co-head of department Robert van der Putten offers expertise in the real estate arena. Clients highlight his knowledge and experience in the Costa Rican legal market, and he is also well recognised for his practice in dispute resolution.

About the Team (content provided by Sfera Legal)

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Zürcher, Odio & Raven - Real Estate Department

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Band 2

第二等

Chambers Commentary (based on the Chambers research)

Basic facts about the department
- 1 partner
- 1 other qualified lawyer

What the team is known for Compact practice with a notable presence in the real estate market. Offers particular expertise in the structuring, financing and development of complex projects. Additional strength in due diligence, condominium issues and urban planning. Client roster comprises lenders, developers and hotels, as well as companies operating in the pharmaceutical and financial services sectors.

Strengths Sources commend the team's "responsiveness, knowledge and ability to meet deadlines."

Notable practitioners

Alberto Raven Odio is described as "a tremendous lawyer" by market commentators and noted for his work in the real estate arena, namely advising commercial developers on their operations in the country.

Rosa María Jiménez advises clients on real estate matters across the retail, residential and industrial spheres. She is highlighted by market interviewees for her activity in the area.

About the Team (content provided by Zürcher, Odio & Raven)

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Aguilar Castillo Love - Real Estate Department

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Band 3

第三等

Chambers Commentary (based on the Chambers research)

Basic facts about the department
- Heads of department: John Aguilar Quesada, John Aguilar Osborne and Marco Solano Gómez
- 3 partners
- 8 other qualified lawyers

What the team is known for Established practice offering multi-jurisdictional coverage of the real estate arena. Advises major multinational companies on a variety of matters such as sales and acquisitions, as well as on their expansions into different Central American markets. Clients hail from the construction, technology and utilities sectors.

Strengths Interviewees characterise the team as "pro-business and solution-oriented," adding: "The lawyers know how to balance what's important without losing sight of the objective, and provide good response times and communication skills."

Work highlights Advised AstraZeneca on real estate matters relating to the client's global expansion.

Significant clients HP, Carlson Wagonlit Travel, Bank of America, Cargill, NTT DATA.

Notable practitioners

John Aguilar Quesada, John Aguilar Osborne and Marco Solano Gómez are the key client contacts.

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Expertis Legal - Real Estate Department

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Band 3

第三等

Chambers Commentary (based on the Chambers research)

Basic facts about the department
- Heads of department: Guillermo González Zuñiga, Alberto Pauly Sáenz and José Manuel Gutierrez
- 3 partners
- 6 other qualified lawyers

What the team is known for Flourishing real estate department advising multinational companies on the structuring and development of residential and commercial projects. Capabilities span an array of areas including land acquisition, financings, concessions and due diligence processes.

Strengths Clients describe the service as "wonderful," adding: "The lawyers are strategic and take care of all of our legal needs. They go the extra mile, beyond what a typical lawyer would."

Work highlights Advised Panamerican Woods Real Estate on the development of a 60-hectare land real estate project.

Significant clients Rio Perdido, Trade Wind Properties, Vista Mar, Vista las Palmas, Coldwell Banker Tamarindo.

Notable practitioners

Guillermo González Zuñiga, Alberto Pauly Sáenz and José Manuel Gutierrez are the key client contacts.

About the Team (content provided by Expertis Legal)

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Facio & Cañas - Real Estate Department

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Band 3

第三等

Chambers Commentary (based on the Chambers research)

Basic facts about the department
- Head of department: Sergio Solera
- 8 partners
- 9 other qualified lawyers

What the team is known for Noted real estate practice assisting developers and construction companies with the structuring and development of real estate projects. Offers particular strength in due diligence processes, sales and purchases, as well as related tax, environmental and labour issues.

Strengths One client enthuses: "I would highly recommend them. The lawyers are very professional and deliver timely advice. They are also great at following up with clients."

Work highlights Advised Recap Investments on the development of a 230-hectare project in Costa Rica.

Significant clients Coldwell Banker, Viola Groceries, Jacó Walk, Arcos Dorados Holdings, Marriott.

Notable practitioners

Sergio Solera is the key client contact.

About the Team (content provided by Facio & Cañas)

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Lexincorp - Real Estate Department

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Band 3

第三等

Chambers Commentary (based on the Chambers research)

Basic facts about the department
- Heads of department: Arnoldo André and Eugenio Vargas
- 1 partner
- 1 other qualified lawyer

What the team is known for Compact practice acting for a number of local and international clients from the hospitality sector. Advises both buyers and sellers on a range of mandates including due diligence processes, land acquisitions and sales, as well as the drafting of real estate contracts.

Strengths Clients appreciate the firm's counsel and attention, noting: "The lawyers know how to make the client feel comfortable and the communication always flows well."

Work highlights Advised Grupo Diriá on a real estate due diligence process in relation to its acquisition of a property, and its subsequent registration before the National Registry.

Significant clients Frontier, Novelteak Costa Rica, Rausch Schokoladen, Corporación Buen Precio, Grupo Diria.

Notable practitioners

Arnoldo André and Eugenio Vargas are the key client contacts.

About the Team (content provided by Lexincorp)

The development of the real estate market in Central America is having a significant growth, providing opportunities for construction companies, developers, investors and financial institutions. When the world economy slowed down and the global real estate market was affected, the development in Central America continued.

We have lawyers specialized in Real Estate that can assist you in obtaining construction permits, tax-efficient property schemes, savings in legal structures and property, purchases of properties with complex guarantees via trusts and other services within the complex branch of the housing market.

For many years we have been advising our clients in order to make their building projects more efficient, reporting the highest amount of benefits through complex ownership schemes and taxation, as well as an approach to project management for obtaining permits, the structuring of contracts and the contract’s execution, from a legal point of view.

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Nassar Abogados - Real Estate Department

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Band 3

第三等

Chambers Commentary (based on the Chambers research)

Basic facts about the department
- Heads of department: Tomás Nassar Pérez and Tomás Nassar Jorge
- 4 partners
- 6 other qualified lawyers

What the team is known for Solid real estate department advising on the financing of commercial and residential beachfront projects. Acts for a roster of notable clients from the financial services and telecommunications sectors. Areas of expertise include sales, purchases, leases and litigation.

Strengths Clients describe the lawyers as "very efficient and intelligent," noting their "24/7 service, work ethic and business-oriented advice."

Work highlights Advised Texel Finance on a range of matters, including a due diligence process and the negotiation of a ground lease agreement in relation to the operation of its gold mine.

Significant clients Phoenix Tower International, Kantar Worldpanel, Sun Capital Partners, Colliers International.

Notable practitioners

Tomás Nassar Pérez and Tomás Nassar Jorge are the key client contacts.

About the Team (content provided by Nassar Abogados)

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Eminent Practitioner

Dentons Muñoz

From the Chambers Latin America guide

Partner Pedro Muñoz is a very well-known name in the Costa Rican legal market. Sources hold him in high esteem and describe him as "a very solid professional."

^ See whole ranking table

Band 1

Alejandro Antillón

EY Law

From the Chambers Latin America guide

"Insightful leader" Alejandro Antillón remains a standout practitioner in the real estate arena, where he is described by clients as "a fantastic lawyer with great communication skills who is very well versed in both US and Costa Rican law." They go on to characterise him as "a very intelligent, available, knowledgeable and super diligent lawyer," adding: "He understands how to handle different situations and can be elegant and diplomatic while still defending his clients' interests." Another source says: "He is a very solution-oriented lawyer who delivers excellent client service."

^ See whole ranking table

Band 1

Luis Manuel Castro

BLP

From the Chambers Latin America guide

The "extraordinary" Luis Manuel Castro heads the firm's real estate department and is regarded as a leading lawyer in this space. He is deeply respected by clients, who describe him as "an exceptionally talented and skilled real estate lawyer." They also consider him "service and business oriented," commending his "availability and willingness to see the transaction through." One source adds: "He is a wonderful individual and I appreciate his temperament and personality," and goes on to say: "He is a great resource for us and knows how to structure deals."

^ See whole ranking table

Band 2

Eduardo Calderón

BLP

From the Chambers Latin America guide

Eduardo Calderón is admired by clients for his prowess in the real estate arena. One interviewee states: "I have tremendous respect for him," and continues: "He is very proactive and has a solid understanding of the client's needs. He not only listens and executes accordingly but also identifies alternative approaches and proposes innovative solutions."  

^ See whole ranking table

Band 2

Sfera Legal

From the Chambers Latin America guide

Rafael Cañas receives widespread praise from interviewees, who label him "commercial, pragmatic, creative, speedy and very aware." They also say: "He is well versed in real estate law and has an excellent command of the English language." 

^ See whole ranking table

Band 2

Alberto Raven Odio

Zürcher, Odio & Raven

From the Chambers Latin America guide

Alberto Raven Odio is described as "a tremendous lawyer" by market commentators and noted for his work in the real estate arena, namely advising commercial developers on their operations in the country.

^ See whole ranking table

Band 3

Juan Manuel Cordero Esquivel

Consortium Legal

From the Chambers Latin America guide

Department co-head Juan Manuel Cordero Esquivel has considerable experience in the real estate sphere. Sources note his involvement in the market, with clients stating: "His service has been impeccable."

^ See whole ranking table

Band 3

EY Law

From the Chambers Latin America guide

Freddy Fachler offers wide-ranging experience in a variety of real estate matters. Sources also note his expertise in the finance field.

^ See whole ranking table

Band 3

Andrea Hütt Fernandez

Land & Business Attorneys

From the Chambers Latin America guide

Andrea Hütt Fernandez of Land & Business Attorneys is recognised for her significant involvement in this area. She commonly acts for the developers of real estate projects.

^ See whole ranking table

Band 3

Rolando Laclé Zúñiga

Consortium Legal

From the Chambers Latin America guide

Rolando Laclé Zúñiga is recognised by market sources for his capabilities in real estate related-financings. Clients say: "He is super-efficient and his English is perfect. He is able to put his clients at ease, and offers vast experience in commercial conciliation matters."

^ See whole ranking table

Band 3

Robert C van der Putten

Sfera Legal

From the Chambers Latin America guide

Co-head of department Robert van der Putten offers expertise in the real estate arena. Clients highlight his knowledge and experience in the Costa Rican legal market, and he is also well recognised for his practice in dispute resolution.

^ See whole ranking table

Band 3

Dentons Muñoz

From the Chambers Latin America guide

The "very knowledgeable" Eduardo Zúñiga receives ample recognition from market commentators, who label him "very practical and always available." They go on to add: "He is always able to keep his cool, and he provides very thoughtful and insightful advice in difficult situations."

^ See whole ranking table

Up and Coming

BLP

From the Chambers Latin America guide

Up-and-coming partner Anneth Jiménez is endorsed by market sources, who deem her "an outstanding lawyer with great attention to detail." They add: "She manages multimillion-dollar transactions with professionalism."

^ See whole ranking table

Up and Coming

Consortium Legal

From the Chambers Latin America guide

Clients value David Reuben's advice, saying: "He provides us with a comprehensive service and is available 24/7." His additional areas of focus span corporate law, finance and M&A transactions.

^ See whole ranking table

Star Associate

Alvaro Leiva Escalante

EY Law

From the Chambers Latin America guide

Star associate Alvaro Leiva Escalante comes recommended by clients and peers alike for his strong focus on real estate matters. Interviewees describe him as "an experienced lawyer," and commend his "timely responses and deep and accurate knowledge of the real estate and regulatory arenas."

^ See whole ranking table

Associates to watch

BLP

From the Chambers Latin America guide

Associate Andrea González regularly advises clients on due diligence processes, project finance, land entitlement matters and adverse possession cases. She also focuses her practice on M&A.

^ See whole ranking table

Associates to watch

Rosa María Jiménez

Zürcher, Odio & Raven

From the Chambers Latin America guide

Rosa María Jiménez advises clients on real estate matters across the retail, residential and industrial spheres. She is highlighted by market interviewees for her activity in the area.

^ See whole ranking table