Hall Of Fame

Next Generation Partners

Leading Associates

Real estate in Costa Rica

BLP

With offices in San José and the tourist hubs of Puntarenas and Guanacaste, BLP has a formidable real estate offering in Costa Rica, advising a host of prominent engineering and construction companies, lenders, private and institutional investors, landlords and tenants. Highlighted for its ‘deep involvement in the industry’ and ‘wealth of knowledge about real estate’, the team is able to cover the full spread of related matters, from the financing and development of major hotel and resort projects to the sale and acquisition of real estate assets, tax planning and free trade zone issues. The well-regarded Luis M. Castro oversees the sizeable team, which also includes Eduardo Calderón, Andrea González, who is ‘highly respected by the industry’s top players’, Juan Carlos Tristán, Anneth Jiménez and financing specialist Andrés López; all are well versed in assisting with major real estate projects in both coastal and urban areas. The strong supporting line-up includes special counsel Andrés Waisleder, a key adviser to international hotel operators, and directors Catalina Soto, Fernando Shum and Karla González.

Responsables de la pratique:

Luis M Castro


Les références

‘Excellent team. Thanks to their track record and deep involvement in the industry, they truly have a wealth of knowledge about real estate.’

‘Andrea González is excellent at simplifying complex issues and is highly respected by the industry’s top players for her practicality.’

‘Extensive knowledge and experience in real estate matters.’

Principaux clients

Discovery Land Company


Ritz Carlton Reserve


Waldorf Astoria Hotel & Branded Residences


Gencom Group


Las Catalinas


Desarrolladores 506


Los Sueños


Guanacaste Development Corp.


Nayara Resorts


Hacienda AltaGracia, Auberge Resorts Collection


Hyatt Andaz


Four Seasons Resort Peninsula Papagayo


NIHI – Santo Tomas


Principaux dossiers


  • Advising Gencom Group in Costa Rica on real estate matters.
  • Provided counsel to Los Sueños Resort, a 1,100-acre resort project which has delivered more than 500 units to buyers since development started.
  • Advising Discovery Land Company in Costa Rica on the real estate and corporate structuring of a sustainable luxury homes project to be developed in Guanacaste, known as Zapotal Beach and Golf Club.

EY Law Central America

EY Law Central America draws on its ‘extensive practical knowledge of the industry’ to advise an impressive client roster of leading real estate and hospitality developers on the full life cycle of high-profile tourist, residential and commercial projects, from the design and planning phase through to financing, development and related tax and corporate structuring. The firm also has a thriving real estate M&A practice, with a strong emphasis on transactions in the hospitality sector. The ‘outstanding’ Alejandro Antillón, who is widely regarded as a market leader in the real estate and hospitality spheres, particularly in condominium matters, heads the practice. He is ably supported by a talented pool of associates, including senior managers Ana Sáenz, an expert in M&A and foreign investment matters, and Carlos Jiménez, who advises clients across the telecoms, pharmaceuticals, healthcare, real estate and hospitality sectors, and manager Monserrat Alvarado, who frequently assists with project structuring and the constitution of condominium regimes.

Responsables de la pratique:

Alejandro Antillón


Les références

‘Attention to detail, follow through, and extensive practical knowledge of the industry. The team compares favourably to others in the market.’

‘Alejandro Antillón is an excellent lawyer, with a deep understanding of the real estate industry and extensive practical experience, capable of resolving complex issues with ease.’

‘The team stands out for its experience.’

Principaux clients

Sunvesta Costa Rica


Christop Janz


Hacienda Barvak


Proyectos Cordillera


Hacienda Tacares


RC Inmobiliaria


Reserva Conchal


Enjoy Hotels and Resorts


Burton Kantz


Haroon Alvi


Principaux dossiers


  • Advising Sunvesta in the development and construction of an ultra-luxury resort in Peninsula Papagayo, Costa Rica under the brand One & Only.
  • Advising Proyectos Cordillera in the development and registration of a Residential Vertical Condominium it Uruca, aimed at middle income market, comprised of 150 units under the name Uruka Point.
  • Advising RC Inmobiliaria in the development and registration of a residential and touristic project in Jaco Beach,  Puntarenas.

Consortium Legal

Consortium Legal's real estate practice wins praise for its ‘solid technical expertise, backed by years of experience in highly complex cases’ and ‘in-depth knowledge of the regional market’. Catering to clients throughout Costa Rica from offices in San José and Guanacaste (a key destination for foreign investment), the firm is distinguished by its strengths in development, corporate and compliance matters. The team also has robust experience in real estate acquisitions and sales, M&A, asset purchases and bulk sales, in addition to the planning and structuring of projects, complex commercial leases, and regulatory and permitting issues. Juan Manuel Cordero, whose broad practice covers the residential, commercial and hotel sectors, leads the team alongside David Reuben, an expert in real estate developments, acquisitions and leases. Firm President Rolando Laclé Zúñiga, a transactional expert with deep knowledge of foreign investment matters, brings further partner-level expertise to the team; while senior associates Marcela Alfaro (who is particularly active in advising on acquisitions and leases in the retail sphere), and Daniel Rojas, provide strong support.

Responsables de la pratique:

​​Juan Manuel Cordero;​ ​​David Reuben​


Les références

‘Response times and availability, as well as the positive disposition of the team, help make the service exceptional and stand out from others. In an environment like the current one, when everything is urgent, the Consortium team has become a strategic ally to carry out the task.’

‘Juan Manuel Cordero’s level of expertise and availability put him ahead of the competition.’

‘I believe that the strong point is the lawyers at the firm who assist us, thanks to their sound experience, confidence and seriousness and the certainty generated by their responses to our requests for legal support. These qualities are apparent in David Reuben and Rolando Laclé.’

Principaux clients

​​Andrew Spath​ ​​


GFG Securities​ ​​


Solaris Conchal – The Kapital Group​ ​​


Hillier Enterprises​


​​Grupo Barceló​ ​​


Maersk​ ​​


Everty​


​​Cementos Progreso​ ​​


APM Terminals​


​​Cuestamoras​ ​​


Walmart de México & Centroamérica​


Principaux dossiers


  • Advising in structuring the trust release process and managing the sale of 42 residential units and parking spaces in the high-end Solaris y Reserva Conchal real estate development.
  • Advised on the due diligence and subsequent acquisition of multiple properties in the upscale beach community Discovery, Zapotal.
  • Acting for Solea Jacó as legal counsel in drafting and executing a long-term option to purchase agreement for a beachfront property in Jacó.

Dentons

Dentons houses a diverse real estate practice, with strong skill sets across the maritime, construction, hospitality, agribusiness and life sciences sectors. The ‘outstanding’ team advises on the full range of leasing, financing, project development and investment matters, in addition to real estate-related disputes, acting for an array of prominent local and international developers, investors and brokers. Practice lead Eduardo Zúñiga, who serves as co-head of the firm’s Latin America real estate group, is highlighted as ‘very knowledgable regarding real estate transactions’, and brings to bear extensive experience of advising on project developments. He is supported by a capable pool of junior lawyers, including director Pamela Contreras, who is well versed in transactions in the real estate and forestry sectors, and senior associate Montserrat Ortega, an expert in real estate due diligence and compliance.

Responsables de la pratique:

Eduardo Zúñiga


Les références

‘The Dentons team works very hard for us on any issues that may arise in Costa Rica. Outstanding talent.’

‘Hardworking. Extremely knowledgeable about any issues which may arise with which we need their help. Always available!!’

‘The team are very friendly, they answer all our questions in a timely manner, keep us informed, and their answers are easy to understand.’

Principaux clients

DeIndustrial


A1 Logistics


Athene Global


Hacienda Pinilla


Starbucks


Eastwood


Tulemar


Embassy of Canada to Costa Rica


The Rohatyn Group


Barbican Capital


Ohana Real Estate Investors


Hilton Hotels


Principaux dossiers


  • Advising DeIndustrial on the sale of a built-to-suit distribution centre, which was leased long-term to Unicomer, a retail company.
  • Advised A1 Logistics in participating in an RFP managed by CBRE on behalf of PriceSmart, aiming to secure a long-term lease under which A1 is obligated to develop a built-to-suit distribution centre in the Dominican Republic, in line with the standards outlined in the RFP.
  • Assisted A1 Logistics in structuring an investment vehicle to secure equity and financing for acquiring real estate properties in the Dominican Republic and Guatemala, with the aim of developing Class A logistics warehouse projects.

Sfera Legal

Sfera Legal's real estate department works closely with the firm’s finance, litigation and tax practices to assist clients with a broad range of matters. Among its core areas of expertise are real estate financing, disputes concerning the expropriation of land and the international tax structuring of investments in Costa Rican real estate. Key members of the experienced team include Rafael Cañas, who has a strong track record in real estate complex real estate transactions and developments; Robert van der Putten, who combines skills in real estate law and litigation; and José Pablo Arce, an expert in shoreline concession zones, real estate developments and condominium law.

Arias

Highlighted for its ‘exceptional commitment to client service’, Arias' practice is largely geared towards corporate real estate, advising multinational companies in key sectors such as manufacturing, business services and software development on real estate issues relating to setting up operations in Costa Rica. The team is frequently called upon to assist both park developers and tenants with lease, purchase and construction agreements relating to industrial park and office facilities. Carlos Camacho, who has extensive expertise in real estate law, in addition to his knowledge of the free trade zone regime, and Vicente Lines, who is well versed in real estate transactions and projects, oversee the team. Senior counsel Vivian Gazel is ‘an expert in real estate law’, providing capable support with due diligence and contract negotiations.

Responsables de la pratique:

Carlos Camacho; Vicente Lines


Les références

‘What makes Arias Law unique is its exceptional commitment to client service. Unlike other firms, the Arias team is distinguished by its rapid responses, constant availability, and proactive attitude. In-house counsel should know that at Arias, they will find not only highly qualified experts but also strategic allies who understand the urgency of each inquiry and the importance of effective and timely solutions.’

‘Compared to other teams, Arias Law stands out for its immediate responsiveness and focus on the client experience. While some firms may prioritise bureaucratic processes or lengthy response times, at Arias, the priority is to ensure each client receives clear, agile, and personalised advice in the shortest possible time.’

‘Arias’s strong points: unparalleled client service, speed ​​and efficiency, personalised attention, a service-oriented attitude and a multidisciplinary and well-coordinated team.’

Principaux clients

Solesis


Viant


Guru Technologies


Goodyear


Principaux dossiers


  • Advised Solesis and handled the negotiations regarding the construction agreement for its new facility in Costa Rica within a free trade zone park.
  • Advised Viant on the lease of its new facility in a free trade zone park to expand its local operations.

Ecija

Operating from offices in San José and Flamingo, Guanacaste, ECIJA is well versed in real estate acquisitions, condominium regimes, project development, financings, and regulatory and compliance issues, handling matters across the tourism, residential and commercial sectors. The team’s client base includes local and international developers, hotel and resort owners, and real estate brokers, and is also frequently active in assisting individual investors with the purchase of properties in Costa Rica. Practice head Guillermo Zúñiga plays a prominent role in advising local and foreign investors and lenders in relation to real estate projects and transactions. Senior associate manager Warren Corrales, a specialist in advising real estate developers and condominiums, is also noted.

Responsables de la pratique:

Guillermo Zúñiga


Les références

‘ECIJA has a multidisciplinary team that provides significant value in all processes where we require its legal support. This past year, it added staff for issues related to Maritime-Terrestrial Zone concessions and an additional support team for transactional matters.’

‘They are very efficient in their use of time and always look for solutions to issues.’

Principaux clients

Second Street


Argo Estrategia Desarrollo


Condominio Mystica


Croc’s Resort and Casino


Playa Lagarto EcoDevelopment


Blue Water Developments


Blue Water Properties


CRGAR Costa Rica Association of Realtors


Claro (America Movil)


Principaux dossiers


  • Advised Second Street, an NY-based company, on the regulatory registrations to enter the private lending market of Costa Rica, with the aim of providing U.S.-type loans for U.S. citizens with properties located in Costa Rica.
  • Obtained the regulatory permits for Argo to start with the development and construction of Dunna Nunciatura, a 150-unit building that will be a landmark in the area.
  • Advised the condominium administration of the Condominio Mystica development on aligning the real site design with the one projected in the approved blueprints and deeds.

Facio & Cañas

Thanks to its branches in Guanacaste and Puntarenas, in addition to its main office in San José, Facio & Cañas is a strong choice to advise both individual investors and real estate developers on real estate matters across the residential and hospitality sectors. The team is well versed in the full range of due diligence, zoning and regulatory compliance, acquisitions and leases, condominium regimes and environmental issues relating to luxury resorts and residential developments. Sergio Solera, who has a wealth of experience in real estate matters, particularly in coastal areas, leads the team with Francisco Rucavado, an expert in project development and finance. Senior associate Marco Castegnaro is also noted for his assistance with real estate transactions.

Responsables de la pratique:

Sergio Solera; Francisco Rucavado


Principaux clients

Ben Buehner (Nosara Surf Shop)


Harmony Projects (Casa Harmony)


Daniel Attia (Emerald Hills)


Lindsay and Jason Hall


Coldwell Banker (Dominical Realty)


Coldwell Banker (Sunset Reef)


Eso Santa Teresa


Atman


Craig Hicks-Frazer


Mauricio Astacio and Jamie Bordewyk


Principaux dossiers


  • Advising Coldwell Banker franchisee Sunset Reef on its real estate transactions across key regions in the Nicoya Peninsula in Costa Rica, including Santa Teresa, Playa Hermosa, Manzanillo, Montezuma and Cabuya.
  • Advised Ben Buehner on the acquisition of Nosara Surf Shop, a known landmark.
  • Advised Harmony Projects on the sale of eight premium properties, collectively known as Casa Harmony, located in the sought-after area of Guiones Norte, Nosara, Guanacaste.

Tactic Legal

Tactic Legal brings together expertise in real estate, environmental and administrative law to advise on a steady stream of transactions involving both urban and rural properties, with experience ranging from due diligence to land use regulations, registration and cadastral issues, and mortgage processes. Founding partner Javier Escalante steers the team, drawing on his extensive knowledge of foreign investments, real estate transactions, and environmental and energy law, while other key names include senior special counsel Álvaro Cedeño and director Andrés Herrera , who assists clients including US investors with the structuring of real estate projects and purchase and sale agreements.

Responsables de la pratique:

Javier Escalante


Principaux clients

Zhonghua Michael Gu & Stephanie Ann


El Moral


Larry Salmon Superior Living


Hebert Family Trust


Principaux dossiers


  • Assisted a US client with forming an American corporation to acquire property in Guanacaste and secure Costa Rican residency.
  • Provided comprehensive legal counsel to a US client on establishing an American corporation to acquire property in Guanacaste and securing Costa Rican residency.
  • Assisted Hebert Family Trust, with structuring and registering a mortgage over two properties to secure a loan.

COLBS Estudio Legal

COLBS Estudio Legal has robust experience of advising on real estate transactions both in San José and in Costa Rica’s coastal areas, acting for individuals as well as realty groups, developers hotels and restaurant franchises. Among its core areas of expertise are sale and purchase transactions, construction contracts, lease agreements and the structuring of residential and tourism developments. Managing partner Sebastián Jiménez, a specialist in build-to-suit and sale-and-leaseback transactions, long-term leases, and free trade zone developments, heads the team. Edwin Rojas, who focuses on real estate disputes, and associate Dominick Delgado are also noted.

Responsables de la pratique:

Sebastián Jiménez


Principaux clients

Keller Williams Realty (KW Realty)


Exotic Caye International (ECI Developments)


Muvens Realty Group


Hotel y Club Punta Leona


Eco Plaza Villa Real


Costa Dorada


Parquesanto del Este


Real de Punta Leona


Contract Workplaces Costa Rica


Grupo América


Principaux dossiers


  • Advised Punta Leona Beach Club and Nature Resort on the legal structuring of a ₡5.85bn and $2m financing package, and on the corporate and real estate aspects of its rebranding to ‘Punta Leona Beach & Nature Resort’, including the development of its new eco-conscious project, ALBRICIAS.
  • Advised Contract Workplaces Costa Rica on the structuring and negotiation of over 14 construction and lease agreements for office space remodeling projects in San José, including a turnkey design-and-build contract with financing elements and a complex lease negotiation involving Portafolio Inmobiliario and Publicis Groupe.
  • Advised ECI Developments on the legal strategy for its 1,100-acre ‘Grand Caribbean’ real estate project in Limón, Costa Rica, including due diligence, permitting, property management, and risk mitigation efforts related to possession rights and local security concerns.

Lang & Asociados

Lang & Asociados' ‘exceptional’ team is particularly adept at advising multinational companies on real estate issues relating to their operations in Costa Rica, with a client base that spans the software development, tech, medical devices, manufacturing and business support sectors. Under the leadership of ‘true professional’ Henry Lang, who enjoys a strong profile in foreign investment matters, the team frequently advises major corporations on due diligence, acquisitions, sales, construction agreements and leasing issues stemming from the expansion or downsizing of their presence in the country, as well as with obtaining the required permits. Milena Jaikel and Juan Carlos Cersosimo provide capable support, particularly in free trade zone matters.

Responsables de la pratique:

Henry Lang


Les références

‘Lang & Asociados have been my personal and corporate attorneys for the past 20 years. Their communication skills are beyond compare. We have successfully completed two large projects in Costa Rica and could not have achieved the successes without the guidance of this team. From the initial due diligence through purchase and registration, condominium documents and bylaws and selling of the properties and closings, this team has been exceptional in every step. We could not have done it without them. They are true experts and true professionals.’

‘Henry Lang’s up-to-the-minute knowledge and attention to every detail set him apart from any attorney I have ever worked with. He is a true professional and the world’s best communicator.’

‘Juan Carlos Cersosimo has handled a great deal of real estate transactions for us. He too is a true professional and a great communicator. His kind and gentle approach over the years has been greatly appreciated.’

Principaux clients

Bill Gosling Outsourcing


Microsoft Corporation


Eurofins Scientific


Medtronic


Nitinol Devices & Components, Inc./Confluent Medical Technologies


Indian Industries


United Collection Bureau


Precision Coating Company


Accela


SecureLink/Imprivata


Builder Homesite


Sensient Technologies Corporation


Zonda


Skim Analytical


Newfire Global Partners


Prent Worldwide Corporation


Eagan Immigration


Alegria Partners


Elements Global Services/Atlas


Serverless Solutions


Bluewave Data Solutions


Critical River


Riverpoint Medical


Net2Phone


R&D Altanova/Advantest Group


Millenium Machinery


ITJ


ZimVie


Go West Tours


Infotree


Kulicke and Soffa Industries


Production Automation Company (PAC)


Technimetals


Principaux dossiers


  • Advised Bill Gosling Outsourcing on the fourth expansion of its operation in Costa Rica under the free trade zone regime.
  • Advised Prent Worldwide Corporation on the expansion of its operation in Costa Rica and its move to a new site.
  • Supported Alegria Partners with the sales and development of its ecological condominium and community in San Mateo, Costa Rica, as a spin-off of its first eco-friendly and self-sufficient rural residential development concept.

Quatro Legal

Catering to clients across Costa Rica from its offices in San José, Guanacaste and Puntarenas, Quatro Legal acts predominantly on the buyer side of real estate transactions. The firm has a strong presence in the luxury property market, handling a high volume of acquisitions of units in high-end residential developments on behalf of international investors and foreign citizens seeking to relocate. Founding partner Gonzalo Rojas heads up the practice in San José, while the firm’s offering in Guanacaste is overseen by Sonia Aragón, who was promoted to partner in 2024, and is singled out for her ‘excellent knowledge and vast experience’. Associate María Fernanda Baudrit is the key name in the Manuel Antonio office.

Responsables de la pratique:

Gonzalo Rojas; Sonia Aragón


Les références

‘In my experience, Quatro Legal is well versed in a wide range of services and has approached our legal needs holistically. This is helpful to us as we are not Costa Rican citizens and not familiar with Costa Rican laws and requirements.’

‘The Quatro Legal team is bilingual and has the resources to assist with many issues. They are responsive and patient.’

‘Having worked with various other law firms in Costa Rica, Quatro Legal is clearly the most responsive and reliable. They offer a wide variety of legal services and all of a high quality. What impresses me most is their responsiveness and their quick problem solving. Billing is centralised and reasonable. I rely on them more and more.’

Principaux dossiers


  • Advised on the sale of 20 out of the 44 units of the exclusive, high-end Solaris development within the Reserva Conchal gated community in Guanacaste.
  • Representing the developer behind Ocean Cove, a luxury project in Manuel Antonio, in a transaction valued at $17m.
  • Acquired the know-how and technology platforms of Outlier Legal, a firm specialising in expat services including real estate.