Real Estate Appraisals in Heredia

A real estate appraisal is necessary in multiple situations: when buying or selling a property to know its fair value and negotiate with information, when applying for a mortgage loan with banks such as Banco Nacional, BAC, BCR, or Scotiabank, for legal proceedings such as successions, divorces, or asset divisions, for tax declarations before the Costa Rican Tax Authority (Hacienda), when negotiating lease contracts or commercial franchises, in expropriation processes before government agencies such as CNE, MOPT, or municipalities, for insurance purposes and determining insurable amounts, or simply to make informed decisions about your assets.

We appraise residential homes in gated communities and traditional neighborhoods, apartments and condominiums, urban lots and residential land, agricultural, cattle, and coffee farms, coastal properties (maritime-terrestrial zone, concessions), commercial spaces, offices, warehouses, and industrial facilities, hotels and tourism properties, and development projects. Regardless of property type, every appraisal receives the same technical rigor and personalized attention.

Every appraisal follows International Valuation Standards (IVS) and CFIA regulations. We apply three main approaches depending on property type: the market comparison method (analysis of recent transactions of similar properties), the cost method (replacement value minus depreciation plus land), and the income capitalization method (for income-producing properties). The process includes detailed physical inspection, registry research, analysis of urban surroundings, photography, area measurement, and delivery of a signed technical report backed by CFIA.

From our base in Pérez Zeledón, we provide appraisal services in all provinces: San José (Escazú, Santa Ana, Curridabat, Moravia, Desamparados, and southern zone including Pérez Zeledón), Heredia (Belén, Santo Domingo, San Rafael, Barva), Alajuela (Grecia, Atenas, San Ramón, Naranjo, Poás), Cartago (La Unión, El Guarco, Paraíso, Turrialba), Guanacaste (Liberia, Tamarindo, Nosara, Nicoya, Santa Cruz), Puntarenas (Jacó, Quepos, Dominical, Uvita, Ojochal, Monteverde), and Limón (Puerto Viejo, Cahuita, Siquirres, Guápiles). Fees adjust according to distance and we have experience with local particularities of each area.

Appraisal cost varies according to property type and complexity. As a reference in the Costa Rican market: urban lots or land from $150 USD, residential homes between $250 and $600 USD, high-end or large homes over 400 m² between $600 and $1,500 USD, agricultural farms between $400 and $1,500 USD, commercial spaces or offices between $500 and $2,500 USD, and industrial complexes from $2,000 USD and up. These values are indicative; the final price depends on location, available documentation, and report urgency. For an exact quote for your case, contact us with your property details.