Technical and objective determination of your property value, with legal validity before banks, courts, and tax authorities
What is a real estate appraisal?
A real estate appraisal is a technical study that determines the true market value of a property at a specific moment. This analysis is performed by a licensed appraiser and considers factors such as location, construction condition, land dimensions, zoning, local market conditions, and specific characteristics of the property. In Costa Rica, appraisals with legal validity can only be signed by professionals registered with the Federation of Engineers and Architects (CFIA).
When do you need a property appraisal?
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.
Types of properties we appraise
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.
Our methodology
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.
Coverage throughout Costa Rica
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.
Approximate price ranges
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.
What's included?
Detailed technical report with photographs, plans, and calculation memo
Valuation per CFIA and international standards (IVS)
Market analysis with comparable properties in the area
Document with legal validity before banks, courts, and tax authorities
Nationwide coverage, with specialization in southern zone and Central Valley
Delivery in 5-10 business days (urgent option 48 h)
Free quote within 24 hours
Professional backing with 20+ years of experience
Frequently asked questions
How much does a real estate appraisal cost in Costa Rica?
The cost depends on property type and size, location, and report purpose. As a reference, residential appraisals typically range from $250 to $600 USD, land from $150 USD, and commercial properties between $500 and $2,500 USD. Contact us with your property details for an exact, no-obligation quote.
How long until I receive the report?
A standard appraisal is delivered within 5 to 10 business days from when we receive documentation and complete the inspection. In urgent cases, we can deliver in 48-72 hours with a priority surcharge.
What documents do I need for the appraisal?
Ideally: stamped surveyed plan, updated registry study, certificate of ownership, and physical access to the property. If you are missing any, we can guide you on how to obtain them or help with registry information.
Is the appraisal valid for banks in Costa Rica?
Yes. All our reports are signed by a CFIA-registered appraiser, giving them full validity for processes before Banco Nacional, BCR, BAC, Scotiabank, Davivienda, and other financial institutions in the country.
Do you serve outside the Greater Metropolitan Area?
Yes. We have nationwide coverage with bases in Pérez Zeledón and Curridabat. We frequently work in Guanacaste, Puntarenas, Limón, and rural areas. Fees adjust based on travel distance.
Can I use a cadastral or municipal value as my appraisal?
No. Cadastral or municipal values are typically well below true market value and are not accepted by banks, courts, or sales negotiations. A professional appraisal signed by a CFIA-licensed appraiser is always required.
Need an appraisal for your property?
Request a no-obligation quote. We respond within 24 hours.
