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Bolivia   REAL ESTATE MORTGAGE LOANS BANKS

Bolivia   REAL ESTATE MORTGAGE LOANS BANKS
The number of the foreigners coming to Bolivia for purchase of the real estate, is absolutely insignificant, however they all the same are. The greatest popularity at buyers such provinces, as Cochabamba, Santa Cruz and Beni from abroad use. According to HWZ Inc., despite growing interest from outside Europeans, the Bolivian real estate basically is bought all the same by the local.

«In department Santa Cruz real estate cost increases depending on affinity of object to a central square of Santa-Krus-de-la-Serra, an administrative centre of department and the largest city of the country. And in a price countryside practically do not differ», - Rik Jackson confirms. According to company Jackson Rivero Bienes Raices, the typical country house, the area about 100 sq. m, with three bedrooms and two bathrooms, standing on own site (apprx. 750 sq.), located in 5 km from centre Santa-Krus-de-la-Serra makes about $60 thousand

Real estate purchase in Bolivia

There are no special rules or restrictions on acquisition of the Bolivian real estate by foreigners. Foreign citizens without problems can make out the local real estate in the full property. Moreover, if you have a real estate to receive residence permit in Bolivia - as easy as shelling pears. However it is necessary for buyers will make sure of legal cleanliness of the document giving the property right. «In Bolivia there is no purchase deed insurance. Before to pay money, you are simply obliged to spend careful check of all necessary papers», - Rik Jackson warns.

If you have decided to get the real estate in a countryside it is necessary to be careful also Bolivian «ñêâîòòåðîâ» - the homeless who wish to live in your house while it is empty. The life in village can be attractive and healthy, however it has also minuses, at least in Bolivia. «If representatives of the radical people occupy any part of the earth of the foreigner and will start to build the house to expel them it will be almost impossible», - Rik Jackson speaks.

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