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New Cadastral Maps Provide Better Security for Property in Costa Rica

| Business, Costa RIca News | March 6, 2012

 

Costa Rica Property Cadastral mapA brand new initiative designed to identify properties using a ‘cadastral map’ has been implemented by the Registro Nacional (National Register) in Costa Rica.  A new real estate certificate will include a two dimensional aerial view of the land or property and is designed to provide more security to owners and potential buyers of property in Costa Rica.

Map designed to take aerial photos of property in Costa Rica

A cadastral map shows the boundaries and ownership of land parcels. Some cadastral maps show additional details such as unique identifying numbers for parcels, positions of existing buildings or adjoining and adjacent street names.

Inside Costa Rica reports that ‘the process of the cadastral map is to take aerial photographs of the entire national territory, following will be an ortho-photography and then perform the mapping that divides each of the properties and characteristics information.’

Dagoberto Sibaja, Director of the National Register, said: “Subsequent to collecting photographs and ortho-photographs, the mapping information that is collected will be divided by district and county and a field check will be conducted to verify whether the measurements are correct.”

If information on the map is incorrect, owners can file the errors with the registry.

The new real estate certificate will be available in digital format from the Registry at a cost of ¢5,000 colones.

Cadastral map brings several benefits

There are several main reasons for the implementation of the map scheme.  Firstly, it provides additional security for owners of property in Costa Rica.  Secondly, the map will also show properties in the country that violate the land-sea area (properties closer than 50 metres from the coast).

Certificado Inmobiliario registro nacional real estate Costa Rica

Sibaja added: “This project will lead to many concerns, as there are many buildings in the coastal areas, as well as indicate those properties invading some protected areas like parks and reserves.”

The cadastral map will also help in identification and collection of the ‘luxury’ home tax.

The cost of implementing the system is US$92 million, of which US$65 million will be financed by the Banco Internacional de Desarrollo (BID) and the balance from the government.

–InsideCostaRica.com

   

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