Real estate in Bolivia
Indacochea & Asociados’ 'very organised' team has strong capabilities in both urban and rural real estate matters, counting condominiums, hotels, and residential and agricultural properties among the strengths of the practice. Department head Alonso Indacochea is 'a great team leader, always thinking ahead and very creative'; he jointly leads the practice with Anwar Farah. Recent mandates saw the pair advise Grupo Fe on the transfer of property rights of a land site to the municipal government of Santa Cruz. Construction company Index instructed the group on the sale of land and real estate developments as part of an urbanisation project. Other clients include Triangulo de Oro and El Tejar Group. Associate María José Martinez is also active in this sector.
Luis Moreno and Delfor Zapata jointly lead Moreno Baldivieso Estudio De Abogados' practice, which counts property finance as a cornerstone area of expertise and is strong in high-value corporate real estate matters. Zapata, who is an expert in land site acquisitions, recently advised national network Bolivision on its purchase of a 4,000m² plot of land for the construction of a repeating station in Cochabamba and a 1,500m² plot for a large-scale antenna station in Santa Cruz. Zapata and Miguel Ángel Jemio have also been active advising a real estate developer in relation to a major project in La Paz. Other matters saw Moreno, a property finance specialist, teaming up with Paul Aramayo to assist Caribbean Cinemas with its $15m acquisition of Bolivian cinema chain Cine Center. Daniel Arredondo and René Cuellar are also key contacts. Other clients include the Church of Jesus Christ of Latter-day Saints and the US Embassy.
Carlos Pinto leads the team at FERRERE, which is particularly involved in licensing, regulatory issues, acquisitions, disposals and property finance matters, and is especially strong in agricultural and land real estate mandates. Dairy producer PIL Andina instructed the team in relation to disputes with the municipality of Cochabamba regarding the client's ownership rights over plots of land. Gerardo Villagómez and La Paz-based counsel Diego Bohrt are also names to note. Other clients include Forestry Management Services, Sociedad Inmobiliaria El Dorial and BECA Advisors.
Contested land holdings and regularisation of property rights are core pillars of Guevara & Gutiérrez S.C's practice, which also handles construction litigation and high-value land purchases. Based in the Santa Cruz office, practice head Primitivo Gutiérrez is highly regarded for his litigation expertise; Jaime Lora (based in La Paz) and senior associate Ana Lora are also key contacts. Clients include the Church of Jesus Christ of Latter-day Saints, Praxair Bolivia and Inter-American Development Bank.
In operation since October 2018, Bufete Aguirre, Quintanilla, Soria & Nishizawa Sociedad Civil – (BAQSN)'s real estate department is jointly led by Fernando Aguirre and Santiago Nishizawa. Colinas De Achumani instructed the team on the real estate aspects of the construction of a condominium project in La Paz; the first phase of the project is now completed. Carolina Aguirre is very active in this sector.
Mendieta Romero y Asociados
Würth Bedoya Costa Du Rels Abogados is noted for its expertise in handling rural, urban and industrial real estate instructions; key strengths of the practice include land and commercial property transactions, and assisting clients with property ownership matters. The team is also recognised for its capabilities in assisting foreign law firms with real estate mandates. Mauricio Costa du Rels, Fernando Bedoya and newly promoted partner Jorge Nelson Serrate are the key contacts.