Monday, August 10, 2009

Maritime Zone, Costa Rica


Maritime Zone:

Costa Rica's property ownership located in the shorelines, are regulated and established by the “Ley de la Zona Marítimo Terrestre” (Maritime Zone Law) Nº6043, dated March 02, 1977. The maritime zone encompasses 200 hundred meters counted from the low tide line and are owned by the Costa Rican Government, in this case represented by the local Municipalities. This zone, is subdivided in two parts: (a) The so-called “public zone” or “zona pública”. In this zone no form of ownership is allowed in any form whatsoever. Therefore, if you heard in the past that there are properties with “private beaches” is completely not true, such a thing is prohibited in Costa Rica; (b) The “restricted zone” or “zona restringida”, owned by the Government as well but is suitable for grant of “leases” called concessions, made usually from 5-20 years. No ownership is present in this zone, concessionaire only has what we call “concession rights”, and in the event of proven default of the Concession Agreement, the Municipality will be allowed to void and take back the property. Properties acquired before the establishment of this law are not subject of application of this law, and they have the normal status of any titled property.

1 comment:

  1. Very efficiently written information. It will be valuable to everyone who uses it, including myself. Thanks a lot!

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