How to sell a property in Bolivia, via an Estate Agent, an agent who specializes in overseas property, or if selling a property by owner.
To sell a house, apartment, villa or any type of property in Bolivia, you'll need to follow some simple steps.
In Bolivia it is essential to have to hand a clear legal title to the property, and ensure you have all the correct documents before you come to sell a property in Bolivia.
Verify that you are the rightful owner and that the property has no pending debts, taxes, or legal disputes. You'll need the property's matrícula (registration) from the local Real Estate Registry Office.
You have the option of selling by owner, or using an estate agent to assist in the selling process. There is no option though when it comes to the legal side of the sale. Use a real estate lawyer or notary that specializes in Bolivia real estate transactions.
Marketing and advertising the property should be done in a wide variety of avenues, including listing on an international property listings website, especially if selling by owner (FSBO).
Sign the deposit contract and move towards closing the transaction once you have found a buyer for your property.
In Bolivia, you the seller will pay taxes, a tax that is usually a percentage of the profit from the sale.
You can work with a team of attorneys, accountants, and real estate agents during the sale or a mix of those professions depending on how you wish to sell your property.
Once you've found a buyer, a preliminary agreement is drawn up, outlining the terms of the sale, including the price, payment method, and deadlines. This can be done with the assistance of a lawyer.
Note this information is purely a guide, and if selling or renting in Bolivia, we advise you to seek professional help as relates to your specific needs.
Find out how to list a property in Bolivia for sale .
