Indacochea & Asociados has cemented its position at the forefront of the real estate market thanks to its full-service offering, which encompasses the development of real estate projects, from financing, construction and development advice to the sale, transfer and purchase of property. The practice excels in the drafting of real estate contracts, including sale, lease and construction contracts, and has knowledge of niche areas, such as horizontal property matters. The team’s extensive portfolio includes commercial, office, residential, financial, agro-industrial and hotel projects. It also advises clients throughout the full life cycle of infrastructure projects, with expertise in areas such as land management. Practice head Anwar Farah is a leading figure in the field of urban development, with expertise in land use, urbanisation processes and relevant licenses. He advises a diverse roster of clients, spanning the commercial, hotel and agro-industrial sectors, on real estate investment and the structuring of real estate projects. At the associate level, Fabiana Vaca Pereira plays a key role in the registration and regularisation of real estate matters before public institutions, including transfers, mergers and purchases. Alejandra Suárez guides clients through transactions, from the acquisition to the sale or lease of properties. Maria Jose Martinez left the firm in July 2023 for an in-house position.

Drawing on the firm’s banking and finance, corporate and tax expertise, Moreno Baldivieso Estudio De Abogados’ real estate team is able to provide comprehensive advice in market-leading real estate transactions. The group is sought out by large companies developing significant construction projects on a regular basis. In addition to multinational corporations, the practice also advises a growing list of developers, investors, resource managers and foreign embassies in Bolivia. Property acquisition is another area of focus, and the group is adept at purchase, sale and transfer negotiations, the drafting of regularisation documents and contracts, and handling matters before the real estate authorities. Three partners jointly lead the team: René Cuellar takes the lead in complex construction and engineering projects across the energy, agribusiness and commercial sectors; Luis Moreno acts for major corporations in the real estate and retail sectors in M&A transactions; and Teddy Mercado excels in negotiations related to the acquisition, sale and purchase of real estate. With a wealth of litigation experience, Delfor Zapata is regularly called upon to handle land ownership and multi-party land disputes and possessory actions.

Criales & Urcullo has carved out a niche in the real estate sector in advising investment funds on the acquisition of property. The team has a successful track record representing these funds in negotiations with the Bolivian authorities on the property registration process, and advises on the procurement requirements, tax and accounting aspects. As well as investment funds, the group’s client base includes international clients, foreign embassies in Bolivia and real estate developers. Practice co-head José Antonio Criales is adept at drafting complex construction contracts and EPC agreements; he also participates in arbitration proceedings stemming from construction disputes. He heads the team alongside Adrian Barrenechea B. and David Alcozer Alcón, who plays a lead role advising clients on regularisation processes.

Four pillars make up the core of PPO Abogados’ real estate practice: transactional, regulatory, consultancy and dispute resolution advice. The team is active in real estate transactions, handling due diligence processes and drafting sale, lease, occupancy and assignment agreements. Its consultancy practice encompasses environmental compliance, zoning and land use entitlement, as well as entity formation and tax advice within the real estate sector. The group has experience before the real estate authorities, with a successful track record in obtaining government permissions and specialised authorisations. Contract enforcement also falls within the team’s remit, and it has an established construction disputes practice. Three partners jointly lead the team: Carlos Pinto, Marcial Fernández and Diego Böhrt.

Serrate Paz y Asociados is distinguished in the real estate sector by its successful track record in real estate disputes. The team handles property ownership disputes, breach of contract claims and zoning issues. It represents clients in both litigation and arbitration, as well as other methods of dispute resolution, and excels in negotiation, particularly with the relevant authorities. The firm also has a comprehensive transactional real estate practice, guiding clients through due diligence processes and drafting contracts and agreements, from regularisation to acquisition and transfer documentation. Practice head José Mario Serrate Paz Ramajo is an experienced arbitrator, representing both domestic and foreign companies in arbitration proceedings.

Real estate investment has been a recent area of growth for the team at Bufete Aguirre, Quintanilla, Soria & Nishizawa Sociedad Civil – (BAQSN). The firm advises international organisations and embassies, regularly handling projects with cross-border aspects. Also active in the development of real estate, the practice is involved in significant projects, such as the construction of the Green Tower in Santa Cruz de la Sierra. Fernando Aguirre leads the team alongside Santiago Nishizawa. Eduardo Quintanilla, Ignacio Aguirre and Gonzalo Prudencio also play active roles in the firm’s real estate matters.

With a strong background in the reorganisation of property rights, Medina, Galindo & Richter Abogados S.R.L. excels in the preparation of documents for facilities transfers and inheritance processes. The team has experience before the real estate authorities and the Bolivian Registry of Commerce, handling construction contracts, sale and purchase agreements, and the obtention of necessary licenses. It has also been retained by a number of clients to oversee significant construction projects. Rodrigo Galindo Garret leads the team, focusing his practice on the infrastructure and engineering sectors, advising both domestic and foreign companies on the development of specialised projects in Bolivia. Sergio Medina Bozo provides support from a tax perspective.