Costa Rica is a country known for its biodiversity and focus on conservation. Therefore, conservation easements play a crucial role in the development of sustainable or eco-friendly real estate.
With conservation easements, property owners can protect natural areas within their properties, contributing to the preservation of the environment and even providing the opportunity to add value to the property.
What is a conservation easement?
A conservation easement is a legal agreement that provides a right-of-way through someone else’s property for various purposes. In conservation easements, however, the purpose is to restrict the use of a property in order to protect natural resources.
For example; forests, rivers or biodiversity zones and protected areas. In Costa Rica, these types of easements have been key to promoting responsible development.
Thanks to this easement system, forests and natural resources that could otherwise affect the local ecosystem are protected.
Benefits of implementation
Some of the benefits of conservation easements are found in the protection of the ecosystem. But did you know that it can also increase the value of a property? by providing the opportunity to develop ecotourism or reforestation activities
Remember that a land use permit is required to develop economic activities on your property that are not residential. In addition, new types of properties, such as tourist properties, benefit from conservation easements.
Regulations and Legal Processes
From a legal perspective, these types of easements are governed by environmental and forestry laws. Landowners must work with environmental and real estate attorneys to reach agreements that maximize benefits for all parties.
A conservation easement may also require the protection of areas of historic value, scenic beauty, or architecture, but the most common are those that regulate what can be done with areas adjacent to protected lands.
Environmental protection and real estate development are not mutually exclusive, especially in Costa Rica. Sustainable development options can add value to your next real estate project. At Nativu we offer properties focused on production and development, but if you are looking for options that suit your needs and stand out for their natural beauty, don’t hesitate to explore our catalog of properties.