Condo vs. land (and house)
Choosing between a condo unit (departamento en condominio), an existing house, or a lot you'll build on.
Why it matters
Each changes your due diligence, costs and timeline.
Who helps
You make this choice yourself. Your own attorney can explain how each option is held and, for a condo, its bylaws and fees.
Condo law in BCS
Condos in BCS follow Condos in BCS follow Condos in BCS follow Condos in BCS follow Condos in BCS follow the Ley sobre el Régimen de Propiedad en Condominio para el Estado de BCS. Highlights: the owners' assembly is the top authority, meets at least once a year, and sets fees and the reserve fund; owners in arrears can lose their vote; the bylaws are recorded at the RPPC with the condo regime deed.
Common mistakes
- Not getting a no-debt letter from the HOA administrator (carta de no adeudo de cuotas) before closing; unpaid fees can follow the unit.
- Bylaws that ban or restrict short-term rentals.
Say it in Spanish
- ¿Me puede enviar el reglamento del condominio, la última acta de asamblea y el saldo del fondo de reserva?
Could you send the condo bylaws, the last assembly minutes and the reserve-fund balance?
Terms
Sources
Confirm the details for your case with your notario or attorney.
Common questions
What should I check in a condo?
The condo regime, bylaws, recent minutes, budget, reserve fund, rental rules and a no-debt letter.