HOUSING IN BOLIVIA
Properties are still affordable in Bolivia, but prices are on the rise. You can find rural properties, quintas (country homes), houses, apartments, condominiums, hotel and timeshare properties, and office spaces for sale, rent and anticrético (click for more information on this option which is not available in the U.S.) Because real estate is immovable, properties (usually called propiedades) are also frequently called propiedades "inmuebles". Conversely, furnishings (which are moveable property) are called "muebles". Therefore, real estate agents are called "agentes inmobiliarios". Their companies are called "inmobiliarias". Another word for real estate is "bienes raíces" (literally translated as "rooted belongings", again because they are immovable) and agents sometimes are called "agentes de bienes raíces". When you purchase or sell property you must register and pay taxes to the government by going to the department of "derechos reales" (property ownership rights) to record your transaction. Real estate agents who sell a property will charge the property owner a commission to do so. If they are helping a buyer purchase a property, the buyer pays them a one-time commission. And unlike in the U.S. if you use a real estate agent to help you find a rental property YOU THE RENTER will also pay a commission for this assistance, usually equal to a percentage of one month's rent. This assistance is not free here.
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