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Looking for Legislative Seat in Costa Rica

Banco de Costa Rica analyzes possible options for moving the seat of the Legislative National Assembly.

Tuesday, February 15, 2011

©image: asamblea.go.cr

Originally the institution would be placed in a building located in the Zapote area, near the presidential home, but the operation was unsuccessful.

Legislative representatives said they considered a 23.5 million property, also near the presidential home, but the owner desisted in selling the property and the Bank is evaluating 8 other options.

"On December 10 Banco de Costa Rica signed a trust agreement with the Legislature to find a new building. The Bank undertook the mission to locate a property and find also a temporary home for Congress, while building the new seat. The current offices were declared uninhabitable by the Ministry of Health" explains Nacion.com.

Source: Nacion.com

Key entities

Bank of Costa Rica Asamblea Legislativa (Costa Rica)

Insight

purchase of properties office building Real Estate Government

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Guatemala: Congress Discusses Purchase of Ritz Continental

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The building is owned by the Guatemalan Pediatric Foundation, located in the historic center and valued at $10 million.

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