Shovel-Ready Funding in Costa Rica
Shovel-ready funding can help property owners and project sponsors prepare or complete a practical Costa Rica real estate opportunity. This may include site improvements, access, utilities, permits, construction readiness, project completion, or selected development work tied to a property with a clear plan.
What Makes a Project Shovel-Ready?
A shovel-ready request has more than an idea. It has a property, a defined purpose for the funds, realistic costs, and a practical plan for repayment. The strongest files clearly show the location, title, access, available equity, project stage, required permits, budget, timeline, and what the completed property or project will be worth or produce.
What GAP Reviews
GAP reviews the property, title, liens, location, marketability, value, loan purpose, repayment plan, and exit strategy. For land, pre-development, construction, or project-readiness requests, the file may also need plans, permits where required, budgets, contractor information, utility details, road access, drainage, and a clear explanation of the next stage.
Core Loan Structure
- Loan requests start at US$50,000.
- Terms range from 3 months to 3 years.
- GAP does not require or pull a credit score.
- There is no fixed down-payment requirement.
- Qualified borrowers of any nationality can be reviewed.
- GAP works only with first-lien positions.
- Legal fees and closing costs are reviewed as part of the loan structure and include GAP’s fee where applicable.
- The closing attorney or Notary Public prepares the legal documents and handles registration.
Land and Pre-Development Requests
Land and pre-development requests need a practical approach. Usable access, location, title, utilities, drainage, topography, permits, and marketability can all affect the proposed structure. Development-ready land with a clear next step is generally easier to review than a remote or undeveloped parcel with no defined use or exit plan.
What to Send First
Start with the property location or Google Maps pin, requested loan amount, current value or recent purchase price, Plano Catastro, title information, recent landscape photographs, and a short explanation of the project and repayment plan. For construction or development work, include available plans, permits where required, budget, contractor information, and the stage of completion.
What Happens Next
Lawsen Tellier, Director of Operations, can help explain what is most important first and what can be gathered as the file moves forward. Once the complete file is in and GAP due diligence is finished, qualified loans often close in about 10 business days. Timing can depend on property documents, legal work, banking, permits, project information, and closing requirements.
Related GAP Equity Loans Resources
- Project Funding in Costa Rica
- How to Get a Construction Loan in Costa Rica
- Property-Backed Loan Requirements in Costa Rica
- Why Property-Backed Loans Don’t Move Forward in Costa Rica
- Why Site Visits Matter Before a Property-Backed Loan
- How It Works
- Types of Loans in Costa Rica
Discuss Your Project
Use the Loan Request form or contact GAP Equity Loans to discuss a shovel-ready property or project request. A clear starting file helps us understand the property, the proposed work, and the financing structure being considered.
GAP Equity Loans
Website: https://gapequityloans.com/
Project Funding: https://gapequityloans.com/project-funding-in-costa-rica/
Loan Request: https://gapequityloans.com/loan-request/
WhatsApp: +(506)-4001-6413
USA/Canada: (855)-562-6427
Email: info@gap.cr