Wondering What To Do With Your Cash?
Earn 9% to 16% annually — secured by Costa Rica real estate. First-position mortgage. Terms from 6 months to 3 years. US dollar loans.
Moving to Costa Rica but not ready to retire? You can’t take a job here until you have the right residency, but you can lend your money. GAP Investments connects private lenders with Costa Rica property owners who need a loan. Every loan has a real guarantee: the property, secured by a first-degree mortgage registered in the National Registry.
A Conservative Approach Starts With The Right Loan
GAP encourages lenders to start with loans near the 9% end of the range: a lower loan-to-value, a good property and a clear repayment plan. That is where most of our loans are, so your money is usually placed sooner. You review every loan before you commit.
Higher returns on more complex loans. These come along less often, so they suit experienced lenders who don’t mind waiting between loans.
GAP favors conservative loans with a lower LTV, a strong property and a realistic repayment plan. You review each loan before you commit.
A middle ground with good deal flow. Suits lenders with some private lending experience.
Your Capital Is Secured By Real Property
Every loan is secured by a first-position mortgage registered against Costa Rica real estate. Conservative loan-to-value means the borrower has significant equity at stake — and you have significant protection.
Every GAP lender must hold first-lien position. GAP never arranges second-position loans. Any existing mortgage must be paid off before or at closing so the new lender holds first-lien position. If a borrower doesn’t pay, the registered mortgage lets the lender ask the court to auction the property, and the lender’s interest and capital are paid from the sale before the borrower receives anything.
GAP prefers borrowing around 30% of property value or less, with 50% the maximum considered. At 30%, the property is worth more than three times the loan.
Loans are made, paid and repaid in US dollars.
Thousands of North Americans and Europeans own property in Costa Rica and need private financing. That demand keeps deals flowing to GAP lenders.
Led By Someone Who Has Done This For Decades
GAP Investments is led by Glenn Tellier and the Grupo GAP team, who have been structuring private real estate financing in Costa Rica for years. Every deal is reviewed for collateral, structure, documentation, and closing quality before a lender is introduced to it.
You do not need to understand Costa Rica law, the property registry, or the local lending process. GAP handles the due diligence, legal structure, and closing so you can focus on your return.
Glenn Tellier — Founder
Decades of financing experience in Costa Rica private lending, structuring deals that protect lenders first.
Three Steps To Earning In Costa Rica
The process is designed to keep things clear before any capital is committed.
Tell Us Your Appetite
Share how much you want to lend, your preferred rate range, and your ideal term length. GAP matches you to qualified borrowers.
Review The Deal
GAP presents the property, loan amount, LTV, borrower request, and proposed terms. You decide whether to proceed.
Close And Start Earning
GAP handles the legal structure, registration, and closing. You are placed in a first-lien position and begin receiving monthly interest.
You’ll Enjoy Working With Us If…
You Want Your Money Backed By Real Property
Every loan is secured by a first-lien position on Costa Rica real estate, registered in the National Registry, with the borrower holding plenty of equity in the property.
You Like Steady Monthly Interest
You would rather earn monthly interest on a well-secured loan than ride the ups and downs of the market, in US dollars, starting from US$50,000.
You Want The Homework Done For You
GAP checks the title, the property value and the borrower before a deal ever reaches you, and you review every loan before you commit.
Sound like you? Talk to Lawsen on WhatsApp +506 4001 6413 or at [email protected].
Insights for Costa Rica Private Lenders
Practical guides on how lending works, what protects your capital, and how to evaluate opportunities in Costa Rica’s private credit market.
Mortgage or Guarantee Trust: Which Suits the Lender?
Both instruments work; they suit different situations. Here is how to choose the structure that fits your position and the loan.
Investment Opportunities in Central America: Why Costa Rica Is Different
The differences between Costa Rica and its neighbors are material for anyone deploying private capital — here is what separates the market.
Lending for Commercial Real Estate in Costa Rica
Commercial files are different from residential. Here is what changes in the underwriting, the structure, and the risk profile.
The Grupo GAP Network
Costa Rica real estate investing — backed by the full GAP network
Real Estate
GAP Real Estate
Browse current Costa Rica property listings. GAP Real Estate sources many of the properties that GAP Investments finances — see the market you are lending into.
Borrowers
GAP Equity Loans
For property owners who need capital. GAP Equity Loans is the borrower-facing side of the same lending operation — bridge loans from $50K secured by Costa Rica real estate.
Immigration
CRIE — Costa Rica Immigration Experts
For residency and immigration questions, talk to CRIE. CRIE handles the legal process and has worked with the DGME process since 2008.
Parent company
Grupo GAP
Grupo GAP is the parent company of GAP Real Estate, GAP Equity Loans, and GAP Investments, connecting the group’s real estate and financing services in Costa Rica.
Ready To Put Your Capital To Work In Costa Rica?
Whether you are new to private lending or an experienced capital deployer, GAP can match you to the right loan at the right rate. Tell us your range and we will show you what is available.
Contact GAP Investments
View Lending Opportunities
Questions?
WhatsApp: +506 4001 6413 | | [email protected]
Standard Loan Valuation And Lender Payments
Who determines the property value?
GAP determines the property value used to calculate LTV, with input and acceptance from the lender. The borrower’s estimate does not determine the approved value or loan amount. Any calculator result is an illustration until GAP and the lender complete their review.
The lender’s agreed rate
For standard private loans, lenders receive the agreed annual rate without GAP fees deducted. A loan agreed at 12% pays the lender 12%; one agreed at 16% pays 16%. Borrowers pay all loan-related fees and costs. This does not describe an after-tax return or guarantee payment.
Early repayment
Early repayment carries a penalty. The amount and conditions vary by lender and will be explained when GAP reviews your proposed loan terms with you.
These are standard property-loan guidelines. Major-project financing from US$1 million is assessed separately.