BAC Trust auctions 611 m² house in San Pedro

The Zulay De Los Ángeles Estrada Zuñiga-Banco BAC San José-two thousand twenty-three trust, administered by Consultores Financieros COFIN S. A. in its capacity as trustee, will auction on Monday, November 23, 2026, a 611.76 square meter house in San Pedro de Montes de Oca, with a base price of 265,418.26 dollars. The first auction will take place at 2:30 p.m. at the trustee’s offices in Escazú, and the notice is published in La Gaceta No. 210 of Thursday, November 5, 2026, under official reference IN202601137691.

The announcement is signed by Marvin Danilo Zamora Méndez, secretary with powers of general attorney without limit of amount for Consultores Financieros COFIN S. A., and is issued in compliance with the provisions of the trust, registered in the National Registry at Volume 2020, Entry 00129872-01. The property being auctioned carries a mortgage lien registered under reference 2018-322014-01-0003-001 in favor of Banco BAC San José S. A.

The call is part of the auctions and notices section of the official gazette and includes three successive dates with progressive reductions of the base price, a mechanism designed to attract bidders when the first auction remains vacant. All auctions will be held at the same location: Escazú, San Rafael, Avenida Escazú Torre AE two, fourth floor, offices of Consultores Financieros Cofin S. A.

The property and its boundaries

The property being auctioned is located in the province of San José, registry number 297965-000, of a nature to be built with a house, situated in the first district of San Pedro, canton fifteen Montes de Oca, in a cadastral zone, with cadastral plan SJ-0947807-2004.

Measurement: 611 meters and 76 square decimeters.
North: José Ángel García González.
South: Isabel María Carballo Vargas.
East: Propiedades Urbanas y Rurales Monge Limitada.
West: public street with 24 meters.
Registry status: free of annotations and with a mortgage lien registered in favor of Banco BAC San José S. A.

Three dates with discounts of 25% and 50%

First auction: November 23, 2026, at 2:30 p.m., with a base of 265,418.26 dollars.
Second auction: December 2, 2026, at 2:30 p.m., five business days after the first, with a 25% discount on the base.
Third auction: December 10, 2026, at 2:30 p.m., five business days after the second, with a 50% discount on the original base.

Starting from the first auction attempt, the trust beneficiary may award the property to themselves for the base price.

Prior deposit and deadline to pay the price

To participate in any of the auctions, the bidder must deposit with the trustee, within the hour immediately preceding the opening of bids, 50% of the base price of the trust asset, via certified check or cashier’s check payable to the trustee.

Anyone who does not make this deposit, or has not been relieved of the obligation by the trustor, may not participate in the respective auction.
The successful bidder has 3 non-extendable business days, counted from the date of the auction, to complete the 100% of the price with a certified check, cash, or another high-liquidity asset accepted by the trustee.
If payment is not made within that period, the auction shall be declared null and void, and the trustee will deliver 30% of the deposit to the trustor as fixed liquidated damages, while the remainder will be paid toward the credits to be applied to the amounts owed.

The auction is of interest both to real estate investors seeking a residential property in the Montes de Oca university corridor and to the parties of the trust, because the notice precisely sets the base, discounts, deposits, and consequences of default: any bidder can calculate in advance the amount to be deposited and the risk of losing 30% of the deposit, and the trustor retains the option to award the house to themselves from the first call.

Source: La Gaceta, No. 210 of November 5, 2026, Auctions–Notices section, p. 68 (official reference: IN202601137691).