Cobalt ferrite has attracted considerable attention in recent years due to its unique physical properties such as high Curie temperature, large magnetocrystalline anisotropy, moderate saturation magnetization, large magnetostrictive coefficient, excellent chemical stability and mechanical hardness. In this work we present the preparation, of fucan coated cobalt ferrite nanoparticles by a modified co-precipitation method and the study of their structural, microstructural and magnetic characteristics for their application as a solid support for enzymes immobilization and other biotechnology applications. Aqueous suspensions of magnetic particles were prepared by coprecipitation of Fe(III) and Co(II) in the presence of NaOH, acid oleic and fucan polymer. The X-ray diffraction indicates that the funtionalization does not degrade the core cobalt ferrite. The infrared (FTIR) bands, indicate the functional characteristics of the coating on the cobalt ferrite. Mössbauer spectra at room temperature indicate the presence of a broadened sextet plus a doublet which is typical of superparamagnetic relaxation. For the Co-ferrite uncoated and coated with fucan the doublets have areas of 36.1 % and 40.3 % respectively, indicating the presence of non-interacting particles and faster relaxation time. The Co-ferrite coated with oleic acid and oleic acid plus fucan have areas around 17.5 % and 17.1 % respectively which indicate a weak superparamagnetic relaxation due to a slow relaxation time. The magnetization measurements of the cobalt ferrite nanoparticles with and without coating confirm that they are superparamagnetic and this behavior is produced by the core nanoparticles rather than the coatings. The cobalt ferrite nanoparticles coated with oleic acid presented the highest magnetization than when coating with fucan. © 2013 Springer Science+Business Media Dordrecht.