Sell property remotely in Bocagrande Here is what changes in this sector and what to have ready before going to market.
Selling from abroad is common in this city and works well when representation is settled at the outset. The central piece is a power of attorney granted with the formalities Colombian procedure requires, signed before a consulate or before a notary abroad with the matching legalization or apostille, and drafted with authority broad enough for everything the holder will do: sign the purchase promise, sign the deed, receive payment and attend to the related filings. An incomplete power has to be redone, and that is the most frequent delay of all. It also helps to arrange in advance how you will receive funds, with an account in your name in the country and clarity on the transfer route abroad, a matter to raise with your bank and your accountant. Then settle who holds physical access for showings, who pays property tax, utilities and administration fees meanwhile, and through which channel you will get updates. Dimare Collection runs the process in Cartagena and works with allied licensed brokers in the United States; Nisimblat Law handles the legal side.
What Bocagrande is, and what changes there
Bocagrande works like a mature resale market, with consequences that do not repeat up north. The counterparty is almost never a builder: it is a long-standing owner or, very often, an unsettled sucesión, an estate proceeding, whose heirs live in different countries, so closing depends not on one power of attorney but on several, and on the partition among them. The registry record is old too: it was opened when the building was submitted to the condominium regime, it carries legacy entries such as cancelled mortgages, patrimonio de familia and afectación a vivienda familiar, both family-home protections, or lifted attachments, and the recorded area does not always match a current survey, so you compare the registry record against the deed and against the unit's floor plan. The peninsula is also land reclaimed from the sea under subdivisions the District authorized in their day, and the oldest deeds still carry references to those parcelaciones, the original platting. Day-to-day power sits with the owners' assembly and its manager, so in a tower with a long record of decisions the minutes and the status of the condominium's lawsuits matter more than the brochure.
Want to sell in Bocagrande?
Request a market valuation of your property and we will explain how we present it to international buyers.
Canadian buyer
The money usually leaves in Canadian dollars and arrives converted, so the transfer crosses two banks and a currency conversion before it enters the Colombian exchange market with its declaración de cambio. Ask your bank in writing which beneficiary details it requires, and ask the Banco de la República how registration of foreign investment works, because a transfer that arrives wrongly recorded is fixed afterwards and at a cost. The power of attorney for signing from abroad is granted either before a Colombian consul or before a notary in your province and then apostilled; since the apostille depends on the country being party to the Hague Convention, the CancillerÃa is who confirms which seal your document needs and which provincial office issues it. Visas and the cédula de extranjerÃa are a question for Migración Colombia, not something to infer from what another buyer told you. The tax question to settle is whether a treaty exists between Colombia and your country and what it says about rental income and about ganancia ocasional, and it is settled with an accountant in each country before you sign the promesa de compraventa, not in next year's return.
The next step
Write to us with what you are looking for and we will send you what is available. Availability, price and the terms of each property are confirmed before any offer.
Want to sell in Bocagrande?
Request a market valuation of your property and we will explain how we present it to international buyers.