Rent out my property in Cartagena
Rent out my apartment in Castillo Grande Here is what changes in this sector and what to put in writing before handing the property over.
Renting out an apartment for a year or longer starts with looking at it the way someone who will actually live there will: floors, bathrooms, kitchen, any sign of moisture, and whether the air conditioning really works. The next front is the building itself, because life in a condominium runs on rules: dues paid up, internal regulations, parking and common area use, moving hours. Only then come pricing, promotion and choosing the occupant, and the written agreement and physical handover come last. Put in writing the list of whatever stays inside, the condition it is received in, who covers building dues and utilities, and the channel the two sides will use to talk. The most common slip is assuming the building will accept any use or any number of residents, and handing over keys with no report and no photographs. Pre inspection also gets skipped: one leak or one tired water heater turns into an argument by the second month. Outcomes depend on the unit, the sector and the asking price, so no timeline can be promised. In Cartagena, Dimare Collection walks owners through this, and legal matters sit with Nisimblat Law.
What Castillo Grande is, and what changes there
In Castillogrande the typical deal is not a unit in a condominium but a house and its lot, which puts the weight of the file back on the chain of title to the land: you climb through the deeds to the parcelación, the original subdivision that created the block, because those platting deeds registered conditions, setbacks and easements that still bind and that are invisible from the street. There is no building manager to issue a paz y salvo, a no-arrears certificate, and no assembly to settle anything, so boundary questions with a neighbor are argued between private parties and what governs is the title and the survey, not a set of house rules. The counterparty is usually an old city family and, fairly often, a family company that owns the property: then you must decide whether to buy the real estate or the company's shares, two different transactions with different paperwork and different exposure, and request the certificado de existencia y representación, the corporate good-standing and signing-authority certificate, together with the resolution approving the sale. And because the neighborhood is fully built out, any construction is permitted on an already developed lot, with neighbors entitled to take part in the proceeding.
Want to rent out your property in Castillo Grande?
We will explain how we select the tenant and what goes in writing before the property is handed over.
Spanish buyer
Funds leave in euros and arrive converted, so the figure on the escritura and the figure that left your account do not match. You need to be able to explain that gap, which is why the declaración de cambio and the registration of foreign investment with the Banco de la República are prepared before the transfer and not after it. Sharing the language helps and also misleads: Spanish and Colombian notarial vocabulary do not mean the same thing, and it is worth having someone explain what the certificado de tradición y libertad, the title and encumbrance certificate, actually is here, and what falsa tradición, a defective chain of title, means, because neither has an equivalent at home. The poder for signing from abroad is granted before a Colombian consul in your city or before a notary and apostilled, and the CancillerÃa confirms which form the Cartagena notarÃa accepts. Visas and the cédula de extranjerÃa are a question for Migración Colombia. The tax question, for an accountant in each country, is whether a treaty exists between Colombia and your country and what it says about rental income and about ganancia ocasional, since as a Spanish tax resident the property is reported there too.
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 rent out your property in Castillo Grande?
We will explain how we select the tenant and what goes in writing before the property is handed over.