Rent out my property in Cartagena
Avoid problems when renting out in Morros 3 Here is what changes in this sector and what to put in writing before handing the property over.
Prevention here looks not at the candidate but at the building and at the relationship that follows signing. In a house that means leaving the construction sound before anyone moves in: roof and gutters checked ahead of the rains, damp treated at its cause instead of merely painted over, electrical and water systems verified, locks and grilles in order, trees pruned, pumps and tanks serviced. It also means building a relationship with rules: one single channel of communication, a trusted technician who can attend faults quickly, inspection visits arranged in advance with the resident, and a written trail of every report and every fix. Document the condition with photographs from day one and keep the invoices for whatever is repaired. What produces nearly all the friction is silence: a leak reported and ignored ends in a complaint, and an owner who stops answering loses the standing to demand care. Keeping an eye on the place costs less than repairing it all at once at the end. Dimare Collection can take on that follow up in Cartagena.
What Morros 3 is, and what changes there
This is one of the numbered developments within the Morros and Manzanillo corridor, the coastal stretch of closed residential complexes north of the airport. Numbered names in this band usually signal successive stages or related phases by the same promoter, which matters as a product distinction: different stages of a single development can differ in age, in the shared areas they include and in how far they sit from the shoreline, even when they carry a common name. In every case what is acquired is a unit under the condominium regime, with collective ownership of common areas and an assembly setting dues and rules, so the file that governs the decision is the building's own. The characteristics of this particular stage, whether it is finished or still being built, and whether anything in it can be offered are determined one at a time from current documents rather than from the name. What surrounds it along this band is also uneven, with built complexes beside parcels at earlier stages, and seasonal use of a unit depends on the rules adopted inside that specific condominium.
Want to rent out your property in Morros 3?
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 Morros 3?
We will explain how we select the tenant and what goes in writing before the property is handed over.