Rent out my property in Cartagena
Letting agency services in Morros Epic Here is what changes in this sector and what to put in writing before handing the property over.
It helps to know which kinds of service exist so you hire neither more nor less than you need. There is valuation and price guidance, which studies comparable properties in the sector. There is commercial preparation: photography, copy and presentation material. There is promotion and handling of interested parties, answering inquiries and running showings. There is candidate study, requesting and verifying supporting papers. There is attendance at signing and at handover, with a condition report and inventory. And there is administration while the arrangement runs: collection and reporting to the owner, attending repairs, dealing with the building administration, and following through to renewal or restitution. Some owners take the whole package and others a single piece, depending on the time they can give and on whether they live in the city. When comparing providers, ask which tasks are included, how often you are informed, who authorizes spending and how fees work, all in writing. This is the map of what can be hired; actually opening the conversation is a separate step. In Cartagena, Dimare Collection performs this work and Nisimblat Law covers the legal side.
What Morros Epic is, and what changes there
Morros Epic is one of the developments in the Morros and Manzanillo corridor north of the airport, the stretch where closed residential complexes face the sea along the main road. Its name places it within that family of projects, which as a product format means condominium living: a private unit inside a building governed by its own bylaws, with shared areas, shared services and dues set by an owners' assembly rather than individual ownership of land. What that implies for a decision is that the relevant file is the building's and not the terrain's, and that the comparison worth making is with the neighboring complexes on the same stretch, which differ in age, density, position relative to the beach and the kind of shared space they offer. Nothing about the specific characteristics of this project, its current stage of construction or what may be offered in it should be taken from a name: each of those points is established case by case with current documentation. For renters and for owners thinking about seasonal use, the governing question is what the condominium rules permit, which is confirmed for that building and no other.
Want to rent out your property in Morros Epic?
We will explain how we select the tenant and what goes in writing before the property is handed over.
Mexican buyer
Two currencies are called pesos in this transaction, so always say which one you mean: the contract is signed in Colombian pesos while the money leaves in Mexican pesos. The transfer is converted, enters through the regulated exchange market with its declaración de cambio and is registered as foreign investment with the Banco de la República, which is who to ask about how and in whose name. The poder for signing from abroad is granted before a Colombian consul in the city where you live or before a notario público and then apostilled, and which of the two the Cartagena notarÃa wants is confirmed with that notarÃa and with the CancillerÃa before you fly anywhere to sign. Visa rules and the cédula de extranjerÃa are not the same for every nationality and belong to Migración Colombia: entering without a visa to visit the city and settling in it are two different situations. The tax question to settle with 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.
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 Epic?
We will explain how we select the tenant and what goes in writing before the property is handed over.