How can I rent my property if I live outside Morros Epic?

Rent out my property in Cartagena

Rent out property remotely in Morros Epic Here is what changes in this sector and what to put in writing before handing the property over.

Renting from abroad rests on two things: clear representation in the city and agreed procedures. Representation means settling who shows the property, who lets a technician in, who signs whatever needs signing and with what authority, which is why the scope of a power of attorney is the first thing to raise with a lawyer. Procedures mean knowing in advance how money reaches the right account, how you confirm each month that it arrived, how reports on the condition of the property come through, and how an urgent expense gets approved from far away, including across a time difference. Set a written spending ceiling the representative can act within without waiting for a reply, and agree on periodic inspections with photographs. Tax duties for an owner living overseas and the banking handling of the proceeds are questions for an accountant and a lawyer before starting rather than after. What usually breaks down is relying on a relative with no instructions and no authority, and then going months with no information. Dimare Collection carries out that local management for absent owners.

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.

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 Cancillería confirms which form the Cartagena notaría accepts. Visas and the cédula de extranjería 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.

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