How can I rent my property if I live outside Serena del Mar?

Rent out my property in Cartagena

Rent out property remotely in Serena del Mar 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 Serena del Mar is, and what changes there

Serena del Mar runs on rules of its own. The land is developed under a plan parcial, a master plan adopted by District decree, and that decree, not a general reading of the POT, the city land-use plan, is what sets uses, land transfers to the city and development obligations for a given lot. So the document to request here is the adopting decree with its drawings; the land-use certificate that serves in a settled neighborhood is not enough. The second difference is a layer of private government that exists nowhere else: the ciudadela, the master community, has its own statutes, an architectural committee and design rules governing façades, fences and renovations, and those rules follow the property on resale, binding a buyer who never negotiated them. The third is the counterparty: you usually deal with the developer or with a fiduciaria, a trust company, administering the stages, and the unit's registry record descends from a very large parent parcel subdivided in phases, so title is verified upward, to the matriz, the parent record, and to the deeds transferring land to the District. Infrastructure was built by the developer: what matters is whether it has been handed over to the utility or is still privately held.

Colombian living abroad

This is the case apart. You need no visa and no cédula de extranjería, because your document is the Colombian cédula, and that is exactly what gets neglected: check that the cédula is current and that its details match the registry, because an unrecorded change of marital status or surname stops the deed. The money, though, does come from abroad, so the transfer enters through the regulated exchange market with its declaración de cambio like anyone else's, and if you are not a Colombian tax resident that inflow may have to be registered as foreign investment with the Banco de la República: they are who to ask whether your particular case requires it. What really changes is how you file. Tax residence is not chosen, it is determined by rules, and not being a Colombian tax resident alters what is withheld from you and what you report to the DIAN, both on rent and on sale. For signing from abroad, the Colombian consulate where you live grants the poder. And the tax question is whether a treaty exists between Colombia and the country where you live and what it says about rental income and about ganancia ocasional, with an accountant in each country.

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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