Who handles repairs in a rental in Castillo Grande?

Rent out my property in Cartagena

Repairs in a rental property in Castillo Grande Here is what changes in this sector and what to put in writing before handing the property over.

In practice repairs get argued on three levels. Structural matters and whatever belongs to the property itself, such as the roof, embedded lines, walls and equipment that was already there, tend to land on the owner side. Daily wear, consumables such as bulbs or filters, and any damage caused by whoever lives there tend to land on the resident side. Between them sits a gray band of periodic servicing, air conditioning units, pumps and drain clearing, where nearly all conflict is born from nothing having been defined. So it pays to settle at the start who performs each service, how often, who funds it, how a fault is reported and through what channel, and what happens if the resident arranges a repair on their own. Which duties actually fall on each side, and the limits of what may be agreed, are worth confirming with a lawyer before signing. The commonest error is improvising every incident over text messages, with no record, until goodwill curdles. Nisimblat Law clears up those legal doubts.

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.

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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