Sell a house in Bocagrande Here is what changes in this sector and what to have ready before going to market.
A house has no building administration and no condominium bylaws shaping the sale, so the weight shifts onto the land itself: boundaries, lot and built area, and everything added over the years. The first task is to compare what stands today against what the deed and the registry folio describe, because extensions, added floors, pools and perimeter walls built without permits and never recorded are the most common source of trouble once a buyer applies for financing and the bank reviews the file. Also look at rights of way, shared walls, water and power connections, and structural, roof and moisture condition, which the local climate exposes quickly. With that settled you set the asking figure, tidy the garden and outdoor areas, which genuinely matter here, and arrange showings. Before publishing anything it helps to hold the deed, the registry certificate, tax receipts and any plans or permits. How long the process runs depends on the market and the price. Nisimblat Law takes care of the legal work in Colombia, from the purchase promise through the deed.
What Bocagrande is, and what changes there
Bocagrande works like a mature resale market, with consequences that do not repeat up north. The counterparty is almost never a builder: it is a long-standing owner or, very often, an unsettled sucesión, an estate proceeding, whose heirs live in different countries, so closing depends not on one power of attorney but on several, and on the partition among them. The registry record is old too: it was opened when the building was submitted to the condominium regime, it carries legacy entries such as cancelled mortgages, patrimonio de familia and afectación a vivienda familiar, both family-home protections, or lifted attachments, and the recorded area does not always match a current survey, so you compare the registry record against the deed and against the unit's floor plan. The peninsula is also land reclaimed from the sea under subdivisions the District authorized in their day, and the oldest deeds still carry references to those parcelaciones, the original platting. Day-to-day power sits with the owners' assembly and its manager, so in a tower with a long record of decisions the minutes and the status of the condominium's lawsuits matter more than the brochure.
Want to sell in Bocagrande?
Request a market valuation of your property and we will explain how we present it to international buyers.
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 sell in Bocagrande?
Request a market valuation of your property and we will explain how we present it to international buyers.