How can I sell if I live outside El Laguito beachfront?

Sell property in Cartagena

Sell property remotely in El Laguito frente al mar Here is what changes in this sector and what to have ready before going to market.

Selling from abroad is common in this city and works well when representation is settled at the outset. The central piece is a power of attorney granted with the formalities Colombian procedure requires, signed before a consulate or before a notary abroad with the matching legalization or apostille, and drafted with authority broad enough for everything the holder will do: sign the purchase promise, sign the deed, receive payment and attend to the related filings. An incomplete power has to be redone, and that is the most frequent delay of all. It also helps to arrange in advance how you will receive funds, with an account in your name in the country and clarity on the transfer route abroad, a matter to raise with your bank and your accountant. Then settle who holds physical access for showings, who pays property tax, utilities and administration fees meanwhile, and through which channel you will get updates. Dimare Collection runs the process in Cartagena and works with allied licensed brokers in the United States; Nisimblat Law handles the legal side.

What El Laguito frente al mar is, and what changes there

El Laguito is the point at the end of Bocagrande, nearly surrounded by water, so almost everything in it is close to a shore of some kind and the front line distinction becomes a question of which water. The ocean side carries the beach, the activity and the lodging demand; the inner side faces the lagoon and the bay, quieter and with a different light, a different breeze and different exposure for a building's envelope. Set against the sector's interior, where towers stand close together and the street is narrow, the open front offers horizon and the premium that goes with it, while also absorbing the most salt, the most noise and the heaviest seasonal traffic on a point with a single way in and out. The stock on this edge is largely older, dense apartment buildings, many of them long used for visitor accommodation, which makes the condition of the structure, the accounts of the condominium and the history of facade work decisive. Whether a unit may host paying guests is a matter for that building's rules.

Canadian buyer

The money usually leaves in Canadian dollars and arrives converted, so the transfer crosses two banks and a currency conversion before it enters the Colombian exchange market with its declaración de cambio. Ask your bank in writing which beneficiary details it requires, and ask the Banco de la República how registration of foreign investment works, because a transfer that arrives wrongly recorded is fixed afterwards and at a cost. The power of attorney for signing from abroad is granted either before a Colombian consul or before a notary in your province and then apostilled; since the apostille depends on the country being party to the Hague Convention, the Cancillería is who confirms which seal your document needs and which provincial office issues it. Visas and the cédula de extranjería are a question for Migración Colombia, not something to infer from what another buyer told you. The tax question to settle is whether a treaty exists between Colombia and your country and what it says about rental income and about ganancia ocasional, and it is settled with an accountant in each country before you sign the promesa de compraventa, not in next year's return.

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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