What if a tenant falls behind on rent in Morros 3?

Rent out my property in Cartagena

Tenant behind on rent in Morros 3 Here is what changes in this sector and what to put in writing before handing the property over.

A late payment is handled better when the handling was planned in advance. First, have collection documented, because without a payment record the conversation becomes one account against another. Then reach out early through the channel that was agreed, keeping written evidence of every message and of what the resident answers. Many situations stem from one specific event and resolve through a payment arrangement, which is also worth writing and signing instead of leaving it in chat threads. If lateness repeats or the resident stops replying, the matter stops being commercial and it is time for a lawyer: that professional explains the routes available, what supporting material is needed, which communications should already have gone out, and in what form. Ask as well what to avoid while the case is pending. An owner who improvises usually weakens their own position: self help measures, cutting utilities, changing locks or informal demands leave traces that count against them later. And with no evidence of the agreed backing, recovery gets harder. Nisimblat Law handles these cases for Dimare Collection clients.

What Morros 3 is, and what changes there

This is one of the numbered developments within the Morros and Manzanillo corridor, the coastal stretch of closed residential complexes north of the airport. Numbered names in this band usually signal successive stages or related phases by the same promoter, which matters as a product distinction: different stages of a single development can differ in age, in the shared areas they include and in how far they sit from the shoreline, even when they carry a common name. In every case what is acquired is a unit under the condominium regime, with collective ownership of common areas and an assembly setting dues and rules, so the file that governs the decision is the building's own. The characteristics of this particular stage, whether it is finished or still being built, and whether anything in it can be offered are determined one at a time from current documents rather than from the name. What surrounds it along this band is also uneven, with built complexes beside parcels at earlier stages, and seasonal use of a unit depends on the rules adopted inside that specific condominium.

American buyer

Moving the money is not a formality. Funds leaving a US account have to enter Colombia through the regulated foreign-exchange market with a declaración de cambio, the exchange declaration, and the Banco de la República is the body that explains how the operation is recorded as foreign investment and in whose name, because whoever sends the money and whoever appears on the escritura, the deed, must be the same person or the same company. Signing from abroad has two routes that are not interchangeable: a poder, a power of attorney, granted before a Colombian consul where you live, or one granted before a notary public and then apostilled. Which one the Cartagena notaría will accept is a question for that notaría and for the Cancillería before you pay for a translation. Visas and the cédula de extranjería, the foreigner ID card, are a separate matter from the purchase and belong to Migración Colombia: buying does not stand in for the immigration process, nor the reverse. On tax, the question to settle is whether a treaty exists between Colombia and your country and what it says about rental income and about ganancia ocasional, the gain taxed on sale. Confirm that with an accountant in each country, not with the seller.

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.

Back to Rent out my property in Cartagena