How to rent and purchase real estate in Colombia
This chapter includes general information on lease agreements for foreign nationals in Bogotá, the purchase of real estate and all associated procedures.
The process for acquiring real estate applicable to foreign nationals does not differ from the process applicable to Colombian nationals, except for the need to provide documentation to prove that the foreign national is in the country legally.
The basic steps for buying real estate in Colombia are the following:
- Step 1: Preliminary stage of Due Diligence (Optional)
- Step 2: Promise to Purchase Agreement (Optional).
- Step 3: Public Deed.
- Step 4: Registration.
Basic steps for leasing real estate in Colombia:
- Step 1: Where to look for properties?
- Step 2: Requirements
- Step 3: Selection process
- Step 4: Monthly payment
Updated (mm/dd/yyyy): 02.22.2018