Property for Sale Colombia – Homes For Sale Colombia
Explore property for sale and homes for sale throughout Colombia by searching real estate listings from owners, agents, developers, and hotel owners. Whether you’re looking for land to build a new home or an investment opportunity, Colombia offers a variety of options.
Selling Property in Colombia
Homesgofast.com provides exposure to international buyers seeking holiday homes, relocation properties, second homes overseas, or investment opportunities. Consequently, our platform attracts visitors from the UK, USA, Europe, and beyond, allowing you to advertise your Colombian property listings effectively.
Land for Sale in Colombia
Use Homesgofast.com to find land for development in desirable locations such as Bogotá, Medellín, and Cartagena. You can enjoy stunning urban and rural views, proximity to cultural landmarks, and vibrant communities. Moreover, you can find land for sale near popular tourist attractions and dynamic cities.
Investing in Colombian Real Estate
Rental Income
If you are a nonresident earning rental income in Colombia, you are taxed at a flat rate of 35% on the gross rental income. Unfortunately, deductions are not allowed.
Investment Property Colombia
Capital Gains
Capital gains from property sales are taxed at a rate of 10% for nonresidents. However, exemptions and deductions may apply, reducing the effective tax rate.
Inheritance
Inheritance tax is imposed at varying rates depending on the value of the estate and the relationship of the beneficiary to the deceased.
Residents
Colombian residents are taxed on their worldwide income, including income from property investments abroad.
For more information, the National Administrative Department of Statistics (DANE) provides independent statistics on various economic indicators.
Colombian Rural Properties for Sale
Recent sales in Colombia include:
- A luxury villa in Bogotá
- A countryside estate in Medellín
- Charming apartments in Cartagena
- Modern penthouses in Cali
Living in Colombia
The rental market in major Colombian cities and popular tourist areas can be competitive. Rental prices vary, but you should expect to pay a premium for central and scenic locations. The demand for rental properties is high due to the influx of tourists, expatriates, and investors.
Buying a House in Colombia
Property transaction costs in Colombia typically range from 5% to 10% of the property price. Buyers are responsible for these costs, which include real estate agent fees, notary fees, and registration fees. Real estate agent commissions are usually between 3% and 5% of the sales price, plus VAT. Notary fees and other closing costs vary but are often significant.
Bogotá Property
Bogotá, the capital, is known for its vibrant culture, modern architecture, and diverse real estate market. Therefore, property prices are highest in central districts like Chapinero and Usaquén.
Medellín
Medellín, located in the Aburrá Valley, is famous for its pleasant climate and innovative public transportation system. It is a prime location for holiday homes and luxury properties.
Cartagena Real Estate
Cartagena offers stunning properties with breathtaking views of the Caribbean Sea. It is a popular area for both residential and investment properties.
Cali Real Estate
Cali is renowned for its vibrant culture and strategic location. It offers a mix of luxury homes and urban residences.
Discover Your Dream Home: Exclusive Properties for Sale
Whether you’re looking to immerse yourself in the vibrant culture of Colombia or seeking a serene getaway in various picturesque locations around the world, our curated list of properties offers something uniquely suited for every discerning buyer. Explore our diverse collection of luxury homes and villas, each promising a distinct lifestyle and exclusivity.
Typical Homes For Sale in Colombia
- Luxury Villa in Bogotá
Price: $2,500,000 USD
Features: 6 Bedrooms, 7 Baths, 800m²
A lavish estate with modern amenities and expansive gardens. - Countryside Estate in Medellín
Price: $3,000,000 USD
Features: 5 Bedrooms, 6 Baths, 750m²
Elegantly designed villa with scenic views. - Charming Apartment in Cartagena
Price: $800,000 USD
Features: 3 Bedrooms, 3 Baths, 300m²
A stylish apartment in the heart of the city. - Modern Penthouse in Cali
Price: $1,200,000 USD
Features: 4 Bedrooms, 5 Baths, 500m²
A contemporary penthouse with stunning city views.
Property For Sale By Owner
At Homesgofast.com, property owners have the opportunity to sell their homes directly through our platform. This allows buyers to purchase homes directly from the owners, ensuring a more personalized and potentially cost-effective transaction. By listing your property with us, you can reach a global audience and manage the sale process on your terms.
Cheap Property for Sale in Colombia
If you are looking for affordable options, there are many cheap houses for sale in Colombia. Homes for sale in Colombia can range from budget-friendly apartments to charming rural homes. These properties provide an excellent opportunity for first-time buyers and investors looking for cost-effective real estate options.
More Areas Where Homesgofast.com Helps Sell Colombian Property
- Bucaramanga Real Estate Listings
- Pereira Real Estate Listings
- Santa Marta Real Estate Listings
- Manizales Real Estate Listings
- Armenia Real Estate Listings
- Ibague Real Estate Listings
- Villavicencio Real Estate Listings
- Popayán Real Estate Listings
Resources
More about Colombia here: Colombia
FAQs About Colombia Real Estate for Foreign Buyers
Can foreigners buy property in Colombia?
Yes, foreigners can buy property in Colombia. However, it is important to be aware of the local regulations and restrictions that may apply.
What are the ownership restrictions for foreigners?
Foreigners can purchase property in Colombia without significant restrictions. However, owning rural land near borders may have additional regulations.
What is the process for buying property in Colombia?
The process for buying property in Colombia includes finding a property, signing a preliminary sales agreement, conducting due diligence, signing the final sales contract, and registering the property. It is important to work with a reputable real estate agent and legal advisor.
Are there financing options available for foreign buyers?
Financing options for foreign buyers in Colombia are limited. Most foreign buyers pay in cash or seek financing from banks in their home countries. Some local banks may offer loans to foreigners, but the terms and availability vary.
What taxes and fees are associated with buying property in Colombia?
When buying property in Colombia, foreign buyers need to pay registration fees, notary fees, and other administrative costs. Additionally, there may be taxes on rental income and capital gains tax on property sales.
Where to find more out about Colombia
Colombia Government Official Site