Colombia Guide: Property

Buying property isn't easy anywhere, but it gets even more complicated if you have to deal with an unknown property market and legal restrictions of a foreign country. Read our property guide to get a good start – and to avoid mistakes you might later regret.

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  Colombian property market

  Boom or bubble?

  Housing prices have risen significantly in Colombia due to a stronger economy helped by the election of new president Juan Manuel Santos in 2010.

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  Buying vs. renting

  Where to buy and who buys?

  So you’ve decided to move to Colombia. The first question you need to ask yourself is which area do you wish to live in? And after that, you will have to ask yourself should you buy a property or rent?

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  Buying a house in Colombia

  The basics for expats

  It is debatable if you need to hire a lawyer when buying property. But it is recommended that you hire a translator if your Spanish isn’t very good. Similarly, when renting, it is important to use a translator and a landlord that you trust.

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  Utilities in Colombia

  Electricity, gas and water

  Utilities such as water and electricity have improved in terms of access over the past few years. However, only 70% the population have access to safe drinking water. Equally, access to electricity is not completely stable as only 90% of the population receives it. It is mostly those living in the rural areas that suffer the most in terms of access to utilities.

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