Owning Colombian Property

Rikito says on Oct 12, 2007, 05:41:

Well, I own property. I bought a house for $100,000USD and all I needed was my passport. Same for my car. Can you own property? Sure you can and Colombia encourages it. Just get a good real estate attorney to help you through the morass as is similar in the U.S.

...and so it goes

0 funny, 0 helpful.

john_stark says on Oct 12, 2007, 05:54:

Where was the house?

0 funny, 0 helpful.

traveler803 says on Oct 12, 2007, 08:31:

Rikito.....how long ago did you buy the house and is it in Bogota??? Do you know a good attorney in Bogota...that could be of help? Thanks!!!

0 funny, 0 helpful.

elk says on Oct 12, 2007, 10:40:

I purchased in Medellin last year. Nothing needed except your money and passport.

I would suggest using a good attorney. Things don't work the same in Colombia as they do in the U.S. Do a lot of research and educate yourself on the subject before buying.

0 funny, 0 helpful.

Bill Turley (Moderator) says on Oct 12, 2007, 11:05:

I bought undeveloped farm land same as above.I bought a prefab house, I had the $$$ they built the house in 2.5 days. Only recently have I had a resident cedulla. I have a Colombian wife yes, but I am the owner of record. I pay the taxes ( less than $10 USD/year) etc.

Mr. Bill Somondoco

0 funny, 0 helpful.

Lisa Zee says on Oct 12, 2007, 12:27:

Traveler803, I can help you buy a home in Bogota and Medellin. Send me a P/M if you want a reliable source.

The truth will set you free.

0 funny, 0 helpful.