Maojaimes has left 31 comments

Maojaimes comments on Has anyone been to San Andres or Providencia? I have not seen a post on the subject!

Frank Says "yes...there are at least 2 legal methods to hold the land "forever".....as well as, pass it down or keep in a trust so it automatically passes. This is done in conjunction with your SAI/prov. visa and about $5 MMcop if you konw what i mean......" I now that right now the local SAI goverment is not giving visa permits so, Is 5MM the price to "get it" the fastest way? Is the local visa the only requirement for non-colombian citizens to buy property? What about buying a house to be used only for vacation purposes. Any info about it would be appreciatte.

Maojaimes comments on Lovelysanandres

Hi Jeannete, I think you are the person who can help me to contact someone to ask for a real estate issue in San Andres. If so, please send me an email at maojaimes at yahoo.com. I'll appreciatte your email. Thanks, Mauricio

Maojaimes comments on Housing in bolivia

I don't have data about Bolivia, but I think maybe It is among the lowest prices These are some numbers of the most expensive cities and its neighbourhoods (Prices per sq meter in US dollars): Buenos aires $3.160 ( La Recoleta) Santiago de Chile $3.060 (Los Condes) Panamá $2.815 (Avenida Balboa) Caracas $2.625 Country club (at the east) Bogota $2.250 ( La Cabrera) Quito $1.315 ( Valle de Cumbaya) Source: El Tiempo Coldwell Banker also has it own index (HPCI) Home Price Comparison Index . This annual “apples to apples� comparison of similar middle management homes finds that an average 2,200 square foot, 4 bedroom, 2 and a half bath home in Bogota costs an average price of US$140.100, making the city as one of the cheapest real estate market in the world. You can find a brief of this article at http://www.buycolombiarealty.com/Colombia-real-estate-blog.html Mauricio www.buycolombiarealty.com

Maojaimes comments on arthur brode

Hi Arthur, I need someone to make an alliance as a real estate partner in Cali. I have several enquiries from people looking for a place to buy in Cali. Maybe you have seen my website www.buycolombiarealty.com. I would like to contact you out of PBH. if you are interested, please send me an email to maojaimes at yahoo.com Wait to hear from you, Mauricio www.buycolombiarealty.com

Maojaimes comments on Looking for Real Estate in North Bogota

Well, For sure that's not a real price. A plot of land for more than 1 million COP m2 is totally out of focus in my opinion. Just keep looking for other things and be well informed. Mauricio www.buycolombiarealty.com

Maojaimes comments on Senior Citizen Care

Sean, You can get around 70-80 square meter apartment in Cañaveral for 50K thats near the town of Florida. Also at the Anillo Vial you can find small townhouses. The Campestre golf course is just minutes away. In my opinion the town of Florida itself is not attractive for living. Are you already in Bucaramanga? If you consider so, you can contact me at my website. Regards, Mauricio www.buycolombiarealty.com

Maojaimes comments on Bucaramanga to Santa Marta by Car

Sure, you're right. I've traveled with three kids jumping around in the car and I always spend the same 8 hours.

Maojaimes comments on free online classifieds for bogota?

You can also check http://www.metrocuadrado.com/servlet/co.com.pragma.m2.servlet.demanda.MostrarMapaCiudad?idCiudad=1 There is not information in english but is the most complete listing for bogota. You may be overwhelmed by the quantity of properties but is a good point to start. Mauricio www.buycolombiarealty.com

Maojaimes comments on Senior Citizen Care

Floridablanca is a town that is already part of Bucaramanga. In this district are two of the most important Clinics of Colombia, Fundacion Cardivascular and FOSCAL. What I mean with day care is a private home where they provide a room, the meal, and medical assistance. They also provide leisure activities and this kind of things. Nursery home as Desi said, is a person who works from 9 to 5 and go to your home to take care of the person. There are companies that provides this service. So you don't have to hire him/her by your self. Mauricio www.buycolombiarealty.com

Maojaimes comments on Requirements for Cedular de Extranjero

Some precisions about Gators' post: "...The funds transferred may be taxed at 46% on the repatriation of the funds out of Colombia if you later sell and wish to send the funds back to the USA." You can transfer funds to Colombia and later If you didn't have an income with that money, take it out without paying any tax. For example. You made a downpayment for a house, and then you regret of buying, you can take your money out without any tax. Gators' "...You will have to file Declaration No. 5 to report incoming funds. If the funds are remaining in Colombia you have no further reporting responsibilities for the importations of your dollars. However, if at a latter date you have a need to sell the property and repatriate, the funds will be taxed at a 46% rate..." Declaration No. 5 is filed automatically by banks if you don´t want to repatriate the funds. The form that you have to be sure is filed in at the local bank is the No. 4, if you want to take your money out in the future. When you sell the property, you'll be tax for the difference between the buying and selling price. I'm not sure where the 46% comes from. Gators' "...If you have used Form 4 and 11 for the foreign investment you will be able to repatriate the funds without the 46% government tax. You can purchase a house or apartment with this method.." Forms 4 and 11 as he says is the right way to registered the foreign investment, but as I said you'll have to pay tax just for the difference between the buying and selling price. Colombian updated tax information is well explained at http://www.deloittetaxguides.com/index.asp?country_id=1510000151&layout=countryGuideDtt&rf=0 Mauricio www.buycolombiarealty.com

Maojaimes comments on happy camper

Hi happy camper, I saw your post about your buying experience in Medellin. I have a website about real estate in Colombia, and I would like to contact the person who assited you in the buying process and who you recommend as an excelent real estate agent. Since the website is focus in giving accurate and helpful information to other foreign people, I think it would be helpful to have this kind of professionals as referrals. You can email me at maojaimes at yahoo.com. Thank you in advance for your cooperation. Mauricio www.buycolombiarealty.com

Maojaimes comments on Colombian Property Market

Well Robbi, yes you are right, but just in part . Maybe I have to clarify also. Anyway, this is what this forums are for: friendly discussion. If we look the national figures unemployment rate increased in June 0,6 from 10.5 % last year to 11.1%. in spite of an economic growth in the first quarter of 8%, the highest in the last 30 years as you say. That’s what economist says it’s a paradox . Economic growth without employment. For my job what I do is to track unemployment rate in urban cities, because this is an indicator that can explain real estate market behavior. And in the major 13 Colombian cities this rate decrease from 12,5% to 11,7% Bucaramanga has the lowest unemployment rate with 9,3% Cucuta 10,4% Bogota 10,8% Cali 11,2% Medellin 12,3% And the highers Cartagena 14,6% Ibague 15,4% Long term financing rate for housing had been stable, even as you said, the Central bank increased it in 0.25 basis points in July. I don’t think they ‘ll keep on it raising it in the short term, because what they care is that inflation rate can fall to less than 4%, and I think is a reasonably goal for this year. I’m still believe that people who buy real estate today (and maybe six months from now ) can expect a good value increasing for two more years. But after that, as is happening in the U.S, prices will have to adjust. This is a typical cycle we always have in the real estate market. So, this is the time of “fat cows�. Mauricio www.buycolombiarealty.com

Maojaimes comments on Senior Citizen Care

Hi, I live in Bucaramanga, and I know there are some companies that provides nursery services. They usually assign “Auxiliares de enfermeria� and charge around cop$500.000 a month (US$250). A professional nurse, that’s the one with a 5 years of studies and a university degree, can charge about $1.500.000 (US$750). There are also private day care houses that can cost about COP$2’000.000 (US$1.000) a month. I think it's better to hire a nurse through a company that doing it directly. It's just my opinion. Please feel free to contact me in Bucaramanga if you want once you arrive and I'll be glad to help you. Regards Mauricio www.buycolombiarealty.com

Maojaimes comments on Buying property in Medellín

In Colombia you can work with 3, 4, or 10 real estate agents at the same time if you want with no compromise until you find the property that fits your needs. Maybe persons like fermech had a bad experience. But to say that "real state agents in Colombia are full of games and tricks", is totally unfair and makes an sterotype of a normal business activity. I repeat, you don't have to "marry" with only one real estate agent. The most important is to be informed about the local market. And I'm sure there are a lot of professionals in Medellin that can assits you. They can save you a lot of time and headaches. Mauricio www.buycolombiarealty.com

Maojaimes comments on Colombian Property Market

Colombia is having a real estate boom. Average Prices have increased more than 10% in a national average the last three years. Some areas in major cities like Bogota and Medellin have had increases of 15% or more. Cartagena has the most real estate value of Colombia, Prices are getting an international value. In my opinion I think we have room for this kind of appreciation for two years more. So this is the time to buy. Interest rates are stable, unemployment rate is decreasing, so these are signs that you can keep in mind if you are plannig to buy as investment. Mauricio www.buycolombiarealty.com

Maojaimes comments on Buying property in Medellín

Of course you can make an offer below the asking price. Just make sure your not offering withoout any reason. When you want to come up with an offer you have to keep in mind: - The advise of a local agent: They are always familiar with the local market. - Your budget: As Tom says , how much are you willing to pay. - The payment method: You can make better deals paying cash in advance than financing.. - and of course the home value. If you find a property that you think worth the value, just grab it. - If you can not get a discount in the price, you can see if the seller will make some other concession, such as paying part of your closing costs or making some repairs Mauricio www.buycolombiarealty.com

Maojaimes comments on Need a home in North Bogota

Hi HBH, Are you looking for rent or to buy? A friend rented an apartment in Chapinero Alto (5a. with 63) some weeks ago a one bedroom, 50 square meters apartament for COP$700.000. It depends of your budget, but if you don't rush you can find a good deal. If you're planning to rent through an real estate agency, you will have to look for a person who can back you up. But you already have a job right?. So maybe your company can help you with this. If you're planning to buy you can check www.buycolombiarealty.com to know more about all the process. Mauricio

Maojaimes comments on Finca in or near Santa Marta??

That's one day rent? any particular budget? For information about buying process in Colombia you can see www.buycolombiarealty.com Mauricio

Maojaimes comments on Residency Visas, work visas for Uk citizen wanting to live in Colombia

Of course it is possible to come to live to Colombia!. Depending on what you wan to do, you will get a visa. I guess there are plenty of lawyers that already had offered you their services. For information related to property buying, you can check www.buycolombiarealty.com Mauricio

Maojaimes comments on tommyranger

To buy a property you only need you passport an a tourist visa. Th difference is when you're conna register the money. If you plan to take it back or if you plan to stay here. For more information see www.buycolombiarealty.com I hope it can help. Mauricio

Maojaimes comments on usher127

Hi Usher I think you're going crazy with so much information. I think it's not as difficult as it looks. Buying a property is a good start whenever is gonna be used to the purpose of your busines. You only need your tourist visa. Then if you want to saty or run a business, it's better to get legal asistant to guide you through the process. For real estate buying information see www.buycolombiarealty.com I hope it can help. Mauricio

Maojaimes comments on macintoshle

Hi Mac I´m new at this forum, and I saw your post saying that you want to move to Colombia. I live in Bucaramanga and I can help you to look for an apartment if you want. You can contact me via my website at www.buycolombiarealty.com Mauricio

Maojaimes comments on omega1

If you are still looking to invest in real estate chek this website www.buycolombiarealty.com Regards Maurico

Maojaimes comments on Difficult or easy to buy a house in Colombia for a foreigner?

I hope you succeed with your buying process. But if you still in the process you can see all related information at www.buycolombiarealty.com

Maojaimes comments on upstatericky

Hi There, I´m new at this website, but I saw your post few weekks ago about buying in Colombia. I don't know if you already have clear your doubt. Please check my website www.buycolombiarealty.com and if you want more information please feel free to contact me. regards Mauricio www.buycolombiarealty.com

Maojaimes comments on orestesdd

Hi Orestes, have a great time in Colombia. I saw your post about wanting to buy a home in Bogota. Please check my website www.buycolombiarealty.com , is a good way to start. I wil be please to help you in your searching. If you want more information please feel free to contact me via the website in english o español (asumo que tambien hablas bien español). Un saludo y disfruta tu viaje a Medellin. Mauricio

Maojaimes comments on WANT TO BUY IN NORTH BOGOTA

Even I'm not living right now in Bogotá, I know that area ( I' lived in three different places between Calle 97 and 82 and cras. 7 to 15), and you sure can get a good 1-2 bedrooms apartment for 150K-200K US Dollars. You just have to make a good search. If you want information about home buying in Colombia please visit my website www.buycolombiarealty.com . If you want any other information please let me know. Mauricio

Maojaimes comments on 2 year room or apartment rental required

For about $1 million pesos you can get a 2 or three bedrooms apartment. It's important to narrow your location according to your preferences ( near work, residential areas, etc) to avoid wasting your time looking apartments in areas that you wouldn't like. Searching through a real estate agency could be a plus. Mauricio www.buycolombiarealty.com

Maojaimes comments on Staying in Bogota for a week Jul 24-Aug.1

Any particular area? Bogotá is a big City, so depending on what are you planning to do, you can narrow your search (work,tourism, partying). Also you have to keep in mind your budget. Some neighborhoods at the north can be as much expensive as a good hotel near the airport. Regards Mauricio www.buycolombiarealty.com

Maojaimes comments on Buying

Where do you need the apartment? What is your budget? If you need information about home buying in Colombia please check my website www.buycolombiarealty.com For more information, please feel free to contact me. Regards Mauricio

Maojaimes comments on Looking for Finca / Land in Bucaramanga

Hi Nicadj, It's a liitle difficult to get near Bucaramanga a land for that price. Nearby places like Ruitoque, Mensully Valley price per square meter is about $80.000 (more than 300 million pesos acre). So maybe you're budgeting wrong. Please check my website www.buycolombiarealty.com and if you want more information, please fell free to contact me. Mauricio