Your Trusted Property Law Advisors
At Nelson Ahumada Abogados y Asociados, we guide foreign buyers, investors, and expats through every step of the Colombian real estate process—due diligence, contracts, notary and deed execution, registration, and ongoing compliance. We also handle foreign investment recording to protect repatriation rights.
What We Do for Foreign Buyers
Title Search & Due Diligence
We verify ownership history, liens, mortgages, boundaries, and zoning to uncover hidden risks before you commit.
Purchase & Lease Contracts
English/Spanish drafting and review of promesa de compraventa, lease agreements, addenda, and disclosures tailored to your case.
Foreign Investment Recording
Recording inbound funds with the central bank to secure future profit and capital repatriation rights.
Notary & Deed Execution
We coordinate with notaries for the escritura pública (public deed), manage payments, and prevent procedural errors.
Registration & Post-Closing
We file the deed with the registry, update utilities/HOA, and finalize compliance tasks after closing.
Investment & Residency Options
Orientation on real-estate investment thresholds that may support residency strategies where applicable.
How to Secure Property in Medellín
- Define budget & timeline — Include taxes, notary, registration, legal fees, and HOA/closing costs.
- Run title & legal due diligence — We check the certificate of freedom and tradition, liens, and any red flags.
- Negotiate & sign agreements — We draft/review offers and the promesa de compraventa with protective clauses.
- Record foreign funds — We guide investment recording to preserve repatriation rights.
- Execute deed & register — Notary signing, payments, and formal registration at the public instruments office.
- Post-closing onboarding — Utilities, HOA, property tax setup, and ongoing compliance reminders.
Common Questions from Foreign Buyers
- Can foreigners buy property in Colombia? Yes—foreigners have the same property rights as Colombians.
- Is a lawyer required? Not mandatory, but essential to avoid title issues, unclear clauses, and payment risks.
- How long does it take to close? With a clean title and funds ready, many purchases close within a few weeks.
- Are there escrow accounts? Escrow isn’t standard—our team implements safeguards and payment controls.
- Does real estate help with residency? Certain investment routes may support visa strategies; we evaluate your case.
Frequently Asked Questions
What is a “promesa de compraventa”?
A binding pre-sale agreement that sets price, timelines, penalties, delivery terms, and conditions prior to the public deed.
How do you verify a clean title?
We analyze the property’s registry certificate, historic transfers, encumbrances, litigation alerts, and municipal/zoning records.
Can you handle everything if I’m abroad?
Yes—we can work via Power of Attorney, coordinate banking, notary, and registrations, and send you certified copies digitally.
What are typical closing costs?
They generally include notary fees, registration, taxes/withholdings where applicable, plus due diligence and legal fees.