RealEstate Abroad
Back to listings in Santa Marta
For Sale
Apartment
Planned

Costa Serrana (E2)

Address not specified, Santa Marta, Colombia
COP 260,000,000 - 450000000

Click any image to view full gallery (8 images)

Overview

Bedrooms0
Bathrooms1
Area20 sqm
Year BuiltN/A

A new residential tower in Santa Marta's Bello Horizonte beach zone, offering 1-3 bedroom leisure apartments.

Building/Community Amenities

  • Air Conditioning / Central A/C
  • Balcony / Patio / Terrace
  • In-Unit Laundry (Washer & Dryer)
  • Kitchen Appliances
  • Walk-in Closets

Investment Insights

Investment Analysis

Investment Summary

Property Price:COP 260,000,000
Down Payment (30%):COP 78,000,000
Total Investment:COP 0
Monthly Rental Income:COP 0
Net Annual Rental Income:COP 0
Future Property Value:COP 0

Key Metrics

Cash-on-Cash Return:0.00%
Cap Rate:0.00%
Total ROI (over 10 years):0.00%
Annualized ROI:0.00%

Legal & Ownership

Legal & Ownership Information

Ownership Structure

Ownership Rights

Full ownership rights (Freehold)

Foreign Ownership

Foreigners can freely buy property in Colombia without any specific restrictions, enjoying equal ownership rights as locals.

Tax Considerations

Property Taxes

property taxes are calculated based on the cadastral value, usually between 0

Transfer Tax

transfer tax, typically ranging from 1% to 3% of the property's value

Inheritance Tax

Capital gains tax applies to the sale of property at a rate of 10%, and rental income is taxed progressively, with rates ranging from 0% to 33% depending on income levels

Important Considerations

Restrictions

  • Foreigners can freely buy property in Colombia without any specific restrictions, enjoying equal ownership rights as locals.
  • Buyers should work with reputable local legal advisors to navigate the regulatory landscape and ensure compliance with all legal requirements.

Required Documents

    Financing Options

    Financing Options

    Mortgage Calculator

    $78,000,000
    Loan Amount:$182,000,000
    Monthly Payment:$0
    Total Payment:$0
    Total Interest:$0

    Financing in Colombia

    Colombia offers a range of property financing options for foreign buyers, making it an appealing destination for real estate investment. With loan-to-value ratios typically ranging from 50% to 70%, international investors can tap into favorable mortgage terms. The country's vibrant property market and stable economic environment enhance its attractiveness for mortgage financing. Additionally, Colombia's competitive interest rates and growing real estate sector present lucrative opportunities for those looking to invest in Latin America.

    Requirements for Foreign Buyers
    • 1
      Valid passport
    • 2
      Proof of income (salary slips, employment letter)
    • 3
      Recent bank statements (3-6 months)
    • 4
      Credit report from home country
    • 5
      Proof of Colombian address or utility bill
    • 6
      Tax identification number (NIT)
    • 7
      Property appraisal report
    Popular Lenders

    Contact Information

    Conhogar S.A.S

    Conhogar S.A.S

    Property Developer

    Verified

    #ERROR!

    www.conhogar.co

    Contact Developer

    Mention property ID: Costa Serrana (E2) when contacting.

    Similar Properties