Property Due Diligence in Medellín: A Buyer's Checklist

Medellín's property market attracts foreign buyers, but notarial deeds and clean titles are not automatic. A structured due diligence review before signing a promesa de compraventa protects you from liens, boundary disputes, and compliance gaps.

1. Tradición y libertad — verify ownership chain, encumbrances, and annotations at the registry office.
2. Liens and lawsuits — confirm no active embargos, family estate claims, or pending litigation.
3. Zoning and estrato — confirm permitted use and understand utility cost implications.
4. Tax status — review predial (property tax) and valorization levies; unpaid taxes can transfer with the property.
5. Foreign investment registration — if funds come from abroad, plan Banco de la República registration before or in parallel with closing.

Never wire earnest money without a reviewed promise of sale and clear exit terms if due diligence fails. Power of attorney structures are common for absentee buyers but must be drafted carefully.

For a deeper dive on the full purchase process, see our CLKR guide on real estate transactions for foreigners.