taxes

By Nicolas Ramirez — Real Estate and tax Attorney | Convexo Real Estate Law, Medellín, Colombia Updated: April 2026 · Reading time: 8 minutes Most people buying property in Colombia today are not thinking about the taxes they will pay when they sell. That is exactly the mistake that costs property owners thousands of dollars every year. This guide explains — from a Colombian real estate...

Buyers—both foreigners and Colombians—often underestimate closing costs when purchasing property in Colombia. Closing costs include mandatory taxes, notary fees, registration charges, and other legal expenses that typically add between 1.5% and 2.9% of the property value, and up to around 3% for high‑value properties. This guide explains each cost, who pays it, when it is paid, and how to...