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Real Estate

The real estate and construction sector in Colombia have grown significantly in recent years due to incentives for purchase of residential properties, the arrival of international players, and the growth of intermediate-sized cities around the country.

When looking to invest in the real estate sector in Colombia or when the investment involves the participation of complex investment structures, rely on the Real Estate & Construction team at CMS Rodríguez-Azuero who will provide you with strategic, efficient and innovative solutions to structure businesses.

We provide advice in the structuring of projects in all stages, with the premise of achieving legal efficiency, mitigation of risk and contractual agility, as well as in matters of assets and property, investor linkage, community management and relations with neighbours, insurance management, support in all types of real estate transactions, administration of property portfolios, execution of contracts, property leases, horizontal property and litigation related to the operation of the project.

Additionally, the firm offers advice, regarding license management, management of partial plans, and advice in sanction processes before local, district and national authorities. We offer comparative legal concepts of urban actions for the identification of generative events, advice on the determination, settlement and calculation of participation in the added value tax and the structuration of systems for equitable distribution of charges and benefits.

We also have significant experience advising clients on the review and analysis of concession, construction, design, sales, auditing, management, among other types of contracts.


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16/03/2023
Costs you should con­sider when buy­ing or selling prop­er­ties in Colom­bia
With the entry in­to force of Law 2277 of 2022, by which the tax re­form was ad­op­ted in Colom­bia and with the up­date of the rates of not­ary and re­gistry fees for 2023, the costs of the dis­pos­al of prop­er­ties...
Newsletter
09/12/2022
Real es­tate in­vest­ment in Colom­bia for 2023 ¿who will be­ne­fit?
Over the last three years, hu­man­ity has faced un­pre­dict­able and im­prob­able events that have let to eco­nom­ic crisis. Colom­bia, like all the glob­al eco­nom­ies, have not be­ing im­mune to its ef­fects, in ad­di­tion...
Publication
15/09/2022
What is the cur­rent Gen­er­al Urb­an Plan (POT) in force in Bogota?
The gen­er­al urb­an plan is a tool that leads the or­gan­iz­a­tion of the city un­der a de­vel­op­ment plan that guides in an ad­equate man­ner the trans­form­a­tion that must take place in the city. The peri­od of the...
Publication
21/06/2022
The rel­ev­ance of the real es­tate sec­tor in the Meta­verse
The re­cent pop­ular­ity of the Meta­verse in the real es­tate mar­ket is grow­ing and many in­vestors are will­ing to pay mil­lions to be part of this in­nov­at­ive uni­verse. The Meta­verse is a vir­tu­al uni­verse where...
Publication
01/06/2022
CMS Next
What’s next? In a world of ever-ac­cel­er­at­ing change, stay­ing ahead of the curve and know­ing what’s next for your busi­ness or sec­tor is es­sen­tial.At CMS, we see ourselves not only as your leg­al ad­visers but also as your busi­ness part­ners. We work to­geth­er with you to not only re­solve cur­rent is­sues but to an­ti­cip­ate fu­ture chal­lenges and in­nov­ate to meet them.With our latest pub­lic­a­tion, CMS Next, our ex­perts will reg­u­larly of­fer you in­sights in­to and fresh per­spect­ives on a range of is­sues that busi­nesses have to deal with – from ESG agen­das to re­struc­tur­ing after the pan­dem­ic or fa­cing the di­git­al trans­form­a­tion. We will also share with you more about the work that we are do­ing for our cli­ents, help­ing them in­nov­ate, grow and mit­ig­ate risk.To be able to provide you with the best sup­port, we im­merse ourselves in your world to un­der­stand your leg­al needs and chal­lenges. However, it is equally im­port­ant that you know who we are and how we can work with you. So, we in­vite you to meet our ex­perts and catch a glimpse of what is hap­pen­ing in­side CMS.En­joy read­ing this pub­lic­a­tion, which we will up­date reg­u­larly with new con­tent.CMS Ex­ec­ut­ive Team
Publication
18/03/2022
Mul­ti­fam­ily: the in­nov­at­ive eco­nom­ic activ­ity that de­serves to be reg­u­lated...
Mul­ti­fam­ily, in­sti­tu­tion­al rent or build to rent (BTR) are some of the vari­ous names for the new real es­tate mod­el that of­fers a com­plete ex­per­i­ence to the less­ee. The idea con­sists in de­vel­op­ing hous­ing...
Publication
20/12/2021
The co-own­er­ship coef­fi­cient and com­mon ex­penses: equity or sub­sidy?
Law 675 of 2001, which reg­u­lates the ho­ri­zont­al prop­erty re­gime in Colom­bia, stip­u­lated the sys­tem of co-own­er­ship coef­fi­cients as a mech­an­ism to de­term­ine the par­ti­cip­a­tion of the co-own­ers in de­cision-mak­ing...
Publication
11/11/2021
Leg­al un­cer­tainty re­gard­ing the own­er­ship of rur­al real es­tate in Colom­bia
Colom­bia does not have in­form­a­tion that clearly de­term­ines the leg­al nature of rur­al real es­tate, since there is no pub­lic data­base that dis­tin­guishes va­cant lands – which are state- owned - from private...
Newsletter
25/06/2021
Min­im­um areas in the new Land Use Plan: A dis­in­cent­ive to the con­struc­tion...
Last May 3, 2021 was pub­lished the le­gis­la­tion pro­ject pro­moted by the Dis­trict May­or’s Of­fice to pass the new Land Use Plan (“POT”) for the city of Bogota. Since June 2004 the last POT has been...
Publication
23/04/2021
The Due Dilli­gence Of the Trust­ee in Real Es­tate Pro­jects
On Decem­ber 9th, 2020, the Civil De­cision Cham­ber of the Su­per­i­or Tribunal of Bogotá (“Tribunal”) entered a judg­ment, as an ap­peal’s court, in the case ini­ti­ated by Kar­en An­drea Var­gas Ramirez...
Publication
17/02/2021
Multi-pur­pose ca­daster as a tool to gen­er­ate ef­fi­cien­cies in Colom­bia’s...
Some of the main chal­lenges that Colom­bia’s land own­er­ship sys­tem faces are as fol­lows: (i) the qual­ity in the in­form­a­tion of the land, and (ii) the lack of co­ordin­a­tion between pub­lic re­cords of­fices...
Publication
16/12/2020
New norm amends the Gen­er­al Law of Tour­ism and reg­u­lates the pro­vi­sion...
On Decem­ber 11, 2020, Con­gress ap­proved the text of the law that amends the Gen­er­al Law of Tour­ism and is­sues oth­er pro­vi­sions. The law is ex­pec­ted to be ap­proved by the Pres­id­ency of the Re­pub­lic in...
Publication
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