Real Estate Agencies in Santa Marta: Services, Costs, and Recommendations

Marzo 28 de 2025

📌 Services Offered by Real Estate Agencies in Santa Marta

Real estate agencies in Santa Marta provide a wide range of services for property owners, buyers, and investors. The most common include:

1. Buying and Selling Properties 🏠💰

  • Assistance in purchasing homes, apartments, commercial spaces, and land.

  • Property valuation to set a competitive market price.

  • Promotion and advertising on real estate platforms and social media.

  • Negotiation between buyers and sellers to secure the best deal.

2. Rental Property Management 📑🏡

  • Finding and selecting reliable tenants.

  • Drafting and managing rental agreements.

  • Monthly rent collection and payment to the property owner.

  • Property maintenance and condition supervision.

3. Property Appraisals and Market Studies 📊🔍

  • Evaluation of a property’s market value based on location and features.

  • Analysis of real estate market trends in Santa Marta.

4. Legal and Notary Services ⚖️📜

  • Preparation of sale and rental contracts.

  • Legal advice on notarial procedures and property deeds.

  • Document verification to avoid fraud.


💰 How Much Do Real Estate Services Cost in Santa Marta?

Costs vary depending on the type of service and the agency, but here’s a general guide to common fees:

Commission for selling a property:

  • 3% to 5% of the property’s sale price.

Commission for renting a property:

  • Typically one or two months’ rent for managing the rental process.

  • Monthly management fee: 8% to 12% of the rental income.

Property appraisal fees:

  • Between $300,000 and $1,500,000 COP, depending on the type of property.

Legal and notary services:

  • Between $500,000 and $3,000,000 COP, depending on the complexity of the case.

It’s important to request a detailed quote before signing a contract with a real estate agency.


🔎 Tips for Choosing a Good Real Estate Agency in Santa Marta

If you need to hire a real estate agency, follow these tips to avoid issues:

Verify its registration with the Chamber of Commerce. A legal business must have a NIT and a certificate of existence.

Check customer reviews. Look for ratings on Google, Facebook, and real estate platforms to assess their reputation.

Ask about their experience in the market. An agency with years of experience has better industry knowledge and contacts.

Review contracts and terms before signing. Ensure that fees and responsibilities are clearly outlined.

Check if they are affiliated with the Property Guild (Lonja de Propiedad Raíz). This guarantees that they meet professional standards.



 

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