Located five blocks from Cartagena historic District is the Murano Centro 2. This beautiful 30 floor project of holiday apartments, with various modern amenities, awaits the savviest investors. And the project could end up being one of your most profitable investments.
After a successful case study, the developer decided on a new real estate project that stands out for its avant-garde architecture. Its spaces designed in boutique hotel style, will allow you to rent your apartment on digital platforms, generating income of up to $140 per day or live with the best conference, while enjoying dream reviews of the Caribbean Sea, the Cabrero lagoon, The San Felipe Castle and historic center of the city.
Cartagena’s Old City is it the principal attraction, particularly the inner walled town, consisting of the historical districts of El Centro and San Diego. It’s one of the finest examples of preserved colonial architecture in the Americas, packed with churches, monasteries, plazas, palaces, and mansions with their famous overhanging balconies and shady patios.
The best way to experience the old town is to wander in leisurely fashion, savoring the architectural details, street life and local snacks along the way. Nighttime adds a whole different dimension. Discover, be amazed and enjoying, and was dream in magical Cartagena.
Murano Centro 2 Amenities include:
Panoramic view swimming pool
Terrazza
Gym
Sky
BarCo-working space
Jacuzzi
Bike lockers
and so much more.
Apartments
1 bed/2 bath with a study w/garage - $202,300.86
1 bed/2 bath with a study w/o garage - $201,088.98
No two beds left on the project.
Payment Plans
Option 1
5% Down Payment
5% paid quarterly (8 payments of 5%) Balance due at completion
Option 2
5% down
Pay in full at 1st quarterly payment.
Frequently Asked Questions
What forms of payment will be accepted?
Wire transfer
What is the payment schedule?
5% quarterly.
How often can you expect an update on the project?
Updates are on demand.
What documents will you receive after final payment?
A fee simple deed.
Can I invest as an LLC or an individual?
You can act as an LLC. A few more documents are required as opposed to investing a an individual.
Once completed and you choose to Airbnb or provide short and long-term rental options, will be manager for you?
No. However, The Avalon Realty Group has Airbnb managers to assist for a 15% monthly revenue.
What taxes should I expect to pay?
Taxes are .07% of the assessed value (assessed value is about half the commercial value of the unit).
Will we offer furniture packages?
No. However, The Avalon Realty Group has contacts in the area that can get a furniture package placed in the home.
Is home and rental insurance available and how much should we expect to pay?
Rental insurance is available. Price depends on provider.
Is financing available to non-Columbian citizens and what is the requirement if any?
No financing is available to non-citizens.
Does Columbia require a visa to enter the country?
No.
How far is the closest grocery store from the development?
The project is located in the heart of Cartagena. There are many grocery stores, fast food restaurant and shopping areas accessible.
What documentation is required to receive a reservation form to hold your investment?
A form of ID (driver license, passport, national ID), home address and telephone number. Wire $500 during the due diligence period and 5% due at contract.
Will the property have Wi-Fi?
Yes. Each resident will be responsible for paying for their service. Price TBD.
Are there any additional fees besides the 1% of the total sales price for HOA paid yearly?
Yes. Closing costs are 4% of sale price and is due at closing (Includes consulting fee).
What utilities will we be responsible for?
Water, Electric, Wi-Fi. Total price is about $300-$400 per month estimated.
What does the HOA cover?
HOA fees $6,000 Columbian pesos per sq m
HOA covers common area maintenance (pools, security, cleaning of common areas, etc.). All interior expenses are the responsibility of the owner. for
