Review Medellín pre-construction trusts, contracts, builder checks, delays, and payment milestones.
A pre-construction purchase in Medellín involves a fiduciary trust, a purchase agreement, staged payments, and delivery risk. Review each before committing funds.
The fideicomiso holds funds under stated conditions. The promesa de compraventa sets purchase terms but may not guarantee delivery dates or every unit feature, so check the contract and builder record.
The stated timeline is 24–36 months from deposit to handover; each stage has documents, payments, and delay terms to review.
Asking prices from current listings, not closed sales. Explore the market by neighborhood
The fideicomiso holds buyer funds under the trust agreement. Review the fiduciary institution, release conditions, project timeline, and contractual obligations.
The fideicomiso agreement should state the completion timeline, fund-release conditions, and penalties for non-compliance. Review those terms before transferring money.
The promesa de compraventa fixes the purchase price and terms but may not guarantee the completion date or every unit detail. Check the developer's history and current project pipeline before signing.
The agreement should list deposit dates, fees, delivery terms, unit specifications, and remedies. Have a local attorney review it before signing.
Check the developer's completed projects, delivery dates, finish specifications, and owner reports before signing.
Visit completed developments and speak with owners about delivery, finishes, and maintenance. Compare those findings with the current project's contract.
Delivery delays are a material pre-construction risk. Read the late-delivery clauses, penalties, and fideicomiso terms in your contract.
Before signing, identify the builder's notice process, delay clauses, compensation terms, and available remedies. Some contracts provide compensation; others do not.
The stated Medellín timeline is 24-36 months from initial deposit through construction, final inspections, and handover. Match payment dates to those milestones.
Developer updates should state completed work, possible delays, and upcoming milestones. Compare each update with the contract timeline and payment schedule.
Location affects rental demand, resale options, and daily use. El Poblado and Laureles differ in price, building type, walkability, and nightlife.
Compare nearby services, transport, and stated development plans for each project. Verify future plans before using them in a purchase decision.
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