Free tool · Closing cost calculator

Colombia Closing Cost Calculator

Estimate notary, registration and tax costs on a Colombian property purchase.

The calculator estimates what a Colombian property purchase costs on top of the price, line by line, using the 2026 rates. Type the price written in the escritura (the deed), and pick Medellín or Bogotá. It shows the notary fees, the value-added tax (VAT) on them, the registration tax, the registry fees, any stamp tax and the seller’s withholding, with who usually pays each.

Up to a price of about COP 1 billion, the buyer’s share comes to about 2.1% to 2.6% of the price if the buyer takes on the whole registration tax. The share steps up with each registry band. The dollar column uses about 3,200 Colombian pesos (COP) per US dollar, the official rate in mid-October 2026, and you can type your own rate.

Enter a price to see the costs.

How the Closing Cost Calculator Works

The calculator applies six published rates to the price you enter. Each line uses the rate in force in 2026:

Notary fees (derechos notariales): COP 30,900 plus 3 per thousand of the value above COP 259,300, under the 2026 tariff from the Superintendencia de Notariado y Registro. Buyer and seller usually split them 50/50.
VAT on the notary fees: 19% of line 1, split the same way.
Registration tax (impuesto de registro): 1% of the deed value, in Antioquia under the Gobernación de Antioquia rules and in Bogotá. The calculator puts it all on the buyer, which is common practice, though the legal default is half each.
Registry fees (derechos de registro): a flat COP 53,100 up to about COP 12.85 million. Above that, the rate is 9.11, 11.31, 12.60 or 13.33 per thousand depending on the value band, plus a 2% surcharge. The calculator applies the band’s rate to the whole value, because the registry resolution does not say whether it applies by slice. The buyer pays these.
Stamp tax (timbre): zero up to 20,000 tax value units (UVT), which is COP 1,047,480,000 in 2026, then 1.5% and 3% on the slices above. The calculator splits it in half.
Seller withholding (retención en la fuente): 1% of the price, paid by an individual seller at the notary. It is shown for completeness and left out of the buyer’s total.

The buyer’s total is half of lines 1 and 2, plus all of lines 3 and 4, plus half of line 5. The dollar column divides each peso figure by the exchange rate in the rate box.

A Worked Example at COP 650 Million

Take a COP 650 million apartment in Medellín, at COP 3,200 per US dollar. The price is above the top registry band, below the stamp tax threshold, and above the 2026 minimum for the property investor visa.

Cost	Calculation	Pesos	US$
Notary fees	30,900 + 0.3% × (650,000,000 − 259,300)	COP 1,980,122	619
VAT on notary fees	19%	COP 376,223	118
Registration tax	1%	COP 6,500,000	2,031
Registry fees	13.33 per thousand + 2%	COP 8,837,790	2,762
Stamp tax	below 20,000 UVT	COP 0	0
Buyer pays	half of notary and VAT, all tax and registry	COP 16,515,963	5,161
Seller pays	half of notary and VAT, plus 1% withholding	COP 7,678,173	2,399

The buyer’s share is 2.54% of the price. If the seller agrees to pay half the registration tax, the buyer’s total drops by COP 3.25 million to about COP 13.27 million.

The 2026 registry bands are higher than the “about 0.5%” that older guides quote. Compare that line with the notary’s own liquidation (the itemized bill) before you wire the money.

What the Result Does Not Include

The calculator covers taxes and official fees only. Budget separately for:

The lawyer and the title study, quoted by the lawyer. Do you need a real estate lawyer in Colombia covers what that work includes.
The agent’s commission, about 3% of the price and usually paid by the seller.
Bank and exchange costs on the transfer, plus the 0.4% tax on bank debits (4x1000) once money moves inside Colombia. Sending money to buy property in Colombia covers the transfer.
Translations, apostilles and a power of attorney if you sign from abroad.
Yearly costs after closing: property tax (predial) of roughly 0.5% to 1.6% of the cadastral value, and monthly building fees.

Closing costs and property taxes in Colombia explains each line in more depth, and the free closing cost worksheet lets you write the real figures down as quotes come in. If you would rather have someone line up the lawyer, the notary and the transfer in the right order, our buyer’s concierge in Medellín does that for you.

Frequently asked questions

How much are closing costs when buying property in Colombia?

For the buyer, about 2.1% to 2.6% of the deed price up to about COP 1 billion, if the buyer pays all of the 1% registration tax. That covers notary fees, registration tax and registry fees. On a COP 650 million apartment in Medellín that is about COP 16.5 million, or 2.54%. Lawyer fees and the agent’s commission are separate.

Who pays the registration tax in Colombia?

The law splits the 1% registration tax equally between buyer and seller unless they agree otherwise, and in practice the buyer often pays it all. Write the split into the promesa de compraventa so nobody argues about it at the notary.

Does the buyer pay the 1% withholding tax?

No. The 1% retención en la fuente is an advance on the seller’s income tax, collected by the notary before the deed is signed. The calculator shows it so you can see the seller’s side of the table.

Why does the calculator ask for the deed price and not the asking price?

Every closing cost is a share of the value written in the escritura, or of the cadastral value if that is higher. The asking price on a listing is usually higher than the price you agree, so it overstates the costs.

Is there a stamp tax on property purchases in Colombia?

Only on expensive ones. Stamp tax applies to the part of the price above 20,000 tax value units (UVT), which is COP 1,047,480,000 in 2026. The rate is 1.5% up to 50,000 UVT and 3% above that. Who pays it is negotiated.

Sources

Colombia Desk publishes general information about buying property, living in and visiting Colombia. It is not legal, tax, immigration or financial advice. Rules, fees and minimum amounts change, and prices and exchange rates move. Confirm anything you will rely on with a Colombian lawyer, notary, accountant or the Ministry of Foreign Affairs before you sign or pay.