If you dream of owning your own home or taking the first step as an investor, but you feel your budget is limited, don't worry! There are options designed to make this process more accessible. Here are 5 keys to make your investment smart and without affecting your finances.
🏡 1. Opt for VIS housing
Social interest housing (VIS) is a great option to start with, since they have a more accessible price and multiple benefits. Also, remember that you should not always think of your first purchase as the place where you are going to live; it can also be a profitable investment that generates future appreciation and income.
💰 2. Applies to housing subsidies
In Colombia there are different subsidies that can help you complete the down payment or improve your credit conditions. Some of the main ones are:
✅ Subsidies from compensation funds: Applies if you are affiliated to a fund and do not exceed the maximum allowed income (up to 4 minimum salaries).
✅ Departmental and municipal subsidiesSome local governments have additional programs.
The best part is that you can combine several of these subsidies to maximize your benefit.
📑 3. Search for a project on plans
If you do not have sufficient savings, investing in an off-plan project gives you the advantage of paying the down payment in easy installments while the house is being built. This way you can organize your finances and reduce the debt you will assume with the bank.
💳 4. Take care of your debt capacity
A good financial history is key to access better credit conditions. To this end:
✅ Avoid over-indebtedness with credit cards or personal loans.
✅ Pay your bills and obligations on time.
Maintain a good score in credit bureaus (such as Datacrédito).
🏦 5. Explore mortgage credit options
Don't go with the first option. Compare the interest rates, benefits and conditions offered by banks, employee funds and cooperatives. Also evaluate the housing leasingan alternative to pay rent while you acquire the property.
Investing in housing is possible, and you can start today!
For more information on VIS projects, off-plan projects and financing options, please go to Conaltura we accompany you every step of the way. 💙 Let's make your investment a reality! met malesuada. Venenatis lorem ac tristique suspendisse. Sed eget enim ipsum tellus pretium vitae aliquam. Convallis morbi vitae suspendisse egestas tincidunt cras blandit. Vel rhoncus leo interdum lacus pharetra aliquam. Sit egestas consequat eget et purus hendrerit at nulla. Vel hendrerit consectetur suscipit sagittis fermentum vitae iaculis luctus.