Tenants will have a hard blow to their pockets with an additional payment they must make: the law is clear
What was once considered a transitional stage towards homeownership is now the permanent reality for millions. According to recent figures from DANE and projections from Corficolombiana, for the first time, the percentage of households living under a rental or sublet arrangement has surpassed the 40.4% mark, representing over 21 million people.
TL;DR
- Over 40.4% of Colombian households now rent, exceeding 21 million people.
- Rent increases are legally capped at 5.10% for 2026, based on the previous year's CPI.
- Tenants are now responsible for additional payments for new or upgraded utility services like high-speed internet, gas, or electric vehicle charging points.
- These additional payments must be assumed by the tenant unless the contract states otherwise, and cannot exceed 50% of the initial rent.
- Stricter guarantee processes are now required for utility installations to protect property owners from tenant debts.