The yearly increase of the rent. For urban housing it cannot exceed 100% of the prior calendar year's Consumer Price Index (CPI) rise, published by DANE. It applies only after the contract has been in force for a year.
Source: official text
Real estate administration service under a mandate contract. La Sabana de Bogotá, Colombia.
Andavo does not guarantee returns or appreciation. Market figures are indicative.
INMOART SAS · NIT 901.502.180-0 · Cra. 15 # 19-60, Chía, Cundinamarca, Colombia