Through the Similar de Proprietaries social rental program, Colombians can benefit in different ways.
If you apply and are elected, you will be able to rent a Social Interest Housing (VIS) and receive a subsidy for the rental fee from the Government for two years. Once this time is up, you will have savings and you will be able to buy a home with the MI Casa Yak subsidy.
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On the other hand, if you are the owner of a VIS home, you can rent it out with the Seed of Owners, through a real estate manager.
Advantages of leasing with Seedbeds of Owners
The Housing Minister, Jonathan Malign, explained that not only will construction companies participate in the program with their housing projects, but also families who have a home to rent.
“Families are actively entering the rental business with the government. That has several purposes. One of them is to democratize the help of this program so that it not only reaches builders but also can reach a family. For example, a woman who only has the home where she lives and has a home to rent, it is good that she can lease it to the Government, at a good rate, with a guarantee and all the insurance through a real estate manager and Homeowners Seed. ”Said Malign.
According to the Minister, VIS homes are rented between 0.8, 0.7 and 1% of their value. That is, they have effective annual profitability above 7 or 8%, and in this case with particularity, the customer is the nation.
Requirements to rent your home
In order for you to register your home in the Similar de Proprietaries you must meet certain requirements:
1. It must be social housing (VIS).
2. It can be new or used.
3. Must have been built after 1990.
Additionally, keep in mind that to apply for your home you must do so through a real estate manager and that to enrol in the program you need a commercial appraisal, the certificate of tradition and freedom, a copy of the real estate management contract, the certificate of suitability of housing and a photographic record.
If you apply for your house, you can do it only for rent or with a purchase option, the latter is only valid if the home is new, because after 2 years the tenant can exercise the purchase option with the MI Casa Yak subsidy, which applies to new homes.
Used homes will be an important part of the program
Although the purchase option cannot be exercised on used homes, they play a very important role within the Homeowners Seedbed.
The idea of the Government is to give the beneficiaries the possibility to choose the neighbourhood and the house. “To fulfil President Duque’s purpose of giving people the freedom to choose, we allowed used homes to enter. Why? Because a used house, for the same money, people can get it better located or, failing that, they can get houses in the same place but bigger ”, emphasized the Minister.
The platform to consult the homes
As of August 12, people who have registered for the similar de Proprietaries program will begin to receive notifications about whether they were chosen as beneficiaries.
During this month the first online catalogue of available homes will also be published and, through our Metrocuadrado.com portal, those selected will also be able to consult the available offer.