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Tenant turnover may hurt more than any single recurring bill because it can combine vacancy, marketing, cleaning and repairs at once. I’d also verify property tax and insurance from property-specific figures rather than broad Bogotá assumptions. Is COP 12,310,000 based on an existing lease...

The condo’s reserve position would be central for me. Compare current fees with what they actually fund, planned major work and the building’s ability to absorb an expensive project. Roof, façade, elevators and shared mechanical systems can produce costs unrelated to the condition of your own...