Administration fee 2026: what owners need to know following the Government's decision

• The budget approved by the assembly.
• Projected expenses (security, cleaning, maintenance, services).
• What is established in the horizontal property regulations.

Therefore, many complexes applied the adjustment using the minimum wage increase as a reference.

What does this new ruling imply?

Following the court decision, the National Government issued a new decree and ratified that the minimum wage for 2026 remains unchanged, maintaining the previously established value.

In this context, co-ownerships have several management options:

• Review and, if necessary, adjust the annual budget.
• Maintain the already approved administration fee.
• Convene and adopt extraordinary adjustments if the financial situation requires it.

In any case, the decision must be made in accordance with the decisions of each co-owners' assembly, within the corresponding legal and budgetary framework.

How does this impact owners with rental properties?

For those who own apartments or houses for rent within a condominium, this issue is relevant because:

• The administration fee directly affects the property's profitability.
• It can influence the total amount paid by the tenant and received by the owner.
• It generates inquiries and requests for clarification from tenants regarding the adjustments approved at the assembly.

Staying informed allows for more strategic financial decisions and anticipating possible variations in income flow.

What can you do as an owner?

The most important thing is to pay attention to:

• Meeting notices.
• Budget decisions.
• Amendments to the bylaws.
• Adjustments resulting from the new decree and the ongoing annulment process.

If you cannot attend the meeting or prefer professional support, at Alberto Álvarez Real Estate we represent you and follow up on your behalf.

Our meeting assistance service in Medellín and Eastern Antioquia

We assist owners who want to:

• Have formal representation at the meeting.
• Receive a clear report of the decisions made.
• Protect their interests as investors.
• Make strategic decisions about their rental apartments or houses.

We know your time is valuable. That's why at Alberto Álvarez Real Estate we help you be present, even when you can't attend.

If you have questions about your property or want to learn more about our assistance service for assemblies in Medellín and Eastern Antioquia, we are ready to assist you.

Source: Valora Analitik, Blu Radio and La FM