Parex

Construction materials in Barranquilla, paid upfront or on credit

For builders and contractors with projects in Barranquilla, Soledad, Puerto Colombia and Malambo. Buy from verified suppliers upfront or with a revolving credit line on 30, 60 or 90-day terms. The supplier gets paid on delivery.

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How to buy materials with Parex in Barranquilla

  1. Book a call and tell us about the project you are running and the materials you need.
  2. Choose how to pay. Upfront from your first purchase, or with a revolving credit line on 30, 60 or 90-day terms.
  3. Send your company documents. Within 48 hours of receiving the complete set we tell you whether you qualify for a credit line.
  4. Issue the purchase order to verified suppliers that deliver in Barranquilla and its metropolitan area. The supplier gets paid on the day delivery is confirmed.
  5. Repay on the agreed terms from project cash flows. As you repay, the available amount is released and you can use it again.

Upfront purchases count too. They show us your payment behavior, and with that history we can offer you better financing terms on your next purchases.

The construction market in Barranquilla

10,870
new homes sold in Barranquilla in 2025, up 58.4% from 2024
70%
of Atlántico’s home sales are in Barranquilla
−72.7%
housing starts in Atlántico in the first half of 2026
7.61%
annual change in construction costs in the metropolitan area as of August 2026, the highest in the country (DANE ICOCED)

Barranquilla led the country’s growth in home sales in 2025, driven by social housing (VIS and VIP). In 2026 sales remain high but housing starts dropped sharply, and construction costs rose more than in any other city DANE measures. For projects that are already sold and need to break ground, paying for materials on terms frees up cash when the project needs it most.

Where construction is happening

  • Puerto Colombia. Ciudad Mallorquín plans more than 11,000 homes, mostly social housing, and has already delivered more than 5,000.
  • Northern Barranquilla. The Parques del Norte partial plan, adopted by Decree 0820 of 2025, opens new land for development.
  • Soledad and Malambo. Social housing projects supported by subsidies such as Mi Techo Propio, which contributes up to COP 52 million per household.

What to consider when buying materials in Barranquilla

  • Saline environment. Chloride corrosion attacks reinforcing steel in coastal structures. Specify concrete, cover and cements suited to marine exposure under the NSR-10 building code, and ask the supplier for the technical data sheet of each batch.
  • Low seismic hazard zone. Barranquilla, Soledad, Malambo and Puerto Colombia are in the low zone under the NSR-10, which lowers structural requirements compared with inland cities.
  • Rising costs. With the largest cost increase in the country, locking in price and availability when you issue the purchase order protects the project budget.

Why buy materials on credit

  • You keep the project’s cash for payroll, labor and progress.
  • One line for several suppliers. Buy steel, concrete, masonry or finishes with the same credit line.
  • The supplier gets paid on delivery. That makes it easier to secure availability and delivery times.
  • Decision within 48 hours of receiving your complete documents.

Frequently asked questions.

Yes. We work with suppliers that deliver in Barranquilla and its metropolitan area. We confirm each supplier’s coverage when the purchase order is issued.

Yes. The credit line helps keep materials purchases going while project disbursements and subsidies arrive.

Yes. You can pay upfront from your first order. Every upfront purchase shows us your payment behavior, and with that history we can offer you better financing.

Once we receive all your company documents, we tell you within 48 hours whether you qualify for a credit line.

The available amount is released as you repay. You can use it again for new purchases without filing a new application each time.

No collateral is required. Experience with completed and delivered projects is ideal. If the project runs under a regulated real estate trust (fideicomiso), that counts in your favor.

Related

GuideHow to finance the construction materials for a projectConstruction loans, supplier credit, factoring and revolving lines: when to use each.Cartagena and BolívarConstruction materials in Cartagena, paid upfront or on creditHousing, hotels and institutional projects in Cartagena and Turbaco.Bogotá and the SabanaConstruction materials in Bogotá, paid upfront or on creditProjects in Bogotá, Soacha and the western Sabana. Upfront or 30, 60 or 90-day credit.Medellín and AntioquiaConstruction materials in Medellín, paid upfront or on creditProjects in the Aburrá Valley and eastern Antioquia. Upfront or 30, 60 or 90-day credit.Coffee RegionConstruction materials in the Coffee Region, paid upfront or on creditNew builds, retrofits and reconstruction in Pereira, Manizales and Armenia.
Sources
  1. Camacol, Datos que construyen, 9 de febrero de 2026 (cierre 2025)
  2. Camacol, Datos que construyen, 21 de julio de 2026 (primer semestre 2026)
  3. El Heraldo, ventas de vivienda nueva en Barranquilla, 23 de febrero de 2026
  4. DANE, Índice de Costos de la Construcción de Edificaciones (ICOCED), agosto de 2026
  5. Alcaldía de Barranquilla, Gaceta 1264, plan parcial Parques del Norte, enero de 2026
  6. El Universal, corrosión en estructuras de concreto en la costa, 3 de noviembre de 2025
  7. NSR-10, Título A, Apéndice A-4 (Decreto 926 de 2010)