Parex

Construction materials in Cartagena, paid upfront or on credit

For builders and contractors with housing, hotel or institutional projects in Cartagena and Turbaco. 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 Cartagena

  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 Cartagena and Turbaco. 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 Cartagena

+87.7%
housing starts in Bolívar in the first half of 2026
23.3%
of licensed area in Bolívar in the first half of 2026 went to hotels and lodging
48.7%
of licensed area was housing, compared with historically more than 80%
7.39%
annual change in construction costs in Cartagena as of August 2026 (DANE ICOCED)

Cartagena builds differently from the rest of the country. In 2026 almost a quarter of licensed area in Bolívar went to hotels and lodging and a significant share to education, while market-rate housing gained weight over social housing. Housing starts grew strongly in the first half, but new permits fell, so activity in the coming months depends on approved projects that need to protect their cash.

Where construction is happening

  • Turbaco. A housing expansion corridor, with paving of the road to Turbaná under way since April 2026.
  • Tourist and island areas. Hotel and lodging projects with high finish requirements.
  • Institutional works. Education accounted for 12.6% of licensed area in the first half of 2026.

What to consider when buying materials in Cartagena

  • Saline environment. Chloride exposure speeds up corrosion of reinforcing steel. Specify concrete, cover and cements suited to marine exposure under the NSR-10 building code, and ask for the technical data sheet of each batch.
  • Zoning in transition. Cartagena still operates under its 2001 land-use plan and a new plan is being prepared. Confirm the applicable rules with the licensing office before committing purchases for projects that are not yet licensed.
  • Hotel finishes. In hotel projects, finishes weigh more in the budget. A revolving line lets you buy them in stages without paying the full amount upfront.

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. The credit line applies to materials purchases for any type of project carried out by a construction company or contractor, including hotels and institutional buildings.

Yes. We work with suppliers that deliver in Cartagena and Turbaco. We confirm each supplier’s coverage when the purchase order is issued.

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.Barranquilla and AtlánticoConstruction materials in Barranquilla, paid upfront or on creditProjects in Barranquilla, Soledad, Puerto Colombia and Malambo. Upfront or 30, 60 or 90-day credit.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 Universal, participación de la vivienda en el área licenciada en Bolívar, 2 de septiembre de 2026
  4. El Universal, avance del POT de Cartagena, 11 de junio de 2026
  5. El Universal, vía Turbaco a Turbaná, 22 de abril de 2026
  6. DANE, Índice de Costos de la Construcción de Edificaciones (ICOCED), agosto de 2026
  7. NSR-10, Título A, Apéndice A-4 (Decreto 926 de 2010)