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Colombia Real Estate for Sale & Colombia Property Investments

Colombia Real Estate  | Medellin Real Estate | Cartagena Real Estate

Medellin Buyer’s Agent | Cartagena Buyer’s Agent

Why Invest in Colombia Real Estate?

Growing numbers of expats and tourists are attracted by the high-quality, inexpensive lifestyle possible in Colombia, as well as its beautiful scenery and welcoming, friendly people. You have everything from wonderful city living in Medellin and well as Caribbean real estate for sale in Cartagena and Santa Marta. Not to mention very affordable Colombia real estate prices in all of the markets. (Scroll down to see Colombia real estate for sale.)

  • Mountainous, subtropical Medellin gives you weather that has been called “Eternal Spring”.
  • Tropical coastal Cartagena attract those seeking warm weather, beaches, islands, and boating.
  • Highly developed and well-connected, Bogota attracts business investors.
  • Colombia’s Investment Visa is an easy and relatively inexpensive route to permanent residency.

Colombia Real Estate Market

We have expert Colombia real estate brokers in Medellin and Cartagena. Please contact them for prices of real estate for sale in Colombia, property for rent, as well as current rental rates.

While the economy has grown steadily at around 4% a year, home and apartment prices have risen rapidly since 2006.

Cartagena and Medellin has seen highest increases, while Bogota prices have risen most, according to Colombia’s Banco de la República.

[Source: Banco de la Republica- http://www.banrep.gov.co/en]

Colombia Property Investment, Taxes and Doing Business

Cartagena Old City Colonial Houses

  • Buyer’s costs run approximately 1.7 to 3.2%
  • Total real estate transactions costs: 6.8-8%
  • International investors can buy and sell property investments on the same basis as Colombians.
  • Both rental income and capital gains are taxed as ordinary income, at a 33% flat rate for nonresidents.
  • Property taxes are assessed on the value determined by the municipality at locally determined rates from 0.4% to 1.2%.
  • Standard rental contracts are for one year, renewable for the same.
  • Both landlord and tenant must give three months notice to terminate a contract before its end.
  • The terminating party must pay the other the equivalent of three months rent to terminate.
  • Laws tend to favor the landlord if eviction is necessary, but legal proceedings can take more than a year.

Colombian Property Investment Visa

  • For property investments, Colombia requires an investment that is more than 350 times the current legal minimum monthly salary in Colombia.
  • In Q1 2017, that means property purchased for more than 215,600,000 Colombian pesos, or just US$125,000 at 2,900 pesos per USD.
  • The investor visa is issued for one year, permits multiple entries into Colombia and can be converted to a resident visa after five years.

Real Estate Markets and Market Information in Colombia

  • Bogota Property Market – National capital and largest city (population 8.7 million). At 2,640 meters (8,660 ft) above sea level, temperatures are cool and weather often cloudy and rainy and the altitude requires physical adjustment.  Modern, first-world amenities include the international airport that make it a convenient connecting point and place to do business.
  • Medellin Real Estate – The second largest city with nearly 3.7 million people, warm temperatures moderated by the altitude of 1500 meters (4,921 feet). Built in a valley bisected by a river with mountainside neighborhoods, the city is a business hub with beautiful views and tropical vegetation. The condos, houses, and apartments are very well priced in Medellin. Please see more information about and listings for real estate in Medellin.
  • Cartagena Real Estate – The Caribbean port city of 1 million inhabitants, whose colonial charm and government tourism promotions attract international tourists at a rate that has increased by an estimated 15% or more in recent years. Resort condos and apartments are very attractively priced here making for an excellent vacation rental investment market. Please see more information about and listings for real estate in Cartagena.
  • Colombia Real Estate Investments – There are a variety of ways to invest in Colombia real estate. From condos in Medellin, to vacation rentals in Cartagena, to agricultural and farmland investments across the country. Such as this Colombia farm investment in cattle, coconuts, and timber.

Living in Colombia

Medellin Colombia real estate

Medellin Apartments

Colombia today has changed dramatically from the years when political and drug-related violence made it dangerous for foreigners and Colombians alike.

The cities are largely safe and clean, with upscale neighborhoods and beautifully restored historic and public areas.

Foreigners steer clear of the less accessible areas of the country, where the violence continues to be a problem, and enjoy a high quality of life in or near major cities and occasionally in the coffee growing region.

Location and Geography

Colombia is the northwestern-most country in South America, and the only real estate market with both Pacific Ocean real estate and Caribbean property on its coastlines.

The Andes mountain range runs north and south , dividing into three ranges that comprise the central and most populated region of the country.  The coastal lowlands are humid and tropical, while the highlands range from temperate to cool.

Colombia Regions:

  • Central: Andes region, with most populated cities and development.
  • North: Caribbean coastal region, home to several major ports.
  • West: Pacific coastal region, much less populated except for the port of Buenaventura.
  • East: Fertile plains used for cattle ranching, ricing farming, and mineral, oil and gas extraction.
  • Southern: Part of the Amazon River jungle, lightly inhabited and largely inaccessible with little infrastructure.

[Source: For More Information – Wikipedia Colombia]

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Feel free to browse through our Colombia real estate listings below, or for more information about investment property in Colombia contact us now.

 

Colombia Real Estate Listings for Sale:

Cartagena Colombia Apartment

$ 130,000
With great views of El Laguito & Castillogrande this spacious furnished apartment with 4 bedrooms and 3 bathrooms would make an excellent rental property or family vacation home. 130 sq. metre 4th [more]
With great views of El Laguito & Castillogrande this spacious furnished apartment with [more]
43 130.00 m2full info

Cartagena Colombia Restaurant

$ 391,400
With an excellent location in the heart of the old city (Centro) with 2 dining areas and fully equipped, this charming Italian restaurant which has occupied the same corner location for over 12 years, [more]
With an excellent location in the heart of the old city (Centro) with 2 dining areas and f [more]
236.00 m2full info

Cartagena Colombia Penthouse Laura

$ 489,000
This impressive 16th floor Penthouse with its own private elevator has been the subject of extensive remodeling and provides an exclusive family property in a lakefront building in El Laguito with som [more]
This impressive 16th floor Penthouse with its own private elevator has been the subject of [more]
34.5 243.00 m2full info

Cartagena Corner Apartment for Sale

$ 232,200
Excellent apartment having one of the best corner locations of this brand new development in Cabrero. Just steps from the beach and within walking distance of the old city. With 3 bedrooms and 2 bathr [more]
Excellent apartment having one of the best corner locations of this brand new development [more]
32 89.00 m2full info

Cartagena New Commercial Retail

$ 93,000
With a strategic location within the tourism sector and high value area of the city, this brand new complex of commercial retail space and 34 room hotel offers wonderful opportunities. It is built rig [more]
With a strategic location within the tourism sector and high value area of the city, this [more]
Rentals

Cartagena Penthouse El Laguito

$ 280 Per day
This impressive 16th floor Penthouse with its own private elevator has been the subject of extensive remodeling and provides an exclusive family property in a lakefront building in El Laguito with som [more]
This impressive 16th floor Penthouse with its own private elevator has been the subject of [more]
34.5 243.00 m2full info
Rentals

Cartagena Luxury Vacation Rental

$ 190 Per day
Luxury vacation rental in Cartagena Colombia. Three bedroom apartment with amazing views over El Laguito. This 14th floor apartment has a very generous total area of 180m2 which includes a large balco [more]
Luxury vacation rental in Cartagena Colombia. Three bedroom apartment with amazing views o [more]
32 180.00 m2full info
Rentals

Cartagena Condo for Rent 1 Bedroom

$ 150 Per day
Completely remodeled in 2008, Apartment 1007 Tocahagua is furnished and equipped to a high standard and has a spectacular ocean view. Comprising 1 bedroom, 1 bathroom, living room with sofabed and ful [more]
Completely remodeled in 2008, Apartment 1007 Tocahagua is furnished and equipped to a high [more]
Rentals

Cartagena Condo Vacation Rental 3BR

$ 400 Per day
Cartagena Colombia vacation rental condo with a 10 meter wide balcony giving you specacular ocean views. This Los Amirantes condo vacation rental was remodeled to a high standard in 2011 to provide a [more]
Cartagena Colombia vacation rental condo with a 10 meter wide balcony giving you specacula [more]
33 160.00 m2full info
Rentals

Cartagena Vacation Rental on Beach

$ 130 Per day
A very affordable and cozy Torre Centauro vacation rental apartment with the building located on the beach and with direct beach access. Views to the ocean, lake and city and just steps from the Hilto [more]
A very affordable and cozy Torre Centauro vacation rental apartment with the building loca [more]

Cartagena Murano Condo for Sale

$ 528,400
Cartagena Colombia apartment for sale with an absolute beach front location. This exclusive Murano Beach House 10th floor corner condo for sale is without doubt one of the best on the market. With 2 b [more]
Cartagena Colombia apartment for sale with an absolute beach front location. This exclusiv [more]
23 148.00 m2full info

Cartagena Mansion House for Sale

$ 2,422,600
Surely one of the city’s finest homes, this Republican mansion house (built in 1928) is located in Manga across the bridge from the old city on a beautifully landscaped lot of close to half an a [more]
Surely one of the city’s finest homes, this Republican mansion house (built in 1928) [more]
55 962.00 m2full info

Cartagena 2 Bedroom Condo for Sale

$ 170,000
New 2 bedroom condo for sale in Cartagena Colombia. This Beach Club condominium has full width balcony with La Boquilla beach and ocean views. This condo has a full width balcony fronting both master [more]
New 2 bedroom condo for sale in Cartagena Colombia. This Beach Club condominium has full w [more]
23 104.00 m2full info

Cartagena Old City Home for Sale

$ 795,000
Beautiful old city house for sale in Cartagena Colombia. This 3 bedroom home is located in the historic San Diego area of the old city. Situated in Cabonara Street, an exclusive location in the histor [more]
Beautiful old city house for sale in Cartagena Colombia. This 3 bedroom home is located in [more]
34 205.00 m2full info

Castillogrande Beachfront Condo

$ 570,000
Situated in Meriano Sur, this beachront condo for sale in Castillogrande Cartagena has spectacular views coming off the elevator directly into this beautiful family size fully furnished 4 bedroom beac [more]
Situated in Meriano Sur, this beachront condo for sale in Castillogrande Cartagena has spe [more]
45 270.00 m2full info

Cartagena Real Estate Investment

$ 682,000
Waterfront apartment real estate investment in Cartagena Colombia. This investment property is located on the waterfront by the marina in Manga which is in front of Club Nautico. This unique property [more]
Waterfront apartment real estate investment in Cartagena Colombia. This investment propert [more]
54 307.00 m2full info
Sales

Isla Baru Development Land for Sale

$ 1,520,000
Beachfront development land for sale in Cartagena Colombia. This is a wonderfully exciting beachfront development opportunity on Isla Baru. In a paradise setting on scenic Barbacoas Bay with 114m of b [more]
Beachfront development land for sale in Cartagena Colombia. This is a wonderfully exciting [more]

Penthouse for Sale in Cartagena

$ 350,000
This is a rare opportunity to find a beachfront penthouse for sale in Cartagena of this size. The penthouse is on Bocagrande’s beachfront (Mar Adentro), in the center of all the new hotel constr [more]
This is a rare opportunity to find a beachfront penthouse for sale in Cartagena of this si [more]
33 171.00 m2full info

Cartagena 10th Floor Condo for Sale

$ 325,000
This large Bocagrande condo for sale in Cartagena (Punta Arena) is a ‘sleeper’ and really must be seen. Being the only apartment on the 10th floor of an 11 story building and having 3 balc [more]
This large Bocagrande condo for sale in Cartagena (Punta Arena) is a ‘sleeper’ [more]
34 290.00 m2full info

Cartagena Furnished Condo for Sale

$ 227,000
In The Panorama building, Bocagrande this spacious fully furnished condo for sale in Cartagena Colombia is ideal for either a family vacation home or for an investor wanting a rental income. On the 13 [more]
In The Panorama building, Bocagrande this spacious fully furnished condo for sale in Carta [more]
33 180.00 m2full info

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