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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:

Beachfront Condo for Sale Cartagena

$ 288,000
Located in the Edificio Horizontes (a beautiful 31 story high-rise complex with its innovative, exciting architectural concept) on the beachfront at Bocagrande, this 2 bedroom 28th floor apartment is [more]
Located in the Edificio Horizontes (a beautiful 31 story high-rise complex with its innova [more]
22 120.00 m2full info

Cartagena Bocagrande Beachfront Condo for Sa...

$ 183,500
In a popular high-rise condo complex on the beachfront at Palmetto, Bocagrande, this fully furnished turnkey apartment is ready to enjoy or begin renting. The excellent common and social areas of the [more]
In a popular high-rise condo complex on the beachfront at Palmetto, Bocagrande, this fully [more]

Cartagena 41st Floor Condo for Sale

$ 322,000
Viewing is a must for this exclusive designer condo on the top floor of Eliptic 41, Palmetto with the best location in the building. The views will take your beath away when you enter this 41st floor [more]
Viewing is a must for this exclusive designer condo on the top floor of Eliptic 41, Palmet [more]
22 92.00 m2full info

Cartagena 2 Bedroom Condo for Sale

$ 144,000
Located at Marinare Beachfront 8 in El Laguito, this beautifully renovated property has fabulous views including Tierra Bomba Island from its double width balcony. Ideal as a vacation home or an excel [more]
Located at Marinare Beachfront 8 in El Laguito, this beautifully renovated property has fa [more]
22 85.00 m2full info

Cartagena 4 Bed Penthouse for Sale

$ 287,000
Viewing a must of this 20th floor penthouse in the Escape Plaza on Ave. San Martin, situated just steps from the beach, close to everything and with views in all directions to the ocean, bay and city. [more]
Viewing a must of this 20th floor penthouse in the Escape Plaza on Ave. San Martin, situat [more]
44 180.00 m2full info

Cartagena 3 Bed Condo for Sale

$ 417,000
This large family condo in El Laguito is just three years old and feels like a penthouse, with its huge wrap around balcony with jacuzzi giving panoramic views of the bay, ocean and lake. Within walki [more]
This large family condo in El Laguito is just three years old and feels like a penthouse, [more]
34 228.00 m2full info

Cartagena 4BR Penthouse for Sale

$ 455,000
This amazing two story El Laguito 4BR penthouse is for sale in Cartagena. The penthouse has many custom features and is in the Torres Del Lago building in El Laguito. It has 236m2 of living area plus [more]
This amazing two story El Laguito 4BR penthouse is for sale in Cartagena. The penthouse ha [more]
45 236.00 m2full info

Cartagena Colombia Investment

$ 138,500
Situated in the heart of the popular tourist area of El Laguito, this Cartagena Colombia investment property feel like a high-end hotel suite and was renovated and remodeled to a very high standard Ma [more]
Situated in the heart of the popular tourist area of El Laguito, this Cartagena Colombia i [more]
46.00 m2full info

Cartagena Investment Property

$ 146,000
Situated on the oceanfront in the popular tourist area of El Laguito. This Cartagena investment property in a fully furnished and equipped apartment with great views — is an excellent investment [more]
Situated on the oceanfront in the popular tourist area of El Laguito. This Cartagena inves [more]
22 84.00 m2full info
Cartagena Hyatt condos for sale
Investments

Cartagena Hyatt Condos for Sale

Contact for Details
The Cartegana Hyatt condos for sale offers a Cartagena real estate investment in Colombia — which is turn key. Cartagena is booming as the tourist and vacation rentals gem of Colombia. The world [more]
The Cartegana Hyatt condos for sale offers a Cartagena real estate investment in Colombia [more]

Cartagena Condominiums for Sale

$ 310,000
These new luxury 1, 2 & 3 bedroom Colombia condominiums for sale in Cartagena are now under construction in Cartagena’s Palmetto Sunset Development. Located in the upscale barrio of “E [more]
These new luxury 1, 2 & 3 bedroom Colombia condominiums for sale in Cartagena are now [more]
11 130.00 m2full info

Condominiums for Sale in Cartagena

Prices Starting At $ 158,000
The new El Laguito Palmetto Sunset condominium development in Cartagena offers 1, 2 or 3 bedroom condominiums for sale on Cartagena Colombia’s Caribbean coast. The condos are available in a rang [more]
The new El Laguito Palmetto Sunset condominium development in Cartagena offers 1, 2 or 3 b [more]
11 66.00 m2full info
Sales

Beachfront Condos for Sale in Cartagena Boca...

$ 323,000
These 1, 2 & 3 bedrooms Cartagena beachfront condos are for sale now in the Murano Elite development with prime beachfront location in the sought after Cartagena Colombia neighborhood of Bocagrand [more]
These 1, 2 & 3 bedrooms Cartagena beachfront condos are for sale now in the Murano Eli [more]
33 117.00 m2full info
Developments

Beachfront Apartments for Sale in Cartagena ...

Starting at $ 173,000
The Murano Elite development, under construction on the Cartagena beachfront, offers new apartments for sale in Cartagena Colombia on Bocagrande with spectacular Caribbean beach views. Each floor of t [more]
The Murano Elite development, under construction on the Cartagena beachfront, offers new a [more]
12 117.00 m2full info

Luxury Penthouse for Sale Cartagena

$ 1,650,000
Magnificent, 3-story penthouse for sale in Cartagena. This 600 square meter (~6450 ft2) penthouse is perfectly located in Bocagrande, on the malecon, one block from the Hyatt Regency and Plaza Bocagra [more]
Magnificent, 3-story penthouse for sale in Cartagena. This 600 square meter (~6450 ft2) pe [more]
55 600.00 m2full info

Cartagena Bocagrande Beach Front Apartment f...

$ 245,000
The views from this “MUST SEE’ unit, located on the 21st floor will immediately catch your attention. This cozy and comfortable apartment is in excellent condition. Check out these additio [more]
The views from this “MUST SEE’ unit, located on the 21st floor will immediatel [more]
22 92.00 m2full info

Luxury Cartagena Condo for Sale

$ 2,200,000
Highly exclusive Cartagena condo for sale in Colombia, enjoying prime location within Bocagrande on the shores of Cartagena Bay. The brand new Parke 475 building (finished in 2016) is one of the hotte [more]
Highly exclusive Cartagena condo for sale in Colombia, enjoying prime location within Boca [more]
45 500.00 m2full info

Beachfront Condo for Sale Cartagena

$ 250,000
Looking for an investment property but want to avoid soaring prices at home? Don’t miss out on this 2 bedroom beachfront Cartagena Colombian condo for sale – with prime, beachfront locatio [more]
Looking for an investment property but want to avoid soaring prices at home? Don’t m [more]
22 92.00 m2full info

Beachfront Apartment in Cartagena

$ 465,000
Looking for your dream overseas vacation home? Look no further than this 3 bedroom beachfront Cartagena apartment for sale in Bocagrande. The Terrazas del Mar building enjoys perfect beachfront locati [more]
Looking for your dream overseas vacation home? Look no further than this 3 bedroom beachfr [more]
33 162.00 m2full info

Penthouse for Sale Cartagena

$ 750,000
Don’t miss out on this 19th Story penthouse for sale in Cartagena Colombia. 3,487 sq. ft. indoor & outdoor living space, 4 spacious bedrooms, 4 bathrooms, custom kitchen, plus a/c units in a [more]
Don’t miss out on this 19th Story penthouse for sale in Cartagena Colombia. 3,487 sq [more]
44 324.00 m2full info

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