Real Estate in Colombia: A paradise for real estate hunters and emigrants – apartments, houses and fincas at unbeatable prices
Real Estate in Colombia is a growing destination for expats and property buyers looking for affordable prices and a high quality of life. The country offers breathtaking properties – from modern apartments in the big cities to charming fincas in the countryside. In cities such as Medellín, Cartagena and the rural regions there are real estate offers that are well below European prices. However, these two cities and the capital Bogota are much more expensive than the rest of the country. The reason is probably the high demand from foreign investors, expats and many, especially American, retirees who are settling here.
Real Estate in Medellín – Cheap Apartments in the “City of Eternal Spring”
Medellín, Colombia’s vibrant metropolis, is known for its mild year-round climate and growing expat community. In popular districts like El Poblado or Laureles you can find modern apartments at surprisingly low prices. An apartment with two rooms and a mountain view can be purchased here for just EUR 80,000 – perfect for anyone who wants to combine urban life with nature. However, prices have risen sharply in recent years, partly due to speculation. However, interest rates are very high and a price collapse cannot be ruled out. Envigado and Sabaneta are a little cheaper, but just as modern and safe.
Real Estate in Cartagena – Fantastic properties on the Caribbean coast
Cartagena, the jewel on the Caribbean coast, attracts with historic properties in the old town and modern apartments by the sea. Here buyers can find a luxurious apartment with views of the Caribbean from just CHF 120,000. For lovers of colonial charm, there are houses in the old town, but almost on a southern European level. An alternative to Cartagena is the much cheaper but no less beautiful Santa Marta.
Fincas in the countryside – fantastic retreats in the countryside
If you prefer rural life, you will find affordable fincas in the middle of nature in Colombia. There are large country houses at sensational prices, especially in the coffee growing areas or in the central highlands. A fully equipped finca with several hectares of land often costs no more than CHF 120,000 – ideal for anyone who wants to escape the hustle and bustle of the big city and live a sustainable life. We particularly recommend the “Coffee Zone”, Santander and parts of Antioquia. If you like it cooler, also Boyaca.
We will continue to report on the housing market and real estate. We know enough examples.