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Best of Residential Medellin Real Estate & Neighborhoods in 2023

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  The world saw the Colombian Peso achieve the status of one of the top 10 flourishing economies in April 2023, whose greatest contributor is the real estate sector. Achieving a staggering positive 9% growth along with the 10% increase in the strength of Peso, Medellin Real Estate in Colombia is booming. So here is a list of the best Medellin has to offer in terms of the types of residential properties and the neighborhoods housing them. Best Types of Residential Properties in Medellin in 2023 Apartments Most of the Medellin Real Estate consists of Apartments, many of which are listed on Airbnb for over $2000. Despite these rates, the listings are being booked constantly, with numerous tourists renting them for several months. Similarly, a number of other properties that are low-rise apartments are also seeing fully booked status throughout the year. Fincas Professionals preferring their personal commute in Medellin are increasingly renting Fincas other than purchasing them outr...

Why Act Fast When You See Property for Sale in Medellin, Colombia?

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Situated in the centre of the " Gateway to South America ", Medellin is flounced into a valley at the heart of the Andes Mountains and is the country's second-largest city. It is also famous for the la feria de las Flores - The Flowers Festival and for providing a fantastic atmosphere for retirees who want to live peacefully in an inexpensive city.  Along with that, the vibrant nightlife, near-perfect weather, value-for-money real estate sector, and lower cost of living make this city one of the best in South America. Hence, it is no wonder you should pounce on any available property for sale in Medellin, Colombia.  Additionally, the welcoming citizens infused with a warm spirit are one of the prime reasons foreigners decide to choose Medellin as their retirement city.  According to a recent stat, more than 90% of city folks agreed that the city has the best nightlife, and more than 95% said that the food and drinks were incredible. More than 93% of respondents agreed tha...

La Feria De Las Flores: Festival Beyond the Cosmopolitan Gung-ho of Columbia!

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Do tree parades, bird and orchid show, and huge fondas sound enticing to you? If yes, then Medellin's marvellous event, la feria de las flores , will give you ample opportunity to discover and explore the city.  The past two years were tough on this festival due to the pandemic. However, the festival will be returning once again in 2023, as this vibrant festival was only glimmering hope for the people of Columbia to smile.  However, you will wonder, what is La Feria De Las Flores? The history of the festival!  The city of eternal spring, Medellin, was known as "the most dangerous city in the world" and has worked tremendously hard to transform its image correlated to drugs, gun violence, and gang wars.  And it is safe to say that la feria de las Flores has played a considerable role. This festival has enticed travellers all around the globe and has made the city a famous travel destination with a hot spot for dining, glamorous bars, and mesmerising coffee.  ...

The Legal Process of Buying a Property in Colombia

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  As a foreigner, it is always beneficial to invest in Colombian real estate. The Colombian government understands and appreciates foreign investment. So, the country offers all possible facilities to make the entire process of buying a property in Colombia quite easier and stress-free. Whether you are a Colombian resident or a foreigner who wants to invest in Colombian real estate, the buying process is the same for all.   The only required document for the foreign investor is a valid passport and sufficient funds for the purchase. However, buying real estate in Colombia will give foreigners a residency permit. Also, based on the type and size of the property you are investing in, you can apply for a 1-year or 5-year visa. Certificate of Tradition and Liberty   Once you finalize the right property for your investment and you want to move further in the process of buying it, the very first step is to get the Certificate of Tradition and Liberty. The best way to make the p...

Points To Keep In Mind When Investing in Colombia

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Colombia is known for its dynamic destinations, delicious cuisines, and incredible history. Due to the number of factors, it not only encourages tourists from around the world but real estate investors as well. A thriving economy and growing tourism have contributed a lot to global investment opportunities in various major cities. If you are planning to invest in Medellin Colombia Real Estate , you should consider some points that need to be kept in mind while searching for a property. You should be aware of these considerations so that you can make the right decision. Travel to Colombia Whether you want to buy a property in Colombia or are thinking of purchasing a property, you should visit different cities of the country and check each aspect of them. You can also choose to rent a property in a city you want to invest in. You should be familiar with the local vibe. If you don’t know much about different cities, take your time to do research about best places in Colombia and compare ...

Compelling Reasons to Live in Rental Homes in Medellin Colombia

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The rich culture of Medellin attracts plenty of visitors throughout the year who revel in the various festivities enjoyed by the locals and foreigners alike. The progressive nature of the city and its vibrancy also attracts many people who seek to improve their quality of life while living in a city that’s also called ‘The City of Eternal Spring’ for its ambient climate. If you’re already hooked on everything this city has to offer, you might’ve already been looking at homes for sale in Medellin Colombia but what if we told you, that rental homes can be the perfect way to begin your stay in this city of amazement and wonder! Why is Living in Rental Homes for Sale in Medellin Colombia Better? You might argue that living privately can be better than renting in Medellin for reasons such as privacy, safety, and so on but, those things aren’t as exclusive to privately owned homes. Following are the reasons why you should instead live in rental homes for sale in Medellin Colombia : Get Acq...

Best Places in Colombia You Should Consider For Living

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Colombia is one of the most ethnically and linguistically diverse countries and each year it continues to attract more and more foreigners, ranging from entrepreneurs to couples and families for spending some quality time and enjoying the warmth of the country. There has never been a better time to invest in vacation rentals in this tropical country because of its low cost of living, energetic climate, and good healthcare services. Furthermore, Colombia is considered as one of the top locations for a foreign retirement location. However, finding the best location to buy property is very essential.  Best places in Colombia you should consider living in: Before you choose the destination, you have to consider the climate, cost of living in the city, social activities, and healthcare standard of the particular municipal you have chosen.  Medellin  The city is one of the most favorite cities in Colombia for property buyers and is known as the retirement city of Colombia. The ...