Best of Residential Medellin Real Estate & Neighborhoods in 2023


 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


  1. 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.


  1. Fincas

Professionals preferring their personal commute in Medellin are increasingly renting Fincas other than purchasing them outright. While most owners of Fincas are still locals, the rentals on it continue to bring steady foreign investment into the country. Naturally, these fincas are upgraded to offer complete luxuries to increase their accommodation prospects further.


  1. Penthouses


The exclusive penthouses are already owned by international businessmen or professionals who are regular visitors to Colombia. Although it's less of a possibility to rent a penthouse, especially during November, one may find a few in Laureles, if not in El Poblado, where their listings are selling fast.

Another thing about the penthouses here is that plenty of them belong to the few global hotel chains. So, even if you are someone traveling to Medellin from any part of the world, it's likely that you can find your space here for a cost.


  1. Single & Duplex Houses



Students, tourists, and business professionals are the respective demographics renting single homes for temporary stay in Medellin. Based on the low rents, which range between $300-$400, these homes are perfect for couples and families who visit the country for vacations or to attend local events.


Best Neighborhoods For Stay in Medellin in 2023


  1. El Poblado


The only neighborhood in Medellin with the highest estrato value is El Poblado. Should you visit it, the dynamically changing landscape is one of its highlights, along with the nightlife and cultural activities it offers. Real estate costs in Poblad are soaring, and it's likely to remain the same for the entire decade, if not more.


  1. Laureles


Laureles offers a fantastic platter of real estate choices in the Medellin Real Estate market, where natives still own its many establishments. Although it's not far from the truth to say that it's one of the fastest-growing neighborhoods, one can still find attractive deals for homes for sale with Medellin advisors.


  1. San Lucas


The exclusively gated community of Medellin is never unwelcoming to its tourists, who prefer everything it has to offer. From condos to apartments to luxurious homes, the real estate in this region is highly preferred by individuals who want security and privacy. Its convenient location makes its residents and tenants enjoy the skyline, the mountains, and the connectivity to central Medellin.








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