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Post Info TOPIC: Real estate market in Colombia


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Real estate market in Colombia
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Hello,

I am planning to move to Colombia and maybe later buy a flat/house/land there.

I know that the Colombian economy is doing good and the prices of real estate have been going up a lot in the last 5 or 10 years or something and that Colombia has been regarded as a business opportunity for many.

Myself i am not interested in making business but i am afraid to buy my house between now and 2020 at a high price and that later the prices will come crashing down because of a market bubble.

so i am asking the question, is it a good time to buy real estate in Colombia?

Thanks.

 

 

 

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However, general trends that may prove popular include:

Cities with growing economies: Major cities such as Bogotá, Medellín and Cali tend to attract the attention of investors because of their economic growth, infrastructure and business opportunities.

Tourist Zones: Areas popular with tourists, such as Cartagena and San Andres, can be attractive for real estate investment as tourism can drive demand for housing and commercial real estate.

Sustainable projects: With increasing interest in environmental sustainability, properties that meet these requirements may become popular. This includes energy efficient homes, properties with green technology, etc.

Developing suburbs: With the increasing population, investments in developing suburbs where access to infrastructure and amenities are important may be popular.

Commercial Real Estate: Investing in commercial real estate such as office buildings or shopping centers can be interesting, especially in business districts.

When deciding to invest in real estate in Colombia, it is important to conduct detailed market research, taking into account local laws and regulations, and consulting with local real estate experts.

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