The market for real estate in Colombia is mature, active, and undervalued. There’s a well-organized real estate industry here, with a generous inventory of quality properties. Construction standards are high—even in older buildings—yet prices are lower than you’ll find in most markets in the hemisphere… an amazing value when compare to the quality of life offered. Prices for Colombia real estate are still an absolute global bargain. Costs of getting in are low, and demand is growing at an accelerating rate. The rental market is active and profitable, and you don’t even have to be a resident in order to purchase property here.Real estate in Colombia this country is priced in pesos, meaning you have to contend with the exchange rate, which fluctuates daily. Also note that a number of bureaucratic restrictions are in place. As an expat in Colombia, you would need to be prepared to navigate the system.
