Daily Rental Opportunity! Unique Luxurious Studio with Industrial Design
Priced to sell, 35 m2, open state-of-the-art, fully furnished, high-end studio apartment in one of our most highly occupied short-term rental buildings: Factory Lofts.
Factory Lofts is located in the neighborhood of Laureles, an up-and-coming tourist zone that ‘Medellin Living’ is calling “the next El Poblado”.
It is a modern industrial-looking building that offers unique architecture and unrivaled luxury. You´ll be surrounded by well-known restaurants, groceries just minutes away, cafes, gyms, ATM´s and everything you need in striking distance.
Factory Loft is a fully licensed building for short term rentals (Airbnb legal) and yearly appreciation on these type of rental properties have been rising faster and stronger than the average Medellin real estate market (15%).
The building location and management staff is such that occupancy rates in this core building have already recovered to better than pre-Covid 19 levels (October 2020: 92%).
Rental profits are redistributed according to a rental pool model which diversifies the risk of seeing the unit not being rented thus affording the owner peace of mind and a stable monthly rental income from a high yield producing asset (8% ROI).
Furthermore, the still very strong US dollar means that this unit is at a relative 10% discount compared to pre-Covid 19 exchange rate conditions making it a great investment at a fantastic price!
If you’re interested in this property or have any questions regarding the current market please feel free to contact me at any time at [email protected]
PRICE: 410,000,000 COP