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SOLD
Laureles Most Attractive Short-Term Eligible Building
Description
This studio unit, a fully-furnished unit represents one of our most highly occupied short-term rental buildings in the city, especially in the Laureles area. Casacol’s most popular building with veteran investors and beginners as well. The reason is simple: Laureles first rental pool system building affords owners the peace of mind and consistency of a stable monthly rental income. The location is second-to-none.
During the COVID pandemic, Factory Lofts was cash-flow positive every single month and has made an abrupt recovery back to pre-COVID occupancy levels. Besides a consistent source of rental income, units in the rental pool model are easily utilized by owners that would like their investment to double as a vacation property as well as a source of financial comfort. A characteristic that is much more challenging for many other properties in the city.
This sector is filled with the city’s best cuisine, entertainment, and lifestyle. We are seeing a very strong trend from all the high-end brands already located in El Poblado (Starbucks, Delirio, El Correo, etc) also opening up branches in Via Jardín; Laureles’ most affluential and “gourmet” street. Medellin Living is calling it the “next El Poblado”.