Cash Flow-Generating Machine in Provenza (12% ROI)

*Click on the link for photos*

For investors looking for the best bang for their buck, this older and newly remodeled apartment presents the perfect opportunity. Every week, I scout the local market for the best opportunities for our investors, with two criteria in mind:

• Location
• Price per square meter

This week, this was the find. It’s an apartment located in Las Lomas (map here), only a couple of minutes walking distance from parque Lleras. With only a paint job, bedroom separations, furniture and some bathroom updates needed, this is a chance for investors looking for low acquisition price (rare in El Poblado) and high monthly income.

Taking a $1,000 – $1,200 USD expected rental range, we’re looking at 10%-12% ROI.

Feel free to contact me directly at tomas@casacol.co and we’ll coordinate a meeting to discuss this property!

• Close to public transport
• Close to restaurants
• Close to shopping
• Close to supermarkets
• Highly walkable location
• Open concept kitchen