Ultimate Rental Location + Cheap Purchase Property in El Poblado = 8%+ ROI

Medellin, El Poblado, Transversal Inferior con Calle 10

Quick Summary

Property ID
PR788990895
Price
COP330,000,000
Type:
Apartment
Status:
SOLD
Area:
121 m2
Rooms:
3
Beds:
3
Baths:
2
Parking:
2
Tax:
$507,191.00
HOA/Admin:
$460,000.00
Title value:
$198,616,000
Building Age:
33 years
Listing Date:
September 28, 2016

Property Description

With ample gardens, spacious rooms, and an ideal location (7 minutes walking distance from Parque Lleras), this apartment comes fully equipped for a very competitive return on investment. Thanks to its low price per square meter ($2.7 Millones/m2) and its strategic spot, we’re looking at a solid 8% on an anual basis, not taking into account the appreciation in El Poblado, which comes at around 7.5% year-on-year. USD vs. Colombian Peso is an advantage at the moment, providing yet another return (Geoarbitrage), so the timing is perfect for a purchase like this. Look forward to working with you on this one!

For more information, don’t hesitate to contact me at: tomas@casacol.co

Property Features

  • 24 Hour Security
  • Balcony
  • Close to public transport
  • Close to restaurants
  • Close to shopping
  • Close to supermarkets
  • Highly walkable location
  • Underground Parking

Map

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