Furnished Apartments in Medellin

We have the following furnished apartments for immediate occupancy. Please send a message for more info

35 sq. meters (approx. 376 sq. ft.), 1 bedroom, 1 double bed, 1 bath with shower, 1 closet, kitchen, oven, washing machine, refrigerator, water heater, cable tv, closet, unlimited local calls. Sofa bed, chairs, balcony (great view from 15th floor). Accomodates max. 3 people. 24 hr. doorman. Building has steam room, jacuzzi. Located next to Santa Lucia metro station. Price: $1,500,000/month

75 sq. meters (approx. 807 sq. ft.), 2 bedrooms, 2 baths (1 bathtub, 1 shower), 1 double bed, 1 single bed, large living/dining area, fully equipped kitchen, 2 closets, cable tv, broadband internet connection, unlimited local calls. Accomodates max. 4 people. Located in El Poblado close to Transversal Inferior, minimall within walking distance. 5 minutes by taxi to Parque Lleras. Price: $2,000,000/month

By RealEstateCOL on May 12, 2008, 12:57 in Renting, selling & meetups.

tomtom33 says on May 12, 2008, 13:38:

I just rented my 140 m2 apartment in Conquistadores to a friend for 800K per month. The apartment is partially furnished, but he will have to buy a mattress and a TV.

Guess I should have rented through you.

panthdave says on May 12, 2008, 15:19:

Thats kind of expensive or I am out of touch..Paying 815000 for a two bedroom right up the street from Hotel Belfort in Castropol..Two Bedrooms Two Full Baths plus utilities/internet/cable...Total: 1091041COP..I did have to buy my own furniture which I wanted anyways, a fridge, and lavadora.. 10 minute walk to Parque Llares or Parque Poblado. I was paying 780,000 for the same apartment a year ago but they raised the rent by that damn percentage they allow. Really thinking of moving on July 25th..out of Poblado(Castropol) to a lower estrada..

panthdave Miami

robi666 says on May 12, 2008, 15:23:

The rent for a furnished apartment is usually calculated multiplying the rent of the empty apartment for 1,5.

"I am a citizen of the most beautiful nation on earth. A nation whose laws are harsh yet simple, a nation that never cheats, which is immense and without borders, where life is lived in the present."

durito says on May 12, 2008, 15:35:

I'd say more like 2x or more for the vast majority of places I've seen. Though that should include absolutely everything AND be available for a short term lease.

Cheers Terry says on May 13, 2008, 00:54:

35 sq. meters for $1,500,000?

I saw apartments (only partially furnished though) that were three times that size for the same money earlier this year, in a stellar building right in the heart of Poblado.

Was I simply lucky having a trusted, smart Colombian do all the leg work - or is this yet another post with gringo pricing?

Cheers,
Terry

robi666 says on May 13, 2008, 00:57:

Yes, it is way too much...

Brians says on May 13, 2008, 04:37:

Based on a quick calculation I am renting my unfurnished apartment by about $2,500,000 a month than what I should be:) Robi you told me I was getting good rent!!!

robi666 says on May 13, 2008, 05:52:

The problem with those smallish apartment is that you never know how to calculate the price or rent.

A good monthly rent would be the 0.8% of the price of the apartment including administration (1.2% if furnished).
Based on this, that apartment is 125 millions, more than 3,5 millions per m2, which is obviously a lot even if the price is new.

As reference, they are selling new studio-apartments in the best location in El Poblado for around 4 millions per m2, but including garage. That apartment is not in El Poblado.

Brians says on May 13, 2008, 08:16:

I was just kidding buddy:)