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Just a question for the long term Medellin foreigners - what do you think of the above area investment wise (longer term). I have heard that it may have some potential based on the following reasons:
- The 33 nightlife area has apparently undergone a revamp and is now much more up market - is this accurate?
- The prices are a lot less cost wise than Poblado.
- People are starting to look at moving back to this area due to the cost in ie Poblado.
- The city is promoting the area and aiming to have it compete somewhat with Poblado.
The above are just things I have heard. Appreciate comments from people / thoughts on this area to live / invest in.
thanks.
By bickerss on May 9, 2008, 11:45 in Friendly Talkzone.
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bogotabrian says on May 9, 2008, 11:52: You might be on to something there. There are a lot of colleges in the area and I have always thought it was a really nice part of town. I will have to check out 33 tonight.
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spigrimace says on May 9, 2008, 11:56: I dont know how much of a revamp it had, but in addition to typical fondas and run down taverns, there are now more newer on the cusp of high-end cafes and lounges. They are redoing curbs and sidewalks througout the main drags all over the city. I like it quite a bit but strictly investment wise Im not sure as many parts of laureles can be just as high as Poblado. I like the neighborhood feel of it and I personally like flat vs. hills of Poblado. Are you talking a business? Commercial property? Residential property?
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Cheers Terry says on May 9, 2008, 12:13: I stumbled on this area earlier this year and quite liked it.
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durito says on May 9, 2008, 12:43: I like the area better than Poblado -- but real estate isn't really any cheaper.
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tomtom33 says on May 9, 2008, 12:49: I don't know much about la 33, but la 70 and la 80 are quite nice. It is hard to beat Estadio on one end of la 70 and UPB on the other end. I am no expert, but it seems that many estrato 5 and 6 properties have already appreciated. You might find a deal in estrato 4. I did.
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RAAAY says on May 9, 2008, 12:54: This is where I live and , of course know it very well. It is very, very dangerous. Gringos are eaten for breakfast here. You will never be safe. Stay away. Go to Poblado. Don't come here. Plesssseeeeeee. Stay the f** away. .........Its useless to argue with ignorance |
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MitchAlvarez says on May 9, 2008, 13:09: lol ray is crazy. Tengale miedo a una huelga de mujeres o a una escacez de aguardiente. :) |
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bickerss says on May 9, 2008, 13:45: Sprigmace - it was for investment for rental property. I guess for more capital appreciation than the the foreign rental as most gringos like to be near to poblado; although that may change.
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robi666 says on May 9, 2008, 14:52: bickerss, I believe Poblado is where your money would work better and stay safer in case of an economy downturn. "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." |
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robi666 says on May 9, 2008, 15:00: Now, if you are buying to live, it is a different discussion. "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." |
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robi666 says on May 9, 2008, 15:03: I was going to edit the previous comment, but someway the edit button is not there. "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." |
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bickerss says on May 9, 2008, 15:16: Hi Robbi - thanks. What about as a lower entry point relying mainly on a capital appreciation of assets. Buying second hand in Laureles gives a lower entry cost and therefore (fr IMO) hedge a little against the possible loss of peso value? I have looked at many many of the new constructions from envigado to San Diego, and I think they are quite costly for 1600 usd a sq metre on average.
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RAAAY says on May 9, 2008, 15:59: Jeez Robi........I don't want to encourage anyone to come over here........but....I think you have it all wrong. .........Its useless to argue with ignorance |
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Medellin Traveler says on May 9, 2008, 16:30: RAAAY and Medellin Traveler, neighbors one day....... Medellin Es Una Chimba! - www.medellintraveler.com |
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robi666 says on May 9, 2008, 16:37: Ray, the 33 had much better life long ago you moved here. When you got here, it happens that it was the worst period in years, I guess much because the work being done. "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." |
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robi666 says on May 9, 2008, 16:38: M_T, were you not going to live in Itagui? "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." |
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robi666 says on May 9, 2008, 16:41: Anyway, it is really difficult to say where is a better investment. Not so much different anyway... Medellin is Medellin. "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." |
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pedro says on May 9, 2008, 17:29: The 33 is a nice part of the city. Like grimace and Ray, I appreciate it being flat and walkable. It has more "soul" than Poblado. ¡save pow wow! |
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MitchAlvarez says on May 9, 2008, 17:30: robi i like el poblado too but your making laureles to be something its not. Tengale miedo a una huelga de mujeres o a una escacez de aguardiente. :) |
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robi666 says on May 9, 2008, 17:33: Just to be clear. I like 33 more than Lleras. "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." |
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durito says on May 9, 2008, 17:35: If I was going to live in the city, I'd definitely live in Laureles.
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MitchAlvarez says on May 9, 2008, 17:45: robi but reading your comments id say im confused now Tengale miedo a una huelga de mujeres o a una escacez de aguardiente. :) |
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Medellin Traveler says on May 9, 2008, 17:48: El Poblado is without a doubt a great neighborhood, but it is a very sterile enviroment. Medellin Es Una Chimba! - www.medellintraveler.com |
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MitchAlvarez says on May 9, 2008, 17:57: MT i loved the pics bro... anymore? jaja Tengale miedo a una huelga de mujeres o a una escacez de aguardiente. :) |
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Medellin Traveler says on May 9, 2008, 18:18:
Medellin Es Una Chimba! - www.medellintraveler.com |
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Medellin Traveler says on May 9, 2008, 18:20:
Medellin Es Una Chimba! - www.medellintraveler.com |
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Medellin Traveler says on May 9, 2008, 18:30:
Medellin Es Una Chimba! - www.medellintraveler.com |
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MitchAlvarez says on May 9, 2008, 19:51: my apartment is two blocks from the first picture. lol Tengale miedo a una huelga de mujeres o a una escacez de aguardiente. :) |
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RAAAY says on May 9, 2008, 20:26: MitchAlvarez says .........Its useless to argue with ignorance |
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robi666 says on May 9, 2008, 20:43: Mitch, "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." |
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MitchAlvarez says on May 9, 2008, 20:54: lol sort of yes Tengale miedo a una huelga de mujeres o a una escacez de aguardiente. :) |
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tomtom33 says on May 10, 2008, 00:56: I brought my novia the last time I ate at Crispino's. She was very pleased with the food as well. We had just come from a reception at UPB.
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spigrimace says on May 10, 2008, 06:45: And all the poblado guys bitched because I put the sports bar on the "wrong" side of the river and they have to drive 10 minutes to get here to watch the NFL. Of course the 20 guys that live in Estadio, Lomas de Los Bernal, La Mota, Laureles, Castellana, etc. didnt bitch.
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panthdave says on May 10, 2008, 15:43: I didn't bitch Chris...I do have access in my apartment now...all games...just in case I do get lazy and don't want to cross the river....LA 33 has improved big time..my opinion.. panthdave Miami |
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panthdave says on May 10, 2008, 15:53: This must be the rich group...talking about 100,000 dollar properties or more...My dreams right now...Chris might come over Memorial Day Weekend....to have a beer..to Champions.. panthdave Miami |
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RAAAY says on May 12, 2008, 10:52: Poblado...???....not for me.......The views from my apartment in Laureles. 2b/r 3bath/room,seperate quarters for live in help....$375 US per month. .........Its useless to argue with ignorance |
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RAAAY says on May 12, 2008, 11:52: Yes...........And a fully equipped gym, sauna and steam room.. .........Its useless to argue with ignorance |
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RAAAY says on May 12, 2008, 12:03: Tom...that is one of those multi purpose things .........it's always there........my finger prints are not on it. I just took tis pic. .........Its useless to argue with ignorance |
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tomtom33 says on May 12, 2008, 12:16: Those multi-purpose things can provide a very good cardio-vascular workout. Me likes.
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robi666 says on May 12, 2008, 12:28: You need a new camera Ray... or just new tele-lenses... "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." |
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RAAAY says on May 12, 2008, 12:38: Yeah......the little lens is giggling around .......... .........Its useless to argue with ignorance |
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bickerss says on May 12, 2008, 13:58: Raay - do you know how much (about) apartments there sell for?
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RAAAY says on May 12, 2008, 14:06: The 3 b/r immediately next to me, which is much bigger than mine, was on the market for about two weeks. I know they were asking 180 mil. I don't know what it was sold for. .........Its useless to argue with ignorance |
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MitchAlvarez says on May 12, 2008, 17:39: where do you live? i like your neighbor by the pool Tengale miedo a una huelga de mujeres o a una escacez de aguardiente. :) |
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robi666 says on May 12, 2008, 19:46: Deals? 180 milions for what... a 70 or 80 sqm apartment? "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." |
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RAAAY says on May 12, 2008, 19:54: That is the total I pay..no other fees.........however, I paid the full year in advance, when the Peso was weaker..................for the coming year the rent will be 850,000 .........Its useless to argue with ignorance |
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robi666 says on May 12, 2008, 19:56: We talked about it before: that's a great price for a 180 millions apartment! "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." |
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BillBigD says on May 12, 2008, 19:57: Robi-The rent he quoted. Also what was the carnival you were talking about on Saturday if you don't mind me asking?
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robi666 says on May 12, 2008, 20:02: Bill, I thought you were talking about the sell price... "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." |
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MitchAlvarez says on May 12, 2008, 20:52: Carnival is a great afterhours spot. Lots of eye candy. I wont say much because Kat and the mafia will attack me jaja Tengale miedo a una huelga de mujeres o a una escacez de aguardiente. :) |
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RAAAY says on May 12, 2008, 22:18: Another , looking out the window............ .........Its useless to argue with ignorance |
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RAAAY says on May 13, 2008, 05:31: Ramrod.................you obviously have'nt been around here for a while.............or, you just don't know where to go............ .........Its useless to argue with ignorance |
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RAAAY says on May 13, 2008, 05:54: LOL.................... .........Its useless to argue with ignorance |
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MitchAlvarez says on May 13, 2008, 06:17: ramrod what is your purpose here in pbh? Tengale miedo a una huelga de mujeres o a una escacez de aguardiente. :) |
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MitchAlvarez says on May 13, 2008, 06:58: analyzing does not mean going from thread to thread talking loads of shit about colombians. From what I see your also talking about Irish. Tengale miedo a una huelga de mujeres o a una escacez de aguardiente. :) |
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RAAAY says on May 13, 2008, 07:05: Ramrod says .........Its useless to argue with ignorance |
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Peter (Moderator) says on May 13, 2008, 07:32: Ramrod was a troll and was deleted, thanks for flagging his comments. Poor but snappy |
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