|
Colombia real estate is always a hot topic on PBH with some posters saying: BUY NOW, as others warn: RENT FIRST, then buy when the prices drop.
While personal convictions on what to do remain strong, there seems to be little in the way of actual price comparisons and year-to-year trends.
Check out these April, 06 numbers regarding Medellin Poblado apartment prices at:
http://medellininfo.com/realestate/poblado-prices.html
Regards,
Jim
By jmbone on May 15, 2006, 10:45 in Buy, Sell & Rent.
|
|
expatriate says on May 16, 2006, 08:16:
My conclusion is as it has been for the last couple of years. If you want a brand new apartment in Colombia, you'll need to pay a premium, just like buying a brand new car.
Also, buying an under construction apartment can have some risk, in case the building is never finished.
I'm going with Rent First, then buy a used place when the prices drop.
You better take care of me Lord, if you don't you're gonna have me on your hands.
0 funny, 0 helpful.
|
|
|
acalleja says on Jan 2, 2007, 18:15:
Not too much risk in buying I think that buying in Medellin now would be a good time, due to the fact it´s a growin city and their is great demand for a nice apartment. However, I think it depends on if you plan to live or invest. If you plan to live here then a nice apartment will cost you, but if you plan on investing then dón´t expect the double digits in your investment.
0 funny, 0 helpful.
|
|
|
panthdave says on Jan 5, 2007, 13:21:
Personally El Poblado Overbuilding-Prices will Drop www.elcolombiano.com and the El Colombiano Newspaper has some great listings to buy..My opinion prices will drop due to overbuilding in El Poblado over Christmas and New Years there are many apartments for rent and one agency is desparate to fill empty apartments. Found some great deals for rent which I will be doing for 6 months probably in Belen due to the traffic issues in El Poblado. Anyways wanted to give my 2 cents on El Poblado..that I think there overbuilding..and prices will drop to fill apartments..
Back in Miami working.. Will be in Medellin January 25th to finally get into an apartment..
panthdave Miami
panthdave Miami
0 funny, 0 helpful.
|
More posts by the same author:
Top per sq. meter prices in 10 major Colombia cities 2
Think before you write, think before you believe. 9
|
See also:
Apartments-Medellin.com - Rent Luxury Apartments in Poblado, Medellin (2009)
Special Offer – Apartments Medellin - 30% off listed prices between Dec 14h & Dec 19th (2008)
Rent Luxury Apartments in El Poblado, Medellin (2008)
Apartments or Rooms for rent in Poblado - Medellin (2008)
What are the nicest Hotels in Medellin, Poblado, which might offer "apartments"? (2007)
2-3 bedroom furnished apartments with internet in Poblado - Medellin (2007)
|
