Selling Condo in Poblado Medellin

tejasmarcos says on Jan 6, 2007, 09:22:

question(s) what is your sf? do you have photos? what did you originally pay?

trying to walk a straight line on sour mash and cheap wine...

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robi666 (Trustee board) says on Jan 6, 2007, 09:51:

Square meters? what we do in life... echoes in eternity.

"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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arfgoblue says on Jan 6, 2007, 12:22:

i am guessing tejas... he orginally paid a lot less than $110,000!!

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gringoloid (Trustee board) says on Jan 6, 2007, 12:23:

Here in the U.S..... we can access a file on a computer called 'comparable values'. In it we can find what the last apartments or homes sold for to determine the price range in a neighborhood or in a building. Forgive me if this is elementary for all you real estate experts, but is there such information in Colombia.....like for the apartment above?

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gatorgt says on Jan 6, 2007, 13:40:

Condo The Condo has 110 square meters. I will take some pictures and try and figure out how to download on this site. Thanks for the interest and email with other questions you have at my listed email. Thanks, Gregg

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gatorgt says on Jan 6, 2007, 14:26:

Condo Not sure about downloading photos but if anyone would like to see pictures I can email them to their email address. Thanks, Gregg

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scotty says on Jan 6, 2007, 23:16:

why are you selling? i thought medellin was paradise?

Get Rhythm, when you got the blues. Johnny Cash

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robi666 (Trustee board) says on Jan 7, 2007, 02:31:

So 110sqm. for 110,000 USD... that's 2,235,000 pesos per sqm. Do you think that it is an average price for Vizcaya area, or how did you come out with this price?

what we do in life... echoes in eternity.

"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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gatorgt says on Jan 7, 2007, 09:50:

Why? Love Medellin but am getting married here on the 20th and we are planning on moving to Florida into a house that Im redoing there so we wont need a place anymore in Medellin as we will stay with my inlaws whenever we visit in the future. As far as the other persons question, I arrived at the price based on what I paid for the place and all that I have done to it and have in it. Additionally , I spoke to two different realtors here in Medellin. Have a nice Sunday.

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southern151 says on Jan 7, 2007, 13:55:

Would you be interested in renting it for a week. I am coming to Medillin 25 of Jan through Feb 1. I will be alone and am looking for a condo/apartment rather than hotels.

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gatorgt says on Jan 7, 2007, 14:06:

renting condo Sorry but my wife will be in the condo until we sell it so I would not be able to offer it for rent.

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spigrimace says on Jan 8, 2007, 06:32:

Advice for anyone buying real estate in Colombia I´m not saying Gatorgt is asking high, maybe he´s high, low or just right....

but if you are serious about a buying property down here..you love it, it´s perfect, have to have it, you´re paying 100% cash and get the wire sent this week! calm down first and pay a real estate office that has an avaluador (appraiser) the $350.000 more or less and get a full apraisal (usually like a 30 page report!) so you know exactly the size, past sales in the area or even the gated community if it´s one of those, property taxes paid, pictures, concerns or obvious flaws in the structure, and above all an expert´s suggested value that will help you know if the price is too high and that you may be getting taken to the cleaners. Once you have the report, don´t show it to the owner but if you´re paying 100% cash, take 30% off the apprasial price and offer that in cash to start. They just might take it. Worst case, show him the report and you should be able to get 5 to 10% off the apprasial price for cash. Because you´ll see when you want to sell, you´ll eventually get offers, but in the likes of 20% cash and the rest in goats, bananas, refrigerators, coffee, 3 legged horses, a 1994 suzuki 80cc moto with a bad carb, and 2 1999 computers running windows 98-pirated. Cash is much more attractive.

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robi666 (Trustee board) says on Jan 8, 2007, 09:24:

Good post Spimigrace.
Even Good post Spimigrace.
Even better, go and see 20 properties before buying yours. Put anything on an excel sheet, sqm., price, administration, taxes (impuesto predial), location, money to renew, age of building, anything.
You'll be able to record price per sqm. for a certain area, certain size (bigger apartments cost less per sqm.), how prices change with age, etc.
After seeing 20 - 30 apartments, then you'll be confident and when you like something, you'll just go for it, fast. Good apartments proposed at good price go away fast. I've seen properties sold in three days in El Poblado.

what we do in life... echoes in eternity.

"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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utopiacowboy says on Jan 9, 2007, 22:12:

Spigrimace knows whereof he speaks. A rare thing on PBSH.

Disclaimer: any comment I make is inane and is not to be taken seriously, and is so patently ridiculous that no one should take it seriously, even as an insult.

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mvefwd says on Jan 22, 2007, 06:55:

Condo I would like to view any pictures you have.
Thanks
--E

No matter where you go... You are who you are...

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