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Colombia Forum

1 year ago

Real estate crash?

1 year ago
Just got back from a long month trip to Bogota. I went there to check out real estate and get an assessment of dental work. Been contemplating a move to Bogota for the longest time and have lived and traveled throughout Colombia most of my life. Got an extensive look at real estate in Chia and focused on the communities of Fontanar and Santa Anna. These are upper scale planned communities with lots of amenities but definitely not for us. Primarily, because they are family oriented and we're looking for a more cosmopolitan lifestyle. Our focus is back on luxury apartments but will stick to finding a rental for at least a year, given the new government's posture and possibility of a recession that may drive real estate prices lower. Headed back down in few months for follow up dental and more real estate browsing. What do you folks think about the future of real estate in Colombia?

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