Real Estate in Colombia
Last updated on Oct 13, 2023
Summary: An expat should search for a home to buy in Colombia by researching the different neighborhoods and cities in the country. It is important to consider the safety of the area, the cost of living, and the availability of amenities. Expats should also consider the local culture and language when selecting a home. Homes in Colombia typically include basic amenities such as running water, electricity, and internet access. Many homes also have air conditioning, a kitchen, and a balcony or terrace. Foreigners are allowed to own property in Colombia, but there are certain restrictions. For example, foreigners are not allowed to own land within 50 kilometers of the coast or 100 kilometers of the border. Additionally, foreigners must obtain a visa before they can purchase property in Colombia.
How do I find a place to live in Colombia?
We asked expats how they chose their neighborhood and found a place to live. They answered:
"If you are considering moving to Colombia, there are many options available to you. A great place to start your search is by consulting local real estate agencies and newspapers. You can also take advantage of the wide range of online platforms that allow users to search for potential homes and apartments in different neighborhoods. It is also important to look into the prevailing rental prices in the area to get an idea of your budget. Once you have narrowed your search, it is recommended to investigate the local safety records and amenities available in the area. Doing research into the local culture could also prove helpful in deciding the most suitable neighborhood for you," remarked one foreigner who made the move to Colombia.
"Several American friends live in the Cartago-Cerrito-Alcala-Quindio areas. Just outside Cartago is a paradise. The Cerritos or Quindio areas i think is one of the best places in the world to have a good life. A little bit expensive but you can have great choices from $100k to $300k. Several acres, swimming pool, everything you did not have in the USA. or if you want you can buy a house in El Prado neighborhood for $70k. Fantastic," explained one person living in Cartago, Colombia.
"Traveling through Colombia i stumbled upon a town called Guatape 1 hour from Medellin," said one expat in Guatape.
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What is a typical expat home or apartment like in Colombia?
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About the Author
Betsy Burlingame is the Founder and President of Expat Exchange and is one of the Founders of Digital Nomad Exchange. She launched Expat Exchange in 1997 as her Master's thesis project at NYU. Prior to Expat Exchange, Betsy worked at AT&T in International and Mass Market Marketing. She graduated from Ohio Wesleyan University with a BA in International Business and German.
Some of Betsy's articles include 12 Best Places to Live in Portugal, 7 Best Places to Live in Panama and 12 Things to Know Before Moving to the Dominican Republic. Betsy loves to travel and spend time with her family. Connect with Betsy on LinkedIn.
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