Medellin Apartment Tour | Buying Real Estate In Colombia | Part 1 (2020)
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- čas přidán 30. 07. 2024
- 🏡 Are You Planning To Buy Real Estate In Medellin?
👨💼 Contact Our Trustworthy Real Estate Agent Today!
➡️jvillegas@juancamilovillegas.com⬅️
🏡 House and apartment listing: medellin-real-estate.com/
Check Out Part 2: • Medellin House And Apa...
FYI: This video was shot before the "crisis" started.
In today's video we did something we've never done before. We went on an apartment tour with Juan Camilo! We will show you 3 different apartments in 3 different neighborhoods and different price ranges. The apartments are located in El Poblado, Envigado and Sabaneta.
We are so excited to finally being able to post this video!
We put a lot of effort and time into this "project" because we know that many of our clients are interested in buying real estate in Colombia, but they have no idea about prices, the process and more.
That's exactly why we work with Juan Camilo. He already explained in previous videos how the real estate market in Colombia works and shared insider tips that are really helpful.
Find out more about the real estate market in Colombia:
• Real Estate In Colombi...
We hope this video helps you to get a better idea of the real estate market and what you can more or less expect within your specific budget.
Please feel free to contact Juan Camilo anytime!
➡️ home@how-to-expat.com
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ABOUT THIS CHANNEL
This Channel's mission is to help and educate Expats, soon to be Expats and travelers.
In order to simplify their Expat and travel journey abroad.
We provide information, especially for Latin America.
Are you planning to visit or even relocate to Panama, Colombia or Ecuador?
No matter where in Latin America you'd like to relocate to, we'll provide you with all the needed information you need, in order to get around safely and to settle down.
#HowToExpat #ApartmentTour #RealEstateMedellin
This could be a monthly series where you look at rental apartments.
We are thinking about it :D
@@HowToExpat I'm using your videos to convince my relatives to retire here. ;) Keep up the great work!
I am way more interested in renting than buying.
I would like to see some one bedroom apartments 💯🇺🇲🇲🇽🤙
Exactly! Most men who go there (I've been a few times) are going dolo and don't need extra bedrooms.
@@CCrawford3971 💯🤘
"Apartaestudio" se le dice acá
Fantastic video I know when I retire in 29 months who I am going to hire to help me through the process. Thanks for the vids.
Nice! Could you do a part 2, a few other breakdowns of other neighborhoods. This was very thorough and now I want to know more, 😂 peace!
Oh this was a really nice overview.
Excellent and very informative as always. Cheers from New York City
Thank you for this video is exelent well deserved trumps up . Keep on doing them.
That first pen house was amazing for $200,000!!
I agree 100% .
I know right?😍
Is it still for sale?
That condo is a million plus in Toronto
Yes, contact details are home@how-to-medellin.com
This should be a regular thing. Good to know what’s available and coming on the markets
Cool video - very informative as other videos. Question, how much are the monthly building charges (alícuotas) for each apartment roughly?
Can you do a video emphasizing/expanding on the tip he gave about negotiating/exchange rate control?
This channel is amazing. Thanks guys. Are apartments in Colombia in general with duty of residence?
Great video. Loved it. Great content.
Glad to hear it!
I loved every one!!!
Great video. I know el poblado is estrato 6, what estrato are Envigado and sabaneta?
Great info and vid production. Next do studio and 1 bed rooms with balcony. Lots of single people want to move to Colombia.
great video-thanx.
Que Chimba. Very nice.
Very nice, Ive been to Medellin, Ive been to other parts of Colombia, and ive stayed in El poblado and Envigado, very nice but apartments are not for me. I more prefer areas like Guatape, or Santa Fe de Antiaqua
How much is the average condo monthly maintenance fees? How expensive are annual property taxes in Colombia? Any title transfer stamp duty/tax? Thanks, and great video on the tour!!!
I loved seeing the apts and costs. Reminded me of house hunters. Thank you...I need to save more. Amazing...I would love to see 1 bedrooms
Yeah, and from his other videos he said it's pretty necessary to pay in full because it's hard to get loans for a home in Colombia.
Johna I plan to retire in Colombia. How to Expat had a video a while back that said the Col. gov. were changing the rules for the perm. visa I think the old rule was around 145000.00 and they were to raise it to 165000.00 U.S. for the price of ones home to qualify for the visa. Best to check with Expat to get the scoop best wishes.
Dang 165 k now, ugh. Ill guess I'll come to live and save till I'm ready to purchase. Not a problem lol
@@Agustin-jo8mv yea I knew that part ....thanks
Ill be roomates with you johna I want to move to columbia to I speak Spanish to
Thank you 📡📻📽🇨🇴....
My guess is supply will outweigh demand because fewer gringos will be coming here for my guesstimate is at least a year. Medellin hasn't seen this before so it will be interesting to see how it plays out!
I would love to see a price for apartments and farm houses in coffe triangle area , please.
Wow this was exactly what I needed. I would like to work with Juan Camilo after the pandemic is over and I can travel for a few days
Glad you liked it.
Ok, what are the additional dues per month on average? I know there is a POA/HOA or maintenance fee.
Thank you for providing this great info! What are the monthly HOA fees generally like? For the first property, for instance?
Generally quite low around USD 150-200/m. Property taxes are neglectable (USD 200/y).
My wife called her father yesterday and it seemed they just extended the cuarentena until well into the summer. We like taking vacations during the off-season but it is still not clear whether US tourists will be allowed in 2020. Medellin and Cartagena are on the list of places to live perhaps 12 years from now.
Sept 1st u can go!
Ilya, vi v Medelline jivete?
Do they finance/monthly payments like we do here in the states ?
GREAT
I’m guessing these apartments don’t come furnished. Is there a monthly maintenance fees for these apartments?
In regards to investing in property to gain residency, is it really that straight forward?
excelente video. Keep in mind that foreigners generally will not get a mortgage there. Mortgages are not that common in Colombia in general.
Truly enjoyed video and will definitely use the Real Estate service. Does he work in Pereira too?
Thanks, no but we have a contact there that can help.
Thank you for all your informative & well-made videos.
With the USD so strong @3.700, why not just rent , a top-notch penthouse apt, with no worries?
If after 6 months, the place has problems (noise etc....), just do not renew lease, and find another nice apt.
That's true, I think the primary decision should be rent or buy, because of course also the purchase prices are down now. Best is to rent for a while and then start thinking about if buying is an option or not.
Is my city and is beautiful
Hey! Can you tell me good places for dinner/lunch in El Poblado? Thinking of going there to see the city and enjoy!
Very nicely-done video and presentation. The only thing I would take issue with is all these place were very pricey. On Colombian classifieds I've found great 2 bedroom apts in the same areas for well under $100k (though I understand these were 3 bedroom apts in the video).
Yes the price range can vary a lot, but keep in mind the location of the apartments. There are some very nice apartment in some sketchy areas. I would say not a lot of foreigners would find something they are happy in under 100k in Medellin. But you are right a friend (Colombian) bought a 1 bedroom apartment around 5 years ago for 30k
@@HowToExpat yeah, I think if you don't know Spanish, then using a relocating service is better. The nice-looking 2-3 bedrooms I saw in Laureles, El Poblado, and Envigado on Colombian classifieds were around $80k, minimum. Of course, they go much higher than that, too.
Good real estate agent
Do they have HOA monthly fees to maintain the common amenities? If so, any price range for a month?
Yes around 100-200 usd per month
Yo bro, buy a lav mic
Do they pay maintenance fees every month?
Very nice. Do the come with the appliances and furniture?
Sometimes yes sometimes now, can be negotiated.
@@HowToExpat ok cool thank you
Wow real estate is so inexpensive! The only thing I would like to know is are there mortgages? Or, do you need to have the costs up front?
Yes, it's all upfront for foreigners at least.
@@HowToExpat Since it's very hard for expats to get a mortgage, I assume I will have to pay the full price upfront.
How can I directly get in touch with Juan Camilo?
Sam can you do Bogota? I prefer moving there instead of Medellin. Am from the Caribbean which is always hot and humid so I wouldn't mind some cold weather and dressing warmly especially when going out at night.
Look at Rionegro, cooler by about 5 degrees and I would say if you like envigado you will like rionegro, now with the tunnel it is a suburb of Medellin
At the moment we are surely focusing on Medellin, but who knows maybe in the future ;)
@@HowToExpat Maybe this can help explain to your clients that Medellín and its metro area have a lot of micro climate options to choose from. If they like cooler temperatures there is Rionegro ; or the mountains around Medellín.
czcams.com/video/Uwvrhvc_pC4/video.html
What kind of a downturn in housing prices is expected in Medellin? Surely the economy is going to take a significant hit?
Hard to say. As many apartments are not leveraged with mortgages it could be that it's not going to take a big hit, and the Colombian pesos is creeping up (gaining value) against the dollar. So I would say it's probably a very good time to buy now.
Would like to see a one bedroom apartment?
Do you have a web site where users can browse properties with good quality pics? Is so much more efficient to pin point what you like before talking to a realtor.
Yes, our very own How To Medellin www.how-to-medellin.com/real-estate-sales
A video on renting
Thank you. I am interested in buying multiple 1 bedroom apartments near parque lleras and rent ouy with air b&b for investment purposes. Can you also show us properties that can be used for short term leaset? I pay about $80 per day to stay air b&b apartment near parque llenas. So i thought that i can buy a couple of them and rent out to earn additional income.
Thanks for your comment. Just keep in mind that short-term rentals are kinda illegal. If you rent for over 30 days it's no problem but if you offer short-term rentals you actually need a license and have to do a lot of paperwork just like the hotels.
If you're still interested to know more about apartments around Parque Lleras, please contact home@how-to-expat.com
Thanks for the reply. Then i will do more research on the short term lease in Medellin
What are the monthly fees for these properties to pay for the amenities, security, landscaping etc.?
usually $100~200 USD, even less in the cheaper areas
Correct thanks 👍
I was told there is an issue buying real estate in Medellin due to a citizenship requirement, or requirement to have a Colombian ID. Are you familiar with this issue?
Laughably overpriced, never pay anything over $1000/sqm in a city like Medellin.
Totally agree way overpriced
If i want to buy an apartment there would they charge me gringo prices?
That depends with whom you'll work with, don't just trust anyone. Our real estate agent surely won't do that.
You can contact him any time if you have more questions: home@how-to-medellin.com
Very nice apartments, but I would like to see smaller apartments for single people.
Yes, I would interested in the same... perhaps Sam will address in an upcoming video. Thanks.
@@mikelejeune344 Me too.
Where are you originally from?
Cuanto vale la administracion? How much is the home owner association fees? Thanks.
Si tienes una o más preguntas específicas te recomiendo contactar a Juan Camilo directamente: home@how-to-expat.com
How much per month will the HOA fees be?
Usually just around USD 150- 200/m more here: www.how-to-expat.com/?s=real+estate
Do the houses come furnished?
No, those are unfurnished. Sometimes there are people offering it furnished but in general, they're not.
I like the last 2.. im sorry as nice a neighborhood poblado is and how nice the apartment is i cant see the value at 200k u can get a house in the US for that price
People with a monthly income of $ 600 don't live in that neighborhood. The average monthly income of the neighborhood is $ 5000 US dollars
Lol idk anymore you cant get much house for $200k anymore here in the US 😂
This is why this is so confusing to me, it seems to defeat the purpose of moving there for the purpose of a better quality of life, with less work, and debt.
@@gabe5892
You could, just not in a major city.
@@dilee2086 well to be fair I think there are some good prices in other parts of Medellin but honestly if I was trying to buy a property in Colombia I would hope to be able to get something quite nice for around $100,000 but at the same time markets don't stay cheap forever so maybe thats not realistic.. here in the US it seems like there aren't any good deals either.. its either you buy something that needs alot of work or you're simply not going to get a good price.
Hello Sam, Do you have a contact if I'm looking to buy in Cartagena?
Unfortunately not yet
@@HowToExpat Thank you!
Hola samu soy Samuel el de sabaneta y cómo va. Coco
you give apt prices but not the monthly maintenance costs.
He said in a comment that it is 100-200 usd
Need info on apartment renting
A ton of info can be found here www.how-to-expat.com/?s=apartment
What about single family homes?
Not really in Medellin...
It is an an appartment tour you should say but CONDO tour. Appartment are not for sell but for rent
That is a cultural thing. Depending on the country you're from it's called a condo or an apartment. But thanks for your input.
laureles?
Soon 😉
Are there houses instead of apartments?
Yes but not too many and most of them are not standalone but connected to other houses.
@@HowToExpat thank you!
😷👍🏻
Reconsider carefully buying any residential property in Colombia. You most probably will end up paying much more tax than your home country.
Can you emphasize on that, please ?
I like the content but it's to dragged out . short the hole thing up as there's tomuch stuff that should not be there
No resale
Qué rico plata para comprar uno 😂
Ayyy mi amor....para ti, un castillo ❤
💸💸💸
Muy cierto. 🥰
THE STUPIDEST THING YOU COULD DO WITH REAL ESTATE IS BUY AN APARTMENT (if you are not going to rent it out) BUY A HOUSE, A YARD AND A VERY, VERY HIGH WALL, I'D PUT SPIKEIES ON DA WAll!
Very expensive.
That's a very expensive area
good price number please tony javed
Poblado is too hilly to walk around, its not very 'Colombian', its a dangerous area at night (especially around Parque Lleras), and the only expats it really suits are Americans from say Miami or New York who are used to the high rise life, no walking about, ubers everywhere, food delivery, artificial lifestyle and cut off from the real world. Worst part of Medellin in my view !
🏡 Are You Planning To Buy Real Estate In Medellin?
👨💼 Contact Our Trustworthy Real Estate Agent Today!
➡️home@how-to-expat.com⬅️
🏡 House and apartment listing: medellin-real-estate.com/
Check Out Part 2: czcams.com/video/21iUhJBEm4o/video.html
Yes I am . But I am looking for 2 bed room more focused and space in the master bedroom and of course 2 bath. Does you friend have a web site where you can vire multiple units? Also, I know Gave the price to purchase but are these also for rent or only for sale? I am more Interested in renting ... Any advice
Emoji not working!
Looking for a penthouse in Medellin ready to move now to Colombia from USA
Did you do a video about renting an apartment? I couldn't find it in a search. thanks
This is for wealthy expats
Medellín and its metro area have all kind of neighborhoods; you just have to take the time to explore the one that suits you
Gringo Pricing!
Lol those areas are expensive
People with a monthly income of $ 600 don't live in that neighborhood. The average monthly income of the neighborhood is $ 5000 US dollars
Also drop the silly music.
That's annoying as,f,
don't say 'cheap', rather 'affordable
Noted