REAL ESTATE - MEDELLIN-COST OF APARTMENTS

Medellin, as in other major cities in Colombia, is undergoing a housing boom. New apartment projects are going up everywhere and re-sales are enjoying a brisk demand as well. Using the newspaper as a data source, two consecutive Sunday issues were used to arrive at the following information. In determining a more reliable per square meter average, the figures for the two most expensive and two least expensive properties in each Zone, were not used. HOUSES-Because of the various size building lots associated with free standing houses, it is difficult to arrive at an average price per square meter that is a good guide to current asking prices. However, as you would expect, prices were in correlation to the geographical Zones, 1,2,3 or 4. As an example, in Zone 2, the avg. cost of houses was about 25% greater, per sq. meter, than the average asking price of apartments located in the same Zone.

January 18, 2008 | Filed Under Uncategorized

 

Comments

3 Responses to “REAL ESTATE - MEDELLIN-COST OF APARTMENTS”

  1. Ogbazghi (Obi) Sium on April 12th, 2008 4:00 pm

    I am interested in buying a 3/2 apartment in meddellin , social class of 6 or 5 with a asking price of upto $100,000. Please send me a list and pictures.

    I may opt alsofor a single home in those same social classes.

    Thank you.

    Obi Sium

  2. Arturo Rivera Lamboy on September 14th, 2008 10:06 pm

    Tengo interes en la compra de un apartamento de 3

    habitaciones/2servicios sanitarios/.Favor envia

    modelos y precios por debajo de 75,000.dolares.

  3. OLGA HERNANDEZ on December 8th, 2008 5:34 am

    LOOK AT EL PENOL OR RIONEGRO IT IS OUTSIDE THE CITY BUT VERY NICE COUNTRY LIVING.

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