All of us at M.C.R.E. are on a mission to make finding, evaluating, and investing in Medellín, Colombia real estate + businesses easier. From finding family homes for folks relocating to the city of eternal spring, to identifying investment or rental properties that fit your budget--and local regulations--we'd love to help.
Your trusted source for property investment in Colombia’s most dynamic city.
Welcome to Medellin Colombia Real Estate (M.C.R.E.), where local insight meets global investor priorities. Whether you’re looking for a luxury condo in El Poblado, a rental-ready unit in Laureles, or a countryside finca in Santa Elena — we’re here to help you find the right opportunity at the right time.
As Medellín continues to evolve into a global destination for remote workers, retirees, and savvy investors, its real estate market offers an uncommon mix of affordability, lifestyle, and long-term upside.
Colombia’s second city is leading on all fronts:
Spring-like weather year-round (68–82°F / 20–28°C)
Mountain scenery meets urban walkability
Thriving digital nomad and expat communities
Excellent private healthcare at a fraction of U.S. costs
Expanding public transit and international flight access
Medellín’s transformation from industrial hub to innovation capital has attracted tech companies, creative professionals, and real estate investors alike.
Despite a nationwide cooling of Colombia’s housing sector, Medellín remains one of the country’s most stable urban markets.
Home prices in Medellín rose 7.07% YoY in nominal terms, but were flat when adjusted for inflation (Banco de la República, May 2024).
New home sales in Antioquia fell 34% in 2023 — reducing supply and putting a premium on existing units.
Rental yields in Medellín average 9.15%, among the highest in Latin America (Global Property Guide, Q1 2024).
Housing availability will continue to be a challenge as Medellín continues to have the strongest labor market in the country. (ColombiaOne, February 2025)
Gross rental yields: 6.5–9.75%
Average price per square meter (El Poblado): ~COP 7.5M (~USD $1,950)
Exchange rate (as of April 2025): ~COP 4,300 to USD $1.00
If you’re buying with USD, the Medellín real estate market continues to offer attractive arbitrage opportunities — especially in high-yield furnished rentals.
Premium district with top-tier condos, malls, nightlife.
Sub-zones like Provenza and San Lucas attract investors.
High demand, limited inventory.
Named one of the “World’s Coolest Neighborhoods” by Time Out.
Flat, walkable, and full of restaurants and parks.
~20–30% more affordable than El Poblado, with rising appeal among long-stay digital nomads.
Family-friendly, green, with a slower pace of life.
Close to El Poblado but more suburban.
Strong local demand and community-driven atmosphere.
Growing population, expanding metro access.
Best for entry-level investors looking for long-term appreciation.
Rural retreats within an hour of the city.
Ideal for buyers seeking land, peace, and panoramic views.
| Neighborhood | Avg. Price per m² | Profile | Rental Potential |
|---|---|---|---|
| El Poblado | COP 7.5M (~$1,950) | Luxury investors, digital nomads | Very high |
| Laureles | COP 4.5M (~$1,200) | Expats, retirees | High |
| Envigado | COP 4.2M (~$1,000) | Families, professionals | Moderate |
| Sabaneta | COP 3.5M (~$950) | Value seekers | Growing fast |
| Santa Elena | Varies widely | Rural/farmhouse buyers | Seasonal |
Foreign-facing furnished rentals: 7–12% net yields
Mid-term leases (1–6 months): High demand among digital nomads and medical tourists
High occupancy: Especially in central, walkable zones with strong amenities
Example: A 3BR unit in El Poblado purchased at ~$198,000 generates ~$2,400/month in rent with an 83% occupancy rate, yielding 7.2% net after HOA, management, and utilities.
While the Colombian peso is volatile, Medellín’s top real estate markets often price in USD terms — meaning properties tend to track global currency shifts, not local volatility.
This makes real estate in Medellín a geopolitical hedge for foreign investors looking for stability, lifestyle, and return.
Buyers who invest COP 460 million+ (~USD $93,000) can qualify for Colombia’s 3-year renewable migrant visa, with a path to permanent residency after five years.
To maintain the visa:
You must enter the country at least once every 180 days
The property must remain in your name
Inflation: Still above 7% as of mid-2024, but falling steadily
Short-term demand softening: Construction permits down 28.4% YoY (DANE)
Political shifts: President Petro’s reforms have created investor uncertainty, but most extreme measures have been moderated by Congress
Bottom line: The current environment favors value-focused, income-generating properties in core neighborhoods.
5.8M+ international visitors in 2023
Medellín is now Colombia’s #2 international destination after Bogotá
Rio Negro Airport (MDE) has seen >50% growth in international traffic since 2019
This surge in tourism supports a robust short-term and mid-term rental market, especially for U.S., Canadian, and European travelers.
Medellin Colombia Real Estate is more than a name. It’s your advantage on the ground.
Our bilingual team works across:
📍 Property discovery and shortlisting
📊 Investment analysis and rental projections
🛠️ Renovation and furnishing coordination
📃 Legal due diligence and visa documentation
🏘️ Ongoing property management and yield optimization
Whether you’re exploring your first purchase or scaling a portfolio, we offer trusted guidance, strategic support, and boots-on-the-ground execution.
➡️ Book a Free Consultation with Our Team
M.C.R.E. is a modern real estate platform built for global investors exploring Medellín and greater Antioquia. We focus on data-backed insights, curated property listings, and honest guidance — because buying real estate abroad shouldn’t feel like a gamble.
Explore smarter. Invest confidently. Welcome to Medellin Colombia Real Estate.
