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Realty in Medellin and Santa Marta Colombia
At Paradise Realty we specialize
in international real estate services, we are a name you can count on! The New York Times just featured us in their International House Hunters article on August 25, 2010. This meant a lot to the local community and of course our agency. Medellin, Colombia is a beautiful place to buy a home or invest. Property values are still under priced compared to other parts of the world. The article is proof that Medellin has arrived and is now receiving world wide recognition as a favorable place to live and buy a home. Paradise Realty was honored to have the chance to work with the New York Times on this article. The article went into detail over the local real estate market and featured one of our penthouse sales and vacation rental properties listings. Click here to see our listings of buildings and apartments for sale in Medellin and surrounding areas. We now have major commercial buildings for sale in Medellin with high rental renturns..
We offer nothing but the
highest caliber in customer service to our clients. Our contacts
in the local community make it easy to provide turn key real
estate solutions. Our transition team will make your move to
or investments in Medellin Colombia a smooth process. From banking,
immigration, to legal representation we have the contacts necessary
to make sure your real estate transactions are handled with the
utmost care, and confidence. Paradise Reatly is a licensed real
estate company located in Medellin Colombia. To buy real estate
click here: buy
medellin property & real estate, or buy
santa marta real estate. To sell real
estate in Colombia click sell
medellin real estate, or sell
santa marta real estate. Of
course if you are looking to rent
medellin apartments please see our vacation rentals below.
Marta Rodadero Apartments are a really great place to go with
your friends or take your girlfriend / boyfriend. We are now
acecpting luxury rentals and apartments
in Santa Marta. In the
next week you will be able to make reservations on over 40 apartments
in Santa Marta Rodedero. Its a great beach community, its small,
and there's alot of a great beaches and cabins in the mountains
that make great ocean get aways! We have new apartments with
central AC, and great places with awesome beach views.
New York Times Featured Paradise Realty
in their Colombia House Hunting Story on 8/25/2010
Medellin Real Estate
Colombian real estate law is different in some ways from what you may be used to, however Colombia has strong laws to protect property ownership by foreigners who purchase property here. All that is needed to register your deed legally is a valid passport! Of course there are a few legal steps you should go through, such as using a lawyer to verify the title and sales contract are in good standing. Colombia encourages foreign investment, and has increased security in recent years which has helped Colombia to attract many foreign investors in the past 5-6 years. The Hollywood images of Colombia are not an accurate depiction of real Colombia every day life. Colombians love foreigners, and Medellin is probably the closest thing to heaven on earth. The people are famous for being the friendliest on the planet. Thats what makes selling homes here so easy! Colombia is at the beginning stages of the foreign investment boom in real estate, which Costa Rica and Panama have just experienced. Compared to the rest of South America the property is currently highly undervalued in Colombia.
Medellin Eeal Estate sector: remains healthy, with only a slight reduction in sales over last year. Government subsidies for the lower and middle class have supported the real estate market while major markets in the world are suffering. Medellin real estate sales are increasing this year after having a slow year in 2009. in 2010 we are looking for an average across the board increase of 10% in property appraisal values. Commercial rental occupancy rates remain steady through out the city. You can read more in our Medellin real estate market report by clicking here.
Be sure to check out the story in the New York Times regarding house hunting in Colombia. The story focused on one of our properties. The article covers market prices, along with typical closing costs and procedures in Medellin, Colombia in detail.
Medellin Real Estate Investments
Medellin Real Estate Investments:Most foreigners are finding high value in properties at least 4 years old. New properties are selling at up to 3.6 million pesos per meter. Older offerings are between 2 million to 2.6 million pesos per meter. Older apartments are more resistent to swings in markets when the prices correct because their prices are already much lower. When an economic swing occurs the newest places get the hardest hit because prices are highly speculative. Colombia has seen
Colombian Economy: The economy shows signs growth will continue for another 3-5 years. Their no signs of this emerging economy slowing growth, New trade deals with major econoimies, national security and politics are maintaining a very stable environment allowing for growth in the emerging markets as other countries have been suffering. Colombia has been growing and is supported by new trade agreements with the United States which just went into law on the 15th of May, 2012. Colombia also has trade agreements with Canada and European markets. While real estate is an indicator of financial stability of a country we must point out that the stable increase and growth of exports from Colombia, and imports to Colombia show no signs of weakening. Colombians are buying more than ever in history, and credit is tight here with best rates around 10% for home loans.
Construction Projects are On the Move: In a time of global recession one often hears of McDonalds, and stores like Walmart making big gains as people cut back on spending. That's goes equally in real estate as the big demand has moved into the middle to lower income neighbourhoods. These are the overlooked areas where one can expect to make big gains with conservative investments!
Medellin has a huge demand for affordable furnished apartment rentals in neighbourhoods zoned as estrata 4, and 5. We are seeing new buildings going up in these areas now, and we expect more foreigners to be living in areas near UPB university to study spanish, and enjoy the lifestyle and nightlife surrounding the newly renovated calle 70, of Laureles. In and around the Laureles areas it is safe to live for a foreigner.
Paradise Realty offers modern real
estate management services for properties (administracion de inmuebles en Medellin) owners in Medellin Colombia. Currently Paradise Realty offers short term, and long term property management solutions. Our list of happy owners and partner agencies in the furnished apartment business has surpassed 100 properties this year! With the addition of the Paradise Studios building we will be engrafting our online building administration services which will enable all owners to check the status of bills, occupancy rates, and property maintenance.
As we rent apartments we are in charge of all repairs and maintenance while our clients are in the apartments, and in other cases we manage empty properties
while owners must be traveling around the world. Modern communications allows us to stay in touch with owners across
the world. From keeping utilities and bills paid while your away
to repairing your property Paradise Realty in Medellin keeps your
property in shape while your away. Many of our international clients
offset expenses by renting furnished properties while they are traveling,
or working outside of Medellin Colombia. Contact
Paradise Realty for high quality property
management services in Medellin and Santa Marta. Realtor management
services you can depend on 24 hours a day, 7 days a week, all Colombian
holidays included. Free consultations for property
Furnished apartments in Medellin make you feel at home away from home. Medellin apartment rentals
give you security, comfort and privacy at a fraction of what
a hotel would cost you. All apartments include high speed internet,
security, and you don’t get hit with high hotel taxes and fees
for friends that spend the night! We are a registered Medellin
Colombia Realtor (inmobiliaria en Medellin Colombia).
Fincas en Antioquia: We have fincas near Medellin (country
houses and cabins (fincas Antioquia), a favorite Colombian past time for short and long vacations with Colombian families and friends. Highly recommended for
relaxing, and romantic weekend getaway vacations. All Colombians
love having the opportunity to get away to Colombian Farms, or fincas.
Many fincas are simply beautiful houses in the tropical country
side with fruit trees, a swiming pool, and a big tikki hut for cooking
huge bbq's. Medllin tourism is on the rise, check out the info below on tours, or click here: Turismo en Medellin
We also offer several economic
El Poblado hotel room rentals in small local hotels as well. Small
boutique hotels, and hostels offer a personalized touch
that you wont get in a big commercial franchise chain hotel. Medellin
bed & breakfast hotels offer a family friendly hospitable
environment, with a personalized touch. Hang
out in the Medellin Tiger Paw Hostel for a few days in a
nice neighborhood and get to know some other travelers from your
home country. Its always nice to have someone to hang out with
while your on vacation, since most the locals do work pretty hard. [Medellin
Life in Medellin:
The Next Chapter of Your Life Waits:
Reinvent your life, start a new business, learn a new language, learn a new culture, retire in Colombia, find a compassionate girlfriend, or boyfriend. What are you waiting for? Ask us about relocation services, cost of living in Medellin, Colombia, and Colombia residency. Don't miss this exciting time as Medellin is being reborn. Medellin is full of many opportunities, a few challenges, and well worth it the time.
Learn about the Medellin culture; the people
of Medellin, local music, art, history, dating, and life in Medellin.
As a person that has lived in many large cities in the United States,
I can honestly tell you that Medellin is safer than most large
cities in the United States. Medellin is a model city, and a modern
miracle. Medellin is a city that has recently been studied and
documented as a transformation miracle. Medellin is at peace with
itself, and the people are among the friendliest in the world. [Medellin
Medellin climate is steady all year round. Click here to see the current Medellin
weather and temperature on Goggle. You will find the temp average for all
months of the year is constant. The Average temp stays in the mid 70s year round.
The Medellin rainy season comes around 2 times a year, but generally speaking
this just means that its probably going to rain a bit more than the drier season.
The rain fall is not as heavy and does not last as long as Panama and Costa Rica
Passports and Visa Services: Wether you need a Visa for yourself or a loved one we recommend the services Visas y Tramites Internacionales. Pick from any number of types of residency visas for the United States, Colombia, or Spain. The most popular visas with our clients from the USA right now are the K1 Fiance Visa and Spouse Visa (K3 / CR1 / IR1):
a variety different types of tours, from Medellin shopping tours, village bus
tours, to industrial and city business tours. We have a wide variety
of tour packages to keep you busy and use your time efficiently
on your next trip.
to Medellin Colombia you can experience non forgettable vacations
with Colombia Tours, Cultural Events, and of Course the many festivals
and events in Medellin Colombia.
Getting Married in Medellin? Perhaps your taking your fiance to the United States, Europe, or Austrailia. Either way be sure to read up on the rules and legal issues with the experts at ColombiaVisas.com. You will find all the answers you need to prepare for marraige in Colombia or take your loved one over seas. click here
Medellin: We offer booking assistance for Medellin
tours, Translators, Personal Drivers, Pueblo Tours, Ecotourism,
local events and activities.
Santa Marta: In our new Santa Marta office we
are expanding tourism and real estate operations to offer a more
complete package tour of Colombia to our customers and friends.
Discover the Colombian Indeginous (Colombian Indian) culture.
We have completely
furnished short term temporary vacation
apartments for rent in
upscale Medellin neighborhoods. We offer full scale property management services. We are the local experts when it comes to conducting real estate transactions. Weather its selling or buying real estate in Medellin, Paradise Realty takes the headache out of the process. Ask for our free real estate guide if your going to be purchasing property in Medellin Colombia.