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Cheap
Cheap Investment Real Estate For Sale in Colombia
Investment real estate refers to property purchased with the primary goal of generating income for profit, rather than being used as a personal residence.
The investor, or owner, rents out the property to tenants directly or through a management company for short or long-term periods, and
buying a cheap property
means less financial outlay at time of purchase.
In return the investor earns regular rental payments, which can be from
residential rentals
, such as houses, condos or apartments, or from commercial rentals which can be offices or retail spaces.
Colombia has some positive aspects to buying or
investing in luxury real estate
, although as with many countries the due diligence required before investing is significant.
On a plus side Colombia has an expansive history that contains many cultural and historical factors that could play into the investment consideration.
Popular areas of Colombia with International Buyers - investment or personal use, listed by owner, for sale by real estate agent and for rent:
Cartagena Properties
Bello Properties
Bogota Properties
Bucaramanga Properties
Cali Properties
Medellin Properties
Neiva Properties
Pereira Properties
Villavicencio Properties
Popayan Properties
Medellin Properties
Property in Santa Cruz de Mompox Properties
Santa Marta Properties
Property in Colombia can increases in value over time
As the property increases in value over time, often used in growing markets (albeit there can be periods of decline) but overall property values do increase, and can then be sold at a profit.
Investors may be able to deduct expenses such as mortgage interest, property taxes, insurance, and depreciation adding to the value of ownership.
Investors can choose from a wide range of different types of cheap investment real estate for sale in Colombia, such as properties that are residential homes,
condos
, duplexes, or
apartments
, to
commercial
offices, retail stores, or industrial buildings leased to businesses.
Also there are mixed-use properties combining residential and commercial elements as an option,
plus land
, with or without planning permission, that can be developed on or sold again for future real estate development, but buying at a cheaper price than listed is an aim of all investors.
How to buy, sell or rent properties in Colombia:
How to buy a property
How to sell a property
How to rent a property
Real Estate Agents and Property Developers in Colombia
Real Estate Companies
Development Companies
Useful Links and Information
Colombia Government Website
International Property Directory (IPD) Online Since 2003