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Foreigners exploring real-estate opportunities in metro Medellin can be overwhelmed by unfamiliarity with Colombian business customs, legal requirements, sales-price “reasonableness,” a still-maturing multiple-listing service (MLS) network and uncertainties about the reliability of contractors, agents and sellers.


The just-issued annual report by the metro-Medellin-based Alliance for Responsible Mining (ARM) finds that Antioquia and other parts of Latin America are starting to make progress in their quest to overcome enormous problems confronting the gold-mining industry.


A new study by the Chamber of Commerce of Medellin for Antioquia (CCMA) shows that the biggest 1,030 companies in Antioquia account for 80% of the department’s exports, worth more than US$4 billion annually.


Relatively safe investment options for real estate in Medellin include not only existing houses, apartments and commercial real estate, but also well-defined lots inside fully permitted “parcelacion” gated communities.


Foreigners exploring metro Medellin to buy a residence, a commercial property or a rental will find that the safest, lowest-risk approach is to acquire an existing apartment, an existing house, an existing building or a well-defined lot inside a fully permitted “parcelacion.”


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About Medellin Herald

Medellin Herald is a locally produced, English-language news and advisory service uniquely focused upon a more-mature audience of visitors, investors, conference and trade-show attendees, property buyers, expats, retirees, volunteers and nature lovers.

U.S. native Roberto Peckham, who founded Medellin Herald in 2015, has been residing in metro Medellin since 2005 and has traveled regularly and extensively throughout Colombia since 1981.

Medellin Herald welcomes your editorial contributions, comments and story-idea suggestions. Send us a message using the "contact" section.

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