Colombia offers one of the most accessible real estate markets for foreign investors in Latin America. With no restrictions on foreign ownership, low property prices, and high rental yields, it’s an attractive option for international buyers.
Prices are 70-80% lower than comparable US cities. Rental yields of 6-10% annually (vs 3-5% in US). Property appreciation of 5-10% per year. No restrictions on foreign ownership. Investor visa available from $161,000 USD.
Medellin: Most popular for foreign investors. High demand for short-term rentals. Average ROI 7-10%.
Bogota: Largest market. Stable appreciation. ROI 5-7%.
Cartagena: Best for vacation rentals. ROI 8-12% in high season. Luxury market growing rapidly.
Get NIT from DIAN, find property and make offer, sign promesa de compraventa (10-30% deposit), conduct due diligence (title search by lawyer), sign escritura publica at notary (2-3.5% closing costs), register with ORIP, and register foreign investment with Banco de la Republica.
Real Estate Colombia for Foreign Investors: 2026 Guide to Buying Property
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