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Commercial Space for Rent in Castropol, Poblado, Medellín—Palmagrande Mall

Carrera 38, Medellín, Antioquia, Colombia

$2,926/ month≈ COP 9,200,000

For Rent
  • 1Bedrooms
  • 1Bathrooms
  • 1,399 sq ftLiving area
  • 1,399 sq ftLot area

About this home

130 m² commercial space for rent in the Castropol neighborhood of Poblado, located in the Palmagrande Mall, featuring a double-height layout and an outdoor area—ideal for a restaurant or food-related business. Located in the food court on the first floor, diagonally across from well-known brands, this space enjoys excellent visibility and high foot traffic, thanks to its proximity to large residential complexes and a diverse range of retail options in health, beauty, fashion, and dining. It boasts a strategic location on Las Palmas Avenue, an area exempt from peak-hour traffic restrictions, with easy access and great commercial potential. Rent: $9,200,000 + VAT + $2,900,000 in management fees

Buying in Colombia as a foreigner

Yes, foreigners can buy property in Colombia.

When the buyer is a non-resident, funds used for the purchase must be channeled through authorized foreign-exchange intermediaries so the transaction can be registered as foreign investment.

Near coasts and borders
Colombia does not apply a general coastal restricted zone equivalent to Mexico's. To preserve a common schema, this field groups situations requiring special review, such as rural land, public lands, restitution history, environmental limitations, ethnic protections or land-use restrictions.
Residency
Investment of ~350 minimum monthly wages (approx $100k-$130k USD) qualifies for a Migrant (M) Visa.
Taxes and closing costs
They depend on the state, the municipality and the property itself, so there is no single national figure. Ask the agent or our Concierge for an estimate on this home.
Financing
Financing for foreign buyers depends on the lender, residency, income, local or international credit history, down payment and property type.

How buying works

  1. Identification and fund structure

    Prepare passport, tax identification where applicable, apostilled powers of attorney and banking documentation needed to channel and register the investment.

  2. Title study

    Review the certificate of title and encumbrances, owners, liens, limitations, proceedings, legal encumbrances, debts and planning status.

  3. Contract and public deed

    Define price, currency, payment method, deposit, conditions and timelines; then formalize the purchase before a notary.

  4. Taxes, registration and foreign investment

    Pay applicable taxes and fees, register the deed and retain foreign-exchange and foreign-investment documentation.

This information is general and educational. Foreign-exchange, tax, notarial, registry, rural-land and immigration requirements may change. They should be verified with a notary, attorney, accountant, bank or authorized professional before a transaction. Research last reviewed July 2026.

Amenities

Security

  • CCTV

Building Services

  • Visitor Parking

Nearby Essentials

Explore hospitals, schools, coworking spaces, and travel times in the neighborhood.

$2,926/ month

Concierge