House with Lot for Sale in the San Cristóbal Area, Medellín - La Palma Village
$133,303≈ COP 420,000,000
- 3Bedrooms
- 1Bathrooms
- 1,453 sq ftLiving area
- 10,764 sq ftLot area
- 4Parking spaces
About this home
For sale: a 1,000 m² lot with a 135 m² house in need of renovation but currently habitable, featuring 3 bedrooms, 1 bathroom, a patio, a living/dining room, and parking for 4 cars. The house also includes a basement and the potential to build 2 additional stories. The property is located in the San Cristóbal district of Medellín, in the Palma Media neighborhood. It has all utilities (gas service pending connection to the EPM network in the area), is classified as Strato 2, has up-to-date title deeds, and is free of co-ownership issues. Located just 10 minutes from San Cristóbal Park, in a quiet area with easy access to public transportation. We accept apartments of lesser value in exchange, up to a maximum of $200 million. Contact us!
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
Identification and fund structure
Prepare passport, tax identification where applicable, apostilled powers of attorney and banking documentation needed to channel and register the investment.
Title study
Review the certificate of title and encumbrances, owners, liens, limitations, proceedings, legal encumbrances, debts and planning status.
Contract and public deed
Define price, currency, payment method, deposit, conditions and timelines; then formalize the purchase before a notary.
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.
Nearby Essentials
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$133,303
