House for Sale, Ready for Renovation, Jesus Nazareno Neighborhood - Medellín Chagualo
$98,391≈ COP 310,000,000
- 6Bedrooms
- 2Bathrooms
- 1,399 sq ftLiving area
- 1,399 sq ftLot area
About this home
House for renovation for sale in Jesús Nazareno – Chagualo, Medellín—an excellent investment opportunity in a strategic area of the city, close to downtown Medellín, universities, healthcare facilities, shopping, and excellent access roads. The property has a floor area of 130 m², distributed across six bedrooms and two bathrooms, offering spacious rooms with great potential for remodeling and adapting to the new owner’s needs. It is an ideal option for a family home, offices, lodging, room rentals, or investment projects. This house represents an excellent choice for those looking to purchase a property with high appreciation potential and multiple possibilities for use.
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.
Amenities
Indoor & Comfort
- Walk-in Closet
- Laundry Room
- Half Bathroom
Outdoor & Recreation
- Balcony
Lifestyle
- Pet Friendly
Nearby Essentials
Explore hospitals, schools, coworking spaces, and travel times in the neighborhood.
$98,391
