House for Sale in the Prado Centro Neighborhood, Medellín—Investment Opportunity
$276,128≈ COP 870,000,000
- 4Bedrooms
- 4Bathrooms
- 3,950 sq ftLiving area
- 3,950 sq ftLot area
- 1Parking spaces
About this home
House for sale in the Prado Centro neighborhood, just 2 blocks from the new National School of Public Health at the University of Argentina (UdeA). The house has 3 levels totaling 367 m², distributed as follows: The first floor features a covered garage that can also be converted into a studio apartment. The second floor features a reception room, living room, main dining room, hallway, main patio with a fountain, guest bathroom, secondary dining room, open kitchen, laundry area, and a maid’s room with an attached bathroom. The third floor features four bedrooms, two bathrooms, a lounge, a balcony, and a bathtub in one of the bathrooms. The property currently holds a Grade 2 cultural and architectural heritage designation, which means the facade cannot be altered and the property cannot be demolished; however, the buyer is free to make any interior modifications they wish. Ideal for investors looking to invest in hostels or co-living spaces.
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
- Half Bathroom
Outdoor & Recreation
- Balcony
Nearby Essentials
Explore hospitals, schools, coworking spaces, and travel times in the neighborhood.
$276,128
