Table of Contents

Click to jump to section

1. Introduction to the Medellin Real Estate industry and opportunity
2. Who we are, what we do?
3. The Medellin Real Estate Guide
   1. Step 1: What are your goals?
   2. Step 2: The importance of location
   3. Step 3: Newer vs. Older Construction
   4. Step 4: Money and Banking 
   5. Step 5: The negotiation
   6. Step 6: Purchase Agreement
   7. Step 7: Closing
4. Updates for 2023
   1. Medellin Real Estate Post-COVID
   2. Remote Work Impacts
   3. Colombian Politics and Presidency 2022-2026
   4. Tax Update 2023
5. Special Topics
   1. Buying in Pre-Construction Projects
   2. Questions to ask developers
   3. Currency considerations
   4. Medellin real estate bubble talk

Introduction

It’s with pleasure that I take the opportunity to update our 7-step Medellin real estate guide for 2023. In this edition I have made a number of important edits and updates including:

• After effects of COVID
• Remote work trends in Medellin
• The new Colombian President (2022-2026)
• 2023 Tax update

The year also marks 15 years since my first visit to Colombia. During this time I’ve seen Medellín grow up from a backpacker hangout to an emerging world-class city to live and invest in. At Casacol we now manage more than $100M USD in Medellin real estate assets. The remote work trend consistently ranking Medellin in the global “Top 10” has transformed the market to where housing and rental costs are now a major political topic. 

Not just for Millennials, retirees too have found Medellin to be a great escape for vacations and 2nd or 3rd homes. General tourism to Colombia is now well above its long-term travel boom trend. International arrivals to the MDE airport are now 42% (as of the June 2022 Update) higher than the 2019 pre-COVID peak and 2023 is up another 10-15% on top of this.

Source: Airplan

Indeed the future looks very bright for the City of Medellin, and especially the Medellin real estate market. As the world continues to globalize, Medellin’s place in world travel and remote living and international investing will continue to increase. Those of you interested in how to participate in the Medellin real estate boom will read on and I hope benefit from this guide which documents my 15 years of experience doing real estate business here.

Who Are We, What Do We Do?

My company, Casacol (like “Casa Colombia”), helps foreign, local, junior and professional investors, 2nd home buyers, and hotel investors realize their investment and real estate diversification goals in Medellín. We are highly, highly focused on expertise in the Medellin real estate market (not Bogota, not Cartagena, not Cali), where our deep experience and focus on ground-up real estate development, traditional real estate brokerage, and high-efficiency property management leads to significantly higher returns than I’ve been able to find anywhere else in Colombia.

We work with everything from studio apartments and high ROI investment properties (our listings are here) to luxury $1M homes, penthouse properties, and hotels (both condo and boutique). For example, see most recently the newly expanded Celestino Hotel and Spa, the acclaimed Marquee Hotel, and our newest Landmark hotel project. Our entire portfolio of managed properties can be found at en.casacol.co.

Plus, we don’t sell anything that we wouldn’t manage for you, which means we offer highly efficient and effective property management and solid returns on your asset long after you’ve made your purchase. A strong property management track record is important when liquidating your investment real estate at the best possible price. We can help during the entire cycle of investment in Medellin real estate from acquisition to disposition.

However the buyer must beware in the Medellin real estate market. The industry here is not regulated as it is in developed countries. Many participants are out to make a quick buck at the expense of the foreign investor. I’ve made a lot of mistakes and seen a lot that others have made too. I hope you can learn from that experience during this guide.

RELOCATING YOUR LIFE OR PARTING WITH A CHUNK OF YOUR LIFE SAVINGS TO INVEST IN AN EMERGING ECONOMY LIKE COLOMBIA IS NOT A DECISION TO BE TAKEN LIGHTLY.

That is the theme of this guide: A comprehensive 7-step guide for investors large and small, starting out, winding down, or just diversifying some assets, whatever your goals are, how to invest safely and securely in Medellín real estate during the entire purchase, management and sales process.

Step 1: So, You Want to Invest in Medellín Real Estate?

The first question you need to ask yourself is “why?”

Here are the most commonly stated reasons:

• I want an investment that produces a high monthly income
• I want a place to live/live part-time/retire in, or rent out
• I need a visa/want permanent residence

There is a big difference between making a home buying decision and an investment buying decision. In my experience, the places that make great homes to live in and show off to your friends (large apartments, fincas, etc.) are not usually the best ROI-producing investments.

Likewise, the best investment properties (generally smaller studios and one or two-bedroom short-term rental apartments and boutique hotels) are not usually where you want to live. It’s important to decide early on where on the spectrum you wish to be as a buyer and realize you can’t have it all.

We also have a lot of buyers wanting to buy real estate in Medellin because they want a visa/cedula/residency/second passport. I tell everyone in this category:

“BUY MEDELLÍN REAL ESTATE BECAUSE YOU THINK IT WOULD BE A GOOD INVESTMENT FOR YOU, BUT DON’T MAKE POTENTIALLY A BAD INVESTMENT BECAUSE ALL YOU NEED IS A VISA.”

If all you need is a Colombian visa then find a lawyer you like and find the solution for your case. Also remember that you can stay up to 180 days/year in Colombia up to 90 days at a time. And yes Colombia now offers their version of the digital nomad visa for up to 2 years albeit with a long list of rules and regulations. Real estate investment is still the most sure path to a Colombian visa/residence but you should focus on the quality of the investment vs. getting the visa itself.

Step 2:  Location, Location, Location

Heard this before? It’s true everywhere on the planet, and it’s true here in the Medellín real estate market as well. Once you’ve contemplated either living or investing here, you need to turn your head to where.

Looking for an Investment?

If what you want is a high-income producing investment, then you should be looking at a very short list of high-quality, very well-located buildings with modern amenities that ideally allow for (legal) short-term rentals, probably in Poblado and potentially Laureles, where you’ll find 90% of the demand from foreign business and leisure travelers. Most hotel properties are owned by investment groups large and small (just like ours) and also represent high yielding dividend assets.

Note: Just being inside Poblado or Laureles is not enough. These are huge neighborhoods with large parts that are not ideal for rentals/investment class real estate. You should be near very specific arterial routes, with good amenities, and close to commercial centers, restaurants, groceries, parks, or else your renters will eventually find something better! Probably 99% of visitors/tourists are walking/UBERing so don’t make the location difficult for them.

Looking for a Place to Live? The World Is Your
Oyster.

Medellin real estate can go anywhere from studio apartments to farmland, Laureles, Bello, Sabaneta, and everything in between across a population of almost 4 million people and 10s of thousands of buildings (remember, most modern Medellin real estate is high-density, multi-family, high-rise. FYI: The closest thing to an MLS/Zillow in Colombia is here at FincaRaiz. While many of the properties are duplicated, improperly listed, or bait listed to get your contact, it’s a good place to start for interest in the local market and building your knowledge and learning some general comps.

Choosing a place to live is like choosing what clothes you want to wear today, it’s entirely personal, and no one in our office will talk you out of a specific location unless you’re truly making a mistake.

Personally, I’m partial to Poblado (Golden Mile, Alejandria, Provenza, Astorga, Manila) and Laureles (Park 1, 2, Avenida Jardin, La 70) for places to live and invest. Not to mention in 2020, we launched one of the most beautiful and successful projects in Laureles, Laureles Factory Lofts.

Step 3: Decision Time. New vs. Old Construction

There are two philosophies on this topic:

1. Buy something old and “cheap,” fix it up nice, rent it out, flip it, etc.
2. Buy something new, modern, no need for modifications/improvements, furnish and collect rent.

Older Buildings

There are some beautiful, high-quality, and superbly well-located older buildings in the Medellin real estate market.

Properly renovated (or not), they could be the kind of places you want to live in with large spacious bedrooms, lots of parking, and an abundance of storage space, maid and nanny quarters.

If you’ve done renovations before, understand the language, or can do some of the work yourself, you may also be up for the challenge in Colombia. Most of these are horror stories like anywhere else in the world renovating older buildings, so be forewarned.

Also, older buildings are often amenity-poor with high administration fees, which can affect the demand as a rental/resale and, therefore, your return as an investor. Having said that, Colombians are totally allergic to high HOA/administration fees and will sometimes be willing to dump older buildings at prices below replacement costs! 

But renting older apartments in buildings with elderly/wealthy neighbors can also be a problem. Who do you think rents large 3-5 bedroom apartments? Groups of younger, single males, large noisy families. Not always consistent with being a good neighbor.

Many of these older buildings are instating minimum 6-12 month rental periods to avoid the influx of short-term and often illegal furnished rentals. However, there are some success stories as well. Over the years, our clients bought out the residents (mostly seniors) in the Ayamonte Provenza building and successfully converted it to short-term rentals. We’ve had a 90% average short-term occupancy rate in this building. Talk about teaching old dogs new tricks.

New/Modern Buildings

Newer buildings usually have a long list of amenities that your renters often want to enjoy (pool, gym, sauna/Turkish bath, jacuzzi, floor-to-ceiling views, open kitchens, modern layouts, finishings, etc.).

Combined with a lack of buildable land and an ever-strict city planning department, this is why new construction in Poblado is approaching $12,000,000+ pesos/square meter in 2022 (almost $2500 USD/sq meter or approx $230 sq/ft). And other buildings like Energy Living, where we manage the vast majority of sales and rentals, you’ll find the highest prices (and rental rates!) in Medellín at the moment at $14,000,000 COP/m2 and beyond.

However, higher prices in newer buildings come with higher rental prices as well, so the math often works out in your favor. That’s not to mention liquidity; selling in newer, professionally managed buildings is much easier. 

If the new building is designed with short-term rentals in mind like our Soul and Loma Verde projects (see all of our Medellin apartment rentals here), then you’re definitely buying into a secure and steady income-producing asset. Even during the height of the pandemic, nobody here lost money in any month during 2020.

The bottom line is that there is no right or wrong answer here. There are pros and cons to new and older construction, and Medellín real estate buyers just need to apply their personal or financial preferences to every option.

At the end of this article, I’ve included some special notes that apply to buying in pre-construction projects and go over opportunities, risks, and important questions to ask the promoters and developers as well.

Step 4:  Money and Banking: To SAS or Not to SAS

You want to set up your Colombian bank accounts as soon as possible if you’re going to make a purchase. It can 2-4 weeks to open an account, and the sellers will take your offer a lot more seriously if they know you’ve already gone through this phase.

Too many foreigners start negotiating without even having the ability to execute financially, and I’ve seen good deals fall through as a result of anxious Colombians who just move on if they don’t sign and get paid quickly.

Alianza Valores is a great Colombian banking resource (our preference) and one of the only ones who really know how to handle foreign investment in Medellin real estate. Many foreign investors know Felipe Chavez (private banker) personally, and you can contact him directly at fchavez@alianza.com.co. Local banks like Bancolombia, while they have a strong retail brand and presence, are very difficult/impossible banks to work with as a foreigner, even though they can be owned by foreigners (like Scotiabank Colpatria). Alianza has been the easiest to do business with for us during the last 10 years. 

Buying Within an SAS

At this same point in time, you may also want to make the decision of whether to place the property in your name or in the name of your company, which has a two to three-week setup time.

An “SAS” in Colombia is somewhat analogous to an American LLC with the same kinds of rights, flexibility, and legal separation of your assets.

I have personally decided to maintain almost all of my properties in the name of my company because it affords me lots of flexibility tax-wise, and I don’t particularly like my name showing up in public records. However, I’m a tax resident and run a 300-employee business, so I have a lot of flexibility with write-offs, depreciation, etc.

But if you’re a non-resident buying just a couple of properties it probably doesn’t make a lot of sense, not to mention the 35% tax rate. Maintaining a SAS in Colombia is a lot more time-consuming and much more expensive than in other countries. I’ve seen some lawyers and accountants recommend an SAS blindly to foreigners because they can charge more fees vs. an SAS being the right ownership/tax vehicle for the client. Also winding down a SAS after you’ve disposed of its assets is even more expensive and time-consuming than the start-up. 

See near the end of this article for a more comprehensive update on Colombian taxes in 2023 including some advice on when to consider a SAS for your Medellin real estate holdings.

Step 5:  The Negotiation and Offer

It’s important to know where the Medellin real estate investment process ends before you begin. This is often the most critical part of any real estate transaction, especially in Colombia.

This is also where you want your lawyer and real estate agent heavily involved; a full title study if you have any doubts about who the seller is, a purchase contract that works for you, negotiation advice, and all the paperwork at the end of the transaction.

Colombians (Paisas at least) rarely use lawyers for Medellin real estate conveyance, instead placing the administrative burden on the usually unexperienced agent to do the running around in the notary. But as a foreigner you’re probably paying a lawyer to make this error and stress free. Do your homework and pick the lawyer that you think will accomplish that for you. Beware of lawyers who don’t specialize in real estate transactions. Medellin lawyers especially are famous for not disclosing what they know how to do (well) and don’t. This is not the time for a legal novice or generalist.

Also, remember when doing transactions with locals that Colombians are, on average, pretty sophisticated buyers and sellers of property. Most Colombians don’t trust the stock market or even government or corporate bonds, so buying and selling property is much more common and emotional here than you would think.

They can also be shrewd negotiators. We once saw an 86-year-old woman refuse to negotiate in any way on her terms or price on a very expensive piece of real estate she was selling directly without any agency representation. She repeatedly told us, “the buyer can take it or leave it, I’m in no rush, I have lots of time left.” Eventually, we closed the deal, but she got her price.

The seller will let you know if the price is negotiable. Or, you may need to ask upfront. If the price is clearly inflated, then that’s another invitation to negotiate (low-ball) or just walk away. A good Medellin real estate agent who is interested in a long-term relationship with you will help you navigate this – it’s their job. If you have doubts, then ask for a professional, 3rd party appraisal (at your choosing and cost) to have an extra data point for your negotiations. Overpaying in unfortunately common for foreigners. I’ve seen many sellers who overpaid sometimes 2, 3, 4 years of future appreciation, and then expect some unreasonable XYZ% return on their investment.

Step 6:  The Purchase Agreement

A verbal negotiation on price and terms ends with a signed and notarized purchase agreement in Spanish known as the promesa de compraventa, a legally binding document.

While the Paisas are known for their foreign hospitality, you may see that stop when it comes to money matters.

It’s not uncommon for your Colombian negotiating partner to make demands or renegotiate verbal offers right up until the actual promesa is signed in the notary. Words and handshakes mean a lot less in Colombia than they might in your home country. But a signed and notarized document is where the buck stops and you have a deal.

Don’t take it personally, it’s just a part of the culture to negotiate hard and up until the 11th hour here. Feel free to make demands you deem necessary, no one will be offended, it’s just business.

We’ve seen this process take from three days to three months end to end. It all depends on the buyer and seller, strong legal/notary support, the existence of a mortgage will delay closing, etc. Every transaction is somewhat unique. Hotel (condo and boutique) investments can often be simplified due to the standardized nature of the contracts.

The most important clauses to be negotiated in a promesa de compraventa are the following:

1. What’s Included in the Price?

Parking, storage, appliances, ceiling lamps, furniture?

Generally speaking, anything that isn’t fastened to the apartment the owner may want to remove, including light bulbs, curtains, appliances, etc. We’ve seen some weird stuff, so just get it in writing (again, in writing!) if there’s something you want to keep.

2. Deposit/Down Payment or the Anticipo

This is to secure the deal and is usually 10%-20%, but if the owner has a mortgage, they may ask for more so the mortgage can be cleared.

We’ve seen up to 50%, and for the right price, it may be a good deal for the buyer to make a larger anticipo. Sometimes you can negotiate lower prices for higher down payments as well.

This can cause heartburn to some foreigners because you are technically giving the seller some money without getting anything (like a title) in return—there’s no escrow.

However, you are, in fact, protected by the penalty clause, which is a serious legal matter if not satisfied (see the next point).

3. Penalty Clause or the Cláusula Penal

This states that the buyer and seller do what they are contracting to do in the promesa on the timelines and in the amounts of money that they promise.

After signing this legal document, if you don’t proceed as a buyer, you could lose your anticipo, and if you don’t proceed as a seller, you could be sued and have your property “embargoed” with a lien for the amount of the agreed upon penalty, usually 10-20 percent.

4. Commercial and Declared Values (AKA the Valor Comercial or Valor Catastral)

In Colombia, like much of Latin America, there usually exists a gap between commercial values (what you pay) and declared values (what goes on the title). 

You absolutely need your agent or lawyer to advise you on what is right for you here, especially if you are talking about visa/residency matters, as every case is unique. Since the 2019/2020 tax reform, the government is closing this loophole of under-declaring property values. The best practice is to require the full value of the deed unless you want to assume the seller’s tax obligations when you eventually go to sell. There are some interesting flexibility options here for negotiating out the value of furniture in a furnished apartment. 

5. Settling of Any Mortgages/Liens

In Colombia, it is impossible to transfer titles (notary conveyance) unless the property is free of mortgages/liens/building administration/property taxes.

It’s good protection for the buyer, but it can delay the process by up to a month due to lack of escrow and bank processing of the mortgage, etc.

A good lawyer is on top of this every day to ensure this is done in weeks and not months.

6. Proration of Taxes/Rent/HOA Fees

This is just a math exercise. The property taxes need to be paid for the entire calendar year and then prorated to the date of title transfer or if the seller is giving you keys early, date of delivery, or entrega.

Same for monthly HOA fees, and in the case of buying a property that is currently generating rental income, that rental income should be split and prorated appropriately as well between buyer/seller.

7. The Signing of Escrituras or the Titles

The promesa will state a date, time, and location of a notary visit/signing for all parties to exchange final payment via cheque or bank transfer, hand over keys, and sign the title over from the previous owner to the new owner.

This is essentially where you finish the purchase process.

Step 7:  Final Paperwork and Deed Registration

If all has gone smoothly, then you’ve signed titles in the notary, exchanged cheques/money transfers, paid your share of notary fees/taxes (budget 1.25-1.50 percent of the purchase price plus lawyer fees for closing costs), and have keys to your new place. Closing costs shouldn’t exceed 2% of the value of the property you buy.

There are a series of steps, however, that your lawyer should now do to make sure everything flows properly in the department of Registro, which oversees land titles/registries. Again inexperienced real estate lawyers will often disappear here once their fees are paid.

This process ends with a refresh of the certificado de tradición y libertad, which can be pulled online and will show that you are the official owner and that all electronic records have been updated. Don’t forget about this part!

We’ve seen errors in registro after 20 years when someone thinks they owned property that they didn’t wind up being a nightmare. 

You’re also now free to instruct your lawyer to start the central bank registration of your invested funds if you intend to use your property purchase for visa/residency purposes.

Obtaining a Colombian ID card (the cedula) will follow as well.  But, you are essentially done. Enjoy.

2023 Update #1: Post COVID Colombia

As I pen this update in 2023, we are in the midst of yet another strong year for the Medellin real estate market unlike many other parts of the world. Inflation is running high, construction costs have spiraled up, interest rates are high, but the economy is generally quite strong. These post-COVID stimulus effects have the result of pushing prices up across the board for Medellin real estate. You can see local news commentary summarizing the post-COVID effects here (La Republica) and here (InfoBae). Colombians generally love real estate because it is such a great inflation hedge over the long term beating most if not all other asset classes long-term.

2023 Update #2: Remote Work

Ten or fifteen years ago, remote work was usually associated with hiding from your boss and guilt of not being in the office and visible to your staff or co-workers. Five to ten years ago many online entrepreneurs were starting to discover the attractiveness is remote work in Medellin. Time zones, climate, quality and cost of living all ranked high on lists of remote work commentators like Nomad List. Post-COVID, the acceptance of flexible, hybrid, remote work, working-vacations globally have led to a massive influx of foreigners to Medellin more than any other city in Colombia. However as local housing prices get pushed up, the people and politicians in Medellin like many cities in the world are starting to ask, “how much is too much?”. 

2023 Update #3: The Gustavo Petro Presidency

The last year was important for Colombia politically because we elected a new congress in March 2022, and a new president on August 7, 2022, Gustavo Petro. Colombia has become more politically divided (it seems just like everywhere else in the World) than I have seen in the past. The media coverage in both Colombia and globally about the elections was a story of “Left” vs. “Right” with lots of fear-mongering on all sides. The reality of Colombian politics is that the country has been the most stable democracy in the history of Latin America and is the closest ally of the United States in the region, whether you like that fact or not. I don’t think this will change. Colombian congress is today “center-right,” and keeping the President in check from making large reforms that could hurt the economy. 

Check out these “Amigos” here after the election results.

2023 Update #4: Taxes

While this is not an article about Colombian taxes it would be remiss without some commentary/update as there is a new tax reform/regime in place as of 2023. If you’re thinking about becoming a tax resident (= 183 of the last 365 days) in Colombia you should read this for a good summary from PWC. Colombia has global income and wealth taxes that could affect you but generally you won’t be double taxed (when using tax credits). Keep in mind that having a resident visa doesn’t mean necessarily that you are a tax resident; tax residency is strictly as I defined above.

Almost all companies in Colombia pay 35% corporate tax rates unless abated by special programs such as those that were (in the past) available for hotels (like ours!) where the rate could be as low as 9%. Dividends paid to non-residents have a 20% WHT automatically applied whether paid to local or foreign accounts it doesn’t matter.

Income in Colombia is taxed at progressive rates for residents at up to 39% and flat rates for non-residents at 35%. Assets can be depreciated for residents (including SAS) at a rate of 45 years = 2.22%/year. If your tax rates at home are >35% then you’ll use a tax credit for what you pay in Colombia to avoid double taxation. If your tax rate is <35% then income earned in Colombia will unlikely result in additional taxes paid at home.

My advice is unfortunately not to trust most accountants in Colombia and you should seek true professionals affiliated with international networks, here is a decent list. A bad accountant (most are bad) will mean you will pay more in fines than you will ever pay in accounting fees. When the totality of your income in Colombia is subject to source retention taxes (like we offer at Casacol) you have no obligation to file in Colombia.

Special Topic: Buying in Pre-Construction Projects

When buying Medellin real estate from pre-construction “developers” it is important to note that a slightly different process is involved. I put developers in quotes because everyone with a graphic designer and a friend who owns a buildable lot seems to be a developer now with a fancy presentation deck. Always be careful about who you are doing business with and do some diligence about who is really behind all the fancy logos on the “Team.” 

The pre-construction purchase process often starts with signing a no obligation hoja de negociación or a letter of intent with the builder or developer to hold your place. You may be asked to put a small amount of money down at this stage, and it can be from 1-5 percent and usually gets deposited at the Fiducia (escrow) account.

Fiduciaries in Colombia are regulated financial entities that offer an escrow-like service to builders/developers to handle all the money/contracts associated with a new development. They guarantee nothing, however. If the project aborts, they have little obligation to help you out, it’s mostly symbolic confidence. You NEED to know who you are doing business with, their experience, track record, and property management strategy. Conflicts with developers and fiduciary companies in Colombia take years to be resolved when you need to go to court. Many of these issues can be avoided by doing your homework ahead of time.

The Fiducia does offer some safety and organization to pre-construction projects however because the Fiduciary will enforce the buyers’ contracts as well to make sure they are paying on time, etc., paying the builder in installments as he meets sales goals. The Fiduciaries act as traffic cops to ensure buyers and builders do their part on time.

Instead of signing a promesa de compraventa for new construction, you will sign the encargo with the Fiduciaria, which serves a similar purpose and legal obligation as a promesa de compraventa of a titled property.

“IN GENERAL, AFTER ALL MY YEARS OF WITNESSING BOTH SUCCESSFUL AND FAILED PRE-CONSTRUCTION PROJECTS, MY CONCLUSION WOULD BE TO WATCH THE MARKETING STRATEGY OF THE DEVELOPER/PROMOTER VERY CLOSELY.”

The most successful developers either build for themselves (build to own – because they believe so much in the product or using bank financing) or market to their existing clients in a private fashion without fancy sales rooms, without “Call now” banners hanging from the sidewalk. No billboards, no Instagram, no free steak knives. Because, by definition, they have a long-term successful money-making relationship with those investors who return to invest again and again.

“One-timers” are going to have the fanciest marketing materials, renders, videos, and social media you’ve ever seen. It’s hard not to look at their Instagram ads, because they are good! Let’s be honest, real estate needs to be marketed to be sold, but the most successful developers sell out projects in days or weeks with a simple “Hey old clients, we have a new project” email to their client base, not with social media. Younger or small investors (<$50k USD) can often fall prey to the sizzle vs. the steak. Facebook and Instagram social media have become completely polluted with Medellin real estate projects in recent years that mostly never see the light of day.

In Summary: 8 Questions to Ask Before You Invest in a Pre-Construction Medellin Real Estate Project if You Have Any Doubts

1. Who’s the whole team? Lead developer, architecture, structural and civil engineering, project management, sales/promotion? Resume (hoja de vida) for each team member.
2. What stake does any/all of the team have in the final project? Or are they just going to sell out to investors? Or has the “team” padded their profits with participation just to tell you, “we are already 50% sold, don’t miss out?”
3. Is there a construction license approved? Ask to see the submitted plans in PDF, and compare them to what you are being sold, floor by floor. 
4. Does the builder/GC have any gray hair? Medellin is full of junior engineers looking for their first real project. Personally I don’t want 20-somethings making my structural design decisions.
5. If they are claiming something like “X% already sold, act fast,”—how many buyers and how many units/shares have they bought each? Have they done business with you before? Can I speak with 2 or 3 of them personally? Ask for a reference from an existing client.
6. If it’s an investment property, who’s the property manager or operator? Check their resume, references, experience, and track record. Compare their REAL, delivered, historical ROIs, and track record of meeting expectations to what is being promised/suggested by the sales promoter.
7. Financial engineering, do your ROI projections include appreciation (hope and a prayer, especially in $USD terms), or are they cash on cash returns? Big difference!
8. Liquidity, what about when I sell? Who’s going to help me exit the investment in the future? Because if the business isn’t working, never mind about price/value, because liquidity=0.

Thoughts on $USD/$COP in 2023

Today (July 2023 update), the USD stands at $4200 COP, a historically very low point for the COP during a year of high volatility. Many people ask me for my thoughts on what the COP will do in the next X months/years. I have no idea. Nobody knows. When I started investing in 2008 the COP was a strong as 1800/$1 USD. The trend in the last 15 years is simply that politicians in Colombia can’t help themselves but print money and inflate the COP to pay for short-term projects. I don’t expect that to change. It means that you need to think of price and appreciation, rents, etc., in both USD and COP terms to build a proper perspective. Medellin real estate (and real estate in general) historical absorbs inflation very well. But over the long term one should been reasonable about appreciation potential in USD terms. This is a market to extract high ROI and rents, not always appreciation. High quality assets that can be priced for rent/sale in USD vs. COP will serve the Medellin real estate investor well. This is 100% our focus as a company.

Medellin Real Estate Bubble?

Here’s another question I get asked a lot, prices are way up (in COP terms) in the last 5, 10, years, is Medellin in a real estate bubble? It seems like ever since 2008, everyone is a bubble watcher. The first question I always ask is, do you know how an investment bubble is defined?

AN INVESTMENT BUBBLE TYPICALLY GOES THROUGH STAGES OF 1) BOOM, THEN 2) EUPHORIA, THEN 3) PROFIT-TAKING, THEN 4) PANIC/SELLOFF.

Given that foreign investment in Colombia is still low as a % of the market, credit is relatively hard to get for locals, mortgages are not possible for foreigners, mortgage interest rates are high (18%+ in 2023), and mortgage down payment requirements are 30% (by law) and that Colombia already learned dearly from their 1998-1999 real estate bubble and subsequent financial crisis, I don’t see conditions for a bubble in Medellin real estate. I wouldn’t even say we are in a “boom.” I think the market here, on average, is well balanced between supply and demand. And today in 2023, the costs of construction have increased so much due to an ever decreasing COP vs USD, I don’t see how prices fall (in COP terms). Regardless, I always enjoy these debates with our new and existing clients.

Summary

Buying property in a foreign country like Colombia can be exciting and very rewarding both personally and financially, as I can attest to in my experience after 15 years of investing and doing business here, helping primarily foreigners find high-quality real estate investments in Medellin.

The key is to seek advice from people who are licensed, affiliated with local and national organizations, trained, specialized, and have a deep set of knowledge and experience in doing what you need them to do.

At Casacol, I’ve built a team and ecosystem of highly trained agents, project managers, expert property managers, legal experts, bankers, and accountants to help foreigners looking to invest in Medellín.

Medellín Living readers can read more about my company here and can contact me directly at sales@casacol.co to discuss their investment priorities at any time.

Thanks for reading, I hope this article has been useful for all.

Brad.

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There are rainy seasons in Medellín that help clean the atmosphere, and the levels of pollutants in the city fluctuate depending on the neighborhood. However, pollution is certainly one of the downsides of living in Medellín. Here’s everything you need to know about pollution in Medellín, including statistics, preventative measures, and health effects. 

Pollution in Medellín compared to other cities/towns

It’s important to note, Medellín’s pollution problem is not comparable to the likes of Cairo and New Delhi, who both feature in the top seven most polluted cities in the world. However, in Latin America, the World Health Organization 2018 Ambient Air Quality Database places Medellín 9th in the list of most polluted cities and towns. 

Lima in Peru, Santiago in Chile, Mexico’s Cubatão, Brazil, and several towns in Costa Rica all have worse pollution levels than Medellín. Likewise, the capital of Colombia, Bogotá, has a problem with pollution because it is also located in a valley.

The pollution level in Medellín varies in different parts of the metro area according to the city’s monitoring stations. The worst level of pollutants in the metro area tends to be found in El Centro, La Estrella, Itagüí, and the lower parts of the valley. Up in the hills in El Poblado, Envigado, and Sabaneta, the pollutant levels tend to be lower. 

Pollution-monitoring in Medellín

Under Colombian law, all municipalities that have a population greater than 50,000 inhabitants, or places where there is a clear problem of air pollutants, must have a monitoring surveillance system. Medellín actively monitors the pollutant levels in the city with several monitoring stations. More importantly, the city takes action when pollution levels become worse.

You can see the current pollutant levels at monitoring stations found in different parts of the Medellín metro area online here. For a monitoring system in English, AirVisual also has a great tool here. 

Medellín also has the Ciudadanos Científicos mobile app where you can see the current pollutant levels at monitoring stations in the Medellín metro area. The app is available for Google Android and Apple mobile phones.

Particulate matter pollution

Particulate matter pollution, also known as PM, is a complex mix of very small particles, water vapor, and gases. Common small particles can include lead, dust, dirt, and sand. When these components combine, air pollution forms. The EPA regulates two categories of particulate matter for health and welfare reasons, which are used in pollutant monitoring systems worldwide:

– PM 10 are coarse particles between 2.5 and 10 micrometers in diameter

– PM 2.5 are fine particles that are smaller than 2.5 micrometers in diameter

Medellín typically has more of a pollution problem with PM 2.5 and rarely a problem with PM 10. PM 2.5 comes primarily from combustion: car, bus, truck, and motorcycle engines and coal- or natural gas-fired power plants are all major PM 2.5 sources.

The biggest cause of air pollution in Medellín is from vehicles (cars, buses, trucks, taxis, and motorcycles), which reportedly cause 79 percent of PM 2.5 emissions in Medellín. From 2005 to 2015, the number of vehicles in Medellín reportedly rose by 182 percent. Meanwhile, 25 percent of PM 2.5 contaminants come from fixed sources like power plants. 

March to April is known as the smog season in Medellín, as the cooler weather means denser air sits atop rising air, which traps pollutants in the valley. September to October is the second transition between the rainy season and dry season, and is normally when there is an increase in the concentrations of particulate material.

Health effects of pollution

Pollution does not have the same effect on all people. Older adults and children, as well as people with heart or lung diseases, are the most likely to be affected by pollution exposure. Even if you are healthy, you may feel symptoms temporarily if exposed to high levels of pollutants.

Several scientific studies connect particle pollution exposure to a variety of health issues, including:

– Irritation of eyes, nose, and throat

– Coughing and shortness of breath

– Asthma attacks

– Reduced lung functionality

– Irregular heartbeat

– Heart attacks

– Premature death of people with lung or heart diseases

Human bodies struggle to block PM 2.5 pollution. These particles are small enough to bypass your respiratory system’s defenses and get into your lungs, where they can even penetrate the bloodstream.

Elkin Martínez, an epidemiologist at Universidad de Antioquia, published a study last year linking up to 3,000 deaths per year in Medellín associated with pollution. This included 1,000 people that died from chronic lung disease, 500 from lung cancer and approximately 1,500 from cardiovascular disease linked to toxic gases and ultra-fine particles that pollute the air of the city.

What is Medellín doing about pollution?

The city of Medellín actively monitors pollutant levels in the city and takes action when monitoring stations start to show a red status, which means that pollution has reached a level that is harmful to health (orange and red level). 

When pollution becomes a problem in the city, the actions that Medellín has taken in the past include banning outdoor activities at schools, canceling sporting events, restricting the use of private cars and motorcycles, warning residents to stay indoors and avoid outdoor exercise, closing the Olaya Herrera Airport in the city, and even making the metro system free for a while.

The city is also working to rid the city of older diesel buses with much higher emissions. The city has already replaced most of the metro feeder buses in the city.

If Medellín didn’t have its metro system, pollution in the city would be much worse. The Medellín Metro system now transports well over 288 million passengers per year. The clean and efficient system saves over 200,000 tons of CO2 emissions each year while also greatly reducing accidents and traffic in the city.

Medellín has also been increasing the number of stations for its Encicla system of public bicycles as the city looks to increase bicycle use in the city. Currently, there are more than 1,000 bicycles over 18 stations in Medellín – available for free with the Encicla program. 

In 2017, the Aburrá Valley Metropolitan Area partnered with the Clean Air Institute to develop a new plan to combat pollution in the city. Titled Plan Integral de Gestión de Contaminación del Aire (The Comprehensive Air Pollution Management Plan), the plan is one of the most comprehensive in Latin America, and includes key aims to establish a low-emission mobility system. Some of the goals include promoting Encicla, encouraging the metro, and discouraging the use of private vehicles.

In conjunction with the plan, Medellín enforces Pico y Placa on a daily basis. As of February 18, 2019, between 7 am to 8.30 am, and 5.30 pm until 7 pm, certain restrictions are placed on private vehicles, motorcycles, and freight vehicles depending on their license plate. Details about which vehicles are allowed on the roads during these time frames can be found here.

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Whether you want to escape the hustle and bustle of Medellín, or simply see more of Colombia, here’s your guide to Jericó, including its history, what to take, how to arrive, and things to do.

History of Jericó

Jericó’s religious significance was cemented as the birthplace and home of Madre Laura, Colombia’s first patron saint. Catholicism remains a strong part of the identity of the town, with nuns and priests helping to run schools and educate the children that live there. Currently, Jericó has 14,000 inhabitants and 16 churches.

Jericó is also known for its colorful houses and ornate balconies. In fact, the first line of the Jericó city anthem is “grato nido de amores” – which means “cherished love nest” in English. This came from a regular pastime of young lovers, flirting with each other from balcony to balcony.

What to bring

– Practical shoes
– Backpack
– Sunglasses
– Hat
– Sun cream
– Waterproof jacket or umbrella
– Warm layers
– Reusable water bottle
– Camera
– Swim suit
– Spanish words and phrases

How to arrive

Getting to Jericó is easy and buses depart from Medellín very regularly. To get there, head to Terminal del Sur and ticket booth 18. Go with the company Transportes Jericó, which shouldn’t take more than 3 hours. Be warned though, much of the road is windy and bumpy, although a new and faster route will be opening up in 2020.

Getting back is similarly stress-free. Simply head to the bus station in the main plaza on the right side of the church, and buy your ticket there. Tickets cost around $25,000 COP ($8.85) each way.

Things to Do

Take to the skies with paragliding

Jericó is undoubtedly one of the best places in Colombia to go paragliding. The proximity of San Felix to Medellín means that many travelers passing through the region opt for this instead. But, for those willing to make the extra effort, the views around Jericó are incomparable. Here, you can soar past huge, lush mountains, through the valley, and across the Piedras River. There is nothing quite like flying through the thick clouds, next to the eagles who make the beautiful region their home.

Flights can be organized through your accommodation or by contacting EcoLand, a restaurant, and business located directly next to the starting point. Prices start from around 115,000 COP ($40.78).

Hike through the countryside

There is a range of hiking options around Jericó, and more open up every day. One of the easiest and shortest options is to hike to Cristo Redentor, the large statue standing upon a peak bordering the town. From this height, you can see the entire town and the scope of nature that surrounds it.

Another option is Cerro Tuza, the biggest natural pyramid in the world. From a distance, Cerro Tuza’s shape seems too surreal to exist. However, this hike is not for the faint of heart. It takes three hours to reach its peak and is an almost entirely vertical walk.

Alternatively, walk up to Las Nubes. Though challenging in parts, the view from the peak is undeniably worth it. Opt for either a sunrise or sunset tour. It takes around 40 minutes to reach the summit, depending on your physical fitness, and the walk is fantastic every inch of the way. From the top, you can see the mountains and the river as well as the peak of Cerro Tuza.

Go horse riding

Horses are important in the town of Jericó. You get used to seeing them everywhere. It’s not uncommon to see locals cantering around the town square bareback, fuelled by copious amounts of Aguardiente. While that might not be for everyone, there are more tranquil and scenic options available.

Most hostels and accommodation can help organize horse riding trips, which start from the outskirts of the town. It is impossible not to feel like a cowboy when trotting through almost-deserted streets, only dotted by men sitting on their porches, wearing traditional hats and chewing toothpicks. 

Sample the local produce

There are several local delicacies in Jericó, some of which are unique to the region. Among these are Luisas, delicious cakes made with honey, panela and guava paste. Jericó is also said to have some of the best street food in Colombia.

Outside of food, Jericó is famous for a particular type of bag called a carriel. This was the bag of choice for arrieros, messengers who traveled from town to town by mule. This bag has since become an icon of Colombia, even appearing in the logo for Juan Valdez. The main selling point of the bag is the many pockets it contains within an extremely small space, and was also used as a pillow whilst the arrieros were on the road. This includes secret pockets, which were used to hide tokens from la otra – the mistress of the arriero.

Explore the Town

The town of Jericó is home to a wealth of museums and historical points of interest. The real star of the show here, though, is the town itself, which must be one of the most beautiful pueblos in Antioquia. Every street and corner is worthy of a photograph. Within the town, you can spot typical architecture in the colonización antioqueña and republicana styles.

This is a town that is home to creatives. There’s Calle de los Poetas – Poets Street, and the street of 80 Steps and of 100 Steps, which is lined with small tiendas where you can pick up an empanada or two. Meanwhile, the town square is the perfect place to sit down, relax with a coffee and people watch.

Planning more trips to towns near Medellín? Check out our guides to Jardín, Guatapé, Santa Fe de Antioquia, and Santa Elena. To really get the most out of your Medellín experience, hire the best personal travel VIP concierge service in the city.

About the author: Originally from Ireland, Roisin has been traveling since the age of 18. She has visited 45 countries and lived in 8, including China, Bolivia, Germany, and the U.S. You can follow her blog at http://adventuresofsheen.com/ or via Instagram.

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Enjoy a romantic dinner

Where: The Market Medellín, Calle 1A Sur # 43a-83

When: 7pm – 11pm

Located in the Medellín Marriott Hotel, The Market is a suave restaurant that serves up cuisines from around the world. If you’re looking for a touch of home when spoiling your Valentine, this is the place to be. The special menu includes an entree, main course, dessert, and drink for $190,000 COP per couple. Diners can enjoy grilled prawns with avocado and passion fruit, pork with shitake mushrooms, truffled quinoa and roasted vegetables, chocolate semifreddo, and sangria to drink. Reservations should be made in advance via this link. 

Attend an open mic performance

Where: Primed Community, Avenida 39D #73-52

When: 6pm – 10.30pm

Not an event specifically for Valentine’s Day but a brilliant thing to do if you’re looking to give back a little on the holiday. Primed Community is a social enterprise that focuses on education and community. On February 14th, the group has organized a casual open mic session, where anyone is welcome to perform or enjoy the show. There’ll also be a thrift shop at this event, so you can treat your Valentine to some new clothes while soaking up a little culture.

Get lost in space

Where: Planetario de Medellín, Carrera 52 No.71-117

When: 6.30pm – 8pm

This is one for those looking to seriously impress their special person on Valentine’s Day. Every second-last Friday of the month, the planetarium in Medellín welcomes a speaker to talk about recent events and discoveries throughout the universe. This session will feature Jorge Zuluaga, a doctor of astrophysics who will walk members of the public through space and time. The event is completely free and is guaranteed to leave you a little mind blown.

Join the anti-Valentine’s party

Where: Bangkok Fusion, Carrera 35 # 7 – 61

When: 8pm – 4am

Don’t have a Valentine this year but still looking for fun? There’s an activity for you in Medellín. The theme of this night is ‘stupid cupid’ and it encourages people to be extra creative and dress up however they feel. Upon entry, each person will be given a bracelet to show their ‘situation’. Green means single, orange is ‘I don’t know’, and red represents being in a relationship. Cover is free before 10.30 pm and those who register on the guest list even get a free shot. Entry after is $20,000 COP. 

Dine al fresco

Where: Cafe Zeppelin, Transversal 39 ##76-12

When: 7pm – 11.30pm

Over in Laureles, Cafe Zeppelin is hosting a night for couples, friends, or first-dates. The chic cafe is known for its delicious German postres, its outdoor terrace, and is popular with both Colombians and locals. Those looking to celebrate Valentine’s Day here can take advantage of the special offer – a meat and cheese board, plus a jug of Sangria for $89,000 COP. For more information, check out Cafe Zeppelin’s Facebook event.

Go on a Latin dance experience

Where: El Templo De La 70, Carrera 70 #47-23

When: (February 13th) 7pm – 2am

Although this technically starts the day before Valentine’s Day, the experience carries on into the early hours of the morning. This tour takes singletons, couples, and all types of people around the famous La 70 street, sampling different types of dance and Latin parties. For $95,000 COP attendees see a free show at El Tempio, have a one-hour salsa and bachata dance class, get free entry into bars and clubs, plus free shots of Aguardiente. Oh, and the best thing? Everyone is transported around by a Chiva bus, so you can carry on dancing while on the move. To reserve a place, send a Whatsapp message to +57 3122 979 800.

Watch stand-up comedy

Where: Centro de Desarrollo Cultural de Moravia, Calle 82A  #52 – 25, Medellín

When: 7pm – 8.30pm

If you’re eager to test your Spanish and figure out the Colombian sense of humor, head over to Centro de Desarrollo Cultural de Moravia. On Valentine’s Day, Darwin Caballero will take the stage and impress audiences with his cynicism and absurdity. Darwin began storytelling in 2004 and has since been invited to a number of international comedy festivals. Currently, he’s part of the Los Bastardos Comedy in Medellín. 

Prepare for carnival 

Where: Andrés Carne de Res, Carrera 43A #6-Sur 26

When: 8pm – 3am

Not only is Andrés Carne de Res a top place to eat in Medellín, but it’s also one of the most bizarre and memorable nights you’ll ever have. In preparation for Carnival in Rio de Janeiro, Brazil, Andrés Carne de Res has a Valentine’s night filled with drums, tambourines, and guitars. Complete with decorations, dancing, and lots of drinking, the restaurant is sure to come to life in a flurry of colors and swinging hips. Tickets cost $25,000 COP and can be purchased on the door.

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Location

Only a short distance from Estadio metro station, near to UPB (Universidad Pontifica Bolivariana – one of the main universities in the city), Laureles Factory Lofts has easy access to a number of shops, restaurants, cafes, and the vibrant nightlife of La 70. The apartments have the advantage of being within walking distance to a huge selection of activities and parties, without being overwhelmed by crowded streets and noise.

Below the apartment building, guests can enjoy restaurants and bars right on their doorstep. Smash is a healthy, avocado-based restaurant with an array of delicious meals, snacks, and smoothies. Bogotá Beer Company (BBC) is a bar serving craft Colombian beers and ale, as well as bar snacks and hot food.

First appearances

From the outside, the sleek, black building looks industrial with a modern flair. The monochrome coloring contrasts to the leafy green streets around it, while the chequered floor-to-ceiling windows give an air of futuristic sophistication. The building would certainly look at home in a bustling metropolitan city in the USA, and in Medellín, it has an extra special presence to it. It’s the kind of building you’d walk past and crane your neck to make sure you take in the full exterior.  

The rooms and interior

Inside, the furnished studio bedrooms are very spacious, complete with a queen-size bed, sofa, dining table and chairs or a coffee table, and kitchenette area. The décor is rustic-meets-chic, with warm wooden tones contrasting against bright colors and splashes of green plants. The soft lighting emphasizes all the details that have been considered when designing the room – the spacing, color coordination, and touches that set Laureles Factory Lofts apart from generic hotels or apartments.

The rooms also have the unique ability to feel both cozy and luxurious – perfect for people who want to feel like they’re on vacation but with a familiar sense of home.

The huge windows in the bedrooms allow for plenty of natural light to fill the studio during the day, boasting an impressive view of Laureles and the mountains surrounding the city. Come nightfall, the city becomes illuminated with lights and the panoramic perspective is even more spectacular.

Adventurers can plan their daily itinerary from the sofa or while sipping a cup of fresh Colombian coffee and admiring the landscape from the window, or digital nomads can set-up their remote office at the coffee/dining table. The fiber optic internet throughout the building is fast and reliable.

Elsewhere, the bathroom is equipped with a large rainfall shower, toilet, basin, and mirror. Unlike other studios in Medellín, the bathroom can easily fit two people in at one time, without being cramped. Small toiletries and towels are supplied upon arrival, and reception is always available for other requests.

Other features include a flat-screen television, coffeemaker, kitchen utensils, blackout blinds, and a double wardrobe. All the rooms are fitted with air-conditioning to ensure comfort on particularly hot days in Medellín.

Special extras

Laureles Factory Lofts has plenty to offer guests beyond the studio rooms. One of the most stylish elements of the building is the eighth-floor terrace with a pool and hot tub. Here, guests can spend the day sunbathing and relaxing, or at night, prepare for an evening on the town with cocktails.

Also worth noting is the soon-to-be-completed second-floor coworking space, where guests can make use of desks, whiteboards, meeting rooms, and other amenities that ensure traveling doesn’t halt your business.

For those who are eager to get exploring, there’s a concierge service to assist with recommendations, booking transport and tours, translations, and to generally make visitors’ time in Medellín a fantastic and memorable experience. Additionally, reception is open 24 hours a day, 7 days a week, with staff who speak both English and Spanish – meaning the building is secure and help is on-hand, no matter the time. Similarly, when it’s time to check-out, VIP private cars can take guests to the airport.

More bonus amenities like a laundry room, on-site restaurant, and bike and scooter share outside the building mean guests have everything they could possibly need during their stay.

So, why stay here?

Laureles Factory Lofts is ideal for all types of travelers. The beauty of the building is that it provides an authentic Colombian experience with accommodation that reaches international standards. Whether people need somewhere to work remotely, to enjoy a few days of being pampered, or to have easy access to Medellín’s best sights, Laureles Factory Lofts is the perfect base.  

The company behind the project

Laureles Factory Lofts is the latest project from Casacol – an investment and property company that specifically caters to foreigners traveling or looking to relocate to Medellín. Their expert staff are bilingual, have tailored recommendations on what to do in the city, and are always flexible to guests’ needs. In a mere six years, Casacol has become the largest property management service for furnished apartments in Medellín, offering honest and smart advice about where to invest.

If you’re looking to stay in El Poblado while in Medellín, check out Celestino Boutique Hotel – another of Casacol’s suave properties.

Editor’s note: This is a sponsored post.

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Your opinion and feedback are very important to us. We are looking forward to getting to know our Medellín Living readers better and to help us produce the best content for YOU.

We’d love it if you’d take 5 minutes to complete our 2019 readers survey and to share it with your contacts as well! We won’t share your answers and your personal information,  they will be strictly confidential.

By completing this survey, you will have the opportunity be entered into our very special reader survey drawing for two prizes to be drawn for at the end, which will include all survey participants that provide their first name and email.

The prizes are:

1st place: A  $250.000 COP Don Diablo gift certificate. 

2nd place: A $150.000 Moshi gift certificate.

Don Diablo and Moshi are some of the best restaurants in the city.

Make sure to provide your first name and email address at the end of the survey for the opportunity to win the Don Diablo or Moshi gift certificate.

Click here to access the Medellin Living 2019 Reader Survey.

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The facts:

1. i) Bogota:

• It is the capital city of Colombia.
• It is over 8000 feet above sea level.
• It is about a thousand square miles in size and hosts more than 8 million people.

1. ii) Medellin:

• It is home to about 4 million people.
• It is about 250 square miles in size.
• It is about 5000 feet above sea level.

You can tell from the facts above that these two cities are different in many ways. The size and population affect factors such as social diversity and service delivery while the difference in altitude affects the weathers. That said, we may not be able to accurately say which city between the two is better to live in and which one is not. We will therefore thoroughly compare the two and leave you to decide which one offers the best life according to your tastes and preferences. Let’s dive right in.

1. Security and safety.

The government has invested heavily on security personnel in a bid to make these two cities safe for both the natives and visitors. But despite the efforts, Bogota’s Ciudad Bolivar and San Cristóbal regions, as well as Medellin’s Bello and Santo Domingo, aren’t very safe, especially for visitors.

Historically speaking, Medellin has a bad history of insecurity than Bogota. But in the modern day- due to the expansion of the city- the capital registers more cases of robbery with violence than Medellin.

2. Climate

On average, Medellin is warmer than the capital. The former averages at 70+ degrees Fahrenheit throughout the year while the latter averages at below 60 degrees. As a matter of fact, it occasionally snows in Bogota.

3. Attraction sites

The fact that Bogota is bigger than Medellin means that there is more to see in the capital.  With just a free walking tour in Bogota, you get to see the old neighborhoods, rich history, many museums, parks, festivals, art galleries, and any other tourist attraction item that you can think of can be found in Bogota. The same cannot be said about Medellin.

4. Beauty and architectural marvel

Medellin was founded in the 15th century while Bogota was invented a hundred years earlier. Two things come into play here: If you love old architectural marvels, then the capital is your ideal destination. But if you love beautiful and contemporary structures, then you ought to try Medellin.

5. Diversity

Bogota largely borrows its culture from the Spaniards, Britons, and French. The city has restaurants that offer a wide range of cuisine styles from the three European nations. The city also plays host to people from diverse ethnicities, races, and social backgrounds. Medellin is also starting to cultivate its diversity, but it isn’t necessarily as established as the capital is.

6. Mobility

Being the capital, Bogota has crazier traffic than Medellin. However, the capital has the best transport infrastructure in the entire country. El Dorado Airport, for example, is in the heart of the capital, which makes it easy to access other Colombian cities as well as to travel in and out of the country.

But Medellin isn’t at all left behind in this regard. The city has a highly functioning metro system which is fast, well-managed, and highly affordable. The city has an airport as well, although it is smaller than El Dorado. However, you can easily access this airport from the US, Europe, and from most Colombian cities.

7. Cost of living

Medellin is about 30 percent cheaper than Bogota in terms of house rent, foods, and transport. As of buying properties, the capital is two or three times more expensive. However, there are some services- such as dry cleaning and car repair costs- that are cheaper in Bogota than in Medellin.

8. Education

If you are looking for the city with the best quality of education, then Bogota is your to go to city. There are more prestigious universities here. And as a matter of fact, there are more graduates in Bogota that any other city in Latin America.

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It’s no secret that Medellin is a great place to learn Spanish. With beautiful weather, reasonable cost of living, and friendly locals who are happy to help you practice (especially in exchange for practicing English), why would you learn Spanish anywhere else? Taking Spanish classes in Medellin is a no-brainer.

However, it can be intimidating to show up in Medellin knowing little to no Spanish. Daily activities such as buying groceries, ordering in a restaurant, and taking a cab can turn into monumental tasks without basic Spanish proficiency.

Luckily, there’s hope. We’ve put together a list of the best schools for Spanish classes in Medellin. Whether you just want to get beyond Hola and No hablo español or are looking to pursue a degree in Spanish, there’s a school for you in this article.

Note: where possible, we interviewed the founders and/or staff of the school to give you the most in-depth perspective possible.

Let’s get started!

BaseLang

Having offered Spanish classes online since 2016, in December 2018, BaseLang opened its first physical school in Medellín. The company differs from other language schools in that it offers weekly and monthly packages with unlimited classes which can be booked either online or in person. The school also operates on an extremely flexible basis, where students can schedule, rearrange and cancel last-minute using an online portal. This flexibility is ideal for nomadic lifestyles, as participants don’t have to be rooted in Medellín to join the programs.

CEO Connor Grooms was inspired to start BaseLang after shooting a film about his experience learning Spanish. He soon realized there was a large demand from extranjeros to become conversional in Spanish in a short timeframe. As a result, BaseLang uses a non-academic structure, instead focusing on building students’ fluency and confidence. Classes are specifically tailored to each students’ preferences and tend to center on being able to communicate before perfecting all the small linguistic details.

All classes are one-on-one and students can choose from a range of teachers with a variety of accents and specializations. The school is located in Laureles, intentionally to avoid the tourist-feel of Poblado and to provide students with a more authentic Colombian feel. Inside the school, visitors can enjoy a ping pong room, cafe (serving free artisanal coffee), garden area and plenty of breakaway rooms.

Here’s everything you need to know about BaseLang:

Location: Laureles, Carrrera 77 #39-40 (and online)

Courses offered:

All students with BaseLang have the option to take classes online or in-person at the Medellín school. The school is open Monday – Friday from 8.30 am to 5.30 pm, 8.30am to 12.30pm on Saturdays, and students can continue their unlimited hours online outside of this time. There are three available courses at BaseLang: the ‘Real World’ package, ‘Spanish in a Month’ and ‘Dele’.

• Dele
  As a widely-recognized language proficiency certificate, the BaseLang Dele course caters to people looking to prove their level of Spanish. Equally, the Dele course is great for students who prefer a more structured way of learning. Dele costs just $699 a month (a bargain in comparison to other DELE prep courses that exceed $1,000) or students can sign up for a test week for just $1.
  Cost: $699 per month (roughly $2,182,840.00 COP) or $229 per week ($715,122.00 COP)

• The Real World Program
  The Real World program is one of BaseLang’s most popular, appealing to anyone who not only wants to understand Spanish but apply it to everyday situations too. This course places emphasis on fluency and speaking without having to think, and ultimately, building confidence. Whether looking to date, work, make friends or simply get around, the Real World program is the link between knowing Spanish and interacting in Spanish. The course costs $599 per month for unlimited classes either in-person or online (and is the only program not available at weekly prices). Prospective students can get a test day for $1.
  Cost: $599 per month (roughly $1,870,560.00 COP)

• Grammarless
  Grammarless is targeted at beginners looking to quickly progress in a short space of time. For a full month, students work with a specific teacher to identify strong and weak points in their vocabulary, and practice in real-life situations. Students with Grammarless have four hours of class a day, five days a week (either at the school in a location they prefer), as well as access to unlimited online teaching. The course guarantees participants will be at a conversational level of Spanish upon completion. (Note – BaseLang now offers a two hour per day version of Grammarless which is done over two months, instead of one. For the two-hour version, email niall@baselang.com)
  
  Cost: $1,200 (roughly $3,747,365.00 COP)

Get a $200 per month discount with any Medellín BaseLang program – simply enter the referral code “medellinliving” when you sign up.

To learn more, visit BaseLang’s website.

Colombia Immersion

When Colombia Immersion’s founders opened the school in 2015, they were looking to provide an experience beyond the traditional classroom. As Avalon, Colombia Immersion’s marketing director, explained to me, the owners felt that there was a gap between the grammar students learn in the classroom and the Spanish that people speak in the real world. Colombia Immersion aims to close that gap.

How do they do it? As the school’s name implies, the focus is on an immersive experience. Classes are small, ranging from 4-6 students. This allows students and teachers to get to know each other and build a rapport that isn’t possible in a large class.

The classroom, however, is just the beginning. Where Colombia Immersion excels is in the opportunities it provides students outside the classroom. In addition to a weekly language exchange in Envigado, Colombia Immersion also organizes a field trip each week to a different location around Medellin.

These aren’t traditional tours, either. These are real encounters with locals, and they give students a chance to practice what they learn in the classroom. Furthermore, Colombia Immersion also holds weekly activities such as salsa and chocolate-making classes, giving additional opportunities for cultural immersion.

Here’s a breakdown of the details:

Location: Envigado and Laureles

Courses Offered:

• Intensive Group Classes
  • The intensive group classes consist of four levels: Beginner, Functional, Conversation 1, and Conversation 2.
  • Each class focuses on getting you to speak the language and communicate with people, covering the grammar necessary to get you there.
  • Intensive group classes are offered 20 hours per week, Monday to Friday 9am – 1pm.
  • Each level consists of 60 hours of intensive class time.
  • The cost is 550,000 COP/week or 1,980,000 COP/month

•  
• Night Classes
  • These classes follow the same curriculum as the intensive group classes, but at a more relaxed pace. They’re perfect for digital nomads or other people who work during the day but still want to study Spanish.
  • Night classes take place Tuesdays and Thursdays from 7-9 pm in Laureles.
  • The cost for night classes is 110,000 COP/week.
• Full Immersion Program
  • The Full Immersion Program gets you everything in the intensive group classes, plus a weekly educational field trip and 5 hours of language coaching (practice with a native speaker) per week.
  • The cost is 650,000 COP/week with a minimum commitment of 4 weeks, and a homestay is available for an additional 300,000 COP/week.
• Private Classes
  • If you want to study one-on-one, Colombia Immersion offers private classes. They follow the same curriculum as the group classes and are available in packages of 5, 10, or 20 hours per week.
  • The cost for private classes is 550,000 COP for 10 hours.
• Coaching
  • If you just want to practice conversation or want to supplement your classroom learning, then Colombia Immersion offers coaching.
  • Coaching is not a private class, but rather one-on-one language practice with a local.
  • The cost is 35,000 COP/hour.

No matter what course you take, the school will work to place you in the class that best fits your current Spanish level. Each week of each level is designed to stand alone, presenting new material and reviewing past topics. So it’s no problem to start in the middle of a course if you place past the first couple weeks.

To learn more, visit the school’s website.

OLSA (Official Language School of the Americas)

Next up on our list is the Official Language School of the Americas (OLSA). With over 20 years’ experience as a teacher and administrator back in the US, the school’s founder, Shane, has seen all sides of the education system. He founded OLSA to offer students a curriculum that has all the official cachet of an American university without neglecting the speaking practice and immersion that are so essential to fluency.

So what does student life look like at OLSA? As Shane explained, the goal is to engage students and teach them just as much about the culture as the language. He’s taken an American university Spanish curriculum and adapted it to be both more rigorous and more immersive. The ultimate goal is to partner with a Medellin university to offer students the credentials of a degree with the benefits of immersion.

Shane is adamant about keeping his classes engaging. The classes at OLSA use audio and interactive teaching, as well as a weekly language exchange and extensive trips around Medellin and the surrounding pueblos. Furthermore, OLSA is located in the authentic Colombian neighborhood of Estadio, away from the tourists while still being safe. The school is also connected to an authentic Mexican restaurant, ensuring that students won’t go hungry.

Finally, OLSA also offers English classes. In fact, they’re the official English school of the Colombian National Police and are working with a local military base to teach English to officers. This means that as a Spanish student you’ll have plenty of chances to interact with locals and practice conversation while hanging around the school.

Here’s the breakdown of what OLSA offers Spanish students:

Location: Estadio

Courses Offered:

• • Accredited University Program
    • For students looking for the rigor of a university program with the immersion of an abroad experience, this program is perfect.
    • It includes accredited Spanish grammar classes based on Facetas and Vistas, two systems that are used by more than 100 universities across the United States for Spanish 101, 102, 201 and 202. These classes meet four days per week for two hours each day. As Shane explained, “Students can complete one three-credit semester of Spanish in one quarter (ten weeks). This gives our students the opportunity to complete two full years of university Spanish in just one year abroad at OLSA.”
    • Additionally, the Accredited University Program includes Spanish Daily, “a Spanish conversation curriculum designed to help foreign students, expats and/or full-time students learn, understand and speak colloquial Spanish.” Spanish Daily has 3 levels that take students from the very basics of communication all the way up to advanced conversations.
    • Finally, the program includes South American Cultural Immersion, which involves a different excursion in and around the city each Wednesday. The theme of the trips varies with the semester, but past themes have included “Medellín, Past Present and Future” and “Medellín, the Land of Adventure”. It also includes two 60-80 minute Salsa classes each week for eight weeks taught at OLSA by professional dance teachers.
    • This series of excursions culminates in a week-long trip to the Caribbean coast of Colombia, where students will get to put their skills into practice exploring the beaches of Cartagena, Barranquilla, and Santa Marta.
    • Cost: The full Accredited University Program costs 14,000,000 COP, though each component of the program is also available individually. The tuition also includes placement with a homestay.
  • Edu-Cation Immersion Program
    • OLSA’s other flagship program offers travelers the chance to get the fun of a Colombian vacation with the personal and professional development of studying Spanish.
    • This all-inclusive cultural immersion vacation includes 4 days of conversational classes, 4 days of salsa dance lessons with a dance partner of the opposite sex, and local excursions on Tuesdays and Thursdays.
    • It also includes a 7-night stay at a nearby hostel and provided lunch and breakfast.
    • You also get Monday and Friday off to go explore the city and surrounding pueblos.
• Cost: The Edu-Cation Immersion Program costs 2,000,000 COP for 1 week, 3,000,000 COP for two weeks, and 4,500,000 COP for 3 weeks.
• • Spanish Daily Classes
    • If you just want to focus on learning conversation and aren’t concerned about university credit, then OLSA’s Spanish Daily classes are a great option.
    • As OLSA’s site explains, “These interactive conversation classes are an excellent choice for travelers, expats living in Medellín, and/or full-time university students looking to gain Spanish fluency in an immersive environment.”
    • These classes will teach you the Spanish that you’ll hear and use on the street, taking taxis, buying groceries, and going out salsa dancing. They’re available in 3 levels, and you can start at whatever level fits your needs, taking as many classes as you want.

• Cost: Spanish Daily Classes cost 180,000 COP for 1 week, 345,000 COP for 2 weeks, 487,000 COP for 3 weeks, and 600,000 COP for four weeks. Each week includes five classes with a native speaker.

To learn more, visit OLSA’s website.

Toucan

Toucan describe themselves as “the original Spanish language school in Medellin with over 7 years of history”. They have small classes and offer a variety of cultural activities, including salsa lessons, welcome lunches, language exchanges, soccer matches, and volunteering opportunities.

In addition, Toucan is also the home of a cafe that hosts weekly language exchanges. And through Toucan Tours, you can see the graffiti of Medellin, tour a coffee farm, and experience a guided coffee tasting.

Here are the details:

Location: El Poblado

Classes Offered:

• • Intensive Group Classes
    • These classes are designed to get you speaking quickly so that you can get out and experience all that Medellin and Colombia have to offer.
    • Classes are no more than 7 students and are 20 hours per week starting each Monday. You can book as many weeks as you like.
    • Since Toucan is the largest Spanish school in Medellin, they can offer classes to all levels at once, making sure there will be a space for you.
    • These classes also include a free welcome lunch, a free salsa class, free tropical fruit tastings, free language exchanges, and other free activities.
    • Cost: Intensive classes are 625,000 COP/week, with a progressive discount for booking additional weeks in advance.
  • Private Classes
    • Toucan offers 3 types of private classes:
      • Private 1-2-1 Classes. These classes are just you and the teacher, allowing the teacher to tailor the course to your needs. The cost is 650,000 COP for 10 hours or 1,300,000 COP for 20 hours.
      • Private “Closed Group” Classes. If you want to study with a friend, partner, or family members, these classes are perfect. They feature the same benefits of a 1-2-1 class at a reduced per-person price. The cost is 450,000 COP per person for 10 hours, 675,000 COP per person for 15 hours, and 900,000 COP per person for 20 hours.

• Skype Classes. If you want to continue your classes after you’ve left Medellin, Skype classes will let you do so. Skype classes are 65,000 COP per hour, 600,000 COP for 10 hours, or 1,100,000 COP for 20 hours.

To learn more about Toucan, visit their website.

UPB – Centro de Lenguas

All the schools we’ve covered so far are excellent, but they won’t be able to help you get a student visa. If you need that and/or are looking to study at an accredited Colombian university, then UPB’s Centro de Lenguas is an option to consider.

If you’re planning to study at UPB for less than 6 months, then they will require you to get a PIP-2 visa (unless you are from the Schengen area). You apply for this visa on arrival in Colombia by presenting an invitation letter from UPB to Migración Colombia. To receive a letter, you will need to complete UPB’s registration process. For stays longer than 6 months, you need to apply for a TP-3 visa prior to arrival in Colombia. More info on the visa process for prospective UPB students is available here.

When it comes to the courses, UPB offers a lot more structure than the other schools on this list. If you prefer learning in a traditional classroom setting, it will be perfect.

Here’s a breakdown of the school info:

Location: Laureles

Classes Offered:

• Group Classes. These classes have five levels: Beginner, High Beginner, Intermediate, Advanced, and Proficient. Each level corresponds to a level of the Common European Framework of Reference (A1-C1). As UPB’s website explains, “Each level includes class hours, academic tutoring hours with our pre-service teachers, and independent work. You can take 10 hours per week (semi-intensive course) or 20 hours per week (intensive course).” Group classes are 28,000 COP per hour with a minimum commitment of 20 hours and range from 3 to 10 students in size.
• Semi-Private Classes. Offering a more intimate experience, semi-private classes are made up of 2 students and the teacher. The cost is 42,000 COP per hour with a minimum commitment of 20 hours.
• Private Classes. These 1 on 1 classes cost 63,000 COP per hour with no minimum commitment.

UPB also allows you to combine the above types of classes to meet your needs, and they have a placement test for students who already know some Spanish. If you need official proof of your Spanish level for work or immigration purposes, they offer a (paid) test to receive an official certificate of your Spanish competency.

For more info, visit UPB’s website.

Universidad EAFIT – Centro de Idiomas

Last on our list, we have another Medellin university. EAFIT’s Centro de Idiomas offers students the chance to study Spanish on a vibrant university campus in the south of the El Poblado neighborhood. Like UPB, they’re a good option if you’re looking for formal Spanish studies with an accredited Colombian university.

To study at EAFIT, you’ll need a TP-3 visa. Other than that, their visa process is much the same as for UPB. More info on the process is available here.

Here are the key details on EAFIT:

Location: El Poblado

Courses Offered:

• Semi-Intensive Course. This 38-hour course lasts 4 weeks. Classes meet M – F from 9:00 a.m. – 11:00 a.m. or 2:00 p.m. – 4:00 p.m. Classes are offered from June – October as of this writing, though you should refer to the official schedule for more info. There are 15 total classes offered, starting at complete beginner (A1) and going all the way to advanced topics such as Business Spanish. The cost is 1,600,000 COP per person for a course of 2 students, 1,198,000 COP per person for a course of 3 to 8 students, and 2,425,000 COP for a private class.
• Intensive Course. This 38-hour course lasts two weeks, with courses available in the same subjects as the semi-intensive courses. Classes take place M – F from 9:00 a.m. – 1:00 p.m.​ or 2:00 p.m. – 6:00 p.m., and the costs are the same as for the semi-intensive courses.
• DELE Preparation Classes. If you’re working to pass the DELE (the official diploma of Spanish proficiency), EAFIT also offers preparatory classes upon request. The prices for these classes are the same as for above, though the schedule is more limited. You can also take the DELE exam at EAFIT. More information on test dates is available here (the page is in Spanish, but presumably that’s not a problem if you’re taking the DELE).

For more info on studying Spanish at EAFIT, visit their website.

Conclusion

Thanks for reading our guide to studying Spanish in Medellin. We hope that you’ve found a school that fits your needs, and we invite you to share your favorite Medellin Spanish schools in the comments.

¡Buena suerte en tus estudios!

About Ransom

Ransom Patterson is a freelance writer and content marketer from Nashville, TN. When he’s not writing or studying Spanish, you’ll find him hanging out in cafes or taking walks around the city. You can learn more about his work on his website.

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Medellín has so much to offer tourists: whether you’ve got two days or two weeks, there’s so much to do in The City of Eternal Spring.

Of course, if you’re heading to Medellín you’ll need somewhere to stay. We’ve previously covered our favorite hostels, but, if that’s not your thing, there are plenty of hotels in the city that will give you a little more luxury and privacy.

The following hotels are our favorite options for every budget. (Photo above courtesy of Hotel Dann Carlton)

Top End (Over $100)

The Charlee Hotel, El Poblado

The Charlee Hotel is synonymous with five-star luxury, and with good reason. This is our favorite pick for an indulgent stay to remember.

All rooms are designed with vintage-inspired accents and cutting-edge technology, giving you the best of both worlds. They each have incredible views of the city’s skyline, and the penthouse suite also features a tepanyaki grill and Jacuzzi on its terrace.

The location is adjacent to Parque Lleras, which is the perfect spot for enjoying the best of El Poblado’s restaurants and bars. Or, you can enjoy world-class food and drink from the comfort of the hotel: the rooftop pool and bar, Envy, is famous throughout Medellín as being one of the best spots to enjoy a cocktail.

This level of luxury comes at a price, and a night in a ‘standard’ Charlee King room is 560,823 COP ($179) including breakfast.

Calle 9a #37-16, El Poblado

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Diez Hotel, El Poblado

For a luxury take on Colombian culture, Diez Hotel is a great option at a reasonable cost.

Every floor is inspired by a different region of Colombia, and the rooms are finished with local handcrafts, which gives the hotel an authentic flavor. The views are outstanding from every room, and the location gives great access to the city.

The on-site fitness center is well equipped to help you work off all the bandeja paisas that you’ll no doubt be sampling, and the luxurious spa is the perfect place to enjoy a massage and recuperate from a long day exploring the city.

There are lots of options for food and drink in the bar and restaurant, and there are plenty of international dishes on offer if you’ve overindulged on Colombian cuisine.

A double room is 306,400 COP ($98) and includes a breakfast buffet.

Calle 10A #34-11

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Hotel Dann Carlton, El Poblado

This hotel has been around for some time and has a well-deserved reputation as being one of the best in Medellín.

Rooms are plush and comfortable with a neutral finish and have air conditioning, a TV and a minibar as standard. The hotel’s restaurant serves a huge breakfast buffet that has a reputation as being one of the best in the city, and at night it turns into a romantic candlelit dinner spot.

The pool is a major draw for guests and is the perfect place to soak up some sun. There’s an on-site gym if walking around the city isn’t exercise enough, or you can enjoy a bit of pampering with a relaxing massage.

The junior suites are perfect for families and are 386,521 COP ($124) per night.

Carrera 43A #7-50

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Poblado Plaza Hotel, El Poblado

Relaxation and gastronomy are our two key reasons for choosing Poblado Plaza, but there’s so much else on offer at this luxury hotel.

The décor in the rooms is clean and classic, with wooden floors and white linen. The bathrooms are also generously sized, and the walk-in showers are hot and powerful.

If you want to take a day off from tourism, Poblado Plaza is the perfect place to enjoy some downtime. The Turkish bath is a beautiful chill spot, or you can hide away in your room and make the most of the 24-hour room service.

The location is perfect for exploring El Poblado and the surrounding areas, and there’s a great mall across the road if you’re in need of some retail therapy.

The company behind Poblado Plaza also owns Poblado Alejandria, which is equally luxurious.

A superior double is 309,244 COP ($99) and includes breakfast.

Carrera 43a #4

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Mid-range ($60-100)

Celestino Boutique Hotel, El Poblado

The Celestino might be relatively new to Medellin’s hotel scene, but they’re already showing more established places how it should be done.

The bilingual staff deliver world-class service, and they work hard to cater to their guests’ every whim. They’ll take care of everything for you, and they even offer a practical Whatsapp communication service to make your life even easier.

Rooms are modern, stylish, and have clearly been designed with a lot of love and attention.

They’re also equipped with everything you need for a comfortable stay, and some of the rooms also have views of Medellin’s spectacular mountains, which can be enjoyed from private balconies.

The Celestino is situated in the heart of El Poblado, just one block away from Parque Lleras. This gives you quick and easy access to many of the best bars and restaurants in Medellin.

A standard double room including breakfast is 240,000 COP ($77.18).

Carrera 37 #8-60, El Poblado

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Are you looking for a hotel in Medellin? Of course, if you’re heading to Medellín you’ll need somewhere to stay. We’ve previously covered our favorite hostels, but, if that’s not your thing, there are plenty of hotels in the city that will give you a little more luxury and privacy Click in the link in our bio to read more and choose your hotel according to the best option for you! . . @hotelthecharlee @celestinoboutique @hoteldanncarltonmedellin @epicboutiquehotel @hotelnaturamedellin @noveltysuites . #medellin #medellinnightlife #nightlifemedellin #travelblog #medellinexpats #medellincity #medellinliving #travel #colombia #hotel #party #travelblogger #travelmedellin #hotelroom #hoteles #medellinhotel #hotelmedellin #hotelcolombia #cityblog #wanderlust #travelmore

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Epic Boutique Hotel, El Poblado

If you’re looking for an ultra-modern hotel offering great value in the heart of the city, Epic has got you covered.

The rooms at Epic perfectly straddle the line of design and comfort, and their cool and clean style is finished perfectly with natural wood and vibrant yellow accents. Beds are big and comfortable, bathrooms are well equipped, and some rooms include a spa bath for ultimate luxury.

Despite its central location, there are plenty of quiet spaces to escape from the hustle and bustle of El Poblado. The rooftop is spectacular and is the ideal place to take in city and mountain views. There’s also an on-site business center, should you need to get some work done during your stay.

 A deluxe double room is 225,000 COP ($70.60) and includes a continental breakfast.

Carrera 37a #8a-38, El Poblado

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Art Hotel Boutique, El Poblado

This boutique hotel is all about exposed brick and modern art, and it delivers five-star luxury at an affordable price.

Style is at the center of the hotel’s concept, and every room is contemporary and elegant. Thoughtful touches like designer lighting and decadent chaise lounges make every room feel like a suite, and some of the rooms have extra luxury in the form of high-spec bathrooms and spacious living rooms.

Located within walking distance to El Poblado’s metro station, Art Hotel is the perfect base for discovering all that the city has to offer. But the on-site wine bar, art gallery and movie theater might make it difficult for you to leave.

A standard double room for single or double occupancy is 230,000 COP ($74).

Carrera 41 #9-31, El Poblado

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Inntu Hotel, Laureles

Medellín is more than just El Poblado, and Inntu is the perfect place to use as a base to explore other popular neighborhoods.

Located close to Estadio metro station, it’s a great spot for enjoying the nightlife of La 70 street and the high-end restaurants and cozy coffee shops of Laureles. Rooms are modern and minimalist, and the bathrooms deliver a surprising level of luxury for a mid-priced hotel.

The bar serves snacks and there’s also a restaurant serving local and international dishes. If you need a little pampering after a long night on the aguardiente (the local liquor of choice), there’s a massage service and a therapeutic pool which can both be enjoyed at preferential prices.

A double room including an American breakfast is 208,865 COP ($67).

Transversal 39 #75-74

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Novelty Suites Hotel, El Poblado

Like the Dann Carlton, Novelty Suites has been a solid choice for accommodation in Medellín for years. With this hotel you still get the great reputation and central location, but at a lower price.

The décor feels a little ‘chain hotel’, but that’s not necessarily a terrible thing. Rooms are generously proportioned with desks and bedside tables, and bathrooms are neat and functional. Suites have a seating area and basic kitchen facilities, and some rooms also include spa baths for a bit of pampering.

The restaurant serves a great buffet breakfast as well as lunch and dinners, and 24-hour room service is available if you want to relax in your room.

The central location is great for public transport, and there’s private parking available if you’ve hired a car to get around the city.

A double room is 307,000 COP ($97) or you can upgrade to a suite for just 31,490 COP ($10) more per night.

Calle 4 Sur # 43 A 109

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Budget (Under $60)

Obo Hotel, Estadio

By venturing further afield than El Poblado, you’ll find some brilliant budget options, and Obo is certainly one of them.

The rooms at Obo are clean, simple and functional, and there’s plenty of storage for your luggage. The bathrooms are clean, private and include complimentary toiletries, which is a nice touch. There’s free Wi-Fi throughout the property, and on the rooftop you’ll find a gym and Jacuzzi, making it the perfect place to start your day with a workout or end it with a soak as the sun goes down over the mountains.

Obo is close to Estadio metro station as well as La 70 street. Laureles, which is packed full of fantastic bars and restaurants, is within walking distance. You’re also only a couple of metro stops away from Comuna 13 and its famous graffiti.

A standard double is 150,007 COP ($48) and includes breakfast.

Calle 44a #70-103

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El Portón de San Joaquin, San Joaquin

Another non-Poblado option is El Portón de San Joaquin, located in a beautiful and tranquil residential area close to upmarket Laureles.

Rooms offer plenty of space and include air conditioning, flat-screen TV and a mini bar. Every room has a private bathroom and the suites include a spa bath.

Reception is 24 hours and there are computers available for guests to use. There’s a restaurant serving breakfast, lunch and dinner, and if you’re looking for a good place to relax after a day of exploring, the sauna and steam room will completely unwind you.

A great base for exploring authentic Medellín: there are lots of restaurants serving local cuisine within walking distance, and the football stadium is a ten-minute walk if you want to catch one of the city’s two teams play one of their infamously raucous matches.

A single occupancy double room is 129,813 ($41) including breakfast, or 46,204 COP ($15) more per night for a second person.

Calle 42 #68a-32

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Hotel Poblado Boutique Express, El Poblado

Back in El Poblado there are also some great budget options, and Poblado Boutique Express is a fantastic low-price option.

Rooms are clean, cozy and simple, and are equipped with a fan, TV and private bathroom. The entire hotel is spotlessly clean and there’s a real homey feeling to the place. For such a central location, just four blocks from Parque Lleras, the hotel has a peaceful atmosphere, so you can rest well after an evening enjoying Medellín’s nightlife.

To make your trip easy and stress free, the hotel has a tour desk where you can book a number of excursions in and around the city. Reception is 24 hours too, with staff available to help you at any time.

A single room is just 100,966 COP ($32) and a classic double or twin is 129,813 COP ($41).

Carrera 34 #7-121

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Hotel Natura, El Poblado

Another good option for El Poblado on a budget is Hotel Natura.

The hotel is small and cozy, occupying a traditional renovated building which once served as a house. Rooms feature huge windows to give them a light and airy feel, and many have exposed brick, which gives them a nice modern touch.

Located just 300 meters from Parque Lleras, this is the perfect base for a weekend of partying. Rooms are soundproofed to ensure that you’ll get a good night’s rest, and they’re also air conditioned to counteract Medellín’s warm weather.

A double room with breakfast is 141,414 COP ($45), or you can add lunch for an extra 46,250 COP ($15).

Carrera 35 #7-58

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Which hotel in Medellín is your favorite? Let us know in the comments.

Please note that some of the links above are affiliate links. At no additional cost to you, we earn a small commission if you make a purchase.

About Sophie

Sophie is a freelance writer from the north of England. She has been traveling and working in South America since August 2017, and currently lives in Medellín. She runs the blog Table for One, where she writes about what it’s really like to travel as a solo woman.

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(NOTE: Prices listed are for round trip flights and do not include baggage fees. Also keep in mind that airfare is constantly fluctuating.)

CANCUN, MEXICO ($204)

Airline: Copa Airlines

Sample dates: March 30-April 6

It seems like people either love or hate the idea of traveling to this Spring Break mecca. If you fall in the former category, you’ll be happy to know that a flight to Cancun via Copa won’t cost you a ton of dinero. Spring Break season runs from February to mid-April, so plan accordingly.

CARACAS, VENEZUELA ($280)

Airline: Copa

Sample dates: April 1-8

You already know about the current political climate in Venezuela. Things have gotten so bad that the U.S. Department of State has labeled Venezuela as a Level 4 travel destination, which means “Do not travel” there. But if you for some reason have a valid reason to visit Caracas, Copa will get you there for less. This goes without saying, but be careful over there.

LIMA, PERU ($204)

Airline: Viva Air

Sample dates: April 5-April 12

Medellin has several Peruvian restaurants, but most don’t compare to the real thing. Head to Lima and see for yourself via Viva Air. I recommend trying the aji de gallina, lomo saltado and the surprisingly-kinda-good alpaca meat while you’re there. One other tip: Try to schedule the trip for between December and May to avoid Lima’s foggy and cooler winter months.

MIAMI, UNITED STATES ($205)

Airline: Viva Air

Sample dates: May 13-20

You know who really loves Miami? Colombians. It feels like most have either been there or really want to go there. Of course, they’re not the only fans of Miami. The beaches and clubs draw people from all over the world, which is why Miami is considered an international city. For cheap flights to Miami, try Viva Air. But if you’re willing to fly into Fort Lauderdale, you might find Spirit Airlines flights just as cheap, if not cheaper.

NEW ORLEANS, UNITED STATES ($272)

Airline: Spirit

Sample dates: March 12-19

There’s nothing like New Orleans. The Cajun and Creole influences make the city one of a kind. Where else on Earth will you find Voodoo tours, swamp boat rides, world-famous nightlife and some of the best cuisine in the world? If you’ve never been, it’s time to book your ticket through Spirit and change that. Can you tell I like New Orleans?

ORANJESTAD, ARUBA ($229)

Airline: LATAM Airlines

Sample dates: April 7-14

Colombia isn’t exactly lacking in beach options. You can head to Cartagena, Santa Marta and San Andres faster and cheaper than you could Aruba. So then why visit this Caribbean island? Because Aruba’s Eagle Beach is considered one of the best beaches in the world and it won’t cost you an arm and a leg to get there.

ORLANDO, UNITED STATES ($208)

Airline: Spirit

Sample dates: April 22-29

Disney World is the happiest place in the world but can be a nightmare for your wallet. A four-park Magic Value ticket alone is $340, and that doesn’t include the over-priced food and souvenirs. Good thing for Spirit, which will fly you to Orlando for $208 — or the price of about nine personalized Mickey Mouse ear hats.

PANAMA CITY, PANAMA ($141)

Airline: Wingo

Sample dates: March 30-April 8

I have something to confess: I’ve never flown Wingo. I just know it’s part of Copa. While I’m being honest, I should also admit I didn’t think Panama City was a very interesting tourist destination. But if you’ve always wanted to go or just want to add another stamp to your passport, hey, do it.

SAN JUAN, PUERTO RICO ($282)

Airline: Spirit

Sample dates: April 1-8

The majority of Puerto Rico’s businesses have reopened since Hurricane Maria, so no need to put off that trip to San Juan any longer. And, as has been stated many times, the country can use the economic boost as it recovers from the tourism hit it took in the months following Maria. You’ll get to enjoy Old San Juan’s colorful buildings and dine on Mofongo while also helping out the island. Win-win.

Ready to take a break from Medellin and check out some other Latin American destinations? Book your flight now!

All pics by Luis Gomez

About Luis

Luis covered soccer and then celebrities for the Chicago Tribune for 10 years before leaving the newspaper to backpack around the world. You can read about his adventures on his blog Extra Underwear and follow him on Instagram at @ByLuisGomez

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