The Latest On Furnished Rentals In Medellín
Last week, I saw a report that’s important for anyone who wants to get into Medellín, Colombia’s lucrative rental market… or anyone who wants to rent a furnished apartment for living in this popular expat destination.
The study analyzed the costs of 350 furnished rental units on the market in Medellín’s most popular sectors. It provides a good source of unbiased data.
So, with this rental data in hand, now is a good time to look at my three favorite areas in the Medellín valley to get a picture of today’s rental market.
Let’s start with the most popular sector in Medellín.
El Poblado: The Beverly Hills Of Colombia
With lush, shady streets, tumbling mountain streams, and excellent residential options, it’s no wonder that El Poblado is Medellín’s most popular area for expats, travelers, and tourists.
El Poblado is green, forested, and uncrowded at its higher elevations, getting more “citified” as you approach the valley floor. The lower parts are walkable, with everything close at hand. El Poblado is the most expensive and exclusive area in the city and is the best place to own a rental property.
The centerpiece of El Poblado is the Zona Rosa, with its restaurants, cafés, clubs, discos, and Continue reading