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Updated about 1 year ago on . Most recent reply

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Hansel Canda
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Medellin real estate

Hansel Canda
Posted

Does anyone have any tips and advice on purchasing property in Medellin Colombia for short term rentals ? Any trust worthy realtors for that area and companies that may run the properties cleaning services ? 

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Mike Lambert
  • Investor
  • The Americas and Europe
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Mike Lambert
  • Investor
  • The Americas and Europe
Replied

There is no MLS in Colombia. Therefore, working with a single real estate agent doesn't make much sense as it will limit you to his/her very limited inventory and he/she might have as main objective to sell a property to you take advantage of your lack of knowledge of the market. In such situations, the best way to proceed is to do your own searches and then contact the listing agents of the properties you're interested in. This will give you more opportunities and access to various opinions about the market and properties.

As to cleaning services, you'd most likely hire a property manager who'll take care of that. In any case, it's a waste of you time to think about that before you find a property. Once you do, you'll have people who'll be able to refer you to the right companies. Before somebody will refer you to someone, they'd generally want to be sure that you'll buy a property so as to not waste their time for nothing.

Hope this helps.

  • Mike Lambert
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