April 7, 2021
REASONS TO INVEST IN REAL ESTATE
- The construction of industrial spaces, warehouses, of‑ces and malls has been bolstered by an inux of real estate investment funds and other investment mechanisms related to the real estate market.
- Colombia has become an important destination for tourism in Latin America by developing its hotel, commercial and entertainment sectors.
- Colombia is the second most biodiverse country in the world, allowing people to easily find a climate and environment thatsuits their taste.
- Colombia ranks 4th as the main retirement destination according to the International Living 2021 Retirement Index.
- There are opportunities in the development of projects focused on second homes and development of senior housing and Multifamily for rent in the main cities of the country. The cost of living in Colombia is 53% less than the cost in USA.
- Colombia has remained attractive for retailers positioning itself in the 10th place in the Kearney 2019 Global Retail Development Index.
- The construction of new shopping centers has been supported by rising income and the arrival of international brands.