Purchasing property in Cartagena
Why buy property in Cartagena?
Nestled on the northern coast of Colombia and a short flight from the US and Panama, Cartagena has quickly become one of the hottest cities in South America….and we’re not just talking about the weather! Filled with colorful culture, it’s quickly grown into one of the most visited and iconic tourist destinations in the world. With growing popularity is growing demand, and over the past ten years developers can barely keep up with the increased interest of investors in the Caribbean city.
"Between 2006 and 2019, Colombia saw a 300 percent increase in foreign visitors" -The Bogota Post.
Its well-preserved history as a UNESCO World Heritage Site has made Cartagena a desirable real estate market for people looking to relocate to the sunny coastal town and for investment opportunities. The city fosters thriving tourism and real estate industries, both of which promise significant margins for investors.
Real estate in Cartagena has shown exponential growth in recent years. Being such a unique market and so perfectly located, the price of housing in the touristic sector of Cartagena does not falter; it simply keeps rising. For this reason, you can rest assured that your investment here is well worth it.