US EditionCap rate analysis of condo in Medellin - decent real estate rental yields in El Poblado - The Wandering Investor
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Cap rate analysis of condo in Medellin - decent real estate rental yields in El Poblado - The Wandering Investor
When I first started talking about Medellin as a real estate investment destination a few years ago people opined I was not being reasonable: “crime”; “drugs”; “You’ll get kidnapped”. Fast forward a few years and the city has absolutely boomed in terms of tourism and is now on the lifestyle map. The key neighborhoods of El Poblado and Laureles are gentrifying at a very fast rate. Back then getting net rental yields of 10% on rentals was very doa…
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