Buying real estate is a golden opportunity for Colombians abroad

In an economic scenario characterized by dollar fluctuations, Colombians living abroad find it convenient to invest in housing in their home country. With the dollar remaining above $4,000 on average over the past year, the conditions for acquiring real estate in Colombia have become particularly attractive, especially in cities such as Cali, Armenia, Santa Marta, Medellín, Barranquilla and Bogotá.

Juan Carlos Gallego, Commercial and Customer Service Director at Construction of Cali BoulevardHe explains that Colombians abroad can start the home buying process in a simple way. “The first thing you need to have is your Colombian ID and your current immigration status in your country of residence. With this information, we can help you manage the financial feasibility with Colombian banks, which can lend up to 80% of the property’s value,” says Gallego.

The requirements for purchasing a home are not much different for residents abroad compared to residents in Colombia, and we have the support of a team of brokers who certify clients’ income abroad to the financing bank in Colombia.

In response to this demand, Constructora Bolívar is promoting several of these projects. Projects that attract foreign investors in particular Due to its strategic location, high rating and profitability, it has obtained environmental certifications such as Edge and Leed which ensure efficiency and reduced impacts at the same time.

Not only do these projects offer modern, customizable homes, they also include amenities such as tennis courts, skating rinks, bike paths, co-working rooms and entertainment areas, designed with their clients’ lifestyle in mind.

One of the key aspects is that the financing of these properties is also designed to make the process easier for Colombians abroad. Given the above, the commercial team has the ability to sell and accompany any Colombian located anywhere in the world to obtain a mortgage or rental loan. In addition, it offers the possibility of paying the initial payment in installments that suit the needs and budgets of the buyers.

In addition to this, Building Boulevard It has an exclusive team specialized in selling housing to Colombians living abroad, allowing them to facilitate the process remotely.

The demand for housing by Colombians abroad has shown significant growth in recent years. According to Gallego, “the diversified offer and the growing interest of Colombians living abroad have led to increased demand, both for short and long-term rentals and for the appreciation of the property value.” This interest is due, in large part, to the possibility of acquiring properties according to plans, which allows for a significant appreciation in the value of the property at the time of delivery.

“The current exchange rate is a huge advantage for Colombians abroad who want to invest in Colombia,” says Gallego. “It’s the perfect time to buy, with guaranteed financing from Colombian banks and the possibility of doing the entire purchase virtually.”

With a complete portfolio in the country’s main cities, Constructora Bolívar offers projects that promise not only high valuation and profitability, but also security, leisure and spaces designed for a new lifestyle.