What are the current prices for residential properties in different regions of Colombia?
The current prices for residential properties in different regions of Colombia can vary greatly depending on various factors such as location, type of property, size, and amenities. Generally, the largest cities such as Bogotá, Medellín, and Cali tend to have higher prices compared to smaller cities and rural areas. According to data from the Colombian Chamber of Real Estate (CCAI), the average price per square meter of residential property in Colombia is approximately COP 2.5 million (around USD 670) for new properties and COP 1.7 million (around USD 460) for used properties.
However, specific prices can vary greatly within each region and even within each neighborhood, so it's recommended to conduct thorough research and consult with a local real estate agent to get more accurate and up-to-date information on the current prices of residential properties in a specific location.