Property Type: Ground-Floor Residence (Primer Piso en PH)

Situated in the traditional, peaceful residential neighborhood of Belén Miravalle, this 125-square-meter ground-floor home offers a rare blend of single-level accessibility, generous interior courtyards, and immediate cash-flow potential. Operating under horizontal property (propiedad horizontal), it provides the feel and privacy of a standalone home without upper-level stairs.

A standout feature for investors is the independent garage space, which is currently converted into a permitted commercial storefront (local comercial) generating $1,100,000 COP per month in passive rental income. Whether you retain this tenant for immediate yield or convert it back to secure private parking, this property provides exceptional versatility in an appreciating node.

The Space & Layout

• Total Area: 125 m² (1,345 sq. ft.)

• Bedrooms: 3 spacious bedrooms, including two with private en-suite bathrooms.

• Bathrooms: 3 full bathrooms (two private en-suites and one shared social bathroom).

• Living & Lounge Areas: An expansive living and dining layout (sala-comedor), complemented by three distinct internal courtyards/patios. One patio is fully covered and adapted as a cozy TV den or family media lounge.

• Kitchen & Service: Fully equipped modern kitchen (cocina integral) with an adjoining laundry zone (zona de ropas).

• Income Unit / Parking: Independent ground-level space currently leased as a neighborhood commercial shop ($1,100,000 COP/month) or convertible back to a private garage.

Location & Connectivity

Belén Miravalle offers authentic neighborhood charm combined with rapid connectivity to Medellín’s primary corridors:

• Walkability: Just 5 minutes on foot to Parque Principal de Belén, Los Molinos Shopping Mall, the Santa Gema commercial sector, and Avenida 33.

• Transit Access: Located just two blocks from Calle 30 and Avenida 80, providing immediate access to Metroplús stations.

• Capital Appreciation: Direct upside potential driven by its proximity to the upcoming Metro de la 80 light-rail expansion.

Due Diligence & Carrying Costs

• Estrato: 4 (Highly economical residential utility rates).

• Year Built: 2000.

• Property Structure: Ground floor of a two-story residential building (PH).

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