Property Type: 4th-Floor Remodeled Studio / 1-Bedroom Apartment (Edificio con Portería Diurna)

Positioned one block off Avenida Nutibara in the heart of Laureles, this newly remodeled 46-square-meter residence represents an optimal entry-level acquisition for foreign investors targeting Medellín’s digital nomad and mid-term executive rental market. Combining modern interior aesthetics with low recurring carrying costs, the apartment offers a turnkey layout in one of the valley’s highest-demand pedestrian corridors.

At an accessible total price of $310,000,000 COP (approx. $6.73M COP per square meter), this unit requires zero deferred capital expenditure. Its proximity to top-tier cafés, coworking spaces, and dining destinations makes it well-suited for a 30+ day corporate rental, a nomad base, or an efficient personal pied-à-terre.

The Space & Interior Distribution

• Total Usable Area: 46 m² (495 sq. ft.) of efficiently planned, fully updated living space.

• Bedroom: 1 dedicated private bedroom featuring built-in floor-to-ceiling closets and quiet interior exposure.

• Bathroom: 1 contemporary full bathroom outfitted with updated sanitary ware, modern tiling, and a glass shower stall.

• Living & Dining Area: Open-concept living and social salon (sala-comedor) designed to maximize natural light and interior airflow.

• Kitchen & Service: Fully renovated chef’s kitchen (cocina integral) featuring durable stone surfaces, an American-style breakfast bar (barra estilo americano), integrated cabinetry, and a separate laundry area (zona de ropas).

• Condition: Comprehensively renovated (recién remodelado); modern electrical fixtures, plumbing lines, and updated floor tiling throughout.

Building Infrastructure & Operating Efficiency

• Low-Overhead Architecture: Positioned on the 4th floor via staircase access (acceso por escalas). Without elevators or high-energy communal amenities, fixed operational liabilities remain minimal.

• Building Security: Attended daytime concierge service (portería diurna), providing secure package receipt and controlled access during peak daytime business hours.

• Pet Policy: Officially pet-friendly (admite mascotas).

• Construction Year: 1995 (benefit of solid masonry structure combined with modern internal remodeling).

Location & Prime Walkability

• Avenida Nutibara Corridor: Immediate 1-minute walking access to Laureles’ primary commercial and lifestyle boulevard, renowned for its specialty coffee shops, artisan bakeries, international bistros, and fitness studios.

• Parks & Green Belts: Easy walking distance to both Primer Parque and Segundo Parque de Laureles, as well as the Universidad Pontificia Bolivariana (UPB) campus.

• Transit Access: Flat, walkable streets with abundant taxi availability and quick connectivity to the San Juan, 33, and 70 transit corridors.

Due Diligence & Carrying Costs

• Estrato: 5 (Prime residential tier with balanced municipal infrastructure).

• Monthly HOA (Administración): $200,000 COP (Extremely low fixed carrying cost, maximizing net rental yield).

• Quarterly Property Tax (Predial Trimestral): $200,000 COP (Equivalent to an annual tax load of just $800,000 COP).

• Parking: 0 dedicated garage bays (optimized for public-transit and pedestrian-focused urban tenants).

• Investment Profile: Ideal buy-and-hold yield asset tailored for flexible 30+ day expat leases, student/corporate relocations, or a low-maintenance lock-and-leave city pad.

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