Bogotá real estate market — prices, rental yield and trend

• Average price: $2,781 / m²
• Gross rental yield: 6.84%
• Net rental yield: 4.45%
• Transaction cost: 5.2%
• Price basis: local-market average

Residential property in Bogotá averages $2,781 per square metre. That makes it the 165th most expensive of the 236 markets in the set.

What a buyer pays in Bogotá

The $2,781 figure is a local-market average across all residential property types: a flat in a prime district sits well above it, an older unit on the edge of the market well below. Buying costs — transfer tax or stamp duty, notary, registration and agency — come to about 5.2% of the price here. On a 100 m² apartment at the average price that is roughly $14,462 on top of the $278,120 purchase price. That is below the 10.3% median across the set, which shortens the time it takes for a purchase to break even. Against the Colombia national average of $2,570, Bogotá carries a 8.2% premium — the gap between this market and the country as a whole. Among the other Colombia markets we track, Medellín at $1,741 is 59.7% cheaper.

What it earns

A square metre lets for about $15.9 a month. Against a purchase price of $2,781 per square metre that is 6.8% gross, before tax. Both figures come from the same source and the same period, so you can check the arithmetic yourself. It ranks 42nd of 269 markets by gross yield. Rental income is taxed at 20–35% — the rate is not a single number here. That is the difference between 4.5% and 5.5% net on the same property. The 4.5% net figure we publish uses 35%.

How the tax works. 35% on net taxable income of Colombian source (Tax Statute art. 247), which with no deductions equals the gross rent. Where the tenant is a withholding agent the 20% rental withholding (art. 408) is final (art. 592), which is the lower end of the band; a private tenant is not a withholding agent, so the owner files at 35%. Source: estatuto.co.

Who can buy in Bogotá

Freehold, no restrictions. That is the rule a foreign buyer meets first, not legal advice — check the current position locally before you commit.

How this figure is built

The price figure for Bogotá is built from asking prices from listings. It was last refreshed on 2026-10-17. We rate our confidence in this market’s data low — treat the figures as indicative and check them before acting. We recompute every market the same way, which is what lets Bogotá be compared with a country average or another city.

Sources: Numbeo city page · numbeo.com. Snapshot: 2026-10-17.