Colombia real estate market — prices, rental yield and trend
- Average price: $2,017 / m²
- Gross rental yield: 7.01%
- 12-month price change (USD): 35.5%
- Transaction cost: 5.2%
- Price basis: local-market average
Colombia is one of the faster-moving markets Glopra tracks: the average residential square metre now costs $2,017, +35.5% in dollar terms over the last twelve months. That makes it the 58th most expensive of the 70 markets in the set. In local currency the same twelve months read +7.4%; the 28.1-point gap is the exchange rate, not the housing market.
What a buyer pays in Colombia
The $2,017 figure is a local-market average across all residential property types: it describes the capital's market, not the country as a whole — most of the country trades well below it. 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 $10,488 on top of the $201,700 purchase price. That is below the 9.5% median across the set, which shortens the time it takes for a purchase to break even. Inside Colombia we also track Medellín separately, where the average is $2,017 — 0% below the national figure.
What it earns
Long-term letting returns about 7% gross on the purchase price, 18th of 69 markets by gross yield. Measured against local earnings, the price-to-income ratio is 16.9 — that is how many years of an average local income one average home costs, and it says more about who can buy here than any price figure does.
How this figure is built
The price figure for Colombia comes from the source we judge most reliable for this market. It was last refreshed on 2026-07-23. We rate our confidence in this market’s data high: the underlying series is official and current. We recompute every market the same way; a figure that fails our checks is suppressed, not guessed.
Sources: GPG yields · globalpropertyguide.com · infobae.com · exchange-rates.org. Snapshot: 2026-07-23.
Related markets: Medellín