A studio apartment can cost more than a complete property in Valle del Cauca.
News Colombia.
Living for rent has always been the most practical alternative for many Bogota residents. However, when talking about the most exclusive areas of the capital, the figures leave anyone with their mouths open: a single house can cost up to $99 million monthlyand that’s not counting administration costs.
These high-flying rentals do not stand out precisely for their size, but for the experience they offer: comfort, privacy and an enviable location. In this luxury segment, what you pay for is not the square meters, but the lifestyle.
The neighborhoods where luxury is not improvised
Rosales, El Nogal, Chicó Norte, La Cabrera, Seminario, Santa Bárbara, Country Club and La Carolina make up the golden map of Bogota rentals. In these sectors, the buildings have private gyms, home theater, terraces with city views, jacuzzi, sauna and 24-hour security.
In addition, they are close to embassies, exclusive clubs, international schools and financial areas. It is not unusual to bump into each other in the elevator. foreign diplomats, businessmen or senior executiveswho are looking for residences with standards similar to those of cities like Madrid or Miami.
Related: The most expensive square meters in Colombia: neighborhoods where only a few can live
According to platforms like Fincaraizthe rise in interest rates and the shortage of supply of own homes have boosted the rental market. But not just any lease: the premium segment It is today one of the most dynamic. In Bogotá and Medellín, monthly prices range between $15 and $99 milliondepending on the location and type of property.
The most coveted properties are the penthouses and country houses that exceed 1,500 m², equipped with all the luxuries imaginable. They are residences designed for those seeking comfort, security and prestige without worrying too much about the cost.
Luxury stopped being just a sign of status and became a form of investment and well-being. Industry experts assure that the growth of this market is due to the international demand, the arrival of foreign professionals and the expansion of global businesses.
Today, the Colombian capital is beginning to compare itself with other high-level metropolises, such as Mexico City, Madrid or Miami. In Bogotá, living well is expensive… but for some, every peso is worth it if it guarantees comfort, privacy and a prestigious address.
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