Zuluaga
Antioquia
Colombia
Details
| Area | Medellín |
| Sub Area | Patio Bonito |
| State/Province | Antioquia |
| Country | Colombia |
| Price | COP 9,000,000,000 |
| Property Type | House |
| Bedrooms | 3 |
| Bathrooms | 1 |
| Floor Space | 649 m² |
| Lot Size | 475.00 m² |
| Year Built | 1995 |
| Parking | No parking |
| Parking Spaces | 0 |
| Monthly Assessment | $0 |
| Taxes | $20,700,000 |
| Tax Frequency | Annual |
| MLS® # | 269044 |
Commercial property located in Patio Bonito, in a strategic and high-traffic commercial area, currently generating rental income through various businesses. The property has five rentable units, including retail spaces, a restaurant, an office, and deck areas, with current monthly rents representing $43.83 million and a potential income of approximately $55.83 million per month, considering tentative rents. This equates to a potential annual income of $669.96 million. The property presents an approximate gross annual return of 7.44%, before expenses, taxes, administration, maintenance, and any vacancy periods. Considering only current rents, the gross annual return is approximately 5.84%. The property is located within the Astorga-Patio Bonito urban transformation zone, where planning instruments include mechanisms for joint management and land integration for certain developments.
Location
About
In the competitive real estate market of Medellín and the Aburrá Valley, my commitment is to offer exceptional service in the sale and appraisal of properties. With a strong academic background and years of experience in the sector, I specialize in understanding the unique needs of each client, providing personalized advice and effective strategies to maximize the value of their investments.
My deep knowledge of the local market, combined with a professional and ethical approach, ensures that every transaction is carried out transparently and efficiently. Whether you are looking to buy, sell, or appraise a property, I am here to guide you through every step of the process, ensuring that you make informed and accurate decisions.
Trust an expert who not only knows the market but also cares about your goals. Together, we will make your real estate dreams a reality.
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