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The average house price in Antioquia as of September 2025 is COP 5.56 million per square meter (approximately $1,050), while apartments average COP 6.32 million per square meter ($1,200).
Antioquia's property market has experienced significant growth over the past five years, with prices rising 30-40% since 2020 and doubling in premium neighborhoods like El Poblado and Laureles over the past decade. The market offers diverse opportunities ranging from budget-friendly apartments in Bello starting at $80,000 to luxury properties in El Poblado commanding up to $400,000 for apartments and $900,000 for premium houses in areas like El Peñol.
If you want to go deeper, you can check our pack of documents related to the real estate market in Colombia, based on reliable facts and data, not opinions or rumors.
Antioquia's residential property market shows strong performance with apartment prices averaging $1,200 per m² and houses at $1,050 per m².
The market offers excellent opportunities across all price ranges, from budget properties under $100,000 to luxury investments exceeding $900,000.
| Property Type | Average Price Range (USD) | Price per m² (COP) |
|---|---|---|
| Budget Apartments (Bello, Itagüí) | $80,000 - $100,000 | Below 6 million |
| Mid-range Apartments (Laureles) | $150,000 - $200,000 | 7 million |
| Luxury Apartments (El Poblado) | $300,000 - $400,000 | 11-12 million |
| Family Houses (Envigado) | $250,000 - $350,000 | 7.6 million |
| Luxury Houses (El Peñol) | $200,000 - $900,000+ | 11.5 million |
| Rural Estates (Rionegro) | $400,000+ | 6.8 million |
| Investment Properties (Sabaneta) | $200,000 - $350,000 | Variable |
What's the current average house price in Antioquia?
As of September 2025, the average house price in Antioquia is COP 5.56 million per square meter, which equals approximately $1,050 per square meter.
Apartments command slightly higher prices at COP 6.32 million per square meter ($1,200), reflecting the strong urban demand in Medellín and surrounding metropolitan areas.
These prices represent the median values across all property types and locations within Antioquia, from budget-friendly options in peripheral municipalities to luxury properties in premium neighborhoods.
The Antioquia residential market has shown consistent growth, with prices stabilizing after significant increases over the past five years.
It's something we develop in our Colombia property pack.
How do prices differ between apartments, houses, and luxury properties?
Apartments in Antioquia are priced approximately 15% higher per square meter than houses, averaging $1,200 versus $1,050 per m².
This price differential reflects urban demand patterns, with apartments concentrated in desirable city centers like Medellín's El Poblado and Laureles neighborhoods.
Luxury properties command premium pricing, with high-end apartments in El Poblado reaching COP 11-12 million per m² ($2,000-$2,200), while luxury lakeside homes in Guatapé and El Peñol can exceed COP 11 million per m².
Budget properties offer significant value, with small apartments in areas like Bello or Itagüí available for $80,000-$100,000, while modern apartments in Laureles range from $150,000-$200,000.
Family homes in Envigado typically cost $250,000-$350,000, and rural estates in Rionegro start from $400,000.
What are the price ranges in the most expensive, up-and-coming, and budget-friendly areas?
| Area Category | Location | Price Range (USD) |
|---|---|---|
| Most Expensive | El Poblado (Luxury Apartments) | $300,000 - $400,000 |
| Most Expensive | El Peñol (Luxury Houses) | $200,000 - $900,000+ |
| Most Expensive | Envigado (Premium Properties) | $250,000 - $350,000 |
| Up-and-Coming | Sabaneta | $200,000 - $350,000 |
| Up-and-Coming | La Estrella | $180,000 - $280,000 |
| Up-and-Coming | Robledo | $120,000 - $200,000 |
| Budget-Friendly | Bello | $80,000 - $120,000 |
| Budget-Friendly | Itagüí | $80,000 - $100,000 |
| Budget-Friendly | La América | Under $100,000 |
How do average prices vary across different towns or neighborhoods in Antioquia?
Medellín apartments average COP 6.48 million per m², making them slightly above the regional average, while Envigado commands premium pricing at COP 7.59 million per m².
Rionegro apartment prices reach COP 6.83 million per m², reflecting its growing importance as a business and airport hub.
Guatapé houses average COP 7.85 million per m², driven by tourism and lakeside property demand, while El Peñol houses command the highest prices at COP 11.47 million per m² due to luxury lakefront properties.
Peripheral municipalities like Bello and Itagüí offer more affordable options, typically priced 30-40% below Medellín averages.
The price variation reflects factors including proximity to Medellín, infrastructure quality, tourism appeal, and local economic development.
What's the price difference per square meter for various property sizes?
Larger luxury properties typically command higher prices per square meter due to premium amenities and prime locations.
Entry-level properties under 50 m² in peripheral areas show the lowest price per m², often below COP 5 million ($950).
Mid-sized properties between 50-100 m² in central locations average COP 6-7 million per m² ($1,140-$1,330).
Premium properties exceeding 150 m² in luxury neighborhoods can reach COP 11-12 million per m² ($2,100-$2,280).
The size premium reflects not just space but also associated luxury features, better locations, and exclusive amenities that larger properties typically offer.
What's the total cost to buy, including fees, taxes, and other expenses?
Legal, notary, and registration fees each cost approximately 1-1.05% of the property value, with costs typically split between buyer and seller.
Notary fees are fixed at typically less than COP 1 million, while title and contract fees add approximately COP 2 million to the transaction.
Real estate agent commissions range from 3-5% of the sale price, typically paid by sellers.
Annual property tax ("impuesto predial") ranges from 0.3-1.5% of the cadastral value, while HOA fees range from $50-$400 monthly depending on amenities.
Monthly utilities for apartments typically cost $100-$150, making the total ownership costs beyond purchase price relatively manageable compared to many international markets.
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How have prices changed compared to one year ago and five years ago?
Property prices in Antioquia have increased 3-7% over the past year, with apartments rising 2-3% in most areas and some locations like Guatapé and Robledo experiencing growth up to 10%.
Compared to five years ago in 2020, current prices are 30-40% higher across most property types and locations.
Over the past decade, prices in top neighborhoods like El Poblado and Laureles have doubled, representing 150-200% increases since 2015.
This growth pattern reflects Colombia's economic stability, increased foreign investment, and Antioquia's emergence as a major business and tourism destination.
The price appreciation has been particularly strong in luxury and tourism-focused areas, while budget neighborhoods have seen more moderate but consistent growth.
What's the forecast for prices in one year, five years, and ten years?
Property prices in Antioquia are expected to increase 3-7% in 2026, representing a stabilization from the explosive growth of recent years.
Over the next five years, strong areas are projected to see annual growth of 5-8%, with tourism zones potentially experiencing higher appreciation rates.
The ten-year outlook suggests above-inflation growth in premium, luxury, and tourism segments, with technology-enabled and environmentally sustainable properties expected to outperform the market average.
Market fundamentals supporting continued growth include ongoing infrastructure development, increasing international recognition, and Colombia's improving business climate.
It's something we develop in our Colombia property pack.
We did some research and made this infographic to help you quickly compare rental yields of the major cities in Colombia versus those in neighboring countries. It provides a clear view of how this country positions itself as a real estate investment destination, which might interest you if you're planning to invest there.
How does the cost of buying in Antioquia compare with other similar major cities?
Antioquia property prices match or slightly exceed Bogotá, with median apartment prices of COP 6.3 million/m² compared to Bogotá's COP 6.4 million/m².
Cali and Valle del Cauca offer significantly more affordable options at COP 3.7 million/m², representing approximately 60% of Antioquia's values.
Cartagena in Bolívar commands prices slightly below Antioquia but remains competitive due to its coastal location and tourism appeal.
Compared to other South American cities, Antioquia offers excellent value, with prices substantially lower than Santiago, Buenos Aires, or São Paulo while providing similar urban amenities.
The pricing positions Antioquia as a premium Colombian market while remaining accessible compared to major international cities.
What are example purchase prices for typical properties right now?
Current market listings show apartments in Laureles priced between $150,000-$200,000 (COP 640-850 million), representing excellent value in this established neighborhood.
Luxury apartments in El Poblado range from $300,000-$400,000 (COP 1.2-1.6 billion), offering premium urban living with full amenities.
Family houses in Envigado typically cost $250,000-$350,000 (COP 1-1.4 billion), providing suburban lifestyle with city access.
Budget-conscious buyers can find small apartments in Bello for $80,000-$100,000 (COP 320-400 million), ideal for first-time buyers or rental investments.
Rural properties offer unique opportunities, with fincas in Guatapé ranging $250,000-$350,000 (COP 1-1.4 billion) and luxury houses in El Peñol reaching up to $900,000 (COP 3.5 billion).
What are the best options if you want to live in the property, rent it short-term, rent it long-term, or buy to resell later?
1. **For Living:** Laureles, Envigado, and classic Medellín suburbs offer the best lifestyle combination of walkability, safety, and urban amenities2. **Short-term Rental:** El Poblado, central Medellín, and tourist towns like Guatapé and Rionegro provide optimal Airbnb opportunities with yields up to $9,000 monthly3. **Long-term Rental:** Laureles, Sabaneta, Itagüí, and budget areas deliver consistent 6-8% gross rental yields with stable tenant demand4. **Buy-to-Resell:** Sabaneta, La Estrella, emerging areas of Laureles, and rural developments offer the highest capital appreciation potential5. **Mixed Strategy:** Properties in up-and-coming areas like Robledo provide flexibility for both rental income and future resale valueGiven today's market conditions, what are the smartest property choices?
Modern apartments in up-and-coming areas like Sabaneta, Robledo, and La Estrella represent the smartest investments, offering high appreciation potential with lower acquisition costs.
Technology-equipped and green-certified properties consistently outperform market averages and appeal to discerning tenants and buyers.
Premium urban neighborhoods like El Poblado and Envigado provide wealth preservation, excellent lifestyle, and moderate but reliable appreciation.
Tourism-focused rural luxury properties in Guatapé, El Peñol, and Rionegro offer the best combination of short-term rental income and long-term appreciation potential.
Budget areas like Bello and Itagüí deliver high rental returns but may experience lower appreciation, making them ideal for income-focused investors rather than capital growth strategies.
It's something we develop in our Colombia property pack.
Conclusion
This article is for informational purposes only and should not be considered financial advice. Readers are advised to consult with a qualified professional before making any investment decisions. We do not assume any liability for actions taken based on the information provided.
Antioquia's property market offers compelling opportunities across all price segments, from budget-friendly investments under $100,000 to luxury properties exceeding $900,000.
The market's combination of steady price appreciation, attractive rental yields, and diverse options makes it an excellent choice for both lifestyle and investment purposes in 2025.
Sources
- The Latinvestor - Antioquia Price Forecasts
- The Latinvestor - Antioquia Property
- Realtor.com International Colombia
- Medellin Guru Real Estate
- Medellin Advisors - Notarial Costs
- The Latinvestor - Property Investment Antioquia
- BBVA Research Colombia Real Estate Outlook 2025
- Global Property Guide Colombia Price History