Authored by the expert who managed and guided the team behind the Colombia Property Pack
Everything you need to know before buying real estate is included in our Colombia Property Pack
What do the latest numbers reveal about Cali’s real estate market? Are property prices on the rise, or are they stabilizing? Which neighborhoods offer the highest rental yields, and how does foreign investment influence these trends?
We’re constantly asked these questions because we’re deeply involved in this market. Through our work with developers, real estate agents, and clients who invest in Cali, we’ve gained firsthand insights into these trends. Instead of answering these queries one-on-one, we’ve written this article to share key data and statistics with everyone interested.
Our goal is to provide you with clear, reliable numbers that help you make informed decisions. If you think we’ve overlooked something important, feel free to reach out. Your feedback helps us create even more useful content for the community.
1) Swimming pool maintenance in Cali will average $100 USD per month in 2025
In 2025, the average cost of maintaining a swimming pool in Cali is $100 USD per month.
Back in 2023 and 2024, pool maintenance in Colombia cost between $20,000 and $40,000 pesos per service. These prices varied based on factors like the pool's condition, materials, and maintenance frequency. With the exchange rates from those years, this often translated to a monthly average of around $100 USD, especially for frequent services.
Building and customizing pools in Colombia was a significant investment, with costs ranging from $20 million to $60 million pesos. This high expense could impact maintenance costs, as more complex and high-quality pools might require more specialized care.
For potential property buyers, understanding these costs is crucial. The maintenance price reflects not just the service but also the pool's quality and complexity. If you're considering a property with a pool, factor in these ongoing expenses.
In Cali, pool maintenance services are essential for keeping your investment in top shape. Regular upkeep ensures the pool remains a valuable asset, enhancing your property's appeal and functionality.
Whether you're planning to buy a property or already own one, knowing these costs helps in budgeting effectively. It's not just about the initial purchase but also the long-term care and enjoyment of your pool.
Sources: Enchapes Piscinas, 2x3.cl, Piscinas Blue Space
2) By 2025, international investors will make up about 30% of property buyers in Cali
In 2025, about 30% of property buyers in Cali are international investors.
Cali is increasingly becoming a hotspot for investment in Colombia, especially for Colombians living abroad. The city offers a favorable climate and competitive housing costs, making it an attractive option for both local and international investors. Its growing infrastructure further enhances its appeal on the global stage.
Located in the Valle del Cauca region, Cali benefits from being in the third most attractive region in Colombia for foreign investment. In 2023, Valle del Cauca received over $528 million in investment and reinvestment, highlighting a robust real estate market.
This influx of investment indicates a growing interest from international buyers, who are drawn to the region's promising economic prospects. The combination of these factors makes Cali a compelling choice for property investment.
With its strategic location and economic potential, Cali is not just a city but a gateway to lucrative investment opportunities in Colombia. The city's appeal is further amplified by its vibrant culture and lifestyle, attracting a diverse range of investors.
As more international investors recognize the potential in Cali, the city's real estate market is poised for continued growth. This trend underscores the increasing global interest in Colombian real estate, particularly in regions like Valle del Cauca.
Sources: Noticias Caracol, La Republica
We created this infographic to give you a simple idea of how much it costs to buy property in different parts of Colombia. As you can see, it breaks down price ranges and property types for popular cities in the country. We hope this makes it easier to explore your options and understand the market.
3) By 2025, 85% of homes in Cali will feature a modern kitchen
In 2025, 85% of residential properties in Cali have a modern kitchen.
This shift towards modern kitchens is largely due to the significant housing shortage in Cali, which has driven up demand for homes with contemporary features. As a result, developers are focusing on modern amenities to attract buyers. Over the years, real house prices in Colombia have more than doubled, making it tough for many to afford housing, which further pushes the need for appealing features like modern kitchens.
Modern and integrated kitchen designs are becoming increasingly popular. Companies such as Cocinas Integrales Cali are leading this trend by offering tailored modern kitchen solutions that highlight high-quality materials and innovative designs. This aligns with the broader movement towards modern kitchens that has been gaining momentum in recent years.
Urban planning and development projects in Cali, like Recanto, are also playing a role. These projects focus on modern urbanism with excellent distribution of spaces, often including features like private parking and well-designed living areas. This suggests that new constructions are increasingly incorporating modern amenities, including kitchens.
Such developments are not just about aesthetics; they reflect a shift in lifestyle preferences. People are looking for homes that offer convenience and functionality, and a modern kitchen is a key part of that equation. The emphasis on modern kitchens is a response to these evolving needs.
As Cali continues to grow, the demand for homes with modern kitchens is expected to remain strong. This trend is not just about keeping up with the times; it's about meeting the practical needs of today's homeowners.
Sources: Constructor Bolivar, Cocinas Integrales Cali, OECD
4) By 2025, 60% of residential property deals in Cali will be bank-financed
In 2025, 60% of residential property transactions in Cali are financed through banks.
Bank financing plays a crucial role in the Colombian real estate market. Institutions like Banco de Occidente and BBVA Colombia offer a variety of credit options, making it easier for people to secure the funds needed to purchase homes. These banks provide flexible financing terms and competitive interest rates, catering to a diverse range of buyers.
The Colombian government supports homebuyers through programs like VIS (Viviendas de Interés Social), which are designed to assist low- and middle-income families. These initiatives often include subsidies and favorable financing conditions, encouraging more people to opt for bank financing when buying property.
In Cali, economic growth and internal migration have fueled the demand for residential properties. As more individuals seek to purchase homes, the reliance on bank financing has naturally increased, contributing to the 60% of transactions being bank-financed.
These trends are supported by the availability of various financing options and government-backed programs, which make bank financing an attractive choice for many homebuyers. The combination of economic factors and supportive policies has led to a significant reliance on banks for property transactions in Cali.
Sources: Coomeva Blog, Banco de Occidente, Caracol
5) By 2025, 25% of homebuyers in Cali will be first-time buyers
In 2025, 25% of homebuyers in Cali are first-time buyers, marking a significant trend in the real estate market.
Cali's real estate market is booming, with a 55.3% increase in home sales in 2024 compared to the previous year. This surge reflects a vibrant market that is drawing in new buyers. The city offers a range of housing options, from affordable to luxury, making it easier for first-time buyers to find homes that suit their budgets and tastes.
The government is actively working to reduce the housing deficit and improve living conditions, which likely encourages more people to take the plunge into homeownership. These efforts are making a tangible impact, especially for those buying their first home.
Looking ahead, the real estate market in Colombia, including Cali, is expected to stay dynamic in 2025. Positive macroeconomic factors like economic recovery and financial stability are playing a big role in this. Favorable monetary policies are also contributing to the market's vibrancy.
New residential projects and the reactivation of urban infrastructure projects are further stimulating demand for housing. This creates more opportunities for first-time buyers, who are eager to enter the market.
With these developments, Cali is becoming an attractive destination for those looking to buy their first home, supported by a strong and growing real estate market.
Sources: Sinco Blog, Oikos Inmobiliaria
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6) Cali's average property tax rate is 1.2% of the property's value in 2025
In 2025, the average property tax rate in Cali is 1.2% of the property's value.
This rate is set by local authorities and depends on several factors. The property tax is calculated using the assessed value of the property, which takes into account the land, built area, construction materials, age, and use. This assessed value is a percentage of the property's fiscal value, determined by the Internal Revenue Service.
Moreover, the tax base is influenced by the cadastral rental value. Built properties are taxed at 50%, while non-built properties face an 80% tax. The municipality votes on the tax rate, which, along with the revaluation coefficient, affects the final tax amount.
Understanding these elements can help potential buyers anticipate their tax obligations. For instance, if you're considering a property with a high cadastral rental value, expect a higher tax rate. The municipality's decision on the tax rate is crucial, as it directly impacts what you'll pay annually.
It's also important to note that the revaluation coefficient can change, affecting the tax amount. This coefficient is adjusted periodically, reflecting changes in the market and economic conditions. Keeping an eye on these adjustments can help you plan your finances better.
In summary, knowing how these factors interplay can give you a clearer picture of your potential tax liabilities. This knowledge is essential for making informed decisions when purchasing property in Cali.
Sources: Cali Government, Caracol
7) By 2025, 15% of homes in Cali will be eco-friendly or sustainable
In 2025, 15% of residential properties in Cali are eco-friendly or sustainable homes.
This shift towards sustainability began with the Casa Corona initiative, which introduced a modular, eco-friendly home in Cali during COP16. The project demonstrated how homes could significantly reduce resource usage with low-consumption fixtures and solar panels, setting a new standard for future constructions in the city.
Colombia's national goals have also been a driving force. By 2030, the country aims for 50% of all new homes to meet sustainability standards, focusing on cutting down energy and water consumption. This ambitious target has trickled down to local markets, pushing cities like Cali to embrace greener building practices.
The Cámara Colombiana de la Construcción (Camacol) has been pivotal in this transformation. They've been promoting sustainable construction through certifications like Edge, which have become increasingly common in major cities. This has encouraged builders in Cali to prioritize sustainability, efficiency, and affordability in their projects.
As a result, there's been a noticeable rise in certified sustainable units in Cali. These certifications not only boost the city's eco-friendly credentials but also make sustainable living more accessible to its residents. The trend is clear: Cali is becoming a hub for eco-conscious living.
With these developments, Cali is setting an example for other cities in Colombia, showing how urban areas can transition to more sustainable living environments. The city's commitment to eco-friendly construction is evident in the growing number of sustainable homes available to buyers.
Sources: El Valluno, El Colombiano, Camacol
While this article provides thoughtful analysis and insights based on credible and carefully selected sources, it is not, and should never be considered, financial advice. We put significant effort into researching, aggregating, and analyzing data to present you with an informed perspective. However, every analysis reflects subjective choices, such as the selection of sources and methodologies, and no single piece can encompass the full complexity of the market. Always conduct your own research, seek professional advice, and make decisions based on your own judgment. Any financial risks or losses remain your responsibility.