1.Request Investment Summary 2. Schedule Private

Medellin Development Opportunity Zoned For 10 Stories

Medellin Development Opportunity Zoned For 10 Stories Medellin Development Opportunity Zoned For 10 Stories Medellin Development Opportunity Zoned For 10 Stories

Medellin Development Opportunity Zoned For 10 Stories

Medellin Development Opportunity Zoned For 10 Stories Medellin Development Opportunity Zoned For 10 Stories Medellin Development Opportunity Zoned For 10 Stories

1.Request Investment Summary 2. Schedule Private

Prime redevelopment site with income potential in one of Medellin's most established and high demand residential corridors.

Offered at $475,000 USD

Offered at $475,000 USDOffered at $475,000 USDOffered at $475,000 USD
View the possibilities

Prime redevelopment site with income potential in one of Medellin's most established and high demand residential corridors.

Offered at $475,000 USD

Offered at $475,000 USDOffered at $475,000 USDOffered at $475,000 USD
View the possibilities

WELCOME TO MEDELLING CASA 4 SALE

INVESTMENT HIGHLIGHTS

 

  • Zoned for 10-story development 
  • Configured for 9 residential units + 1 commercial space 
  • Corner lot with strong street presence and accessibility 
  • Lot size: 238 m² 
  • Existing construction: ~350–374 m² 
  • Located in Belén El Nogal – Los Almendros 
  • Strong demand for rental and multi-family housing 
  • Ideal for developer, investor, or value-add buyer

THE OPPORTUNITY

 

This property represents a rare opportunity to acquire a strategically located redevelopment site in Medellín’s growing west corridor.

The combination of:

  • zoning flexibility 
  • corner positioning 
  • established residential surroundings 

creates a compelling case for multi-unit residential development, mixed-use conversion, or long-term hold with rental income.

Unlike typical listings, this asset offers both immediate utility and long-term upside.

LOCATION OVERVIEW

 

Situated in Belén El Nogal - Los Almendros, one of Medellín’s most stable and desirable residential neighborhoods.

Key Location Advantages:

  • Established middle and upper-middle class area 
  • Close proximity to major transportation corridors 
  • Easy access to Laureles and central Medellín 
  • Strong local demand for long-term rentals 
  • Walkable, livable neighborhood environment 

👉 This is not a speculative location—it is a proven, in-demand residential market

DEVELOPMENT POTENTIAL

 

The property’s zoning allows for:

  • Up to 10 floors of vertical construction 
  • Multi-unit residential configuration 
  • Ground-floor commercial use 

Conceptual Use Case:

  • 9 apartments (long-term or short-term rental) 
  • 1 retail/commercial unit 
  • Modern mid-rise development 

👉 This positions the property as a true infill development opportunity in a built-out neighborhood

FINANCIAL & INVESTMENT POSITIONING

 

This asset is priced to reflect both:

  • current use value 
  • future development upside 

Key Considerations:

  • Competitive price per square meter vs nearby inventory 
  • Increasing land scarcity in established neighborhoods 
  • Growing demand for vertical housing in Medellín 
  • Strong rental fundamentals 

👉 The investment case is driven by land value + zoning + location

PROPERTY DETAILS

 

  • Lot Size: 238 m² 
  • Built Area: ~350 m² 
  • Configuration: Single-family structure (convertible) 
  • Zoning: Multi-story residential / mixed-use 
  • Position: Corner lot

IDEAL BUYER PROFILE

 

This opportunity is best suited for:

  • Real estate developers seeking mid-scale projects 
  • Investors pursuing value-add opportunities 
  • Buyers looking to convert to multi-unit rental property 
  • International investors entering the Medellín market

WHY MEDELLÍN

 

Medellín continues to attract global attention due to:

  • Favorable cost basis compared to U.S. markets 
  • Strong rental demand from locals and expats 
  • Ongoing urban development and infrastructure investment 
  • Increasing international buyer interest 

👉 This creates a compelling environment for capital appreciation and income generation.

CONTACT / CALL TO ACTION

 

Serious inquiries only

Request additional information, zoning documentation, or schedule a private showing:

  • WhatsApp: (314) 541-6429 
  • Email: BillDavisGRI@aol.com

Direct-to-owner transaction. No intermediary markups.

FORT VALENCIA - BELEN EL NOGAL - LOS ALMENDROS

Take a look at our property.

LOCATION

CURRENT PROPERTY CONDITION

    BEDROOMS/BATHROOMS

    Cozy bedroom with a Paris-themed bedspread and natural light from a large window.
    Cozy bedroom with colorful geometric bedding and a large window letting in natural light.
    Cozy bedroom with a tufted headboard and colorful bedding.
    Bright bedroom with colorful bedding and wooden ceiling.
    Cozy bedroom with a floral bedspread, black tufted headboard, and floor lamp.
    Minimalist bedroom with a neatly made bed and an inspirational wall sign.

    TWO KITCHENS/ONE ON EACH LEVEL

      TERRACE/LIFESTYLE

      Covered hot tub with string lights in a tiled outdoor patio at night.
      Covered patio with a hot tub, cushioned chairs, and a barbecue grill.
      Two women enjoying a bubbly hot tub in a lush outdoor setting.
      A bubbling hot tub with glowing lights under a canopy at night.

      APPROPRIATE PHYSICAL AND ELECTRONIC SECURITY MEASURES

      CCTV image of a yellow taxi near a stop sign on a quiet street corner.
      Outdoor garden area beside a building with a tree and street visible.
      Outdoor view of a sidewalk and road with trees and a fence.

      REAL ESTATE COOPERATING AGENT TERMS

      Compensation

      At closing, we will pay a commission of 6% on a settled full price transaction that concludes in 21 days. Esto equivale a $102.000.000 pesos colombianos. For those interested in a Medellin real estate investment, the home is offered at $475,000 USD unfurnished in the desirable Laureles neighborhood. A buyer wanting to purchase the home furnished, which includes the 2022 Mazda CX-9 with mileage of 8,001 miles plus the 2023 Royal Enfield Meteor, can do so for $545,612.69 USD. This is a fantastic DEAL in an area with 42 active multi-family projects ongoing or completed since March 2025.

      FINANCIALS

      Fort Valencia

      Neighborhood: Belén El Nogal – Los Almendros (Estrato 5) offers a prime location for those interested in Medellin real estate investment. This corner lot spans 238 m² and features a built area of 350 m², perfect for a bifamiliar house. With zoning allowing for up to 10 floors, there is potential for 9 apartments along with 1 commercial unit, making it an attractive option for a Medellin house for sale. The property is located just a short distance from the vibrant areas of Laureles and Poblado. Age: 20+ years.

      📊 Market Benchmarks (2025-2026)

      1️⃣ Residential House Value (Current Use) in Belén El Nogal / Los Almendros: 


      Houses in this area typically trade at $109 – $148 USD per sq ft (built area), depending on their condition. For example, the Fort Valencia 350 with a built area of 3,767 sq ft might be valued as follows: 


      3,767 sf × $113–$136 sf ≈ $427,000 – $512,000 USD. 


      This price range reflects what a family buyer might pay for the house as-is, which could also be a great opportunity for a Medellin real estate investment. Additionally, for those exploring options, there are various Medellin house for sale listings in neighborhoods like Laureles and Poblado that might pique interest.

      2️⃣ Developer / Land Value (Highest & Best Use)

      Because: 


      Zoned to allow 10 floors 


      Zoned to permit the construction of 9 apartments plus 1 retail space, Fort Valencia is strategically located on a corner lot near Laureles and key commercial nodes in Medellin. 


      Developers often assess land in this zone based on project profitability rather than house size, which is a crucial aspect for Medellin real estate investment. 


      In comparable areas along the edge of Belén and Laureles: 


      Redevelopment lots are generally priced between $176 and $226 per sq ft of land, with corner lots that have mixed-use rights sometimes fetching even higher prices. 


      So: 


      2,562 sq ft × $176 - $226 per sq ft 


      ≈ $451,000 - $579,000 USD, making this a promising option for anyone searching for a Medellin house for sale in a desirable location like Poblado.

      SITE VISITS REQUIRES PROOF OF FUNDS

      Cash Buyers Welcome!

      Remember, in Colombia, there is no licensing required for real estate activities. We strongly encourage anyone interested in Medellin real estate investment to explore the area surrounding this property. The sheer volume of ongoing redevelopment projects is amazing. 

      Medellin Casa for Sale

      Diagonal 75B #32a 2b 06, Medellín, Medellin, Antioquia, Colombia

      WhatsApp (314) 541-6429 Proof of bank financing or liquid capital required for property tour!

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