As an expat in Colombia, you’re standing at the threshold of one of the most promising and profitable investment markets out there. It’s essential to navigate this landscape with the proper knowledge and expert guidance, and that’s precisely what you’ll find at the LUMEN Real Estate Investment Forum in Medellín, where you’ll gain access to invaluable insights from seasoned professionals who will address all your questions and concerns. This is your chance to explore an incredible investment opportunity that could transform your financial future.
Don't miss out on this invite to discover how to make the most of your money, time, and efforts. Embrace this opportunity—it's all within your reach!
LUMEN Foro de Inversión Inmobiliaria
How does the event take place in Medellin, Colombia, and why was it created?
The LUMEN Real Estate Investment Forum originated from the need to provide an educational and networking space for investors, both local and foreign. According to the event organizers, this forum seeks to empower participants through clear and accessible information, providing a historical context on the growth of the real estate sector in Colombia. With a focus on transparency and trust, the event establishes itself as a reliable platform for those seeking to understand the market better.
Reasons to attend LUMEN Real Estate Investment Forum as an expat in Colombia
As the global landscape evolves, Colombia has become an attractive destination for real estate investment, especially for expatriates seeking new opportunities. The LUMEN Real Estate Investment Forum offers a unique platform for individuals to explore the nuances of the Colombian market, network with industry experts, and gain insights into investment strategies tailored for foreign investors. In this context, we will discuss compelling reasons why attending this forum is not only beneficial but essential for expatriates looking to navigate the dynamic real estate landscape in Colombia.
1. Advantages of investing in Colombia as a foreigner
Colombia has established itself as an attractive destination for foreign investment, thanks to its growing economy, cultural diversity, and strategic location in Latin America. Investing in this country offers expatriates a range of unique advantages that can translate into significant opportunities. The possibilities are abundant, from access to an expanding market to tax incentives and a rising demand in sectors like real estate and tourism. In the following sections, we will explore the key benefits of investing in Colombia as a foreigner, highlighting why this country is a viable and promising option for international investors:
Credit Beneficiary
The public and private sectors have implemented mechanisms to facilitate housing acquisition from foreign investors. For example, some bank entities such as Bancolombia and Davivienda have allowed flexible options to make your investment safer, quickest, and easiest to understand.
In the case of Bancolombia, the benefit applies to foreigners married to a Colombian or people who meet the first degree of consanguinity. If any of them does not reside in a country authorized for sale, a relative in Colombia may take the credit, and 40 percent of the drafts received in the last three months will be considered additional income. Through this entity, the whole process is virtual. The credit application with Davivienda must be made to an authorized broker in the city or country of residence.
In addition, PropTech platforms such as La Haus or Habi facilitate the purchase of homes from overseas by providing a clear list of requirements that must be met.
Competitive interest rates that facilitate investment in the Colombian real estate market.
A great advantage for foreigners who want to invest abroad is the exchange rate. Earning in dollars or euros and investing in Colombian pesos represents an excellent business opportunity, with an average exchange rate of 4,000 pesos for both currencies.
Recently, the dollar has shown an upward trend; as a result, investors who handle this currency can access properties in Colombia at lower prices than in other markets. Furthermore, the Finca Raíz portal has pointed out that property prices in dollars have remained relatively stable in the Colombian market. This stability, combined with a growing local economy, has made Colombia an even more attractive destination for foreign investors. Consequently, the ability to acquire properties at competitive prices within this thriving economic environment serves as a key factor for those seeking to diversify their wealth.
That’s why you can’t miss LUMEN, the event that will help you gain knowledge and expertise by sharing experiences and topics that will make you the most of your business and investment aspirations in Real Estate.
LUMEN Foro de Inversión Inmobiliaria
Competitiveness of Colombia
Housing prices in Colombia are highly competitive compared to other international markets. The cost of living in the country is significantly lower than in nations such as the United States or Spain, making it a great option for foreign pensioners who receive income in other currencies.
According to Camacol, other advantages, such as access to affordable private health insurance, climatic diversity, gastronomic richness, and local hospitality, make Colombia compete successfully with destinations such as Costa Rica, Mexico, Panama, and Ecuador. In fact, Bogota continues to have one of the lowest average values per square meter in Latin America: US$1,295. According to a study by the Centro de Investigación en Finanzas (CIF) of the Universidad Torcuato Di Tella, it is only surpassed by Quito (US$1,195).
2. Alternatives for investing in real estate in Colombia
Investing in housing in Colombia offers an excellent opportunity to capitalize on economic growth and participate in a real estate market with great potential. One of the main advantages is the diversification of the investment portfolio, protecting against inflation and benefiting from the long-term appreciation of real estate. Furthermore, housing investment in Colombia presents several interesting and profitable business models in addition to the traditional leasing and buying and selling of real estate, such as short-term rentals, which allow you to generate higher profits by leasing your property for shorter periods of time.
Colombian real estate offers attractive returns through sale and purchase or leasing, especially in areas of high tourist and business demand such as Medellín, which benefits from platforms such as Airbnb and Booking. According to Airbnb’s latest study on short-term rentals in Colombia, in 2021, short rentals in Colombia generated revenues of more than $899 million, representing almost 15% of the country’s tourism activity and creating more than 64,000 jobs in sectors such as gastronomy and transportation.
With approximately 120,000 properties listed as short-term rentals, Colombia has emerged as a key destination for tourists. In 2023, it ranked third in Latin America for short-term rental earnings, and according to ASOHOST, the Colombian Association of Tourism Service Providers through Digital Platforms has positioned the country as number 14 worldwide in short-term rentals for 2024 and projects a 7% growth for 2024, being Medellín, known for its innovation, sustainability, and high quality of life, which remains a major attraction for international investors.
Furthermore, Colombia’s real estate market is supported by policies that promote foreign investment, a robust legal framework, and increasing interest from the Colombian diaspora. In 2023, foreign investment grew by 16%, further boosting confidence in the country’s real estate sector.
In general terms, the Colombian market offers several advantages, such as a constantly growing market, competitive prices compared to other global cities, and high appreciation potential. In 2023, real estate appreciated by 4.51%, and home sales and purchases are expected to grow by 6.6% in 2024, consolidating Colombia as a safe and profitable destination for real estate investment with serious alternatives for investing in Real Estate.
3. New potential markets for foreign investors
One of those is Real Estate Securities Market is becoming an accessible reality for both local and international investors. According to Jimena Maya, Strategy, Innovation, and Communications Manager at Pei Asset Management, this investment alternative is gaining traction as one of the most promising markets for foreign investors.
One attractive option for investors is the real estate investment trust (REIT) market, which allows individuals to own a share of a diverse portfolio of real estate assets. Moreover, this model offers geographic and category diversification, as well as exposure to a variety of tenants, making it an appealing choice. Notably, investors can access a high-quality portfolio of properties for as little as 100,000 COP (26 USD). In addition, many of these properties hold sustainability certifications, which further enhances their attractiveness.
Furthermore, this investment model has been popular globally since the 1960s in the U.S. and has since expanded throughout Latin America, including Colombia. As a result, international investors can participate through the Bolsa de Valores de Colombia (BVC), often investing in indices like the COLCAP, which comprises various real estate assets. Consequently, this access simplifies entry into Colombia’s growing real estate market for global investors.
4. Expert Minds to Help You Explore the Real Estate Market
Navigating the real estate market can be a complex and challenging journey; consequently, it’s essential to be guided, advised, and inspired by experts in the field. At this event, you will have the unique opportunity to learn from ten industry professionals who will share their invaluable insights through keynote speeches and specialized sessions. Furthermore, their expertise will not only deepen your understanding of the real estate landscape but will also equip you with the knowledge and confidence to make informed investment decisions in today’s evolving market. Below, you will find additional information about these experts:
Lisandro León Liguori
An innovative luxury-focused hotel group that includes AKEN Hotels & Resorts among its brands.
Nicolás Pérez
Ana María Estrada
Esteban Posada
Over 20 years of experience in the financial sector. Former National Manager of the Construction Segment at Scotiabank Colpatria. Partner at Estructuras y Desarrollos S.A. (Real Estate Developer) and Consulting Partner at Vínculo Consulting.
Juan José Aramburo
Leading an innovative vision in the Colombian real estate sector since 2012. Based in Medellín, he promotes developments that combine hospitality and sustainability, such as Wake, the first carbon-neutral project in the city, among others.
Luis Restrepo
Daniel Toro
With over 12 years of experience in the venture capital industry, leading successful investments in sectors like foodtech, fintech, proptech, and more, I channel investments into the real estate sector and startups.
David González
Extensive experience in financial and wealth management. Has supported major investments in Colombia and the USA.
Juan Fernando Vélez
Alejandro Uribe
Daniel Jaramillo
Visionary leader in real estate investment and management, innovation, and excellence. Co-founder of SP Developments.
Nicolás Rodríguez
Investment Director at ACI Medellín, leading the investment attraction strategy for the region, with over 10 years of experience in entrepreneurship and innovation projects, international business, foreign direct investment, and global marketing in entities like Procolombia, Ruta N, and Innpulsa.
Sergio Mejía
Jaime Aristizábal
With years of experience in guiding foreigners through immigration processes, real estate investments, and business creation, Jaime has built expatgroup.co into a trusted resource for those looking to establish their lives in Colombia.
Isabella Wuman
Pablo Tirado
Business Administrator, and Finance Specialist with 11 years of experience in the construction and banking sectors. Through 360Lateral, he is transforming the industry with disruptive solutions, driving new real estate developments and asset management.
Estefanía Correa
Business Engineer from EIA; expert in retail commercial management of local businesses.
Mateo Castrillón
Co-Founder of Man& Obra. Industrial Engineer, specialized in hotel real estate project management.
Juan Saldarriaga
Co-Founder of Man& Obra. Industrial Engineer, specialized in hotel real estate project management.
Check out the Schedule for LUMEN Real Estate Investment Forum
Get ready for the event and schedule your topics of personal interest in advance. Here is the complete agenda of activities and panels. You can’t miss it.
Event Conference Workshop Networking Itinerary
Welcome Event: Friday 15th
20:30-22:00 Networking Kickoff
Main Event: Saturday 16th
7:30-8:00 Welcome and Opening Remarks
8:00-8:40 Panel: Short-Term Investment Trends
8:40-9:20 Panel: Long-Term Investment Trends
9:20-9:40 Break
9:40-10:20 Panel: Sports and Music – Investing with Passion
10:20-11:00 Discussion: Alternative Investment Options
11:00-11:40 Panel: Financing Sources
11:40-12:20 Panel: Sustainable Tourism
12:20-13:00 Panel: Industry 4.0 in Real Estate
13:00-14:00 Lunch Break
14:00-14:30 ESG Sustainability
14:30-15:00 Attracting Foreign Investment
15:00-15:30 Asset Management
15:30-16:00 Break
16:00-16:30 Investing in U.S. Multifamily Real Estate
16:30-17:30 Battle Pitch: Project Showcase
18:00-23:00 Closing Networking Session
Morning Activities
7:30-8:00 Welcome and Opening Remarks
8:00-8:40 Panel: Short-Term Investment Trends
8:40-9:20 Panel: Long-Term Investment Trends
9:20-9:40 Break
9:40-10:20 Panel: Sports and Music – Investing with Passion
10:20-11:00 Discussion: Alternative Investment Options
11:00-11:40 Panel: Financing Sources
11:40-12:20 Panel: Sustainable Tourism
Afternoon Activities
12:20-13:00 Panel: Industry 4.0 in Real Estate
13:00-14:00 Lunch Break
14:00-14:30 ESG Sustainability
14:30-15:00 Attracting Foreign Investment
15:00-15:30 Asset Management
15:30-16:00 Break
16:00-16:30 Investing in U.S. Multifamily Real Estate
16:30-17:30 Battle Pitch: Project Showcase
Evening Activities
18:00-23:00 Closing Networking Session
How To Access To The Event?
Explore how to join LUMEN and secure your spot at this vital investor event.
Don’t miss out on workshops, keynote speeches, and panel discussions that tackle the latest trends and challenges in the investment landscape. Register now to ensure your place at this essential event and be part of shaping the future of investing.
LUMEN Foro de Inversión Inmobiliaria
Frequently Asked Questions about LUMEN Real Estate Investment Forum in Medellín, Colombia
The LUMEN Real Estate Investment Forum is a premier event designed to bring together local and international investors interested in exploring the potential of Colombia’s real estate market. It offers a platform for participants to learn from industry experts, engage in insightful discussions, and connect with professionals in the real estate sector.
The event will be held on November 16, from 7:00 AM to 11:00 PM, at Cl 10A #34-11 Medellín, Antioquia, Colombia.
The forum is ideal for expatriates, foreign investors, and anyone interested in learning about Colombia’s real estate market. Whether you’re looking to make your first investment or expand an existing portfolio, this event offers essential insights and expert guidance to help you make informed decisions.
At the LUMEN forum, you’ll hear from 10 leading experts who will cover a variety of topics, including real estate investment trends, financing options, sustainable tourism, and alternative investment strategies. These insights are tailored to help both local and international investors understand and navigate the real estate market in Colombia.
Colombia has become an increasingly attractive destination for foreign investors due to its growing economy, strategic location in Latin America, competitive real estate prices, and favorable investment policies. The country offers strong returns on investment, particularly in the real estate and tourism sectors.
Yes, international investors can easily participate in Colombia’s real estate market. The country has policies that encourage foreign investment, a solid legal framework to protect property ownership, and access to financing options through local banks. Additionally, there are platforms like the Bolsa de Valores de Colombia (BVC) that facilitate investment in real estate securities (REITs).
As an expat, attending the LUMEN Real Estate Investment Forum allows you to gain valuable insights into Colombia’s real estate landscape. You will learn about market trends, financing options, and investment strategies that cater specifically to foreign investors. Plus, you’ll have the chance to network with other professionals and expand your investment opportunities.
Key topics at the forum include:
- Short-term and long-term investment trends in Colombia.
- Financing sources and credit options for foreign investors.
- Sustainable tourism and its impact on the real estate market.
- Investing with passion through sports and music.
- Alternative investment options and market diversification
You can register for the LUMEN Real Estate Investment Forum on the official event website. Be sure to reserve your spot in advance to secure your place at this valuable event.
Yes, the LUMEN forum provides excellent opportunities for networking. There will be dedicated sessions and a Networking Kickoff event on November 15th to meet other investors, experts, and professionals in the industry.
The LUMEN Real Estate Investment Forum offers personalized insights into the specific challenges and opportunities that foreign investors face when entering the Colombian market. By attending, you’ll receive expert guidance on navigating legal, financial, and market-specific considerations, which will help you make more informed investment decisions.
For registration details and pricing, please visit the official event website. Early registration discounts may apply, so be sure to check for the latest offers.
Medellin Guru Blogs: Real Estate Series
On the Medellin Guru website, we have a comprehensive and up-to-date guide to buying, selling, and renting apartments and choosing a neighborhood in Medellin found in several articles, including:
Buying and Selling Apartments
- Medellin Real Estate: Property Buyer’s Guide for Foreigners
- Selling Real Estate in Colombia: A Guide to Selling for Foreigners
- Mistakes Foreigners Make When Buying Real Estate in Colombia
- Current Costs to Buy New Apartments in Medellin
- Rent vs Buy: Downsides of Renting and Buying Property in Medellin
- 13 Things Real Estate Agents in Colombia May Not Tell You
- How to Obtain a Colombia Investment Visa
Renting Unfurnished Apartments:
- Apartment Rental Guide: Renting Unfurnished Apartments in Medellin
- Guide to Finding Unfurnished Apartments and Casas in Medellin
- Guide to Overcoming the Fiador Requirement in Colombia
- Unfurnished Apartment Rental Costs in Medellin
- 6 Inexpensive Neighborhoods for Unfurnished Rentals in Medellin
- Furnishing Apartments: A Guide to Furnishing Apartments in Medellin
- Apartment vs Casa (House) Rentals in Medellin: Pros and Cons
Renting Furnished Apartments:
Choosing a Neighborhood in Medellin:
Also, we have several articles that can be used to help foreigners choose a neighborhood in Medellin:
- Laureles: The world’s coolest neighborhood for 2023 by ‘Time Out’ is in Medellin, Colombia
- What are the Safest Neighborhoods in Medellin and the Aburrá Valley?
- 5 Best Neighborhoods in Medellin: A Guide to Choosing a Neighborhood
- 9 Downsides of El Poblado: Living in Medellin’s Expensive Neighborhood
- Estratos: A Guide to Understanding Estratos in Colombia
- El Poblado vs Laureles: Which is the Better Neighborhood to Live in?
- El Poblado vs Envigado: Which is the Better Neighborhood to Live in?
- El Poblado vs Sabaneta: Which is the Better Neighborhood to Live in?
- El Poblado vs Belén: Which is the Better Neighborhood to Live in?
- 2018 Unfurnished Apartment Rental Costs in Medellin in 5 Neighborhoods Popular with Expats
- 6 Inexpensive Neighborhoods for Unfurnished Rentals in Medellin
Airbnb in Colombia:
- 9 Strategies to Find Killer Deals on Airbnb in Colombia
- 15 Things to Know Before Investing to Become an Airbnb Host in Colombia
- 10 Airbnb Best Practices for Airbnb Hosting in Colombia
- 9 Tips to Attract Long-Term Airbnb Guests in Colombia
- 7 Strategies for Airbnb Slow Season in Colombia
- How to Identify Problem Airbnb Guests in Colombia Before They Book
- 15 Ways to Increase Your Airbnb Search Rank In Colombia
- How Safe is Airbnb in Colombia? Is it Safe to Use Airbnb in Colombia?
- Airbnb Travel Itinerary for Your Airbnb Guests in Colombia
- How to Get Started on Airbnb in Colombia: A Guide
The Bottom Line: LUMEN Real Estate Forum in Medellin, Colombia
The LUMEN Real Estate Investment Forum in Medellín is an unmissable opportunity for expats and foreign investors to gain expert insights into Colombia’s thriving real estate market. With 10 industry leaders offering valuable knowledge on investment trends, financing options, and market strategies, this event will equip you with the essential tools to make informed and profitable decisions. Moreover, it provides a unique chance to network with professionals and explore new investment avenues. Therefore, don’t wait—secure your spot today and attend it on November 16th to unlock the potential of one of Latin America’s most promising real estate markets!
Medellin Guru Social media
Be part of our community. Find out about news, participate in events and enjoy the best of the city.
