How Much Is an Apartment in Cali Colombia?

How Much Is an Apartment in Cali Colombia?

Looking for a place in Cali, Colombia, means exploring various apartment prices. Our findings show a wide span – from about $150,000 USD for a 4-bed, 4-bath on 126 sq meters, to $240,000 USD for a 51,593 sq foot, 1,582 sq foot unit. The cost of living in Cali Colombia plays a big role. Yet, with a mixture of listings, there’s something for every budget and wish list.

Another study detailed the costs in Cali’s different areas. You could find a small apartment for $68,000 USD or a huge retail space for $1.4 million USD. Plus, if you’re looking to buy, there are great options in the Valle Del Cauca region. A list with 30 amazing apartments is out there, waiting for you to discover.

Key Takeaways

  • Apartment prices in Cali, Colombia can range from around $150,000 USD to $240,000 USD for larger units.
  • Prices can vary significantly depending on location, size, and amenities of the apartment.
  • Researching different neighborhoods and being open to negotiation can help find more affordable options.
  • Considering both rental and purchase options can provide flexibility in finding the right home.
  • Understanding the local real estate market is key to finding the best apartment for your needs and budget in Cali.

Introduction to Cali’s Housing Market

Cali is the third-largest city in Colombia, known for its bustling real estate market. It blends a rich cultural heritage with a vibrant economy. This creates a perfect spot for finding your dream home or a great investment opportunity.

Overview of Cali, Colombia

Cali is the capital of the Valle del Cauca department and famous for salsa music. It also boasts beautiful natural scenery and economic growth. This city is full of life, offering a mix of modern and traditional living. In our look at Cali Colombia real estate trends, we’ll see why it’s such a desirable place to live.

Factors Affecting Apartment Prices

Several factors shape apartment prices in Cali. The location plays a big role. For example, places like Ciudad Jardín and Santa Mónica Residencial are in high demand. This is because they offer easy access to amenities and have a great lifestyle.

The size and what comes with the apartment also matter. Bigger apartments and ones with extras like balconies and parking spots cost more. So, if you want something special, expect to pay a bit higher.

Average Apartment Prices in Cali

average apartment prices in Cali Colombia

Looking into the average apartment prices in Cali, Colombia, we discover a wide range of choices. The cost changes a lot based on where the apartment is, its size, and what it offers. Prices come from our second source’s data.

Cost by Neighborhood

In Ciudad Jardín, a top area, houses cost anywhere from $650,000,000 COP to $670,000,000 COP. Apartments there are about $494,000,000 COP on average. Move to El Caney, and a house of 968.76 sq ft fetches $700,000,000 COP.

Cost by Property Size

Your apartment’s size in Cali really matters for its price. Bigger apartments with several bedrooms cost more than the smaller ones. This hints at what people really want in the city’s housing market.

Cost by Amenities

Besides size and location, what an apartment offers can push the price up. Things like a balcony, parking, or a gym can make the cost go higher. It all depends on what apartment hunters are looking for in Cali.

How Much Is an Apartment in Cali Colombia?

apartment costs in Cali Colombia

Trying to find the perfect apartment in Cali, Colombia, means learning about the costs. We’ll look at the prices for 1-bedroom, 2-bedroom, and 3-bedroom apartments. This will help us understand what we can get for our money in this lively city.

1-Bedroom Apartment Costs

In Cali, a 1-bedroom apartment might cost between $260,000,000 COP and $494,000,000 COP. That’s about $67,980 USD to $129,162 USD. The price depends on the apartment’s size, location, and what it offers.

2-Bedroom Apartment Costs

Looking for a 2-bedroom apartment? Prices range from $575,000,000 COP to $920,000,000 COP. That’s roughly $150,341 USD to $240,545 USD. The cost changes with the size and features of the apartment.

3-Bedroom Apartment Costs

3-bedroom apartments in Cali could be between $450,000,000 COP and $670,000,000 COP. That’s about $117,658 USD to $175,180 USD. The apartment’s size, location, and what it offers affects the cost greatly.

Tips for Finding an Affordable Apartment

Finding an affordable apartment in Cali, Colombia means being flexible and willing to negotiate. First, check the prices in different areas. This helps spot places where you could save money. Also, think about whether renting or buying is best for you. This choice affects how much money you need upfront and in the long run.

Negotiating Prices

Knowing how to find a good deal in Cali will help you negotiate. Learn about the local market and what prices are common. Showing that you’re ready to talk about prices can lead to a better deal.

Considering Rental vs. Buying

Deciding between renting vs buying apartments in Cali depends on your goals and money situation. Renting offers more freedom and can be cheaper at first. But, buying could be a good investment later on. Think about what’s best for your Cali Colombia apartment needs and budget.

Popular Neighborhoods for Apartment Living

In Cali, Colombia, three areas are top picks for many: Ciudad Jardín, El Caney, and Santa Mónica Residencial. They are known as the popular apartment neighborhoods in Cali Colombia. If you’re looking for the best areas to live in Cali Colombia, you’ll find great options here.

Ciudad Jardín

Ciudad Jardín is famous for its luxurious homes and fancy apartments. Living here can cost between $650,000,000 COP to $820,000,000 COP. This means it’s ideal for those who want to enjoy luxury and style.

El Caney

El Caney is also a sought-after place to live in Cali. A decent-sized home here can be priced at $700,000,000 COP. It’s a perfect mix of being part of a popular apartment neighborhood in Cali Colombia and one of the best areas to live in Cali Colombia.

Santa Mónica Residencial

Looking for a more budget-friendly option? Santa Mónica Residencial is a great choice. You can find homes here for a good price. For about $600,000,000 COP, you could get a nice 2,055.92 sq ft home. This makes it a top pick for those wanting to save but still live comfortably.

Conclusion

The cost of apartments in Cali, Colombia varies a lot. You can find a small 1-bedroom apartment for about $67,980 USD or a big commercial space for $1,464,188 USD. To get a good deal on an apartment in this lively city, it’s important to look at different factors like its location and what it offers.

When trying to find the perfect apartment deal, keep a few things in mind. It’s smart to be open to different options and to talk to the people renting or selling. Look at renting and buying to see what works best for you. Exploring areas like Ciudad Jardín and Santa Mónica Residencial can lead to finding affordable yet great places.

With some research and smart moves, you can find a place that fits your budget in Cali. Knowing the market and being a good negotiator can help you land a great deal. This way, you can enjoy life in this energetic city without breaking the bank.

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