San Lucas 215m² · duplex with renovation upside next to Mall San Lucas
PRICE GAP / M² VS SAN LUCAS TYPICAL RANGE
▾33-40%
BELOW THE MARKET RANGE
4.65M vs 6.93M–7.81M COP/m²
IMG 01 / 28TOTAL AREA
215 m²
BEDROOMS
3
BATHROOMS
4
ESTRATO
6
// KEY FACTS
- ASKING PRICE (COP)
- COP 1.000.000.000
- ASKING PRICE (USD)
- USD 319,642Est. at today’s rate
- PRICE PER M²
- 4.65M COP/m²
- VS SAN LUCAS TYPICAL RANGE
- 33-40% below the market range
- BED / BATH
- 3 / 4
- ESTRATO
- 6
- HOA MONTHLY
- —
- PROPERTY TYPE
- Apartamento
- YEAR BUILT
- 1995
- CURATED
- July 22, 2026
- SOURCE
- other
Indexed·n=99·Jul 2026
// How we got this number
- Source
- Our own indexed asking prices · Finca Raíz, Metrocuadrado, Ciencuadras
- Sample
- 99 active listings in this zone
- Adjustment
- Asking-to-close assumption: −8% · See methodology
- Updated
- July 2026
Adjusted asking-comp estimate. Not an appraisal.
◆ RENOVATION POTENTIAL
What a remodel could unlock.
The same room, renovated. Architecture, windows, and view stay the same; only the finishes and furnishings change.
AI visualizationFor illustration only; finishes, cost, and final result will vary.
◆ PRIMARY STRATEGY · FLIP
Editorial scores
Editorial judgments, 1 to 10, set by the curator. Not algorithmic. See methodology →
Large-format San Lucas at 4.65M/m² against unrenovated stock asking 5.9M and Cantagirone-tier new build at 14.9M. A 1995 duplex is exactly the bones a full renovation wants — scale, light, and a mall next door. The caveats are duplex-specific: stairs inside the unit narrow the exit pool, and the outdoor share (terraza + patio) needs measuring before the per-m² story is trusted.
Not a short-stay asset: 215m² duplexes don't clear nightly math anywhere in San Lucas, and our default is STR-banned. Skip the BnB lens; this is a live-in or renovate-and-sell story.
A 1995 duplex with service suite, study, terrace and patio next to Mall San Lucas — family scale that new stock doesn't build anymore, at less than half new-stock pricing.
◆ TWO WAYS TO READ THIS
AS AN INVESTMENT
Below-market entry on one of the deepest honest discounts in the set; the play is renovate-and-hold or renovate-and-sell into a market where comparable scale asks 5.9M unrenovated. Measure the outdoor share before trusting the per-m² math.
AS A HOME
Two floors, a service suite, study, terrace and patio, two parking spaces, and the Mall San Lucas across the street — 1995 construction at a 2026 discount. If the family fits the layout, this is the most house per peso in the launch set.
What La Lonja recorded for your zone. Not a forecast for this listing.
La Lonja’s 265 Edition reported Zona 5 (Poblado, Envigado, Sabaneta) apartment valorization at 7.82% in 2024. The 2025 land study (published April 2026) recorded 7.5% real for Envigado municipality, consistent with a sustained mid-single-digit-to-high pace.
Lonja groups Poblado, Envigado, and Sabaneta as Zona 5 (sub-market variance is real). Figures are nominal COP; real appreciation in high-inflation years (~13% in 2022, ~5% in 2024) is lower.
Appreciation figures: La Lonja de Propiedad Raíz de Medellín y Antioquia (2024 zone-level apartment index, 2025 land study). Context from Camacol Antioquia (trade group) and DANE / Banco de la República. We show the range. We do not predict which one happens.
// ESTIMATED REMODEL COST
Range covers a full unit remodel, set by the curator using contractor quote data for this neighborhood and condition class.
// MEDIUM-TERM RENTAL · NET YIELD AFTER TAX (CAP RATE)
Yield range will be set by the curator after the full math. Net yield after tax (cap rate), with assumptions documented per listing.
◆ COMPARABLES
2 references · COP/m² indexed to listing’s 4.65M
San Lucas asks (partially renovated and premium tiers)
Near-identical size (212m²) 4BR, 16-30-year-old stock with a closed kitchen and no renovation claims, 5.90M/m² — the unrenovated ask.
VIEW ORIGINAL ↗
New Cantagirone-tier construction (269m²) at 14.88M/m² — the new-stock ceiling large-format San Lucas sells against.
VIEW ORIGINAL ↗◆ CONDITION NOTES
The listing publishes feature lists but no condition statement and no admin fee — both are first-visit questions. 1995 vintage suggests original or partially updated finishes; measure the terrace/patio share against the 215m² total before underwriting.
◆ STAY CURRENT
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We scan the portals daily and re-verify each listing on a rolling basis. Between scans, prices move, listings sell, and the market shifts. The calibrated market range per m² is a snapshot from our last data refresh, not a live quote. Treat these numbers as a starting point and verify the current price with the source before you act.