A 129m² Laureles three-bedroom at 3.64M COP per m², on the flat streets the furnished-rental market actually wants.
PRICE GAP / M² VS LAURELES TYPICAL RANGE
▾40-47%
BELOW THE MARKET RANGE
3.64M vs 6.12M–6.90M COP/m²
IMG 01 / 20TOTAL AREA
129 m²
BEDROOMS
3
BATHROOMS
3
ESTRATO
5
// KEY FACTS
- ASKING PRICE (COP)
- COP 470.000.000
- ASKING PRICE (USD)
- USD 150,232Est. at today’s rate
- PRICE PER M²
- 3.64M COP/m²
- VS LAURELES TYPICAL RANGE
- 40-47% below the market range
- BED / BATH
- 3 / 3
- ESTRATO
- 5
- HOA MONTHLY
- —
- PROPERTY TYPE
- Apartamento
- YEAR BUILT
- Unknown
- CURATED
- July 8, 2026
- SOURCE
- Metrocuadrado
Indexed·n=193·Jul 2026
// How we got this number
- Source
- Our own indexed asking prices · Finca Raíz, Metrocuadrado, Ciencuadras
- Sample
- 193 active listings in this zone
- Adjustment
- Asking-to-close assumption: −8% · See methodology
- Updated
- July 2026
Adjusted asking-comp estimate. Not an appraisal.
◆ PRIMARY STRATEGY · FLIP
Editorial scores
Editorial judgments, 1 to 10, set by the curator. Not algorithmic. See methodology →
At 3.64M COP/m² against a calibrated band of 5.82M to 6.56M, the entry discount is deep enough to survive a full 160M gut and still exit below the band floor. Same-size Laureles stock asks 5.43M to 10.13M per m² right now, which is the whole spread of the flip thesis in one zone. It loses points because the walk-up with no elevator and no parking caps the exit buyer pool to a narrower slice than renovated tower stock, and because at 470M the absolute margin is good but not huge — this is a base-hit flip, not a home run.
Laureles three-bedrooms are the surprise of our bedroom-level rent calibration: measured furnished MTR for 3BR here runs 5.9M to 9.1M COP monthly, the widest bedroom premium in our data. That is the bull case. The bear case is the unit itself: second-floor walk-up with no parking loses the executive-relocation tenant who pays the top of that range, and no elevator ages poorly with the 30-plus-day guest pool. Score a 6: the zone economics genuinely pencil, the specific unit gives some of it back.
Flat, walkable Laureles at a price that leaves 200M-plus in the renovation budget is a strong owner-occupier setup. Second floor without an elevator is livable for most; the missing parking is the real deduction in a neighborhood where street parking is contested. Cafés, Segundo Parque, and the stadium corridor are all on foot.
◆ TWO WAYS TO READ THIS
AS AN INVESTMENT
The cheapest credible entry into the Laureles 3BR furnished-rental pool we track. The bedroom-level calibration puts 3BR Laureles rents at 5.9M to 9.1M monthly — measured, not hoped — and at a 470M entry even the low end covers costs comfortably. The catch is that the top of that rent range belongs to renovated, parking-equipped units, so underwrite the low half until the renovation and a parking answer exist. Buy it for the entry price and the zone economics, not for the unit as it sits.
AS A HOME
Flat-street Laureles living: walk to Segundo Parque, the Avenida Jardín café strip, and the stadium corridor. 129m² across three bedrooms is generous for the price point. Second floor, no elevator — fine at this floor height. No parking listed; verify whether a space conveys, because that is the one thing you cannot renovate in.
◆ THE FULL MATH
The math behind the strategy.
Every number is a range. Inputs documented in methodology.
- TOTAL CASH IN
- $193,319
- MONTHLY RENT
- $1,886 – $2,909
- OCCUPANCY
- 75% – 88%
- ANNUAL GROSS
- $16,973 – $30,718
- NET PRE-TAX
- $7,703 – $17,069
- NET POST-TAX
- $6,169 – $13,681
- YIELD (CAP RATE)
- 3.2% – 7.1%
- 3-YEAR RETURN (IRR)
- −15% to +5%
◆ RED FLAGS
What could go wrong.
Curator-flagged failure modes for this specific listing.
No elevator, second-floor walk-up.
Fine to live with, but it narrows both the exit buyer pool and the premium MTR tenant pool.
No parking listed.
In Laureles this is a real deduction for both resale and executive tenants. Verify whether a space conveys before offering.
Condition unverified.
The 41% discount has no stated explanation. Assume dated interiors and price the gut until walked.
What La Lonja recorded for your zone. Not a forecast for this listing.
La Lonja’s 265 Edition reported Zona 4 (Laureles-Estadio, La América, San Javier) apartment valorization at 6.63% in 2024. Citywide post-COVID 4-year apartment geometric mean sits near 7.1%.
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.
90M – 160MCOP
Roughly $29K – $51K USD at today’s rate.
6.7% – 12.1%
Range assumes professional management at 22% plus sales tax (IVA), 20% withholding tax, 7.5% exit yield, and renovated condition.
Lower bound reflects conservative occupancy (75%) and lower-tier finish. Upper bound assumes strong occupancy (88%+) and premium finish targeting professional medium-term rental tenants. Estimates, not guarantees.
◆ COMPARABLES
2 references · COP/m² indexed to listing’s 3.64M
Laureles asks (partially renovated and premium tiers)
Same size (129m²), 4BR with one parking space, asking 5.43M/m² — the realistic unrenovated-but-equipped comp.
VIEW ORIGINAL ↗
Same size (128m²) renovated-tier 3BR with four parking spaces at 10.13M/m² — the exit ceiling this flip sells into.
VIEW ORIGINAL ↗◆ CONDITION NOTES
Asking 41% below the calibrated Laureles band with no structural explanation offered in the listing. Second floor of a walk-up, no elevator, no parking listed — that combination is classic older Laureles stock and explains part of the discount; original-condition interiors most likely explain the rest. We have not verified finishes in person: price the full range from cosmetic refresh to gut until you walk it.
// SIMILAR IN ZONE
Other units in LAURELES.
◆ 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.