OPEN LAURELES · 129m² · 3 BR · 3 BA · ESTRATO 5
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
▾37-44%
BELOW MARKET
3.64M vs 5.82M–6.56M COP/m²
IMG 01 / 20TOTAL AREA
129 m²
BEDROOMS
3
BATHROOMS
3
ESTRATO
5
◆ PRIMARY STRATEGY · FLIP
Editorial scores
Editorial judgments, 1 to 10, set by the curator. Not algorithmic. See methodology →
FLIP · RENOVATE + RESELL
8/ 10
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.
BNB · SHORT/MEDIUM RENTALSHORT-TERM RENTAL: UNCLEAR
6/ 10
◆ 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
- $186,681
- MONTHLY RENT
- $1,821 – $2,809
- OCCUPANCY
- 75% – 88%
- ANNUAL GROSS
- $16,390 – $29,663
- NET PRE-TAX
- $7,439 – $16,483
- NET POST-TAX
- $5,957 – $13,211
- 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.
Zone appreciation, historical rangeFREE
What La Lonja recorded for your zone. Not a forecast for this listing.
Lonja zoneZona 4 · Laureles-Estadio / La América / San Javier
Historical
6.5%/yr
Projected valueAt year 5
644M COP
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 $28K – $49K USD at today’s rate.
most likely ▾
COSMETICFULL GUT
6.7% – 12.1%
Range assumes professional management at 22% plus sales tax (IVA), 20% withholding tax, 7.5% exit yield, and renovated condition.
most likely ▾
LOWHIGH
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)
129M² · 4BR · LAURELESPARTIAL
5.43M/m²▴ +49%
Same size (129m²), 4BR with one parking space, asking 5.43M/m² — the realistic unrenovated-but-equipped comp.
VIEW ORIGINAL ↗
128M² · 3BR · LAURELESPARTIAL
10.13M/m²▴ +178%
Same size (128m²) renovated-tier 3BR with four parking spaces at 10.13M/m² — the exit ceiling this flip sells into.
◆ 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.
View original on Metrocuadrado ↗Curated July 8, 2026 · ID #dac895a3 · v0.42