A 163m² Laureles three-bedroom near Segundo Parque with 5-meter wood ceilings and a furnished interior, at 4.17M COP per m². Design character at a Laureles-floor price.

The math has real headroom. Asking 4.17M COP per m² puts this 32 to 39% below the calibrated Laureles transaction band. A 200M COP renovation that preserves the 5-meter wood ceilings as the design statement (recommended) and modernizes the kitchen, bathrooms, and finishes targets an exit at 7 to 8M COP per m². Annualized IRR lands in the +21 to +43% range over a 12-month hold after 3% commission and 10% capital gains tax. Renovation budget should include 3 to 5M COP to dispose of the seller's furniture, which is throwaway despite the "amoblado" framing on the listing. Loses points because Laureles exit liquidity is thinner than Poblado and the wood-ceiling commitment constrains the resale buyer pool to design-conscious end-users — a flipper who closes them off can save renovation cost but loses the only feature that justifies a premium exit.

163m² premium-finished 3 BR with 5m wood ceilings near Segundo Parque universities (UPB) and public transport is the shape MTR demand looks for in Laureles. The MTR tenant pool here is design-conscious digital nomads, traveling academics on UPB-adjacent stints, and longer-term professionals — not relocation executives, who concentrate in Poblado and pay for STR-permitted boutique inventory. Furnished monthly rate $1,900 to $2,300 USD once you stage the unit yourself (the seller's furniture is throwaway and gets disposed of as part of renovation). Net post-tax yield 4.8% to 5.7% on the all-in basis after 22% plus IVA management, vacancy, HOA, and 20% non-resident withholding tax. STR (Airbnb nightly) almost certainly banned by the building's RPH — assume no until confirmed in writing.

Segundo Parque is one of Laureles' quieter residential corners with strong walkability to the commercial spine, universities (UPB), and public transport. The 5-meter wood ceilings give the unit a character newer Laureles towers don't deliver. Premium finishes already in place: parquet floors, marble counter integrated kitchen, 9 closets, glass-cabin bathrooms, gas line. Sold furnished so move-in friction is minimal. Loses ground for an owner who wants a contemporary aesthetic — preserving the ceiling character means committing to a specific design vocabulary, and modernizing the kitchen and baths without flattening the character takes real curator discipline.