A 116m² Laureles three-bedroom priced below its neighborhood range, on the flat walkable blocks renters actually ask for.
PRICE GAP / M² VS LAURELES TYPICAL RANGE
▾15-25%
BELOW THE MARKET RANGE
5.17M vs 6.12M–6.90M COP/m²
IMG 01 / 03TOTAL AREA
116 m²
BEDROOMS
3
BATHROOMS
2
ESTRATO
5
// KEY FACTS
- ASKING PRICE (COP)
- COP 600.000.000
- ASKING PRICE (USD)
- USD 191,785Est. at today’s rate
- PRICE PER M²
- 5.17M COP/m²
- VS LAURELES TYPICAL RANGE
- 15-25% below the market range
- BED / BATH
- 3 / 2
- ESTRATO
- 5
- HOA MONTHLY
- 340K COP/mo
- PROPERTY TYPE
- Apartamento
- YEAR BUILT
- 2000
- CURATED
- July 22, 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.
◆ 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 →
The cleanest small-format spread in the batch: 5.17M in, equipped-but-unrenovated neighbors at 6.1M, and a fully-modernized 114m² comp at 10.35M/m² by Primer Parque. 116m² keeps the reno budget contained and the exit pool wide. The walk-up is the discount's reason and the exit's ceiling — price both.
El Nogal is a walkable, in-demand pocket, but four flights with luggage is a real filter for short stays, and STR stays unmodeled by default. Furnished medium-term to a young professional pair is the realistic rental read.
El Nogal on a 600M budget with a 340,000 admin — the affordability entry into Laureles' most walkable pocket, priced for its stairs.
◆ TWO WAYS TO READ THIS
AS AN INVESTMENT
Small-format flip math: contained reno budget, wide exit pool, and a modernized comp at double the entry ppm2. The walk-up sets both the discount and the ceiling — price both sides.
AS A HOME
A 340,000 admin and a 600M entry into El Nogal — the affordability case is the whole case. Three bedrooms, big kitchen, Molinos and Santa Gema in walking range. You climb stairs and in exchange you keep roughly 100M versus the elevator buildings a street over.
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.
// 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 5.17M
Laureles asks (partially renovated and premium tiers)
Near-size (118m²) 4BR with an equipped kitchen and no renovation claims, 6.10M/m² — the conservative exit.
VIEW ORIGINAL ↗
Near-identical size (114m²), fully modernized by Primer Parque at 10.35M/m² (short-stay licence priced in) — the renovated ceiling.
VIEW ORIGINAL ↗◆ CONDITION NOTES
'Listo para escriturar' speaks to paperwork, not finishes — 20-plus years and no renovation claims means assume original-era kitchen and baths until visited. Verify: water pressure on the 4th floor, roof/ceiling state (top-floor adjacency), and the garage's actual dimensions.
// 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.