Commercial Properties and Their Profitability Percentage in 2021

Net profitability was also calculated for retail spaces for rent in Medellín located in commercial malls. The results were slightly higher than those identified in large shopping centers, due to lower management fees and tax burdens.

As for street-front retail spaces for rent, these were found to offer better profitability than properties located within condominium developments. For used residential properties, a sample of 140,000 homes in Medellín, Envigado, and Sabaneta (socioeconomic strata 4, 5, and 6) showed a contraction of nearly 30%.

They also analyzed the behavior of residential properties in certain areas of the city during the first quarter of last year. This includes apartments for sale in El Poblado, houses for sale in Sabaneta, and other properties located in the Aburrá Valley with the same purpose. The analysis considered sales composition, supply, average time on the market, and price rotation indicators.

These are some of the sectors we have selected to share with you.

These are some of the analyses carried out by La Lonja de Propiedad Raíz de Medellín y Antioquia. We hope this information is of interest and contributes to the preservation of your assets. It is important to stay up to date with market trends and to ensure your properties are managed by a real estate company that provides security and transparency in its processes.

As one of the first real estate companies in Medellín, we have protected the assets of every client who has placed their trust in us. We are currently managing more than 3,864 properties, which is how we have become a real estate company that guarantees proper property management and sales.