Santa Lucia Suites: A Modern Urban Retreat in the Heart of Medellín

Property Overview:

• Type: Multi-family residential building
• Location: Santa Lucia, Medellín, Colombia
• Construction Year: 2015
• Floor Count: 4 floors, with potential for 2 additional floors
• Apartments: 6
• Titles: 4 separate property titles, free and clear

Building Description: Santa Lucia Suites stands as a beacon of contemporary design and practicality in the bustling cityscape of Medellín. Constructed in 2015 with a sleek, modern aesthetic, the building captures the essence of urban living while offering an oasis of comfort and luxury. Each floor, meticulously designed, showcases functionality paired with stylish interiors, making every apartment a coveted home base for residents.

The building’s striking façade is complemented by thoughtfully landscaped surroundings that blend seamlessly with the vibrant neighborhood. The interior spaces are crafted with high-quality materials and finishes, reflecting a commitment to excellence that is evident throughout the structure. With the capacity to add two more floors, the building presents a unique opportunity for expansion and enhanced value.

Apartment Details:

• Apartment #101: 2 Bedrooms, 1 Bathroom
• Apartment #102: 2 Bedrooms, 1 Bathroom
• Apartment #201: 2 Bedrooms, 1 Bathroom
• Apartment #202: 2 Bedrooms, 1 Bathroom
• Apartment #301: 2 Bedrooms, 1 Bathroom
• Apartment #302: 3 Bedrooms, 2 Bathrooms

Investment Highlights:

• Rental History: Over 90% occupancy rate consistently maintained for the past 6 years, providing immediate income generation.
• Monthly Income: Currently averages $14.5 million COP from mid to long-term rentals (minimum 60 days with a 6-month average stay).
• Furnishings: Fully furnished units, renovated in 2017 specifically for rental purposes.
• Legislative Potential: Property zoning may allow for short-term rentals pending new Airbnb legislation.
• Visa Opportunity: Qualifies for the 5-year Investment/Resident Visa program.

Proximity & Accessibility:

• Local Amenities: Just 120m to the nearest park, 160m to the nearest supermarket, and 200m to the local police station.
• Transport: Only 450m to the Santa Lucia Metro Station, enhancing tenant accessibility.
• Entertainment & Leisure: Close to major attractions, including 850m to Parque Floresta, 1.7km to the city’s main soccer and concert stadium, and 2.1km to La 70’s bustling bars and restaurants. Parque Lleras and the upscale Poblado area are only 8.7km away.

Unique Selling Proposition: Santa Lucia Suites is not just a building; it’s a lifestyle choice for those who seek convenience, style, and a solid investment in one of Medellín’s most desirable neighborhoods.

Contact Information: For more details or to schedule a viewing, please contact [Your Name], [Your Contact Information]. Discover the allure of Santa Lucia Suites, where luxury meets practicality in an exclusive urban setting.