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      Whether you’re looking for fun and sun, a peaceful retirement, or the chance to earn some extra income, you’ve got a real world of opportunity open to you… In short, we’ve done our best to narrow down your best options, but only you can decide the right country for you.

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      How Much Will It Cost You To Live Overseas?

      The only honest answer is, we have no idea. And neither does anyone else. The only one who can answer that question is you. Here’s the most important thing to understand about budgeting your new life overseas…

      Super Cheap

      • Chitré, Panama
      • Santa Marta, Colombia
      • Phuket, Thailand
      • Dumaguete, The Philippines

      Cheap

      • Medellin, Colombia
      • Boquete, Panama
      • Kyrenia, Cyprus
      • Hua Hin, Thailand
      • The Algarve, Portugal

      Affordable

      • Valencia, Spain
      • Cascais, Portugal
      • Las Terrenas, The DR
      • Pisa, Italy
      • La Rochelle, France
      • Mazatlán, Mexico

      Luxury

      • Ambergris Caye, Belize
      • Kotor, Montenegro
      • The Panama City Beaches
      • Paris, France
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      • Home
      • Countries

        Top Destinations:

        Whether you’re looking for fun and sun, a peaceful retirement, or the chance to earn some extra income, you’ve got a real world of opportunity open to you… In short, we’ve done our best to narrow down your best options, but only you can decide the right country for you.

        • Spain
        • Portugal
        • Panama
        • Belize
        • Colombia
        • Cyprus
        • Mexico
        • France
        • Montenegro
        • Browse All Countries

        Best For:

        • The Best Places To Retire
        • Health Care Abroad
        • Cost Of Living
        • Investing in Real Estate
        • Establishing Residency
        • Gun Laws In The World
        • English-Speaking Countries
        • Safest Places For Retirement
        • Best Places In Latin America
      • Budgets

        How Much Will It Cost You To Live Overseas?

        The only honest answer is, we have no idea. And neither does anyone else. The only one who can answer that question is you. Here’s the most important thing to understand about budgeting your new life overseas…

        Super Cheap

        • Chitré, Panama
        • Santa Marta, Colombia
        • Phuket, Thailand
        • Dumaguete, The Philippines

        Cheap

        • Medellin, Colombia
        • Boquete, Panama
        • Kyrenia, Cyprus
        • Hua Hin, Thailand
        • The Algarve, Portugal

        Affordable

        • Valencia, Spain
        • Cascais, Portugal
        • Las Terrenas, The DR
        • Pisa, Italy
        • La Rochelle, France
        • Mazatlán, Mexico

        Luxury

        • Ambergris Caye, Belize
        • Kotor, Montenegro
        • The Panama City Beaches
        • Paris, France
      • Resources

        Global Living

        • Living & Retiring Overseas
        • Raising A Family Abroad
        • Foreign Residency & Citizenship
        • Offshore & Diversification

        Making Money

        • International Real Estate
        • Banking
        • Employment
        • Investing

        Follow Us:

        • Meet Our Experts
      • Real Estate

        Join our Weekly Newsletter
        Overseas Property Alert

        Sign up for our weekly newsletter to receive expert insights on the best international real estate investment opportunities.






          We Value Your Privacy! We will not share your email address with anyone else, period.

          Buying Real Estate For Cashflow

          • Discover tips and strategies used by global property investing veterans

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          International Property Summit

          Caribbean Virtual Conference

          Live and Invest In Spain Conference

          PANAMA CITY, PANAMA

          June 18-20, 2025

          VIRTUAL

          July 17-19, 2025

          Valencia, Spain

          Sep. 17-19, 2025

          LEARN MORE
          LEARN MORE
          PRE-REGISTER
          LEARN MORE
          PRE-REGISTER
          • MORE EVENTS

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          Toll-Free U.S. and Canada:
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          From Outside North America:
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          Reach us with your questions by email at: events@liveandinvestoverseas.com

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          overseas living letter offers affordable retirement guidance
          The Simon Letter Wealth Protection Insights
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          Our Customer Service team is here to assist with any questions or concerns CustomerService@LiveandInvestOverseas.com

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          Home Investing

          A Beautiful Beach-City With Impressive Investment Potential

          by Mónica Linares
          May 05, 2023
          in Investing
          0 0
          beach in cartagena colombia

          Adobe Stock/Jess

          Colombia has long been one of our favorite markets to live and invest for profit in the world. Over the past decade, the dollar’s strength against the Colombian peso has meant serious buying power and big returns for investors.

          Today we wanted to shine a spotlight on one of our favorite beach-city markets in this country: Cartagena.

          With a population of a little more than a million inhabitants, Cartagena is the fifth-largest city in Colombia and the second most-visited city after Bogotá.

          Cartagena is a historic walled city and a UNESCO World Heritage Site. The architecture is a magnificent example of Spanish Colonial beauty, and it’s in an

          impeccable state of preservation. Cartagena deserves its worldwide reputation.

          The city boasts drinkable water along with dependable phone service, electricity, and high-speed internet. You’ll find plenty of shopping options,

          from mom-and-pop stores to upscale boutiques… as well as several large, modern shopping malls.

          The banks and financial services in the city are the same as you will find in biggest cities in Colombia; they are solid and dependable.

          Cartagena is one of the most beautiful cities in all of Colombia—and all of South America. It’s an enjoyable place to be.

          From the hole-in-the-wall shop selling homemade empanadas to elegant restaurants with fine cuisine, your dining experience will be varied with a tremendous number of options in the city. What’s more, the sizzling nightlife in Cartagena draws visitors from around the coastal region.

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            The real estate market is active and undervalued. There’s a well-organized real estate industry in Cartagena with a generous inventory of quality properties.

            Construction standards are high— even in older buildings—yet prices are lower than you’ll find in many Caribbean markets… an amazing value when compared to Cartagena’s quality of life and amenities.

            We like Cartagena’s investment potential because it offers remarkable diversity… there’s high-end, exclusive coastal spots, historic neighborhoods, popular beach areas, and the walled city…

            And we’ve uncovered a new opportunity to get in on this great lifestyle and investment market, while aiding its current needs…

            This new residential community offers single-family homes and multifamily housing units.

            It’s located on a 42-acre site, 4.5 miles outside the heart of Cartagena’s colonial walled city and 45 minutes from the best beaches in Cartagena at Isla de Barú.

            If you are a fan of tennis and golf, the area’s country club is a 15-minute drive from the development.

            Each home will have 125 square meters of living space and is two stories high.

            The first floor is divided among the living room, dining area, kitchen, a small guest room, and a half bathroom. The second floor has three bedrooms (the master with its own bathroom), and a shared bathroom. The master bedroom also has a walk-in closet and a balcony that can be accessed independently through the hallway as well.

            The driveway is ample enough for two parking spaces.

            The common areas of the residential community include a lounge and bar area with a communal pool.

            The houses are being designed under the Passive House Standard, which ensures sustainable development by minimizing energy intensity.

            Cartagena’s climate is hot and humid, which presents a challenge for the designs under the Passive House Standard.

            Most buildings here use air conditioning systems that are oversized to compensate for the indoor humidity created by natural ventilation practices, causing an elevated amount of energy waste and inducing mold formation.

            This housing development is committed to delivering comfortable housing with cooling needs that are met by small and efficient systems.

            Construction has already begun for this first phase of single-family houses. You can get yours starting at US$144,000… But for a limited time, you can pay just US$142,000.

            For another US$6,000, a furniture package is included to make it rental-ready.

            If you plan to use this property as a short-term rental, you are expected to earn a net ROI of 18%. This was calculated with a nightly rate of US$150 with a 70% occupancy rate.

            If you add the expected annual appreciation of 10%, you can end up with an annual net ROI of 28%.

            We’ve been working with our contact for a long time, and this is an established developer with experience and a proven track record in the region. You’ll get an extra 6% discount from the sales price if you are a cash buyer.

            The developer also offers financing with 30% down and the remaining balance paid with equal monthly payments over 12 months.

            Sincerely, 

            Kathleen Peddicord

            Mónica Linares
            Managing Editor, Global Property Advisor

            Share141Tweet88
            Mónica Linares

            Mónica Linares

            Mónica was born and raised in Panama and has a passion for stories and storytelling, in any and all formats. Reading, writing, traveling, and her cat are a few of her favorite things. She’s a Florida State University alumna with a Bachelor of Science in Communications and Digital Media. Mónica is currently learning the ropes of the global real estate investing world. She’s the managing editor of our own Global Property Advisor.

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                  We Value Your Privacy! We will not share your email address with anyone else, period.
                  HOME

                  Top Countries

                  • Spain
                  • Portugal
                  • Panama
                  • Belize
                  • Colombia
                  • Cyprus
                  • Mexico
                  • France
                  • Montenegro

                  Best For:

                  • Health Care Abroad
                  • Retirement Living
                  • Cost Of Living
                  • Investing in Real Estate
                  • Establishing Residency
                  • Gun Ownership
                  • English Speakers
                  • Safety
                  BROWSE ALL COUNTRIES

                  Budgets

                  How Much Will It Cost
                  To Live Overseas?

                  Super Cheap

                  • Chitré, Panama
                  • Santa Marta, Colombia
                  • Phuket, Thailand
                  • Dumaguete, The Philippines

                  Cheap

                  • Medellin, Colombia
                  • Boquete, Panama
                  • Kyrenia, Cyprus
                  • Hua Hin, Thailand
                  • The Algarve, Portugal

                  Affordable

                  • Valencia, Spain
                  • Cascais, Portugal
                  • Las Terrenas, The DR
                  • Pisa, Italy
                  • La Rochelle, France
                  • Mazatlán, Mexico

                  Luxury

                  • Ambergris Caye, Belize
                  • Kotor, Montenegro
                  • The Panama City Beaches
                  • Paris, France

                  Resources

                  Global Living

                  • Living & Retiring Overseas
                  • Raising A Family Abroad
                  • Foreign Residency & Citizenship
                  • Offshore & Diversification

                  Making Money

                  • International Real Estate
                  • Banking
                  • Employment
                  • Investing
                  Meet Our Experts

                  Real Estate

                  Overseas Property Alert 

                   

                  How To Become Independently Wealthy And Fund The Lifestyle Of Your Dreams

                  VISIT SITE

                  Buying Real Estate For Cashflow

                   

                  Discover tips and strategies used by global property investing veterans

                  READ MORE

                  Explore Our Latest Posts

                   

                  Learn how to invest and purchase property abroad…

                  EXPLORE

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                  PANAMA CITY, PANAMA June 18-20, 2025
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                  CARIBBEAN VIRTUAL CONFERENCE

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                  LEARN MORE
                  PRE-REGISTER

                  Live and Invest In Spain Conference

                  Valencia, Spain Sep. 17-19, 2025
                  LEARN MORE
                  PRE-REGISTER
                  MORE EVENTS

                  Contact Our Events Team:

                  Toll-Free U.S. and Canada:
                  1 (888) 627 8834

                  From Outside North America:
                  1 (443) 599 1221

                  Working Hours
                  Monday – Friday 08:00 am – 17:00 pm EST.

                  Reach us with your questions by email at: events@liveandinvestoverseas.com

                  Store

                  Overseas Havens Reports

                  • Expats' comprehensive destination guides

                  Conference Kits

                  • Hours of coverage  from our latests conferences

                  Lahardan Books

                  • Titles on living and investing around the world

                  Services

                  • Overseas Living Letter: Affordable Retirement Guidance
                  • The Simon Letter: Wealth Protection Insights
                  • Global Property Advisor: Global Investment Opportunitites
                  VISIT OUR STORE

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                  THE 10 BEST PLACES TO RETIRE IN 2025

                  FREE REPORT: The 10 Best Places To retire in 2025

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