Live and Invest Overseas
7 Cheapest Places To Own Your Dream Home Overseas Report
FREE REPORT: THE WORLD'S CHEAPEST REAL ESTATE
We Value Your Privacy! We will not share your email address with anyone else, period.
  • 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

    Buying Real Estate For Cashflow

    • Discover tips and strategies used by global property investing veterans

    Explore Our Latest Posts

    • Learn how to invest and purchase property abroad…

    Go To The Overseas Property Alert Site

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

    Upcoming Events

    • Explore Our Events Site

    Live and Invest In Spain Conference

    Offshore Wealth Summit

    Greece Workshop

    VALENCIA, SPAIN

    Sep. 17-19, 2025

    PANAMA CITY, PANAMA

    Oct. 15-17, 2025

    VIRTUAL

    Nov. 13, 2025

    Learn More About This Event
    Learn More About This Event
    PRE-REGISTER
    Learn More About This Event
    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

    Unlock The World

    • Access Your Library

    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
    • Explore Our Store
    Your passport to a life well-lived abroad

    Services

    overseas living letter offers affordable retirement guidance
    The Simon Letter Wealth Protection Insights
    Global Property Advisor Global Investment Opportunities

    Our Customer Service team is here to assist with any questions or concerns CustomerService@LiveandInvestOverseas.com

  • My Library
Live and Invest Overseas
  • 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

    Buying Real Estate For Cashflow

    • Discover tips and strategies used by global property investing veterans

    Explore Our Latest Posts

    • Learn how to invest and purchase property abroad…

    Go To The Overseas Property Alert Site

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

    Upcoming Events

    • Explore Our Events Site

    Live and Invest In Spain Conference

    Offshore Wealth Summit

    Greece Workshop

    VALENCIA, SPAIN

    Sep. 17-19, 2025

    PANAMA CITY, PANAMA

    Oct. 15-17, 2025

    VIRTUAL

    Nov. 13, 2025

    Learn More About This Event
    Learn More About This Event
    PRE-REGISTER
    Learn More About This Event
    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

    Unlock The World

    • Access Your Library

    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
    • Explore Our Store
    Your passport to a life well-lived abroad

    Services

    overseas living letter offers affordable retirement guidance
    The Simon Letter Wealth Protection Insights
    Global Property Advisor Global Investment Opportunities

    Our Customer Service team is here to assist with any questions or concerns CustomerService@LiveandInvestOverseas.com

  • My Library
Live and Invest Overseas
 Homes Under $100k
The World’s Cheapest Real Estate Investments In 2025 Revealed
FREE REPORT: The World Cheapest Real Estate Investments In 2025
Simply sign up to receive the FREE daily e-letter, Overseas Opportunity Letter, and our FREE weekly E-Letter Overseas Property Alert and we’ll immediately email you our editors’ latest research report… absolutely FREE

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

Home Countries Colombia

Exclusive Discount On Cartagena Pre-Construction Houses

Expanding Currency Discount Makes This Country A Greater Bargain Than Ever

by Lynn Mulvihill
Apr 15, 2020
in Colombia, Real Estate
0 0
Image Source: iStock/Working In Media

Image Source: iStock/Working In Media

Over the past two years, we’ve been highlighting Colombia as a place where U.S.-dollar-holders have increased buying power.

Now that currency advantage has gotten a whole lot bigger…

Between a drop in oil prices (Colombia’s bread and butter) and the coronavirus threatening the economy, the Colombian peso has taken another dive against the greenback.

Just one month ago, a dollar would have gotten you about 3,400 pesos. At today’s exchange, you’re getting closer to 4,000 pesos to your buck.

For expats in Colombia earning income in U.S. dollars, that’s a nice raise…

As a property buyer, this recent devaluation can mean thousands of dollars in savings.

In one development we know in Cartagena—one of the most popular cities in Colombia for North American visitors—your three-bedroom home in a brand-new development comes with a currency discount of US$10,000…

But you’re not just getting a great deal in monetary terms…

You’re getting a great deal in a place where you could live an enviable lifestyle part or full time… or—when we’re all free to travel again—earn as much as 15% in rental yields in one of Latin America’s top tourist destinations…

I’ll give you more details on this project in a moment. But, as it’s been some time since we covered Cartagena, let’s first recap on what this Colombian city—renowned as the jewel in Colombia’s crown—has going for it…

What’s So Great About Cartagena?

Cartagena is a branded city. It’s recognized the world over and ranks among one of the world’s treasures.

In a nutshell, Cartagena…

  • Is a UNESCO World Heritage Site—one of the few remaining walled cities in the world. The downtown sectors of Cartagena—those inside the wall—are in a state of preservation that’s unlike any other colonial city in Latin America. Almost 100% of the colonials have been restored and are well-maintained. People come from all over the world to admire them and enjoy the atmosphere they create.As a result, Cartagena’s tourist infrastructure is excellent, with small boutique hotels, plenty of luxury lodgings, interesting shops, cheerful sidewalk cafés, and loads of fine dining. No surprise then that this city is one of the most visited spots in Colombia.
  • Is part of the Caribbean. Cartagena stands out from the rest of Colombia. It’s more like being at an exotic Caribbean beach resort destination than in part of South America. Here you can enjoy numerous water activities, from boating and jet skis to scuba diving and deep-sea fishing.
  • Has a First World environment. Cartagena has 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 here are solid and dependable.
  • Is ideal for snowbirds. As a major tourist attraction, Cartagena has a substantial transient expat community. But the city also has a growing snowbird set who flock to the city to escape the snow during winter months back home. Though it was the first city in Colombia to attract North American expats, today the permanent expat community is smaller here than you’d find in the much larger cities of Bogotá and Medellín.
  • Comes with easy access to the United States. There are currently several daily direct flights to Cartagena from Atlanta, Fort Lauderdale, Miami, and New York (JFK).
  • Has a real estate market that is active and undervalued. There’s a well-organized real estate industry in Cartagena with a fairly 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.

Now, let’s get down to how you can own—and profit from—a property in this romantic city…

Welcome To Guacamayas—A Master-Planned Community In Colombia’s Caribbean

Less than five miles out from the center of Cartagena, you’ll find the Guacamayas community. It consists of just 27 properties, but is part of a larger master-planned project from a developer we’ve worked with for many years.

At Guacamayas, you’re getting a high-end home with a lawn in an attractive neighborhood. This quiet community borders the area’s best country club, and when finished, it will have its own swimming pool, walking paths, a nature trail, and bike routes.

planned community

One month ago, a 125-square-meter house here would have cost you US$148,390… but, thanks to the fall of the peso, it comes to you today for just US$138,557… that’s a saving of more than US$9,800 (which would cover more than a few flights down to Cartagena)…

This, by the way, is an exclusive pre-construction price for LIOS readers… giving you an advantage over the average buyer…

A further benefit of investing in this market is that you’re not depending on international tourism. Colombia’s growing middle class is attracted to Cartagena. Families come here to vacation. And young professionals want to live and work in this city that offers a vibrant social life. These locals don’t want to pay the gringo prices that dominate the hotel and rental game here…

Our Colombian developer has stepped in to target this local demographic. As an investor, you stand to profit.

Renting out your home will be hassle-free… The developer will provide turn-key property management using the same proven setup they use for their other properties.

And, again, projected rental income is 15% net per year.

Ten of the units have already been sold… so, at time of writing, just 17 remain. And, with the currency saving of US$9,800 on offer right now, I expect they won’t last long.

Lynn Mulvihill

Share86Tweet52
Lynn Mulvihill

Lynn Mulvihill

A native of Waterford, Ireland, Lynn Mulvihill has written on the topic of retiring overseas for nearly a decade, editing a variety of e-letters, newsletters, reports, and books. Lynn took a sabbatical in 2007 for the birth of her son…and, liking her new career, decided to stay home. Now moonlighting as a freelance writer and editor, Lynn continues to contribute to Live and Invest Overseas covering the beat of living and investing overseas. Though firmly rooted to her native soil, Lynn enjoys traveling…and has spent time in Europe, Asia, the U.S., and Central America.

Get Your Free Real Estate Report Today!
Simply enter your email address below and we'll send you our FREE REPORT – The World's Cheapest Real Estate Investments In 2025 Revealed

We Value Your Privacy! We will not share your email address with anyone else, period.
Our Expertise Unlocks The World

quick links

  • Best Places To Live
  • Best Places To Retire
  • Finding A Job Overseas
  • Real Estate

LIOS Resources

  • New To LIOS
  • Ask An Expert
  • Media Center
  • Contact Us
  • FAQs
the 10 best places to retire in 2025
Sign up for our free daily e-letter, Overseas Opportunity Letter, and get your FREE REPORT: The 10 Best Places To Retire Overseas In 2025

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

As seen in

US Media Logos

© 2008 – Live and Invest Overseas™ – All Rights Reserved.

About Us / Contact Us / Privacy Policy / Terms / Unsubscribe
Facebook-f X-twitter Youtube Linkedin-in Instagram

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
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

Conferences

Live and Invest In Spain Conference

VALENCIA, SPAIN Sep. 17-19, 2025
Learn More About This Event

Offshore Wealth Summit

PANAMA CITY, PANAMA Oct. 15-17, 2025
Learn More About This Event
PRE-REGISTER

GREECE WORKSHOP

VIRTUAL Nov. 13, 2025
Learn More About This Event
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

Free Report

THE 10 BEST PLACES TO RETIRE IN 2025

FREE REPORT: The 10 Best Places To retire in 2025

Sign up to receive the FREE daily e-letter, Overseas Opportunity Letter and we’ll immediately email you our editors’ latest research report…

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

LIBRARY

Follow Us:

© 2008 - Live and Invest Overseas - All Rights Reserved.

RETIRE OVERSEAS AND LIVE LIKE ROYALTY

Sign up for FREE to learn how. Plus, check out our FREE report on THE 10 BEST PLACES TO RETIRE


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

RETIRE OVERSEAS AND LIVE LIKE ROYALTY

Sign up for FREE and learn how to live the good life on a modest budget, find bargain property, and more. Plus, check out our free report on the 10 BEST PLACES TO RETIRE.

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