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Lately there has been a run of negative comments on the social media I look at, about the real estate business in Colombia, specifically the service provided by agents, and their competency. As the owner of two real estate companies, I feel compelled to defend ourselves, the others and their capabilities do not concern us….

I haven’t been here for quite awhile as the time I have alloted to social media has gone mostly to the company youtube channel where I posted our 59th video on June 9th. There is an abundance of information and advice there, mainly about Armenia, that is easily accessible, just search the company name, Armenia…

Not really a blog but some information for those that follow the webpage. We have done eleven videos on youtube over the last twelve days or so with lots of good information about Armenia, most of which can be extrapolated to the rest of Colombia. We started with the mess that the real estate system…

The current market in Armenia seems to have returned to some level of sanity. Over the last twenty four months or so, many listings looked well ahead of the value curve and sellers, we believe with ¨quasi¨agents advice, continued to increase the price trying to follow the market upwards. The problem with that that few…

In order to bring some semblance of structure to real estate activities in Armenia, ours at least, we have recently adopted the American Realtor Code of Ethics as our SOP, Standard Operating Proceedure. A few articles therein are not relevant to Colombia, for example, article eight deals with escrow accounts, there are none here, and…

We thought that a comment about the current cost of living in Armenia would be a subject to review as we move into a new year. There are many youtube videos about that, most are fairly accurate but are generalities, we want to provide the actual numbers of our expenditures for the last billing cycle….

For foreign buyers arriving in Armenia for the first time, we hope there aren’t many, and why would we say that when we are in the business of selling?? It’s because our advice has always been to learn about Colombia first, in our case Armenia and area, rent for as long as it takes to…

How many times have we all heard that worn out descriptor when discussing real estate valuations? And it has never been truer than when comparing property in Colombia to similar in your hometown, money goes much farther here but let’s step back for a minute and examine the reasons why. Land is plentiful and inexpensive,…

The team that myself and my business partner had visualized to assist expats in all phases of a move to Colombia, is nearing completion. My partner is an architect that has worked many years in Europe but also spent the last two decades in Bogota, you could say that Colombia is in his blood. He…

Further to our blog of December 13th, the resolution that was passed by the government raised the Minimum Monthly Wage by 16% rather than the 13.5% that had been proposed. That increases the Migrant Residential Visa investment requirement to just under $85,000 US, using a conversion rate of 4,800 COP to the dollar. In our…