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How Does the Real Estate Sector Works in Medellin, Colombia?

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  Buying or renting a house in Medellin, Colombia, can be very difficult for an expat. The Colombia real estate sector has different rules and regulations than the USA and other countries.  Additionally, many real estate agents can't speak much English. So, you must understand the real estate sector before you purchase houses for sale in Medellin, Colombia . Here, we have listed some of the most important things you must know before buying properties in this Latin American city:    No multiple listing service in Colombia    In Colombia, there is no MLS or multiple listing service. Hence, finding houses for sale in Medellin,      Colombia, can be difficult. A lack of MLS can also make it harder to find comps and learn about   market prices.   However, many websites in Medellin can help you find a list of properties for sale in the city. This way, you can learn about market prices in different neighborhoods. This can prevent you from ...
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Which is better – Renting or Purchasing Apartment in Medellin Colombia?

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One of the main differences between renting and purchasing a property in Medellin Colombia is the expense . Another difference that helps you to make the right decision is the investment. If you are confused in deciding whether you should rent or purchase a property in Medellin, it is recommended not to make a decision based on economics. You should also consider several other aspects, such as the level of your lifestyle, future plans, and your requirements. Here, you will get to know about some benefits of purchasing or renting an apartment. We will also help you in deciding by giving a few points that you should take into account. Purchasing or Renting? You can find endless apartments in Medellin Colombia that ensure to meet the varied needs and budgets of the people. If you want to decide whether it is better to purchase or buy an apartment, the very first thing you should do is calculate the amount of money you can spend a year on rent. You should also calculate the amount of money...
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