How to buy the finka lifestyle of medellin?

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How to buy the finka lifestyle of medellin?

If you spend a lot of time visiting or living in medellin, it’s only a matter of time before you are invited to someone else’s hands. Finca from English literal translation for the word “farm”, but in fact we are here to talk about leisure farms, weekend getaways, pasture, the villa, the content of the cabin, but you can call them. Like the hamptons to New York, Martha’s vineyard to Boston, from lake tahoe to San Francisco, or from muskoka lake to Toronto, east of medellin Rionegro near the airport area collectively known as “Oriental”. If you have extra money, you can buy an acre or two (or 10 pounds) at Oriente and return home over the weekend in medellin’s 60-90 minutes. I can see from my personal experience that nothing is more valuable than spending a long week on the mountain in medellin.

Easterners are not the only place, though. North have gerardo tower and barbosa, west of SAN pedro, SAN geronimo and Santa fe, the south is rast Leila, caldas, south axis and citrus and coffee and coffee or cafe. Guatape is another popular destination for fincas, but it can cause you to get stuck in traffic for two to four hours over the weekend.

Whatever the location, finca’s lifestyle can perfectly balance the hectic lives of Medellin. Once you get out of bed and across the valley of Roman abramovich in medellin, air cleaner, redundant degrees elevation makes temperature decreased, and when you mix together dozens of villages in the locals, life will slow down, Ann’s Mr Phosphite region.

If you spend a lot of time visiting or living in medellin, it’s only a matter of time before you are invited to someone else’s hands. Finca from English literal translation for the word “farm”, but in fact we are here to talk about leisure farms, weekend getaways, pasture, the villa, the content of the cabin, but you can call them. Like the hamptons to New York, Martha’s vineyard to Boston, from lake tahoe to San Francisco, or from muskoka lake to Toronto, east of medellin Rionegro near the airport area collectively known as “Oriental”. If you have extra money, you can buy an acre or two (or 10 pounds) at Oriente and return home over the weekend in medellin’s 60-90 minutes. I can see from my personal experience that nothing is more valuable than spending a long week on the mountain in medellin.

Easterners are not the only place, though. North have gerardo tower and barbosa, west of SAN pedro, SAN geronimo and Santa fe, the south is rast Leila, caldas, south axis and citrus and coffee and coffee or cafe. Guatape is another popular destination for fincas, but it can cause you to get stuck in traffic for two to four hours over the weekend.

Whatever the location, finca’s lifestyle can perfectly balance the hectic lives of Medellin. Once you get out of bed and across the valley of Roman abramovich in medellin, air cleaner, redundant degrees elevation makes temperature decreased, and when you mix together dozens of villages in the locals, life will slow down, Ann’s Mr Phosphite region.

With the growing affluence of the medellin people, land became more expensive in 1-2 hours. Las palmas corridor between medellin and airport has some of the most expensive $/ m or $/ hectares of rural land in Colombia, the price can be $500000 dollars per hectare and more in some areas.

Local language and terminology.

It is important to understand local measurements and local lingo when exploring rural land. You will hear words and measurements like this, asking questions in Spanish, like “cuantas cuadras?” “, “cuanto por hectaria?” “And” donde son los linderos? .

Measurements:

1 hectare = 2.47 acres.

1 hectare = 10,000 meters.

1 acre = 4000 m (approximately)

1 “cuadra” = 6400 m

Note: Colombia does not use an acre at all, and the conversion is for us/Canadian readers. In most cases, you will hear a lot of land in meters (smaller lots), hectares (larger lots) and “cuadras” (areas).

Finca vocabulary – just to get you started!

Lot = lote

The Property line = lindero

Utilities = servicios

Septic tank = pozo septico.

Well water = usually pozo or “agua que sale del pozo”

Partition/project = parcelacion.

Water right = derechos DE agua.

Fence = cerco/lindero.

Mayor domo = nursing staff.

Gate = porton

Road/paved road = pavimentada.

Dirt road = careterra destapada.

Toll roads = peaje.

Coffee Region = eje cafetero.

Urban planning = planeacion.

Partition = POT

Many people ask me, “how much does a finca cost?”

This is not the right question. If you bought one in the market, so you’d better set a budget, then back to the site, the size of the area, the existence of the house/building/quality/priority and other factors. Generally speaking, the area of the larger fabric per square meter (all other areas are the same) is lower, and the price of a built house can be increased by $1,000,000 per square meter. The average land value in the eastern region of medellin is close to $100,000 to $150,000 per square meter, near the paved road service (water/electricity). Santa Elena could be cheaper, and Llanogrande would be more expensive. Guarne is you can still in the east, the north and west of SAN pedro Girardota find bargaining, low price ($/ m2) to $25000, COP/m2 (or 2.5 acre section of about $80-90 k USD).

Bottom line: like all real estate budgets, you just need to balance priorities until you find the right finca, and you’ll be satisfied.

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