URBAN HEIGHTS is an investment opportunity for multiple investors looking for an excellent cash flow and equity project via a real estate purchase in Bogota, Colombia.
The property is situated in one of the most desirable areas of Chapinero Alto, a short walk to Zona G, well located between downtown/La Candelaria and the exclusive business/entertainment zones to the north. This is a sought after destination among travelers.
The units will be rented as furnished value-luxury apartastudios geared toward the local and foreign markets. FARM/TAB are partnering with local foreign targeted real estate leaders, Colombia International to leverage FARM/TAB’s successful track record with on the ground resources in Bogota.
The building is located at Carrera 4 #58-27, on a tertiary street that connects all of Chapinero Alto. The building is estimated to be 35-40 years old and consists of 4 levels connected by a stairwell at the right front of the building. The structure is well suited for subdiving the 3 existing large apartments into 17 apartastudio units.
A garden is located in the rear of the building on the ground floor and will become a well manicured green space for the future tenants to enjoy.
The property is nestled into a gentle Chapinero Alto hillside affording 180° views from several of the east facing apartments. They overlook a park and a historically protected zone ensuring the integrated city views will not be blocked out by new construction.
Nestled within the prestigious Chapinero Alto, the popular boutique Zona G location and the ever expanding financial district, Chapinero is centrally situation in a booming area of Bogota that is currently undergoing rapid re-growth. Resulting from Chapinero’s strategic and CENTRAL LOCATION many new apartments buildings, hotels, and other municipal projects are creating a new buzz in the area making a
golden opportunity for real estate investors.
DEVELOPING TOURIST SECTOR
Large companies are seeing the opportunity of the area due to the close proximity to the financial district and they are starting to establish a presence in the area. Starbucks, 4 Seasons, Holiday Inn, Papa Johns Pizza, and many other groups are either operating out of or under construction in the Chapinero area all within a 15 block radius of URBAN HEIGHTS.
PROXIMITY BUSINESS AND TOURIST TRAVELERS
URBAN HEIGHTS is strategically situated in a peaceful and quite neighborhood within Chapinero that will appeal to the business travelers of the financial district.