Colombia’s Booming Caribbean Market

The world is hooked on Cartagena, Colombia’s Caribbean jewel. It sits atop go-to travel lists every year and brings people from across the globe together for one of the best times in South America.


As one of the oldest cities in Latin America––known for its Old Walled City recognized as a UNESCO World Heritage site––it pairs culture with stunning beaches, shopping and nightlife. Its diverse and distinct neighborhoods provide local flare, hip hangouts, and more places than you can count to kick back and soak up the Caribbean sun. Package this all up and you get Colombia’s top vacation destination.

And to top it all off, Cartagena real estate prices and rent rival those in the most expensive parts of other popular Colombian and South American cities.


Ambitious Project Developer Commitment

In just a few years, more than a dozen major international hotel chains, including Hyatt, Marriott, Hilton, Conrad, Melia, Radisson, Bastion, Intercontinental, Sofitel, Four Seasons, Viceroy and Estelar, have established or are establishing locations in Cartagena. Luxury hotels will represent more than $1 billion USD worth of investment in Cartagena by the end of 2018.

On top of that, each of these major chains will market heavily to their client base in the next two decades, giving Cartagena the opportunity to rise as one of the newest major destinations for luxury hotel chains––and reap increased tourism demand from sophisticated global marketing efforts.


Booming Tourism: By Air and Sea

Since 2012, the number of tourists traveling to Cartagena by air has grown by 55%


Air by the numbers

    • 8 International airlines currently serving Cartagena’s Airport.
    • 3 More International airlines opening lines to Cartagena by the end of 2017.
    • 2 Additional lines opened by KLM and TATAM just this year.
    • 1 Low cost carrier––Viva Colombia––entered the market four years ago and drove down intra-country airfares by more than 50% allowing Colombians to fly to Cartagena from Medellin or Bogota within an hour at a round trip cost of about $65 USD.

Why are these numbers important? Because one of the best indicators of tourist demand is reflected in the numbers and growth of airlines serving a particular city.


Sea by the numbers

  • 211 Cruises scheduled in 2017, showing 28% growth over the past from 2014-2017.
    97% Of passengers visiting Colombia by sea do so via Cartagena.
    30 Distinct cruise lines that currently visit Cartagena annually.

Tourism trendlines worldwide are all increasing with no sign of dropping, boding well for high rental occupancies and increasing rental rates while creating a continued strong base for property investments and rising appreciation in the coming decades.

Think Monaco, Miami Beach, Honolulu, Rio de Janeiro, Barcelona and other out of this world beach cities that have enjoyed above average market returns year-over-year. Cartagena is shining bright––but because timing is everything, this window of opportunity won’t last long. Contact us now to find the best deals in this amazing city.


Current projects in Cartagena

Casa del Toro – Vacation Rental

Be the life of the party. We just launched a rental that will awe your friends and family: a breathtaking colonial house with 5 bedrooms, room for 14 people, a swimming pool and jacuzzi, and bbq on the rooftop located in the middle of the best that Cartagena has to offer. Walk to street art, public squares, bars, mojitos and art that blooms among the culture and entertainment of Getsemaní––a neighborhood inside the original walled city that has flourished as one of the most authentic and dynamic area of the city.


Our Listings in Cartagena

We’ve made it easy for you to own and invest in a piece of this magic through a handpicked list of the best deals in the city. Explore your possibilities in our featured Cartagena Listings.

  • Property Type: Residential
  • Floors 1 - Bedrooms 4
  • Full Bathrooms 5
  • Construction Area: 298.00 m2 / 3,207.65 ft2
  • Property Type: Residential
  • Floors 2 - Bedrooms 4
  • Full Bathrooms 5
  • Construction Area: 500.00 m2 / 5,381.96 ft2
  • Property Type: Residential
  • Floors 4 - Bedrooms 6
  • Full Bathrooms 7
  • Construction Area: 700.00 m2 / 7,534.74 ft2
  • Property Type:
    Waterfront Lot
  • Lot Size 53,800.00 m2 / 579,098.38 ft2
  • Land Size: 5.38 ha / 13.29 acre

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