WHAT-IS-A-PREP-compressor

The acronym PREP stands for Packaged Real Estate Project, which is a signature investment vehicle designed by First American Realty.

This investment structure allows multiple investors the ability to participate in a hand-picked, fully turn-key real estate investment project that produces cash flow and equity.

In short, our expert investment team finds undervalued real estate in desirable or up-and-coming areas that present exceptional opportunities in the short-term vacation rental market.

By purchasing older properties, and using our expertise to totally renovate the space for maximum rental potential, we are able to maximize investor returns.

A PREP is fully managed by our local, on-the-ground team from selection and rental assessment, right through to the renovation, interior design and presentation on our rental listing websites.

We then manage the successful rental of the property via our extensive team of marketing specialists, booking agents, concierge and hospitality staff.

While PREP is a relatively new term, First American Realty Medellin (FARM) have been doing these types of packaged investments for the past five years and we have a 100% proven track record of success in every PREP we have created.

We are pleased to present to you our latest offering which is our twelfth over the last five years and our second in Cali.

This investment opportunity consists of over 500 metes of office space dedicated to tourism and other services for forignes located on the main street inside the tourist disctrict of El Poblado.

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This investment opportunity consists of 11 executive level studio and one bedroom furnished apartments located in the developing area of Manga, close to the famous walled city in Cartagena.

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This investment opportunity consists of four very high end one, two and three bedroom luxury furnished apartments (including Jacuzzis) located in the prime tourist neighborhood of Provenza.

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Envigado Lofts apartments are a one of a kind, loft style, conversion project in the up and coming neighborhood of Jardines, in the City of Envigado (adjacent to the famous El Poblado

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This investment opportunity consists of five low to mid range studio and one bedroom furnished apartments located inside the tourist disctrict of El Poblado

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This investment opportunity consists of four mid range to excecutive level one, two and three bedroom furnished apartments (some with Jacuzzis) located inside the tourist disctrict of El Poblado

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This investment opportunity consists of a fully renovated and furnished two bedroom apartment located in the picturesque, up and coming area of Sabaneta, Medellin.

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This investment opportunity consists of a fully renovated and furnished two bedroom apartment located in the picturesque, up and coming area of Sabaneta, Medellin.

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This investment opportunity consists of five low to mid range studio and one bedroom furnished apartments located inside the tourist disctrict of El Poblado

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