Bogotá

Bogotá is Colombia's capital and largest property market, a high-altitude Andean metropolis of around 8 million people (and an 11.8-million-person metro) that serves as the country's business and government hub. Its investor market concentrates in the affluent north and east, Chapinero, Usaquén, Chicó, Zona Rosa and Cedritos, where professional rental demand is deepest. Prices grew modestly in nominal terms in 2025 but were slightly negative in real terms, framing Bogotá as a recovery market with attractive headline rental yields. As elsewhere in Colombia, foreign buyers must register inbound funds with the central bank (Form 4) to preserve repatriation, and gross yields should be discounted for costs.