Year: 2026 2025 2024
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Bogota, Colombia

Property prices · 2025 · Americas · Price +4% vs 2024

Price/sqm — City Centre COP 5,720,000
Price/sqm — Outside Centre COP 3,328,000
1-Bed Rent / Month COP 1,872,000
3-Bed Rent / Month COP 3,640,000
Avg Mortgage Rate 12.80%
Price-to-Rent Ratio 13.0x Buying may offer better long-term value

Property price trend in Bogota (2024–2026)

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Property comparison — cities in Colombia (2025)

City Centre /sqm Outside /sqm 1-Bed Rent vs Bogota
Bogota COP 5,720,000 COP 3,328,000 COP 1,872,000
Medellin COP 6,955,000 COP 4,494,000 COP 1,605,000 +21.6%
Cali COP 5,136,000 COP 3,424,000 COP 1,284,000 -10.2%

Other Americas cities (2025)

Frequently asked questions

How much does property cost in Bogota in 2025?

In Bogota, the average price per sqm in the city centre is COP 5,720,000, and COP 3,328,000 outside the centre (2025 data). Prices have risen 7% since 2024.

How much is rent in Bogota in 2025?

A 1-bedroom apartment in Bogota rents for approximately COP 1,872,000 per month in 2025. A 3-bedroom apartment costs around COP 3,640,000/month.

Is it better to buy or rent in Bogota?

Buying may offer better long-term value in Bogota. The price-to-rent ratio is 13.0x — it would take approximately 13.0 years of rental payments to equal the property purchase price. Current mortgage rates are approximately 12.80%.

What are mortgage rates in Colombia in 2025?

The average mortgage rate in Colombia is approximately 12.80% as of 2025. With a price-to-rent ratio of 13.0x, buyers should carefully weigh mortgage costs against rental savings.

How have property prices in Bogota changed?

Property prices in Bogota have changed +4% vs 2024. Since 2024, prices have increased by 7%. Use the year tabs above to compare prices across years.

What is the price per sqm in Bogota?

The average property price per square metre in Bogota city centre is COP 5,720,000 in 2025. Outside the centre, expect to pay around COP 3,328,000/sqm.

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