Provenza Penthouse Duplex: Investment Opportunity with Private Terrace & City Views.

This property represents a strategic entry into Medellin’s most dynamic real estate market. As an undervalued asset due to its current state (Renovation Opportunity), it is located within a boutique building of only 8 units, ensuring superior administrative control and exceptionally low overhead. With a monthly HOA fee of just $125,000 COP, operational impact on cash flow is minimal, significantly optimizing the net return for the investor.

Investment Potential & Yield: Spanning two levels and featuring 2 oversized bedrooms, the layout is perfectly suited for the luxury short-term or mid-term rental model. There is currently an extracurricular agreement among the homeowners to update the Building Regulations (RPH), which will formally authorize short-term rental operations (Airbnb). Its location in the heart of Provenza guarantees structural occupancy rates well above the city average, as it is the premier destination for high-net-worth tourism in El Poblado.

Competitive Advantages:

• Space & Exclusivity: By distributing 117 m² (1,259 sq. ft.) across only 2 bedrooms, the asset allows for large-scale social and private areas, setting it apart from the saturated market of cramped micro-apartments.

• Private Terrace: The second level offers an open outdoor area with panoramic city views—a critical amenity that justifies a premium Average Daily Rate (ADR) compared to standard hotel offerings.

• Operational Efficiency: As a walk-up building (4th floor), maintenance costs remain at a minimum, directly translating into a higher monthly yield for the owner.

• Equity Opportunity: This acquisition allows for a custom high-end renovation, capturing immediate value appreciation in a district with limited inventory and no remaining land for new developments.

Technical Specifications: The 117 m² floor plan includes 2 bedrooms, 3 full bathrooms, a private parking space, and a versatile top-floor area that functions as a storage unit. This is a low-density, high-demand asset in a Triple-A location, ensuring immediate liquidity and consistent capital appreciation.