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Rental yield in El Retiro, by neighborhood
Buying an apartment to rent out in El Retiro yields about 6.3% gross a year: a square meter rents for COP 49,200 a month and sells for COP 9,310,000 (roughly 16 years of rent to pay the price). Highest yields: Los Salados (6.8%), Don Diego (6.6%), El Carmen (6.4%); lowest: Pantanillo (6.0%), Santa Elena (6.3%), El Carmen (6.4%).
Rent per m² × 12 ÷ sale price per m², medians of today's listings, unfurnished apartments of 40 to 200 m² on both sides. Not investment advice.
| Neighborhood | Gross yield | Rent / m² / mo | Sale / m² |
|---|---|---|---|
| Los Salados | 6.8% | COP 57,300 | COP 10,160,000 |
| Don Diego | 6.6% | COP 56,100 | COP 10,120,000 |
| El Carmen | 6.4% | COP 53,700 | COP 10,000,000 |
| Santa Elena | 6.3% | COP 49,300 | COP 9,360,000 |
| Pantanillo | 6.0% | COP 43,500 | COP 8,700,000 |
FAQ
What is the rental yield in El Retiro?
Buying an apartment to rent out in El Retiro yields about 6.3% gross a year: a square meter rents for COP 49,200 a month and sells for COP 9,310,000 (roughly 16 years of rent to pay the price). Highest yields: Los Salados (6.8%), Don Diego (6.6%), El Carmen (6.4%); lowest: Pantanillo (6.0%), Santa Elena (6.3%), El Carmen (6.4%). Gross, with asking prices: before building fees, property tax, vacancy and taxes. Not investment advice.