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Recent studies carried out in Bogotá show that, which focus on showing the economic problem that arose in the upper strata: before the pandemic, an apartment could be rented in those areas between 4 and 5 months on average, but now it can last empty up to 6 months, on average.
The data was released by the Aptuno portal, which emphasizes that the time it takes to rent the property depends on the type of it.
“For example, an apartment on average can last 150 days empty, that is four months, while a house it takes twice as long, approximately 268 days, the equivalent of 9 months”Explained Juan Martín Delgado, co-founder of Aptuno, as quoted by the newspaper Portafolio.
The expert also indicates that the stratum in which the property is located must be taken into account. In stratum 6, for example, the vacancy can reach up to 176 days, that is, it is more complicated to rent.
When it comes to home sales times, the most important factors taken into account in this business are the cost of the property and where it is located.
“Properties with a value of less than $ 200 million take, on average, 8 months to sell, while that properties over $ 200 million take about 9 months”Said Juan Sokoloff, data coordinator at the Habi.co. platform, quoted by the same medium.
Rentals in Bogotá: which is the most expensive neighborhood?
Last November it was learned that the most expensive sector to live in is Chicó, in the north of the city. According to the portal Propiedades, mentioned by El Tiempo, an average cost per square meter in that area is 2,014 dollars, followed by the El Poblado sector, in Medellín.
Both areas of Colombia are in the ‘ranking’ of the most expensive in Latin America, even during times of pandemic.
