Home buying trends in Colombia: foreigners, Colombians abroad and interregional buyers
The Colombian real estate market is undergoing a silent but profound transformation: more and more buyers are purchasing homes outside their region of residence or even from abroad. According to the most recent Camacol report (May 2025), almost one in four new homes sold in the country today depends on external factors, whether from foreign investors, Colombians abroad sending remittances, or families who decide to buy in cities other than where they live.
These trends confirm that the Colombian real estate market is no longer just local, but interconnected and globalized, with opportunities expanding beyond traditional geographic borders.
According to the most recent Camacol report (May 2025), 8.8% of new home sales in Colombia are to non-residents, an increase of 1.6 percentage points compared to 2024. Of this total, 2.4% are to foreigners, and 6.4% are to Colombians living abroad who purchase with remittances.
Below is a graph showing the average percentage of sales to non-residents:
Buyers Crossing Internal Borders
It’s not just residents abroad who are driving the market. Camacol also found that 15.2% of new homes are purchased by Colombians in regions other than their place of residence.
In departments such as Tolima (56%) and Magdalena (55%), more than half of the homes are sold to buyers from other cities. Other attractive destinations include Quindío, Bolívar, Meta, and Huila.
Bogotá and Cundinamarca account for 84.5% of interregional purchases, mainly to Tolima (39%), Magdalena (21%), and Bolívar (11%).
In the following graph, we can identify the main destinations for interregional buyers.
What does this mean for investors?
The results are clear: one in four homes sold in Colombia depends on dynamics external to the project region.
This confirms that the Colombian real estate market is no longer local, but interconnected and globalized. For investors, it represents:
- Diversification: the possibility of purchasing in regions other than their place of residence or country of origin.
- Advanced value: access to growing tourism and second-home markets (Caribbean Coast, Coffee Region).
- Opportunity in remittances: Colombians abroad are an increasingly strong driver of real estate demand.
Buying a home in Colombia is no longer just a local activity: it is part of a rapidly internationalizing market. Investors—local, national, or foreign—find a country with dynamic regions and growing opportunities beyond their place of residence.
At Prymero, we help investors and buyers make informed decisions with data, strategic vision, and reliable support.
Schedule your free 30-minute initial consultation and discover the best investment opportunities in Colombia.
