Penthouse interior render
Investment Opportunity · Medellín, Colombia

Laureles
Penthouse

A 212 m² duplex penthouse in Conquistadores — one of Medellín's most coveted neighbourhoods — reimagined for the premium long-term rental market.

212 m²
Total area
~9.6%
Target yield
4 bed
Bedrooms
2010
Year built
Scroll
The property

High above
the city

A rare opportunity to acquire and transform a spacious duplex penthouse at the top of a well-maintained building in Laureles-Conquistadores. With 212 m² across two levels, four bedrooms, a private terrace, and two garage spaces, this property has every ingredient of a premium rental asset — it simply needs the right vision to unlock its full potential.

The vision

Warm industrial
meets Medellín

The renovation concept keeps what the property already does well — generous marble floors, an exposed brick wall, a dramatic duplex staircase — and elevates them into statement design features. A floating walnut staircase, open kitchen island, and terrace jacuzzi position this as one of the most compelling rental offerings in the city.

Kitchen and staircase
Floating staircase · open kitchen · walnut island
Terrace and jacuzzi
Private terrace · jacuzzi · pergola · city views
Key features

What makes this
exceptional

01
Duplex penthouse
Two levels · top floor · maximum privacy
02
Private jacuzzi terrace
Panoramic city views · pergola with integrated lighting
03
Marble floors throughout
Crema Marfil stone · polished finish · existing asset
04
Exposed brick accent wall
Original feature reframed as premium design element
05
4 bedrooms · 3 bathrooms
Ideal for expat families and senior professionals
06
Two garage spaces
Rare in Laureles · significant added value
07
Floating walnut staircase
Centrepiece of renovation · steel handrail
08
Open kitchen island
Dark walnut cabinetry · stone countertop · bar seating
The numbers

Return on
investment

Two scenarios modelled for long-term rental income. Target tenant profile: international executives, expat families, and senior professionals relocating to Medellín.

2.5M SEK
Purchase price
~$265k USD
$80k
Renovation budget
Full transformation
~$354k
Total investment
All-in USD
$9k
Closing costs
Estimated
Optimistic scenario
Premium positioning
Monthly rent$4,200
Gross annual income$50,400
Property management (13%)−$6,550
HOA + utilities−$7,000
Tax + maintenance−$2,800
Net annual income
$34,050
9.6%
Conservative scenario
Market rate
Monthly rent$3,200
Gross annual income$38,400
Property management (13%)−$4,990
HOA + utilities−$7,000
Tax + maintenance−$2,800
Net annual income
$23,610
6.7%
The location

Conquistadores,
Laureles

Laureles-Conquistadores is consistently ranked among Medellín's safest and most desirable neighbourhoods — attracting a discerning mix of Colombian professionals and international residents, and offering the lifestyle premium that justifies top-tier rents.

Safe, walkable, residential character
High demand from expats and senior executives
Close to El Poblado and business districts
Strong long-term rental market fundamentals
Medellín's continued growth as a global destination
Interior vision