MRS0077

$ 4.864.000.000 COP Apartment 303 features a living room, dining room, kitchen, 2 bedrooms, and 3 bathrooms. Penthouse 1 includes 2 bedrooms, a laundry area, and an 80-square-meter open terrace with a magnificent view; there is also the potential to build a rooftop deck to further enhance and expand that view. Both units are located in the Rincón de la Covadonga building at Calle del Colegio 34-50. The market rate for unrenovated property in Cartagena’s Historic Center is valued at $16,000,000 COP per square meter. Notably, these two properties were renovated in 2010 by a prestigious construction firm with all required permits. The apartment currently enjoys a privileged position with views of both the Old City and the modern city—a rarity for a penthouse of this caliber—and remains in excellent condition within the Walled City. We would like to highlight that the price per square meter for this renovated unit is well below market value, representing a significant investment opportunity.