Santa Marta Real Estate, Beachfront Vacation Rentals and Oceanside Properties

Santa Marta, the oldest Spanish colonial town in Colombia, is home to the warmest beaches in the world and is a prime destination for a vacation or luxury retirement property for the ocean-loving investor. Santa Marta real estate offers a reasonable Caribbean investment opportunity.

Santa Marta and Cartagena have become very popular hotspots for international travel, but many have said that Santa Marta is a more livable city because it is very friendly to foreigners, but not as crowded with tourism as other coastal towns. Flanked by the mountain peak of Sierra Nevada, Santa Marta is also just a short drive from some of the most beautiful tourist attractions in all of Colombia, including the white sand beaches of Tayrona, an old fishing village at Taganga, and the Mamancana nature reserve.

Local developers have recently invested in the commercial real estate market, bringing more shopping to the city’s center, but the residential real estate market has not been expanding as quickly as other areas of the coast. However, oceanfront condominium complexes are available for retirees or real estate buyers looking for a vacation home. These would also serve well as vacation rentals because this is a very popular destination for Colombians to visit with their families. Demand is high, as many hotels book up six months to a year in advance.

Luxury home construction is also underway in the desirable neighborhoods of Buenavista and El Jardin. Beachfront condominium construction would be a welcome addition to the community and would likely garner enormous returns for the real estate investor. The most suitable areas for development are in the southern and northern outskirts of Santa Marta, away from the noise and congestion of the city’s center.

Santa Marta real estate has a lot to offer retirees, vacationers and investors who could appreciate the beauty of an oceanfront condominium in a historic and tourist-friendly location.