GREAT
PRICES!
IT’S A BUYERS MARKET
For a limited time only. Here’s why!
For
the past forty years our country has been engaged in an internal
war with guerilla factions known by abbreviated initials such as
FARC, ELN, etc. Initially their “mission” had some popular
support, especially among the poor in the distant mountain regions,
500 miles to the south of Cartagena. The current, and very popular
President Alvaro Uribe has vowed to eliminate this problem. The
U. S. government has declared these groups, “Terrorist Organizations”,
while pledging millions in aid and manpower, to the Colombia Government,
in an effort to help resolve the situation.
All Colombian’s have suffered, mostly the poor. When lasting
peace returns, the economy will boom, international investors and
corporations will return, and, REAL ESTATE PRICES WILL SKYROCKET.
We have seen this rapid economic change take place in other Central
and South American countries when they have resolved their civil
conflicts.
And, here in Cartagena, every day, we see positive changes-new construction
taking place on projects that have been “mothballed”
for years.
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For
the first time in decades, the general population is showing positive
signs that they believe: “the wind is changing in the right
direction”-toward a lasting peace.
We don’t expect a real estate “boom” to occur
until the entire country is safe. But, already, there are many individual
investors, and new businesses pumping serious money into our local
economy. In confidence, many believe they are investing: “ahead
of the crowd”, taking advantage of current low prices. Judge
for yourself. Come and visit Cartagena, for a vacation, and to see
firsthand: It’s a Buyer’s Market.
Our best advice to Cartageneros who ask if now is a good time to
sell: we tell them in all honesty: “NO, if you don’t
need the money, hold on to your property, and wait for a big payoff!”
We believe it will come, sooner than later. Because of the poor
economy, there are many who MUST SELL. There is an over supply of
good investment grade properties of all types.
Those who have the means and foresight to make wise investments
in Cartagena Real Estate NOW, can receive an added bonus as they
enjoy the “GOOD LIFE” that Cartagena on the Caribbean
offers.
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