at it's peak, it is 1000 a night but it is a 4 bedroom. divide that by 4. It can also host up to 8 guests. Still expensive though nonethless. Things are definitely changing down there. The good news is that you can still visit other cities that have very little tourism. Sure, they aren't probably as good as medellin, but they are still very cool and way cheaper.
I can’t put my finger on it, but these guys come off as modern day conquistadors. Plucking up as many properties as possible pricing the natives out. “Cuidado con el hombre del caballo blanco pálido.” Colombianos!!!
And this is exactly why Colombians hate the gentrification. A group from Pereira might have stayed there in the past but now the cost is 10×. It's happened all over the city unless you go to the barrios. It's nuts
And Colombians also love airbnb arbitrage, which is the biggest Accelerator of furnished apartment and shorter term rental creation. Check out Maurice Hofra'a following on instagram. We're in a global real estate and hospitality market now. Residences priced by Square meter are now hospitality businesses priced by potential profits. What will you do? What will I do? Sure some people have tremendous family or economic wealth and have an advantage,but the questions are still the same.
After 13 years exploring every rincón de Colombia, it's very very very difficult to define "an average Colombian". Most are entrepreneurial, echado pa delante, alegre, hospitable, open to tourism, enjoy economic growth. Please correct me if I'm wrong, but any class of people working minimum wage in any city are getting priced out of the best parts of town.
I've just noticed that particularly in Medellín, unless it's a group comprised of paisas and foreigners, they aren't jacking rentals hundreds of dollars a night but maybe more like a million pesos a month. You can correct me if I'm wrong there because I'm only basing my observation off of people I personally know, not macro stats. I know a fair amount of people from the city. But I don't know anyone jacking prices on their rentals 10 fold
@@jonsnow9700 pre-airbnb and foreign run airbnb's in Medellin and bogota, furnished rentals came out at absurb premiums over unfurnished rentals. Even with cheapo furniture. It was quite bizarre. Airbnb is a platform that everyone is learning how to optimize and increase Profits. It made STR market accessible For all, but yes international citizens were generally quicker to adopt the tech. There is a huge airbnb education business in the US and is clearly being adopted here in the local market. Not to mention. 98% of the hospitality and restaurants that are all Colombian owned and in price discovery based on who's visiting and what they can pay.
Mayor just past a law. If you rent to noisy people, or one's that bring women to their rooms at night. They uave the right to take it from you, no questions asked
Seems way overpriced but what do I know, guess passport bros coming to pay to play in Lleras for a few nights are willing to pay. This place looks nice on Airbnb photos but on video is quite underwhelming and I was shocked how old and dingy the building is. I live in something much nicer here for far less, but on a long term basis of course.
Great content man, but you are in dire need of a better microphone. For a tenth of a 1% of one of these properties you could get a DJI Mic kit and 10x your audio quality.
@@SamMillerLife Your video quality is just fine! And a new GoPro will be great for video stabilization. It's mostly an audio thing. When it's just you talking on camera the audio is generally fine, but with a guest often is difficult to hear. Keep up the great work.
@@SamMillerLife all jobs that do not require a physical presence at the job site are the first to go...and the rest will be taken over by robots ....we will have more time to be full time travelers though ...but making money on the road will be gone in 3 years
I can assure you it won't end all of us. I work in a fairly niche position though that requires human to human interaction and am not a tech bro or remote sales guy.