@juniorrosas031598 I bought a house in many four years ago it is already doubled in value. The cost of homeownership is small compared to the US but the process of buying a home is very difficult so be prepared for a very difficult long process. But in my case it has been well worth it
@zbodell Seriously doubt the property doubled in value, selling is much more difficult than buying and if the communist government takes over all property will become unsellable.
@Laker4115 You are probably right - the Colombian peso value has almost halved in the last 4 years or so against the dollar. So even if the price in pesos for a property doubled, you may still have about the same in USD. And of course you do not realize any increased value, unless and until you sell - and then you'd have to buy another dwelling which would also be at today's inflated prices.