Cartagena Real Estate

CARTAGENA REAL ESTATE AND PROPERTY FOR SALE INFORMATION FOR CARTAGENA COLOMBIA.

More people every year are discovering that Cartagena has become one of the Caribbean's most charming hidden gems. The ideal destination with warm, sunny climate, beaches, marinas, islands, world class cuisine restaurants and boutique hotels. This picturesque coastal city receives close to 1 million foreign visitors per year, who are drawn by its romantic atmosphere and buzzing cultural and social scene. If you are looking for property for sale and real estate investments, Cartagena Colombia is a great spot.

While Cartagena's historic 'Walled City' is Colombia's main tourist attraction and culture center, and an extraordinary place to live and invest, it is the tourist and beach sector of Bocagrande with its modern skyline, that is about to embark on another major renaissance of its own! As testament to the country's commitment to tourism, within a nine block stretch along the Caribbean beach front (malecon), five major new hotels have begun construction, or soon to start, including two shopping centers. To the north between 12th and 13th Streets, the Hyatt Regency Hotel with the Washington Plaza shopping mall with 80 locals and 250 hotel rooms and 230 apartments, comprised of 3 towers of 34 floors each. Next in line will be the new Marriott Hotel with its 278 rooms. A couple blocks further the Sheraton Hotel / Cartagena Ocean Tower complex with 276 suites, has started construction. A couple blocks down the beach, the Spanish chain, Iberostar Hotel will commence construction early 2012 on its 60 story structure. The next block, already under construction, the InterContinental Hotel, 280 rooms, will be one of the anchors of a 215,000 square foot mixed use real estate development that includes another shopping mall with upscale shops, large casino, convention center facilities, movie theaters and restaurants….located on the corner Ave. San Martin and 5th Street, fronting the beachfront. One can only imagine what this will mean for investment potential and property values of all real estate for sale in the area over the next few years?

Now is definitely the time to come to Cartagena for a visit and consider if it's right for you. As a wonderful vacation destination, or an ideal place for retirement, for all, or part of the year, or simply a great property investment opportunity?