Just like in Europe! Bogotá Mayor's Office auctions houses starting from $25 million: here is how you can buy one

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📰 Colombia

Just like in Europe! Bogotá Mayor's Office auctions houses starting from $25 million: here is how you can buy one 07.07.2026

El Colombiano

Inspired by European initiatives that sell homes for one euro to revitalize towns, the Bogotá Mayor's Office offers an affordable alternative for those seeking low-cost properties. Through the Bogotá Real Estate Portal (Portal Inmobiliario de Bogotá), the district administration maintains a constant supply of state-owned assets that includes various types of real estate. The variety of the offer is broad, ranging from apartments and lots to commercial premises and even shares in hotels. The prices of these properties are significantly lower than conventional real estate market values, starting from 25.9 million pesos. This strategy seeks to facilitate access to housing and leverage the potential of state assets, allowing interested citizens to acquire property through official processes managed by the corresponding government entity in the Colombian capital.

El Colombiano Full Article

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