El Peñón

Cali's upscale riverside barrio, El Peñón's dining, galleries and boutique hotels by the Río Cali and La Tertulia museum

Updated May 24, 202611 min read

About El Peñón

El Peñón is Cali's upscale riverside barrio, set along the Río Cali beside the Museo La Tertulia: boutique hotels, art galleries, antique shops and one of the city's best clusters of restaurants and bars make it a refined, walkable and notably safe prime district, with the Bulevar del Río on its doorstep. For investors, El Peñón is a prime lifestyle and short-let play: strong gastronomy and tourism demand in a safe, walkable riverside setting drive solid gross yields of ~6–7.5%. Upscale apartments and boutique conversions are the core stock. Colombia's fully open foreign-ownership regime and the real-estate Migrant (M) visa keep acquisition simple, with transactions in Colombian pesos and currency exposure the key variable.

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Location

El Peñón in Cali, Valle del Cauca, Colombia

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Figures are indicative and subject to change. Regulations, taxes and market conditions vary by jurisdiction. Do your own due diligence and seek independent legal and financial advice.

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