Colombia rental yields in 2026: the published figures, and what comes off them.
// Short answer
The most-cited published figure puts Colombia's average gross rental yield at 7.01% in Q1 2026, according to Global Property Guide. Those are gross figures from asking prices and asking rents, not what an owner keeps, and they are that source's figures, not a Brinkman Data calculation. The spread inside each city matters more than the average.
Rules and rates as of September 2026. Colombian tax law was amended by emergency decree in 2026 and the minimum wage behind the visa threshold is under a transitional decree, so check the dated items again before you sign. Every figure links to its source.
On this page
What is the average rental yield in Colombia?
Global Property Guide puts Colombia's average gross rental yield at 7.01% for Q1 2026, up from 6.88% in Q3 2025. The figures are gross, built from asking prices and asking rents, and the same source says net is typically 1.5 to 2 percentage points lower. These are that source's figures, not a Brinkman Data calculation.
Global Property Guide says its data comes from local portals, including Metrocuadrado. A gross yield is rent before any cost. The costs that come off it are listed further down this page.
What are rental yields in Bogotá, Medellín and Cartagena?
Per Global Property Guide's Q1 2026 data for apartments, the average gross rental yield is 7.71% in Bogotá, 7.25% in Medellín and 5.58% in Cartagena. All are gross figures from asking prices and asking rents, and all are citywide averages.
| City (Global Property Guide, Q1 2026, apartments) | Average gross yield |
|---|---|
| Colombia average | 7.01% |
| Bogotá | 7.71% |
| Barranquilla | 7.49% |
| Pereira | 7.29% |
| Medellín | 7.25% |
| Cali | 7.19% |
| Bello | 7.09% |
| Santa Marta | 6.44% |
| Cartagena | 5.58% |
Why does a citywide yield average mislead in Colombia?
Because the spread inside one neighbourhood can be wider than the gap between cities. In the same Global Property Guide data, Bogotá's Usaquén runs from 6.04% to 9.76% gross depending on bedroom count, while Medellín's El Poblado runs from 7.09% to 7.65%.
| Neighbourhood (Global Property Guide, Q1 2026) | Gross yield range |
|---|---|
| Medellín, El Poblado | 7.09% to 7.65% |
| Medellín, Laureles | 6.46% to 7.18% |
| Bogotá, Chapinero | 6.68% to 7.44% |
| Bogotá, Usaquén | 6.04% to 9.76% |
The question that matters is never the city. It is the building, the unit size and the rent it can actually get.
What comes off a gross rental yield in Colombia?
Municipal predial, set by each city between 0.5% and 1.6% of the cadastral value. Then tax on the rent: 20% statutory withholding on rent paid to a non-resident, and a flat 35% non-resident income tax rate. Large holdings also meet wealth tax from 72,000 UVT of Colombian net wealth.
- Predial: the rate varies by stratum, use, area and value. City rates were not verified for this page.
- Tax on rent: whether the 20% is withheld depends on the tenant being a withholding agent. Where nothing is withheld, the owner may have to file and pay at 35% on net rental income. Detail: Colombia property tax for foreigners.
- Building fees: no published national average for condominium fees was found for this page. Ask the building for its current fee.
Sources
Can a foreign owner run a short-term rental in Colombia?
Only as a registered tourism provider. Renting for periods of less than 30 days counts as tourist housing (vivienda turística), and providers must register in the Registro Nacional de Turismo (RNT) before starting, whether they live in Colombia or abroad. Anyone renting out more than one property for under 30 days is presumed to be a provider.
Digital platforms operating in Colombia must hold an active RNT themselves and give hosts space to display their RNT number. Accommodation providers must carry liability insurance for damage to guests and third parties. Repeat offences can bring suspension of the registration for 3, 6 and 12 months, then cancellation for 5 years. Whether a building's own rules must also allow tourist use was not confirmed for this page, so ask the building administration before you buy for short lets. The full guide: buying property in Colombia as a foreigner.
// Buying in Colombia?
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See the $499 report, page by pageFrequently Asked Questions
What is a good rental yield in Colombia?
Is Medellín's rental yield higher than Bogotá's?
Can I Airbnb my apartment in Colombia?
Is rent withheld at source in Colombia?
Header photo: Dr. Thomas Liptak, CC BY-SA 4.0, via Wikimedia Commons. All credits: image credits.