Cali, Colombia | Overseas Haven Report
Known as the Salsa Capital of the World, Cali, Colombia, is not a typical tourist destination—but not for long! It’s a ways off the typical gringo trail, yet a well-organized real estate industry can be found here with a generous inventory of quality properties. Construction standards are high—even in older buildings—yet prices are much lower than you’ll find in most markets in South America… an amazing value when compared to Cali’s quality of life.
As Colombia’s third largest city, Cali offers a slice of authentic culture along with clear skies, nice weather (average temperature is 75°F year-round), relatively easy traffic to navigate, top-notch health care (with the highest rated hospital in Colombia), upscale food, and increasingly sophisticated nightlife. In addition, Cali is only about a 90-minute drive to the Pacific Ocean.
But where Cali really shines is in comparison to other, higher cost cities in Colombia like Bogotá, Medellín, and Cartagena. The low real estate prices caused by today’s exchange rates make it an attractive, viable location for expat retirees, snow birds, investors, and workers with portable careers. In this Overseas Haven Report, we take an in-depth look at Cali, Colombia… its lifestyle, cost of living, property market, and investment potential.