Why buy a home in December?
While December is traditionally a month of rest and family gatherings, it’s also the time every Colombian eagerly awaits: the year-end bonus. Here’s why buying an apartment in December is a smart way to invest that extra income.
Although COVID-19 has reshaped our lives and introduced a “new normal,” many traditional year-end trips may not happen as before—closed beaches, mandatory face masks, and sectorized quarantines in popular destinations. So you may be wondering:
If I don’t travel or spend as usual, what should I do with my year-end bonus?
Buying an apartment is not only a solid investment, but it’s also a smart strategy to save while life returns to normal. Imagine: purchasing a property today and paying it over 5–10 years could either save you the cost of rent, generate a steady rental income, or create financial freedom for future travel.
Moreover, the Ministry of Housing announced a plan to reactivate the sector with 200,000 housing subsidies. Half are allocated for social interest housing (VIS), and the other half for conventional properties.
Since May 26, 18,000 subsidies have been assigned nationwide, benefiting 15,000 families with their own homes. The government highlighted 76,000 families who have benefited from the “Mi Casa Ya” subsidy and the rent-to-own program “Semillero de Propietarios.”
With all these housing incentives—and the reduced spending on tourism and shopping this year—why not invest in something time can’t take away? Whether it’s your first home or an additional property to generate income, buying now is a smart decision.
We invite you to visit the Mendebal virtual sales room and explore our projects available this December, including studio apartments, apartments with balconies, and country houses, all designed to give you and your family the home you deserve.