Airbnb vs long lease for foreigners
When arriving in Colombia, many foreigners alternate between Airbnb-type lodgings and long leases. Each option has different benefits and costs.
Airbnb or short stay
Pros: flexibility, furnished, utilities included and no deposit. Cons: higher nightly cost, less kitchen and space, and building rules on tourist rentals.
Long lease
Pros: better monthly price, more stability and the ability to personalise your home. Cons: deposits, contract, utilities in your name and less flexibility.
When each makes sense
- First weeks: short stay to explore neighbourhoods.
- Several months: monthly or six-month lease.
- Stable residence: annual contract.
Cautions
Check reviews and conditions for short stays; for long leases require a written contract. Confirm that the building permits the use you plan.
Mixed strategy
Many combine a month of Airbnb with long-lease viewings before deciding. If evaluating purchase or investment, consult Medellín Advisors.
Frequently asked questions
Is renting by the day legal?
It depends on regulations and the building's rules.
What is better for nomads?
One-to-three-month stays with good internet and a clear contract.
Can I negotiate discounts?
For long stays, many hosts offer them.
If you are evaluating housing or investment, Medellín Advisors can guide you on search, title review and the purchase or rental process. Always hire independent legal review.
Related guides
General information based on current rules and practice; it may change. Confirm your case with the official source or an authorized professional. Not legal, tax or medical advice.