Advisors

Medelli­n is a cosmopolitan city with a neighborhood feel.

Set in the middle of the Andes Mountains, Colombia’s second-largest city is known as the City of Flowers. Medellin is always in bloom and offers high-end living for significantly less than it would cost in the U.S.

Aaron Brabham found exactly what he wanted. “I’m really a penthouse kind of guy,” he said. “I was looking to live in the lap of luxury for much less than I could back in the U.S.”

For less than $2,000 a month, Brabham rents a 1,625-square-foot, three-story penthouse apartment in the trendy, tranquil Provenza area, in the heart of upscale El Poblado. A deck with private Jacuzzi looks out over the city.

“The apartment came fully furnished, right down to the towels and silverware,” he said. “This apartment would rent for close to $10,000 a month in San Diego, California, or South Beach [in Miami Beach], Florida —and that’s if you could even find something like it.”

Brabham has a chef who prepares five meals each week. For $50 a week, the chef shops, comes to Brabham’s home to cook and cleans up after. A maid comes twice a week to clean, do laundry and ironing, and runs errands, for $15 per day.

A monthly budget for a couple runs between $1,394 and $1,994.

Products You May Like

Articles You May Like

Twitter rolls out a new feature to cut out irrelevant content when users follow a topic
Coach-owner Tapestry shares tumble as its sales and forecast disappoint
Forget the doomsayers, yield curve inversion is buy signal, one strategist says
Dropping Medicare for your employer’s health coverage may trip you up
Why Boeing investors can look to Chipotle as a path through its crisis and back to big stock returns

Leave a Reply

Your email address will not be published. Required fields are marked *