KOS in Colombia

[King of Sluts]

The prepagos in Colombia are everywhere in Colombia, but you should never pay more than 50, 000 pesos for the hour, if anygirl asks for more, search other places. No idea what some of you guys are paying, but come on, this is Colombia, girls are everywhere, and if you like the prepagos in the day and the regular girls at night, like me, don't pay than 50, 000 per hour. Thats 25 dollars for a sexy girl, and not over the age of 21. Anygirl over 21 is generally considered a old lady in Colombia, its true. And most girls over 21 have a kid. Do not pay 100 dollars a hour, thats about 200, 000 pesos, the average family in Colombia makes 500, 000 pesos a month, come on, many of you are getting taken.

Loutron. A tourist trap for the gringos? Absolutely. Most of the girls started working in el centro for 40-50, 000 pesos a hour, then they got greedy and moved up to Loutron to screw the tourists. Example, I was banging Julianna who was working at Loutron, for 50, 000 pesos for the hour at New Life about a year ago. (she is the tall fake blond with big tits, attitude) Yes, she is hot, and I was nailing that for 50, 000 pesos for the hour, and so where the locals in el centro, then she moved back to Loutron, then she left Loutron. Also the girls at loutron are lazy and do not want to work.

Fase dos- another tourist trap, stay away, the old man owner was killed, overpriced, and the mangement is just pure trash, take your money other places, they also do not liek gringos at this place, take yoru cash other places. Screw them.

Also, some people on this board are true pumpers, they will boast about anything to make money off you gringos. For example, the Doll House is not full of wealthy poeple, it is no different than Palmahia or Mangos, it is full of girls from the north and preapagos, yeah, there are many prepagos. Most of the prepagos love palmahia, but the doll house is just another extension of mangos or palmahia, it is full of them. I wonder who is on this board to make money off you guys, no names will be said. Mansion vs VIP. Go to the mansion, these guys at least will send you in the right direction, the latter will just try to get every penny out of your pocket. No names willbe mentioned, but you gusy get my drift.

KOS

[King of Sluts]

So if you mongers are looking for cheap girls, but young and cute, go to the barrio of Santo Domingo, you can get blown for 5 dollars, no shit, and the girls are really cute. When I am need of some side action, I just call one of my little hootchie mommas, meet her at the park, and get a 5 dollar blow. Funny stuff. Only in Colombia, but the language you must be able to speak.

Also, I have been on this forum from the start with Ricker, Aussie (g#y), Nibu and a couple others, and I still cannot beleive that Jackson bans my posts after all these years, LOL. Where is the loyalty Jackson?

KOS

[King of Sluts]

EDITOR'S NOTE: This report was deleted because it contributed nothing of value and in fact constituted a complete waste of bandwidth.

The purpose of this Forum is to provide for the exchange if information between men on the subject of finding women for sex. Let's stick to the subject.

[Goga Fung]

Yes great deals in some areas of the USA on Condos, but a big catch is you can get stuck with larger then expected condo fees because either there are many emptys or the other owners are not paying their share because they are under water and will soon be empty. As always beware.

Yes, you need to know all the fees and also RE taxes which can add up to a large amount. In USA it could be $400+/month for a small condo, which is rediculus. Plus all the bills, so it better be rented out a lot to cover the expenses.

In Colombia when you buy an old apartment they put a much lower amount than you pay on paper work, so the RE taxes can be very low.

[John Gault]

Condos are selling at 50%-80% discounts in many parts of the USA too. The wonders of bubble leverage.

Yes great deals in some areas of the USA on Condos, but a big catch is you can get stuck with larger then expected condo fees because either there are many emptys or the other owners are not paying their share because they are under water and will soon be empty. As always beware.

[Ken_Apples]

Also in "firstworld countries" even some respected companies is nowdays taking the shortcut to build faster and cheaper. Best advice is to contact a experienced construction engineer, that you personally know, for advice. If you don´t know one, make sure you establish this vital connection before buying anywhere in the world.

Just my 5 cents / Ken Apples

Anyone with good sense knows that buying any real estate in a third world country is a risky venture. All you have to do is observe the construction site, the workers, the materials that are used in construction and you could see that none of condos that are being sold in Cartagena, Bogota, Medellin, Cali or Manizales or worth a third of what they are going to charge you. Colombia has some of the most shoddy workmanship in the building of hish rise condos. If you are thinking of buying something, pick a house that is no more than two stoies so if it falls you might have a chance of getting out alive. Otherwise rent a condo and save your money for other things, like buying some pussy.

[Marzon]

Condos are selling at 50%-80% discounts in many parts of the USA too. The wonders of bubble leverage.

[Slyman]

Anyone with good sense knows that buying any real estate in a third world country is a risky venture. All you have to do is observe the construction site, the workers, the materials that are used in construction and you could see that none of condos that are being sold in Cartagena, Bogota, Medellin, Cali or Manizales or worth a third of what they are going to charge you. Colombia has some of the most shoddy workmanship in the building of hish rise condos. If you are thinking of buying something, pick a house that is no more than two stoies so if it falls you might have a chance of getting out alive. Otherwise rent a condo and save your money for other things, like buying some pussy.

[Phunluv]

Besides the questionable construction quality, one should also take into account that probably a third of all construction involves some kind of money laundering. I'm not too comfy with the idea of possible investing hard earned legit $$ in a project that ends up helping some other party clean their I'll gotten gains. And of course the gringo doesn't get a single cut of the action; on the contrary, he pays more than any locals who are "in on it" if you catch my drift. There's a lot of corruption out there in Locombia. Caveat emptor!

[King of Sluts]

I almost forgot soemthing, tom33 is also correct about something. In Colombia, when you rent an apartment or buy an apartment, always get the keys when you give them the money. Don not pay until you have the keys and can enter the apartment. A buddy of mine rented an apartment, gave six months advance payment, and the agency would not give him the key to enter the apartment. They tried scamming the client, tried taking his money, and not give him the apartment. The client had to go to the police, with the police to the office to get his money back.

Kos

[Manizales911]

i would never buy anything in colombia unless i could have occupancy the same day. i know around 15 people who bought pre-construction. none of them had possession less than a year after the promised completion date. in some cases the delay was more than 2 years.

i wonder what happened to those who bought pre-construction in the tallest building in colombia in bocagrande? the steel was up to the 40th floor or so before the winds twisted the frame. the frame was demolished and the project abandoned.

especially in colombia where enforcement of building codes is non-existent, new does not necessarily mean better. about 2 years ago a nearly completed building in sabaneta (near medellín) collapsed killing the owner's son. a friend who was in the construction business watched as mirador el laguito was being built. he was not impressed.

last year i took my brother who is a structural engineer to manizales with me. he was in horror looking at the way they build there. when i told him it was an area prone to earthquakes he was fucking speechless.

[Tom 33]

You really need to buy pre-pre-pre construction, and sometimes the local colombians will not let you get in at these prices of course.

I would never buy anything in Colombia unless I could have occupancy the same day. I know around 15 people who bought pre-construction. None of them had possession less than a year after the promised completion date. In some cases the delay was more than 2 years.

I wonder what happened to those who bought pre-construction in the tallest building in Colombia in Bocagrande? The steel was up to the 40th floor or so before the winds twisted the frame. The frame was demolished and the project abandoned.

Especially in Colombia where enforcement of building codes is non-existent, new does not necessarily mean better. About 2 years ago a nearly completed building in Sabaneta (near Medellín) collapsed killing the owner's son. A friend who was in the construction business watched as Mirador el Laguito was being built. He was not impressed.

[King of Sluts]

In Colombia it is very easy to buy a condo, but it is very difficult to sell, the old buildings of course are cheaper, but the problems associated with old buildings is crazy, bad water pressure, mold, dated windows. I am just trying to help some of you guys out so that you do not get screwed by these fast talking colombians.

You really need to buy pre-pre-pre construction, and sometimes the local colombians will not let you get in at these prices of course. If say you bought a condo when the peso was 2800 to 1, then you might be safe if you go and sell the condo when it is 2000 to 1, you would at least gain the difference in the rate of the peso. But colombian real estate is tricky, that is why it seems like every american that I knew or know, rents while in Colombia.

The condo market reminds me of Panama city, Panama, build all these buildings and there is no one to buy them. Prices will eventually come down.

KOS

[Manizales911]

The real estate logic in Colombia seems to rent a place instead of buying a place to live. Why? Currently, the Colombian economy is sliding down a cliff due to the United States is mostly transferring most of their business from Colombia to China for all manufacturing work. This has led to a slide in the economy, also, a certain individual stole billions of dollars and fled to Panama while his wife fled to Uruguay, they captured both of them, but the money is lost. Also, the abundance of availaible condos in Colombia outstrips the demand, supply is greater than demand, hence a massive slide in prices.

To buy a condo in Colombia is a bad investment, as the building gets older, nobody wants to buy a old condo, your resale clients are not their.

The change of presidents will also have a dramatic effect, when Uribe retires, in the next year, the country will change dramatically, it is going to get ugly. The time to buy a condo in Colombia was 8 years ago, you could have made money while others dismissed the idea, but since the average salary is 250 dollars a month, Colombia does not have a good base of clients to buy condos or houses that Americans are accustomed to buying.

The Colombians with money will never buy a used condo or house, always brand new, so speaking relatively, your own resale client is an American, and not many Americans live in Colombia.

To take the risk of losing big time in Colombia, it is best to rent, unless you find a foreclosure at a super deal, but then again, sometimes it takes years before you can ge a person to leave their foreclosure.

KOS

Kos,

As much as I hate to admit it I think you are 100% correct on what you are saying.

What I don't understand is why they just keep building apartments like crazy. It has been a while since I have been to any of the major cities but here in Manizales they are building new apartments/condos all over the place.

[Tom 33]

The real estate logic in Colombia seems to rent a place instead of buying a place to live. Why? Currently, the Colombian economy is sliding down a cliff due to the United States is mostly transferring most of their business from Colombia to China for all manufacturing work. This has led to a slide in the economy, also, a certain individual stole billions of dollars and fled to Panama while his wife fled to Uruguay, they captured both of them, but the money is lost. Also, the abundance of availaible condos in Colombia outstrips the demand, supply is greater than demand, hence a massive slide in prices.

To buy a condo in Colombia is a bad investment, as the building gets older, nobody wants to buy a old condo, your resale clients are not their.

The change of presidents will also have a dramatic effect, when Uribe retires, in the next year, the country will change dramatically, it is going to get ugly. The time to buy a condo in Colombia was 8 years ago, you could have made money while others dismissed the idea, but since the average salary is 250 dollars a month, Colombia does not have a good base of clients to buy condos or houses that Americans are accustomed to buying.

The Colombians with money will never buy a used condo or house, always brand new, so speaking relatively, your own resale client is an American, and not many Americans live in Colombia.

To take the risk of losing big time in Colombia, it is best to rent, unless you find a foreclosure at a super deal, but then again, sometimes it takes years before you can ge a person to leave their foreclosure.

KOS

Where to begin.

I have no idea what will happen tomorrow, but there is still a lot of construction going on today in Medellín. A lot of that construction is small living units.

I sold a condo in a 30-year-old building in estrato 5 to a Colombian who paid cash in November of last year. He then proceeded to spend a ton remodeling. Smart Colombians with money realize that the value is actually in older buildings. There is an unwarranted premium to be paid for anything new, but that does not mean that your market for resale excludes Colombians.

It may, in fact, be best to rent. However, it may be very difficult to do that. A friend was trying to rent within the last 2 months. He had 2 fiadores (guarantors) and several landlords would not rent to him because he was not Colombian.

Colombia is a big risk. If I wasn't living here, I wouldn't have any money invested here.