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Bogotá real estate and commercial market trends

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What changed

2026-08-22 21:22 UTC → 2026-08-23 03:53 UTC · added ~~removed~~

The real estate and commercial sectors in Bogotá are showing signs of stability and recovery during the first half of 2026. In the retail sector, the Salitre Plaza shopping centre reported a 98% occupancy rate and over 7.3 million visitors between January and June 2026, representing a 2% increase in foot traffic compared to the previous year. The centre maintained high fiscal management with a budget execution of 99.7%. Simultaneously, the broader housing market is experiencing a recovery. Data from the first half of 2026 indicates that 78,423 homes were sold in Colombia, while housing financing disbursements grew by 11% in the first quarter compared to the prior year. These trends were highlighted at the 20th Gran Salón Inmobiliario, where industry leaders noted that while the market is recovering, it continues to face significant challenges. The 20th edition of the Gran Salón Inmobiliario, held at Corferias in Bogotá, further showcased this recovery by featuring over 150 exhibitors, including international participants from Panama and the Dominican Republic. Specific data from the Lonja de Propiedad Raíz de Bogotá confirmed that mortgage disbursements reached $7.31 trillion pesos during the first half of 2026, marking an 11% increase over the previous year. The event provided a platform for diverse options, ranging from social interest housing (VIS) to international urban models like Guatemala’s Ciudad Cayalá. Recent updates from the Gran Salón Inmobiliario indicate the event is showcasing over 1,500 residential, commercial, and industrial projects. The exhibition serves as a regional hub for investment, featuring developers from Colombia, Panama, and the Dominican Republic, with dedicated sections for used housing and mortgage credit advisory. In Bogotá, high-end investment remains concentrated in the Chapinero and Usaquén localities, with neighborhoods such as La Cabrera and El Nogal commanding the highest prices per square meter.

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