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Real Estate Santa Marta Historic Center

Heritage assets of Santa Marta are at risk of ruin

A delegation from the Ministry of Culture and the Arts evaluates the situation of threatened real estate in the Historic Center of Santa Marta.
 With the recent tourism boost generated by the restoration of the iconic Santa Marta Theater, the Colombian Ministry of Culture and Arts focuses its attention on the critical situation of several heritage assets that are at risk of becoming ruins. A ministerial delegation carries out an incognito inspection in Santa Marta to evaluate the condition of these properties, many of them located in the fragile Historic Center of the city.
 Disappointing x-ray of assets at risk
 The Goenaga House on 12th Street and Carrera 2 corner, former headquarters of the French Alliance, now lies completely abandoned and vandalized. Other properties, such as the Casa Ujueta on Calle 17 between Carreras 2 and 3, or the Casa Madame Agustine on Calle 17 with Carrera 4, face the threat of collapse, putting the safety of passersby at risk.
The Historic Center of Santa Marta, declared a National Monument in 1959, faces a critical challenge due to the lack of preservation of these architectural assets. The Casa del Marqués de Oca, located on Calle 16 and Carrera 2, is an example of a beautiful building with tourist potential that remains unrestored.

Regulatory framework and current challenges
 The special regulatory framework of the Historic Center of Santa Marta, approved through Law 163 of 1959 and District Agreement 027 of 1993, provides protection to these assets. However, the current situation poses challenges in conservation and urban management.
 The Local Heritage Board, created by District Decree 430 of 2008, initially had 13 members dependent on the Mayor's Office. Curiously, through Decree 308 of December 2020, the number of members was increased to 20, excluding the Colombian Society of Engineers. This change translated into a slowdown in the process of approving construction licenses for interventions in real estate in the Historic Center.
 Restoration efforts: The Santa Marta Theater as an example
 The inauguration of the Santa Marta Theater in November 2021 highlighted the commitment of the National Government to the cultural and tourist reactivation of the region. This emblematic project represents an effort to preserve Deco architecture and promote the cultural and creative industries of the Colombian Caribbean.
Ministers María Ximena Lombana and Angélica Mayolo emphasized the importance of restoration for the safeguarding of Colombia's cultural heritage. Irvin Pérez, president of the National Tourism Fund (Fontur), stressed the relevance of promoting cultural spaces such as theater to promote tourist destinations and attract visitors and investors.

Challenges and future: A call to unified action
 Given the critical reality of several heritage assets, there is no time for regrets or questions. The urgency lies in looking to the future with sensibility, unity and acting in synergy between public and private actors, academia and civil society.

Why invest in new housing in Santa Marta?
 
Santa Marta, a city located in the department of Magdalena, has managed to become a favorite vacation destination thanks to its beautiful beaches such as Playa Blanca, El Rodadero, Gairaca, Neguanje, Chengue, Cristal or Palomino, in addition to its excellent climate and dream landscapes. . It is surrounded by mountains and natural parks such as the Tayrona National Natural Park, Minca, the Sierra Nevada de Santa Marta, which allow you to enjoy nature.

It is a fundamental piece in the growth of the Caribbean region and the entire country itself, thanks to its productivity and economic growth. This city offers excellent sea, air, rail and land routes. Santa Marta has been positioning itself in the new housing market, standing out as one of the cities with the best growth in the real estate sector.

Tourism drives demand for accommodation, both short and long stay, which becomes great opportunities for real estate investors. 

Access roads to Santa Marta ??
 
Santa Marta has excellent land access roads, the city is part of the Caribbean road corridor and borders Riohacha to the east and Barranquilla to the west. Another possible access route is from the Magdalena Trunk that connects the city with the center of the country. 

In addition to land routes, Santa Marta has the Simón Bolívar International Airport, which allows connection with national and international flights, the Port of Santa Marta and the Santa Marta International Marina. 

Where to invest in Santa Marta ??
 
There are a variety of attractive areas for real estate investment in Santa Marta, each sector has unique characteristics that satisfy different needs and investment objectives. Here are some of the best areas to consider:

Invest in housing in El Rodadero, Santa Marta ??
 
El Rodadero is one of the best-known and popular areas of Santa Marta. Renowned for its beaches, calm waters and variety of entertainment options, it is a seaside resort that attracts tourists and residents alike. Investing in a property located in El Rodadero is very profitable due to the high demand for vacation and residential rentals. 

 Invest in housing in the Historic Center of Santa Marta ??
 
The Historic Center of Santa Marta is a jewel full of culture, history and colonial charm. It is loved by those who enjoy architecture and having a wide range of hostels and cafes close to the beach.  During recent years, this area of ??Santa Marta has experienced a revitalization process, investing here means taking advantage of the tourism boom and urban growth. 
 
 Invest in housing in Pozos Colorados, Santa Marta 
 
Pozos Colorados has a favorable location in the middle of El Rodadero and the Simón Bolívar International Airport. By investing here you will find a variety of housing projects under construction with a privileged location near the beach and important access roads.
 
Investing in housing in Taganga, Santa Marta 
 
Taganga is a fishing village located a few minutes from the center of Santa Marta. It is an attractive place for those looking for a bohemian atmosphere, with incredible views of the Caribbean Sea and excellent options for diving. Taganga can be an excellent investment site, for those interested in ecological and cultural tourism, it attracts many tourists from all over the world, so investing here can be highly lucrative. 
 

What should you take into account to invest in housing projects in Santa Marta?
 
This Caribbean city is sought after by foreign investors from countries such as the United States and Italy, as well as Colombians from cities such as Bogotá, Cali and Medellín, who see the perfect opportunity to invest in a rigging region full of opportunities. 
  
1. Review your investment options 
Being a growing city, projects abound; It is important to review with confidence, tranquility and calm the housing developments that are being carried out in Santa Marta so as not to make decisions lightly.

2. Compare prices and alternatives 
The real estate market in Santa Marta is moving strongly, according to our DataLiving business unit, currently the average price per square meter in Santa Marta is $9,374,212 for new apartments, which have an average area of ??66 m2. Purchasing an apartment in Santa Marta can cost around $617,432,443. 
 
 
3. Review your needs 
If you want to invest in a first or second home or perhaps a vacation home in Santa Marta, you must carefully read the clauses and characteristics of your property. This is because in the city several projects may have tourist licenses that will allow you to rent your property through platforms. 
 

 4. Places of interest in Santa Marta 
 
Tayrona National Natural Park
Lost City
Taganga 
Minca 
El Rodadero Beach 
  
Santa Marta offers a wide range of options to invest in housing, from vibrant tourist areas to exclusive and quiet residential areas. Identify your investment objective and choose the area that meets your expectations. Santa Marta is positioned as an ideal destination to invest in real estate. Get to know the widest range of homes at premierevivienda.com

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