Colombian House Price Converter: Pesos to Dollars

How the House Price Converter Works

The converter does three calculations, all on the numbers you type. Nothing is fetched from the internet, so the result moves only when you change the rate.

1. Pesos to dollars: the price in pesos divided by the rate. A price written as millones is multiplied by 1,000,000 first.
2. Dollars to pesos: the dollar price multiplied by the rate, shown as full pesos and as millones.
3. Price per area: the peso and dollar prices divided by the square meters you enter, then divided again by 10.764 to give the price per square foot.

The rate box starts at 3,200. The official rate, the tasa representativa del mercado (TRM), is set daily by the Superintendencia Financiera. It ran from COP 3,312.84 on 1 October 2026 to COP 3,194.44 by 10 October. A swing like that moves the dollar price of an apartment by several thousand dollars in under two weeks.

Worked Example at 620 Millones for 85 m²

Take a Medellín listing at 620 millones for an 85 m² apartment, converted at 3,200 pesos per US dollar.

Set the per-square-meter figure against the area average. Ciencuadras listed Medellín apartments at an average of COP 7,058,808 per square meter in the first quarter of 2026, and El Poblado at COP 8,022,078. This apartment sits just above the city average and about 9% below El Poblado’s, which tells you where it stands before you negotiate.

Now change the rate to 3,313, the official rate in early October 2026. The same 620 millones becomes about US$187,100, roughly US$6,600 less, with no change in the price the seller asked.

What the Result Does Not Include

The converter shows the price alone, at the rate you typed. It leaves out:

• Closing costs, about 2.1% to 2.6% of the price for the buyer up to about COP 1 billion. The closing cost calculator adds them up line by line.
• Your bank’s exchange spread, which makes the rate you get worse than the official one. Ask your bank for its rate on the transfer day, and read sending money to buy property in Colombia for how the transfer has to be declared.
• Building fees and property tax, which you pay every month and every year after you buy.
• The difference between asking and agreed price. Listing figures are asking prices. Every closing cost and the investor visa minimum are measured against the deed price.

If the dollar price is near US$192,000, run the peso figure through the investor visa checker, since the 2026 minimum is COP 612,816,750. Our buyer’s concierge in Medellín runs this per-square-meter check on every apartment we shortlist for you.