Bogotá, officially Bogotá – Distrito Capital, abbreviated Bogotá, D.C. (during the time of Spanish rule, and also from 1991 to 2000, called Santa Fé de Bogotá) is the capital and largest city of Colombia administered as the Capital District, although often thought of as part of Cundinamarca.
Bogotá is a territorial entity of the first order, with the same administrative status as the departments of Colombia. It is the political, economic, administrative, industrial, artistic, cultural, and sports center of the country.
The city is located in the centre of Colombia, on a high plateau known as the Bogotá savanna, part of the Altiplano Cundiboyacense located in the Eastern Cordillera of the Andes. It is the third-highest capital in South America (after Quito and Sucre), at an average of 2,640 metres (8,660 ft) above sea level. Subdivided into 20 localities, Bogotá has an area of 1,587 square kilometres (613 square miles) and a relatively fresh climate that is constant over the year.
Why Invest in Bogotá?
Colombia’s largest city with 8,700,000 people and 30% of the country’s GDP, it is the seat of government and business but also has a very strong tourist market centered on culture, shopping, fine dining and a diverse economy.
Bogota attracts 51% of all visitors coming to Colombia and this helps drive a robust hotel and apartment rental market. The most diversified furnished rental markets in Colombia means your investment receives strong, steady income.
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