Apiros

What Apiros does

Apiros (APIROS S.A.S.) is a privately held Colombian real estate development company founded in 1993, headquartered in Bogotá. The company develops, constructs, and sells residential housing projects across two main segments: VIS (Vivienda de Interés Social — social interest housing for lower-income families qualifying for government subsidies) and NO VIS (mid-market and premium housing). Over 30+ years, Apiros has delivered more than 55,000 homes across 90 VIS projects and 18 NO VIS projects, operating in Bogotá, Barranquilla, and Soacha. Its core product is the Avivir Zue megaproyecto in Soacha — an 18-sub-project master-planned community encompassing over 8,000 homes with deliveries spanning 2026-2029. Other active developments include Alma 72 (a 396-unit mixed-use project in Bogotá with commercial spaces and short-term rental authorization), El Alba (1,103 VIS units in Barranquilla's Ciudad Mallorquín megaproyecto), Elemental (972 units targeting young professionals in Bogotá), and Altavista del Río (308 premium units in Barranquilla).

The business model centers on one-time residential property sales at unit-level pricing fixed in Colombian pesos. VIS units range from approximately $147M to $250M COP ($36K-$62K USD), NO VIS units from $311M to $522M COP ($77K-$129K USD), and commercial spaces from $402M to over $2B COP. Revenue is recognized at point of sale with down payments collected during construction and final payment at ownership transfer. Go-to-market combines enterprise field sales through physical showrooms (Sala de Ventas) at each project site, direct-to-consumer channels targeting Colombian diaspora via offices in Miami and New York, and event-driven sales through housing fairs (Feria de Vivienda) and employer partnership programs. Core customer segments include VIS-qualifying families earning up to $4.5M COP monthly, premium NO VIS buyers, short-term rental investors, and Colombian nationals abroad. Apiros is structured as a family-controlled private company with no disclosed institutional investment, venture backing, or public listing. The technology footprint is minimal: a corporate website with project listings, virtual tours, and customer service portals — no proprietary development platform, API, or AI capabilities are referenced.

Name

Apiros

Legal name

APIROS S.A.S.

Website

https://apiros.com.co

Company type

Private

Founded year

1993

Operating status

Operating

Headcount range

251–500 employees

Short description

Apiros is a Colombian real estate developer with 30+ years of experience, delivering over 55,000 homes across VIS social housing and NO VIS premium segments. It operates primarily in Bogotá, Barranquilla, and Soacha, with international offices in Miami and New York serving Colombian diaspora buyers.

Ownership category

akta.pro rank

Product category

Residential Real Estate Development

NAICS

New Housing For-Sale Builders (236117), New Multifamily Housing Construction (except For-Sale Builders) (236116)

SIC

Land Subdividers & Developers (No Cemeteries) (6552), Real Estate Dealers (For Their Own Account) (6532)

akta.pro primary industry

Multi-Family Residential Construction (Apartments, Condos, Townhomes) (IMAFABAB)

akta.pro secondary industries

Residential Affordable Housing Development & Construction (IMAFABAI), Residential Land Development & Subdivision Homebuilding (Build-to-Sell Communities) (IMAFABAL)

Keywords

• Residential real estate development
• Social interest housing
• Housing construction Colombia
• Master-planned communities
• Commercial property development

Headquarters

HQ city

Bogotá

HQ country

Colombia

HQ region

Latin America

Offices5 records

Markets served

GTM type

B2C

Offering type

Services

Cost components

Supply Chain, Operations, Personnel, Marketing or Sales, Infrastructure, Technology or R&D

Revenue model

1. Residential Property Sales: Apiros generates revenue primarily through the sale of residential apartments and commercial spaces. The company develops housing projects across different segments: VIS (Vivienda de Interés Social - social interest housing) for lower-income families and NO VIS for middle and upper-middle-income buyers. Revenue is realized at point of sale with down payments collected during construction phase and final payment at closing/ownership transfer.

Pricing tiers

Go-to-market motion3 records

Distribution channels4 records

Marketing channels6 records

Core offering

Apiros develops, constructs, and sells residential housing projects in Colombia, spanning VIS (Vivienda de Interés Social) housing for lower-income families eligible for government subsidies and NO VIS housing for middle and upper-middle-income buyers. The company operates a vertically integrated real estate development model covering project structuring, construction, commercialization, and post-sale management across Bogotá, Barranquilla, and Soacha, with dedicated international offices in Miami and New York serving Colombian diaspora buyers.

Product overview

Apiros is a Colombian real estate development company with over 30 years of experience, having delivered more than 55,000 homes across 90+ VIS (Vivienda de Interés Social) projects and 18 NO VIS projects. The company operates as a housing developer, structurer, and project manager offering a portfolio of residential apartment projects across three main cities: Bogotá, Barranquilla, and Soacha. Core products include Alma 72 (mixed-use residential and commercial in Bogotá), El Alba (VIS housing in Barranquilla's Ciudad Mallorquín), Elemental (modern apartments for professionals in Bogotá), and Altavista del Río (NO VIS premium housing in Barranquilla). The flagship Avivir Zue megaproyecto in Soacha encompasses 18 sub-projects with over 8,000 homes, including color-named phases (Salvia, Siena, Turquesa, Rubi, Argenta, Indigo, Magenta, Ambar, Oliva, Esmeralda, Granate) offering VIP and VIS housing options. Additional services include specialized support for Colombians abroad purchasing property, customer service for post-sale support, and supplier registration programs.

Differentiator

Problem solved

Functional benefit

Brands

• Avivir Zue: Megaproyecto (macro project) housing multiple residential projects including Salvia, Siena, Turquesa, Rubi, Argenta, Indigo, Magenta, Ambar, Oliva, Esmeralda, and Granate in Soacha, Cundinamarca.
• Alma 72
• El Alba
• Elemental
• Altavista del Río

Products and services

• Alma 72 Apartamentos

Quantifiable outcome

• 55,000+ homes delivered to families
• +1 more outcomes

Segments4 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Two partnerships are on record, tiered core.

• Caja de Compensación Familiar (Compensar)coreStrategic or Co-development PartnerPartnership with Compensar for housing subsidy programs, allowing eligible buyers to access family compensation fund subsidies for VIS housing purchases through affiliated campaigns.
• Ciudad MallorquíncoreStrategic or Co-development PartnerEl Alba project is located within Ciudad Mallorquín, a major 80+ hectare urban development megaproyecto in northern Barranquilla. This master-planned community development is considered the main development pole of the city.

Scale indicators5 records

Recent moves6 records

Expansion highlights6 records

Direct peers

• Amarilo: Major Colombian developer of VIS and NO VIS multifamily housing, including megaproyectos such as Lagos de Cajicá. Comparable to Apiros on product mix, scale of master-planned projects, and subsidy-channel integration.
• Arquitectura y Concreto: Colombian real estate developer focused on multifamily residential and urban renewal in major Colombian cities. Comparable to Apiros on project scale, urban infill strategy, and NO VIS apartment positioning.
• Oikos Constructora: Bogotá-headquartered Colombian developer focused on multifamily NO VIS apartments and large-scale urban projects. Comparable to Apiros on NO VIS apartment design, urban amenity positioning, and Bogotá project concentration.
• Prodesa: Colombian developer specialized in VIS and social-interest housing with national reach. Closely comparable to Apiros on customer segment (subsidy-eligible buyers), Compensar/FNA partnerships, and fixed-price VIS unit model.
• Marval: Colombian residential developer with VIS and NO VIS projects in major cities including Bogotá. Comparable to Apiros on multi-segment housing strategy and geographic overlap in Cundinamarca/Bogotá.
• Constructora Colpatria: Established Colombian housing developer with a long track record in VIS and middle-income apartments. Comparable to Apiros on subsidy-channel expertise and multifamily residential construction.
• Constructora Bolívar: One of Colombia's largest privately held residential developers, with a heavy VIS focus and large-scale master-planned communities. Most directly comparable to Apiros on VIS volume, national footprint, and 30+ year operating history.
• Cimenta: Colombian developer of VIS and middle-income housing with national presence. Comparable to Apiros on affordable housing segment, scale, and partnership with housing compensation funds.

Broad incumbents

• Conconcreto: Large Colombian construction and real estate group with broad infrastructure, commercial, and residential exposure. Comparable to Apiros on the real estate development arm but with a wider, non-housing-focused portfolio.
• Compensar (housing developer arm): Colombian Caja de Compensación that both subsidizes VIS housing purchases and develops its own residential projects. Comparable to Apiros as both a subsidy partner channel and a competing developer in the VIS segment.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat4 records

Key risks5 records

Key highlights6 records

Customer concentration

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Apiros