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    La Serena, Chile

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        La Serena, Chile coastline as seen from above

        Coastal Life In La Serena

        Along the coastline and 470 kilometers north of Santiago sits La Serena. La Serena is the second oldest city in Chile and is a major part of the greater La Serena area, which has seen a 100% increase in its population over the last 20 years.

        Most importantly, La Serena’s costal location and famous beaches have made one of the most important tourist destinations in Chile.

        Kathleen

        Reviewed By Kathleen Peddicord

        Kathleen is the Live and Invest Overseas Founding Publisher. She has more than 30 years of hands-on experience traveling, living, and buying property around the world.

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          Table Of Contents

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            Cost Of Living In La Serena, Chile

            In recent years, La Serena has become such a major draw for tourists that its population literally doubles during the popular high-season summer months.

            Population here is 519,000. Again, there are ample opportunities to purchase properties to be used as hotels or other short-term rental properties here.

            And because the city is such a popular vacation destination for upper-middle and upper-class families in Chile during the summer months, seasonal rentals and time sharing makes sense here, too.

            Though tourism is the dominant industry and draw for La Serena, the city differs from the other above-mentioned cities in that it is also and primarily a residential area.

            Many of the mining executives choose to raise their families in La Serena rather than in Antofagasta, the mining city. As a result, La Serena is structured as a “metropolitanized suburb.”

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              Not surprising for this high-traffic area, La Serena is home to the largest malls and shopping centers in Chile outside of Santiago.

              Retail is a huge and booming industry here, and investors will see returns on properties resold for commercial purposes and entrepreneurs can try their hand at any number of commercial activities here.

              Monthly Budget For A Couple Living In La Serena, Chile

               
              Expense Monthly Cost Notes
              Rent CLP 417,511
              Gas N/A Included with electricity.
              Electricity CLP 86,484
              Water N/A Included with electricity.
              Telephone N/A Included with cable TV.
              Internet N/A Included with cable TV.
              Cable TV CLP 77,537
              Groceries CLP 342,956
              Entertainment CLP 238,686
              Total CLP 1,163,174
              Click here for currency conversion at today’s exchange rate.
              Kathleen

              Reviewed By Kathleen Peddicord

              Kathleen is the Live and Invest Overseas Founding Publisher. She has more than 30 years of hands-on experience traveling, living, and buying property around the world.

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              A world full of fun, adventure, and profit awaits! Sign up for our free daily e-letter, Overseas Opportunity Letter, and we’ll send you a FREE report on the 10 Best Places To Retire In Style Overseas Today 2024






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                Table Of Contents

                La Serena, Chile- FAQs

                Expats in La Serena like the neighborhoods of San Joaquín and La Serena Golf. San Joaquín is a gated community located on a hill in the center of La Serena, known for its winding streets, cul de sacs, and green lawns that connect to one- and two-story homes.

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