Real Estate In Chile

Be aware than Chilean houses tend to be smaller—both overall, and also with more rooms packed into the square footage—than American homes are. You’ll need to be flexible on this point, too. And, if you need large rooms, you’ll probably have to trade off on some of your other criteria.

Chile has the natural and economic resources necessary for a successful real estate investment, no matter your ultimate intention.

Real estate in Chile has given investors dependable capital gains in Chile’s major markets, such as Santiago, Viña del Mar, and Valparaíso.

In general, agricultural investors tend to focus on the Zona Central, which includes rural land both north and south of Santiago. This is Chile’s agricultural heartland.

The region grows mostly berry and orchard fruits for the export market and grapes for wine.

Fruit production is the fourth-place industry in Chile, with much of the output being grown for the North American market during the winter months.

Chile has no restriction on foreigners owning property.

Of course, capital Santiago, Chile’s financial hub and largest city, offers an abundance of real estate opportunities of all kinds… but there are also plenty of lesser-known cities and towns that could offer investors a better payoff than already-saturated Santiago.

Coquimbo is the southernmost region of Northern Chile, it’s bordered by the Pacific on the west and hemmed by the Andes Mountains on the east.

This region is home to La Serena, Chile’s premier city for tourists—the population of the city doubles in summer due to the tourism influx.

La Serena is called a “metropolitanized suburb” and primarily a residential area (despite its population size of over 518,000 residents).

The city is so-called because it’s the city where the executives of nearby mining town, Antofagasta, overwhelmingly choose to raise their families.

Between the executives and the tourists, La Serena is a solid bet for a sustainable residential rental yield.