A Tale Of Two Kings
When the King of Rock and Roll died in August 1977, his estate was valued at...
Read moreKathleen 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.
Viña del Mar is located 130 kilometers to the east of Santiago on the coast, in the region of Valparíso. It is known internationally for its resorts, hotels, and shopping centres. The name Viña del Mar means “vineyard by the sea” in English, giving you a great idea about what the city has to offer. The city has a population of just under 330,000 and is the fourth largest city in Chile. Home to a Mediterranean climate, you will find warm-summer temperatures and a pleasing climate. Temperatures rarely go above the mid-80s and dip down into the low 60s during the summer nights. Winters find the city’s temperature between 41°F and 63°F.
Unfortunately, Valparaíso was the region in Chile hit hardest by the global recession. As a result, property values dropped significantly from their former high, where renovations of older buildings proved impressively profitable.
With that said, in recent years Viña del Mar has shown significant signs of improvement and property values have increased. If you are interested in investing in property restoration or renovation and are willing to wait for a great return in the long run, Viña del Mar should absolutely be considered as a place of great investment potential.
Start Your New Life Today, Overseas
When the King of Rock and Roll died in August 1977, his estate was valued at...
Read moreHalfway through 2024, it’s a good time to take stock of the dollar’s buying power overseas. And this year, there’s a mixed bag of winners and losers. The following countries offer the best “currency bargains” for 2024 so far, including a few markets that saw the dollar lose buying power this year but are still a good buy by historic standards. (This report analyzes the dollar’s performance in 2023… but to assure it’s current, I’ve extended the window through March 2024.)...
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