Chile Forum

yea, looking at that advertising,

- terreno de 1850 metros cuadrados permite la construccion de hasta 3 cabañas mas de las mismas caracteristicas.

Looking at the advertising, something does not jive or there is a whole lot information missing:
http://www.portalinmobiliario.com/propi ... otProGeo=0

Here is the original post:

http://www.portalinmobiliario.com/propiedades/fichas.asp?PropID=1076876&Pag=1&Ant=10&Sig=12&TId=1&MoID=2&OId=1&IdCom=108&TotProGeo=0

Interestingly enough I also found this place (yes seems like a dump), but it was a business at some point called Hostal Punta Lobos:
http://www.portalinmobiliario.com/propiedades/fichas.asp?PropID=1076686&Pag=1&Ant=6&Sig=8&TId=1&MoID=2&OId=1&IdCom=108&TotProGeo=0

So, let's say for a moment everything is on the up and up.

Subtract the value of the cabins, let's say 5,000,000 each (being generous here), you got 1200 meters of land for around 38 million range. To figure out if that is a good deal, you need to figure out if it is urban (again, not just urbanized) and what is raw land going for in the neighborhood.

The key is what does this mean?

regularizadas municipalidad de pichilemu

My wife, the attorney, is not really sure what that means. Unpacking that in a title search would likely be the key to determining if that is a good deal or not.

Say, I might point out, from a biz standpoint, that everyone should ask themselves why there are so many cabins / hostel properties for sale in the area.

One of my key questions I ask when appraising anything with a structure in Chile, what is the replacement value? What it cost to build those again if a fire burned them to the ground or what would an insurance company pay you to rebuild stick for stick?

@admin -

Agreed - These are areas where plenty of tourists travel to and there are 3 cabina/hostel type places in Punta Lobos section of Pichilemu that are for sale.

My potential interest would be to rent something like this out sporadically maybe just seasonally to help cover some of my living expenses. This may or may not be the right area for me, only time will tell.

I have property in Nicaragua, no electricity, no water, nada and it has been far too frustrating trying to get that all sorted out (still do not have electricity). I am not going to make that same mistake again and will opt to choose an area that has these basic services.

There dozens of lots available in the Pichilemu area. There's a glut. You can definitely do better. And there are plenty of Lots with views of the breaks, which that lot doesn't.
But as you can see from numerous posts on this forum. By being in country you will see the prices can vary radically. A great deal in your favor by taking the time to look around.