Buying property in Chile

Buying, Selling, Building, Tax issues, anything regarding real estate or properties in Chile.
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Andres
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Re: Buying property in Chile

Post by Andres » Fri Jun 02, 2017 11:09 pm

Bargain Hunter wrote:Space Cat are you actually being genuine or are you being sarcastic? If its indeed true I am truly amazed that a country with so much coastline can avoid having a worthwhile beach.
As a fellow Australian, who has seen only a few hundred kilometers of Chilean beaches . . . not the thousands of kilometers there are . . . I NEVER saw a Chilean beach which was not underwhelming.

Some are ok. None stood out. Probably the best beach I experienced was Playa Luna, but even that was not extraordinary (and the water was too bloody cold).

Every Australian (sandy) beach I have been to surpassed every Chilean beach I experienced.
Chile: My expectations are low. Very low.
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David_Bro
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Re: Buying property in Chile

Post by David_Bro » Sat Jun 03, 2017 2:16 am

Haaaaaaaaaa or should i say jaaaaaaa-------

thisisreallycomplicated
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Re: Buying property in Chile

Post by thisisreallycomplicated » Sat Jun 03, 2017 7:01 am

Andres wrote:
Bargain Hunter wrote:Space Cat are you actually being genuine or are you being sarcastic? If its indeed true I am truly amazed that a country with so much coastline can avoid having a worthwhile beach.
As a fellow Australian, who has seen only a few hundred kilometers of Chilean beaches . . . not the thousands of kilometers there are . . . I NEVER saw a Chilean beach which was not underwhelming.

Some are ok. None stood out. Probably the best beach I experienced was Playa Luna, but even that was not extraordinary (and the water was too bloody cold).

Every Australian (sandy) beach I have been to surpassed every Chilean beach I experienced.
It's the same here in Coquimbo. Lots of people vacation here in the summer, but I still don't know why. It probably depends on what you're used to. It's not like spring break in Ft. Lauderdale. It's just different.

Learning about the geography of Chile might help:
https://en.wikipedia.org/wiki/Geography_of_Chile
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eeuunikkeiexpat
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Re: Buying property in Chile

Post by eeuunikkeiexpat » Sun Jun 04, 2017 3:27 am

David_Bro wrote:Haaaaaaaaaa or should i say jaaaaaaa-------
Does that mean we were indeed trolled by Ud.? :mrgreen:
Que será, será.

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David_Bro
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Re: Buying property in Chile

Post by David_Bro » Sun Jun 04, 2017 10:07 pm

Nah, just having a good laugh is all!

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seawolf180
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Re: Buying property in Chile

Post by seawolf180 » Sun Jun 04, 2017 11:41 pm

nwdiver wrote:If you surf.........a small house in Pichilemu will meet your requirement, most of the girls though are of the international surf tribe......
Don't point him this way.
Besides, in Pichilemu the water is freezing, the surf sucks, its super expensive, rampant with crime, earthquakes, Tsunamis, feral dogs, litter, disease. It's unlivable.
And sharks are eating whinny, demanding, ingrate, twenty something, Cagados, that the girls don't want anything to do with.
Don't Tread On Me Either.

Bargain Hunter
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Re: Buying property in Chile

Post by Bargain Hunter » Mon Jun 05, 2017 6:39 am

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nwdiver
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Re: Buying property in Chile

Post by nwdiver » Mon Jun 05, 2017 3:27 pm

Bargain Hunter wrote:After some reflection I decided my original criteria for choosing a place to buy a property in Chile was too strict. My new criteria is:
-The city must be live-able and not be a shit-hole.
-The city must have good-term capital growth (land price appreciation) potential
-The property/city must have strong rental market demand.
-The property/city must be relatively liquid (able to sell within less than 6 months at fair market value)
-The property must be a house or a block of empty land (no apartments)
-The budget including transaction costs is $110,000 USD

Given the revised, less strict criteria, where should I be looking at?

That's less restrictive..............good luck
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admin
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Re: Buying property in Chile

Post by admin » Mon Jun 05, 2017 4:27 pm

nwdiver wrote:
Bargain Hunter wrote:After some reflection I decided my original criteria for choosing a place to buy a property in Chile was too strict. My new criteria is:
-The city must be live-able and not be a shit-hole.
-The city must have good-term capital growth (land price appreciation) potential
-The property/city must have strong rental market demand.
-The property/city must be relatively liquid (able to sell within less than 6 months at fair market value)
-The property must be a house or a block of empty land (no apartments)
-The budget including transaction costs is $110,000 USD

Given the revised, less strict criteria, where should I be looking at?

That's less restrictive..............good luck
Except that the other conditions, will make the "-The budget including transaction costs is $110,000 USD" (70 million pesos, mas o menos), hard to do; generally if it ticks the other boxes, the prices are already on the move.

Put that in perspective, I just watched an auction the other day of a house in Puerto Varas (example of town that meets all your other criteria, and we can even call the lake kind of warm sometimes), and not even very nice house, the minimum was 32 million and sold at 117 million pesos with about 20 active bidders in around 2-3 mins. That was an auction with dozens of other properties on the same day, located all over the country. It was definitely liquid.

So, 70 million might get you some land in a high-demand locations, but a house might be difficult. Often, even 70 million will not get your foot in the door (literally) to any thing sort of prime now. It is what the secondary properties are going for (e.g. a few km away, rather than beach-front). which is not always a bad thing, direct on the water is sometimes over-rated. That is where you find the bugs, the rats, the tourist. Better to save some money, and buy a view a little further away. Let someone else over pay for the annoying rats and even more annoying tourist near the water.
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David_Bro
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Re: Buying property in Chile

Post by David_Bro » Mon Jun 05, 2017 9:33 pm

Wow----this is really amazing---what else is there to say?-----I think before all the restrictions bargain hunter is talking about-----you would have to have 2 or 3 years on your own looking for it----Really, as i have thought about it, its not that you are looking to buy property in Chile for you but rather that you fit in with what Chile has to offer because of several dozen reasons and those options far out weigh what the logical property options would be in any other case------better to go to Italy where the government now has about 200 or so old school properties they are giving away if you can put in some kind of money making concern over two years with the build up etc-----you have to submit a plan of course and it has to be approved----and they have several hundred locations to be announced coming in December too----cannot find the link but will add when i find it---

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Bargain Hunter
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Re: Buying property in Chile

Post by Bargain Hunter » Tue Jun 06, 2017 1:28 am

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Enzo
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Re: Buying property in Chile

Post by Enzo » Tue Jun 06, 2017 1:51 pm

I have only spent two days in Chile, but from all that I've researched it seems that mid-northern Chile is a lot like southern California and southern Chile is a lot like northern California/Oregon in terms of TOPOGRAPHY and CLIMATE on the coast. Ocean temperatures seem to be about the same as well. I grew up on the Great Lakes, so warm water was never the reason that we went to the beach. There are a million other reasons to go to the beach and if you are used to swimming in cold water, I would think the beaches would be tolerable and worth buying property in a close proximity. I guess I am only chiming in because it seems like people are saying the beaches in Chile are SH·T juste because the water is cold. Jump in the water, jump out, jump in the water, jump out... that's typical beach going for me.

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