Buying property in Chile

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

Post by Bargain Hunter » Wed Jun 07, 2017 12:33 pm

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Bargain Hunter
Rank: Chile Forum Full Member
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Joined: Thu Jun 01, 2017 4:23 am

Re: Buying property in Chile

Post by Bargain Hunter » Wed Jun 07, 2017 12:52 pm

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paladin
Rank: Chile Forum Citizen
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Re: Buying property in Chile

Post by paladin » Wed Jun 07, 2017 8:42 pm

Looks bloody horrible , unless you are planning to demolish it and start again ! From the little shown in the photos, it doesnt look a place where mr. average would like to live.

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Space Cat
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Location: Valdivia

Re: Buying property in Chile

Post by Space Cat » Wed Jun 07, 2017 9:22 pm

Yeah, it's quite a sad place according to the street part we can see on the photo. The interior is just cheap.

Bargain Hunter
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Re: Buying property in Chile

Post by Bargain Hunter » Thu Jun 08, 2017 1:04 am

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Space Cat
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Re: Buying property in Chile

Post by Space Cat » Thu Jun 08, 2017 1:13 am

Kilometers don't matter here. The whole Valparaiso is near the sea and it's a dangerous city with feces everywhere.

Donnybrook
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Re: Buying property in Chile

Post by Donnybrook » Thu Jun 08, 2017 1:40 am

That is not a terrible neighbourhood but not nice either and not attractive at all, as you can see. Did you use Streetview to look around the area? In Viña property is often more expensive for what you get than Santiago. You would need to double your budget to get anywhere anyone would consider nice in and around Viña. You cannot form an idea of a place from a long distance away. You need to be there and look at what is available and how its location relates to the rest of the city.

Bargain Hunter
Rank: Chile Forum Full Member
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Joined: Thu Jun 01, 2017 4:23 am

Re: Buying property in Chile

Post by Bargain Hunter » Thu Jun 08, 2017 3:24 am

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snobrd4life
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Re: Buying property in Chile

Post by snobrd4life » Thu Jun 08, 2017 10:51 am

Bargain Hunter wrote: Keep in mind I am not overly fond of places...
Noted. Please also let us know what colors of window treatments are of your liking. Laminate cabinets or custom for your kitchen. How about green gardens or are you more low maintenance? Should we also make sure that the property also includes a late model car registered in your name that will be parked and waiting for you at the airport thrown in to help seal the deal for you?

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"When ignorance reigns, life is lost." Zack de la Rocha
Not in Chile for now, but still lurking.

Julito
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Re: Buying property in Chile

Post by Julito » Thu Jun 08, 2017 12:49 pm

The chances of that or any other becoming "gentrified" in 3 to 5 years are nil, nada, nothing.

It's not like the capital cities of Australia where gentrification happens over time due to strong growth in prices driven by immigration of people with money and huge foreign investment by for example the Chinese looking for somewhere overseas to park their money. That's what drives up prices in the best areas and forces the priced out people to buy further back from the coast to what were previously less desirable suburbs. Hence the huge home renovation/ extension industry and infill housing in capital city Australia. The Chinese buyers are even arriving in Hobart Tasmania

At 28 years old and a Sydneysider that's all you've ever known but those market dynamics don't exist in Chile and it may never happen. The vast majority of people in the Vina neighborhood you point up wouldn't even be into preventive maintenance much less gentrification.

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eeuunikkeiexpat
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Location: Megalith of unknown origin near my digs, south V Region coast

Re: Buying property in Chile

Post by eeuunikkeiexpat » Thu Jun 08, 2017 12:59 pm

V Region coast, don't forget it is about time for the great Valpo megaquake and tsunami. If it is like 1730, nature will allow for all new construction whether particle board emergency housing or real gentrification. Watch the movie Aftershock as a trailer to the real one.

http://www.imdb.com/title/tt1780762/?ref_=fn_al_tt_1
Generally, just a SPAM KILLER. You are on your own in this forum. My personal mission here is done.

BUT when necessary, by way of ridicule and truth revelation we shalt do war.

--eeuunikkeiexpat

MJSaywell
Rank: Chile Forum Citizen
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Re: Buying property in Chile

Post by MJSaywell » Thu Jun 08, 2017 2:12 pm

Julito wrote:The chances of that or any other becoming "gentrified" in 3 to 5 years are nil, nada, nothing.

It's not like the capital cities of Australia where gentrification happens over time due to strong growth in prices driven by immigration of people with money and huge foreign investment by for example the Chinese looking for somewhere overseas to park their money. That's what drives up prices in the best areas and forces the priced out people to buy further back from the coast to what were previously less desirable suburbs. Hence the huge home renovation/ extension industry and infill housing in capital city Australia. The Chinese buyers are even arriving in Hobart Tasmania

At 28 years old and a Sydneysider that's all you've ever known but those market dynamics don't exist in Chile and it may never happen. The vast majority of people in the Vina neighborhood you point up wouldn't even be into preventive maintenance much less gentrification.
A good explanation, market dynamics are totally different here. Shity suburbs generally stay shitty, especially outside the capital. It's not like developed countries where shitty suburbs generally can become cool and trendy as I saw in NZ too many times.

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