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- Rank: Chile Forum Tourist
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- Joined: Fri Dec 31, 2010 12:40 am
Specifically, could I generate passive income of any kind? To me it looks like real estate prices are out of my reach.
At what amount can I purchase a 4 plex that is in a high demand area?
Any tips are appreciated, thank you
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- Location: Frutillar, Chile
at 680 to the dollar, or about 170 million does not really buy you much in a high demand area, if generating income is the goal.
Perhaps one of the tourist destinations, outside Santiago, you could perhaps do a cabins on a 5000 meter lot; but, that is not some guaranteed, steady, income. you are basically running a hotel.
for that you can get one house or one apartment; not some sort of apartment building.
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