Does 250k do anything in Chile?

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book
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Does 250k do anything in Chile?

Post by book » Sat Jun 29, 2019 3:13 pm

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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Re: Does 250k do anything in Chile?

Post by admin » Sun Jun 30, 2019 9:33 am

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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