macal auction January 28th, 2020 11 a.m.

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Re: macal auction January 28th, 2020 11 a.m.

Post by admin » Tue Jan 28, 2020 12:46 pm

seems prices settled down after the first 20 lots or so in to something more reasonable. it is like the property "tourist" loose interest and leave after first 30 mins or something.
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Re: macal auction January 28th, 2020 11 a.m.

Post by admin » Tue Jan 28, 2020 12:48 pm

really i have no personal interest, beyond just market / economy info of anything north of the bio bio river. I am waiting for the action down south.
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Re: macal auction January 28th, 2020 11 a.m.

Post by admin » Tue Jan 28, 2020 12:53 pm

I am especially interested this year and being direct in the middle of the vacation season to see if a bunch people go fishing for something down south.
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Re: macal auction January 28th, 2020 11 a.m.

Post by dmwbmw2 » Tue Jan 28, 2020 12:59 pm

Holy crap, I have a 280 m2 apt in Providencia that I thought might be worth about that.
And I was worried that with the riots it might even be worth much less.
What is going on with the market there?

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Re: macal auction January 28th, 2020 11 a.m.

Post by admin » Tue Jan 28, 2020 1:07 pm

nice looking house in punta arenas, with good action, 158 million

little too far south for my taste, but nice area.
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Re: macal auction January 28th, 2020 11 a.m.

Post by admin » Tue Jan 28, 2020 1:09 pm

dmwbmw2 wrote:
Tue Jan 28, 2020 12:59 pm
Holy crap, I have a 280 m2 apt in Providencia that I thought might be worth about that.
And I was worried that with the riots it might even be worth much less.
What is going on with the market there?
I am thinking people would rather hold their money in real estate, than anywhere else. it is sort of default move for Chileans. but they also just might be stupid.
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Re: macal auction January 28th, 2020 11 a.m.

Post by admin » Tue Jan 28, 2020 1:30 pm

those lots in chillian are getting suprisingly good action.
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Re: macal auction January 28th, 2020 11 a.m.

Post by admin » Tue Jan 28, 2020 1:35 pm

seems the action on those chillan lots are mostly from the region.
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Re: macal auction January 28th, 2020 11 a.m.

Post by admin » Tue Jan 28, 2020 1:48 pm

Haha, that lot in puyehue went for 15.5 million. last auction couple lots there sold for 14 million.

I own two hectares walking distance down the road from them.
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Re: macal auction January 28th, 2020 11 a.m.

Post by admin » Tue Jan 28, 2020 1:56 pm

a guy bought one of those lots in chillian for 8 million. they then ran the auction again for the other lots. they crossed 8.5 million

the auctioneer stoped and said to the other guy, "look you already made 500,000".

:lol:
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Re: macal auction January 28th, 2020 11 a.m.

Post by admin » Tue Jan 28, 2020 2:00 pm

I dont get the interest in those chiloe lots. there is really nothing out there.
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Re: macal auction January 28th, 2020 11 a.m.

Post by admin » Tue Jan 28, 2020 2:08 pm

well that was fun. not sure i can draw any overall conclusions from that. the prices and action was all over the place; but, from past years watching, that is not unusual for summer vacation season or holidays.


cars auction tomorrow.
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