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With the Global Properties platform, foreigners can find and purchase flats for sale in residential complexes in Chile for both investment and living under the most favorable conditions. Follow this simple guide to find the perfect option that suits your preferences:
- Filter settings: Open the advanced search system and use the filters to select properties with the right price, size, number of bedrooms and bathrooms, furnishings, location, construction stage, etc. To explore popular search queries, click on one of the quick links like "waterfront properties" or "swimming pool."
- Sorting search results: Rank the listings that meet your criteria according to your interests: by name, popularity, date of publication, or price (ascending or descending).
- Discussing the deal: Analyze the information presented in the listing. Use the converter to display the price in your preferred currency and explore the neighborhood using the interactive map. View photos, read property details, and find the seller's contact information. Contact the developer or agency to get additional information and discuss a potential deal.
- Minimum price for new apartments in Chile: $277,000.
- Maximum price: $2.8 million.
Purchasing real estate in Chile does not grant foreigners the right to apply for residency through a simplified procedure. Foreign investors interested in legalizing their stay in the country can obtain a residency card by investing at least $500,000 in the local economy. After transferring funds through a registered organization or international project approved by the Chilean Ministry of Foreign Affairs, they will become residents for two years.
There is also another option—the rentier visa. Foreigners can prove they have a monthly income of more than $1,500 from abroad to receive a residency permit in Chile.
Apartments in residential complexes in Chile
Before purchasing apartments for sale in Chile residential complexes, it is crucial to conduct thorough research, analyze market conditions, and consult local experts. One of the most important factors buyers should consider is the location of the property.
Currently, Santiago is the most popular investment destination. As the capital and largest city of Chile, it is also the country’s economic and cultural hub. Apartments in the following neighborhoods are highly sought after:
- Las Condes: One of the most prestigious and modern areas of the city, known for its luxury residential properties, shopping centers, and business districts.
- Providencia: Another well-known neighborhood featuring well-maintained parks, cultural landmarks, and a good balance of residential and commercial properties.
- Vitacura: An area with upscale residential neighborhoods, shops, restaurants, art galleries, and modern art museums, attracting buyers with its bohemian atmosphere and vibrant public life.
Buyers of apartments in Chile also show interest in Viña del Mar, a resort town located on the Pacific coast. Its popularity among tourists is justified by well-kept beaches, picturesque gardens, and large cultural events.
Investments in apartments by developers in Chile
As European countries face increasing market uncertainty, some investors are turning to emerging economies. South America has become one of the most promising regions for investment. In comparison to Argentina, with its weak legal system, and Brazil, which struggles with widespread corruption and high crime rates, Chile stands out as the best option.
Chile boasts the highest average income on the continent, a developed education system, an educated population, modern infrastructure, and low corruption at an institutional level. These factors, along with a strong tourism industry, create favorable conditions for investing in apartments and houses in Chile.
Since the tax reform, which raised the VAT to 19%, came into effect, the number of housing transactions in the country has dropped sharply. It is expected that the volume of deals will continue to decrease at a slower pace over the next few years. Therefore, many investors are eager to buy apartments, as the prices from developers are the most favorable now. Due to an excess of real estate projects in Santiago and other popular locations, many companies are beginning to offer flexible payment plans and/or discounts.
Despite this, prices for apartments for sale in new development projects in Chile are steadily rising. The average annual growth rate of real estate prices in the country is 4.5%. Experts predict that from 2024 to 2029, the growth rate will reach 5.44%, bringing the market volume to $2.02 trillion.
Buy an apartment in Chile in residential complex
The Global Properties online platform offers a daily updated database of Chilean apartments in residential complexes at developer prices. All listings, automatically loaded from reliable agencies and developer websites, are manually verified. Users only get access to up-to-date offers, accurate details, and quality photos. The convenient features make it easy to find a property with the best value for money in a short amount of time. Use our platform and find your dream home today!