Chile stretches over 4,000 km (2,485 miles) from top to bottom, giving it one of the world's most diverse climates-from the Atacama Desert in the north to Patagonia and Antarctica in the south.
The capital city is Santiago, located approximately in the country's center, and Chile is widely regarded as one of South America's politically and economically stable countries, which attracts foreign investors and private buyers that in turn supports the Chile real estate market.
Popular areas of Chile with International Buyers - investment or personal use, listed by owner, for sale by real estate agent and for rent:
Properties bought below market value in luxury areas often see strong capital appreciation when the market recovers, if there has been a market downturn, or the area expands and becomes more sought after by high end buyers.
When a location sees economic or political unsettling it can affect prices, allowing investors to acquire premium assets at a discount during these times.
Buying luxury real estate cheaply can offer a stronger rental income potential relative to the purchase price, especially for short-term or vacation rentals. Plus the lower initial purchase price means a smaller mortgage or debt load, thus improving the return on investment (ROI) ratio.
Just because the purchase price may be lower than expected, high-end features can still include amenities like a pool, come with great views, security, or smart home tech, which are often expected with luxury properties.
Cheap luxury deals often require speed, cash, or special knowledge, reducing buyer competition compared to the typical mid-range properties.
Investing in cheap properties for sale in Chile, can include luxury real estate, that is also has an appeal to international investors as well as local buyers, and can attract interest during boom times when cash is plentiful, increasing the potential exit gain when the time is right.
