Profitable Investment Real Estate For Sale in Chile
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:
Investment real estate refers to property purchased with the primary goal of generating income for profit, rather than being used as a personal residence.
The investor, or owner, rents out the property to tenants directly or through a management company for short or long-term periods. In return the investor earns regular rental payments, which can be from residential rentals, such as houses, condos or apartments, or from commercial rentals which can be offices or retail spaces.
As the property increases in value over time, often used in growing markets (albeit there can be periods of decline) but overall property values do increase, and can then be sold at a profit.
Investors may be able to deduct expenses such as mortgage interest, property taxes, insurance, and depreciation adding to the value of ownership.
Also there are mixed-use properties combining residential and commercial elements as an option, plus land, with or without planning permission, that can be developed on or sold again for future real estate development.