Investment property in Chile: what to buy and what it costs
One-bedroom apartment in Puerto Montt by the sound
$64,000
A 50 m² apartment: a living room with a kitchen, a bedroom and a bathroom. Puerto Montt is the capital of the Los Lagos region on Reloncaví Sound, the gateway to Patagonia with a port, an airport and a seafront promenade. Puerto Varas on Lake Llanquihue with a view of the Osorno volcano is 20 minutes away. A square metre in the region costs about 30.4 UF, or $1,300: the most affordable entry among the cities on this page.
Studio in central Santiago
$73,000
A 35 m² apartment: a room with a kitchen and a bathroom. The centre of Santiago is the historic district around the Plaza de Armas and La Moneda presidential palace, with several metro lines, universities and offices. Small apartments here are bought to let to students and young professionals. A square metre in the Metropolitan Region costs about 49.5 UF, or $2,100.
One-bedroom apartment in the historic centre of La Serena
$75,000
A 55 m² apartment: a living room with a kitchen, a bedroom and a bathroom. La Serena is one of the oldest cities in Chile, with stone churches in the centre, a long beach along the Avenida del Mar and a dry, sunny climate; from here people travel to the Elqui Valley and the observatories. A square metre in the Coquimbo region costs about 32.4 UF, or $1,400.
Two-bedroom apartment on the hills of Valparaíso
$91,000
A 65 m² apartment: a living room, two bedrooms, a kitchen and a bathroom. Playa Ancha is a residential district on the hills of Valparaíso with a view of the Pacific Ocean, university campuses and a stadium, next to the port and the historic hills on the UNESCO list. A square metre in the Valparaíso region costs about 33.3 UF, or $1,400.
Two-bedroom apartment in Viña del Mar above the sea
$98,000
A 70 m² apartment: a living room, two bedrooms, a kitchen and a bathroom. Recreo is a residential district of Viña del Mar on the hills above the sea, on the road to Valparaíso, with a view of the bay. Viña del Mar is a resort city 120 kilometres from Santiago, with beaches, gardens and a seafront promenade. A square metre in the region costs about 33.3 UF, or $1,400: one and a half times less than in the capital.
Two-bedroom apartment in San Miguel by the metro
$120,000
A 55 m² apartment: a living room, two bedrooms, a kitchen and a bathroom. San Miguel is a residential district south of central Santiago along the Gran Avenida, with metro line 2 to the centre and new buildings with pools and small gardens. A square metre in the Metropolitan Region costs about 49.5 UF, or $2,100.
Three-bedroom family apartment in Concepción
$130,000
A 90 m² apartment: a living room, three bedrooms, a kitchen and two bathrooms. Concepción is a large university city in the south of Chile at the mouth of the Biobío River, 500 kilometres from Santiago, with ports and industry. A square metre in the Biobío region costs about 33.1 UF, or $1,400, so a large family apartment here costs less than a two-bedroom one in Ñuñoa.
Two-bedroom apartment in green Ñuñoa
$150,000
A 70 m² apartment: a living room, two bedrooms, a kitchen and a bathroom. Ñuñoa is a green residential district east of central Santiago, with Plaza Ñuñoa, cafés, theatres, the National Stadium and two metro lines. Families, teachers and young professionals live here. A square metre in the Metropolitan Region costs about 49.5 UF, or $2,100.
What investors buy in Chile
Above are the most interesting offers selected by our experts. A manager will find a property for your requirements.
Apartments for sale in Santiago, Valparaíso, Viña del Mar, La Serena, Concepción and Puerto Montt, prices by city, taxes on buying, letting and owning, residence and citizenship.
Chile is one of the most stable housing markets in Latin America: prices here are quoted in UF, a unit of account recalculated for inflation every day, so an apartment holds its value in real money. The average square metre in deals in the Metropolitan Region costs about 49.5 UF, or $2,100, in Valparaíso, Concepción and La Serena about $1,400, in Puerto Montt about $1,300. A one-bedroom apartment in Puerto Montt costs $64,000, a studio in central Santiago $73,000.
This page covers apartments in Santiago, on the coast and in the south: a studio in the centre of the capital, two-bedroom apartments in San Miguel and Ñuñoa, apartments in seaside Valparaíso, Viña del Mar and La Serena, a three-bedroom family apartment in Concepción and a one-bedroom apartment in Puerto Montt, prices by city, taxes and the residence terms. A manager will confirm what is for sale today and the exact price.
The market in brief
Prices and rules as of 2026.
Dollar prices are converted from UF: 1 UF = 41,205 pesos, $1 = 990 pesos. In pesos the price rises every day together with the UF.
How much does an apartment in Chile cost in 2026
Homes in Chile are sold in UF: the seller names the price in units of account, and it is converted into pesos at the UF value on the day of the deal. The Metropolitan Region is the most expensive, with an average of about 49.5 UF per square metre in deals; new apartments in Santiago cost about $3,400 per square metre, and the prestigious districts in the north-east of the capital cost several times the average. In Valparaíso, Viña del Mar, Concepción and La Serena a square metre costs about 33 UF, in Puerto Montt about 30 UF: for the same money an apartment here is one and a half times larger than in the capital.
| City and region | Per m² in UF | Per m² | Apartment, 70 m² |
|---|---|---|---|
| Santiago (Metropolitan Region) | 49.5 UF | ~$2,100 | ~$150,000 |
| Valparaíso and Viña del Mar | 33.3 UF | ~$1,400 | ~$98,000 |
| Concepción (Biobío) | 33.1 UF | ~$1,400 | ~$97,000 |
| La Serena (Coquimbo) | 32.4 UF | ~$1,400 | ~$95,000 |
| Puerto Montt and Puerto Varas (Los Lagos) | 30.4 UF | ~$1,300 | ~$89,000 |
Average home sale prices by region in UF; dollars at the UF value and the exchange rate of October 2026, rounded up.
What taxes are paid on letting and owning
Rent in Chile is set in pesos or UF, and leases are indexed to inflation once a year. A manager will calculate the rental income of a specific apartment after tax at the district's rates on the selection date.
| Tax | Rate |
|---|---|
| Rental income | a resident of Chile pays on a 0-40% scale together with other income, apartments up to 140 m² under the DFL-2 law are tax-free, up to two per person; a non-resident pays 35% |
| Gain on sale | a resident of Chile pays no tax up to 8,000 UF (~$340,000) over a lifetime, 10% above that; a non-resident up to 35% |
| Annual property tax | about 0.9-1.1% of the cadastral value above the tax-free amount, four payments: in April, June, September and November |
| Homes exempt from the annual tax | cadastral value up to 61.7 million pesos (~$63,000) in the second half of 2026 |
Data for 2026; countries are compared in the rental yield table.
A Russian tax resident declares rental income in Russia and notifies the tax office of an account in a Chilean bank. How to bring in the money for the purchase is on the page how to send money to Chile.
What costs to add to the price
| Payment | Amount |
|---|---|
| Purchase tax | not charged |
| New apartment from a developer | 19% VAT is already in the price |
| Notary | ~$130-210 per contract |
| Title registration in the property registry | 0.2-0.3% of the price with an upper limit |
| Mortgage | stamp duty of 0.8% of the loan |
| Total without a mortgage | about 1-1.5% of the price including the lawyer |
Data for 2026. The buyer needs a Chilean tax number for the contract, the bank account and taxes: it is issued by the Internal Revenue Service, including through a representative with a power of attorney. The manager calculates the total for a specific property.
In Chile the property registry and the apartment's debts are checked before the deposit
Mistakes cost more than the deal: a mortgage or a sale prohibition in the property registry, the previous owner's property tax debts, a tax number missing by the contract date, a UF price converted into pesos only once. Murblz support removes these risks: we find an apartment for the budget and goal, obtain the tax number by power of attorney, check the registry and debts, take the deal through the notary to title registration and help with letting.
The cost of support depends on the purchase budget and the goal - investment, relocation or a home for yourself; the manager calculates it in the chat.
Does the purchase give residence
Buying a home does not give residence in Chile: temporary residence here is granted based on income, work, study or family. The rentier permit is granted with a permanent income from abroad - a pension, rent, interest, dividends - that covers living in Chile. After 24 months of temporary residence you apply for permanent residence, and for citizenship after 5 years of living in the country; the terms are on the page Chile citizenship.
An apartment can be bought without any status: a passport and a Chilean tax number are enough, and the number can be obtained through a representative. A foreigner buys a home on almost the same terms as a Chilean: the only restriction concerns border zones and applies to citizens of the countries bordering Chile. Russian citizens need no visa for a viewing trip and can stay in Chile for up to 90 days without one. A manager will find an apartment for a family move and residence in the chat.
How we select a property
- Budget and goal: rental income, capital preservation, relocation or a home for yourself. The manager clarifies the city and the payment method.
- A selection of real properties: apartments with the seller's price in UF and dollars, area, building year and a rental income calculation.
- Checks: property registry extracts on the owner, mortgages and prohibitions, a certificate of no property tax debts, municipal permits for the building, the building year and seismic standards.
- A remote deal by power of attorney: tax number, preliminary contract and deposit, contract at the notary, payment through a bank and title registration in the registry.
The manager sends the selection to the chat, with sellers' prices as of the selection date.
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More on buying in this country:
- Property in Chile for foreigners: rules, taxes and the deal
- How to buy an apartment in Chile
- How to send money to Chile
- Taxes in Chile
- Chile citizenship
- Company registration in Chile
- Living in Santiago: cost, rent and neighbourhoods
- Valparaíso: city and relocation guide
- Chile: all programs
All countries and budgets compared - on the page Investment property abroad.
FAQ
How much does an apartment in Chile cost in 2026?
Can foreigners buy property in Chile?
Does buying property give residence in Chile?
Why are home prices in Chile quoted in UF?
What taxes are paid when buying property in Chile?
What taxes does an apartment owner pay in Chile?
Where to buy an apartment for investment in Chile?
Can property in Chile be bought remotely?
Don’t want to figure this out alone?
We handle the whole process end to end: we shortlist properties for your goal, run legal checks and support the deal through to registration. Ask your question in the chat: the free consultation starts right here. Legal representation before authorities and courts is handled by Murblz specialists together with locally licensed partners.
The Murblz consultant replies straight away in the chat on this page. Describe your situation and we will work it out together.
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