Moderate rental yields in Santiago
| Last Updated: Dec. 31, 2018 | |||||
| SANTIAGO - Apartments |
COST (US$) | YIELD (p.a.) | PRICE/SQ.M. (US$) | ||
| TO BUY | MONTHLY RENT | TO BUY | MONTHLY RENT | ||
| 60 sq. m. | 221,820 | 743 | 4.02% | 3,697 | 12.38 |
| 85 sq. m. | 298,520 | 993 | 3.99% | 3,512 | 11.68 |
| 120 sq. m. | 390,720 | 1,336 | 4.10% | 3,256 | 11.13 |
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All yields are gross - i.e., before taxes, repair costs, ground rents, estate agents fees, and any other costs. Net yields (what you´ll really earn) are typically around 1.5% to 2% lower. Santiago: Barrio Lastarria, Barrio Brasil, Bellavista, Club de Golf La Dehesa, El Golf, Las Condes, La Reina, Metro Alcantara, Metro Escuela Militar, Nunuoa, Providencia, Vitacura Source: Global Property Guide Definitions: Data FAQ See also: Update Schedule |
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It is obviously impossible to summarise the many different price-ranges and yields in Chile's capital, Santiago. Our research covered the richer districts of Barrio Lastarria - a popular tourist hub and a historic district; Barrio Brasil - with its strong artistic and cultural scene and many universities; Bellavista, known as Santiago's bohemian quarter, with avant-garde galleries, bars and clubs, host to many of the city's intellectuals and artists; La Dehesa; El Golf; Las Condes, with its upscale population; La Reina, which consistently ranks in the top 5 districts for quality of life; Metro Alcantara; Metro Escuela Militar; Nunuoa; Providencia; and Vitacura.Â
We found great variations but the overall results was pretty clear, that a square metre of residential property in such upscale districts tends to go for around $3,200 to $3,700 and to command a rental yield of around 4%.
