Boom in Chile: economic growth encourages investors
The Chilean real estate market is in turmoil. House prices have plummeted in 2016 after the imposition of VAT of 20% but today, it seems that this situation has been reversed, bringing a sharp rise not only in the economy, but especially in the real estate market.
This circumstance has encouraged investors who have decided to throw themselves headlong into the Chilean brick, eager to buy an apartment in Chile.
Currently, the real estate market in Chile has thus recovered the equilibrium situation that had existed before 2016.
Last August, moreover, a tax modernization project had announced 12 measures aimed at increasing growth and development in the same country.
Any natural or legal person, resident or not in this country, is free to purchase real estate (except in the neighboring area).
Even the oldest houses are back in vogue, becoming a symbol (as well as a good) essential to get to investors, lovers of vintage structures and distant from modernity.
A "must-have" investment that has allowed Chile to return to the list of the most desired countries to build from scratch or buy an apartment.
It should be noted that the total costs of a property transaction are very low. This increases and speeds up the economic return in the real estate market (a convenience not to be underestimated).
With regard to the numerical data of robust economic growth, positive peaks were recorded from year to year (starting from 2016) of 5.6%. An excellent result if you think that only two years ago, the country was going through a phase of recession.
The unemployment rate is also very low. About 3%, clearly decreasing compared to 2016.
It is hoped that this trend can continue uninterruptedly, and who knows, maybe the next buyer could be you!
This circumstance has encouraged investors who have decided to throw themselves headlong into the Chilean brick, eager to buy an apartment in Chile.
Currently, the real estate market in Chile has thus recovered the equilibrium situation that had existed before 2016.
Last August, moreover, a tax modernization project had announced 12 measures aimed at increasing growth and development in the same country.
Any natural or legal person, resident or not in this country, is free to purchase real estate (except in the neighboring area).
Even the oldest houses are back in vogue, becoming a symbol (as well as a good) essential to get to investors, lovers of vintage structures and distant from modernity.
A "must-have" investment that has allowed Chile to return to the list of the most desired countries to build from scratch or buy an apartment.
It should be noted that the total costs of a property transaction are very low. This increases and speeds up the economic return in the real estate market (a convenience not to be underestimated).
With regard to the numerical data of robust economic growth, positive peaks were recorded from year to year (starting from 2016) of 5.6%. An excellent result if you think that only two years ago, the country was going through a phase of recession.
The unemployment rate is also very low. About 3%, clearly decreasing compared to 2016.
It is hoped that this trend can continue uninterruptedly, and who knows, maybe the next buyer could be you!
