Any one ever buy a property in chile?

Viewing 10 posts - 1 through 10 (of 10 total)

Jpcashflow
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@jpcashflow
Join Date: 2007
Post Count: 575
November 14, 2012 - 1:52 am
Hi every one,
Four years ago my wife and I purchased a home in chile for Aud 20,000
it might seem like a bargain but to chile standards that was the normal price of a home
We just got it valued at aud 80000, we hoping to go to chile in jun 2013 and buy two other properties the yields are great and most properties provide both cf and cg
We are lucky that my wife was born in chile and also we have our brother in law who lives there at well
I'm Maltese and in the last four weeks we have been talking to the banks in chile and we have found a bank that will lend to a foreigner. I must admit that the rates, service and product they offer are much better then here
Any ways enough about me but has any one bought a property in chile?
Jpcashflow | JP Financial Group
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jmsrachel
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@jmsrachel
Join Date: 2012
Post Count: 711
November 14, 2012 - 2:39 am
Not in Chile but did consider purchasing a unit in Malta. I’m also Maltese so the country isn’t foreign to me but the returns didn’t justify the purchase.
Jpcashflow
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@jpcashflow
Join Date: 2007
Post Count: 575
November 14, 2012 - 3:00 am
Kif inti Joey
i looked at Malta as well returns are not that great but good returns in the future
Jpcashflow | JP Financial Group
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Your first port of call in finance :)
mattsta
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@mattsta
Join Date: 2011
Post Count: 604
November 16, 2012 - 6:09 pm
I have not invested in Chili. I was thinking about investing in apartments in the US, but I do not think I will do it. I will check out Chili now:-) It seems like it might be a great investment in the future for me!
Ziv Nakajima-Magen
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@zmagen
Join Date: 2012
Post Count: 523
November 18, 2012 - 5:17 am
Mattsta- so you spruik Detroit properties, but never purchased in the US personally?
Ziv Nakajima-Magen | Nippon Tradings International (NTI)
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Ziv Nakajima-Magen - Partner & Executive Manager, Asia-Pacific @ NTI - Japan Real-Estate Investment Property
mattsta
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@mattsta
Join Date: 2011
Post Count: 604
November 23, 2012 - 4:40 pm
Hi Zmagen, I was thinking about investing in the US property, but after careful research and consulting with other property investors, I have decided to postpone it for now.
avaseer
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@avaseer
Join Date: 2013
Post Count: 1
August 11, 2013 - 3:17 pm
JP,
I'm extremely interested in investing in Chile, what bank is friendly to lending to foreign people, what did you have to do for tax and ID purposes?
Also what part of chile did you invest in?
Any information to help me get a start will be greatly appreciated.
N@than
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@n-than
Join Date: 2010
Post Count: 241
August 12, 2013 - 3:05 am
As this has resurfaced… How did you end up going in regards to the trip in June this year? How is the Chile market traveling at the moment?
alfrescodining
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@alfrescodining
Join Date: 2012
Post Count: 160
August 25, 2013 - 12:00 pm
I'm thinking of buying an apartment in Santiago. To the original poster, if you ever come back to the forum, I'd appreciate any info you can share about strata laws (or the Chilean equivalent) in the country.
EngeloRumora
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@engelorumora
Join Date: 2010
Post Count: 618
August 25, 2013 - 6:02 pm
Hi Mattsta.
What is the main reason behind not wanting to purchase in the US?
Thanks for your time
EngeloRumora | Ohio Cashflow
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