How to Purchase Property in Chile as a Foreigner

Who can buy property in Chile?

There is no differentiation in property rights between Chileans and foreigners. As a foreign buyer, you enjoy the same property rights as a local resident. This significant aspect ensures that your investment is safeguarded under the identical laws that protect Chilean citizens.

Do the research

Chile is known for its diverse geography, featuring the Andes Mountains to the east, the Pacific Ocean to the west, the Atacama Desert to the north, and a multitude of lakes, rivers, and forests in between. The country is recognized for its economic stability, relative prosperity, and strong commitment to democracy.

It´s crucial to conduct thorough research, consider market conditions, and seek advice from local experts before making any real estate investment.

Some of the more popular locations for real estate investments are:

  • Santiago - As the capital and largest city of Chile, Santiago is a major economic and cultural hub. It offers a range of neighborhoods, from the historic city center to upscale districts like Las Condes and Vitacura.
    • Las Condes, Santiago - This is one of the wealthiest and most modern districts in Santiago, known for its high-end residential properties, shopping centers, and business districts.
    • Providencia, Santiago - Another desirable district in Santiago, Providencia is known for its parks, cultural attractions, and a mix of residential and commercial spaces.
    • Vitacura, Santiago - Similar to Las Condes, Vitacura is an affluent district with upscale residential areas, shopping, and dining options. It´s a popular choice among those seeking a high-end lifestyle.
    • Ñuñoa, Santiago - Ñuñoa is a diverse district with a mix of residential and commercial areas. It´s known for its cultural events, parks, and accessibility to different parts of the city.
  • Viña del Mar - Located on the Pacific coast, Viña del Mar is a resort city known for its beaches, gardens, and cultural events. It´s a popular destination for both tourists and those seeking a more relaxed lifestyle.

Where to find properties online:


Yes, foreigners can secure property loans in Chile. The country´s banking and financial sector encompasses several local lenders that extend mortgage services to both residents and non-residents.

In Chile, you can typically expect the down payment to be between 10% and 30% of the property´s purchase price. The exact percentage required can be influenced by factors such as the property´s location, type, and the applicant´s credit history.

Property Visits and Preliminary Contract

While a preliminary contract is not mandatory, it is highly recommended to sign a promise of sale before a notary when acquiring a property. This proactive step helps prevent potential issues in the future. In Chile, this document is referred to as "Promesa de Compraventa," signifying the promise of sale agreement.

Due Diligence and Sales Contract 

The most intricate phase of the process is the due diligence, which includes verifying the property´s legal standing, confirming the absence of outstanding debts or legal claims, and ensuring the seller possesses the rightful authority to sell the property.

Engaging a local lawyer or real estate agent is recommended during this stage, as they possess expertise in conducting essential legal checks and ensuring accurate payment of taxes and fees.

Property Buying Costs and Taxes in Chile

Transaction Costs
    Who Pays?
Registration Fee 0.20% - 0.30% buyer
Notary Fees 0.10% buyer
Legal Fees 1.00% buyer
Real Estate Agent Fee 2.00% - 3.00% seller
Costs paid by buyer 1.30% - 1.40%  
Costs paid by seller 2.00% - 3.00%
Source: Global Property Guide