The full list of property taxes in Concepción Region in 2025

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THE LATINVESTOR

A team specialized in real estate investing in LATAM countries

We are a team of financial experts, legal professionals, developers, and local real estate specialists dedicated to helping people like you avoid mistakes when investing in real estate in a foreign place, particularly in Concepción Region. If you'd like to learn more about us, you can check our presentation page.

How this content was created 🔎📝

At The LatinVestor, we explore the Chilean real estate market every day. Our team doesn't just analyze data from a distance—we're actively engaging with local realtors, investors, and property managers in cities like Concepción, Talcahuano, and Chiguayante. This hands-on approach allows us to gain a deep understanding of the market from the inside out.

These observations are originally based on what we've learned through these conversations and our observations. But it was not enough. To back them up, we also needed to rely on trusted resources

We prioritize accuracy and authority. Trends lacking solid data or expert validation were excluded.

Trustworthiness is central to our work. Every source and citation is clearly listed, ensuring transparency. A writing AI-powered tool was used solely to refine readability and engagement.

To make the information accessible, our team designed custom infographics that clarify key points. We hope you will like them! All illustrations and media were created in-house and added manually.

What area exactly does the Concepción Region cover for property tax purposes in 2025?

The Concepción Region for property tax purposes covers the entire Biobío Region, specifically the Province of Concepción.

This administrative area includes the City of Concepción as the main urban center, along with surrounding municipalities such as Talcahuano, Chiguayante, San Pedro de la Paz, Hualpén, and Penco. The tax jurisdiction extends to both urban and rural properties within these municipal boundaries.

Each municipality within the region operates its own treasury department (Tesorería Municipal) that handles property tax collection, but they follow the same basic rate structure established at the national level. The geographic scope encompasses all registered properties from the coastal areas near Talcahuano to the inland communities surrounding Concepción.

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What is the standard property tax rate applied to most properties in this region in 2025?

The standard property tax rate for residential properties in Concepción Region is 1.2% of the government-assessed fiscal value (avalúo fiscal).

This rate applies to the majority of residential properties including houses, apartments, and condominiums. The tax calculation is straightforward: if your property has a fiscal value of CLP 100 million, your annual property tax would be CLP 1.2 million.

Commercial and industrial properties face a higher standard rate starting at 1.4% of the fiscal value. Some prime commercial locations or specific property uses can see rates reaching up to 1.6-2.0%, depending on the municipality and property characteristics.

The fiscal value used for this calculation is determined through government assessments that consider market data, property size, condition, location, and improvements. These assessments are updated periodically to reflect current market conditions.

Are residential properties subject to a different tax rate than commercial or industrial properties, and if so, what are the numbers?

Yes, residential properties benefit from lower tax rates compared to commercial and industrial properties in Concepción Region.

Property Category	Tax Rate Range	Typical Application
Residential Properties	1.2%	Houses, apartments, condos
Commercial Properties	1.4-1.8%	Retail, offices, restaurants
Industrial Properties	1.6-2.0%	Factories, warehouses
Prime Commercial Locations	1.8-2.0%	City center, high-traffic areas
Mixed-Use Properties	1.3-1.5%	Residential with commercial ground floor

Is there a minimum property value threshold below which owners don't pay any property tax in 2025?

Yes, properties with a fiscal value below CLP 30 million are typically exempt from annual property tax in Concepción Region.

This threshold serves as a protection for owners of lower-value properties, ensuring that basic housing remains affordable. The exemption applies to the property's government-assessed fiscal value (avalúo fiscal), not the market price you might have paid.

The threshold amount can vary slightly between municipalities and may be adjusted annually based on local regulations. Some municipalities set their threshold slightly higher or lower than the CLP 30 million baseline, so property owners should verify the exact amount with their local municipal treasury.

Properties that fall just above this threshold pay the full tax rate on their entire assessed value, not just the amount exceeding the threshold. For example, a property valued at CLP 35 million would pay tax on the full CLP 35 million at the applicable rate.

How are property values assessed in the Concepción Region, and what calculation or percentage is used to determine taxable value?

Property values in Concepción Region are determined through government assessments based on comprehensive market analysis and property characteristics.

The assessment process considers multiple factors including location, property size, construction quality, age of the building, recent improvements, and comparable sales in the area. Government assessors use standardized methodologies to ensure consistent valuations across the region.

The taxable value is 100% of the official appraised value (avalúo fiscal), with no additional percentage applied or deducted. This means if your property is assessed at CLP 80 million, the tax calculation uses the full CLP 80 million as the taxable base.

Assessments are updated periodically, typically every few years, to reflect current market conditions. Property owners receive official notification of their assessed value and have the right to appeal if they believe the valuation is incorrect or doesn't reflect the property's actual condition.

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Have the property tax rates changed compared to 2024, and by how much in percentage or pesos?

The base property tax rates have remained stable from 2024 to 2025, maintaining 1.2% for residential and 1.4% for commercial properties.

However, property owners are paying more in absolute peso terms due to significant property value appreciation in 2025. Houses in Concepción Region experienced a 14% year-over-year price increase, while the overall residential market grew by 7%.

This means that while the tax rate percentage hasn't changed, the assessed values used for tax calculations have increased substantially. For example, a house previously valued at CLP 100 million would now be assessed at approximately CLP 114 million, resulting in a tax increase from CLP 1.2 million to CLP 1.368 million annually.

The combination of stable tax rates with rising property values has effectively increased the tax burden for most property owners, even without any formal rate increases by municipal authorities.

Are there specific exemptions, deductions, or discounts available for property owners, and what are the amounts or percentages?

Several exemptions and discounts are available for eligible property owners in Concepción Region, with the most common being a 50% reduction for senior citizens and pensioners.

1. **Senior Citizen Discount**: 50% tax reduction for property owners over 65 years old2. **Low-Income Household Exemption**: Complete exemption for families enrolled in social assistance programs3. **Disability Discount**: Partial reductions for properties owned by individuals with certified disabilities4. **Heritage Property Relief**: Special considerations for properties with historical or cultural significance5. **Owner-Occupier Benefits**: Reduced rates for properties used as primary residences

The exact eligibility criteria and application processes vary by municipality, but most require annual renewal and documentation proving qualification. Senior citizens typically need to provide identification and proof of age, while low-income exemptions require enrollment in government social programs.

Some municipalities offer additional local discounts for specific circumstances, such as properties affected by natural disasters or economic hardship. Property owners should contact their local municipal treasury to understand all available options and application deadlines.

Are there any additional taxes for improvements or new constructions, and what rates apply?

New construction and major property improvements trigger additional municipal taxes separate from the annual property tax.

Construction-related taxes typically range from 0.5% to 2% of the declared investment value, plus mandatory building permits and utility connection fees. These are one-time charges paid during the construction or improvement process.

The assessment of improvements for ongoing property tax purposes often follows a gradual implementation schedule. Many municipalities don't immediately tax improvements at full value, instead applying gradual increases over 2-5 years after completion to ease the financial impact on property owners.

Building permits, electrical connections, water and sewer hookups each carry separate fees that vary by municipality and project scope. Large commercial developments may face additional impact fees for infrastructure improvements required to support the new construction.

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Is there a difference in property taxes between properties in the City of Concepción and those in surrounding municipalities, and what are the exact rates?

While the base tax rate structure remains consistent across the region, municipalities can apply minor surcharges and additional fees for local services.

The City of Concepción typically charges slightly higher total taxes due to municipal levies for services like enhanced waste collection, street maintenance, and urban infrastructure. However, the core property tax rate remains within the 1.2-1.4% range for residential properties and 1.4-2.0% for commercial properties.

Surrounding municipalities like Talcahuano, San Pedro de la Paz, and Chiguayante may have lower additional charges but follow the same basic rate structure. The differences usually amount to a few thousand pesos annually rather than significant percentage point variations.

Specific municipal services such as street lighting, park maintenance, or special improvement districts can add small surcharges to the base property tax bill. These additional charges are clearly itemized on tax bills and vary based on the specific services available in each area.

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What is the payment schedule for property taxes in 2025, including exact due dates and number of installments?

Property taxes in Concepción Region are divided into four quarterly installments with due dates in April, June, September, and November 2025.

Installment	Due Date	Amount
First Quarter	April 30, 2025	25% of annual tax
Second Quarter	June 30, 2025	25% of annual tax
Third Quarter	September 30, 2025	25% of annual tax
Fourth Quarter	November 30, 2025	25% of annual tax
Annual Payment Option	April 30, 2025	100% with 2-3% discount

What penalties or interest rates apply for late payments, and how much extra would someone owe?

Late payment penalties in Concepción Region include monthly interest rates of 1-1.5% of the overdue amount plus additional surcharges.

The penalty structure typically works as follows: after 30 days past the due date, a 5% surcharge applies to the overdue amount. Additionally, monthly interest of 1-1.5% compounds on the unpaid balance for each month the payment remains overdue.

For example, if your quarterly tax payment is CLP 300,000 and you pay 60 days late, you would owe approximately CLP 315,000 (5% surcharge) plus CLP 9,000 (1.5% monthly interest for two months), totaling CLP 324,000.

Persistent non-payment can result in legal action, property liens, or in extreme cases, forced sale of the property to recover unpaid taxes. Most municipalities offer payment plan options for property owners experiencing financial difficulties, which can help avoid the most severe penalties.

Which government office or institution is responsible for collecting and managing these property taxes in 2025?

The Municipal Treasury or Finance Department (Tesorería Municipal) of each commune or municipality in Concepción Region handles all property tax matters.

Each municipality operates its own treasury department responsible for property assessments, tax billing, payment collection, processing exemption applications, and handling appeals. The City of Concepción has its own Tesorería Municipal, as do surrounding municipalities like Talcahuano, San Pedro de la Paz, and others.

These municipal treasuries provide online payment portals, in-person service counters, and official forms for all property tax-related transactions. They also publish annual schedules, updated exemption criteria, and any changes to local tax regulations.

Property owners can contact their respective municipal treasury directly for specific information about their tax bills, payment options, or to request official documentation. Most municipalities maintain websites with current tax information and downloadable forms for common transactions.

Conclusion

This article is for informational purposes only and should not be considered financial advice. Readers are advised to consult with a qualified professional before making any investment decisions. We do not assume any liability for actions taken based on the information provided.

Sources

1. Market overview and summary of local tax practices in 2025
2. 2025 property price trends and yield analysis
3. Detailed fee schedule for new construction and improvements
4. Property investment analysis for Concepción Region
5. KPMG Chile Tax Information Exchange
6. Local property tax payment procedures
7. Property tax payment schedules and deadlines
8. Penalty structure for late property tax payments