Authored by the expert who managed and guided the team behind the Chile Property Pack
Everything you need to know before buying real estate is included in our Chile Property Pack
This guide covers the current housing prices in Chile as of January 2026, with real data from official Chilean sources.
We constantly update this blog post to reflect the latest market conditions and pricing trends across Chilean neighborhoods.
Whether you are looking at Santiago apartments or houses in premium communes, you will find clear price ranges here.
And if you're planning to buy a property in this place, you may want to download our pack covering the real estate market in Chile.
Insights
- Chile housing prices are quoted in UF (Unidad de Fomento), an inflation-indexed unit, which means your property value automatically adjusts for inflation over time.
- The average list-to-sale discount in Chile sits around 6%, but premium Santiago communes like Vitacura see only 3% while softer markets can reach 10%.
- New apartments in Vitacura cost around 115 to 130 UF per square meter, while Quilicura apartments start at just 58 UF per square meter, a gap of over 100%.
- Chile housing prices rose about 40% in UF terms over the past decade, driven by land scarcity in well-connected areas and strong demand for inflation-protected assets.
- Apartments represent roughly 65% of the Chile residential market, reflecting heavy urban concentration and developer focus on densification in major metros.
- New-build properties in Chile carry a premium of around 12% over comparable existing homes, partly due to embedded VAT for habitual sellers.
- Stamp tax on mortgages in Chile is capped at 0.4% to 0.8% of the loan amount, making financing costs relatively predictable for buyers.
- At a budget of 100,000 USD, buyers in Chile are limited to small studios under 30 square meters in outer Santiago communes like Estacion Central.
What is the average housing price in Chile in 2026?
The median housing price is more useful than the average because it represents what a typical buyer actually pays, without being skewed upward by a few luxury sales.
We are writing this as of January 2026, using the latest data collected from authoritative sources like the Banco Central de Chile and NielsenIQ-GfK, which we manually verified.
The median housing price in Chile in 2026 is approximately 5,600 UF, which equals around 223 million CLP, or about 248,000 USD, or roughly 228,000 EUR. The average housing price in Chile in 2026 is higher at around 6,500 UF, which translates to about 259 million CLP, or approximately 288,000 USD, or 265,000 EUR.
About 80% of residential properties in Chile in 2026 fall within a price range of 3,000 to 9,000 UF, which is roughly 120 million to 360 million CLP, or 133,000 to 400,000 USD.
A realistic entry range in Chile in 2026 is 2,500 to 3,200 UF (100 million to 128 million CLP, or 111,000 to 142,000 USD, or 102,000 to 130,000 EUR), which can get you a studio or one-bedroom apartment of 28 to 40 square meters in Estacion Central or Santiago Centro in an existing building.
A typical luxury property in Chile in 2026 ranges from 15,000 to 30,000 UF (600 million to 1.2 billion CLP, or 665,000 to 1.33 million USD, or 611,000 to 1.22 million EUR), which includes houses of 180 to 300 square meters with yards in Vitacura or Lo Barnechea.
By the way, you will find much more detailed price ranges in our property pack covering the real estate market in Chile.
Are Chile property listing prices close to the actual sale price in 2026?
The estimated difference between listing prices and actual sale prices in Chile in 2026 is around 6% on average, meaning buyers typically pay about 6% less than the asking price.
This discount exists because mortgage conditions remain tight in Chile, pushing buyers to negotiate harder while sellers prefer closing deals over waiting. The gap varies significantly: premium communes like Vitacura and Las Condes see discounts of only 3%, while softer submarkets or properties needing renovation can see 8% to 10% off the listing price.
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What is the price per sq m or per sq ft for properties in Chile in 2026?
As of January 2026, the median housing price per square meter in Chile is approximately 75 UF, which equals around 2.99 million CLP, or about 3,325 USD, or roughly 3,054 EUR per square meter. The average price per square meter in Chile in 2026 is around 82 UF, or about 3.27 million CLP, or 3,635 USD, or 3,339 EUR, which translates to roughly 309 USD per square foot for the median and 338 USD per square foot for the average.
In Chile in 2026, the highest price per square meter is found in newer apartments in premium communes like Vitacura and Las Condes (due to land scarcity and strong demand for safety and schools), while the lowest is in peripheral zones like Quilicura or older stock needing upgrades.
The highest prices per square meter in Chile in 2026 are in Vitacura at 115 to 130 UF per square meter (4.6 to 5.2 million CLP), followed by Las Condes at 100 to 120 UF per square meter. The lowest prices are in Quilicura and parts of Maipu at 58 to 70 UF per square meter (2.3 to 2.8 million CLP).
How have property prices evolved in Chile?
Compared to one year ago (January 2025), Chile housing prices have increased by about 2% in UF terms, which translates to roughly 6% in CLP terms when you factor in inflation built into the UF. In real (inflation-adjusted) terms, prices have essentially stayed flat or even declined slightly by 1% to 2%, as mortgage affordability constraints have kept demand in check.
Compared to ten years ago (January 2016), Chile housing prices have risen by approximately 40% in UF terms, a substantial increase driven by land and regulation constraints in well-connected areas. This decade-long surge reflects how housing became a preferred inflation-hedged asset for Chilean investors and families alike.
By the way, we've written a blog article detailing the latest updates on property price variations in Chile.
Finally, if you want to know whether now is a good time to buy a property there, you can check our pack covering everything there is to know about the housing market in Chile.
We did some research and made this infographic to help you quickly compare rental yields of the major cities in Chile versus those in neighboring countries. It provides a clear view of how this country positions itself as a real estate investment destination, which might interest you if you’re planning to invest there.
How do prices vary by housing type in Chile in 2026?
In Chile in 2026, apartments make up about 65% of the residential market, houses represent around 30%, and townhouses or condos account for the remaining 5%, reflecting heavy urban concentration and developer focus on apartment construction in major metros.
As of January 2026, the average apartment in Chile costs around 5,200 UF (208 million CLP, or 231,000 USD, or 212,000 EUR), while the average house costs about 7,200 UF (287 million CLP, or 319,000 USD, or 293,000 EUR). Townhouses in gated communities average around 8,500 UF (339 million CLP, or 377,000 USD, or 346,000 EUR), while small studio or investment units start at about 3,000 UF (120 million CLP, or 133,000 USD). Premium penthouses average around 14,000 UF (559 million CLP, or 621,000 USD), and luxury houses reach approximately 22,000 UF (878 million CLP, or 975,000 USD).
If you want to know more, you should read our dedicated analyses:
- How much do properties cost in Chile?
- How much should you pay for a house in Chile?
- How much should you pay for lands in Chile?
How do property prices compare between existing and new homes in Chile in 2026?
New-build properties in Chile in 2026 carry a premium of approximately 12% compared to similar existing homes in the same area.
This premium exists because developers face higher construction and financing costs, plus new builds often include embedded VAT (for habitual sellers as defined by SII regulations), turnkey delivery, warranties, and modern common areas that push the sticker price higher.
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How do property prices vary by neighborhood in Chile in 2026?
In Las Condes, you will find mostly apartments and some houses, with average prices ranging from 9,000 to 20,000 UF (360 million to 800 million CLP, or 400,000 to 887,000 USD, or 370,000 to 815,000 EUR) as of January 2026. This premium pricing reflects strong demand from families seeking top schools, reliable commutes, and established commercial infrastructure.
In Providencia, apartments dominate the market, with average prices ranging from 6,500 to 14,000 UF (260 million to 559 million CLP, or 288,000 to 621,000 USD, or 265,000 to 570,000 EUR) as of January 2026. This walkable neighborhood attracts both locals and expats who value its central location, restaurants, and metro access.
In Vitacura, you will find premium apartments and large houses, with average prices ranging from 14,000 to 30,000 UF (559 million to 1.2 billion CLP, or 621,000 to 1.33 million USD, or 570,000 to 1.22 million EUR) as of January 2026. Vitacura commands the highest prices in Chile due to its perceived safety, exclusive schools, and low-density environment.
You will find a much more detailed analysis by areas in our property pack about Chile. Meanwhile, here is a quick summary table we have made so you can understand how prices change across areas:
| Neighborhood | Profile | Avg Price Range (CLP / USD) | Avg per sqm (CLP / USD) | Avg per sqft (CLP / USD) |
|---|---|---|---|---|
| Vitacura | Luxury / Expat | 559M - 1,197M CLP / 621k - 1.33M USD | 4.59M - 5.19M CLP / 5,100 - 5,770 USD | 426k - 482k CLP / 474 - 536 USD |
| Las Condes | Commute / Expat | 359M - 798M CLP / 399k - 887k USD | 3.99M - 4.79M CLP / 4,430 - 5,320 USD | 371k - 445k CLP / 412 - 494 USD |
| Lo Barnechea | Family / Premium | 399M - 878M CLP / 443k - 975k USD | 3.79M - 4.59M CLP / 4,210 - 5,100 USD | 352k - 426k CLP / 391 - 474 USD |
| Providencia | Expat / Walkable | 259M - 559M CLP / 288k - 621k USD | 3.79M - 4.39M CLP / 4,210 - 4,880 USD | 352k - 408k CLP / 391 - 453 USD |
| Nunoa | Popular / Balanced | 200M - 419M CLP / 222k - 466k USD | 3.19M - 3.79M CLP / 3,540 - 4,210 USD | 296k - 352k CLP / 330 - 391 USD |
| La Reina | Family / Green | 239M - 499M CLP / 266k - 554k USD | 3.11M - 3.67M CLP / 3,460 - 4,080 USD | 289k - 341k CLP / 321 - 378 USD |
| Santiago Centro | Commute / Investor | 140M - 299M CLP / 155k - 333k USD | 2.79M - 3.59M CLP / 3,100 - 3,990 USD | 259k - 334k CLP / 288 - 371 USD |
| San Miguel | Commute / Value | 152M - 311M CLP / 168k - 346k USD | 2.71M - 3.27M CLP / 3,010 - 3,635 USD | 252k - 304k CLP / 280 - 338 USD |
| Macul | Value / Access | 152M - 303M CLP / 168k - 337k USD | 2.59M - 3.19M CLP / 2,880 - 3,540 USD | 241k - 296k CLP / 268 - 330 USD |
| La Florida | Family / Value | 180M - 339M CLP / 200k - 377k USD | 2.47M - 2.99M CLP / 2,745 - 3,325 USD | 230k - 278k CLP / 255 - 309 USD |
| Maipu | Family / Suburban | 168M - 311M CLP / 186k - 346k USD | 2.31M - 2.87M CLP / 2,570 - 3,190 USD | 215k - 267k CLP / 239 - 297 USD |
| Quilicura | Entry / Affordable | 120M - 247M CLP / 133k - 275k USD | 2.31M - 2.79M CLP / 2,570 - 3,100 USD | 215k - 259k CLP / 239 - 288 USD |
How much more do you pay for properties in Chile when you include renovation work, taxes, and fees?
When you include all closing costs in Chile in 2026, expect to add between 2% and 4% on top of the purchase price for fees and taxes, with an additional 0.4% to 0.8% if you take out a mortgage, plus renovation costs that can range from 3% to 15% depending on scope.
If you buy a property around 200,000 USD (180 million CLP) in Chile in 2026, you would pay approximately 6,000 to 8,000 USD (5.4 to 7.2 million CLP) in closing fees and taxes without a mortgage. With a mortgage, add roughly 800 to 1,600 USD (720,000 to 1.4 million CLP) in stamp tax, bringing your total to around 207,000 to 210,000 USD all-in before any renovation work.
For a property around 500,000 USD (450 million CLP) in Chile in 2026, closing fees and taxes would run approximately 15,000 to 20,000 USD (13.5 to 18 million CLP), plus 2,000 to 4,000 USD (1.8 to 3.6 million CLP) in stamp tax with a mortgage, meaning you would end up paying around 517,000 to 524,000 USD before renovation.
For a property around 1,000,000 USD (900 million CLP) in Chile in 2026, expect closing fees and taxes of approximately 30,000 to 40,000 USD (27 to 36 million CLP), plus 4,000 to 8,000 USD (3.6 to 7.2 million CLP) in stamp tax with financing, bringing your all-in purchase cost to around 1,034,000 to 1,048,000 USD before any renovation work.
By the way, we keep updated a blog article detailing the property taxes and fees to factor in the total buying cost in Chile.
Meanwhile, here is a detailed table of the additional expenses you may have to pay when buying a new property in Chile
| Expense | Category | Estimated Cost Range and Explanation |
|---|---|---|
| Notary and Deed Administration | Fees | Around 0.2% to 0.6% of the property price (360,000 to 1.08 million CLP or 400 to 1,200 USD on a 180 million CLP home). The exact cost varies by deed complexity and notary office, as regulated fee schedules allow for some variation. |
| Property Registry Inscription | Fees | Around 0.3% to 0.8% of the property price (540,000 to 1.44 million CLP or 600 to 1,600 USD on a 180 million CLP home). Registration is required to perfect your title, and costs depend on the region and specific transaction. |
| Legal Review and Due Diligence | Fees | Around 0.2% to 0.6% of the property price (360,000 to 1.08 million CLP or 400 to 1,200 USD on a 180 million CLP home). Most buyers hire a lawyer to review title history and urban compliance before closing. |
| Stamp Tax (Mortgage Only) | Taxes | Around 0.4% to 0.8% of the loan amount (720,000 to 1.44 million CLP or 800 to 1,600 USD on a 180 million CLP mortgage). This tax applies to credit documents and is typically capped as defined by SII regulations. |
| Light Renovation | Renovation | Around 2 to 10 million CLP (2,200 to 11,100 USD). This covers paint, new floors, and basic cosmetic fixes to refresh an existing property without major structural work. |
| Medium Renovation | Renovation | Around 10 to 35 million CLP (11,000 to 39,000 USD). This includes kitchen and bathroom updates, partial electrical work, and plumbing repairs to modernize an older home. |
| Heavy Renovation | Renovation | Around 35 to 80 million CLP or more (39,000 to 89,000 USD or more). This covers complete gut renovations, structural changes, and full replacement of major systems like electrical and plumbing. |
| VAT (New Builds from Habitual Sellers) | Taxes | Usually embedded in the developer's listed price rather than charged separately. VAT applies to sales by habitual sellers under SII rules, and buyers typically see this reflected in higher new-build prices rather than as a separate invoice item. |
We made this infographic to show you how property prices in Chile compare to other big cities across the region. It breaks down the average price per square meter in city centers, so you can see how cities stack up. It’s an easy way to spot where you might get the best value for your money. We hope you like it.
What properties can you buy in Chile in 2026 with different budgets?
With 100,000 USD (90 million CLP) in Chile in 2026, the market is quite thin in major metros, but you could find a small studio of 20 to 28 square meters in Estacion Central in an existing older building, an older one-bedroom of 28 to 35 square meters in outer Santiago with limited amenities, or a small unit of 30 to 45 square meters in a secondary city outside Santiago.
With 200,000 USD (180 million CLP) in Chile in 2026, you could buy a one to two bedroom apartment of 45 to 60 square meters in San Miguel in an existing building, a two-bedroom apartment of 55 to 70 square meters in Maipu in a family-oriented complex, or a small existing house of 90 to 120 square meters built area in outer La Florida that may need cosmetic updates.
With 300,000 USD (270 million CLP) in Chile in 2026, you could purchase a two-bedroom apartment of 60 to 80 square meters in Nunoa with good transit access in an existing building, a three-bedroom apartment of 80 to 100 square meters in La Reina in an older but well-located property, or a family house of 120 to 160 square meters built area in La Florida in mid-market neighborhoods.
With 500,000 USD (450 million CLP) in Chile in 2026, you could afford a two to three bedroom apartment of 90 to 120 square meters in Providencia in walkable areas in an existing building, a three-bedroom apartment of 100 to 140 square meters in Las Condes in non-prime pockets, or a townhouse of 140 to 200 square meters built area in Penalolen in a gated community.
With 1,000,000 USD (900 million CLP) in Chile in 2026, you could buy a luxury house of 200 to 300 square meters built area in Lo Barnechea in a family-oriented premium setting (existing or new), a large premium apartment of 160 to 220 square meters in Vitacura, or a high-end house of 180 to 260 square meters built area in Las Condes near the best school zones.
With 2,000,000 USD (1.8 billion CLP) in Chile in 2026, you enter the top-end market segment with options like a prime house of 350 to 500 square meters built area in Vitacura with a large lot near top schools, a new luxury house of 300 to 450 square meters in premium Lo Barnechea sectors, or an ultra-premium penthouse of 250 to 400 square meters in Vitacura or Las Condes with panoramic views and top amenities.
If you need a more detailed analysis, we have a blog article detailing what you can buy at different budget levels in Chile.
What sources have we used to write this blog article?
Whether it's in our blog articles or the market analyses included in our property pack about Chile, we always rely on the strongest methodology we can and we don't throw out numbers at random.
We also aim to be fully transparent, so below we've listed the authoritative sources we used, and explained how we used them and the methods behind our estimates.
| Source Name | Why It's Authoritative | How We Used It |
|---|---|---|
| Banco Central de Chile - IPV Index | This is Chile's central bank, and the IPV is built from actual recorded home transactions. | We used the IPV to anchor how prices changed over 1-year and 10-year periods. We also used its documentation to understand what the index covers, including new and used residential properties. |
| Banco Central de Chile - Daily Indicators (UF) | This is the official publisher of the UF, the inflation-indexed unit used for most Chilean home prices. | We converted UF-quoted home prices into CLP to calculate what buyers actually pay in pesos. We then converted CLP to USD and EUR using a single consistent exchange rate assumption for January 2026. |
| INE Chile - CPI Index | This is Chile's official statistics institute, and CPI is the country's official inflation measure. | We used CPI data to explain inflation context and provide inflation-corrected comparisons in CLP terms. We cross-checked our adjustments using INE's official CPI calculator. |
| INE Chile - CPI Calculator | This is the official government tool for calculating inflation adjustments between any two dates. | We used this calculator to verify our inflation-adjusted price comparisons. We cross-checked our CPI-based calculations to ensure accuracy. |
| Banco Central de Chile - Exchange Rates | This is the official source for Chile's reference exchange rates including the observed dollar rate. | We used the central bank's FX definitions to justify our CLP to USD and EUR conversions. We applied a single January 2026 assumption so all figures are internally consistent. |
| NielsenIQ-GfK via CNN Chile | NielsenIQ-GfK is a major research firm, and the article shows commune-level price data with clear attribution. | We used the UF per square meter levels by commune to build realistic neighborhood price ranges for Greater Santiago. We also used the decade change data as a cross-check alongside the central bank's index. |
| SII - VAT on Property Sales | This is Chile's tax authority, and this document explains when real estate sales are subject to VAT. | We used this to estimate the extra cost difference between new and existing homes. We also used it to explain why new-build pricing often feels higher beyond the sticker price. |
| SII - Stamp Tax on Credit Documents | This is an official SII page with the legal rate and cap for stamp tax stated explicitly. | We used this to estimate a realistic tax add-on when a purchase uses a mortgage. We included stamp tax as a line item in our closing cost table with the appropriate capped range. |
| Poder Judicial - Notary Fee Schedules | This is a government transparency portal listing official fee schedules for notaries and registries. | We used this to confirm that notary and registry fees exist and are regulated. We provided realistic ranges rather than a single number because the exact bill varies by deed complexity. |
| Banco Central de Chile - Financial Stability Report | This is the central bank's official assessment of financial system conditions including housing credit. | We referenced this report to understand how mortgage conditions affect buyer demand and negotiating power. We used it to explain why list-to-sale discounts exist in the current market. |
| Banco Central de Chile - IPV Methodology | This provides the technical documentation for how the housing price index is constructed. | We used this to understand the data sources behind the IPV, including SII transaction records and cadastre data. We referenced it to explain why the index is a reliable measure of price trends. |
| Servicio de Impuestos Internos (SII) | This is Chile's internal revenue service, the official authority on all tax matters. | We used SII as the primary source for understanding tax treatment of property transactions. We referenced their guidance for both VAT and stamp tax calculations. |
| Instituto Nacional de Estadisticas (INE) | This is Chile's official statistics agency responsible for all major economic indicators. | We used INE as the authoritative source for inflation data and CPI calculations. We relied on their published indices to make inflation-adjusted price comparisons. |
| Banco Central de Chile | This is Chile's central bank, responsible for monetary policy and official economic statistics. | We used the central bank as our primary source for UF values, exchange rates, and the housing price index. We relied on their published data to ensure all conversions are accurate and consistent. |
| Poder Judicial de Chile | This is Chile's judiciary, which oversees notary and registry fee regulations. | We used their transparency portal to verify that closing fees are regulated. We referenced their published schedules to establish realistic fee ranges for buyers. |
| CNN Chile | This is a major Chilean news outlet that publishes market research with clear data attribution. | We used their reporting on NielsenIQ-GfK data to access commune-level price information. We cross-referenced this with official sources to validate the price levels reported. |
| GfK (now NielsenIQ) | This is a major global market research company with established methodology for real estate data. | We relied on their commune-level dataset for Santiago apartment prices. We used their historical data to validate decade-long price trends in the Chilean market. |
| NielsenIQ | This is a leading global data analytics company that acquired GfK and maintains their research standards. | We used their published research on Chilean real estate prices by commune. We referenced their methodology as a credible source for market-level price data. |
| Conservador de Bienes Raices de Santiago | This is Santiago's property registry where all real estate transactions must be recorded. | We referenced the registry system to understand how property transfers are documented. We used this to explain why transaction-based indices like the IPV are reliable. |
| Ministerio de Vivienda y Urbanismo (MINVU) | This is Chile's housing ministry responsible for housing policy and urban development. | We referenced MINVU to understand the regulatory environment affecting housing supply. We used their data to contextualize developer activity and new construction trends. |
| Comision para el Mercado Financiero (CMF) | This is Chile's financial market regulator overseeing banks and mortgage lending. | We used CMF data to understand mortgage market conditions in Chile. We referenced their reports to explain how credit availability affects housing demand and pricing. |
| Portal Inmobiliario | This is Chile's largest real estate listings platform with extensive market coverage. | We used listing data from this portal to validate price ranges across neighborhoods. We cross-referenced asking prices with transaction-based data to estimate list-to-sale discounts. |
| TocToc | This is a major Chilean real estate platform that publishes market reports and price analyses. | We used their market reports to validate neighborhood price trends. We cross-referenced their data with official sources to ensure our estimates are grounded in current market conditions. |
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