Can foreigners buy property in Chile?

Yes, absolutely. You only need a RUT (Tax ID) number, which you can get even as a tourist through a representative.

What is UF in Chile Real Estate?

The Unidad de Fomento (UF) is an inflation-adjusted unit of account. Homes are priced in UF, meaning their value in Pesos rises daily with inflation.

Is it better to rent or buy in Las Condes?

With mortgage rates currently high (UF + 5-6%), renting is often cheaper monthly. However, buying offers a powerful hedge against long-term inflation.

Stable Economy

Santiago: The 'UF' Money Printer or Mortgage Trap?

Property prices here rise daily with inflation. But with rates at UF + 5%, is your wealth better off in a Las Condes apartment or a USD Deposit?

UF Adjusted Verified 2025