The high rates of return for residential real estate in Chile, said Global Property Guide
Santiago and Concepcion are attractive to investors, residential real estate, Vina Del Mar all the less said is the Global Property Guide are surprising differences between the yields for residential properties in major cities of Chile. The Global Property Guide (http://www. Global Property Guide. Com), the research base for residential property, today released the results of research in rents in major cities of Chile. It was found that: • apartments in the best neighborhoods of Santiago have an excellent rental yield of 8 16%. • Apartments in the city of Viña del Mar yield half as much, on average gross rental yield of about 4 only 31%. The rental yield is the annual rental income on a property, expressed as a percentage of the purchase price of goods today. That is what the landlord can expect as return on his investment. The rental yield is a useful property that the scale is under-or over-the high yields on apartments in prime areas Santiago – Las Condes, Providencia and Vitacura – value suggests that these areas of Santiago good investment in residential property . Apartments in prime areas of Santiago, the average cost of U.S. $ 98,520, but for an apartment of 60 square meters on the Global Property Guide research, compared to 87,480 U.S. dollars for goods of the same size in Viña del Mar , 120 square meter apartments are more expensive in Viña del Mar, as in Santiago. The result? Looking at the different sizes, prices in the two cities more or less the same, on average. Although the houses in Santiago and Viña del Mar will cost about the same, per square meter, but Santiago Apartments to produce twice as good rental income – ie, the rent of the same size apartment in Santiago are almost twice as high. This means that Santiago is much more attractive than residential investment. have, in the south of Concepcion, 120 square foot apartments have an excellent gross rental yield of 9 04% – also an excellent level of rental yields, which Concepcion a very attractive investment. Why look at rental yields? can not ignore certain investors in residential real estate rental income, and more with capital gains. But they would do well to look at rental yields. The rental yield or price / rent ratio is similar to price / earnings in the stock market. As in the stock market, property investment with high rental yields tend to be more efficient and high-income investment in the long term. # # # A full set of reports – http://www. Global Property Guide. com / Latin America / Chile / rental yield Description: The Global Property Guide is a home of online searches. Terms of use: online newspapers, magazines, websites, etc. to use material from this press release should be a clickable link to www. Global Property Guide. com. Websites and newspapers that will not be a link will be removed from our press list for us. Publisher and Strategist: Matthew Montagu-PollockPhone: (632) 867 4220 Cell: (+63) 917 321 7073 Email: editor @ Global Property Guide. comAddress: Global Property Guidehttp: / / www. Global Property Guide. Com 5F Electra House Building115-117 Esteban StreetLegaspi Village, Makati City, Philip pines 1229info @ Global Property Guide. com