Moving Guide

Santiago and Concepcion are attractive for residential property investors, Via±a del Mar least, says Global Property Guide

There are surprising differences between the yields on residential property in major cities of Chile. The Global Property Guide ( http://www.globalpropertyguide.com ), the research site for residential real estate, today released the results of research to rent in large cities of Chile. He revealed that:
aec Apartments in areas of Saint-Jacques Premier excellent average rental yields of 8.16%.
aec Apartments in the city of Via±a del Mar yield half as much, on average, with gross rental yields of the order of 4.31% only.

The rental yield is the annual rental income on a property, as a percentage of the price of the property purchase today. That is what the landlord can expect in return for its investment. The rental yield is a useful yardstick of whether a property is overvalued or undervalued

The high yields on apartments in prime areas Santiago - Las Condes, Providencia and Vitacura - Santiago suggest that these areas make good investments in residential property.
Apartments in prime areas of Santiago cost on average U.S. $ 98,520 for an apartment of 60 square meters, according to a study by Global Property Guide, against U.S. $ 87,480 for the same size property in Via±a del Mar. However, 120 square meter apartments are more expensive in Via±a del Mar in Santiago.

The result? Looking through the various sizes, prices in both cities are more or less the same, on average.

Although apartments in Santiago and Via±a del Mar is approximately the same, per square meter, but the apartments Santiago produce twice as good rental income - ie, the rents of the same size apartment in Santiago are almost twice high. This means that Santiago is much more attractive as residential investment.

In the south of Concepcion, 120 apartments have excellent rental yields per square meter of 9.04% gross - also an excellent level of rental yields, which Concepcion a very attractive investment.

Why Consider rental yields? Some investors in residential real estate rental income can ignore, more concerned with capital gains.

Yet even they would do well to consider rental yields. The rental yield, or price rent / is similar to the price / earnings ratio in the stock market. As in the stock market, real estate investments with high rental yields provide better performance and higher capital gains in the long term.

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Detailed Report - http://www.globalpropertyguide.com/Latin-America/Chile/Rental-Yields

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