Las Condes is the newest family residential apartment zone, divided in five areas in which expats live: Militares, or the sites nearby the subway station Escuela Militar, next to the Military School of Santiago & beside El Golf area, here we find the combination of 15 year-old buildings with few newer flats. A second zone is Rosario Norte & Parque Araucano Park just beside the offices of this area. Parque Aruco Shopping Mall, mark a third zone with newer building of 1 or 2 bedrooms. A fourth zone, calle Noruega near to Manquehue subway station, we find big flats, more conservative because is a family neighborhood. And Lastly a new area called Lateral Kennedy & Hermanos Cabot, also big flats we can find but it is more retired from public transportation and subway metro stations.
Type of properties that you will find:
- Furnished apartments, primarily is what you´ll find in this area.
- Unfurnished apartments, is approximately 40% of the market.
Type of buildings
- Mainly new buildings with various amenities, pool is the standard, gym (basic gyms), barbecues, even you can find with squash courts, cinemas etc.
Type of rentals.*See also property expenses
Rentals in Chile are in net value, meaning that over these you have to pay building utilities, electricity, gas, water, internet, cable, telephone and heating bills. In this area you may get some times, depending on the owner; expenses included (although they will always restrict heating bills).
Prices;
Las Condes is a medium price rental area.
* 1 bedroom unit from $450.000 to $650.000 (USD 900 to USD 1.300 approximate prices).
* 2 bedrooms from $600.000 to $1.000.000 (USD 1.200 to USD 2.000 approximate prices).
* 3 bedrooms and more from CLP $900.000 to $1.800.000 (USD 1.800 to USD 3.600 approximate prices).
* Unfurnished apartments consider 20 or 40% less than the price for a fully furnished apartment.
Type of rentals
Listed rental prices in Chile are in net value, meaning that over the listed price, you have to pay associated costs, including:
-
Parque Arauco Shopping Mall Building administration fees (shared expenses): CLP $ 1.000 (USD 2.00) Per m2 or USD $ 20 per 100 square foot. This includes warm water.
- Gas: Is cheap for 75 m2 (800 ft2) apartments CLP 5.000 (USD $ 10) & for 145 square meter (1.550 ft2) apartments CLP 8.000 (USD $ 16)
- Electricity: CLP $ 350 (USD 0.70) Per m2 or USD $ 6.50 per ft2.
- Cold Water: also as gas, very cheap for 75 m2 (800 ft2) apartments CLP 5.000 (USD $ 10) & for 145 m2 (1.550 ft2) apartments CLP 8.000 (USD $ 16)
- Internet, Cable TV and telephone (Telecommunications): Fix Price of ClP $ 50.000 (USD $ 100). If you want to take out the telephone, discount CLP $ 10.000 (USD 20).
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Noruega Street Other Expenses – Maid: For Daily service, between CLP $ 12.000 to 18.000 (USD 24 to 36) per day (between four or six hours a day). And living at your house (law establish 8 hours of daily work, and once a week free day) between 240.000 to 320.000 (USD 480 to 640) plus social security 21% over the net value.
- Heating bills; CLP $ 500 (USD $ 1.00) per m2 or USD $ 10 per 100 ft2. Only during the cold months; June, July, August, September, and October. (5 Months).