Nueva Las Condes area is the newest family residential apartment zone, divided in three subareas; Los Militares, Rosario Norte and Noruega area, each with different charecteristics and where expats live:
Los Militares
Los Militares, or the zone near to Escuela Militar subway station, next to the Military School of Santiago and beside El Golf area, here we find the combination of houses transformed into stores or offices and 15 year-new buildings.
Feature Buildings
Type of properties that you will find:
- This zone, has old houses transformed into offices or stores and new apartment buldings of 1,2 ,3 bedrooms.
- Unfurnished units will be aproximatly 50% of the market and the rest will be furnished apartments.
- Buildings will have various amenities, pool, gym (basic gyms), barbecues, even you can find with squash courts, cinemas etc.
- 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).*See also property expenses
Prices: Los Militares is a Economic medium price rental area. (Unfurnished apartments consider 20 or 40% less than the following prices shown).
- 1 bedroom unit from $450.000 to $550.000 (USD 750 to USD 920 approximate prices).
- 2 bedrooms from $700.000 to $850.000 (USD 1.150 to USD 1.410 approximate prices).
- 3 bedrooms and more from CLP $900.000 to $1.200.000 (USD 1.500 to USD 2.000 approximate prices).
Feature Buildings
Rosario Norte and Parque Arauco Area
Rosario Norte and Parque Arauco area is a new apartment and office sight, developed only the last fifteen years. Located in the middle of a beautifcull park called Parque Araucano and just beside Presidente Riesco office area. Starts at Manquehue subway station combining housing biuldings and offices, boulevards and stores, passing through the park and finishing at Parque Arauco shopping mall.
Feature Buildings
Type of properties that you will find:
- This zone, is totally new, combining office buildings and apartment of 1,2 ,3 and 4 bedrooms.
- Mainly furnished apartments 90% of the market.
- Buildings will have various amenities, pool, gym (basic gyms), barbecues.
- 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).*See also property expenses
Prices: Rosario Norte is a Midhigh price rental area, and lowering near to the shopping mall of parque arauco. (Unfurnished apartments consider 20 or 40% less than the following prices shown).
- 1 bedroom unit from $500.000 to $600.000 (USD 830 to USD 1.000 approximate prices).
- 2 bedrooms from $800.000 to $900.000 (USD 1.300 to USD $1.500 approximate prices).
- 3 bedrooms from CLP $1.00.000 to $1.500.000 (USD 1.660 to USD 2.500 approximate prices).
- 4 bedrooms from CLP $1.300.000 to $1.800.000 (USD 2.150 to USD 3.000 approximate prices).
Noruega Area
Noruega area is also new zone but only for apartment buildings and with a damily concepto community. Located to the east and few blocks away from Manquehue subway station.
Feature Buildings
Noruega 6620
Ibsen 6445
Carlos XII 120
Type of properties that you will find:
- The apartments in this zone has spacious units of 1,2 ,3 and 4 bedrooms.
- Mainly unfurnished apartments 80% of the market.
- Buildings will have various amenities, pool, gym (basic gyms), barbecues.
- 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).*See also property expenses
Prices: Noruega is a Mid price rental area.
- 1 bedroom unit for furnished apartments $500.000 to $550.000 (USD 830 to USD 920 approximate prices).
- 2 bedrooms for furnished apartments $800.000 to $900.000 (USD 1.300 to USD $1.500 approximate prices).
- 3 bedrooms for furnished apartments from CLP $1.00.000 to $1.500.000 (USD 1.660 to USD 2.500 approximate prices).
- 3 bedrooms for Unfurnished apartments from CLP $850.000 to $1.350000 (USD 1.400 to USD 2.250 approximate prices).
- 4 bedrooms only unfurnished apartments from CLP $1.100.000 to $1.400.000 (USD 1.800 to USD 2.300 approximate prices).
Expenses of building maintenance’s and services associated to rentals.
Listed rental prices in Chile are in net value, meaning that over the listed price, you have to pay associated costs, including:
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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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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).