las condes CHILE

from Sarah Heck | Luxury Living, May 2023

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Grab a glass of carmenere and fire up the grill to make yourself “asado,” because this month we are visiting Coldwell Banker Nueva Las Condes, located in the bustling capital city of Santiago de Chile.

Also serving as the headquarters for the Coldwell Banker Chile network, celebrating its official launch this month, the office is already home to dozens of agents setting the Coldwell Banker standard of excellence for all of Chile. “I come from a family where real estate was their primary focus, and even though I am an engineer, I always knew I would come back to the family business,” notes Managing Partner Pablo Benchoa. He continues, “having the opportunity of building a worldwide brand in Chile was a challenge that motivated me to join the Coldwell Banker brand worldwide. We see great opportunity in Chile and hopefully soon we will be #1 in the market.”

With a third of the country’s population residing in the capital, there is endless amounts to see and do, but we also recommend you venture through the whole country, visiting the lakes in Patagonia to the South, the beaches of the

Pacific Ocean to the West, or the Andes Mountains flanking the country’s border to the East. Additionally, the country is the sixth largest producer of wine in the world. Santiago itself is located so that you can surf in the Pacific Ocean easily one day and finding yourself skiing in the Andes the next. Beautiful parks and historical sites are present throughout Santiago, including the home of Nobel prize winner, poet Pablo Neruda. With so much to see and do, it’s no wonder Santiago is a major South American destination for travelers and investors alike.

“Chile has been called ‘the Switzerland of Latin America’, both because of its beauty but also because it is a very stable market and with great projections for the future,” shares Managing Partner Javier Macchi, “it is a great destination for business and leisure, and with low credit rates and plenty of opportunities, it is definitely a choice to invest in real estate worldwide.”

Territory Summary: country is subdivided in 13 Population is 16.3M people, The government system is a The total land area if 749 desert in north; Mediterranean in 1974 economic reforms, with having the strongest market made up of 7 million people the agricultural sector, mainly accounts for 6% of the GDP. 50% of GDP and employs 23% processed food (fish, wine), services sector accounts for 45% the labor force, with a large https://blog.coldwellbanker.com/coldwell-banker-around-the-world-march-2023/

Santiago is the capital city; the country administrative divisions called ‘regiones’. having 6.4M in the metropolitan area. The republic, and the language is Spanish. sq. km. and climate is temperate: desert central region; cool and damp in south.

Current economic model based in the 1974 great success in the 1990s and 2000s, having structure in Latin America. Labor force is of which nearly 14% is accounted to the food (fish, fruits) and timber, which accounts Industrial sector accounts for almost 50% of the labor force.

Main industries are minerals (copper), processed wood products, and textiles. The services of the national GDP and about 63% of % associated to the tourism industry.

Key Facts

POPULATION: 16.3 million

LANGUAGE(S) SPOKEN: Spanish

CLIMATE: desert in north; Mediterranean in central region; cool and damp in south.

CURRENCY: Peso Chileno (CLP)

Industry Facts

TYPES OF ARCHITECTURE: There are a lot of different architectural styles, the most recognizable is the Chilean house: usually a residence in the outskirts of the city, painted in white or other light colors with a roof of red tiles.