Edificio Riesco

Santiago, Chile

1 / 11

Price from

$252,000

US dollar amounts are shown for easier comparison. The developer's price is set in the listing currency.

$3,941 / m²

pricier than 60% of city projects

+4% vs the city median (Santiago), sample of 8 projects

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Data verified Aug 8, 2026price source: developer partner networkupdated 22 days ago

Properties

Condominium

Area

62 - 165 m²

Bedrooms

2 - 4

Readiness

Under construction

Available

3 of 3

Dry season

Dec, Jan, Feb

Is this expensive for the city

$3,941per m²pricier than 60% of city projects

Median $3,791
$2,533$4,745

+4% vs the city median (Santiago), sample of 8 projects

Rate as of 2026-08-30, city data updated 2026-08-30. Prices converted to US dollars at the quote-date rate. Source: Housebook catalogue.

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What it really costs

Payment plan

  1. Step 1

    On booking

    20%

    $50,400

  2. Step 2

    On transfer

    80%

    $201,600

Total100%$252,000

The developer may revise the payment schedule. Confirm the current terms before the deal.

ROI Calculator

$250$3,800

A 6% annual yield estimate. We do not have market rental rates for this city yet. Check the real rate with your agent.

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40%100%
0%20%
Monthly income

$936

Annual income

$11,228

Gross yield

5.9%

Net yield

4.5%

Value in 5 years

$337,233

5-year ROI

56%

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Calculations are estimates based on average market data. Actual returns may vary. This is not financial advice.

When is the season here

Driest months: Dec, Jan, Feb

Wettest months: Jun, Jul, May

Dry months per year: 5. A month counts as dry when its rainfall is below the annual median of monthly rainfall.

Rainfall, mm per monthTemperature, °C
Monthly climate normal: temperature and rainfall
MonthTemperature, °CRainfall, mm
Jan22.18
Feb21.28
Mar19.610
Apr16.112
May12.544
Jun9.263
Jul8.447
Aug9.740
Sep11.915
Oct14.612
Nov18.09
Dec20.57

Source: NASA POWER, climate normal (2001-2020). Grid node -33.4, -70.6. This is a multi-year normal, not a weather forecast.

About the project

Properties

Condominium

Status

Under construction

Total units

3

Available

3

Area

62 - 165 m²

Description

Almahue is building Edificio Riesco in Santiago, Chile, within the Santiago Metropolitan Region. The project is currently under construction and consists of a single building. The building holds 3 units in total, and all 3 remain available, so the full range of layouts is still open to buyers.

Unit sizes range from 61.6 to 164.93 square meters, with bedroom counts from 2 to 4, covering options from smaller two-bedroom layouts to larger four-bedroom units. Prices start at 252,000 USD and go up to 650,000 USD, with an average price per square meter of 4,091 USD.

Edificio Riesco is a condo project in the Chilean capital, built by Almahue. As an under-construction property, it offers buyers the option to select from the current unit range before completion.

Location

Santiago, Chile

Market context

Residential price growth

7.125%

House price growth

3.9%

Housing sales volume

277,000units

Gross rental yield

4.7%

Price per sqm

US$2,300-2,500

Santiago’s residential market shows modest price appreciation, with the residential price index up 7.1% year‑to‑date and house prices rising 3.9% in Q1 2026. Rental demand remains solid, reflected in a gross rental yield of about 4.7% and a rise in housing sales to 277,000 units in March 2026. Foreign investors continue to find the market attractive thanks to stable yields and price levels, supported by Chile’s macro‑economic stability.

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