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Viña del Mar, Chile’s coastal gem, offers a Mediterranean climate, resort lifestyle, and growing real estate potential—ideal for long-term property investors.
Viña del Mar is located 130 kilometers to the east of Santiago on the coast, in the region of Valparíso. It is known internationally for its resorts, hotels, and shopping centres.
The name Viña del Mar means “vineyard by the sea” in English, giving you a great idea about what the city has to offer.
Population is under 295,000 and it is the fourth largest city in Chile.
Home to a Mediterranean climate, you will find warm-summer temperatures and a pleasing climate.
Temperatures rarely go above the mid-80s and dip down into the low 60s during the summer nights. Winters find the city’s temperature between 41°F and 63°F.
Reviewed By Kathleen Peddicord
Kathleen is the Live and Invest Overseas Founding Publisher. She has more than 30 years of hands-on experience traveling, living, and buying property around the world.
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Unfortunately, Valparaíso was the region in Chile hit hardest by the global recession.
As a result, property values dropped significantly from their former high, where renovations of older buildings proved impressively profitable.
With that said, in recent years Viña del Mar has shown significant signs of improvement and property values have increased.
Anyone interested in investing in property restoration or renovation and are willing to wait for a great return in the long run, Viña del Mar should absolutely be considered as a place of great investment potential.
Check the currency conversion at today’s exchange rate.
Reviewed By Kathleen Peddicord
Kathleen is the Live and Invest Overseas Founding Publisher. She has more than 30 years of hands-on experience traveling, living, and buying property around the world.
Start Your New Overseas Life Today
We Value Your Privacy! We will not share your email address with anyone else, period.
Viña del Mar is a very modern tourist city in Chile. It has many activities to enjoy, including beaches, countryside, and various attractions like great wineries located within 60 kilometers.
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