Build wealth through smart investment in strategic real estate development opportunities in Chile

Featured: 326 hectares, for sale as a whole or in part

20 minutes from Valparaiso – 20 minutes from Viña del Mar

60 minutes from Santiago

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‘Garden City’ Master Plan — 326 Hectares on the Outskirts of Valparaiso & Viña del Mar — residential, leisure, commercial & harmless production zoning.

The “Los Peumos de Peñuelas” is a mixed-use land development, “live-work-play” project. Located in Valle Las Tablas, in the Region of Valparaiso, Chile. A salient characteristic is it neighbors the already consolidated city of Curauma, the Peñuelas Lake National Reserve Park and, forestry and agricultural farms. Its entrance is 1,100 meters away from the freeway.

The land encompasses an area of 325.6 hectares, (805 acres). Development of the raw farm land to a pre-construction aptitude has been underway since 2006. Building of the infrastructure of a master plan, for use of land for residences, equipment and harmless industry, that includes all the engineering specialties, approved by the authorities after the Government and urban authorities of Valparaiso expanded its development boundary in April 2015, is ongoing.

Low Risk and The Value of the Property Will Rise as Development Continues

Don’t miss this incredible opportunity! Property has been Approved for a master planned development. A Developers or Investors Dream… Mixed-use of Harmless Industry, Commercial, Retail, Multifamily, and Single Family Residential. Located in high growth area. Minutes from the port of Valparaiso and the city of Viña del Mar, and accessible to major highway. Property entails tranquility where families of all ages can enjoy farmland, breathtaking views and, irresistible lifestyle features within minutes of the Pacific Ocean and the big city amenities of Valparaiso and Viña del Mar. This property awaits a Developers vision with endless possibilities.

There is no other urban development project in the Greater Valparaiso Zone with feasibility, sewer services and connectivity such as this one. And certainly no other NOT needing a study of its environmental, road, heritage or urban impact and execution of mitigations, as is the case with this land development. Thus the cost of construction of new settlements within the lot is very competitive.

Investors and Developers have an Opportunity to Earn Wealth and a High Return on Their Investment

Valparaíso (/ˌvælpəˈraɪzoʊ/, Spanish: [balpaɾaˈiso]) is a major city, seaport, and educational center in the county or commune of Valparaíso, Chile. Greater Valparaíso is the second largest metropolitan area in the country and the most important tourist center of the country. Valparaíso is located about 120 km northwest of Santiago by road and is one of the South Pacific’s most important seaports. Valparaíso is the capital of Chile’s third most populated administrative region and has been the headquarters for the Chilean National Congress since 1990. Valparaíso is also home to no fewer than 7 universities. In 2003, the historic quarter of Valparaíso was declared a United Nations Educational, Scientific, and Cultural Organization (UNESCO) World Heritage Site. It also became then the cultural capital of Chile, after the Senate approved its appointment as the seat of cultural institutions.

56 Macro Lot Subdivision

The master plan layout  includes an area with 3,083,636 square meters divided into 56 macro lots, of at least 50,000 square meters each. Builders can undertake subdivision of the macro-lots for a range of different housing types, commercial equipment, or harmless industrial facilities. Additionally, there are 2 macro-lots planned for a bus transit terminal, cable car terminal and, wholesale agricultural market.

All in a green ‘ecological’ natural space rich in native forest species and with two natural waterbody areas where wharfs and restaurants and sport facilities can be built. For an enriched, healthier, more prosperous and safer living. Aimed at addressing both the region’s growing housing needs and, demand for harmless manufacturing, warehousing and/or distribution sites.

80 hectares out of the 326 have a relatively flat slope and are apt for harmless enterprise cost effective facilities, at a location preferred because of the short distance from the port of Valparaiso supply chain and from the city of Viña del Mar (20 minutes drive from both and 1 hour truck drive from the city of Santiago). Currently, such lots are scarce for there are no more available lots in the Curauma Industrial Park, located nearby, at a 3 minute drive (last industry lots of Curauma were sold at the equivalent of USD 203 / square meter, in July, 2017).

High competition in warehouse rents places Santiago and Valparaiso among the three areas in Latin America with less vacancy (read the report by clicking here). The area also has one of the lowest rental prices in Latin America, measured in square feet at an average of US $ 5.59. The rent in areas next to this project is above average.

Macro-Lots Utility Ready February 2018

LOTArea (m2)
    TOTALSERVITUDE  USABLE
A-1154.275,23945,5453.329,69
A-1250.520,401.978,8748.541,53
A-1356.628,055.715,9650.912,09
A-1450.831,991.047,5449.784,45
A-3851.836,997.121,7544.715,24
A-3950.433,873.940,5146.493,36
TOTALES314.526,5320.750,17293.776,36

City of Curauma at the Northern Border of the Project

The city of Curauma was designed as a city strategically planned from scratch exclusively by private initiative in accordance with a global urban plan. It emerged in 1993 in response to population growth, and the concentration of population that are experiencing the cities of Valparaiso, Viña del Mar, and also Santiago.

It is developed in a territory of 4,300 hectares, with large green areas and protected native forests and flora, located in the town of Placilla de Peñuelas, 15 km from Valparaiso and Viña del Mar. It already has a population of 45,000 inhabitants.and was projected to house 150,000 to 200,000 inhabitants, in 54,000 homes, so it has at least 15 more years to continue developing, as there are still about 3,000 hectares that have to be macro urbanized.

The city is located strategically around route 68, which connects it with the main urban centers of the central zone of the country where more than 50% of its population lives. It is sixty minutes away from Santiago and eighteen minutes from Valparaiso and Viña del Mar. It houses ample areas for harmless industry, public and private services, commerce, schools and the Campus Curauma of the Catholic University of Valparaiso, for which the institution acquired a lot of 17 hectares.

Its planning seeks to end the problems today present in the cities of Santiago, Viña del Mar, Valparaíso and others of the Great Valparaiso. It aims to be modern (with solutions to traffic, pollution, segregation, delinquency, etc.). And it seeks the integration of urban sectors on a large scale, thanks to the complex road system and urban layout the owners have developed there.

Curauma City has 18 residential neighborhoods – 14 with houses and 4 with apartments – more than 40 housing models where prices range from UF 880 to UF 5500. The average value is UF 3,300. In Curauma social housing has been developed since 1998, mainly by the Invica Foundation that to date has built more than 2,500. The builder BESALCO has built and sold other projects and has more ongoing.

Above Standard Infrastructure

The urbanization in progress includes environmentally minded, high standard underground electricity lines, high carrying roads and drainage collectors for flash rain falls. As well as safe urban streets and sidewalk design, and high standard sewer and potable water systems.

With above standard urbanization, and given its topography with better overall sunshine exposure and less shades than Curauma, it has a competitive advantage over developments in the neighboring cities of Curauma, Quilpue, Valparaiso, Viña del Mar, Concon and Villa Alemana, aiming at the middle class in the Great Valparaiso area with 1.3 million inhabitants and the Santiago Metropolitan area with more than 6 million inhabitants. Developers can earn a high return on their investment.

Each macro-lot is sold with the infrastructure ready (utility-ready) to start the micro-development. The estimated cost or market price of such micro-development infrastructure is currently UF 0.15 per m2 (US$ 12.18).

Urban Pole: Bus, Wholesale Agricultural Market & Cableway Terminals

Interurban & Urban Bus Terminal

A transit suburban station or bus terminal has been sought. It would be placed in the land development at the Eastern border next to the secondary entrance. Pre-feasibility studies and architectural drafts have been created and presented to the government and to municipal authorities in view of replacing the interurban bus stations of Valparaiso and Viña del Mar. They are now located inside the city and where the big buses have no space for maintenance or cleansing or parking.

Agricultural Terminal Market

An Agriculture wholesale market terminal has been sough inside the project. For location at the Eastern border, besides the old road from Santiago to Valparaiso, as it crosses the lot, and bordering with the National Forestry Park of Peñuelas. That part of the whole is not yet declared urban. The terminal would replace the Mercado Cardonal of Valparaiso located at the heart of downtown. The Mercado is now absolutely swamped / out of space. And the Feria Estero Marga Marga in Viña del Mar operates only when the river bed and estuary are dry, not flooded.

Cable Car Terminal

A 20-kilometer cable car feasibility study has been approved by the Valparaíso council. The initiative will allow to join the coastal edge of the Port with the locality of Curauma in 12 minutes, and with this project in less than 15 minutes (now it takes 30 minutes by bus). The cable car will function as part of an integrated transport system with the Merval Metro station located at the Baron Pier. It will be 22 kilometers long, with seven stations, and a capacity of transfer of one thousand people per hour. The cabins would be designed for about 12 people.

What is the UF, and what is it’s relationship with the peso?

Most nations have one unit-of-account, but Chile has two. While many Chilean prices are expressed in terms of the peso, a broad range of prices are expressed in an entirely different unit, the Unidad de Fomento, or UF. Real estate, rent, mortgages, car loans, long term gov securities, taxes, pension payments, and almost all assets are priced using  the UF. The UF is defined as the amount of currency units, or pesos, necessary for Chileans to buy a representative basket of consumer goods. More about the UF here.

In perspective: cost of living index in Santiago, the capital city of Chile, is 44.37% lower than in New York. While in Viña del Mar you would need around US$ 2,367 (1,530,000 CL$) to maintain the same standard of life that you can have with US$ in New York (assuming you rent in both cities).

The “Los Peumos de Peñuelas” land and development project is on sale as a whole or, in macro-lots of at least. 50,000 square meters with all the infrastructure ready for further division and building.

It is a good opportunity for US and other foreign investors. Chile, is one of the United States’ strongest partners in Latin America. The country has maintained a vibrant democracy and a strong economy for the last 26 years, including stable government, respect for the rule of law and, a focus on economic stability, education, environmental protection, human rights, and development.

Detail Engineering Projects Completed in 90% to 100% – +569 9988 4313

Master Plan – 56 Macro-Lot Subdivision – Residential & Harmless Industry

The land at the north boundary belongs to the city of Curauma. At the East boundary the land belongs to The Peñuelas Lake National Reserve. The main entrance of the property is at 1,100 meters (0.68 miles) from the cloverleaf exit of the Santiago Valparaiso freeway, which serves the project with a convenient access to the highway system.

Reserva Nacional Lago Peñuelas has a surface of about 22,471 acres. The reserve is located 18.6 miles from Valparaíso. The trip by Peñuelas Lake National Reserve is ideal for having a family picnic or to practice silverside fishing within a peaceful environment. Sailing and swimming are not allowed. Read more.

Below are links to very large images of the subdivision of the land. They may slowly open in your browser. Autocad images are available at your request, for download and to explore at your comfort. For those please send an email to: humberto.delpozo@remax-chile.cl

By the end of December 2017 five macro-lots will have all the infrastructure ready for micro-development. Lots A-12, A-13, A14, A–38 and A-39 with a total area of 260,251.30 square meters, including 19,804.63 square meters of servitude land. Early next year 7 more lots will also be ready: A-15, A-16, A-17, A-40, A-41, A-54, A-55. Each lot is at least 50,000 square meters.

PERMITIDED ZONING: ZEU 2 y ZEU 3: (Artículo Transitorio 3, letras b y c; PREMVAL)

Allows for residential, commercial, leisure facilities, harmless industry, transportation installation, drinking water and water sewage, public spaces, and green areas zoning. Not allowed: cemeteries, military bases, jails, dangerous industry. Requires that property use conform to the zone type.

Google Maps – International Airport to Los Peumos de Peñuelas

Infrastructure & Urban Engineering:

  • Earthwork Movement – Stage 1
  • Conformation of Rainwater Collectors – Stage 1
  • Electric Power Works
  • Public Lighting Works
  • Drinking Water Network
  • Sewerage system
  • Bridges over clearing rainwater paths
  • Bridges over the Estero Las Tablas and, riverside protection

Ownership rights

Mineral rights: Chancho 1 & 2 (covers all the land)

Water rights

The rights to water secured for the land, and water availability, can fulfill at least 120% of the needs of the maximum number of inhabitants and the industrial facilities projected for the urban settlement.

Surface water: 13.17 Lt/sec
Water Well: 72.76 Lt/sec

chile always surprising real estate investment

Our vision for “Los Peumos de Peñuelas” is to take the principles of the small garden city movement – sustainable community living, plenty of beautiful open spaces, self-contained yet well-connected – and create a place where current and future generations will be proud to live, work and play.

In the farm there are areas of sustainable native flora protected by the legislation that give rise to sustainable gardens, because the maintenance action is minimized; are more attractive because they allow the presence of small animals, which with surprises and movements make the garden a dynamic space, more intense in diversity of the vegetation and organized in ways more organic and closer to wilderness.

Of course, there are birds and butterflies (some very pretty). These last ones damage many plants in their caterpillar stage, but they offer the zoological attractiveness of varied animal presence, where many birds come to feed on them also and contribute to increase the sensitivity of the inhabitants to an esthetic pattern of gardens that are more attractive than the boring costly lawns, traditional plants and flowers.

Offers

Prospective purchasers are invited to put forward offers for either the whole property or macro-lots for the residential, commercial and/or industrial development. The sole owner will actively consider a sale of the whole property to a single purchaser or splitting the sale into separate transactions.

You may wish to download a report with the same information as here in .pdf format with a click here

Viña del Mar & Valparaiso

Click for Video Gallery

Visit and explore Chile’s dizzyingly beautiful landscapes, diverse wildlife and vibrant cities: www.gochile.cl/en/. Chile has a wealth of beautiful landscapes beyond the iconic regions of Patagonia and Atacama. Take a look here too:  https://www.roughguides.com/ and: why-chile-is-the-most-beautiful-country-in-the-world/ and this: the-beautiful-and-diverse-landscape-of-chile-in-photos

Viña del Mar is a lively city on the coast of Chile, vibrant and full of opportunities: with its famous Festival de la Cancion, its many museums and art galleries, it appeals more and more tourists and expat. Read up on what you need to know about life in Viña del Mar, from education to transportation and more.

Home to plenty of resorts, nightlife, shopping, and thriving neighborhoods, this coastal city provides a microcosm of the very best that Chile has to offer. Better yet, the city’s tourism credentials mean there is always an influx of newcomers to ensure it retains its buzzing atmosphere.

Known as the “Paradise Valley”, Valparaiso is Chile’s second largest city. With modern and mysterious landscapes, it offers a pleasant living environment within its picturesque bay contrasting with impressive hills, and its maze of streets and alleys. See one of Pablo Neruda’s house’s in Valparaiso.

Estero Marga Marga Estuary in Viña del Mar

Lago Peñuelas, de Valparaíso

Permanent Transit Chaos in “Mercado Cardonal”, Valparaíso
See the beauty of Valparaiso

Anyone that likes their markets simply has to pay Mercado Cardinal a visit. Its bold yellow and green façade stands out from all buildings that surround it, and it can be found at the east end of La Plan, also known as Almendral.

Built in 1912, the two-level market was shipped from Germany as prefabricated parts, and it’s been one of the city’s premier daily markets ever since.

The top floor is dedicated to small local eateries that all vie for your business. The ground floor is predominantly fruit and vegetables where there’s virtually no room to move. People yell, scream, push and shove, it’s chaotic, it’s a mess, numerous cats sit on crates of produce, and the best part – it’s really cheap.

Investing in Chile

Chilean economic policies, which are founded on the principle of capital transparency and non-discrimination against foreign investors, comprise one of the country’s strengths. Investors are also attracted by the richness of Chile’s natural resources, the stability of its macro-economic system, its growth potential, its juridical security, its low level of risk and the high quality of its infrastructure. The country ranks 57th out of 190 countries in the 2017 Doing Business report issued by the World Bank.

Chile ranks fifth among the countries that are the most open to imports and foreign investment in the world. Brazil is the largest investor in the country followed by the United States, which have invested tremendously in Chile over the last three years.

The flows of foreign direct investment (FDI) in Chile, which peaked in 2012 (USD 27 billion), have now returned to pre-2012 levels. In 2016, FDI flows reached USD 11.3 billion (as opposed to USD 15.9 billion in 2015). Chile is the third most attractive country in South America in terms of FDI, after Brazil and Colombia. (World Investment Report 2017, UNCTAD)

 

Chile’s macro-economic stability, growth perspective and low level of risk are among the most promising points of the economy. The country is also the top Latin-American importer per capita, enjoys excellent solvency and has major economic players with the highest purchasing power in South America.

Chilean labour laws tend to be favourable towards business, mainly due to the flexibility of working hours and uncomplicated procedures for the dismissal of employees.

The country’s increase in economic power at the regional level and its open trade serves to counteract the restricted size of the Chilean market. Foreign companies can also benefit from privileged access to regional markets through different free trade agreements.

Chile’s foreign investment policy is based on simplicity, transparency and non-discrimination towards foreign investors.

 

20 Minute Drive from Valparaiso – 20 Minute Drive From Viña del Mar

F-718, Valparaíso, Región de Valparaíso, Chile Latitude: -33.16502 | Longitude: -71.550769 – Altitude: 352 meters

60 Minute drive from Santiago

Pointer in Google Maps on new bridge recently built over the Estero las Tablas

For more information about this project sold exclusively by Humberto del Pozo, as a Broker / Agent / Executive Director at REMAX BRIO, please contact:

Humberto del Pozo, MSc – Real Estate Consultant

RE/MAX BRIO – CHILE (569) 9988 4313

Los Acantos 1110 – 111, Vitacura, Santiago – (562) 2504 9431

contact@rechile.com

Also available for consultation on residential or commercial properties for expatriates and business people living in Chile for a while. A little about me: I hold a Master’s degree in Economic Sciences from the Catholic University of Leuven, Belgium. Graduated at Saint John’s College High School in Virginia, USA. As an economist I worked with the Central Bank of Chile, Codelco, and as a top level manager in several financial institutions in Chile. For 9 years CFO of a company managing real estate investment funds where the AFP’s of Chile invest part of the pension funds. As an entrepreneur I have owned and managed a company in Chile producing and exporting natural textile fibers and; for 18 years a company in the beauty industry niche, in Carson City, Nevada.

Professional International Marketing and Brokerage
REMAX has strengths in advanced selling and marketing techniques second to none in the industry. One without the other is ineffective. If you believe your property is special and deserves a premium price and the buyer may come from outside your location, contact us now as to how we can help you to turn the spotlight on it. We use the most leading edge technology in video and email, plus international alliances to reach qualified buyers for our vendors.

 

New Project: Great condominium with 66 lots of aprox. 5,000 square meters each (26 lots already sold, 40 available), located on the shore of Lago Rapel (Lake Rapel). Excellent level water even when the lake is at lowest point.

Located at 140 kms. from Santiago, in the O’Higgins Region, the Rapel lake is a must visit all year long. This artificial water reservoir, not only abounds with graceful landscapes composed of rivers and forests, where you can practice trekking, but also has become the ideal setting for lovers of water sports.

Thanks to its landscape, its 40 km. long, and its more than 130 km. of shore, the Lake Rapel has become a tourist point surrounded by spas and summer houses. In 2013, the lake shore was declared a “Zone of Tourist Interest”, a category that implies that sustainable tourism is the main characteristic of the area, promoting investments, road improvements and caring for the environment.