Valparaiso, Chile
Price from
$603,000
US dollar amounts are shown for easier comparison. The developer's price is set in the listing currency.
$3,056 / m²
-4% vs the city median (Valparaiso), sample of 16 projects
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Data verified Aug 8, 2026price source: developer partner networkupdated 22 days ago
Properties
Condominium
Area
197 - 224 m²
Bedrooms
4
Readiness
Under construction
Available
2 of 2
Dry season
Jan, Feb, Dec
Properties
Condominium
Area
197 - 224 m²
Bedrooms
4
Readiness
Under construction
Is this expensive for the city
$3,056per m²cheaper than 60% of city projects
-4% vs the city median (Valparaiso), sample of 16 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
Step 1
On booking
15%$90,450
Step 2
On transfer
85%$512,550
The developer may revise the payment schedule. Confirm the current terms before the deal.
ROI Calculator
A 6% annual yield estimate. We do not have market rental rates for this city yet. Check the real rate with your agent.
Ask agent about rental ratesTelegram$2,248
$26,970
5.7%
4.5%
$806,950
56%
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When is the season here
Driest months: Jan, Feb, Dec
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.
| Month | Temperature, °C | Rainfall, mm |
|---|---|---|
| Jan | 20.4 | 2 |
| Feb | 20.0 | 2 |
| Mar | 18.8 | 4 |
| Apr | 15.9 | 11 |
| May | 13.5 | 55 |
| Jun | 11.1 | 71 |
| Jul | 10.2 | 58 |
| Aug | 10.8 | 50 |
| Sep | 12.1 | 15 |
| Oct | 14.1 | 11 |
| Nov | 16.8 | 6 |
| Dec | 18.8 | 3 |
Source: NASA POWER, climate normal (2001-2020). Grid node -33.0, -71.5. This is a multi-year normal, not a weather forecast.
About the project
Properties
Condominium
Status
Under construction
Total units
2
Available
2
Area
197 - 224 m²
Properties
Condominium
Status
Under construction
Total units
2
Available
2
Area
197 - 224 m²
Description
Vimac is building a single block in Valparaiso, Chile, under the name Itaca, and the entire project comes down to two 4-bedroom units. Both are still available, and construction is underway.
Unit sizes run from 197.3 to 224 square meters. Prices start at 603,000 USD and go up to 690,000 USD, with an average price per square meter of 3,056 USD. Each of the two units has 4 bedrooms, so the layouts are sized for family living rather than a single occupant.
With only one building and two units total, the project offers a narrow but complete choice: buyers can compare both floor plans directly rather than sorting through a large inventory of repeated layouts. Itaca sits in the Valparaíso Region.
Location
Valparaiso, Chile
Market context
Median apartment price
CLP2,141,829/m²
+225% since 2020
Median house price
CLP2,005,351/m²
+225% since 2020
Rental yield (Valparaiso)
3.5-4.4%
Valparaiso market size
USD2.6 billion
+225% since 2020
Chile annual housing price growth
12.7%
In 2025 Valparaiso’s residential market shows high price levels, with median apartment prices at CLP2.14 million per square metre and houses at CLP2.01 million per square metre, reflecting continued appreciation since 2020. Rental yields remain modest at 3.5-4.4%, indicating steady but limited rental demand. The city is attracting increasing interest from foreign investors, supported by its coastal appeal and a projected market size of USD 2.6 billion, up from USD 0.8 billion in 2020.
Sources (6) · updated 21/08/2026
- Is it worth it buying property in Valparaiso? (Sept 2025) - TheLatinvestor
- Exploring Latin America's Real Estate Markets: Chile - Adventures in CRE
- Will house prices go down in Chile? (Sept 2025) - TheLatinvestor
- How's the housing market in Chile now? (Sept 2025) - TheLatinvestor
- 6 strong forecasts for real estate in Valparaiso in 2025 - TheLatinvestor
- 18 strong trends for 2025 in the Chile property market - TheLatinvestor
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