Find out here what you must do to acquire a second property
Having income from renting your property on the coast can be very attractive. However, it is important to take advice in this area and get the most out of the property.
Buying a home on the coast is not only a convenient investment, it is also an excellent option when leasing it to obtain profits throughout the year. If you do not know the main aspects of this business, it is important to consult with experts who will indicate the topics to consider and the average values for the lease of the property.
Víctor Danús, General Manager Prourbe, recommends in these cases to contact a professional property broker, to help him in the management of his property. “In the summer months there are many virtual property brokers, who only deliver a cell phone number, but who do not have a physical address, where they can go and complain if necessary,” adds Danús.
Once you have the broker and the tenant, Prourbe’s expert indicates that “at the time of leasing, it is necessary to request at least 50% of the rent and a guarantee check against possible damage to the property. It is necessary to have a list of utensils and photographs of the current state of the home “, he emphasizes. Víctor Danús, also says that it is essential to know well who is going to lease the property, because if for example a small apartment will be occupied by a group of 10 people, obviously some damage may be.
Average values
For those people who are starting in this area, it is important that they know the values of average leases on the coast of our country. To do this, the general manager of Prourbe, gives us approximate daily prices thinking of an average apartment with two bedrooms with two bathrooms a few blocks from the beach or overlooking the sea:
• Central Algarrobo, between 35 and 60 pesos daily. • San Alfonso, between 90 and 150 thousand pesos • La Serena, between 80 and 120 thousand pesos. • Reñaca and Viña del Mar central, 40 and 70 thousand. • Concón, between 50 80 thousand. • Pucón, between 70 and 120 thousand. • Iquique, between 80 and 120 thousand.
Source: The third