What is the typical land tenure?
What is the terminology of the purchase agreement?
What is the average cost?
10-30 UF per sq. m., depending on the standard
What is the agency fee and who pays?
Typical fee is 4% + VAT of the purchase price and normally shared between buyer and seller. Fees are divided as outlined above.
What is the typical LTV?
What is the average borrowing rate?
What is the mode of payment?
Usually monthly installments of amortization plus interest. Bullet structures also available.
What are the average transaction (closing) costs?
Acquisition costs = 1.5% of the purchase value, paid by buyer. Includes: notary cost, registration fees, lawyers and others.