2-bed serviced apartment for sale in Santiago — CLP 1,175,000,000

A

AlbaSnow

Real estate agent
Established
Offering a 2-bedroom serviced apartment in Santiago for CLP 1,175,000,000. The stated floor area is approximately 50 m², and the condition is average to good. Viewings are available by appointment.

Before arranging one, please post any questions here. Points still needing particular attention include verification of the floor area, building reserves, energy performance, service charges, title documents, included fixtures and whether parking is part of the sale.
 
The asking price works out at CLP 23,500,000 per stated square metre, so the exact location within Santiago matters a great deal. Which commune or neighbourhood is it in, and is the 50 m² figure internal usable space or a broader measurement? The current monthly service charge would also help people assess it.
 
I would want the floor area confirmed against the title documents and any approved plan, rather than relying on “approximately 50 m².” Is there a floor plan showing how the two bedrooms fit into that space? Also, does the sale include parking or storage?
 
What does “serviced” mean here? Is there an operator or management arrangement attached to the apartment, or does it simply refer to building services? That distinction could affect both ongoing charges and how freely an owner can occupy or let it.
 
I agree the management terms matter, but I would put the building finances first. An apartment can look acceptable during a viewing while still carrying high service charges or exposure to major works. Please provide the regular charge, what it covers, the reserve position and whether any additional building expenditure is being discussed.
 
Parking needs a clear answer too, not just because of convenience. At this asking price, buyers will want to know whether a space is included in the title, available separately, or not available at all. The same applies to furniture and appliances: which fixtures remain, given that this is described as a serviced apartment?
 
On energy performance, is there an existing assessment or simply information on the apartment’s heating, cooling and hot-water systems? If no formal rating is available, recent utility information and the orientation of the unit would still be useful. Those details can also reveal condition issues that “average to good” does not capture.
 
Before anyone relies on the listing description, the ownership and title position should be verified through the appropriate Chilean process. I would ask whether there are mortgages, liens, occupancy arrangements or unpaid building charges affecting the unit. The applicable documents and checks depend on the property and jurisdiction, so a buyer should have them examined independently.
 
Energy information is useful, but I would not let it distract from the unanswered basics raised above. Without the exact location, verified area and service-charge terms, it is difficult even to compare the asking price. A viewing may clarify condition, but it cannot settle the legal area or building liabilities.
 
For the appointment itself, I would check every room against the floor plan, photograph meter readings where permitted, test the supplied fixtures, and look for moisture, window-seal or ventilation problems. Also ask to see the parking space and storage area if either is said to be included. Any verbal answer should later be reconciled with the sale documents.
 
There are now several material questions outstanding: precise Santiago location, basis of the 50 m² measurement, current service charges and reserves, meaning of “serviced,” title position, fixtures, parking and energy information. Answers to those would determine whether arranging a viewing is worthwhile; condition alone is not enough to assess CLP 1,175,000,000.
 
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