Itaca

Valparaiso, Chile

1 / 7

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

cheaper than 60% of city projects

-4% vs the city median (Valparaiso), sample of 16 projects

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Data verified Aug 8, 2026price source: developer partner networkupdated 2 mo. ago

Properties

Condominium

Area

197 - 224 m²

Bedrooms

4

Completion

Q4 2026

Readiness

Under construction

Dry season

Jan, Feb, Dec

Is this expensive for the city

$3,056per m²cheaper than 60% of city projects

Median $3,193
$2,018$5,213

-4% vs the city median (Valparaiso), sample of 16 projects

Rate as of 2026-10-12, city data updated 2026-10-12. Prices converted to US dollars at the quote-date rate. Source: Housebook catalogue.

The cost of this project

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What it really costs

Payment plan

  1. Step 1

    On booking

    15%

    $90,450

  2. Step 2

    On transfer

    85%

    $512,550

Total100%$603,000

The developer may revise the payment schedule. Confirm the current terms before the deal.

ROI Calculator

$600$9,050

A 6% annual yield estimate. We do not have market rental rates for this city yet. Check the real rate with your agent.

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40%100%
0%20%
Monthly income

$2,248

Annual income

$26,970

Gross yield

5.7%

Net yield

4.5%

Value in 5 years

$806,950

5-year ROI

56%

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Calculations are estimates based on average market data. Actual returns may vary. This is not financial advice.

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.

Rainfall, mm per monthTemperature, °C
Show monthly table
Monthly climate normal: temperature and rainfall
MonthTemperature, °CRainfall, mm
Jan20.42
Feb20.02
Mar18.84
Apr15.911
May13.555
Jun11.171
Jul10.258
Aug10.850
Sep12.115
Oct14.111
Nov16.86
Dec18.83

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

Completion

Q4 2026

Status

Under construction

Area

197 - 224 m²

Description

Vimac is building Itaca in Valparaiso, in the Valparaíso Region of Chile. The project is under construction, with completion set for November 2026. Units on offer have 4 bedrooms, with areas ranging from 197.3 to 224 square meters. Prices start at 603,000 USD and go up to 690,000 USD, with a price per square meter of 3,056 USD. The combination of four bedrooms and floor areas above 190 square meters points to layouts built for larger households or those who need extra room for living and storage. Vimac is the developer behind the construction.

This description was prepared with the help of artificial intelligence from developer data and public sources. Please check key figures and terms with our adviser.

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.

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