Living in Balmaceda: Complete Guide
Home to Balmaceda regional airport (BBA), the main air access point to Aysen.
Properties for Sale in Balmaceda
Population
~1,500
Elevation
520m
Coordinates
-45.92, -71.70
Region
Aysen
Map of Balmaceda
-45.9167, -71.7000 · 520m elevation View larger map →
Living in Balmaceda
Annual Averages
Summer
18°
Winter
-2°
Rainfall
1200mm
Lifestyle
Trekking and hiking Sport fishing Nature tourism
Getting There
- Santiago: 3h 30m via Balmaceda
Infrastructure & Services
Health clinic
Primary school
Police station
Local shops
Investment Highlights
- Growing tourism interest in Patagonia
- Prices still accessible compared to other Chilean tourist areas
- Improving road and air connectivity in the region
Real Estate Market in Balmaceda
Houses
UF 3,200
Apartments
UF 2,400
Land
UF 1,800
Lots
UF 800
Farms & Ranches
UF 5,500
Cabins
UF 2,800
Commercial
UF 4,000
Lodges
UF 8,000
Average price per m² in Balmaceda: UF 28/m²
Frequently Asked Questions about Balmaceda
How much does a property cost in Balmaceda?
Prices for properties in Balmaceda typically range from UF 2,138 to UF 5,345, with an average around UF 3,563. Prices vary based on location, size, and condition. The UF (Unidad de Fomento) is Chile's inflation-adjusted currency unit, widely used in real estate transactions.
Is it a good time to buy properties in Balmaceda?
The real estate market in Balmaceda has shown steady growth of approximately 33% over the past five years. Patagonia continues to attract buyers seeking nature, quality of life, and investment potential. With improving infrastructure and growing tourism in the Aysen Region, current prices remain competitive compared to other popular Chilean destinations.
What are the requirements to buy property in Balmaceda?
Both Chilean citizens and foreigners can purchase property in Balmaceda. The process involves: (1) signing a promesa de compraventa (purchase agreement), (2) completing due diligence at the Conservador de Bienes Raices (property registry), (3) signing the escritura (deed) before a notary, and (4) registering the transfer. Financing is available through Chilean banks via credito hipotecario (mortgage) denominated in UF, typically at 3.5-5.5% annual rates with up to 80% financing.
What is it like to live in Balmaceda?
Balmaceda has summers reaching 18 C and winters dropping to -2 C, with approximately 1200mm of annual rainfall. Residents enjoy Trekking and hiking, Sport fishing, Nature tourism. Balmaceda offers Health clinic, Primary school, Police station, Local shops. The town is connected to Santiago via 3h 30m via Balmaceda.
What services and amenities are available in Balmaceda?
Balmaceda offers the following services: Health clinic, Primary school, Police station, Local shops. As the regional capital, Coyhaique has the most comprehensive services in the Aysen Region. The Aysen Region continues to improve its infrastructure with better road connections and expanded services.