Retail development offers retail spaces, which can be cyclical and involve multiple stages. Retail development which comes under the category of commercial real estate development can include new stores, shopping centers, or other retail spaces.
Retail development significantly contributes to the generation of tax revenue for the government. Through sales taxes, property taxes, and other levies, the retail sector becomes a reliable source of revenue for public services such as healthcare, education, and supports the overall infrastructure development market.
Why Buy or Invest in New Real Estate Developments in Chile.
Chile is one of the most stable economies in Latin America, with a well-developed infrastructure, low inflation, and a robust financial system. This economic stability helps ensure a more secure environment for real estate investments.
Chile has a steadily growing population, with an increasing middle class and urbanization. Cities like Santiago, Valparaíso, and Concepción are seeing a rise in demand for both residential and commercial properties, which can lead to solid returns on investment.
Chile’s stunning landscapes, from the Atacama Desert to Patagonia, are a big draw for tourists and residents alike. If you're looking for second homes, vacation properties, or opportunities in eco-tourism, these locations offer great potential for development.
