Bosques de Montemar

A hillside high-rise sector flagged among Chile's top areas for projected five-year price growth.

Updated June 17, 202611 min read

About Bosques de Montemar

Bosques de Montemar is a modern hillside district of high-rise condominiums climbing above the Concón-Viña coastline, prized for sweeping Pacific views, newer construction and proximity to both cities. It has become the standout sector of the Concón market, repeatedly cited among the top areas in Chile for forward price growth as buyers chase ocean-view units at a discount to Viña del Mar. Apartments here trade around USD 2,400-2,800 per m2, with ocean-facing units at the top of the range. Gross yields sit near 4.0-4.5% on long lets, lifted by strong summer short-let demand. The sector's headline draw is capital growth: analysts project 30-50% cumulative UF appreciation over five years, supported by Metro Valparaíso extension benefits, making Bosques de Montemar the commune's primary growth play for view-focused investors.

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Location

Bosques de Montemar in Concón, Valparaíso Region, Chile

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