Blog · Southern Chile Properties
Steps for Selling Land in Valdivia
In this article we’ll explain the steps you need to follow to sell land in Valdivia. This way, you’ll know how to proceed at every stage of the transaction and avoid unpleasant surprises, delays, and unnecessary expenses.
Steps for selling land in Valdivia
1. Verify the property’s documentation
The first step is making sure you have all the necessary documents in order, like property titles, construction plans, etc. Also, keep in mind that, to sell land in Valdivia, the owner is required to:
- Provide a map of the plot and its boundaries.
- Declare that it’s their property and isn’t subject to third-party claims.
- Agree on the sale terms with the municipality.
- Issue a property title, which will be granted within 6 months after signing an agreement with the seller.
- Other legal requirements.
So, make sure all the documentation is in order and there’s not even the smallest bureaucratic error before taking any step.
2. Research the market price
The second step to sell a piece of land is finding out the market price. Land value depends on location, accessibility, size, and the supply/demand of similar plots in the region.
Location
Location can be a very important factor in determining land prices in Chile. For example, if you’re looking to buy land in a certain area and have a million pesos to spend, you can get more for your money if that location is less desirable. The plot’s price can also change depending on the type of land it is and how accessible it is.
Accessibility
When it comes to selling land in Valdivia, property prices rise with their proximity to a main road, a rail line, or an airport. These factors make it easier for people to get around and access various services, which in turn increases demand for properties in that area.
Land price also rises with proximity to natural resources like water and forests, which are needed for industrial growth and development.
Size
The bigger a plot is, the more valuable it becomes. The reason behind this is that people are willing to pay more for land that offers them greater building and land-use opportunities, and are willing to spend more time and effort acquiring it. This means buyers are willing to invest more to acquire a large piece of land than they would be willing to invest in smaller areas, no matter how well located or accessible they are.
Supply/demand for plots in the region
Land price is determined by demand for it. The more people who want to live in an area, the higher the land price will be. This is why areas with higher population density tend to be more expensive than those with lower population density. On the other hand, high-demand locations will cost more than low-demand locations, without population density having much of an impact.
3. Look for a buyer
The third step is looking for a buyer. Some people advertise land for sale in Valdivia in newspapers or through social media. Others decide to sell their land at auction or through a real estate agent.
From our real estate agency in southern Chile, we recommend this last option. On our real estate website you can not only directly list land for sale in Valdivia, but also turn to the right real estate broker for the job.
Search our list of agents and get in touch with them, so they can help you sell your land in Valdivia in the shortest time and at the lowest possible cost. Remember that real estate brokers handle managing the sale process for their clients, as well as negotiating with potential buyers and sellers, all in an optimal, professional way.
If you enjoyed this article, share it on your favorite social media accounts or leave us a comment with your thoughts. If you have any questions about selling land in Valdivia or anywhere else in southern Chile, get in touch and we’ll be happy to respond.