Thursday

SOLD: Stunning, Fully Renovated and Unique Property On Cerro Concepcion, Valparaiso, Chile


SOLD

This spectacular house is one of the most incredible in all of Valparaiso, a city famous for its fascinating architecture.

Built in the shape of a ship in the late 1800s, it is one of just two “Casas Crucero” in the heart of the UNESCO World Heritage Site of Cerro Concepcion and Alegre, Valparaiso-the city’s safest and coolest area, surrounded by boutique hotels, fantastic restaurants and shops and galleries.

The original house had become badly damaged after decades of neglect. During 2007, we literally rebuilt the entire property, replacing and reinforcing 100% of the load bearing and perimeter structure from the foundations up.

The house is, to all intents and purposes, brand new. The only original materials are the Douglas Fir floorboards and doors. Everything else was replaced with new materials, including antique style cornices, moldings and bathroom and kitchen tiles-all in keeping with the style of the original house.

The property consists of three floors of 105m2.

  • The ground floor is an independent apartment with 2 bedrooms, large kitchen, one bathroom, large ‘corridor’ (which is more than wide enough to use as an office) and a large living/dining room leading to a private terrace with a partial sea view. The apartment has all new wiring and plumbing and central radiator heating with new boiler.
  • The first and second floors are one property and consist of a huge dining room, huge living room, private office, full bathroom with antique claw foot tub and a distribution hallway.
  • The second, top, floor consists of three large bedrooms (master bedroom with en-suite), mini-living room (with exposed original oak structure) and a huge kitchen.

Throughout the house you will find:

  • Double glazed windows
  • Central radiator heating
  • Two wood-burning stoves (top 2 floors only)
  • Sanded and varnished (5 coats) original Douglas Fir floorboards
  • Antique style cornices and moldings
  • Antique style bathroom and kitchen tiles
  • Original floorboards, stripped and varnished
  • 10-12 feet high ceilings
  • Absolutely spectacular and unique views of the Pacific Ocean, the Andes (as far as Aconcagua on clear days) and the gardens on Valparaiso’s most beautiful street, Lautaro Rosas
  • New wiring
  • New plumbing
  • Hidden cabling
  • Cable TV, phone and internet
  • Security system

The ground floor apartment is rented out at 270,000 pesos. The upper two floors could be rented for between 750,000 and 1 million pesos. It would also be possible to divide the two upper floors into a shop, office or gallery and another independent apartment of 105m2, generating more rental income.

There is simply no other house in Valparaiso with the same incredible views and characteristics as this. No other property has been renovated to such a high and exacting standard. Properties with no views and in appalling condition are on the market for similar prices.

The property is free of taxes due to its location in the UNESCO World Heritage Site.

For more information about the huge renovation job, please take a look at my personal blog: http://www.corrugatedcity.com/search/label/renovations

SOLD


Please contact:

Matt Ridgway
mfr@chileinvestments.com
UK: +44(0)20 8133 7165
USA: +1 415 230 0466
Chile: +56 (2) 897 9086
Mobile: +56 (9) 8453 8460
SKYPE: chileinvestments

I work with foreign investors and I am more than happy to explain the process of purchasing property in Chile. I can assist with sending funds into the country legally and for free. I can suggest local lawyers but I would also recommend that you find your own lawyer to avoid any potential conflicts of interest.