Propiedades Patagonia

Property Market Report
Aysen Region

March 2026

688 active properties across 17 towns. Data as of March 25, 2026.

1 UF = $39,842 CLP | 1 USD = $914 CLP

Executive Summary

The Aysen Region currently has 688 active properties on the market, spread across 16 towns along the Carretera Austral. 94% are for sale and the rest for rent. The towns with the most listings are Coyhaique (329), Puerto Aysen (110), Cerro Castillo (65). Over the past 30 days, 339 new listings appeared, indicating a market that is stable.

  • The regional median asking price is UF 1,999 (~USD $87,129), making Aysen one of the most accessible markets in southern Chile.
  • carretera-austral leads in pricing with a median of UF 17,125 (~USD $746,493), 17125.0x higher than Chile Chico (UF 0).
  • 40.6% of all sale listings are priced below UF 1,500 (~USD $13,674), concentrated in Coyhaique, Puerto Aysen, Cerro Castillo.
  • The rental market offers 42 properties with a median monthly rent of USD $872.

Economic Indicators

Official sources. Data as of 2026-03-26.

Monetary Policy Rate

4.5%

Banco Central de Chile via mindicador.cl

UF Value

$39,842

mindicador.cl

Exchange Rate CLP/USD

$914

mindicador.cl

Inflation (CPI)

-0.2%

mindicador.cl

Aysen Region Population

107,297

INE Censo 2017 + proyeccion 2025

Aysen Unemployment

3.8%

INE Encuesta Nacional de Empleo

Annual Tourists Aysen

285,000

SERNATUR Aysen

Market Snapshot

688

Active listings

646 / 42

For sale / For rent

339

New (last 30 days)

By Property Type

Sale vs Rent

By Location (top 10)

Coyhaique leads in listing volume. Browse properties in Coyhaique.

Prices by Location

Price analysis covers 646 properties for sale. The regional median sits at UF 1,999 (~USD $87,129). carretera-austral commands the highest prices with a median of UF 17,125, driven by tourism appeal and limited supply. The premium segment (>UF 5,000) accounts for 29.6% of the market and includes farms, lodges, and lakefront or riverfront properties.

Explore the interactive map

Location Count Median (UF) Median (USD) UF/m2 Range
Coyhaique 291 UF 1,600 USD $69,745 UF 0.2 On request - UF 205,000
Puerto Aysen 106 UF 1,807 USD $78,773 UF 0.8 On request - UF 27,609
Cerro Castillo 65 UF 1,650 USD $71,925 UF 0.1 On request - UF 64,825
Chile Chico 41 On request - - On request - UF 47,480
Balmaceda 36 UF 5,737 USD $250,098 UF 0.1 UF 410 - UF 150,000
Puerto Guadal 29 UF 7,700 USD $335,649 UF 0.1 UF 301 - UF 53,650
Puerto Cisnes 26 UF 5,963 USD $259,919 - On request - UF 140,000
Lake General Carrera 13 UF 5,271 USD $229,758 UF 0.1 UF 850 - UF 54,000
Cochrane 9 UF 13,500 USD $588,476 - UF 502 - UF 45,227
Aysen Region 7 UF 6,400 USD $278,981 - UF 1,681 - UF 91,701
La Junta 6 UF 2,750 USD $119,875 - UF 1,200 - UF 50,000
Carretera Austral 5 UF 17,125 USD $746,493 UF 0.1 UF 349 - UF 44,990
Puyuhuapi 5 UF 8,785 USD $382,932 - UF 979 - UF 38,760
Caleta Tortel 3 UF 51,654 USD $2,251,640 - UF 3,765 - UF 51,654
Puerto Rio Tranquilo 2 UF 2,997 USD $130,659 UF 0.6 UF 1,205 - UF 4,790
Villa O'Higgins 1 UF 27,609 USD $1,203,503 - UF 27,609 - UF 27,609
Futaleufu 1 UF 1 USD $31 - UF 1 - UF 1

Regional median: UF 1,999 ($79.6M CLP / USD $87,129)

Price Segments

<UF 1,500

262 (40.6%)

Median: USD $13,674

Coyhaique, Puerto Aysen, Cerro Castillo

UF 1,500-5,000

193 (29.9%)

Median: USD $107,220

Coyhaique, Puerto Aysen, Cerro Castillo

>UF 5,000

191 (29.6%)

Median: USD $523,090

Coyhaique, Cerro Castillo, Balmaceda

Property Type Breakdown

Land in the Aysen Region and houses in Coyhaique are the most listed categories on the market.

Type Count Median (UF) Median (USD) UF/m2
Land 243 UF 1,205 USD $52,518 UF 0.2
Houses 140 UF 2,133 USD $92,997 UF 15.2
Farms & Ranches 116 UF 11,247 USD $490,279 -
Lots 112 UF 2,199 USD $95,856 UF 0.1
Lodges 15 UF 5,500 USD $239,749 UF 0.1
Commercial 10 UF 5,388 USD $234,885 UF 11.4
Apartments 6 UF 3,429 USD $149,451 UF 45.2
Cabins 4 UF 3,840 USD $167,397 UF 0.2

Median Price by Type (UF)

Rental Market

Aysen's rental market has 42 active listings. The median monthly rent is $797,000 CLP (~USD $872). Rental supply is concentrated in Coyhaique and Puerto Aysen, where demand from professionals and government workers keeps occupancy rates high.

42

Active rentals

$797,000

Median rent (CLP/mo)

USD $872

Median rent (USD/mo)

Rentals by Location

Foreign Buyer Guide

Most of Aysen falls within Chile's border zone under DFL 1939, requiring foreign buyers to obtain authorization from the Ministry of National Defense. The process typically takes 3 to 6 months. Prices are often quoted in UF (Unidad de Fomento), an inflation-adjusted unit of account that protects transaction value against currency fluctuations. The purchase process includes: a promise of sale agreement, title study, public deed, and registration at the Real Estate Registry (Conservador de Bienes Raices).

Explore all available properties on our listings page.

Market Outlook

Aysen's property market is in an early development stage, with significant opportunities for buyers seeking long-term value. The combination of accessible pricing, exceptional natural beauty, and a growing tourism ecosystem positions the region as one of South America's most compelling real estate frontiers. Growing tourism along the Carretera Austral continues to drive interest in the region.

Headwinds

  • Limited connectivity: expensive flights and long drives raise logistics costs and shrink the buyer pool.
  • Border zone regulation (DFL 1939): foreign buyers need Ministry of Defense authorization to purchase property in much of Aysen.
  • Basic infrastructure: many towns lack sewage systems, natural gas, or high-speed internet.
  • Seasonality: the market cools significantly in winter (May-September).

Tailwinds

  • Growing tourism: the Carretera Austral is establishing itself as a world-class destination, attracting hospitality investment.
  • Conservation as economic driver: Patagonia National Park and rewilding projects create jobs and international visibility.
  • Remote work: professionals from Santiago and abroad are discovering Aysen as a lifestyle option, increasing demand for houses and land.
  • Relatively low prices: compared to Los Lagos Region or Argentine lake districts, Aysen offers significant value.

Forecast: April 2026

For April 2026, Aysen's property market is expected to maintain stable dynamics with a moderate upward trend. The temporary elimination of VAT on new housing (effective for 12 months from March 2026) could accelerate transactions in the new house segment, particularly in Coyhaique where supply is most concentrated. The reduction in mortgage interest rates to around 4.1% improves purchasing capacity, though the impact in Aysen is smaller since many transactions occur without financing. The land and farm segment should remain active, driven by Santiago-based buyers and growing international interest following the summer tourism season. A slight inventory contraction is anticipated in tourist towns (Cerro Castillo, Puerto Rio Tranquilo) as the season winds down, with new listings concentrating in Coyhaique.

0% VAT on new housing

positive

Reduces final price by up to 19% on new homes. Effective for 12 months. Greatest impact in Coyhaique and Puerto Aysen where new construction exists.

Mortgage rate at 4.1%

positive

Improves borrowing capacity. Allows access to higher-value properties with the same monthly payment.

End of tourism season

neutral

Fewer impulse buyers, but prices hold. Winter buyers tend to be more serious and committed.

Stable CLP/USD exchange rate

positive

Favors international buyers who see attractive prices in dollar terms.

Corporate tax reduction (27% to 23%)

positive

Greater corporate liquidity could translate into regional real estate investment.

Political and Regulatory Climate

In March 2026, President Jose Antonio Kast (2026-2030) took office with an economic agenda focused on national reconstruction, tax reduction, and deregulation. Key measures affecting the property market include:

VAT elimination on new housing for 12 months: with a housing deficit of 500,000 units and 100,000 unsold homes on the market, this measure aims to reactivate transactions by reducing the final price for buyers.

Property tax elimination for seniors 65+: homeowners aged 65 and older are exempt from property tax (contribuciones) on their primary residence, which could incentivize staying put and reduce the supply of resale properties in the short term.

Corporate tax reduction from 27% to 23%: intended to encourage business reinvestment. For real estate, this could translate into greater private investment in development and construction, especially in regions with lighter regulatory burdens.

Streamlining of sectoral permits: the government identifies bureaucracy as the main obstacle for infrastructure and energy projects, which would directly benefit the Aysen Region where building permits can be particularly slow.

For Aysen specifically, the combination of lower taxes and streamlined permits could accelerate tourism and residential development projects that currently face prolonged administrative hurdles.

Projects in the Aysen Region

Aysen Infrastructure Plan 2026-2035

government

USD 1.96 billion investment plan for the Aysen Region announced by MOP. Includes road works, hospital, and public facilities.

MOP / BNamericas

Coyhaique Regional Hospital (Reconstruction)

government

Reconstruction of the regional hospital, one of the largest projects in the 2026-2035 plan. Prefeasibility studies underway since 2025.

Radio Santa Maria

Coyhaique Penitentiary Center

government

New penitentiary center in the regional capital, part of the 2026-2035 infrastructure plan.

MOP / BNamericas

Carretera Austral: Scenic Route Designation

government

In December 2024, MOP designated the Carretera Austral as a Scenic Route, positioning it as a world-class tourist destination. This implies superior maintenance and signage standards.

MOP Directorate of Roads

Carretera Austral Paving (pending sections)

government

Multiple paving contracts for sections between Villa Santa Lucia and Cochrane. The section south of Villa Cerro Castillo remains mostly gravel. Estimated budget: USD 10M-80M per contract.

MOP Directorate of Roads

Austral Fiber Optic (FOA)

government

SUBTEL-subsidized fiber optic project along the Carretera Austral, connecting towns from Chaiten to Cochrane. Benefits over 536,000 users across 15 municipalities.

SUBTEL

Balmaceda Airport (BBA): Terminal Expansion

government

Terminal expansion and modernization project for the region's main airport. Estimated: USD 20M-40M. In design and permitting phase.

Grupo Azvi

APR Program (Rural Drinking Water)

government

Rural drinking water systems in Chile Chico, Cochrane, Villa Cerro Castillo, Puerto Guadal, Puerto Rio Tranquilo and other towns.

MOP Directorate of Hydraulic Works

SERVIU Aysen: Social Housing (700+ under construction)

government

Over 700 social housing units currently under construction in the region. DS49 and DS01 programs in Coyhaique, Puerto Aysen and smaller towns. 11 public land parcels allocated for 1,500 additional units.

Tehuelche Noticias / Bienes Nacionales

Patagonia National Park (Tourism Infrastructure)

private

Rewilding Chile (formerly Tompkins Conservation) continues developing visitor infrastructure: lodge, campgrounds, trails and monitoring stations in Valle Chacabuco (304,000 hectares).

Rewilding Chile

Route of Parks of Patagonia

mixed

Initiative connecting 17 national parks across 2,800 km from Puerto Montt to Cape Horn. Drives investment in trails, signage and access points throughout the Aysen Region.

Ruta de los Parques

Cerro Castillo Tourism Development

private

Growth of private lodges, hostels and camping operations in Villa Cerro Castillo, driven by the area's reclassification as a National Park.

CONAF / Rewilding Chile

Coyhaique Energy Transition (10,000 stoves replaced)

government

Program that has officially eliminated 10,000 wood-burning stoves in Coyhaique, replacing them with sustainable heating. Coyhaique has one of the worst air pollution records in Chile.

Ministry of Environment

Methodology

Data Sources

Data source: Propiedades Patagonia aggregates listings from 12 active real estate sources across the Aysen Region, including portals, local agencies, and social media. You can browse all listings on our properties for sale page.

Asking prices: All prices shown are asking prices, not closing prices. Actual transaction prices may differ.

UF currency: The Unidad de Fomento (UF) is a Chilean unit of account adjusted daily for inflation. As of 2026-03-26, 1 UF = $39,842 CLP.

Updates: Data is collected weekly via automated scraping. The report is generated at month end.

Velocity: Average of 24 days on market. The most recent month saw 339 new listings.

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