Santiago has 5 distinct Class A submarkets we track, anchored by Las Condes (Sanhattan) at the trophy tier.
Santiago has 5 distinct Class A submarkets we track, anchored by Las Condes (Sanhattan) at the trophy tier.
**Las Condes (Sanhattan)** (trophy, ~CLP$26,000/sqm/mo · ≈ $31.9 PSF/yr USD) — Santiago's trophy financial spine. **Providencia** (trophy, ~CLP$25,000/sqm/mo · ≈ $30.7 PSF/yr USD) — Established trophy core with Costanera Center. **Vitacura** (trophy, ~CLP$24,000/sqm/mo · ≈ $29.4 PSF/yr USD) — Affluent boutique HQ market. **Nueva Las Condes** (prime, ~CLP$18,000/sqm/mo · ≈ $22.1 PSF/yr USD) — Master-planned suburban Class A. **Santiago Centro** (established, ~CLP$14,000/sqm/mo · ≈ $17.2 PSF/yr USD) — Historic CBD and government core.
| city | Santiago |
|---|---|
| country | Chile |
| region | Americas |
| classARentLocal | 22000 CLP/sqft/yr |
| classARentUsd | $24/sqft/yr |
| vacancy | 9.4% |
| typicalLeaseYears | 5 |
| typicalRentFreeMonths | 4 |
| submarkets | 5 |
| primeYieldPct | 6.6% |
| trophyCount | 3 |
| primeCount | 1 |
Reviewed by Miriam Hollander — Lead market analyst. Last updated 2026-04-15. See our methodology and editorial standards.