Detailed breakdown of land prices by region, location type, and plot size — with real comparisons in USD per acre and per m², and what actually drives value in Patagonia.
What Does Land Actually Cost in Chilean Patagonia?
One of the most common questions we receive from international buyers is: "How much does land actually cost in Patagonia?" The answer varies significantly by region, location type, and the specific features of each plot. This guide gives you real, current numbers.
Overview: Price Ranges by Region
| Region | Low End | Mid Range | Premium | Per Acre (approx) |
|---|---|---|---|---|
| Los Lagos (Lake District) | $3,000/ha | $7,500/ha | $15,000+/ha | $1,200–$6,000/acre |
| Aysén | $1,500/ha | $4,000/ha | $8,000/ha | $600–$3,200/acre |
| Magallanes | $2,000/ha | $6,000/ha | $12,000+/ha | $800–$4,900/acre |
Prices in USD. 1 hectare = 10,000 m² = 2.47 acres.
Los Lagos (Lake District): $1,200–$6,000 per acre
The most developed and accessible region commands the highest prices. Key drivers:
Lakefront on Lago Llanquihue: $10,000–$20,000+ per hectare ($4,000–$8,000/acre). Osorno Volcano views and direct water access push prices to premium levels.
Forest plots (no water frontage): $3,000–$6,000 per hectare ($1,200–$2,400/acre). Still beautiful — native coihue and mañío forest — but without the lakefront premium.
River access (Petrohué, Cochamó): $5,000–$12,000 per hectare ($2,000–$4,900/acre). World-class fly-fishing access commands a significant premium.
Practical example: A 5,000 m² (1.24-acre) forest plot in the Cochamo Valley might be priced at $8,000–$15,000 USD. A similar-sized lakefront plot near Puerto Varas could reach $25,000–$40,000 USD.
Aysén: $600–$3,200 per acre
Aysén represents the best value proposition in Patagonia — extraordinary natural assets at prices that still reflect its remoteness.
Along the Carretera Austral: $2,000–$5,000 per hectare ($800–$2,000/acre). Road-accessible plots near Coyhaique, La Junta, or Chaitén.
Remote fjord and river land: $1,500–$3,000 per hectare ($600–$1,200/acre). Accessible only by boat or small plane. Pristine, but requires off-grid infrastructure investment.
Plots near national parks: $4,000–$8,000 per hectare ($1,600–$3,200/acre). Queulat, Cerro Castillo, and Patagonia National Park adjacency commands significant premiums.
Practical example: A 2-hectare (4.94-acre) plot with Río Baker access near Cochrane: $8,000–$16,000 USD. A 5,000 m² (1.24-acre) plot near Coyhaique with road access: $4,000–$8,000 USD.
Magallanes: $800–$4,900 per acre
The Torres del Paine brand drives prices in this region — any land marketed as "near the park" commands a premium.
Near Puerto Natales / Torres del Paine gateway: $5,000–$12,000 per hectare ($2,000–$4,900/acre). Highest demand from eco-lodge developers and wealthy buyers.
Patagonian steppe: $2,000–$5,000 per hectare ($800–$2,000/acre). Open pampas land. Dramatic skies. Strong wind. Suited for large ranch operations or wind energy.
Coastal/fjord: $3,000–$8,000 per hectare ($1,200–$3,200/acre). Última Esperanza sound frontage.
What Drives Value?
Understanding what adds and subtracts from Patagonian land values will help you buy smart:
Adds Value:
Subtracts Value:
Total Investment: All-In Costs
Don't forget closing costs when budgeting:
| Budget | Land Cost | Closing Costs (5%) | Total |
|---|---|---|---|
| Starter | $20,000 | $1,000 | $21,000 |
| Mid-range | $75,000 | $3,750 | $78,750 |
| Premium | $200,000 | $10,000 | $210,000 |
Plus: attorney fees ($1,500–$3,500) + surveyor ($500–$1,500)
Is Patagonian Land Cheap?
Relative to comparable wilderness globally, yes. Consider:
The value proposition is clear. But windows don't stay open forever — prices in Los Lagos have risen 40–60% over the past decade as demand has increased.
How to Get a Specific Quote
Every plot is different. Contact our team for a free consultation — we'll identify properties matching your criteria and budget and provide transparent all-in pricing before you commit to anything.
[Inquire About Available Land →](/contact)
