Providencia is a trophy-tier Santiago submarket with average asking rent around CLP$25,000/sqm/mo · ≈ $30.7 PSF/yr USD.

  • Average asking rent: CLP$25,000/sqm/mo · ≈ $30.7 PSF/yr USD.
  • Tier: trophy.
  • Citywide Class A rent context: CLP$22,000/sqm/mo · ≈ $27 PSF/yr USD ($27 USD).
  • Citywide vacancy: 9.4% — submarket-level availability is typically tighter at trophy tier.

Providencia, Santiago office rents and availability

Providencia is a trophy-tier Santiago submarket with average asking rent around CLP$25,000/sqm/mo · ≈ $30.7 PSF/yr USD.

TL;DR

  • Average asking rent: CLP$25,000/sqm/mo · ≈ $30.7 PSF/yr USD.
  • Tier: trophy.
  • Citywide Class A rent context: CLP$22,000/sqm/mo · ≈ $27 PSF/yr USD ($27 USD).
  • Citywide vacancy: 9.4% — submarket-level availability is typically tighter at trophy tier.

Where rent sits

Providencia averages around CLP$25,000/sqm/mo · ≈ $30.7 PSF/yr USD for Class A, against a citywide Class A index of 22000. As a trophy submarket, rent runs above the city average and availability is structurally tight.

Availability dynamics

Established trophy core with Costanera Center. Banking, telecom (Telefónica), consulting, professional services.

Key facts

citySantiago
submarketProvidencia
tiertrophy
averageRentLocalCLP$25,000/sqm/mo · ≈ $30.7 PSF/yr USD
cityClassARentUsd$27/sqft/yr
cityVacancyPct9.4%

Frequently asked questions

What is the average Class A rent in Providencia, Santiago?
Around CLP$25,000/sqm/mo · ≈ $30.7 PSF/yr USD. The citywide Class A index sits at CLP$22,000/sqm/mo · ≈ $27 PSF/yr USD.

Related

Editorial provenance

Reviewed by Miriam Hollander — Lead market analyst. Last updated 2026-04-15. See our methodology and editorial standards.

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