Providencia (trophy, ~CLP$25,000/sqm/mo · ≈ $30.7 PSF/yr USD) is one of 5 Santiago Class A submarkets we track.

  • Providencia sits at trophy tier.
  • Average rent CLP$25,000/sqm/mo · ≈ $30.7 PSF/yr USD vs city average 22000.
  • Compared submarkets: Las Condes (Sanhattan) (trophy), Vitacura (trophy), Nueva Las Condes (prime).

Providencia vs other Santiago submarkets

Providencia (trophy, ~CLP$25,000/sqm/mo · ≈ $30.7 PSF/yr USD) is one of 5 Santiago Class A submarkets we track.

TL;DR

  • Providencia sits at trophy tier.
  • Average rent CLP$25,000/sqm/mo · ≈ $30.7 PSF/yr USD vs city average 22000.
  • Compared submarkets: Las Condes (Sanhattan) (trophy), Vitacura (trophy), Nueva Las Condes (prime).

Side-by-side with peers

**Las Condes (Sanhattan)** (trophy, CLP$26,000/sqm/mo · ≈ $31.9 PSF/yr USD) — Santiago's trophy financial spine. **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.

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 other submarkets compete with Providencia in Santiago?
Las Condes (Sanhattan), Vitacura, Nueva Las Condes

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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