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Old 08-16-2012, 07:49 PM   #7
Andoror

Join Date
Oct 2005
Posts
647
Senior Member
Default
Another fairly lucrative business is building in the Santiago area. We are still in the midst of a housing boom somehow inspite of the economy. I would say the ROR is easily more than 25% if not more depending on various factors. Buying a lot and building a house is attractive because it's not to difficult for a homebuyer to procure a loan plus given the scams out there many people prefer to buy something already built and spend more money than paying a deposit based on hope that the contractor will come thru.
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