Costanera Pedro Montt

The fjord-front avenue with the town's best water-and-mountain views and premium lodging.

Updated June 17, 202611 min read

About Costanera Pedro Montt

The Costanera Pedro Montt runs along the Señoret Channel waterfront, offering Puerto Natales' most coveted views across Last Hope Sound to the snow-capped Patagonian cordillera. It hosts the town's premium boutique hotels, the landmark Milodon sculpture and waterfront restaurants, making it the prestige address for lifestyle buyers and high-end hospitality. Waterfront and view properties command the top of the town's range, roughly USD 1,700-2,000 per m2, with hotel-grade plots higher. Long-let gross yields are modest at 3.5-4.2% given premium pricing, but the view-driven short-let and boutique-hotel market performs strongly in the December-March season. With finite fjord frontage and surging tourism, the Costanera is the town's trophy-waterfront play for capital appreciation and premium hospitality income.

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Location

Costanera Pedro Montt in Puerto Natales, Magallanes and Chilean Antarctica Region, Chile

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Figures are indicative and subject to change. Regulations, taxes and market conditions vary by jurisdiction. Do your own due diligence and seek independent legal and financial advice.

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