Discussing returns without saying who lives in the home tells half the story. We distinguish three rental models in Villarrica, Pucón, and Licán Ray (August 2026 study; see comparator):
| Model | Typical published income | Who lives there | Neighborhood effect |
|---|---|---|---|
| Year-round, primary residence | Median ~535,000 CLP/month; 3/4 of listings ≤600,000 | Families, local workers | Home occupied most of the year |
| Season ≥3 months (never nightly) | Between the other two; not measured separately | Work, projects, transition | Neighbors for months; gaps between leases |
| Nightly tourism (high end) | Median monthly equivalent ~6.6M CLP in occupied months only | Short-stay visitors | Turnover; empty off-season |
Illustrative comparison, not a promise of results.
Twelve times the monthly rent is not twelve times in your pocket
Tourism listings multiply year-round rent per occupied month, but demand clusters in summer and long weekends. Year-round at median ≈ 6.4M gross per year; at tourism median, that is roughly ~one fully occupied month. The rest of the year adds less predictable bookings and costs (cleaning, platforms, wear).
Full text in manifesto §4 bis. Contracts: Contracts and security.