What do I need to know when buying property in Santiago?

"When buying property in Santiago, it is important to research the area and the local market to ensure you are making a sound investment. It is also important to understand the legal process of buying property in Chile, including the necessary paperwork and fees. It is also important to be aware of the taxes and fees associated with owning property in Chile, such as the annual property tax. Additionally, it is important to understand the local customs and regulations regarding property ownership, such as restrictions on foreign ownership. Finally, it is important to work with a reputable real estate agent or lawyer to ensure the process is handled properly," remarked another expat in Santiago, Chile.