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Property in Chacao, Caracas

Plaza Bolívar in Chacao: the equestrian statue of Bolívar in front of the church, with El Ávila behind

Photo: Luvilu67, CC BY-SA 4.0. Cropped and resized.

Chacao in short

Chacao has the highest prices in metropolitan Caracas. Apartment buildings predominate, with services and transport close by and steady demand for corporate rentals.

Open Chacao in OpenStreetMap · Data © OpenStreetMap contributors, ODbL.
Apartments, $/m²
1,473
No. 1 of 5 municipalities
Houses, $/m²
900
No. 1 of 5 municipalities
Mostly
Apartments
Available
1

Median asking price in the municipality of Chacao, October 2025. Source: UCAB and Mercado Libre.

After the earthquakes of June 2026, demand moved towards lower floors.

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What living in Chacao is like

Shops, offices and transport within walking distance. The condominium usually includes security and a backup generator; it is worth checking the state of the well or the tank before making an offer, because mains water is not constant across the whole area.

What to check before buying

The condominium clearance, the state of the backup generator and the water system, and an up-to-date title deed. In buildings from before 1990 it is worth asking for the structural inspection report.

After the earthquakes of June 2026

Demand shifted towards lower floors and houses. We ask for the structural inspection status before listing any property in the area.

Driving times from Plaza Altamira

DestinationTimeDistance
Gran Cacique Guaicaipuro motorway (formerly Francisco Fajardo)3–6 min2.2 km
Prados del Este motorway7–14 min6.8 km
Maiquetía airport30–50 min33.8 km
Plaza Venezuela8–18 min6.5 km
CCCT5–10 min3.3 km
Sambil Chacao5–10 min2.5 km
Google Maps, leaving on a Thursday at 12:00 noon in typical traffic; checked on 16 September 2026. Times can be longer at rush hour.

Metro: Altamira station (Line 1), 5 minutes’ walk. Chacao station is about 15 minutes on foot.

Schools and healthcare in and around Chacao

Schools

Clinics and outpatient centres

A selection, not a complete list. Each name links to the page that confirms where it is; check hours and places directly with each institution.

How does Chacao compare on price?

Price per square metre in the municipalities of the metropolitan area. Use it as a reference when comparing areas: these are asking prices, and the closing price is usually lower.

MunicipalityApartmentsHouses
1. Chacao · this area1,473 $/m²900 $/m²
2. Baruta944 $/m²570 $/m²
3. El Hatillo933 $/m²511 $/m²
4. Sucre667 $/m²517 $/m²
5. Libertador625 $/m²414 $/m²
Median asking price, in dollars per m², of property for sale. Sorted by apartments. Source: UCAB y Mercado Libre Venezuela, informe «Mercado inmobiliario en Venezuela», octubre de 2025.

Do you own a property in Chacao?

A free valuation, and the list of buyers already looking in this area.

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Frequently asked questions

How much does an apartment in Chacao cost?

In October 2025 the average asking price in Chacao was 1,473 dollars per square metre, against 846 in the Capital District, according to Mercado Libre and UCAB data. An 85 m² apartment was then at around 125,000 dollars.

Can you rent in dollars in Chacao?

Yes. The rental law of August 2026 allows the rent to be agreed in foreign currency. The contract must state the currency and how it is paid expressly.

Is there a metro station near Chacao?

Yes. Altamira station on Line 1 is about 5 minutes’ walk from the square, and Chacao station about 15. It is one of the areas of Caracas where you can live without a car.

How long does it take from Chacao to Maiquetía airport?

Between 30 and 50 minutes by car from Plaza Altamira in typical midday traffic, according to Google Maps. At rush hour it can take longer.

Which schools are there in Chacao?

Among others, Colegio San Ignacio de Loyola in La Castellana, Don Bosco and Cristo Rey in Altamira, and the municipal schools Andrés Bello and Carlos Soublette.

Nearby areas

Last checked: September 16, 2026

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