PY Inmobiliaria

What PY Inmobiliaria does

PY Inmobiliaria (legal entity Inmobiliaria PY S.A.) is a privately held Chilean residential real estate developer and a subsidiary of the Empresas FPY holding group. Founded around 1978–1980 and headquartered at Av. Suecia 0142 in Santiago's Providencia district, the company develops and sells houses (casas) and apartments (departamentos) across at least eight Chilean regions spanning Antofagasta in the north to Concepción and Puerto Montt in the south. With 1,001–5,000 employees, more than 45 years of operating history, and a cumulative production of 130,000+ homes, PY is positioned among the larger residential developers in Chile and was recognized in 2026 as the top-volume builder of subsidized units and of houses sold in the Santiago Metropolitan Region at the Premios Inmobiliarios TOCTOC.

The company's core business is one-time residential property sales, with units priced in UF (Unidad de Fomento, an inflation-indexed Chilean unit) typically ranging from UF 1,930 to UF 5,620 across apartments and houses. Projects are structured to be eligible for Chilean government housing subsidy programs — DS19 (up to UF 2,200) and DS01 — administered through MINVU/Serviu, which positions PY in the affordable and middle-income housing segments. Complementary products include the CEV (Calificación Energética de Viviendas) energy-efficiency certification applied to projects, the Compra Protegida PY buyer-protection program (refund in case of qualifying illness or job loss), a Referidos PY referral scheme paying a $500,000 gift card to existing owners, and "Convenios con Empresas" corporate agreements for employer-sponsored housing benefits. Post-sale support includes a 10-year structural, 5-year installations, and 3-year finishes warranty.

PY's go-to-market is hybrid: a direct-to-consumer model anchored on physical Sala de Ventas offices across Chile (Santiago, Antofagasta, Copiapó, La Serena, Concepción) supported by website inquiries, WhatsApp, video-call consultations, and digital marketing (Instagram, YouTube, Facebook, blog content), layered with B2B corporate-agreement channels and referral programs. Quality credentials are central to the brand, including 10 consecutive years (2016–2025) of Best Place to Live® certification from Trend Group América and the recent Sello PRO sustainability/ESG certification awarded to parent Empresas FPY by the Cámara Chilena de la Construcción. Revenue is not publicly disclosed, and the company operates without external venture or private-equity backing identified in the source material.

Name

PY Inmobiliaria

Legal name

Inmobiliaria PY S.A.

Website

https://py.cl

Company type

Private

Founded year

1980

Operating status

Operating

Headcount range

1,001–5,000 employees

Short description

PY Inmobiliaria is a Chilean residential real estate developer and subsidiary of Empresas FPY, building and selling houses and apartments across at least eight Chilean regions. It targets first-time homebuyers and middle-income families, primarily through government-subsidy-eligible (DS19/DS01) projects, with multi-region sales offices and a 130,000+ home cumulative track record.

Ownership category

akta.pro rank

Headquarters

HQ city

Santiago

HQ country

Chile

HQ region

Latin America

Offices6 records

Markets served

GTM type

B2C

Offering type

Services

Cost components

Supply Chain, Personnel, Operations, Marketing or Sales, Infrastructure, Others

Revenue model

1. Residential Property Sales: Primary revenue stream from selling houses and apartments developed across Chile. Properties are sold through direct sales offices with various financing options including government subsidies (DS19, DS01), mortgage financing, and installment payments.

Pricing tiers

Go-to-market motion2 records

Distribution channels3 records

Marketing channels5 records

Core offering

PY Inmobiliaria develops, builds, and sells residential houses (casas) and apartments (departamentos) across multiple regions of Chile under the Inmobiliaria PY S.A. brand, part of the Empresas FPY holding company. The company manages the full residential project lifecycle including land development, construction, sales through physical sales offices (Salas de Ventas), and post-sale customer service. It complements home sales with government housing subsidy program assistance (DS19, DS01), a buyer protection program (Compra Protegida PY), and energy efficiency certification (CEV) on its projects.

Product overview

PY Inmobiliaria is a Chilean real estate developer and seller that forms part of Empresas FPY, a holding company dedicated to construction and real estate management. The company offers a portfolio of residential properties including houses (casas) and apartments (departamentos) across multiple cities in Chile. The product portfolio consists of core residential offerings (houses and apartments under the PY Inmobiliaria brand), complemented by add-on services including buyer protection programs (Compra Protegida PY), government housing subsidy programs (DS19), a referral incentive program (Referidos PY), and energy efficiency certification (CEV). Projects are developed in various stages of completion including immediate delivery and pre-sale (venta en verde), and target different market segments from subsidized buyers to open market customers.

Differentiator

Problem solved

Functional benefit

Products and services

• Residential Houses (Casas) Residential houses developed and sold by PY Inmobiliaria across multiple Chilean regions, available in various sizes, configurations, and price ranges with features such as patios, green areas, and proximity to urban services. Targeted at families and individuals seeking to purchase a primary residence, with options eligible for government subsidies.
• Residential Apartments (Departamentos) Residential apartments (departamentos) developed in condominium formats across multiple Chilean cities, featuring amenities such as green areas, children's play areas, multi-purpose rooms, and commercial spaces. Targeted at families and individuals seeking apartment-style urban living, with sizes from 60 to 78 m² across 1-3 bedroom configurations.
• Compra Protegida PY Buyer protection program that allows PY customers to withdraw from their home purchase in case of qualifying illness or job loss, with refund of invested funds without associated penalties. Designed to reduce purchase risk for individual homebuyers.

Quantifiable outcome

• Quality certification by Best Place to Live for 10 consecutive years (2016-2025)
• +2 more outcomes

Segments4 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature1 record

Partnerships

One partnership is on record.

• MINVU/ServiucoreOthersGovernment housing programs including DS19 (Subsidio de Integración Social y Territorial for housing up to 2,200 UF) and DS01 (Subsidio para Sectores Medios with various tranches). PY Inmobiliaria develops projects eligible for these subsidies, enabling first-time homebuyers to access affordable housing with government support.

Scale indicators4 records

Recent moves6 records

Expansion highlights5 records

Market position

Competitive moat5 records

Key highlights7 records

Customer concentration

• YouTubeyoutube.com/channel/UCyNTUW2k0o2ndrQvXw8pU-w
• Facebookfacebook.com/InmobiliariaPYOficial
• Instagraminstagram.com/inmobiliaria.py
• LinkedInlinkedin.com/company/inmobiliariapychile

Compliance3 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles2 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about PY Inmobiliaria