ICAUDRA
ICAUDRA is a Chilean residential real estate developer founded in 2015, operating across seven regions with 40+ projects and 20+ active developments, selling apartments, commercial spaces, and urban lots to individual buyers, including participants in Chile's DS19, DS1, and DS49 housing subsidy programs.
- Company typePrivate
- Founded2015
- HeadquartersSantiago, Chile
- Headcount51–100
- GTM typeB2C
- OfferingServices
What ICAUDRA does
ICAUDRA, operating as Inmobiliaria ICuadra, is a Chilean residential real estate developer founded in 2015 and headquartered in Las Condes, Santiago. The company develops and sells apartments, commercial spaces, and urban lots across seven Chilean regions (Metropolitana, O'Higgins, Ñuble, Biobío, Los Ríos, Los Lagos, and Aysén), maintaining 40+ projects to date with 20+ currently active and a footprint spanning 35+ municipalities. Unit pricing spans UF 1,605 for entry-level offerings through UF 14,218+ for higher-end units, with a significant portion of inventory structured around three Chilean government housing subsidy programs (DS19, DS1, and DS49).
The company's go-to-market is direct-to-buyer, executed through six regional sales offices and a website portal that exposes project listings, pricing, and sales contact data; no mobile app, API, or digital platform layer is disclosed. Construction execution is delivered through a network of 12+ contracted builders including LD Constructora, Ingevec, Boetsch, and Echeverría Izquierdo, allowing parallel multi-region delivery without vertically integrated construction capacity. Revenue mechanics are project-based recognition on unit sales, with the company also offering rental and investment-property configurations beyond primary residences.
ICAUDRA's product surface has expanded beyond the original apartment-only model to include commercial spaces, urban lots, rental properties, and investment properties, targeting both owner-occupier subsidy recipients and yield-seeking investors. Recent project activity in 2025 (Vista Puerto Varas II, Condominio San Nicolás II, Alturas de Pudahuel II, Edificio Pelantaru, among others) signals continued build-out of the regional pipeline. The business carries no disclosed funding rounds, no M&A activity, and no proprietary technology stack, making it a regionally scaled but operationally conventional residential developer.
ICAUDRA firmographics
Firmographics- Name
- ICAUDRA
- Legal name
- Inmobiliaria ICuadra
- Website
- https://icuadra.cl
- Company type
- Private
- Founded year
- 2015
- Operating status
- Operating
- Headcount range
- 51–100 employees
- Short description
- ICAUDRA is a Chilean residential real estate developer founded in 2015, operating across seven regions with 40+ projects and 20+ active developments, selling apartments, commercial spaces, and urban lots to individual buyers, including participants in Chile's DS19, DS1, and DS49 housing subsidy programs.
- Ownership category
- akta.pro rank
ICAUDRA industry classification
Industry- Product category
- Real Estate Development
- NAICS
- Rental and Leasing Services (532)
- SIC
- Land Subdividers & Developers (No Cemeteries) (6552)
- akta.pro primary industry
- Affordable Rental & Multifamily Housing Finance Programs (LIHTC/Tax Credits/Subsidized Loans) (FSALAKAF)
Keywords
Where ICAUDRA is headquartered
LocationHeadquarters
- HQ city
- Santiago
- HQ country
- Chile
- HQ region
- Latin America
Offices6 records
Markets served
ICAUDRA business model
Business model- GTM type
- B2C
- Offering type
- Services
Revenue model
- Residential Property Sales: Primary revenue from selling residential apartments and condominiums to individual buyers. Properties priced in UF (Unidad de Fomento) ranging from UF 1,605 to over UF 14,000 depending on project and unit type. Sales include options for buyer financing through mortgage loans and government subsidies.
- Commercial Property Sales: Revenue from selling commercial spaces (locales comerciales) integrated within residential condominium projects. Commercial units range from approximately 21 m2 to 62 m2.
- Urban Lots Sales: Revenue from selling urban land lots (lotes urbanos) for residential development, such as the Quilamapu project in Chillán.
- Rental Properties: Some projects offered for rental (arriendo) as noted in the navigation, indicating a secondary revenue stream from property rentals.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Unit Pricing | Pay-as-you-go | Entry-level residential units from UF 1,605 |
| Unit Pricing | Pay-as-you-go | Mid-range residential units from UF 2,000 to UF 3,500 |
| Unit Pricing | Pay-as-you-go | Premium residential units from UF 4,000 to UF 7,500 |
| Unit Pricing | Pay-as-you-go | Luxury units UF 13,000+ |
| Unit Pricing | Pay-as-you-go | Commercial spaces from UF 1,600 to UF 2,600 |
| Unit Pricing | Pay-as-you-go | Urban lots from UF 3,000 to UF 10,000 |
Go-to-market motion2 records
Distribution channels5 records
Marketing channels8 records
ICAUDRA product offering
Product offeringCore offering
ICAUDRA (Inmobiliaria ICuadra) is a Chilean real estate developer that plans, develops, markets, and sells residential apartments, commercial spaces, and urban lots across seven regions of Chile. The portfolio spans entry-level subsidized units (DS19), mid-market condominiums, and premium properties, complemented by a smaller rental and investment property segment. Pricing is quoted in UF (Unidad de Fomento), with financing options including mortgage loans and government subsidies.
Product overview
ICAUDRA (Inmobiliaria ICuadra) is a Chilean real estate developer offering a portfolio of residential and commercial real estate products across seven regions of Chile. The core offering includes habitational apartments (departamentos habitacionales) with and without government subsidies, commercial spaces (locales comerciales), urban lots (lotes urbanos), and rental properties. Projects are marketed under branded names such as Smart, Condominio, Parque, Portal, Alturas, and Alto series, spanning from Providencia (Santiago) to Coyhaique in the far south. The company participates in the DS19 Social Integration Program, offering subsidized housing alongside private-market units.
Differentiator
Problem solved
Functional benefit
Companies that use ICAUDRA
Customer profileSegments4 records
Ideal customer profiles4 records
ICAUDRA technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
ICAUDRA partnerships and signals
Strategic signalPartnerships
Twelve partnerships are on record, tiered core.
- LD ConstructoracoreConstruction company partner listed on the Partners page. Operates as a key construction partner for Icuadra projects. Website: ldconstructora.cl
- BOETSCHcoreConstruction partner for Icuadra real estate developments. Website: boetsch.cl
- IngeveccoreEstablished construction company as a partner for Icuadra projects. Website: ingevec.cl
- Constructora CristicoreConstruction partner for Icuadra developments. Website: constructoracristi.cl
- Empresas FGcoreConstruction and development company as partner. Website: empresasfg.com
- CopcisacoreConstruction partner for Icuadra projects. Website: copcisa.com
- Constructora Cerro ApoquindocoreConstruction partner for Icuadra. Website: ca4.cl
- Echeverría IzquierdocoreMajor Chilean construction and real estate development company as partner. Website: ei.cl
- VitalcoreConstruction company partner. Website: constructoravital.cl
- Constructora OvalcoreConstruction partner. Website: constructoraoval.cl
- Constructora CCMcoreConstruction partner. Website: constructoraccm.cl
- Galco Ingeniería y ConstruccióncoreEngineering and construction partner for Icuadra projects.
Scale indicators4 records
Recent moves6 records
Expansion highlights4 records
ICAUDRA competitors and assessment
Company assessmentDirect peers
- Besalco: Diversified Chilean construction and real estate group with a residential development arm. Comparable as a regional builder-developer with experience in both private and subsidized housing.
- Socovesa: One of Chile's leading residential real estate developers with broad national presence and dedicated affordable housing programs (DS19, DS49). Directly comparable in product mix, geographic approach, and subsidy-driven GTM.
- Aconcagua (Inmobiliaria Aconcagua): Chilean real estate developer with operations in multiple regions and a track record in residential and subsidized housing. Comparable for product mix and multi-region strategy.
- Salfacorp: Chile's largest publicly listed construction and real estate developer, with an ICSA housing subsidiary operating across multiple regions. Most directly comparable given national scale, residential focus, and exposure to subsidized housing segments.
- Paz Corp: Chilean real estate developer with regional operations and exposure to both private and subsidy-backed housing. Comparable as a multi-region residential developer leveraging government programs.
- Inmobiliaria Manquehue: Chilean real estate developer focused on residential communities and condominiums, with a presence in Santiago and select regions. Comparable in product type (condominiums and houses) and direct-to-consumer sales model.
Broad incumbents
- Ingevec: Established Chilean construction and real estate company listed on the Santiago stock exchange. Comparable in real estate development activities and is an active Icuadra construction partner.
- Echeverría Izquierdo: Major Chilean construction and real estate group that is both an Icuadra construction partner and an independent developer. Comparable as a broader real estate/construction incumbent with national reach.
Emerging players
- Brotec Inmobiliaria: Chilean real estate developer with a regional and mid-density housing focus. Comparable in project size, buyer segments, and reliance on government subsidy programs.
Regional players
- RVC Inmobiliaria: Chilean regional real estate developer with presence in central and southern Chile. Comparable for regional diversification strategy and residential condominium product.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat4 records
Key risks6 records
Key highlights6 records
Customer concentration
ICAUDRA social profiles
Digital presenceICAUDRA financial estimates
Financial estimateRevenue estimate
Valuation estimate
ICAUDRA leadership team
Management profileNumber of profiles
ICAUDRA funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
ICAUDRA M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about ICAUDRA
What does ICAUDRA do?
ICAUDRA (Inmobiliaria ICuadra) is a Chilean real estate developer that plans, develops, markets, and sells residential apartments, commercial spaces, and urban lots across seven regions of Chile. The portfolio spans entry-level subsidized units (DS19), mid-market condominiums, and premium properties, complemented by a smaller rental and investment property segment. Pricing is quoted in UF (Unidad de Fomento), with financing options including mortgage loans and government subsidies.
Is ICAUDRA a public or private company?
ICAUDRA is a private company. It is classified as unknown and is currently operating.
When was ICAUDRA founded?
ICAUDRA was founded in 2015. It employs 51 to 100 people.
Where is ICAUDRA based?
ICAUDRA is headquartered in Santiago, Chile, in the Latin America region.
How does ICAUDRA make money?
Four revenue lines are on record. Residential Property Sales are the primary driver. The others are commercial Property Sales, urban Lots Sales and rental Properties.
Who are ICAUDRA's main competitors?
Direct peers on record are Besalco, Socovesa, Aconcagua (Inmobiliaria Aconcagua), Salfacorp, Paz Corp and Inmobiliaria Manquehue. Broad incumbents are Ingevec and Echeverría Izquierdo. Brotec Inmobiliaria is listed as an emerging player. RVC Inmobiliaria is listed as a regional player.
Does ICAUDRA have an API?
No public API is recorded for ICAUDRA.
What industry is ICAUDRA in?
ICAUDRA's product category is Real Estate Development. Its primary akta.pro industry code is FSALAKAF, Affordable Rental & Multifamily Housing Finance Programs (LIHTC/Tax Credits/Subsidized Loans). Its NAICS code is 532 and its SIC code is 6552.