The historic Providencia property once inhabited by former Chilean President Salvador Allende has a new owner following a finalized real estate transaction valued at 1.000 millones de pesos, according to public records reported by Ex-Ante and independently verified by The Clinic. Located at Guardia Vieja 392, the residence where the socialist leader lived until 1971 was acquired on August 4 by the geodetic engineering and surveying firm Linkapsis Geodesia & Ingeniería SpA, as documented in filings from the Santiago Real Estate Conservator. The sale follows the formal closure of a high-profile criminal investigation and a previous, aborted government purchase that triggered significant political fallout and legal challenges.
The property sale marks the final chapter for a family asset that became the center of a major political controversy under the administration of former President Gabriel Boric. Descendants of the former head of state—including former senator Isabel Allende and former minister Maya Fernández, alongside Carmen Allende and Alejandro Fernández—sold the paired residential structure for a commercial price surpassing the roughly 922 million pesos previously negotiated by the state, according to reports verified by The Clinic. The transaction clears the heirs from ownership of the site, which carries a fiscal appraisal of $556.717.509 and annual property contributions of $1.246.753.
For Linkapsis Geodesia & Ingeniería, the acquisition provides an immediate opportunity for corporate expansion. Established 14 years ago and listed as an accredited public supplier, the surveying and geospatial data firm operates out of a neighboring facility located at Guardia Vieja 408. Because the two structures are attached, company representatives pursued the purchase to extend their existing office footprint once the legal path cleared.
Closure of the Judicial Inquiry Clears Path for Sale
The property transfer proceeded swiftly following a crucial judicial milestone in Santiago. Less than a month prior to the August 4 title registration, the 7th Guarantee Court of Santiago officially closed an ongoing penal investigation into the previous government transaction. The closure occurred after the Public Ministry communicated its decision not to pursue further charges—a request that the tribunal formally accepted, removing the last legal obstacles to a private sale.
The investigation stemmed from a controversial plan announced on December 31, 2024, by the Ministry of National Assets, then led by Marcela Sandoval. The government had sought to acquire both the Salvador Allende house and the former residence of President Patricio Aylwin to establish historical museums. Initial public announcements placed the valuation of the Allende home at approximately 922 million pesos, following an earlier internal appraisal of $828.920.942 conducted just two weeks prior. The upward revision in valuation drew immediate scrutiny and criticism from congressional opposition leaders.
Political Fallout and Constitutional Restrictions
The initial purchase agreement collapsed due to strict constitutional and legal prohibitions barring certain public officials from entering into contracts with the state. Investigators and opposition lawmakers pointed out that two of the property’s primary heirs—then-senator Isabel Allende and then-minister Maya Fernández—held statutory incompatibilities that rendered the state acquisition legally flawed.
The ensuing scandal prompted the executive branch to rescind the purchase decree in June 2025. The political cost was substantial: Marcela Sandoval departed her cabinet post in January 2025, the Constitutional Court subsequently removed Isabel Allende from her Senate seat, and Maya Fernández resigned from her ministry ahead of a looming constitutional accusation. Furthermore, the transaction triggered a formal prosecutor’s inquiry into potential influence peddling and misuse of public funds. With the Public Ministry opting not to press charges and closing the file in July, the property owners regained full legal autonomy to place the asset on the open market.
Corporate Expansion Plans by Linkapsis
With the title now registered to Linkapsis Geodesia & Ingeniería, the firm intends to integrate the Guardia Vieja 392 property into its existing operational headquarters at number 408. The engineering company specializes in geospatial data capture, natural resource management, and territorial planning. Real estate observers noted that the physical configuration of the adjoining, paired houses made the acquisition a unique logistical fit for the growing firm.
Public records confirm that the transaction was fully executed through the Santiago Real Estate Conservator, concluding years of public debate over the legacy, valuation, and eventual disposition of the historic Providencia dwelling.
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