Young people between 25 and 35 years old acquired more than 10% of real estate in 2022

Young people between 25 and 35 years old acquired more than 10% of real estate in 2022

Young people between 25 and 35 years they acquired 18% of the real estate projects in 2022 and it is estimated that, in the next four years, there will be a growth of 5%, according to V & V Real Estate Group.

“The profile of the Peruvian millennial investor can be segmented into two: those young professionals or independents who are starting their working life with interesting purchasing power and who are looking for their independence,” said Juan Alvarado, head of sales at V & V Grupo Inmobiliario.

Likewise, he said that the second group is made up of people between 30 and 35 years of age with greater economic stability and who also seek to become independent, live with their partner or rent with a friend (roommate). For these segments, social networks are an important source of information.

It should be noted that most of these citizens are not qualified for a mortgage, so many acquire them together or through their parents. Others opt for co-ownership between couples or friends.

Characteristics of the properties

The search for apartments with one or two rooms, with shared areas, are the most sought after by young people. In addition, there is a demand for eco-sustainable buildings, pet friendly and that have social areas such as coworking, gym, barbecue, swimming pool, among others.

The greatest demand is in the apartments of Miraflores, Magdalena del Mar, Jesús María, San Miguel, Barranco and Surco. This growth has been observed since 2018 and has become even more accentuated as of 2020.

Source: Larepublica

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