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What are the most sought-after districts to buy an apartment?

What are the most sought-after districts to buy an apartment?

There are 10 districts that concentrate the greatest demand for housing in Peru, according to Properati, the South American real estate portal. Along these lines, the detailed ranking highlights apartment searches in the first five months of 2024, contemplating nearly 1.6 million visits to the ads published on the web portal. The most sought after districts represent 59% of the national total.

Santiago de Surco, one of the largest and most developed districts of the capital, tops the list with 13.85%. This location has elegant residential areas with modern commercial and recreational areas. Likewise, it has a varied housing offer, from spacious apartments in neighborhoods such as La Castellana, to new apartments in luxury buildings in areas such as Chacarilla and Monterrico. Surco attracts families and professionals seeking a high quality of life.

Miraflores, the cosmopolitan center of Lima, follows with 11.26%. This district stands out for its panoramic beaches and apartments overlooking the Pacific Ocean. In addition, it has in its favor the wide cultural offer, the tourist dynamic and the different commercial points.

In third place in the ranking is San Isidro, a district known for being the financial heart of Lima, with 6.58%. This houses numerous corporate offices and embassies. In terms of housing, San Isidro offers luxury apartments in modern residential buildings, as well as spacious houses in traditional areas such as those near El Olivar. Its high quality of life attracts mostly families of executives and diplomats.

In the rest of the first ten positions on the list there are six districts that are part of Central Lima, with San Miguel being the fourth most searched area nationwide with 5.35%. In this district there are apartments with incredible views of the sea. Fifth place goes to San Borja with 5.25% participation. It is one of the residential districts that stands out for being safe and family-friendly.

The sixth and seventh place in housing demand goes to Surquillo with 4.14% and Jesús María with 3.97% market share. While the eighth and ninth places in the ranking go to Magdalena del Mar with 3.26% and La Molina with 3.13%.

On the other hand, Ate is the only district of the ‘top 10’ that does not belong to Lima Centeris in tenth place with 2.45% participation.

Price per m2 in Lima can cost up to S/6,706

According to the latest Urbania report, the price per square meter (m2) in metropolitan Lima can cost up to S/6,706. Although there has been a 1.1% drop in the item in monthly terms, prices are not expected to decline.

In that line, It is highlighted that Barranco is the most expensive district in the capital since the m2 can reach an average of S/9,386. San Isidro and Miraflores follow with S/9,159 and S/8,699, respectively. On the other hand, again in Chorrillos and La Victoria a greater variation of between 13.5% and 12.5% ​​was detected.

Urbania adds that brand new apartments are the ones with the most marked increase. In general terms, the sale of a home in the capital, for a 60 m2 house, is S/416,504, with two bedrooms. One of three spaces amounts to S/647,033.

Source: Larepublica

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