The real estate market in Peru is transformed into 2025, where it stands out for a new wave of Young buyers that range between 30 and 45 years. This group, with important monthly income, is motivated by the need to acquire its first home, so it prioritizes its economic stability and the desire to have its own home.
A recent study by Caja Piura reveals that new buyers are opting for multifamily housing located in urban areaswhere they can quickly access essential services. These properties, which range between 60 m² and 90 m², are considered the ideal size for those who wish to balance comfort and accessibility in their lifestyle.
In what regions of Peru the real estate market of strengthens?
The real estate sector of Metropolitan Lima It concluded in 2024 with a notable increase of 30% compared to the previous year, according to data provided by the Association of Real Estate Companies of Peru (ASEI). This growth translates into the incorporation of more than 4,900 New homesreaching a total of 21,479 units sold in the period.
A recent report by the data analysis of the real estate guild has indicated an increase in the Absorption indicatorwhich evaluates the relationship between the units sold and the available stock. This indicator grew by 0.4 percentage points, reaching 2.8% in 2024. On the other hand, the cities of Piura, Chiclayo, Arequipa and Trujillo are positioned as the main options for the purchase of real estate in 2025, of according to a report by a northern microfinance.
What reasons explain the strengthening of buyers?
According to Ana Cecilia Gálvez, general manager of ASEI, the growth of access to Mortgage creditswhich increased by 5% annually according to the Central Reserve Bank (BCR), together with lower interest rates and a better correspondence between the supply and demand of the market in Lima, were key elements that promoted positive performance in the sector During the year.
Likewise, a fundamental element in the increase in sales is the recovery of the formal employmentwhich generates a greater critical mass capable of accessing a mortgage loan to acquire a home. This situation favors the purchase capacity of citizens, thus promoting the real estate sector.
With respect to the cities of Piura, Chiclayo, Arequipa and Trujillo, they highlight their constant economic growth, rapid urban expansion and an increase in housing demand. In the case of Piura, its development in the Agroindustrial sectors and Commercial has strengthened its image as a key point for investments in the real estate sector.
How does the real estate market change in Metropolitan Lima?
The modern lime sectors, Lima Top and Lima Centro dominated the demand in 2024, accumulating 86% of the commercialized units. In addition, a growing interest in housing with smaller dimensions was observed, which reflects a change in buyers’ preferences.
“The average purchase ticket was reduced 4.4% compared to 2023, to S/447,590, due to the decrease in the average size of the departments, which went from 76 m² in 2020 to 65 m² in 2024. This change reflects a Industry adaptation to the needs of buyers, who seek more functional and accessible options, ”said Ana Cecilia Gálvez de ASEI.
Source: Larepublica
Alia is a professional author and journalist, working at 247 news agency. She writes on various topics from economy news to general interest pieces, providing readers with relevant and informative content. With years of experience, she brings a unique perspective and in-depth analysis to her work.
