Homeowners want to sell their homes to real estate companies Century21 | Companies | Modern Lima | BCRP | Second-hand houses | land | economy

Julio Muniz, Regional Director Century 21 PeruI said Management That is, when an owner puts a property up for sale, he can find two types of customers: a family who wants to live in that house and a company that acquires it to build its real estate project on the land, the latter. Representing the majority of demand and offering the best economic offer.

“A Gaza As a residence it is not the best or best use it has been given on the ground In many cases, it is overestimated on its own Construction. Although a person may have an interest in living Gaza For larger lots, many times construction companies may overpay for the item, so the owner prefers to sell it to them because they offer more value.”, Muniz explained within the framework of the 2024 National Conference “Future without limits”. Century 21.

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The value doubles

Although real estate construction companies and developers are worth more Second-hand houses Since they use the land, the amount provided depends on the area and the municipality's mandate regarding the dimensions of a real estate project. This way, Century21 says companies in the sector can pay up to twice what an individual would get.

For example, Julio Muniz He opined that a family could pay between US$300,000 and US$400,000 for a 300 square meter property, while the average market price, a construction company would be willing to pay between US$800,000 and US$1 million. It depends on the real estate project you plan to implement, the number of apartments you can build and the number of potential houses you can sell.

“Construction companies analyze first land, they evaluate views, construction potential, the number of units they have and the total sales they plan to achieve, as well as the costs and expected profit to develop the property. Therefore, the difference between all its income and its expenses and profits is the value of the land, and In many cases this price is very high, sometimes double that price. Gaza As residence”, he argues.

In that sense, he says, San Miguel and Jesús María are areas with the largest supply of houses and land, and construction and real estate companies want to acquire them because they are attractive districts to plan a housing project.

Interest in houses outside modern Lima

Although there is a greater willingness to buy DepartmentsDemand for second-hand homes still continues, however, with interest focused in more remote areas Modern lime. According to Century 21, La Molina, Cinecula, Pachacamac, Lima Sur Y North Lima Those are the places where families look for properties because the price per square meter is high.

As for the average ticket per square meter, Munis He pointed out that they are less than US$1,600 and that amount depends on the part and years of service. of the house. Properties between 70 and 90 meters are the most sought after, while those over 100 meters are more complex to rotate.

Topics that may interest you about housing:

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Real Estate Panorama 2024: Changes are expected in the pace of growth in area

About the author

The social communicator graduated from the University of San Martin de Porres. I currently write for the business section of Gestion newspaper.

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