Technology | Construction | Companies | Real Estate | Grupo Lar will make its largest real estate investment on Peruvian soil economy

Enrique Castaneda, Country Manager lor groupCommented that the “Distrito 34” real estate project in Cirquillo represents an investment. S/ 550 million (land and construction cost) For its total construction in 10 stages, it will take a total of 8 to 10 years.

The Spanish real estate company operates in five countries including Peru, Spain, Poland, Mexico and Brazil. About your plans in the local market, They plan to acquire three more plots by 2024 with a total investment of S/ 270 million (land, construction).. Additionally, they already have projects in development in Centro de Lima, Surquillo and La Victoria. Regarding their upcoming projects, two have been identified, located in Jesús María and La Victoria.

read more: CCLA Launches First Multifamily Project in Peru, Prepares New Investments

Project details

District 34 Plan It will be situated on a land with a total area of ​​13,071 m2, considering the community areas of 12,500 m2. “This is the only project of these dimensions in modern Lima, with an additional 3,500 m2 of green areas. In total, it will consist of 10 buildings in a closed area. stood out.

The new infrastructure, which will begin commercial operations on January 31, will gain access Facial technology, fiber optics and electric chargers. Regarding its location, the administrator pointed out that it is located in an area where the project moves people in large numbers. Solid urban infrastructure. “Various services including universities, schools, shopping centers, markets, gastronomic centers are nearby,” Castaneda noted.

read more: Real Estate Market 2024: Portfolio Investments and Market Alternatives

Emerging trends in buying or renting in modern Lima

Impulse Data Intelligence Unit conducted Insight Hunting SEO research on behalf of Laure Group, where it is registered. The number of people interested in buying apartments in Modern Lima districts has increased by almost 150% between 2017 and 2022.

“In the case of those looking to rent an apartment in the districts of Modern Lima, the study shows that searches are increasing from 2021 and, according to the model, search growth is 8% in 2023”The report highlighted.

And, it was decided Lima is the sector with the highest number of searches for renting a house, with 69.10%, followed by Trujillo 6.70% and Arequipa with 4.50%. “What they are looking for most is a good location, modern and architecturally attractive design, which has common areas like gymnasium, swimming pool, green areas and VIP lounges”Investigation details.

About the author

Graduated in Communication from the University of Lima, specializing in Journalism and Corporate Communication. I currently write for the business section of Diario Gestion.