Until recently, it was an emerging segment of the real estate market, but it began to make progress due to the limited supply of homes being built in Lima.
The growing unmet demand for housing has caused Peruvians to start looking with greater interest at second-hand units, a market that was completely incipient, says Guido Valdivia, director of the Invertir Institute.
Furthermore, the recent taiyuan number screening announcement by the Mivivienda Fund that it will begin to finance used properties has opened an interesting window for making acquisitions.
"Keep in mind that although the property you are going to buy is cheaper than a new one, you will have to invest in remodeling the plumbing, closets, floors, among others. This generates an additional budget," he advises.
Another factor that must be taken into account is the condition of the property. A bank may completely reject the disbursement of a loan if an appraisal detects that there is some risk due to the age or deterioration of the property.
The demand comes from the B, C and D socioeconomic segments of the population. The largest sales are concentrated in traditional districts such as Pueblo Libre, Lince, Jesús María, Magdalena, San Isidro, Miraflores, Chorrillos and Santiago de Surco, says the director of the Invertir Institute.
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