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Home values could go up in Lima Peru

Home values could go up in Lima Peru

Home values could go up in Lima PeruThe study also notes that Central Bank since mid-2006 until September of this year, the average price per m2 of apartments in Lima has increased by over 100%.

The growth of home values is such that it exceeded 16% the price of m2 departments was observed before the explosion of the global economic crisis, during which time property prices were undermined.

For Victor Saldaña, property manager Alfredo Graf, the trend in property prices is rising because demand is growing, partly because interest rates on mortgage loans are attractive.

But he warned that in the calculation of value should take into account the technical aspects when evaluating the properties, according to the current housing market. “Consequently, appraisers must manage information in day to day because the market is very dynamic,” he said.

http://gestion.pe/impresa/noticia/valor-viviendas-lima-podria-seguir-subiendo/2010-11-03/24670