Peruvian youth between the ages of 18 and 34 are the most interested in purchasing property today, according to data from platforms specializing in the real estate sector. QuintoAndar points out that this is due to a growing interest in exploring new forms of investment, and the real estate market is presented as a fairly attractive option.
The figures indicate that demand is fairly balanced between men (51%) and women (49%). The preferences of these young people vary depending on the area of Lima. In the most exclusive districts such as Santiago de Surco, Miraflores, San Isidro and La Molina, 21% prefer large houses of more than 160 m², while 20% opt for properties of between 101 and 130 m².
On the other hand, in Modern Lima, which includes districts such as Magdalena, San Miguel and Surquillo, people are looking for smaller homes. 39% are leaning towards houses between 61 and 80 m², and 18% prefer properties between 41 and 60 m². This reflects how living habits are changing, with more people working from home and sharing apartments with “roommates”.
In general, this movement in the real estate market shows that young people are leading the demand, and districts such as Jesús María and Pueblo Libre also show high demand. In addition, experts agree that the decrease in interest rates has been fundamental in boosting purchases.
