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The price per square meter in Modern Lima is a factor that directly impacts the decisions of all people who want to buy a home or land. If you have in mind to acquire an apartment for your family or to start investing in real estate in the near future, you need to know what the current value of this variable is.
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Do not forget that it is a value that is constantly changing, so it is necessary to keep abreast of its possible ups and downs. For this reason, at Nexo Inmobiliario we want to provide you with all the necessary information for you to choose your house in Modern Lima based on reliable information.
What is Modern Lima?
Maybe you didn't know, but when it comes to the real estate market and the products it offers, the capital is divided into six sectors: North Lima, South Lima, East Lima, Central Lima, Modern Lima and Top Lima. Each of these areas has different characteristics in terms of the type of properties they offer, their size and their cost.
Now, Modern Lima is a very attractive sector today. It includes areas with real estate that tend to appreciate thanks to the good economic situation of the districts that compose it. This area includes Lince, Surquillo, Jesús María, Magdalena del Mar, Pueblo Libre and San Miguel.
Cost per square meter in Modern Lima
Whether you are interested in buying a property in which to live with your family or you want to start investing in real estate , knowing the cost of the m2 in Modern Lima will be very useful for you. Here we show you the price per square meter and the average size of the homes in each of these districts.
Lynx
Price per m2: 6,104 soles
Average property area: 76.76 m2
Surquillo
Price per m2: 5,697 soles
Average property area: 66.03 m2
Jesus Maria
Price per m2: 5,654 soles
Average property area: 76.86 m2
Magdalena del Mar
Price per m2: 5,604 soles
Average property area: 76.73 m2
Free town
Price per m2: 5,190 soles
Average property area: 74.30 m2
San Miguel
Price per m2: 5,050 soles
Average property area: 74.25 m2
Highlights
From all the data that we have shown you, it is necessary to highlight that the average price per m2 in Modern Lima is 5,549 soles. To fully understand what this figure means we must put it in context.
For example, we can remember that the cost per m2 in Lima Top (an area that includes the most exclusive districts of the capital) is on average 7,844 soles. This allows us to better appreciate the difference in prices between one area and another.
Similarly, it is interesting to note that the cost of the lowest m2 in Modern Lima is 5,050 soles and corresponds to San Miguel. However, it is necessary to specify that this figure is not too different from that offered by Pueblo Libre, which is 5,190 soles. Both districts have on average the most economical zones in this sector.
On the other hand, it is necessary to pay attention to the fact that the area with the highest cost per square meter in Modern Lima is Lince. That comes as no surprise, as this district has seen significant economic development. In addition, it should not be overlooked that it borders San Isidro, which adds points of great exclusivity to the area.
Growth for 2020
The Association of Real Estate Companies of Peru ( ASEI ), which comprises most of the most important real estate companies in the country, recently revealed a study that details the growth of this sector at the end of last year and the expectations for this 2020.
To begin with, it is important to note that the sale price of properties at the end of last year showed a trend towards an increase. Of the total number of companies in this association, 38.4% have seen an increase of more than 2.5% in the value of their projects.
Likewise, 35.9% of the companies report an increase of more than 5% in the cost of their projects. Finally, 28.2% stated that they did not find a major fluctuation. This is really an upward trend, as 30% of companies saw a rise in property prices of more than 10% compared to 2018.
Considering all these antecedents, 39% of real estate companies expect that for this year the cost of sales of projects will increase to 2.5%. This would take shape over the course of the next six months.
Now you know the cost per square meter in Modern Lima . At Nexo we hope to have solved your doubts regarding this variable in the real estate sector. Select the area that suits you best and you will find the perfect property for your needs.
In Nexo Inmobiliario you can find the main real estate agencies in the country and their various projects. Are you looking for the ideal apartment, house, lot or office? Enter our official page and find your dream property just one click away.
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