Peru is experiencing a significant increase in the horizontal housing market, establishing itself as an attractive option not only for buyers seeking a new way of living but also for local and foreign investors due to its potential for profitability, flexibility in design, outdoor spaces, portfolio diversification, and stability in demand.
In this article, we will analyze the reasons behind this growing trend.
But first things first...
What is horizontal Housing?
A horizontal dwelling is a residential construction developed on a single level. Unlike vertical dwellings, it does not have upper or lower levels.
In terms of architectural design, horizontal housing offers flexibility and the opportunity to integrate common areas, such as parks or recreational zones, for the enjoyment of residents.
It is worth mentioning that countryside condominiums can also be horizontal dwellings, as they refer to residential units in condominium developments where owners share common areas and enjoy the privacy of their own living space on a single level.
Reasons why horizontal housing attracts the attention of investors
1. Competitive prices
Horizontal housing in Peru has become an attractive option for investors due to its competitive prices.
These properties often have a lower cost per square meter compared to vertical housing or apartments. This cost difference has been highlighted by experts such as Arturo Yep, a renowned Peruvian architect who points out, 'This is due to various factors, such as the lesser amount of necessary construction materials and the location in less congested or more distant areas from urban centers.'
The competitive pricing of horizontal housing provides investors with the opportunity to achieve a higher return on investment and expand their real estate portfolio without having to commit large sums of money.
2. High demand and accelerating sales
Another reason why horizontal housing in Peru attracts the attention of investors is the accelerated pace of sales they experience.
These properties tend to have high demand in the real estate market, translating into quick sales and greater liquidity for investors.
The lifestyle offered by horizontal housing, with its increased privacy and space, as well as the opportunity to enjoy outdoor areas, appeals to a broad segment of buyers, contributing to the fast pace of sales.
"The growing preference for living in quieter environments close to nature has increased the demand for horizontal housing in rural and countryside areas," mentions Jorge Loza, CEO of Ciudapolis, a Peruvian franchise with five real estate developments in different departments of Peru.
3. Common areas and sustainability: An attractive to investors in housing horizontal
One of the main reasons for the horizontal housing boom in Peru is the shift in lifestyle preferences.
Increasingly, people seek to escape the fast-paced urban life and desire to live in a more relaxed environment connected to nature.
Precisely, horizontal housing in Peru is often located in condominiums or residential complexes that offer common areas and amenities for the enjoyment of residents. These areas may include parks, pools, gyms, green spaces, playgrounds, and recreational spaces. The presence of these common areas and amenities adds additional value to the properties and attracts both buyers and investors.
The franchise peruvian Ciudapolis has carried out a thorough market research with the aim of designing condos that suit the needs and preferences of home buyers in Peru. Through this study, we have collected valuable data that reveal the common areas most requested by home buyers, condos.
- Swimming pools and areas of recreation-skiing: Are highly valued by the 80% of the purchasers, providing a space for relaxation and fun.
- Green areas and gardens: Approximately 70% of buyers prefer condos with spaces natural good care to stroll and relax.
- Children's play areas: Nearly 60% of shoppers believe it is important to have areas that are safe and equipped for children to play and socialize.
- Areas of fitness and fitness: Around 50% of the buyers will value having access to facilities for exercise and group classes without having to leave the condominium.
- Meeting rooms and social spaces: Approximately 40% of buyers appreciate the availability of spaces for organizing social events and meetings with friends and neighbors.
In summary, horizontal housing in Peru attracts the attention of investors for various reasons, such as its competitive pricing, fast pace of sales, and the presence of common areas.
These features offer interesting opportunities for investors looking to achieve a solid return on investment and diversify their portfolio in the Peruvian real estate market.
If you are considering investing in this type of property, we invite you to explore the techno-ecological condominiums of Ciudapolis, the first Peruvian real estate franchise, where you will find a unique combination of design, sustainability, and profitability in your investments.