Today I attended a home show in Plaza San Miguel here in Lima. I am trying to decide if I want to eventually buy an apartment here. The expo was held in a nice shopping center in the working class neighborhood of San Miguel.
It was pretty much what I expected from a home show anywhere but with a little more shtick. Sexy girls in tight pants and costumed animal critters passed out brochures and balloons to folks as they talked to vendors.
There were even some demos set up to give you a feeling that you were in the apartment.
There were (mostly) apartments with some condos and stand-alone housing in neighborhoods from all around Lima. Most of the sellers seemed to focus on apartments in the $50,000-$100,000 dollar price range, that is to say lower middle class to middle class range for the most part.
What might surprise many people is that most pre-sells are much cheaper but you must purchase very far in advance. For example, most apartments now in pre-sell will not be move-in ready until the September-December 2012 time period. Something else interesting to note is that in Peru if you buy an apartment or rent an unfurnished one you will generally not have any appliances not even a stove. Everything comes separately.
I don’t know if I will ever purchase property but looking for a home in a new country is always an experience.