From Peru To Cebu
Category:
Real estate, Posted:29 Apr 2012 | 06:00 am
Property figures into today's word watch, and an unlikely piece on Peru.
Experts estimate there are over 24,000 holiday homes on the southern coastline down past Lima.
Sales pace in resort project of 15 units a week? Hotel branded real estate. Apparently it's a property market on steroids
Development costs are not unlike our own Phuket, quoted in the piece at USD1,000 to 1,5000 per square meter.
As prices soar, rental returns are touted.
Seems down south in Peru,
Asia's stirring past decade resort property story is playing to the music.
SIGN UP FOR C9 INSIDER NEWS
Other News
Read more
C9 Hotelworks Releases Bangkok Serviced Apartment Market Update
Category: Hotels|Tourism, Posted:08 Mar 2025 | 09:17 am According to C9 Hotelworks new Bangkok Serviced Apartment Market Update 2025 report, operators are seeing a surge in short-term demand, despite a rising influx of expatriates. Bangkok’s serviced apartment market has expanded at a 6.2% compound annual growth rate (CAGR) over the past decade, driven by the expansion of international brands such as The Ascott […]Read more
