Mixed-use developments combine multiple types of spaces within one development, typically blending residential, commercial, and office areas.
Vertical mixed-use developments combine different uses of space stacked on top of each other in a multi-story building. Retail spaces might be on the ground floor, office spaces on the second and third floors, and residential units above.
Horizontal mixed-use developments are spread out over a larger area, typically in a low-rise configuration, often where a shopping mall is adjacent to residential houses, or an office park with restaurants and cafes nearby.
Live/Work developments are where people can live and work in the same building, often ideal for individuals with small businesses, artists, or entrepreneurs who prefer a short commute.
Retail-centric mixed-use developments are a mix of residential and office space, that can be shopping malls with residential units or offices located on upper floors, or mixed-use developments with a strong emphasis on entertainment and dining.
Commercial and residential integration aims to create effective work-life balance in a single location, allowing for a flexible living environment, and are often found in urban or suburban areas.
Mixed-use developments can take many forms, depending on the location, goals, and needs of the community, but they all share the common goal of creating dynamic spaces that foster interaction, reduce the reliance on cars, and enhance the quality of life for residents and visitors alike.
Why Buy or Invest in New Real Estate Developments in Peru.
Peru has seen consistent economic growth over the last two decades. The country has become one of the most stable and fastest-growing economies in Latin America. With a diversified economy (mining, agriculture, tourism), this economic expansion creates demand for both residential and commercial real estate developments.
Urbanization in Peru is on the rise. Cities like Lima, Arequipa, and Trujillo have seen an influx of people from rural areas seeking better job opportunities and living standards. As more people move to urban areas, the demand for quality housing increases, particularly in well-planned modern developments.
Peru is a top destination for international tourism, with landmarks like Machu Picchu and the Amazon rainforest attracting millions of visitors annually. As tourism grows, so does the demand for short-term rentals, hotels, and vacation homes in gated communities, which can make real estate a lucrative investment in tourist-heavy areas.
Foreign investors can buy property in Peru with relatively few restrictions. The country offers attractive returns for investors looking to diversify their portfolio, particularly in the real estate sector. Additionally, real estate tends to be a tangible asset, which is often seen as a safer investment during uncertain economic times.
