Sector Inmobiliario en Lima Metropolitana

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    ]HMS@Q KDF@AKBKGQK@ HD

    BKFG FHSQ@U@BKSGDGGDBK]K] CH UQHMK@], @JHQSG [ CHFGDCG

    CH]MQKUMKD AQHZHBg hckjkmgmkd ch vkvkhdcgs hd BkfgFhtr`p`bktgdg ig gufhdtgc`, shtkhdh quh hd hb 1571 sh hxpgdck75.;%. Hstg hxpgdskd chb shmt`r igvhdkc` gm`fpggcg p`r udkfp`rtgdth kdmrhfhdt` ch b`s mr!ckt`s

    ikp thmgrk s `t r"gc`s p r bgshdtkcgchs jkdgdmkhrgs, p`r bgchfgdcg kdsgtksjhmig, htm#

    BHDKD S@QQH]GM@]SG155;3888J

    KDJ@QFH] SMDKM@]

    OXBK@ - 157=

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    ]HMS@Q KDF@AKBKGQK@ HD BKFG FHSQ@U@BKSGDGGDBK]K] CH UQHMK@], @JHQSG [ CHFGDCG

    7. QH]XFHD

    Bg m`dstrummkd ch vkvkhdcgs pgrg bg vhdtg hd Bkfg sh hxpgdck 75.;% hd1571, ud rktf` f$s f`chrgc` quh hb g` gdthrk`r &'%(. )`r rgd"` chprhmk`s, bg gmtkvkcgc hckjkmgc`rg m`d jkd rhskchdmkgb hstuv` m`dmhdtrgcg hdbgs udkcgchs ch vgb`r fhckgd` * gbt`, fkhdtrgs quh sh sk"uh rh"kstrgdc`hsmgsh+ hd b`s sh"fhdt`s ch fhd`r vgb`r.

    )`r `tr` bgc`, hb rktf` ch mrhmkfkhdt` ch bgs duhvgs udkcgchs vhdckcgsrh"kstr fg*`r bhdtktuc, gb hxpgdckrsh 1,% hd 1571 -,% hd 1577(. Hst`,/udt` m`d bg fg*`r m`dstrummkd ch vkvkhdcgs, "hdhr udg hxpgdskd ch bg`jhrtg cksp`dkbh ch 15,%. skfksf`, udg fg*`r pr`p`rmkd ch hstgs

    udkcgchs vkhdhd rh"kstrgdc` ud phr`c` ch vhdtg fg*`r g shks fhshs.

    Hd mugdt` g b`s prhmk`s, hb vgb`r chb fhtr` mugcrgc` hd Bkfg sh hbhv17,1% kdthrgdugb hd =38(. )`r +`dgs "h`"r$jkmgs, juhr`d b`s ckstrkt`s m`dfg*`rhs kd"rhs`s ` f$s mgr`s ch Bkfg b`s quh rh"kstrgr`d fg*`rhs gb+gs,b` quh hs m`dsksthdth m`d hb chspbg+gfkhdt` ch bg chfgdcg igmkg vkvkhdcgsch fg*`r vgb`r. phsgr ch hsth gufhdt`, hb dckmh ch gshqukkbkcgc prhmk`ch bg vkvkhdcg : kd"rhs`( sh ukmg hd ud dkvhb skfkbgr gb quh rh"kstrgg hdtrh155; * 1575. 3kd hfgr"`, sh pr`cu/` udg mgcg hd bg rhdtgkbkcgc chgbqukbgr udg vkvkhdcg, ch ,

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    1. KDSQ@CXMMKD

    8hsch hb 1551, bg hm`d`fg phrugdg vkhdh rh"kstrgdc` udg sbkcg jgsh chhxpgdskd, quh, hd b`s 2btkf`s g`s, sh ig rhjbh/gc` hd udg gmhbhrgmkdkfp`rtgdth hd hb pr`mhs` ch "hdhrgmkd ch hfpbh` j`rfgb hb hfpbh`

    urgd` vkhdh mrhmkhdc` g tgsgs suphrk`rhs gb k( hbgufhdt` ch b`s kd"rhs`s ch bgs jgfkbkgs, kk( fg*`rhs jgmkbkcgchs mrhcktkmkgspgrg gcqukrkr udg vkvkhdcg tgsgs ch kdthr!s f$s g/gs * fg*`rhs pbg+`s(6 *kkk( hb c!jkmkt igktgmk`dgb quh hxksth hd )hr2.

    )`r hb bgc` ch bg `jhrtg, hb shmt`r kdf`kbkgrk` sh fuhstrg gtrgmtkv` chkc` g>k( bg rhdtgkbkcgc quh `jrhmh * kk( bg fg*`r pr`p`rmkd ch vkvkhdcgs quh shvhdchd gdths ch thrfkdgcgs, b` quh rhcumh hb m`st jkdgdmkhr` chb

    m`dstrumt`r.

    Bg `jhrtg kdf`kbkgrkg, skd hfgr"`, sh ig hdj`mgc` prkdmkpgbfhdth hd bgpr`vkskd ch vkvkhdcgs pgrg bgs jgfkbkgs ch kd"rhs`s fhck`s * gbt`s, g phsgrch quh hb fg*`r c!jkmkt igktgmk`dgb sh `shrvg hd bgs jgfkbkgs ch fhd`rhskd"rhs`s.

    @AOHSKZ@]

    1..7. @aohtk! "#k$%k"&'

    dgbk+gr bg hv`bumkd prhmk`s, `jhrtg * chfgdcg ch vkvkhdcgs hdBkfg Fhtr`p`bktgdg.

    1..1. @aohtk!( h("h%)*k%!(

    Hxp`dhr ch fgdhrg chtgbbgcg bg sktugmkd kdf`kbkgrkg chb 1571.

    dgbk+gr bg sktugmkd kdf`kbkgrkg chb prkfhr trkfhstrh chb 157&.

    Hstgbhmhr kdckmgc`rhs chb shmt`r kdf`kbkgrk`.

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    +. GDBK]K] [ QH]XBSGC@]

    ]KSXGMKD 171

    Ch(t&%- h' %#h%kkh$t! /h '& %!$(t#5%%k-$ /h kkh$/&( /h "#h%k!(

    k$th#h/k!( &'t!(

    Hb d2fhr` ch vkvkhdcgs m`dstrukcgs pgrg bg vhdtg ch Bkfg sh hxpgdck75,;% hd 1571, ud rktf` fhd`r gb &'% rh"kstrgc` hb g` prhvk`. )`rvgb`r, bg gmtkvkcgc hckjkmgc`rg f`str ud fg* r ckdgfksf` hd bgm`dstrummkd ch vkvkhdcgs ch prhmk`s kdthrfhck`s * gbt`s, hd tgdt` quhbgs ch prhmk`s fhck`s * g/`s rh"kstrgr`d chsmhds`s vhr 4r$jkm` 90 7(.

    #=*k%! D3 7

    Euhdth> ?)H?G

    dkvhb "h`"r$jkm`, chstgm hb juhrth kdmrhfhdt` ch bgs udkcgchsm`dstrukcgs hd hb ckstrkt ch th, hd tgdt` quh 3urm` * Fkrgjb rhsfgdtuvkhr`d su kfp`rtgdmkg rhbgtkvg vhr 4r$jkm` 90 1(. B`s ckstrkt`s chFg"cgbhdg * hb ?hrmgc` ch Bkfg tgfk!d rh"kstrgr`d ud juhrth gvgdmh.

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    #=*k%! D3 1

    Euhdth> ?)H?G

    H' #kt! /h h$t&( *5h &'8! =( 'h$t!, "!# '! :5h (h

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    chfgdcg hjhmtkvg prhjkhrh udkcgchs ch ud prhmk` fhd`r g =38 -5 fkb,s`b` hb -,5% ch bg `jhrtg sh ckrk"h g hsth sh"fhdt`. skfksf`, gudmugdc` bg `jhrtg tkhdh udg gbtg m`dmhdtrgmkd hd vkvkhdcgs ch hdtrh=38 -5 fkb * =38 755 fkb, hstg hs suphrgcg p`r bg chfgdcg hd mgsk 7&vhmhs.

    #=*k%! D3 +

    Euhdth> ?)H?G

    Hd hsth shdtkc`, bg hsmgsh+ ch suhb`s shrg hb prkdmkpgb bkfktgdth pgrghxpgdckr f$s r$pkcgfhdth bg `jhrtg hd b`s sh"fhdt`s ch vgb`r g/` *fhck . Hst` hstgrg vkdmubgc` m`d bg jgbtg ch shrvkmk`s ch g"ug *chsg"Mh, p`r ud bgc`, * m`d bg jgbtg ch pbgdhgfkhdt` urgd`, p`r hb `tr`.

    Hd mugdt` gb prkfhr jgmt`r, 3H8)B hfprhsg hstgtgb hdmgr"gcg ch bgckstrkumkd chb g"ug * hb sgdhgfkhdt` hd Bkfg( d` muhdtg m`d b`srhmurs`s jkdgdmkhr`s pgrg bbhvgr g chbgdth ud pbgd ch `rgs ch "rgdhdvhr"gcurg. Hd hsth shdtkc`, hs p`sktkv` hb rhmkhdth gdudmk chbFkdkstr` ch Ckvkhdcg ch chstkdgr 3:. ;55 fkbb`dhs =38 &

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    )grg hb mgs` ch b`s pr`*hmt`s kdf`kbkgrk`s ch "rgd hdvhr"gcurg, ud`st$mub` ur`mr$tkm` gckmk`dgb hs hb ch bg chf`rg * cksmrhmk`dgbkcgc hdbg gpr`gmkd ch b`s Hstuck`s ch fpgmt` fkhdtgb Hs(. 8h gmuhrc`m`d Fhckdg * Chrg Auchbg 1571(, gud mugdc` hb pbg+` bh"gb pgrg su

    gpr`gmkd hs ch 715 cgs i$kbhs, hsth pr`mhckfkhdt` puhch t`fgrigstg 75 fhshs. chf$s, hb pr`mhckfkhdt` pgrg hstgbhmhr hb gbmgdmhch bg kdj`rfgmkd rhquhrkcg d` hs trgdspgrhdth. Hd hsth shdtkc`, g phsgrch hxkstkr trhs d rfgs bh"gbhs quh rh"bgfhdtgd hb H, dkd"udghstgbhmh m`d mbgrkcgc b`s mrkthrk`s quh chthrfkdhd hb tkp` ch hstuck`quh sh chh bbhvgr g mg`.

    H' "#h%k! /h' ht#! %5&/#&/! (k85k- h$ &(%h$(!, (!a#h t!/! h$ '!(/k(t#kt!( t#&/k%k!$&'h( /h Bk&

    Hd 1571, hb prhmk` pr`fhck` chb fhtr` mugcrgc` hd Bkfg sh hbhv

    17,1% kdthrgdugb hd =38(, fg*`r gb kdmrhfhdt rh"kstrgc` hb g`prhvk` -,-%, vhr 4r$jkm` 90 -(. ?gh shgbgr quh hstg thdchdmkg m`rud fg*`r ckdgfksf` chsch hb thrmhr trkfhstrh ch 1577, buh"` chmubfkdgc` hb phrk`c` hbhmt`rgb * hd ud m`dthxt` ch fg*`rhs kd"rhs`sjgfkbkgrhs. Hd t!rfkd`s rhgbhs duhv`s s`bhs g/ustgc`s p`r kdjbgmkd(, b`sprhmk`s ch bgs vkvkhdcgs sh kdmrhfhdtgr`d 71,1%, * g2d sh fgdtkhdhdp`r chg/` chb pkm` quh gbmgd+gr`d hd hb g` 1555 vhr 4r$jkm` 90 -(.

    #=*k%! D3 ;

    Euhdth> ?)H?G

    ?gh shgbgr quh hb gufhdt` ch b`s prhmk`s ig skc` ihthr`"!dh` hdtrhbgs ckstkdtgs +`dgs ch Bkfg. s, hb gb+g pr`fhck` hd bgs +`dgs A`p *F`chrdg ch Bkfg hs fg*`r g &5% hd =38, hd tgdt` quh hd bg +`dg

    ?hdtr` sh rh"kstr ud kdmrhfhdt` ch 1',-%. Hd m`dtrgsth, b`s prhmk`s

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    pr`fhck` hd b`s ckstrkt`s chb Hsth * 9`rth sh fgdtuvkhr`d rhbgtkvgfhdthhstgbhs vhr 4r$jkm` 90 -(.

    Hstg hv`bumkd hs m`dsksthdth m`d hb chspbg+gfkhdt` ch bg chfgdcgigmkg vkvkhdcgs ch fg*`r vgb`r, b` quh hst$ hd bdhg hd"r`sgfkhdt` chbg mbgsh fhckg quh sh ig cgc` hd b`s 2btkf`s g`s. s, fkhdtrgs quh bg

    chfgdcg ch vkvkhdcgs ch prhmk`s fhd`rhs g =38 15 fkb mg* g fhd`sch bg fktgc hdtrh 1577 * 1571, bg chfgdcg ch vkvkhdcgs hdtrh =38 -5fkb * =38 755 fkb sh cupbkm. Hd hb mgs` ch bgs vkvkhdcgs ch prhmk`sf$s gbt`s, bg chfgdcg pr$mtkmgfhdth sh trkpbkm, gudquh su dkvhb hst`cgvg rhbgtkvgfhdth g/` vhr 4r$jkm` 90 ?)H?G

    H' &5h$t! /h "#h%k!( $!

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    Euhdth> ?)H?G

    ]KSXGMKD 17+2 UQKFHQ SQKFH]SQH

    @*h#t& /h kkh$/&

    Bg `jhrtg ch vkvkhdcgs hd Bkfg Fhtr`p`bktgdg juh ch 7;,;; udkcgchsudkcgchs cksp`dkbhs gb mkhrrh chb 1571 f$s kd"rhsgcgs hd hb 7A 157&(,

    75.7% fhd`s quh hb g` gdthrk`r m`d 11,1&7 hd ud phrk`c` skfkbgr. bmkhrrh chb trkfhstrh hb t`tgb cksp`dkbh Lpgrg bg m`fprgL hd hb fhrmgc` hsch 7-, udkcgchs kdf`kbkgrkgs.3`bgfhdth curgdth hb 7hr Arkfhstrh chb 157& bg `jhrtg kdf`kbkgrkg chvkvkhdcg Ifubtkjgfkbkgr duhvgL juh ch 7;,

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    rh"kstrgc` m`dtkhdh & udkcgchs * hb f$s "rgdch 7,7

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    Arkfhstrh chb 1571 g` gdthrk`r( juh ch 5.-; vhr cgt`s hd hb mugcr`kdjhrk`r(.B`s rh"kstr`s ch mrhmkfkhdt` hd mugdt` gb d2fhr` ch vhdtgs hdtrh udshfhstrh * `tr`, juhr`d ch>

    &A 1575 > O75.1% &,-< g &,'1; udkcgchs(

    -A 1575 > O75.&% &,'1; g -,177 udkcgchs(7A 1577 > L7-. O

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    93H > Bgs vhdtgs pgrg hsth shmt`r rhprhshdtgd ud O&-.-% 3:. 7, L77.% 3:. 7,' L5.&% 3:. 7,' L7;.1% 3:. 7,

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    Qkt! /h h$t&(

    Bg vhb`mkcgc ch vhdtgs pr fhck` fhdsugb ch bg mkucgc ch BkfgFhtr`p`bktgdg pgrg hb )rkfhr Arkfhstrh chb 157& juh ch 7,& A93 )HJ= 3?

    +..7. KDCKMGC@QH] CHB FHQMGC@ KDF@AKBKGQK@ 17+2S7

    Fh/k&$&( t#kh(t#&'h( /h '!( "#h%k!( /h /h"t&h$t!( h$h$t& h$ /k(t#kt!( /h' ]h%t!# G't!

    dmbu*h b`s prhmk`s ch chpgrtgfhdt`s hd vhdtg ch b`s ckstrkt`s chBg F`bkdg, Fkrgjb`rhs, 3gd skcr`, 3gd `r/g * 3urm`.B`s prhmk`s p`r fhtr` mugcrgc` ch b`s mkdm` ckstrkt s ch bgfuhstrg, hd s`bhs m`dstgdths, igd gmufubgc` udg vgrkgmkd ch-, p`r mkhdt` hdtrh hb prkfhr trkfhstrh ch 7;;' * hb prkfhr

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    trkfhstrh ch 157&. B`s prhmk`s hd hb prkfhr trkfhstrh ch 157&gufhdtgr`d 7,- p`r mkhdt` rhsphmt` gb prkfhr trkfhstrh ch 1571 *,7 p`r mkhdt` rhsphmt` gb mugrt` trkfhstrh ch 1571.

    #=*k%! D3

    Euhdth> ?J)

    B`s prhmk`s hd cbgrhs d`fkdgbhs prhshdtgd ud kdmrhfhdt`gmufubgc` ch 7',& p`r mkhdt` hd t`c` hb phrk`c`. Hd hb prkfhrtrkfhstrh ch 157&, b`s prhmk`s hd cbgrhs mrhmkhr`d ,5 p`r mkhdt`

    rhsphmt` gb trkfhstrh gdthrk`r * 1-,< p`r mkhdt` rhsphmt` gb fksf`trkfhstrh chb g` 1571.

    #=*k%! D3 7

    Euhdth> ?J)

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    Fh/k&$&( t#kh(t#&'h( /h '!( "#h%k!( /h /h"t&h$t!( h$h$t& h$ /k(t#kt!( /h' ]h%t!# Fh/k!

    pgrtkr chb 2btkf` trkfhstrh ch 155 sh muhdtg m`d `shrvgmk`dhsch prhmk`s ch chpgrtgfhdt`s hd vhdtg hd b`s ckstrkt`s ch hs2s

    Fgrg, Bkdmh, Fg"cgbhdg, )uhb` Bkrh * 3gd Fk"uhb, b`s quhm`dj rfgd hb 3hmt r Fhck . 3h mgbmubgr`d bgs fhckgdgstrkfhstrgbhs ch b`s prhmk`s hd cbgrhs * hd duhv`s s bhsm`dstgdths ch 155;.

    Hdtrh hb mugrt` trkfhstrh ch 155 * prkfhr trkfhstrh ch 157&, b`sprhmk`s hd s`bhs m`dstgdths gmufubgr`d udg vgrkgmkd chb '',1p`r mkhdt , fkhdtrgs quh b`s prhmk`s hd cbgrhs sh igdkdmrhfhdtgc` 7 ?J)

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    #=*k%! D3 71

    Euhdth> ?J)

    K$/k%&/!# /h G':5k'h#h( /h K$5ha'h(

    8hsch hb g` 1575 sh hbg`rg ud kdckmgc`r ch gbqukbhrhs chchpgrtgfhdt`s pgrg b`s 75 ckstrkt s m`d fg*`r ckdgfksf`kdf`kbkgrk` ch b`s shmt`rhs gbt` * fhck`.Hd hb 3hmt`r bt` sh gbmgd+g ud prhmk` ch =3 ;, p`r f1 hd hbprkfhr trkfhstrh ch 157&, suphrk`r hd &,- p`r mkhdt` rhsphmt` gb

    chb prkfhr trkfhstrh ch 1571. Hd hb 3hmt r Fhck , hb gbqukbhrgsmkhdch g =3 ',5 p r fhtr` mugcrgc` f1( hd hb prkfhrtrkfhstrh ch 157&, fg*`r hd 1,7 p`r mkhdt` gb m`rrhsp`dckhdth gbprkfhr trkfhstrh ch 1571.

    #=*k%! D3 71

    Euhdth> ?J)

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    Q&tk! U#h%k! /h h$t& K$8#h(! "!# &':5k'h# &$5&' UHQ

    Hb rgtk` prhmk` ch vhdtg rhsphmt` gb kd"rhs` p`r gbqukbhr gdugb)HJ p`r sus sk"bgs hd kd"b!s( fuhstrg hb d2fhr` ch g`s quh shthdcrg quh gbqukbgr ud kdfuhbh pgrg rhmuphrgr hb vgb`r ch

    m`fprg.Hs kfp`rtgdth chstgmgr quh pgrg m`dstrukr b`s rgtk`s prhmk` :gbqukbhr p`r ckstrkt` sh m`dstgtg quh b`s kdfuhbhs m`dskchrgc`s hdhb m$bmub shgd m`fpgrgbhs hd t!rfkd`s ch su ukmgmkd *hxthdskd. Hb rgtk` g"rh"gc` pgrg Bkfg Fhtr`p`bktgdg sh hstkfgt`fgdc` hb pr`fhck` ch b`s rgtk`s ch b`s ckstrkt`s.b prkfhr trkfhstrh ch 157&, hb prhmk` ch gcqukskmkd ch udchpgrtgfhdt` hqukvgbh hd pr`fhck` gb kd"rhs` pr`vhdkhdth ch7

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    ;. M@DMBX]K@DH]

    Bg m`dstrummkd ch vkvkhdcgs pgrg bg vhdtg hd Bkfg sh hxpgdck75.;% hd 1571, ud rktf` f$s f`chrgc` quh hb g` gdthrk`r &'%(.)`r rgd"` ch prhmk`s, bg gmtkvkcgc hckjkmgc rg m`d jkd rhskchdmkgb

    hstuv` m`dmhdtrgcg hd bgs udkcgchs ch vgb`r fhckgd` * gbt ,fkhdtrgs quh sh sk"uh rh"kstrgdc` hsmgsh+ hd b`s sh"fhdt`s chfhd`r vgb`r. Hd hb prkfhr trkfhstrh chb 157& bg `jhrtg kdf`kbkgrkg juhch 7;

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    B`s @muhbb`s ch `thbbgU quh igd "hdhrgc` fhd`r mrhmkfkhdt` ch bgs

    vhdtgs fu* pr`gbhfhdth sh g"uck+gr$d hd hb 157&, hdtrh hbb`s bgjgbtg ch g"ug * chsg"Mh, p`r b` quh bgs vhdtgs j`rfgbhs hd Bkfgp`crgd kdmbus` rhcumkrsh hd hsth g`, m`d b` quh sh r`fphrg udg

    thdchdmkg p`sktkvg quh vkhdh chsch hb g` 155. B`s pr`bhfgshst$d hd bg "hdhrgmkd ch `jhrtg * d` hd bg chfgdcg.

    B`s kdckmgc`rhs kdf`kbkgrk`s * bg hv`bumkd ch prhmk`s d`s hstgrgdkdckmgdc` quh d` hxksth udg uru/g kdf`kbkgrkg hd BkfgFhtr`p`bktgdg, b`s prhmk`s hst$d gm`rchs gb prhmk` ch hqukbkrk` *hst`s m`fpgrgc`s m`d hb rhst` ch f!rkmg Bgtkdg hd m`dckmk`dhs chpgrkcgc chb p`chr gcquksktkv` hs hb f$s g/`.

    ?. QHJHQHDMKG] AKABK@QJKMG]

    Fhrmgc` ch `jhrtg ch vkvkhdcg duhvg> Bkfg Fhtr`p`bktgdg * ?gbbg`,dj`rfh ch m`*udturg kdf`kbkgrkg prkfhr trkfhstrh chb 157&. A93)HJ= 3?.

    9`tg 90 1;, 9`tgs ch hstuck`s chb ?J), ?J). Fg*` chb 157&.

    Hb fhrmgc` ch vkvkhdcg hd hb 157&, =dkvhrskcgc Jkmgrc` )gbfg.

    Jhvkstg 90 5, E`dc` FCCH98 3. 8kmkhfrh chb 1571.

    3ktugmkd kdf`kbkgrkg 1571, C Jhshgrmi.

    >. GDH@]

    D!tk%k&(

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