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Posted: 29 Apr 2012 | 6:00 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.
A column featuring environmental issues and conservation around the island. Click here for more Green Reports check out the latest story from the leading experts:
Vietnam's Vo Trong Nghia is continuing to attract worldwide attention over unique sustainable design.
Now here is a newly coined term on the environmental horizon - Parklet.
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