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Lima to Auction Land Plots Starting at S/ 108,000
๐Ÿ‡ต๐Ÿ‡ช Peru /Economy & Trade

Lima to Auction Land Plots Starting at S/ 108,000

From La Repรบblica · () Spanish

Translated from Spanish, summarized and contextualized by DistantNews.

At a glance

News Official statement New plan
  • Lima's Park Service (Serpar) will auction eight plots of land in five districts on August 7.
  • The land, suitable for residential and commercial use, ranges from S/ 108,707 to S/ 3.7 million.
  • Proceeds will fund improvements to metropolitan parks and services.

The Service of Parks of Lima (Serpar) announced its third national call for a public auction of eight land plots located in five districts of the capital. The auction, scheduled for August 7 at the Magic Water Circuit, offers parcels with base prices ranging from S/ 108,707 to S/ 3.7 million. These properties, suitable for both residential and commercial purposes, are available to individuals and companies interested in real estate investment. Serpar confirmed that all lots have clear legal titles and physical sanitation, providing legal security for buyers. The funds generated from the auction will be reinvested into strengthening the infrastructure and services of Lima's metropolitan parks and clubs. Interested parties must purchase the bidding documents by August 6 for S/ 50 and provide a 5% deposit of the base price, along with other required documents. Three of the plots are in Carabayllo, two in Miraflores, and one each in Pachacรกmac, La Molina, and Santiago de Surco.

DistantNews Editorial

Originally published by La Repรบblica in Spanish. Translated, summarized, and contextualized by our editorial team with added local perspective. Read our editorial standards.