Investment property: Peru
Peru is open to foreign buyers: under the constitution foreigners own property on the same terms as citizens.
The main market is Lima, above all the coastal districts of Miraflores, San Isidro and Barranco, where people buy flats to live in and to rent out. Prices and deals are often quoted in dollars, and title is registered in the National Registry.
What a foreigner can do
| Question | How it works |
|---|---|
| Ownership rights | the same as Peruvian citizens |
| Restriction | within 50 kilometres of the borders foreigners cannot own land unless permitted by a government decree |
| Buying through a company | possible, including through a Peruvian company |
| Residence | buying a home does not give it by itself; an investor needs to invest at least 500,000 soles in a Peruvian company |
Taxes and fees
| Payment | Rate |
|---|---|
| Purchase tax, paid by the buyer | 3% of the value above 10 tax units; the first 55,000 soles, ~$16,100, are not taxed |
| Annual property tax | 0.2% up to 15 tax units, 0.6% from 15 to 60, 1% above, on portions of the value |
| Local charges | for cleaning, parks and security, depending on the district |
| Tax on gains from a sale for a resident | 5% of the gain |
The tax unit for 2026 is 5,500 soles. Dollar amounts are converted at the Central Reserve Bank rate of 5 October 2026, 3.436 soles per dollar, and rounded up. The annual tax and local charges are paid to the district municipality.
We will calculate online the full purchase cost for your budget: taxes, fees and transaction costs.
How a purchase works
- Choice of property for the goal: a family home, rental, long-term investment.
- National Registry check: owner, mortgage, seizures, separate registration of the flat and parking space.
- Municipal certificates of no property tax and local charge debts.
- Preliminary agreement and deposit.
- Payment through a Peruvian bank: by law amounts above 2,000 soles or $500 go only through a bank.
- Deed before a notary, payment of the purchase tax and registration in the National Registry.
Buying a completed flat usually takes one to two months, and registry registration a few weeks.
Buying an off-plan flat
Lima has many projects where flats are sold before construction is finished. Before buying we check the building permit, the project's registration and which account receives the payments: in reliable projects the buyers' money is controlled by the bank financing the construction. A flat becomes a separate unit in the registry only after the building is completed and divided into flats, so we fix the timing of this step in the contract.
Rental and income
Income from renting out a home as an individual is taxed at an effective 5% of the rent, paid monthly. Rental demand is highest in districts where foreigners and company employees live. If you do not live in Peru, it is convenient to hand over letting and tax payments to a manager.
Risks to know about
- Lima is in a seismic zone: we check the year of construction, compliance documents and the building's condition.
- Some flats are not registered in the registry as separate units; buying them is harder and riskier.
- Property tax and local charge debts must be cleared before the deal.
- Purchase money must go through a bank with a documented source of funds.
What we do
Murblz specialists select a property for your goal, check it in the National Registry and with the municipality, prepare agreements and the source of funds file, open an account with a Peruvian bank, and support the notary deed and registration. If you need residence, we suggest a suitable basis. We fix the estimate in writing.
What we do
- Property shortlist for your investment goal
- Legal due diligence on the property
- End-to-end transaction support
- Ownership structuring (company, trust)
- Property management and letting
See also
Company formation · Business account · Personal account
FAQ
Can a foreigner buy property in Peru?
What taxes apply when buying property in Peru?
Does buying property give residence in Peru?
How do you pay for a flat in Peru?
What is the tax on rental income?
How much does deal support cost?
Don’t want to figure this out alone?
We handle the whole process end to end: we shortlist properties for your goal, run legal checks and support the deal through to registration. Ask your question in the chat: the free consultation starts right here. Legal representation before authorities and courts is handled by Murblz specialists together with locally licensed partners.
The Murblz consultant replies straight away in the chat on this page. Describe your situation and we will work it out together.
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