Buying Land In Peru 〈HIGH-QUALITY — 2024〉

: An 18% tax applies if purchasing directly from a developer for the first time.

: The notary submits the deed to SUNARP. You are not the legal owner until your name is recorded in the registry. Costs and Taxes (2026 Estimates)

: A lawyer drafts this private document outlining the terms, price, and payment conditions.

Buying land in Peru is a relatively open process for foreigners, who enjoy the same property rights as locals under the Peruvian Constitution. You can legally purchase titled land as a tourist without needing residency, provided the property is not within . Essential Legal Steps

: If you are in Peru on a tourist visa, you must obtain a special permit from Migraciones (Immigration) to legally sign contracts.

: Budget roughly 2% to 4% of the purchase price for notary fees, registry fees, and legal services.

: Generally 3% of the sale price (minus a small exempt threshold), paid by the buyer.

: A notary public elevates the minuta to a public deed after verifying identities and proof of payment.