Buying Land In Peru -
: A lawyer drafts this private document outlining the terms, price, and payment conditions.
: Generally 3% of the sale price (minus a small exempt threshold), paid by the buyer. buying land in peru
: An 18% tax applies if purchasing directly from a developer for the first time. : A lawyer drafts this private document outlining
: Always verify the property's legal status via SUNARP (Peru’s Public Registry) to ensure there are no liens, encumbrances, or ownership disputes. : Always verify the property's legal status via
: A notary public elevates the minuta to a public deed after verifying identities and proof of payment.
: 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)
: Rates range from 0.2% to 1% of the property’s assessed value. Common Pitfalls and Regions