Community Residences Lima Near Me

4worldlovers: With the recovery of the real estate market in Peru in the last years real estate experts agree on the fact that the market is growing, with an expected higher profitability for investors.


Furthermore, since there are no governmental restrictions on foreign investment on Peruvian property investing in real estate in Peru is an attractive business model.

What makes the real estate market attractive is that recent legislation passed which greatly reduces the tax burden for non-domiciled owners, meaning foreigners. The capital gains tax for this group of owners of Peruvian real estate was reduced from 30% to 5%. Consequently, you are likely to pay significantly less in capital gains taxes from real estate as a foreigner in Peru than in many other countries.


Ultimately, it is all about finding a market that suits your individual objectives and hire an experienced real estate attorney who can advise and guide you through the process.

Premier Casa Peru real estate is a full service international company based in Lima, Peru, with a full range of real estate services, including property sales, commercial real estate, asset management, real estate tours and more, which specializes in long and short term sales and rentals within Lima Peru.

Premier Casa Peru provides the highest standards of quality and integrity in all transactions related to property sales, management and advisory services. Our reputation for uncompromising real estate professionalism in everything we do is earned day to day by serving our clients and earning their trust.

Whether you intend to buy a plot of land, a house, or a condo in Peru, there are key considerations of this process to help you formulate your investment plan.

Both foreign residents and nonresidents may buy real estate in Peru. Investment in Peru real estate property does not require government approval, unless such property is in vicinity of Peru's frontiers. Foreigners are restricted to own property that is close to government installations and military bases. Foreigners' ownership of real estate in Peru is generally absolute. It is common for expats to be represented by a real estate agent, as the whole process is more

Contact us for all your Peru real estate needs. Premier Casa Peru has a growing inventory of properties available for sale.

The land of Machu Picchu is an intriguing destination. Visitors are enchanted by Peru's scenic beauty and warmhearted people. Its pleasing weather and laidback, yet affordable lifestyle are added advantages, especially for senior citizens who are looking for a retirement haven. Meanwhile, Lima, Peru's cosmopolitan capital, has become a city of significant hub for entrepreneurs and professionals from around the world.

Working people often move to urbanized areas like Lima and Arequipa and normally choose to live in corporate housing. Furthermore, there is a diverse range of options: single-family homes, high-rise apartment buildings, and smaller suburban housing. Finding a property to rent can be quite challenging, which is why our expert term is ready to help you find one that is closest to your most liking. There are plenty of good rental options available in the city's best neighborhoods.

Renting an apartment in Lima tends to be costly in comparison to other Peruvian cities, depending on the neighborhood and state of the property. Keep in mind that the rent is generally higher if the property comes with furniture, electronics, and kitchen appliances.

Premier Casa is at your service. Contact us for all your rental needs in Peru.

According to Peruvian law, a maximum term of 10 years is established for all lease contracts. However, if the property is owned by the Peruvian state or an incapacitated citizen, the limit decreases to 6 years.

In regard to expired contracts, it is important to note that when the parties continue to act as if a contract were in force, this does not translate into a renewal of the contract on paper. Peruvian law merely considers this indeterminate contract to proceed under the same terms as the expired contract, until the tenant is requested to leave the premises by the landlord. By default, the tenant should receive a 1-month notice prior to the date of departure, and ask for the tenant to return the premises. Both parties are free to decide on a different notice period, as long as it is established in the contract.

These rules apply to either party when they wish to resolve a lease contract before the expiration of the contract: the resolving party must give prior notice of no less than 1 month, or on a mutually agreed timetable. It should be noted that neither party will incur in penalties upon resolution, unless established otherwise in the contract, which is not uncommon in case the tenant leaves before the term.