On March 5, 2026, the GRI Institute reported that Peru’s real estate market closed 2025 with significant growth, led by Lima, which recorded 24,713 homes sold—a 19% increase over the previous year. The value of these sales exceeded S/ 11,000 million. Arequipa and Piura have emerged as new regional development hubs.
This trend is notable as it positions Peru as one of Latin America’s most dynamic residential markets during a period when other regional economies experienced investor caution. The combination of stable prices—up just 3%—and increased volume suggests strong demand without inflationary pressure.
The infrastructure project portfolio for 2025-2026 exceeds US$ 15.8 billion, supported by public-private partnerships and overseen by the newly established Autoridad Nacional de Infraestructura (ANIN). Law No. 31841 created ANIN to centralize public infrastructure decision-making and execute landmark projects. Supreme Decree No. 096-2024-EF introduced standardized international contracts such as NEC and FIDIC for ANIN projects to reduce legal uncertainty for foreign operators.
Lima’s Class A office market ended 2025 with an 11.9% vacancy rate and no new supply, according to Cushman & Wakefield’s MarketBeat Lima Offices Q4 2025 report. In hospitality, Melia Hotels International will open a premium hotel in Lima’s Historic Center in July 2026.
International players are entering the Peruvian market: Spain’s Grupo Ortiz was awarded the operation contract for Villa El Salvador Emergency Hospital in July 2025, while Mexican firm GIA+A maintains strategic interest in Peru’s pipeline opportunities.
According to the GRI Institute, “Peru offers in 2026 a rare combination in Latin America: deep residential demand, an institutionalized public pipeline, international contractual standardization, and regional corridors with quantified housing deficits.”
