Here is a list of the Top 10 Places for Discount and Tax-Free Shopping in Peru, perfect for tourists looking to save on local products, souvenirs, handicrafts, clothing, and more:
Gamarra Commercial District (Lima)
- One of South America’s largest textile markets. Offers massive discounts on clothes, shoes, and accessories. Great for budget shoppers looking for wholesale prices and local brands.
Polvos Azules Shopping Center (Lima)
- A famous market near the city center where you can find electronics, clothing, DVDs, cosmetics, and souvenirs at discounted prices. Bargaining is common and expected.
Inka Plaza Handicraft Market (Lima – Miraflores)
- Offers beautiful handmade crafts, alpaca clothing, jewelry, and souvenirs at negotiable prices. Good place for bulk shopping and artisan items at lower rates than tourist shops.
Centro Artesanal Cusco (Cusco)
- A large crafts market with a wide variety of textiles, ceramics, paintings, and Andean clothing. Many stalls offer discounts for multiple items or cash purchases.
San Pedro Market (Cusco)
- Popular for food items, textiles, and locally made crafts. Tourists often find lower prices here compared to more commercial souvenir shops in the main plaza.
Avenida El Sol (Cusco)
- Lined with artisan stores and cooperative shops where you can get traditional Andean items at better prices than luxury boutiques. Some shops offer tax refund options for tourists.
Handicraft Market (Arequipa)
- Located near the Santa Catalina Monastery, this market specializes in alpaca wool, embroidered items, and handmade jewelry. Prices are competitive and negotiable.
Fevacel Market (Lima – Surquillo)
- A lesser-known gem for discount souvenirs, handmade crafts, and authentic Peruvian products. Known for friendly vendors and lower prices than major tourist markets.
MegaPlaza Norte (Lima)
- A large shopping mall offering a mix of local and international brands. Check for seasonal sales and outlet stores inside for discounted fashion and electronics.
Larcomar (Lima – Miraflores)
- While known for high-end stores, Larcomar often features brand outlets and seasonal discounts. Some shops here also participate in VAT refund programs for tourists.
Tax-Free Tip:
Peru doesn’t have a national VAT refund system like some countries, but a few high-end stores and boutique shops in tourist areas offer VAT-free shopping or in-store discounts for foreign passport holders. Always ask at the time of purchase.