Larrauri spent one month on trial with the Bundesliga side last year.
Esther Grande de Bentin president Jaime Noriega said: “It’s an honour for us and a big satisfaction to see Pierre transferred to Bayern. This is part of our success too.
“Larrauri had also been eyed by Milan and Real Madrid because, not only is he an excellent player, he is also a great person. I think that he sets a very good example for the rest of the young Peruvian players.
“I am sure that he is going to take advantage of all the chances he wil be given.”