1-bedroom apartment in Miraflores, Lima: yields (2026)
n = 3,526 Airbnb listings · 1,603 sale listings · source: urbania.pe + airroi · as of 2026-09-17 · methodology →
A 1-bedroom in Miraflores is the one case in this district where the long-term let wins, and the gross numbers are the reason people get it wrong. Long-term comes in at about 6.5% and Airbnb at roughly 7.8%, a gap of about 1.4 points in Airbnb's favour. That is the number the brochures use. It is not the number you keep.
The long-term figure subtracts property tax, arbitios, rental income tax and a 3% vacancy allowance. The Airbnb figure subtracts the platform fee, host-paid utilities and internet, income tax, mantenimiento, property tax and arbitios. On a long-term let the tenant pays mantenimiento; on Airbnb the host does, and no guest reimburses them. That single line is where the 1.4-point gap goes.
You self-manage either way. Neither figure subtracts furnishing or fit-out, cleaning, turnover or consumables, or management fees, so do not treat the Airbnb number as what lands after you have paid someone else to run it. If you would hire a manager, the 7.8% is not your number.
So who does this suit? A 1-bed in Miraflores suits the buyer who wants a tenant and a quiet file: the long-term side is the stronger play here, and it is the one that survives contact with the costs. Take Airbnb only if you will genuinely run it yourself, because the margin over the tenant is thin and it is paid for in weekends.
The data here is thin on two things worth naming. These are gross yields, and the figures are held steady between real moves, so the tables on the page may show a slightly different exact value. Treat about 6.5% and roughly 7.8% as the shape of the market, not a quote. Not investment advice.