Investing in a 1-bedroom apartment in Pueblo Libre, Lima
Here are the numbers for a 1-bedroom in Pueblo Libre: about 8.7% gross yield on a long-term rental, versus roughly 1.0% gross if you run it on Airbnb. That gap is not subtle. Long-term is the stronger play, and it's not close.
An 8.7% gross yield is solid for Lima. Remember it's gross, so before you get excited, subtract maintenance, vacancy, property management if you use it, and taxes. The point isn't the exact net figure, it's that the long-term route starts from a much better base.
The 1.0% on Airbnb tells its own story. For a 1-bed in this district, short-term rental simply doesn't pay. Pueblo Libre is a residential, local area, not a tourist magnet, and the numbers reflect that. Unless you have a specific reason to believe otherwise, I wouldn't build a plan around nightly stays here.
Who does this suit? An investor who wants steady, hands-off income from a long-term tenant and isn't chasing the operational grind of short-term hosting. If you were hoping for Airbnb upside, this size in this district is not where you'll find it.
I don't have data here on prices, net returns after costs, or how the yield has moved over time, so treat this as a starting comparison, not a full case. This is not investment advice.
Related: Pueblo Libre overview · Best district by size