2-bedroom apartment in Jesús María, Lima: yields (2026)
n = 645 Airbnb listings · 294 sale listings · source: urbania.pe + airroi · as of 2026-09-17 · methodology →
A 2-bedroom in Jesús María is an Airbnb play, and the gap is not subtle: roughly 8.9% gross against about 6.9% long-term. Two points is the kind of margin that survives a bad month or two, which is more than you can say for most districts where the two numbers sit close together.
Both of those are gross. The long-term figure subtracts property tax, arbitrios, rental income tax and a 3% vacancy allowance, and it does not subtract mantenimiento, because in a Lima long-term let the tenant pays that. The Airbnb figure subtracts the platform fee, host-paid utilities and internet, income tax, mantenimiento, property tax and arbitrios. The owner self-manages on both sides, so no management fee comes off either number.
That cost split is the whole argument. On a long-term let the tenant carries mantenimiento; on Airbnb you carry it yourself, along with the utilities and internet, and no guest reimburses you. You are being paid for that, and the roughly 8.9% is what the payment looks like before you count your own hours.
So who does this suit? Someone who wants the higher gross and will actually run the flat: answer the messages, handle the turnover, keep the listing alive. If you would rather hand over keys and forget it, the about 6.9% long-term is the honest number, and it is a fine one. What you should not do is buy on the Airbnb figure and then run it like a long-term let.
The data here is thin. These are gross yields for one size in one district, held steady between real moves, and they say nothing about what you pay to buy in or what the flat costs to furnish. Treat them as a starting point for your own numbers, not a verdict. Not investment advice.