Investing in a 2-bedroom apartment in San Isidro, Lima

The numbers for a 2-bedroom in San Isidro are not complicated. Long-term rental gives you about 6.1% gross. Put the same apartment on Airbnb and you're looking at roughly 2.5% gross. That's a big gap, and it points one direction.

Long-term is the stronger play here. At 6.1% versus 2.5%, the short-term route more than halves your gross yield. Remember these are gross figures, before management, maintenance, taxes, and vacancy, and Airbnb typically carries more of all of those. So the real-world gap is likely even wider than the headline numbers suggest.

San Isidro is a financial and residential district, which fits the long-term tenant profile more than the tourist-churn model. That's consistent with what the yields are telling you, though I'd note I'm reasoning from the two numbers here, not a full cost breakdown.

This suits someone who wants a steady, lower-hassle income stream and isn't chasing the operational grind of running a short-let. If you were counting on Airbnb to justify the purchase price in San Isidro, the 2.5% figure says reconsider.

This is data, not investment advice. Run your own costs before you commit.

Related: San Isidro overview · Best district by size