Investing in a 3-bedroom apartment in San Isidro, Lima

Let me be blunt about the numbers for a 3-bedroom apartment in San Isidro. Long-term rental yields about 5.2% gross. On Airbnb, the same size runs about 1.7% gross. That's not a close call.

The gap tells a story. Short-term rentals mean more work, more turnover, and more variable occupancy, and for a three-bedroom in this district that effort simply doesn't pay off. A 5.2% long-term yield beating a 1.7% Airbnb yield by that margin means the tourist-and-short-stay math doesn't work here for a unit this size.

So the recommendation is straightforward: for a 3-bed in San Isidro, long-term is the stronger play. Find a stable tenant, sign a longer lease, and skip the hospitality business.

This suits an investor who wants steady, low-hassle income rather than someone chasing nightly rates. If your plan was to run this as an Airbnb, the numbers say reconsider.

One caveat: these are gross figures, so they don't account for management, maintenance, taxes, or vacancy. Your net will be lower on both. But the relative comparison still points the same way. This is not investment advice.

Related: San Isidro overview · Best district by size