Is long-term rental worth it in Barranco?

Short answer: long-term rental in Barranco nets about 3.7% after costs. That's on a median asking price of $2,529 per square meter. So a 100 m² place runs you roughly $253,000, and 3.7% net on that is around $9,400 a year, or about $780 a month landing in your pocket after expenses.

Call it what it is: modest but steady. 3.7% won't make anyone rich, and it's below what you'd get parking money in plenty of safer instruments. But it's a real, passive return on a physical asset in a district people actually want to live in.

The trade-off is honest. You hand off the management, you don't chase tenants every few months, and you accept a lower yield in exchange for that quiet. For a hands-off owner, that's the deal on the table.

What I can't tell you from these numbers: vacancy rates, how fast prices are appreciating, or how Barranco compares to other Lima districts on the same basis. The 3.7% is already net of costs, but it's a single snapshot, not a forecast. This isn't investment advice -- run your own numbers before you commit.

Related: Barranco data · Is Lima a good investment?