Surco: prices, rental yield & Airbnb income

Santiago de Surco is one of Lima's largest and most residential districts — leafy family neighbourhoods, gated communities, big malls and international schools, spread well back from the coast. It's where established local families live, so demand skews long-term and stable. Who buys here: investors after dependable long-term tenants and more space per dollar than the coastal core.

Long-term is where Surco earns its keep: a 4.6% net yield, after costs, on sale prices around USD 1,666 per m2 and rents near USD 10.26 per m2 per month. That is a solid, unspectacular number that reflects steady tenant demand in a residential district.

Airbnb is a different story, and a poor one. Across 21 tracked listings the gross yield is just 1.5%, on an average daily rate of USD 27.90 and occupancy of only 17%, which works out to about USD 1,723 in annual revenue before Airbnb-specific costs. Note that HOA fees alone run USD 272 a month.

Recent Airbnb occupancy

Occupancy peaks around December (~42%) and is quietest in May (~2%). Trailing months with enough data — Lima's short-term demand tracks the Dec–Feb summer.