Peru: House Prices, Rents, and Rental Yields
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Last Updated: Sep 16, 2008
Spectacular yields for Lima apartments
| Last Updated: Sep. 16, 2008 | |||||
| LIMA - Apartments | COST (US$) | YIELD (p.a.) | PRICE/SQ.M. (US$) | ||
| TO BUY | MONTHLY RENT | TO BUY | MONTHLY RENT | ||
| 120 sq. m. | 138,480 | 1,164 | 10.09% | 1,154 | 9.70 |
| 240 sq. m. | 279,120 | 2,434 | 10.46% | 1,163 | 10.14 |
| 420 sq. m. | 430,920 | 4,364 | 12.15% | 1,026 | 10.39 |
| Districts researched Barranco, Chorrillos, La Molina, Miraflores, San Isidro, Santagio de Surco Source: Global Property Guide Definitions: Data FAQ See also: Update Schedule |
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A 240 sq. m apartment in Lima costs about US$279,000. This can be rented out for around US$2,400 a month, giving the landlord an excellent yield of around 11%.
The average yield for Lima apartments ranging from 120 to 420 square metres is 10.9%.
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