Gross rental yields in Peru: Lima and Arequipa
The average gross rental yield in Peru stands at 6.13% (Q4, 2024).
- Lima
- Arequipa
| Last Updated: Nov 18, 2024 | |||
| LIMA - Apartments | COST ($) | YIELD (p.a.) | |
| TO BUY | MONTHLY RENT | ||
| Barranco | |||
| Studio & 1-Bedroom | $127,122 | $680 | 6.42% |
| 2-Bedroom | $180,052 | $790 | 5.27% |
| 3-Bedroom | $300,000 | $1,100 | 4.40% |
| Chorrillos | |||
| 2-Bedroom | $92,000 | $450 | 5.87% |
| 3-Bedroom | $110,000 | $478 | 5.21% |
| La Molina | |||
| 2-Bedroom | $130,000 | $500 | 4.62% |
| 3-Bedroom | $170,000 | $761 | 5.37% |
| Miraflores | |||
| Studio & 1-Bedroom | $166,197 | $710 | 5.13% |
| 2-Bedroom | $219,000 | $1,000 | 5.48% |
| 3-Bedroom | $316,250 | $1,300 | 4.93% |
| 4+Bedroom | $490,000 | $3,200 | 7.84% |
| San Isidro | |||
| Studio & 1-Bedroom | $139,600 | $750 | 6.45% |
| 2-Bedroom | $248,786 | $1,000 | 4.82% |
| 3-Bedroom | $445,000 | $1,800 | 4.85% |
| 4+Bedroom | $705,000 | $2,950 | 5.02% |
| San Borja | |||
| 2-Bedroom | $186,369 | $709 | 4.57% |
| 3-Bedroom | $275,000 | $1,075 | 4.69% |
| 4+Bedroom | $410,000 | $1,925 | 5.63% |
| Surquillo | |||
| Studio & 1-Bedroom | $87,178 | $478 | 6.58% |
| 2-Bedroom | $113,840 | $610 | 6.43% |
| 3-Bedroom | $139,000 | $695 | 6.00% |
| Lima (all locations) | |||
| Studio & 1-Bedroom | $120,000 | $630 | 6.30% |
| 2-Bedroom | $153,000 | $760 | 5.96% |
| 3-Bedroom | $208,000 | $999 | 5.76% |
| 4+Bedroom | $369,000 | $1,950 | 6.34% |
| Lima avg. Rental Yields | 6.09% | ||
| AREQUIPA - Apartments | COST ($) | YIELD (p.a.) | |
| TO BUY | MONTHLY RENT | ||
| Arequipa (all locations) | |||
| 2-Bedroom | $111,000 | $650 | 7.03% |
| 3-Bedroom | $157,000 | $695 | 5.31% |
| Arequipa avg. Rental Yields | 6.17% | ||
| All yields are gross - i.e., before taxes, repair costs, ground rents, estate agents fees, and any other costs. Net yields (what you'll really earn) are typically around 1.5% to 2% lower. Source: Global Property Guide and Adondevivir |
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Peru's Historic Rental Yield Data
Research Methodology: To conduct this research, we searched for studio, 1-bedroom, 2-bedroom, 3-bedroom, and 4-bedroom apartments in the largest cities of Peru. We used the local real estate listing website for both buying and renting prices to determine the average gross rental yields (Monthly Rent x 12 / Purchase Price).
For instance, if the monthly rent is $500 and the purchase price is $100,000, the calculation would be: $500 (Monthly Rent) x 12 / $100,000 (Purchase Price) = 6% (Gross Rental Yield).