Marked differences between neighbourhoods
Safety, build quality, rental momentum: the performance of an investment depends above all on a well-judged choice of location, an exercise that requires an in-depth, up-to-date knowledge of the ground.
Urban growth
A metropolis of nearly 11 million people, in full transformation
Lima is today one of the largest urban areas in Latin America. Driven by an expanding middle class and major infrastructure projects (the extension of the metro network, the modernisation of Jorge Chávez international airport, new business hubs in San Isidro and Surco), the Peruvian capital is reshaping its territory, and its most sought-after residential neighbourhoods are gaining appeal year after year.
This urban momentum rests on an economy that, like any emerging market, has its own cycles, but retains solid fundamentals: openness to trade, a services sector in constant expansion in the capital, and a growing appetite for quality financial and real estate services.
~10.9 M
people in Greater Lima: about a third of Peru's total population
No. 1
economic centre of the country, concentrating most of its services and financial activity
New routes
metro extension and airport modernisation are opening up new residential hubs
Expanding
business and upscale residential districts in San Isidro, Surco and along the Costa Verde
Yields & rental demand
A price gap that works in the investor's favour
Rental potential
Yields that remain attractive against European standards
Compared with major European cities, the price per square metre in Lima's sought-after neighbourhoods (Miraflores, San Isidro, Barranco) remains markedly more accessible, while rents stay proportionally high. This gap translates into gross rental yields generally between 5% and 6.5% in neighbourhoods favoured by investors, while several Western European metropolises now post averages often below 3-4%.
Rental demand is also supported by several complementary profiles, which limits dependence on a single market segment:
- Young professionals and managers from a continually expanding services sector
- Students from the capital's leading universities and schools
- Expatriates on medium- or long-term assignments
- International travellers looking for a short or medium stay
Tourism & short-term rentals
A market driven by the strong return of international tourism
Lima is no longer just a stopover on the way to Machu Picchu: the city has established itself as a destination in its own right, carried by its globally celebrated food scene, its heritage and its coastal neighbourhoods.
+ 29 %
increase in international visitor arrivals between 2023 and 2024: a marked tourism rebound
14,000+
active short-term rental listings recorded in Lima on the major platforms
Top 2
Miraflores and Barranco account for a large share of short-term tourist demand
Year-round
a temperate climate and a rich cultural offering keep demand only mildly seasonal
Sources and estimates: aggregation of 2024-2025 market data (Peruvian tourism boards, short-term rental platforms, international real estate indices). Figures presented for guidance, subject to change and to be updated before any investment decision. Learn more about our methodology.
This market segment (quality travellers, short and medium stays, high expectations when it comes to hospitality) is precisely the one our partner Havenbnb Peru knows best. Once the property has been acquired, it is Havenbnb Peru that turns this opportunity into concrete rental income.
Way of life
Food, ocean and culture, every day
Quality of life
A capital that ranks among the continent's cultural and culinary references
Lima today enjoys a culinary reputation that reaches far beyond Peru's borders: the city regularly counts several addresses among the most acclaimed restaurants in Latin America, and a culinary art recognised as one of the most creative in the world. Add to that a listed historical heritage, an art scene undergoing a real renaissance, notably in Barranco, and a coastline, the Costa Verde, that runs alongside the city for miles.
The temperate year-round climate, the absence of extreme seasons, and a growing international community (expatriates, entrepreneurs, long-term travellers) make Lima a city where it feels increasingly natural to imagine settling down, whether for a stay or a new life.
Our approach
A promising market that deserves a rigorous approach
Like any emerging market, Lima's has its own particularities: significant differences from one neighbourhood to the next, a regulatory and tax framework to master, administrative procedures best handled with the support of professionals established on the ground.
A specific legal and tax framework
Notarial procedures, taxation applicable to non-residents, opening a bank account: these are all steps that go smoothly when handled with the support of professionals used to working with an international clientele.
Local guidance is essential
Finding a property is one thing; assessing its real potential, negotiating, securing the transaction and then putting it to work is quite another. That is precisely our role, in constant contact with our trusted network on the ground.