Free guide · Peru · Lima

The Lima market guide, before you sign anything.

Eight chapters on rental arbitrage in Lima: neighborhood rents and revenue, the rules that actually decide a deal, setup costs in soles, and a landlord pitch in Spanish. Written for US operators.

Format
Printable · 8 chapters
Updated
October 2026
Price
Free

ArbiBase · Market guide

Rental arbitrage in Lima.

Peru · 2026 edition8 chapters
What's inside

Eight chapters. No filler.

  1. 01
    The Lima market in one pageSupply, demand, seasonality and who books
    Ch. 1
  2. 02
    Neighborhood spreadsRent vs. revenue for Miraflores, Barranco, San Isidro, Surco
    Ch. 2
  3. 03
    Short-term vs. mid-term mathWhy mid-term wins at market averages, with worked examples
    Ch. 3
  4. 04
    The rules, layer by layerCivil Code consent, Ley 27157, district ordinances, REDAT
    Ch. 4
  5. 05
    How buildings decideReading a reglamento interno, getting an acta de junta
    Ch. 5
  6. 06
    Leasing as a foreignerDeposits, guarantors, currency, signing as an LLC
    Ch. 6
  7. 07
    Setup costs in solesFurnishing, utilities, internet and the first 90 days
    Ch. 7
  8. 08
    Landlord pitch, in SpanishA script and one-page proposal you can send
    Ch. 8
Ch. 02 · Neighborhood spreads2BR · USD
DistrictRentNightlyOcc.Spread
Miraflores$1,150$7065%1.2x
Barranco$1,200$7262%1.1x
San Isidro$1,100$6658%1.0x
Santiago de Surco$950$5552%0.9x
Mid-term, Miraflores$1,150—80%1.2x
A look inside

The numbers, district by district.

Every chapter ends with a decision: where the spread holds, what to check and what to walk away from.

  • Rent and revenue ranges for four pilot districts
  • A building-rules checklist you can send to the administrator
  • Worked short-term and mid-term P&Ls in soles and dollars
  • A Spanish landlord pitch and a one-page proposal

Preview figures: 2BR medians, trailing 12 months, ArbiBase estimates from third-party 2025 data (Airbtics and similar providers, which disagree by up to 2x).

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