How profitable are Airbnb rentals in Peru? (2026)

Running an Airbnb in Peru in 2026 is legal, but understanding the numbers separates profitable hosts from those who struggle.

This article breaks down Airbnb pricing, occupancy rates, expenses, and regulations across Peru's main markets including Lima, Cusco, and Arequipa.

We constantly update this blog post with fresh data on housing prices and short-term rental performance in Peru.

And if you're planning to buy a property in this place, you may want to download our pack covering the real estate market in Peru.

Who is the author of this content?

THE LATINVESTOR

A team specialized in real estate investing in LATAM countries

We are a team of financial experts, legal professionals, developers, and local real estate specialists dedicated to helping people like you avoid mistakes when investing in real estate in a foreign place, particularly in Peru. If you’d like to learn more about us, you can check our presentation page.

Can I legally run an Airbnb in Peru in 2026?

Is short-term renting allowed in Peru in 2026?

As of the first half of 2026, short-term renting through platforms like Airbnb is widely practiced and legal in Peru, with no nationwide ban preventing residential owners from hosting.

The main legal framework is MINCETUR's lodging regulation (Decreto Supremo 001-2015-MINCETUR and its 2021 modifications), which defines lodging activity and sets accommodation standards.

The most important compliance requirement is the guest registration rule under Decreto Supremo 011-2024-IN, requiring hosts to report foreign guests' identity documents and stay dates to Peru's migration authorities through an official portal.

Beyond guest registration, hosts earning rental income must declare it to SUNAT (Peru's tax authority), and business-like operations may face additional municipal requirements.

Penalties for non-compliance are not yet uniformly enforced for individual hosts, but failure to register foreign guests can result in fines, and undeclared income carries standard tax penalties.

For a more general view, you can read our article detailing what exactly foreigners can own and buy in Peru.

If you are an American, you might want to read our blog article detailing the property rights of US citizens in Peru.

Are there minimum-stay rules and maximum nights-per-year caps for Airbnbs in Peru as of 2026?

As of the first half of 2026, Peru has no nationwide minimum-stay requirement or maximum nights-per-year cap like London or Paris, so hosts can legally rent their property year-round.

These rules do not differ by property type or residency status at the national level, meaning both primary residences and investment properties face the same lack of restrictions.

However, individual condo buildings often impose their own rules through HOA bylaws, and some newer towers in Miraflores and San Isidro explicitly prohibit stays under 30 days.

Do I have to live there, or can I Airbnb a secondary home in Peru right now?

There is no owner-occupancy requirement for operating an Airbnb in Peru, so you can legally rent out a secondary home or investment property without living in it.

Owners of secondary homes commonly list on Airbnb across Peru, and market data shows professionally managed portfolios represent a significant share of listings in Lima and Cusco.

No additional permits apply specifically to non-primary residence rentals at the national level, though you must still comply with tax obligations and building-specific rules.

The main difference between renting a primary versus secondary home is practical: buildings with more investor-owned units tend to have stricter HOA rules against short stays.

Can I run multiple Airbnbs under one name in Peru right now?

Peru does not cap the number of Airbnb listings one person can operate, and running multiple rentals under a single host profile is common.

There is no maximum number of properties you can list, and market data shows some of Lima's largest hosts manage over 200 listings.

While there are no additional licensing requirements for multi-property hosts nationally, SUNAT expects all rental income declared, and more properties means greater likelihood of being treated as a business for tax purposes.

Do I need a short-term rental license or a business registration to host in Peru as of 2026?

As of the first half of 2026, there is no universal Airbnb license in Peru, but you need a tax identification number (RUC) with SUNAT if you earn rental income regularly.

Obtaining a RUC is straightforward through SUNAT's online portal, typically taking a few days once you submit identification documents.

Required documents include your national ID (DNI for Peruvians) or passport and immigration documents (for foreigners), plus proof of address.

RUC registration is free, but you will pay income taxes on rental earnings, ranging from 5% for non-residents to higher rates for residents depending on income bracket.

Are there neighborhood bans or restricted zones for Airbnb in Peru as of 2026?

As of the first half of 2026, there are no officially published neighborhood bans or government-designated restricted zones for Airbnb anywhere in Peru.

The most common restrictions come from building-level rules, with newer condo towers in Miraflores, San Isidro, and Barranco frequently prohibiting short-term rentals in their HOA bylaws.

Historic center areas in Cusco and Arequipa face stricter neighbor pressure and noise enforcement, not because Airbnb is banned, but because dense tourist traffic creates friction.

We made this infographic to show you how property prices in Peru compare to other big cities across the region. It breaks down the average price per square meter in city centers, so you can see how cities stack up. It’s an easy way to spot where you might get the best value for your money. We hope you like it.

How much can an Airbnb earn in Peru in 2026?

What's the average and median nightly price on Airbnb in Peru in 2026?

As of the first half of 2026, the average nightly price for an Airbnb in Peru is approximately 195 PEN ($52 USD / 48 EUR), while the median sits lower at 155 PEN ($42 USD / 38 EUR) due to many budget studios and one-bedrooms.

The typical price range covering 80% of Peru Airbnb listings falls between 75 PEN and 375 PEN ($20 to $100 USD / 18 to 92 EUR).

The biggest factor affecting nightly pricing in Peru is location, with Lima's Miraflores district commanding rates 60% to 80% higher than similar properties in Cusco's historic center.

By the way, you will find much more detailed profitability rent ranges in our property pack covering the real estate market in Peru.

How much do nightly prices vary by neighborhood in Peru in 2026?

As of the first half of 2026, nightly prices vary by 150 to 190 PEN ($40 to $50 USD / 37 to 46 EUR) between the most expensive neighborhoods like Miraflores at 220 PEN ($58 USD) and more affordable areas like Lince at 115 PEN ($30 USD).

The three neighborhoods with highest average nightly prices are Miraflores at 220 PEN ($58 USD / 53 EUR), San Isidro at 205 PEN ($55 USD / 50 EUR), and Barranco at 165 PEN ($44 USD / 40 EUR), all in Lima's coastal zone.

The three with lowest prices among active markets are Lince at 95 PEN ($25 USD / 23 EUR), Jesús María at 100 PEN ($27 USD / 25 EUR), and Pueblo Libre at 105 PEN ($28 USD / 26 EUR), though guests still book these for longer stays.

What's the typical occupancy rate in Peru in 2026?

As of the first half of 2026, the typical occupancy rate for Airbnb listings in Peru averages around 48% across main markets.

The realistic range covering most listings falls between 35% and 65%, with underperforming listings at the low end and optimized properties in premium locations at the high end.

Peru's average compares favorably regionally, with Lima's 54% placing it in the top tier for South America, while Cusco's 45% reflects stronger seasonality tied to dry season tourism.

The biggest factor for above-average occupancy is response speed and review quality, since listings with 4.8+ ratings and sub-hour response times outperform averages by 10 to 15 percentage points.

What's the average monthly revenue per listing in Peru in 2026?

As of the first half of 2026, the average monthly revenue per Airbnb listing in Peru is approximately 1,500 PEN ($400 USD / 370 EUR), varying significantly by city and property type.

The realistic range covering 80% of listings falls between 560 PEN and 2,625 PEN ($150 to $700 USD / 138 to 645 EUR), with studios at the lower end and well-located 2BR apartments higher.

Top-performing listings achieve 3,750 to 5,250 PEN ($1,000 to $1,400 USD / 920 to 1,290 EUR) monthly. A well-optimized Miraflores 2BR earning $65/night at 60% occupancy generates roughly $1,170 per month.

Finally, note that we give here all the information you need to buy and rent out a property in Peru.

What's the typical low-season vs high-season monthly revenue in Peru in 2026?

As of the first half of 2026, a typical Peru Airbnb earns around 1,050 PEN ($280 USD / 258 EUR) during low season and approximately 2,250 PEN ($600 USD / 553 EUR) during high season, a swing of about 1.5 times.

Low season runs November to March for highland destinations like Cusco (rainy season), while high season peaks May to October when dry weather favors Machu Picchu treks. Lima follows a different pattern with December through March as summer high season.

What's a realistic Airbnb monthly expense range in Peru in 2026?

As of the first half of 2026, monthly expenses for operating an Airbnb in Peru run 675 to 1,200 PEN ($180 to $320 USD / 166 to 295 EUR) for a lean studio/1BR, and 1,310 to 2,435 PEN ($350 to $650 USD / 323 to 599 EUR) for larger family homes.

The largest expense category is cleaning and turnover costs, typically 40 to 80 PEN ($11 to $21 USD) per turnover, often representing 25% to 35% of total monthly expenses.

Hosts should expect to spend 50% to 65% of gross revenue on operating expenses, leaving a net margin of 35% to 50% before mortgage and income taxes.

If you want to go into more details, we also have a blog article detailing all the property taxes and fees in Peru.

What's realistic monthly net profit and profit per available night for Airbnb in Peru in 2026?

As of the first half of 2026, a typical Peru Airbnb generates around 560 PEN ($150 USD / 138 EUR) monthly net profit, translating to roughly 19 PEN ($5 USD) per available night.

The realistic net profit range for most listings falls between 150 PEN and 1,050 PEN ($40 to $280 USD / 37 to 258 EUR), with underperformers barely breaking even and premium properties at the higher end.

Hosts typically achieve net margins of 35% to 50% of gross revenue after operating expenses but before mortgage and income taxes.

Break-even occupancy sits around 35% to 40%, meaning roughly 11 to 12 booked nights monthly just to cover operating costs.

In our property pack covering the real estate market in Peru, we explain the best strategies to improve your cashflows.

We did some research and made this infographic to help you quickly compare rental yields of the major cities in Peru versus those in neighboring countries. It provides a clear view of how this country positions itself as a real estate investment destination, which might interest you if you’re planning to invest there.

How competitive is Airbnb in Peru as of 2026?

How many active Airbnb listings are in Peru as of 2026?

As of the first half of 2026, Peru has approximately 45,000 active Airbnb listings nationwide, with Lima accounting for nearly 27,000, Cusco around 7,500, and Arequipa roughly 3,800.

Total listings have grown approximately 8% compared to 2024, continuing steady upward momentum as tourism recovers and more owners enter the market.

Which neighborhoods are most saturated in Peru as of 2026?

As of the first half of 2026, the most saturated neighborhoods are Miraflores, Barranco, and San Isidro in Lima, Centro Histórico and San Blas in Cusco, and Cercado and Yanahuara in Arequipa.

These areas became saturated because they combine walkability to attractions, perceived safety, and critical mass of existing Airbnb activity generating visibility and trust.

Relatively undersaturated neighborhoods offering better opportunities include Magdalena del Mar, San Miguel, and Surco in Lima, Wanchaq in Cusco, and Cayma in Arequipa.

What local events spike demand in Peru in 2026?

As of the first half of 2026, main events spiking Airbnb demand include Inti Raymi in Cusco (June 24), Fiestas Patrias nationwide (July 28-29), Virgen de la Candelaria in Puno (February), and Señor de los Milagros in Lima (October).

During peak events, bookings increase 40% to 70% and nightly rates jump 30% to 50%, with Inti Raymi commanding some of the year's highest premiums.

Hosts should adjust pricing 6 to 8 weeks before major events, since savvy travelers book Cusco for Inti Raymi as early as March or April.

What occupancy differences exist between top and average hosts in Peru in 2026?

As of the first half of 2026, top-performing Airbnb hosts in Peru achieve occupancy rates of 58% to 65%, running 10 to 15 percentage points above market average.

Average hosts typically see 45% to 50% occupancy, so the gap translates to roughly 3 to 5 additional booked nights monthly.

New hosts can reach top-performer levels within 6 to 12 months by investing in professional photography, responding within an hour, maintaining 4.8+ ratings, and adjusting pricing dynamically.

We give more details about the different Airbnb strategies to adopt in our property pack covering the real estate market in Peru.

Which price points are most crowded, and where's the "white space" for new hosts in Peru right now?

The price range with highest listing concentration in Peru is 75 to 150 PEN ($20 to $40 USD / 18 to 37 EUR), where budget studios and basic one-bedrooms compete intensely.

Most crowded points sit between 95 and 130 PEN ($25 to $35 USD), while "white space" exists at 225 to 375 PEN ($60 to $100 USD) where family-ready 2BR and 3BR units with premium finishes remain scarce.

Properties succeeding in this underserved segment typically have 2+ bedrooms, elevator access, strong Wi-Fi with workspace, washer/dryer, self check-in, and above-average bedding.

What property works best for Airbnb demand in Peru right now?

What bedroom count gets the most bookings in Peru as of 2026?

As of the first half of 2026, one-bedroom apartments get the most bookings in Peru, accounting for the largest share of reservations across all major markets.

Booking breakdown by bedroom count shows one-bedrooms at approximately 50%, studios at 15%, two-bedrooms at 25%, and three-bedroom+ properties at 10%.

One-bedrooms perform best because they suit dominant traveler profiles: solo travelers, couples, and small business groups wanting more space than hotels while keeping rates affordable for longer stays.

What property type performs best in Peru in 2026?

As of the first half of 2026, well-located apartments and condominiums in urban centers perform best for Airbnb in Peru, consistently outperforming houses and unique stays in booking frequency and revenue stability.

Occupancy rates show apartments averaging 50% to 55%, houses at 40% to 45%, and unique stays at 35% to 45% depending heavily on location and seasonality.

Apartments outperform because they cluster in walkable neighborhoods where travelers want to stay, benefit from building amenities like security and elevators, and have lower operating costs than standalone houses.

What location traits boost bookings in Peru right now?

As of the first half of 2026, location traits boosting Airbnb bookings include walkability to restaurants and attractions, perceived safety, proximity to public transportation, and in Lima, access to coastal views.

In Lima, highest-performing locations combine walkable access to Miraflores' Parque Kennedy or Barranco's cafes, quick airport access (under 45 minutes), and quiet buildings despite central location.

In Cusco, booking boosters are being within 10-minute walk of Plaza de Armas without being on noisiest streets, reliable hot water (lacking in many colonial buildings), and views of city or mountains.

What sources have we used to write this blog article?

Whether it's in our blog articles or the market analyses included in our property pack about Peru, we always rely on the strongest methodology we can, and we don't throw out numbers at random.

We aim to be fully transparent, so below we've listed the authoritative sources we used and explained how we used them.

Source	Why it's authoritative	How we used it
MINCETUR Compendio de Cifras de Turismo 2025	Peru's official tourism ministry publishing standardized indicators.	We used it to anchor demand-side reality including arrivals, seasonality, and tourism scale. We cross-checked STR performance against tourism trajectory.
MINCETUR Decreto Supremo 001-2015-MINCETUR	Official Peruvian lodging regulation on government platform.	We used it to frame what Peru considers lodging activity and compliance requirements. We triangulated with how Airbnb rentals are treated in practice.
MINCETUR Decreto Supremo 009-2021-MINCETUR	Official 2021 update to Peru's national lodging framework.	We used it to understand newer compliance expectations like guest registry. We treated it as the 2026 hosting obligations baseline.
Peru Congress Communications on REDAT	Primary-source update from Peru's Congress communications channel.	We used it to flag regulatory direction toward tourist rental registration as a risk factor for hosts.
El Peruano Decreto Legislativo 1623	Peru's official gazette where tax laws are canonically published.	We used it to understand platform economy taxation and translated it into practical hosting implications.
SUNAT Tributación Airbnb Training	SUNAT's own educational material for Airbnb hosts.	We used it for host-friendly explanations of how rental income should be declared. We triangulated with broader tax rules.
Airbnb Peru Tax Guide 2025	Airbnb's published tax guide providing platform's Peru taxation view.	We used it to map how Airbnb frames taxes and documentation. We cross-checked against SUNAT and El Peruano sources.
Airbnb Responsible Hosting Peru	Airbnb's official compliance guidance hub for Peru.	We used it to frame platform expectations on rules, taxes, and safety. We did not treat it as substitute for Peruvian law.
AirDNA Lima Market Overview	Widely-used STR analytics provider with transparent metrics.	We used it for supply, ADR, occupancy, and seasonality in Peru's biggest STR market. We triangulated with other datasets.
AirDNA Cusco Market Overview	Established STR analytics widely cited in vacation rental industry.	We used it to quantify Peru's top leisure market performance. We compared to Lima to show tourism vs capital dynamics.
AirDNA Arequipa Market Overview	Same established STR analytics with consistent methodology.	We used it to size a major secondary market and sanity-check national averages.
BCRP Rental and Sale Price Indicators	Central bank's official portal for rental/sale price indicators.	We used it to reference consistent methodology and anchor rent assumptions for long-term alternatives.
SAT Lima Predial and Arbitrios	Official Lima municipal tax administrator providing rules.	We used it to model recurring owner costs like property tax in Peru's largest market.
OSINERGMIN Electricity Tariffs	Peru's official energy regulator publishing tariff references.	We used it to anchor utility costs and translate tariffs into monthly expense bands.
SEDAPAL Water Tariff Structure	Lima's main water utility publishing official tariffs.	We used it to anchor water/sewer cost expectations in our expense range.
Airbtics Lima Revenue Data	Established STR analytics tracking Airbnb since 2019.	We used it for revenue and occupancy validation, cross-referencing against AirDNA for consistency.
AirROI Lima Market Analysis	STR analytics platform providing granular performance data.	We used it for top-performer benchmarks and triangulated with other sources.
Road Genius Peru Tourism Statistics	Tourism statistics aggregator compiling official data.	We used it for arrival trends and seasonal patterns, validating against MINCETUR reports.
LodgeCompliance Peru Regulations	Compliance service monitoring STR regulations globally.	We used it for regulatory overview and confirmed understanding against official sources.

We created this infographic to give you a simple idea of how much it costs to buy property in different parts of Peru. As you can see, it breaks down price ranges and property types for popular cities in the country. We hope this makes it easier to explore your options and understand the market.