Perennial. Princess Lilies are a new type of Alstroemeria developed by Van Staaveren! Spectacular for your home & garden, since it is suitable both as a pot plant & perennial. Extreme dwarf habit that needs no staking. Good cut flower. Height is 8-12 inches with deep red flowers. Green and white varigated foliage. Exposure: sun/part shade. Water: moderate/moist. Tolerates bog, deer and drought. USDA Z7.