Investing in a short-term rental can be highly stable and profitable. It’s stable because housing has been one of the most stable asset classes. Also, when you can’t do an Airbnb anymore, you can still rent it out to a long-term tenant with a lower yield. It is highly profitable because the monthly cash flow from short-term rental investment typically is double the amount of traditional rentals. Without further ado, let’s see if Siena is good for Airbnb.
A typical short-term rental listing in Siena is booked for 248 nights a year, with a median occupancy rate of 68% and an average daily rate of €107. In Siena, A typical host income (annual revenue) was €26K in 2023. There are 1,027 active Airbnb listings as of 2024-04-15. A 68% median occupancy rate is considered a good market to do an Airbnb. Take professional photos of your property, get a few good reviews on Airbnb, then you are likely to make good income.
Best Areas in Siena for Airbnb
Best Areas in Siena for Airbnb Are you wondering where to invest in Siena? Look no further! Here are 10 areas travelers often search for. You can find the short-term rental statistics of all of these neighborhoods from Airbtics! Check out which neighborhood has the highest rental demand. 🚀
Piazza del Campo
Siena Cathedral (Duomo di Siena)
Torre del Mangia
Palazzo Pubblico
Basilica of San Domenico
Siena Baptistery of San Giovanni
Piccolomini Library
Museo dell’Opera del Duomo
Santa Maria della Scala
Palazzo Salimbeni
Okay, you might wonder about more specific data. For example, how much can an average listing with 4 bedrooms and a pool make? Or, what is the seasonality in booking? When is the peak month? Click the below button and check out more in-depth vacation rental data for free.
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