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CituSpace Reviews - Airbnb Property Manager Performance & Revenue

CituSpace

Average Occupancy Rate
79%
Average Daily Rate
€160
Average Revenue
€18,197
Listings Under Management
70
YoY Change: 141.38%
Market Coverage
Madrid

CituSpace Overview

Looking for a reliable Airbnb management company in Madrid to maximize your short-term rental revenue? CituSpace specializes in managing vacation rentals and holiday homes, offering seamless STR property management services. With a competitive commission structure and expert handling of bookings, guest communication, and pricing optimization, CituSpace helps property owners increase their occupancy rates and revenue.

How Do CituSpace Listings Compare to the Average Madrid Airbnb Market Performance?

To make an informed decision whether CituSpace is the best Airbnb property manager for your Madrid short-term rental, it’s important to compare its listings performance with the average metrics for the market. Airbtics data-driven analysis covers average daily rate (ADR), occupancy rate, annual revenue, and more to help you.

Whether you’re an established vacation rental investor or a beginner host, find out if CituSpace is the best choice for your Airbnb business.

Average Daily Rate (ADR) Occupancy Rate Average Annual Revenue
CituSpace €160 79% €18,197
Madrid €117 83% €35,780
Competitive Positioning +37% -5% -49%

Our data-driven analysis covers average daily rate (ADR), occupancy rate, revenue per listing, and guest reviews to help you make an informed decision. Whether you're a property owner or investor, find out if CituSpace is the best choice for your short-term rental business.

CituSpace Growth: 141.38% More Airbnb Listings Under Management YoY

Over the last 12 months, CituSpace has increased the number of short-term rentals it manages by 141.38%. This expansion indicates growing demand and a strong market presence. 🏖️

CituSpace Airbnb Management Fees

The average Madrid Airbnb property manager charges 10-15% of short-term rental income for half-service management and 20-30% for full-service management. Premium Madrid Airbnb management companies charge up to 40-45% of the booking total. The exact rate depends on your exact location, property type and size, and required vacation rental management services.

To get a custom quote from CituSpace about their Airbnb management fees, get in touch with the team.

CituSpace Reviews by Guests & Hosts

CituSpace has an average rating on Airbnb of 4.6. This Airbnb rating shows that CituSpace consistently delivers excellent property management services, ensuring strong guest satisfaction and trust.

CituSpace’s Top Airbnb Reviews by Guests

★★★★★
Nous avons passé un très bon séjour dans cet appartement.
L'emplacement est très central (plaza Mayor et Puerta del sol à 5-10 minutes de marche maximum), nombreux restaurants, boulangeries, bar, supermarché, métro à proximité.
L'appartement est comme neuf, très bien équipé, et assez spacieux.
La literie est confortable, et tout était très propre à notre arrivée.
Quant au points négatifs, je dirai que l'appartement manque de luminosité, et il manquait quelques petits détails comme de l'huile de cuisson, du sel et du poivre par exemple.
Le quartier peut ne paraître pas sûr à certains moments, mais nous n'avons pas eu de problèmes.
Je recommande et n'hésiterai pas à revenir lors d'un prochain séjour à Madrid.
★★★★
Was a Good Stay. I will recommend it to friends
★★★★★
Goede locatie: overal dichtbij. Levendig maar nooit onveilig
★★★★
Excellent location, modern appliances, spacious, and very comfortable beds. The apartment was stocked with everything needed. However, my experience felt somewhat corporate and I ultimately thought the apartment lacked the warmth and charm of a proper home. While the essential furniture is elegant and comfortable, there were no additional decorations (contrary to the photos), which made the apartment feel a bit bland. Furthermore, the dining room table had very visible damage. The host also gave multiple categories of detailed instructions for the stay while noting the consequences of not abiding by them, which felt overwhelming and even slightly intimidating. Additionally, they are only reachable during business hours (excluding “emergencies”), which leaves you stuck if a minor question arises outside of the designated timeframe. All things aside, I think the apartment provides strong value for the cost; just don’t expect a red carpet to be rolled out for you.
★★★★★
Muy buena ubicación y agradable espacio.


Is CituSpace a Good Airbnb Property Manager Option in Madrid?

Considering CituSpace property management services, fees, and performance vs market average, it could be a good option for some Airbnb hosts and owners looking for passive short-term rental property investments in Madrid.

To decide if CituSpace is the best choice for you, take into account the costs and benefits. Evaluate whether the expected boost in rental revenue due to professional services and the elevated level of comfort for you exceed or not the monthly Airbnb management fees charged by CituSpace.

It’s best to schedule a call with CituSpace to discuss your particular situation, what the Airbnb manager can do for your property, and how much exactly you’d need to pay them.

Top 5 CituSpace’s alternatives and competitors

If you’d like to explore the best CituSpace competitors and alternatives in the local market, check out these top Madrid Airbnb management companies: