Neighbourgood Reviews - Airbnb Property Manager Performance & Revenue

Neighbourgood

Average Occupancy Rate
58%
Average Daily Rate
R2,130
Average Revenue
R22,804
Listings Under Management
52
YoY Change: 15.56%
Market Coverage
Cape Town

Neighbourgood Overview

Looking for a reliable Airbnb management company in Cape Town to maximize your short-term rental revenue? Neighbourgood 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, Neighbourgood helps property owners increase their occupancy rates and revenue.

How Do Neighbourgood Listings Compare to the Average Cape Town Airbnb Market Performance?

To make an informed decision whether Neighbourgood is the best Airbnb property manager for your Cape Town 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 Neighbourgood is the best choice for your Airbnb business.

Average Daily Rate (ADR) Occupancy Rate Average Annual Revenue
Neighbourgood R2,130 58% R22,804
Cape Town R1,719 71% R23,186
Competitive Positioning +24% -18% -2%

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 Neighbourgood is the best choice for your short-term rental business.

Neighbourgood Growth: 15.56% More Airbnb Listings Under Management YoY

Over the last 12 months, Neighbourgood has increased the number of short-term rentals it manages by 15.56%. This expansion indicates growing demand and a strong market presence. 🏖️

Neighbourgood Airbnb Management Fees

The average Cape Town Airbnb property manager charges 10-15% of short-term rental income for half-service management and 20-30% for full-service management. Premium Cape Town 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 Neighbourgood about their Airbnb management fees, get in touch with the team.

Neighbourgood Reviews by Guests & Hosts

Neighbourgood has an average rating on Airbnb of 4.4. This Airbnb rating indicates that Neighbourgood provides an adequate experience, but there are areas for improvement to fully meet guest expectations.

Neighbourgood’s Top Airbnb Reviews by Guests

★★★★★
i had a wonderful stay at this Airbnb! The location is fantastic—right downstairs, you'll find charming shops, and the surrounding area is filled with amazing coffee spots and great restaurants. The apartment itself is spacious, spotless, and beautifully maintained. It smells fresh, the sheets are soft, and the shower is roomy and comfortable. Overall, I had a great experience and would definitely return. As a bonus, there's a lovely rooftop pool and deck on the same floor, which was a great place to relax!
★★★★★
Great stay
Central and location is great
Area just a bit noisy - but nothing you can work on
★★★★
Happy with accommodation. host helpful and clear instructions given for check in and check out.
★★★★★
your place wax awesome
★★★★★
Comfortable stay in beautiful area.


Is Neighbourgood a Good Airbnb Property Manager Option in Cape Town?

Considering Neighbourgood 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 Cape Town.

To decide if Neighbourgood 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 Neighbourgood.

It’s best to schedule a call with Neighbourgood 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 Neighbourgood’s alternatives and competitors

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