Armagh City, Banbridge and Craigavon
Airbnb Market Data & Overview
UK

Is it profitable to do Airbnb in Armagh City, Banbridge and Craigavon, UK?

What is the occupancy rate of Airbnb in Armagh City, Banbridge and Craigavon, UK?

What is the average daily rate of Airbnb in Armagh City, Banbridge and Craigavon, UK?

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Armagh City, Banbridge and Craigavon, UK Airbnb Data

Last updated on: 15th May, 2024

UK / Armagh City, Banbridge and Craigavon
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 rentals typically is double the amount of traditional rentals.
The true profit from home investing comes from capital appreciation and cash flow from your rental. Between 1850 and 2015, globally, the average home value appreciated at 5.5% annually. If your short-term rental yields 3% of your total initial investment, your investment's annual return is 8.5% before taxes are considered.
Without further ado, let's see if Armagh City, Banbridge and Craigavon is good for Airbnb.
Occupancy Rate

54%

$123

Daily Rate

$22K+

Revenue (2023)

12.9%

Net Yield

229

Number of Listings
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Is Airbnb Profitable in Armagh City, Banbridge and Craigavon ?

Yes, it's profitable to Airbnb because the average net rental yield for a one-bedroom property is 12.9%.
The national median net short-term rental yield is 5.4% in the UK. For more context, a traditional rental can typically yield 2-4% if you don't have to pay a mortgage interest. A typical 1 bedroom listing in Armagh City, Banbridge and Craigavon is booked for 197 nights a year, with a median occupancy rate of 54% and an average daily rate of $118. In Armagh City, Banbridge and Craigavon, A typical host income (annual revenue) was $23,670 in 2023.

Best Areas in Armagh City, Banbridge and Craigavon for Airbnb

Are you wondering where to invest in Armagh City, Banbridge and Craigavon? Look no further! Here are 3 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. 🚀
  1. Armagh City
  2. Banbridge
  3. Craigavon
Okay, you might wonder about more specific data. For example, how much can an average listing with 2 bedrooms and a pool make? Or, what is the seasonality in booking? When is the peak month?
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Explore Armagh City, Banbridge and Craigavon's Airbnb Data
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