Is it profitable to do Airbnb in Balikesir, Turkey?
What is the occupancy rate of Airbnb in Balikesir, Turkey?
What is the average daily rate of Airbnb in Balikesir, Turkey?
Turkey / Balikesir
Balikesir, Airbnb Market Statistics & Data, Turkey
A typical short-term rental listing in Balikesir is booked for 161 nights a year, with a median occupancy rate of 44% and an average daily rate of TRY2,234. In 2023, a typical host income (annual revenue) was TRY326K. As of 12th September, 2024, there are 984 active Airbnb listings.
Average Revenue: TRY326K/yr
Occupancy Rate
44%
Avg Daily Rate
TRY2,234
Budget
No. of Listings
1,561
Medium
YoY Revenue Change
20.25%
Best Month
August
** Period: 2023 Aug - 2024 July | Last Updated on: 12th September, 2024
Revenue By Month
2023-08 - 2024-07
Low
TRY13,362
Average
TRY25,493
High
TRY57,280
Is Airbnb Profitable in Balikesir?
No, there is good short-term rental demand. A 44% median occupancy rate is considered a good market for Airbnb. The graph below shows the average monthly host income by month.
Tip! 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.
Starting an Airbnb in Balikesir
Short-term rental regulation is lenient in Balikesir. Very few Airbnb listing currently have put their license number on their Airbnb listing. This likely means the local government is not strictly enforcing the short-term rental-related regulations.
Average Airbnb Occupancy Rate in Balikesir
A typical listing recorded a 44% average occupancy rate between 2023-08 - 2024-07. In this graph, you can see the occupancy rate distribution. About 33.99% of the guests are international guests, and visitors from Turkey is the largest group. Learn more about guest origin!.
You can find the distribution graph of daily rate and revenue in our market dashboard.
You can find the distribution graph of daily rate and revenue in our market dashboard.
Occupancy Rate: 44%
984 Active Listings
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Explore Balikesir's Airbnb Data ⟶
Best Areas in Balikesir for Airbnb
Are you wondering where to invest in Balikesir? Look no further!
Top demand Airbnb in Balikesir
Airbtics has been tracking all Airbnb listings since 2019. This allows us to understand interesting metrics, like which properties earn the most in the market. Here are our top picks. Go to the app to find detailed information about 984 listings.
See 984 listing Statistics
Professional Short-term rental property managers in Balikesir
We've compiled a list of host profiles that manage the most Airbnb properties in Balikesir. The dashboard shows their average occupancy rate, revenue, and year-over-year changes.
Other short-term rental market data in Balikesir
Here is a breakdown of short-let properties in Balikesir. You might wonder about more specific data before buying an Airbnb property. 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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