Canary Islands
Airbnb Market Data & Overview
Spain

Is it profitable to do Airbnb in Canary Islands, Spain?

What is the occupancy rate of Airbnb in Canary Islands, Spain?

What is the average daily rate of Airbnb in Canary Islands, Spain?

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Canary Islands, Spain Airbnb Data

Last updated on: 15th May, 2024

Spain / Canary Islands
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 Canary Islands is good for Airbnb.

Is Airbnb Profitable in Canary Islands ?

Yes, there is a good short-term rental demand..
Occupancy Rate

79%

€76

Daily Rate

€21K

Revenue (2023)

45,590

Number of Listings
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A typical short-term rental listing in Canary Islands is booked for 288 nights a year, with a median occupancy rate of 79% and an average daily rate of €76. In Canary Islands, A typical host income (annual revenue) was €21K in 2023. There are 45,590 active Airbnb listings as of 2024-04-15.
A 79% 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 Canary Islands for Airbnb

Best Areas in Canary Islands for Airbnb Are you wondering where to invest in Canary Islands? 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. 🚀
  1. Teide National Park (Tenerife)
  2. Timanfaya National Park (Lanzarote)
  3. Masca Valley (Tenerife)
  4. Corralejo Natural Park (Fuerteventura)
  5. Cueva de los Verdes (Lanzarote)
  6. Garajonay National Park (La Gomera)
  7. Dunes of Maspalomas (Gran Canaria)
  8. La Laguna (Tenerife)
  9. El Hierro Biosphere Reserve
  10. Roque Nublo (Gran Canaria)
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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