Is it profitable to do Airbnb in Caravaca de la cruz, Spain?
What is the occupancy rate of Airbnb in Caravaca de la cruz, Spain?
What is the average daily rate of Airbnb in Caravaca de la cruz, Spain?
Spain / Caravaca de la cruz
Caravaca de la cruz, Airbnb Market Statistics & Data, Spain
A typical short-term rental listing in Caravaca de la cruz is booked for 131 nights a year, with a median occupancy rate of 36% and an average daily rate of €121. In 2023, a typical host income (annual revenue) was €14K. As of 12th September, 2024, there are 94 active Airbnb listings.
Average Revenue: €14K/yr
Occupancy Rate
36%
Avg Daily Rate
€121
Mid Scale
No. of Listings
108
Small
YoY Revenue Change
-12.54%
Best Month
July
** Period: 2023 Aug - 2024 July | Last Updated on: 12th September, 2024
Revenue By Month
2023-08 - 2024-07
Low
€867
Average
€1,196
High
€1,777
Is Airbnb Profitable in Caravaca de la cruz?
No, there is good short-term rental demand. A 36% 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 Caravaca de la cruz
Short-term rental regulation is lenient in Caravaca de la cruz. 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.
We made a guide on things you need to know before starting an Airbnb in Spain, learn how much it costs to start an Airbnb and if it’s profitable to start an Airbnb.
Average Airbnb Occupancy Rate in Caravaca de la cruz
A typical listing recorded a 36% average occupancy rate between 2023-08 - 2024-07. In this graph, you can see the occupancy rate distribution. About 28.22% of the guests are international guests, and visitors from Spain 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: 36%
94 Active Listings
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Explore Caravaca de la cruz's Airbnb Data ⟶
Best Areas in Caravaca de la cruz for Airbnb
Are you wondering where to invest in Caravaca de la cruz? Look no further!
Top demand Airbnb in Caravaca de la cruz
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 94 listings.
See 94 listing Statistics
Professional Short-term rental property managers in Caravaca de la cruz
We've compiled a list of host profiles that manage the most Airbnb properties in Caravaca de la cruz. The dashboard shows their average occupancy rate, revenue, and year-over-year changes.
Other short-term rental market data in Caravaca de la cruz
Here is a breakdown of short-let properties in Caravaca de la cruz. 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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By Channel Type