Is it profitable to do Airbnb in Coquimbo, Chile?
What is the occupancy rate of Airbnb in Coquimbo, Chile?
What is the average daily rate of Airbnb in Coquimbo, Chile?
Chile / Coquimbo
Coquimbo, Airbnb Market Statistics & Data, Chile
A typical short-term rental listing in Coquimbo is booked for 172 nights a year, with a median occupancy rate of 47% and an average daily rate of CLP60,593. In 2023, a typical host income (annual revenue) was CLP10M. As of 12th September, 2024, there are 1,359 active Airbnb listings.
Average Revenue: CLP10M/yr
Occupancy Rate
47%
Avg Daily Rate
CLP60,593
Budget
No. of Listings
2,124
Medium
YoY Revenue Change
-19.12%
Best Month
January
** Period: 2023 Aug - 2024 July | Last Updated on: 12th September, 2024
Revenue By Month
2023-08 - 2024-07
Low
CLP381,169
Average
CLP711,046
High
CLP1,987,279
Is Airbnb Profitable in Coquimbo?
Yes, there is good short-term rental demand. A 47% 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 Coquimbo
Short-term rental regulation is lenient in Coquimbo. 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 Chile, learn how much it costs to start an Airbnb and if it’s profitable to start an Airbnb.
Average Airbnb Occupancy Rate in Coquimbo
A typical listing recorded a 47% average occupancy rate between 2023-08 - 2024-07. In this graph, you can see the occupancy rate distribution. About 16.06% of the guests are international guests, and visitors from Chile 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: 47%
1,359 Active Listings
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Explore Coquimbo's Airbnb Data ⟶
Best Areas in Coquimbo for Airbnb
Are you wondering where to invest in Coquimbo? Look no further!
Top demand Airbnb in Coquimbo
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 1,359 listings.
See 1,359 listing Statistics
Professional Short-term rental property managers in Coquimbo
We've compiled a list of host profiles that manage the most Airbnb properties in Coquimbo. The dashboard shows their average occupancy rate, revenue, and year-over-year changes.
Other short-term rental market data in Coquimbo
Here is a breakdown of short-let properties in Coquimbo. 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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