Derry City and Strabane
Airbnb Market Data & Overview
UK

Is it profitable to do Airbnb in Derry City and Strabane, UK?

What is the occupancy rate of Airbnb in Derry City and Strabane, UK?

What is the average daily rate of Airbnb in Derry City and Strabane, UK?

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Derry City and Strabane, UK Airbnb Data

Last updated on: 15th May, 2024

UK / Derry City and Strabane
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 Derry City and Strabane is good for Airbnb.
Occupancy Rate

56%

$116

Daily Rate

$22K+

Revenue (2023)

11.3%

Net Yield

431

Number of Listings
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Is Airbnb Profitable in Derry City and Strabane ?

Yes, it's profitable to Airbnb because the average net rental yield for a one-bedroom property is 11.3%.
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 Derry City and Strabane is booked for 190 nights a year, with a median occupancy rate of 52% and an average daily rate of $106. In Derry City and Strabane, A typical host income (annual revenue) was $20,654 in 2023.

Best Areas in Derry City and Strabane for Airbnb

Are you wondering where to invest in Derry City and Strabane? 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. Guildhall Square
  2. St. Columb's Cathedral
  3. The Peace Bridge
  4. Tower Museum
  5. Museum of Free Derry
  6. Walled City Brewery
  7. Shipquay Gate
  8. Foyleside Shopping Centre
  9. Foyle Valley Railway Museum
  10. Far and Wild Adventure Centre
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 Derry City and Strabane's Airbnb Data
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