Is it profitable to do Airbnb in Derry City and Strabane, United Kingdom?
What is the occupancy rate of Airbnb in Derry City and Strabane, United Kingdom?
What is the average daily rate of Airbnb in Derry City and Strabane, United Kingdom?
The United Kingdom / Derry City and Strabane
Derry City and Strabane, Airbnb Market Statistics & Data, United Kingdom
A typical short-term rental listing in Derry City and Strabane is booked for 204 nights a year, with a median occupancy rate of 56% and an average daily rate of £92. In 2023, a typical host income (annual revenue) was £18K. As of 12th September, 2024, there are 404 active Airbnb listings.
Average Revenue: £18K/yr
Occupancy Rate
56%
Avg Daily Rate
£92
Mid Scale
No. of Listings
494
Small
YoY Revenue Change
-10.94%
Best Month
August
** Period: 2023 Aug - 2024 July | Last Updated on: 12th September, 2024
Revenue By Month
2023-08 - 2024-07
Low
£740
Average
£1,407
High
£2,292
Is Airbnb Profitable in Derry City and Strabane?
Yes, there is good short-term rental demand. A 56% 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 Derry City and Strabane
Short-term rental regulation is lenient in Derry City and Strabane. 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 Derry City and Strabane
A typical listing recorded a 56% average occupancy rate between 2023-08 - 2024-07. In this graph, you can see the occupancy rate distribution. About 58.98% of the guests are international guests, and visitors from United kingdom 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: 56%
404 Active Listings
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Explore Derry City and Strabane's Airbnb Data ⟶
Best Areas in Derry City and Strabane for Airbnb
Are you wondering where to invest in Derry City and Strabane? Look no further!
- Guildhall Square
- St. Columb's Cathedral
- The Peace Bridge
- Tower Museum
- Museum of Free Derry
- Walled City Brewery
- Shipquay Gate
- Foyleside Shopping Centre
- Foyle Valley Railway Museum
- Far and Wild Adventure Centre
Top demand Airbnb in Derry City and Strabane
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 404 listings.
See 404 listing Statistics
Professional Short-term rental property managers in Derry City and Strabane
We've compiled a list of host profiles that manage the most Airbnb properties in Derry City and Strabane. The dashboard shows their average occupancy rate, revenue, and year-over-year changes.
Other short-term rental market data in Derry City and Strabane
Here is a breakdown of short-let properties in Derry City and Strabane. 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.
Property Size
Amenities
Property Type
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By Channel Type