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 Ho Chi Minh City is good for Airbnb.
A typical short-term rental listing in Ho Chi Minh City is booked for 172 nights a year, with a median occupancy rate of 47% and an average daily rate of VND1,115,180. In Ho Chi Minh City, A typical host income (annual revenue) was VND188M in 2023. There are 19,321 active Airbnb listings as of 2024-04-15. A 47% median occupancy rate is considered a risky market to do an Airbnb. There are definitely few hosts making good income, but you may struggle to get year-round bookings. We suggest you do further research on this market.
Best Areas in Ho Chi Minh City for Airbnb
Best Areas in Ho Chi Minh City for Airbnb Are you wondering where to invest in Ho Chi Minh City? 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. 🚀
Ben Thanh Market
War Remnants Museum
Cu Chi Tunnels
Notre Dame Cathedral
Central Post Office
Bitexco Financial Tower
Saigon Opera House
Museum of Ho Chi Minh City
Saigon Skydeck
Binh Tay Market
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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