Is it profitable to do Airbnb in Majorca, Spain?
What is the occupancy rate of Airbnb in Majorca, Spain?
What is the average daily rate of Airbnb in Majorca, Spain?
Spain / Majorca
Majorca, Airbnb Market Statistics & Data, Spain
A typical short-term rental listing in Majorca is booked for 277 nights a year, with a median occupancy rate of 76% and an average daily rate of €186. In 2023, a typical host income (annual revenue) was €48K. As of 12th September, 2024, there are 13,885 active Airbnb listings.
Average Revenue: €48K/yr
Occupancy Rate
76%
Avg Daily Rate
€186
Upscale
No. of Listings
17,873
Big
YoY Revenue Change
13.65%
Best Month
August
** Period: 2023 Aug - 2024 July | Last Updated on: 12th September, 2024
Revenue By Month
2023-08 - 2024-07
Low
€1,838
Average
€3,684
High
€6,266
Is Airbnb Profitable in Majorca?
Yes, there is good short-term rental demand. A 76% 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 Majorca
Short-term rental regulation is lenient in Majorca. 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 Majorca
A typical listing recorded a 76% average occupancy rate between 2023-08 - 2024-07. In this graph, you can see the occupancy rate distribution. About 91.12% of the guests are international guests, and visitors from Germany 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: 76%
13,885 Active Listings
Signup and check out more in-depth vacation rental data for free.
Explore Majorca's Airbnb Data ⟶
Best Areas in Majorca for Airbnb
Are you wondering where to invest in Majorca? Look no further!
- Palma de Mallorca
- Serra de Tramuntana
- Valldemossa
- Sóller
- Alcúdia
- Cap de Formentor
- Cala d'Or
- Caves of Drach
- Port de Sóller
- Es Trenc
Top demand Airbnb in Majorca
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 13,885 listings.
See 13,885 listing Statistics
Professional Short-term rental property managers in Majorca
We've compiled a list of host profiles that manage the most Airbnb properties in Majorca. The dashboard shows their average occupancy rate, revenue, and year-over-year changes.
Other short-term rental market data in Majorca
Here is a breakdown of short-let properties in Majorca. 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
Cancelation Policy Type
By Channel Type