fbpx
Categories
Others

Annual Airbnb Revenue In Palma De Mallorca Spain

Last updated on May 15th, 2024

Palma de Mallorca| Airbnb Market Data & Overview | Spain

Palma de Mallorca
Airbnb Market Data & Overview
Spain

Is it profitable to do Airbnb in Palma de Mallorca, Spain?

What is the occupancy rate of Airbnb in Palma de Mallorca, Spain?

What is the average daily rate of Airbnb in Palma de Mallorca, Spain?

Author Image

Palma de Mallorca, Spain Airbnb Data

Last updated on: 15th May, 2024

Spain / Palma de Mallorca
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 Palma de Mallorca is good for Airbnb.

Is Airbnb Profitable in Palma de Mallorca ?

Yes, there is a good short-term rental demand..
Occupancy Rate

75%

€131

Daily Rate

€34K

Revenue (2023)

1,594

Number of Listings
A typical short-term rental listing in Palma de Mallorca is booked for 274 nights a year, with a median occupancy rate of 75% and an average daily rate of €131. In Palma de Mallorca, A typical host income (annual revenue) was €34K in 2023. There are 1,594 active Airbnb listings as of 2024-04-15.
A 75% median occupancy rate is considered a good market to do an Airbnb. Take professional photos of your property, get a few good reviews on Airbnb, then you are likely to make good income.

Best Areas in Palma de Mallorca for Airbnb

Best Areas in Palma de Mallorca for Airbnb Are you wondering where to invest in Palma de Mallorca? 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. La Seu (Palma Cathedral)
  2. Palma Old Town
  3. Bellver Castle
  4. Passeig des Born
  5. Palma Beach
  6. Es Baluard Contemporary Art Museum
  7. Plaça Major
  8. Mercat de l’Olivar
  9. Palma Port
  10. Pilar and Joan Miró Foundation
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.
Signup and check out more in-depth vacation rental data for free.
Explore Palma de Mallorca‘s Airbnb Data
border-boundary-image

Shares

Airbnb Data
Airbnb Data

Join The Club!

Get a free weekly
Data-DRIVEN REPORT

will only send you value bombs

ARE YOU IN?

Get Access to our weekly data-driven airbnb report!