Is it profitable to do Airbnb in San Miguel de Allende, Mexico?
What is the occupancy rate of Airbnb in San Miguel de Allende, Mexico?
What is the average daily rate of Airbnb in San Miguel de Allende, Mexico?
Mexico
San Miguel de Allende, Airbnb Market Statistics & Data, Mexico
A typical short-term rental listing in San Miguel de Allende is booked for 146 nights a year, with a median occupancy rate of 40% and an average daily rate of MXN1,784. In 2023, a typical host income (annual revenue) was MXN260K. As of 12th September, 2024, there are 2,972 active Airbnb listings.
Average Revenue: MXN260K/yr
Occupancy Rate
40%
Avg Daily Rate
MXN1,784
Mid Scale
No. of Listings
3,593
Medium
YoY Revenue Change
-6.53%
Best Month
March
** Period: 2023 Aug - 2024 July | Last Updated on: 12th September, 2024
Revenue By Month
2023-08 - 2024-07
Low
MXN17,899
Average
MXN21,675
High
MXN27,063
Is Airbnb Profitable in San Miguel de Allende?
No, there is good short-term rental demand. A 40% 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 San Miguel de Allende
Short-term rental regulation is lenient in San Miguel de Allende. 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.
We made a guide on things you need to know before starting an Airbnb in Mexico, learn how much it costs to start an Airbnb and if it’s profitable to start an Airbnb.
Average Airbnb Occupancy Rate in San Miguel de Allende
A typical listing recorded a 40% average occupancy rate between 2023-08 - 2024-07. In this graph, you can see the occupancy rate distribution. About 18.92% of the guests are international guests, and visitors from Mexico 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: 40%
2,972 Active Listings
Signup and check out more in-depth vacation rental data for free.
Explore San Miguel de Allende's Airbnb Data ⟶
Best Areas in San Miguel de Allende for Airbnb
Are you wondering where to invest in San Miguel de Allende? Look no further!
- Parroquia de San Miguel Arcángel
- El Jardín
- Fabrica La Aurora
- Mercado de Artesanias
- Instituto Allende
- Sanctuary of Atotonilco
- El Charco del Ingenio
- Cañada de la Virgen
- Mirador El Caracol
- Las Monjas
Top demand Airbnb in San Miguel de Allende
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 2,972 listings.
See 2,972 listing Statistics
Professional Short-term rental property managers in San Miguel de Allende
We've compiled a list of host profiles that manage the most Airbnb properties in San Miguel de Allende. The dashboard shows their average occupancy rate, revenue, and year-over-year changes.
Other short-term rental market data in San Miguel de Allende
Here is a breakdown of short-let properties in San Miguel de Allende. 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