Is it profitable to do Airbnb in Santiago, Chile?
What is the occupancy rate of Airbnb in Santiago, Chile?
What is the average daily rate of Airbnb in Santiago, Chile?
Chile / Santiago
Santiago, Airbnb Market Statistics & Data, Chile
A typical short-term rental listing in Santiago is booked for 237 nights a year, with a median occupancy rate of 65% and an average daily rate of CLP42,604. In 2023, a typical host income (annual revenue) was CLP9M. As of 12th September, 2024, there are 8,797 active Airbnb listings.
Average Revenue: CLP9M/yr
Occupancy Rate
65%
Avg Daily Rate
CLP42,604
Budget
No. of Listings
14,288
Big
YoY Revenue Change
-4.58%
Best Month
July
** Period: 2023 Aug - 2024 July | Last Updated on: 12th September, 2024
Revenue By Month
2023-08 - 2024-07
Low
CLP677,442
Average
CLP857,282
High
CLP1,130,803
Is Airbnb Profitable in Santiago?
Yes, there is good short-term rental demand. A 65% 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 Santiago
Short-term rental regulation is lenient in Santiago. 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 Santiago
A typical listing recorded a 65% average occupancy rate between 2023-08 - 2024-07. In this graph, you can see the occupancy rate distribution. About 34.52% of the guests are international guests, and visitors from Chile 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: 65%
8,797 Active Listings
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Explore Santiago's Airbnb Data ⟶
Best Areas in Santiago for Airbnb
Are you wondering where to invest in Santiago? Look no further!
- Plaza de Armas
- Cerro San Cristóbal
- La Moneda Palace
- Bellavista Neighborhood
- Santa Lucía Hill
- Central Market (Mercado Central)
- Santiago Metropolitan Cathedral
- Lastarria Neighborhood
- Sanhattan
- Parque Forestal
Top demand Airbnb in Santiago
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 8,797 listings.
See 8,797 listing Statistics
Professional Short-term rental property managers in Santiago
We've compiled a list of host profiles that manage the most Airbnb properties in Santiago. The dashboard shows their average occupancy rate, revenue, and year-over-year changes.
Other short-term rental market data in Santiago
Here is a breakdown of short-let properties in Santiago. 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