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Annual Airbnb Revenue In Santiago De Compostela Spain

Last updated on May 6th, 2024

Santiago de Compostela| Airbnb Market Data & Overview | Spain

Santiago de Compostela
Airbnb Market Data & Overview
Spain

Is it profitable to do Airbnb in Santiago de Compostela, Spain?

What is the occupancy rate of Airbnb in Santiago de Compostela, Spain?

What is the average daily rate of Airbnb in Santiago de Compostela, Spain?

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Santiago de Compostela, Spain Airbnb Data

Last updated on: 15th April, 2024

Spain / Santiago de Compostela
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 Santiago de Compostela is good for Airbnb.

Is Airbnb Profitable in Santiago de Compostela ?

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

67%

€91

Daily Rate

€24K

Revenue (2023)

797

Number of Listings
A typical short-term rental listing in Santiago de Compostela is booked for 245 nights a year, with a median occupancy rate of 67% and an average daily rate of €91. In Santiago de Compostela, A typical host income (annual revenue) was €24K in 2023. There are 797 active Airbnb listings as of 2024-04-15.
A 67% 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 Santiago de Compostela for Airbnb

Best Areas in Santiago de Compostela for Airbnb Are you wondering where to invest in Santiago de Compostela? 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. Santiago de Compostela Cathedral
  2. Plaza del Obradoiro
  3. Old Town (Casco Antiguo)
  4. Parque de la Alameda
  5. Monastery of San Martín Pinario
  6. Mercado de Abastos
  7. Praza da Quintana
  8. Casa do Cabildo
  9. Parque de Belvís
  10. Galician Center of Contemporary Art (CGAC)
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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