Is it profitable to do Airbnb in Vigo, Spain?
What is the occupancy rate of Airbnb in Vigo, Spain?
What is the average daily rate of Airbnb in Vigo, Spain?
Spain / Vigo
Vigo, Airbnb Market Statistics & Data, Spain
A typical short-term rental listing in Vigo is booked for 197 nights a year, with a median occupancy rate of 54% and an average daily rate of €80. In 2023, a typical host income (annual revenue) was €15K. As of 12th September, 2024, there are 1,305 active Airbnb listings.
Average Revenue: €15K/yr
Occupancy Rate
54%
Avg Daily Rate
€80
Budget
No. of Listings
1,668
Medium
Best Month
August
** Period: 2023 Aug - 2024 July | Last Updated on: 12th September, 2024
Revenue By Month
2023-08 - 2024-07
Low
€624
Average
€1,219
High
€2,269
Is Airbnb Profitable in Vigo?
Yes, there is good short-term rental demand. A 54% 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 Vigo
Short-term rental regulation is lenient in Vigo. 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 Spain, learn how much it costs to start an Airbnb and if it’s profitable to start an Airbnb.
Average Airbnb Occupancy Rate in Vigo
A typical listing recorded a 54% average occupancy rate between 2023-08 - 2024-07. In this graph, you can see the occupancy rate distribution. About 39.16% of the guests are international guests, and visitors from Spain 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: 54%
1,305 Active Listings
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Explore Vigo's Airbnb Data ⟶
Best Areas in Vigo for Airbnb
Are you wondering where to invest in Vigo? Look no further!
Top demand Airbnb in Vigo
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 1,305 listings.
See 1,305 listing Statistics
Professional Short-term rental property managers in Vigo
We've compiled a list of host profiles that manage the most Airbnb properties in Vigo. The dashboard shows their average occupancy rate, revenue, and year-over-year changes.
Other short-term rental market data in Vigo
Here is a breakdown of short-let properties in Vigo. 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.
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