Most Profitable Airbnb Rental Arbitrage Markets in South America in 2025

Based on our data, this page shows the top markets to do Airbnb Rental Arbitrage in South America with key statistics and information, like average long-term rental revenue for 2-bedroom, short-term rental revenue, and average rent gap. This allows you to discover the most profitable cities to start Airbnb Arbitrage in South America.

Best Cities to start Rental Arbitrage in South America


Rent Gap: It indicates the average revenue differences between long-term and short-term rental revenues. The bigger the gap, the easier it is for you to make profits by doing rental arbitrage. The table is sorted by the rent gap. All data presented in this report is based on 2-bedroom properties.

STR (Short-Term Rental): Refers to short-term rental data, which is tracked and verified by Airbtics.

STR Revenue: Represents the average annual revenue generated by short-term rentals, as captured by Airbtics' dataset.

LTR (Long-Term Rental): Refers to traditional rental markets.

LTR Revenue: Represents the average annual rental income collected by landlords. For comparability, we assume a 90% occupancy rate for long-term rentals. The data is currently sourced through ChatGPT. However, Airbtics is in the process of collecting and standardizing this data internally. By November 2025, these external sources will be fully replaced with Airbtics' proprietary datasets.

Sorting Basis: The tables are ranked by the Rent Gap between short-term and long-term rental revenues for an average 2-bedroom property.

Last updated: September, 2025

Position Market Name LTR revenue STR revenue Rent Gap Number of Airbnb Listings Regulation
1 El calafate, Argentina $3.24K $16.42K 406% 833
Lenient
2 Mar del plata, Mar del plata, Argentina $3.78K $15.02K 297% 3,366
Lenient
3 San carlos de bariloche, Argentina $4.86K $18.37K 277% 4,278
Lenient
4 Ushuaia, Argentina $5.40K $20.22K 274% 1,555
Lenient
5 San andres, Columbia $6.48K $23.03K 255% 1,630
Strict
6 Malalcahuello, Chile $5.40K $19.14K 254% 116
Lenient
7 Santiago del estero, Argentina $2.70K $9.37K 247% 170
Lenient
8 Cartagena, Columbia $6.48K $22.04K 240% 9,458
Strict
9 Cordoba, Argentina $3.78K $12.66K 234% 2,456
Lenient
10 Buenos aires, Argentina $5.40K $17.14K 217% 31,533
Lenient
11 Asuncion, Paraguay $4.86K $15.38K 216% 1,489
Lenient
12 San martin de los andes, Argentina $6.48K $19.35K 198% 1,001
Lenient
13 Rio de janeiro, Brazil $7.56K $22.43K 196% 31,533
Lenient
14 Coquimbo, Chile $4.32K $11.85K 174% 1,415
Lenient
15 Rosario, Argentina $3.78K $10.18K 169% 1,156
Lenient
16 Matanzas, Chile $6.48K $17.25K 166% 238
Lenient
17 Florianpolis, Brazil $6.48K $17.12K 164% 20,036
Lenient
18 San pedro de atacama, Chile $6.48K $17.13K 164% 838
Lenient
19 Punta del este, Uruguay $9.72K $25.63K 163% 3,578
Lenient
20 Montevideo montevideo department, Uruguay $7.56K $19.81K 162% 2,484
Lenient
21 Mendoza, Argentina $3.78K $9.84K 160% 3,074
Lenient
22 Temuco, Chile $4.86K $12.47K 156% 459
Lenient
23 Santa marta co, Columbia $4.86K $12.42K 155% 5,275
Strict
24 Puerto varas, Chile $7.02K $17.84K 154% 761
Lenient
25 Salta, Argentina $3.78K $9.53K 152% 1,204
Lenient
26 Santiago de chille, Chile $7.56K $18.54K 145% 10,646
Lenient
27 Fernando de noronha, Brazil $12.96K $31.45K 142% 183
Lenient
28 Barranquilla, Columbia $4.32K $9.78K 126% 1,965
Strict
29 Concepcion, Chile $5.40K $12.11K 124% 841
Lenient
30 Medellin, Columbia $7.02K $15.41K 119% 15,223
Strict
31 Bucaramanga, Columbia $3.78K $8.31K 119% 663
Strict
32 Recife, Brazil $5.40K $11.79K 118% 2,839
Lenient
33 Curitiba, Brazil $5.40K $11.47K 112% 5,172
Lenient
34 Punta arenas, Chile $5.40K $11.49K 112% 518
Lenient
35 Vina del mar, Chile $7.56K $15.68K 107% 3,459
Lenient
36 Pereira, Columbia $3.78K $7.71K 103% 1,613
Strict
37 , Brazil $4.32K $8.71K 101% 2,683
Lenient
38 Valdivia, Chile $5.40K $10.83K 100% 949
Lenient
39 Calama, Chile $6.48K $12.62K 94% 143
Lenient
40 Papudo, Chile $7.02K $13.41K 91% 274
Lenient
41 Manaos, Brazil $4.86K $9.08K 86% 1,038
Lenient
42 Ica, Peru $2.70K $5.05K 86% 608
Lenient
43 La serena, Chile $6.48K $12.02K 85% 2,443
Lenient
44 Salvador de bahia, Brazil $6.48K $11.93K 84% 6,781
Lenient
45 Manizales, Columbia $3.78K $6.93K 83% 742
Strict
46 Concon, Chile $7.56K $13.71K 81% 1,437
Lenient
47 Cali, Columbia $4.32K $7.79K 80% 4,529
Strict
48 Lima, Peru $6.48K $11.68K 80% 15,399
Lenient
49 Puerto montt, Chile $5.40K $9.60K 77% 367
Lenient
50 Bogota, Columbia $6.48K $11.33K 74% 13,204
Strict
51 Pucon, Chile $7.56K $12.78K 68% 901
Lenient
52 Miraflores, Peru $9.72K $16.09K 65% 4,719
Lenient
53 Arequipa, Arequipa region, Peru $4.32K $7.16K 65% 1,383
Lenient
54 Sao paulo, Brazil $10.26K $16.86K 64% 31,071
Lenient
55 Cusco, Peru $4.86K $7.65K 57% 4,008
Lenient
56 San miguel, Peru $5.40K $8.19K 51% 991
Lenient
57 Valparaiso, Valparaiso, Chile $7.02K $10.56K 50% 1,289
Lenient
58 Brasilia, Brazil $8.10K $11.50K 41% 5,809
Lenient
59 Cachagua, Chile $12.96K $17.79K 37% 89
Lenient
60 Barranco, Peru $9.72K $12.79K 31% 1,965
Lenient
61 Quito, Ecuador $6.48K $7.77K 19% 4,441
Lenient
62 Cartagena, Chile $5.40K $5.83K 8% 64
Lenient
63 Cajamarca, Peru $3.78K $4.03K 6% 542
Lenient

Find the best Rental Markets with our interactive tool (Short-term rental focus currently)

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