Last updated on June 21st, 2023
best places to airbnb in seville
Key Takeaways
• Seville possesses an attractive real estate market and a dynamic economy that attracts a high flow of tourists annually. Thanks to this, many hosts can generate a good rental income by owning Airbnb listings.
• Learn about the benefits of investing in rental properties within Seville and nearby cities in the area.
• We disclose the most lucrative neighborhoods and nearby cities in Seville, along with their Airbnb data and recommended property types.
Introduction
The capital of Andalusia Community, Seville, is a city with a strong identity filled with charming neighborhoods whose shores are bathed by the waters of the Guadalquivir River. The city owns an impressive historical heritage and plenty of scenic and cultural spaces that are truly fascinating.
A great number of visitors arrive in Seville per year to visit its iconic landmarks and experience the friendly social scene. Thus, the city itself possesses a strong tourist market as it’s one of the most visited cities in Spain along with Madrid and Barcelona.
Furthermore, real estate investors can be easily captivated by Seville’s promising investment opportunities and other attractive benefits such as its quality of life!
In this article, you’ll discover the best places to do Airbnb in Seville, and also some of the advantages that real estate investments have in the city. Continue reading to learn more about this market!
Top reasons to invest in rental properties in Seville, Spain
It’s a fact that Seville is a great place to live in. And because it offers a good quality of life and an attractive real estate market with promising investment opportunities, it’s also an ideal place to invest in.
Seville has a lot to offer, but you may be wondering – what kind of advantages does this Spanish city offer to real estate investors? Check out some of the main reasons why investment properties in Seville are an excellent idea:
Reasonable cost of living
One of the main advantages of investing in Seville is its affordable cost of living. Considering that Seville is the largest metropolitan area in Andalusia, you may think that its living expenses aren’t cheap, right? But in reality, this city offers a moderate cost of living that is lower compared to other major Spanish cities like Madrid or Barcelona.
Furthermore, Seville also offers an attractive housing market with reasonable prices that offer good returns. The average property price is currently €2,147/m2 as confirmed by Idealista.
Dynamic economy
Seville is the economic capital of Andalusia as it contributes substantially to the community’s GDP. The region enjoys a dynamic and stable economy since many major corporations and startups are headquartered in the city. Consequently, the labor market in Seville is also strong with plenty of job opportunities.
Enjoy the relaxed pace of life
Another factor that makes Seville appealing is its good living conditions and relaxing atmosphere. As a matter of fact, the city holds the 10th spot of Spanish cities with the best quality of life.
Aside from the vibrant culture, Seville is a relatively safe city that offers a reasonable cost of living, great gastronomy, a good education system with affordable universities, and a reliable transportation network.
Plenty of exciting things to do
We can’t deny that Seville must be one of the most beautiful cities in Spain. The city has great weather conditions, exquisite cuisine, and plenty of heritage sites. Moreover, the streets of Seville are lively all year round, and there’s a wide array of leisure activities that you can easily enjoy. As a bonus, you can give it a try and dance to the beat of flamenco music!
Seville is filled with picturesque neighborhoods where you can find a majestic blend of Moorish, Jewish, and Christian architecture. Some of the most iconic landmarks that can be found in Seville are the Alcazar, the Giralda, Seville Cathedral, and Plaza de España.
In addition, we can’t forget to mention Seville’s world-renowned events like Seville April Fair and the iconic Easter Week.
Is Airbnb Profitable in Seville?
Airbtics assures you that it can certainly be financially rewarding. Moreover, it’s also one of the top 5 leading Airbnb cities in Spain according to our previous blog! Having said that, there are still some factors that investors should consider such as the best property types and location before they invest in Seville.
In addition, it’s recommended to learn about the Airbnb regulations in Seville to avoid legal issues and run your listing smoothly.
According to Airbtics’ analytics tool, an average Airbnb host can earn up to €36,994 with an average occupancy rate of 77% for managing a 2-bedroom property in Seville.
Most Profitable Areas for Short-Term Rentals in Seville, Spain
While there are many Airbnb host expenses to consider, the most important part that you should deeply analyze is the property’s location.
Seville has 11 districts, which are further subdivided into 108 neighborhoods. Thus, it can be difficult to find the right location for your rental property since each area has a different level of profitability.
Check out the best neighborhoods and nearby cities in Seville, Spain, that are highly recommended for starting an Airbnb business:
1. Santa Cruz
- Total Number of Airbnb Listings: 258
- Best bedroom size: 2 bedrooms
- Median property price (2 bedrooms): €356,000
- Airbnb Annual revenue: €51,781
- Gross rental yield: 14.55%
2. Los Remedios
- Total Number of Airbnb Listings: 119
- Best bedroom size: 2 bedrooms
- Median property price (2 bedrooms): €250,000
- Airbnb Annual revenue: €33,367
- Gross rental yield: 13.35%
3. El Arenal
- Total Number of Airbnb Listings: 505
- Best bedroom size: 1 bedroom
- Median property price (1 bedroom): €268,000
- Airbnb Annual revenue: €32,748
- Gross rental yield: 12.22%
4. Triana
- Total Number of Airbnb Listings: 574
- Best bedroom size: 2 bedrooms
- Median property price (2 bedrooms): €230,000
- Airbnb Annual revenue: €31,420
- Gross rental yield: 13.66%
5. Nervión
- Total Number of Airbnb Listings: 100
- Best bedroom size: 2 bedrooms
- Median property price (2 bedrooms): €250,000
- Airbnb Annual revenue: €28,554
- Gross rental yield: 11.42%
6. Macarena
- Total Number of Airbnb Listings: 210
- Best bedroom size: 2 bedrooms
- Median property price (2 bedrooms): €96,000
- Airbnb Annual revenue: €27,364
- Gross rental yield: 28.50%
7. Regina
- Total Number of Airbnb Listings: 192
- Best bedroom size: 1 bedroom
- Median property price (1 bedroom): €218,000
- Airbnb Annual revenue: €27,244
- Gross rental yield: 12.50%
8. San Vicente
- Total Number of Airbnb Listings: 253
- Best bedroom size: 1 bedroom
- Median property price (1 bedroom): €265,000
- Airbnb Annual revenue: €26,285
- Gross rental yield: 9.92%
9. Alameda
- Total Number of Airbnb Listings: 274
- Best bedroom size: 1 bedroom
- Median property price (1 bedroom): €190,000
- Airbnb Annual revenue: €25,101
- Gross rental yield: 13.21%
10. San Julián
- Total Number of Airbnb Listings: 246
- Best bedroom size: 1 bedroom
- Median property price (1 bedroom): €140,000
- Airbnb Annual revenue: €24,349
- Gross rental yield: 17.39%
Takeaway
In conclusion, Seville has promising neighborhoods and nearby cities that can bring attractive rental yields and annual revenue to investors. It has many profitable areas that offer good investment opportunities to Airbnb hosts & investors, so it can become a great way of achieving financial freedom. However, we still encourage Airbnb hosts like you to analyze each option carefully.
Discovering the best places to Airbnb in Seville, Spain is an excellent way to start your journey and now you should aim higher. Check our short-term rental calculator and increase your profitability now!
