Last updated on June 21st, 2023
best places to Airbnb in Zaragoza
Key Takeaways
• Zaragoza offers a diverse real estate market, a healthy economy, and a growing labor market. Thanks to all these, many Airbnb hosts and investors have achieved financial freedom.
• Learn the pros of why buying a rental property in Zaragoza can be a successful and remunerative experience.
• Discovering the top areas in Zaragoza along with their respective Airbnb dataset can help you to make the best investment decisions.
Introduction
The capital of the Aragon Community, Zaragoza, lies brightly on the shores of the Ebro, Huerva, and Gállego, which gifts the city with a dazzling landscape. Zaragoza is a destination where culture and nature mingle perfectly, delivering the perfect ambiance for vibrant and memorable experiences.
It’s almost impossible not to like Zaragoza’s dazzling atmosphere, particularly if you’re looking for a place to disconnect yourself from the bustling cities.
According to Airbnb, Zaragoza draws the attention of domestic and foreign visitors, especially US travelers, during traditional festivities such as Easter Week. Hence, this city can certainly be an interesting market to target for rental properties
In this blog, we reveal the best places to invest in Airbnb in Zaragoza. We also mention some of the main advantages that investors can have when investing in real estate in this city. Continue reading to learn more.
Pros of real estate investments in Zaragoza
Buying investment properties in Zaragoza won’t only allow investors to enjoy all kinds of unique experiences, but it will also offer them the opportunity to eventually achieve financial freedom.
Check out some of the reasons why buying an Airbnb investment property in Zaragoza is a great idea:
Stable financial situation
Zaragoza is an economically healthy city as the government promotes a competitive economic model that creates a secure and stable labor market. The sectors that contribute the most to the city’s economic growth are logistics, agribusiness, automotive industry, renewable energy, tourism and other business services. Furthermore, Zaragoza stands out with its higher educational institutes and scientific research centers.
Livability
Zaragoza has a welcoming community that offers a great quality of life. With plenty of green spaces, recreational options, a sustainable and reliable transportation system, and remarkable gastronomy, Zaragoza stands out as a great place to live and work!
Additionally, Zaragoza offers a reasonable cost of living and housing market compared to other large metropolitan areas. According to FotoCasa, the average property price is currently €179,860 with a 1-year value change of 5.0%.
Explore Zaragoza’s historical streets
Zaragoza is quite renowned for its folklore, traditions, gastronomy, and captivating architecture. The city is home to the emblematic works of Francisco de Goya and mighty landmarks of different architectural styles. Among Zaragoza’s most popular sites, we can find the Aljaferia Palace and La Seo Cathedral which are UNESCO World Heritage Sites.
Zaragoza itself is a historical heritage city with plenty of treasures of different cultures throughout its streets. Of course, we can’t forget to mention the city’s famous and highly acclaimed festivals like Fiestas del Pilar, Saint John’s Day, and Holy Week.
Is Airbnb Profitable in Zaragoza?
Airbtics confirms that investing in real estate in Zaragoza is certainly an excellent investment idea because you can generate a nice income stream. But we must point out that the level of profitability depends on other important factors like the property type and location.
According to Airbtics’ data, an Airbnb host can expect an average annual revenue of €25,746 and a median occupancy rate of 74% for operating a 2-bedroom property in Zaragoza.
Top Rental Markets around Zaragoza
While there are many Airbnb host expenses to take into account, the most essential part is to analyze the property’s location so that you can secure your return on investment.
Zaragoza is divided into 29 neighborhoods, each of them with its distinctive personality and charm. Considering this, the level of profitability is consequently different in each area, so finding the right location for your rental property can be a bit difficult.
Check out the best places in Zaragoza that are recommended for Airbnb investment properties:
Best Neighborhoods to Invest in Zaragoza
1. Alfonso
- Total Number of Airbnb Listings: 111
- Best bedroom size: 2 bedrooms
- Median property price (2 bedrooms): €205,000
- Airbnb Annual revenue: €31,606
- Gross rental yield: 15.42%
2. Centro
- Total Number of Airbnb Listings: 103
- Best bedroom size: 2 bedrooms
- Median property price (2 bedrooms): €225,000
- Airbnb Annual revenue: €30,334
- Gross rental yield: 13.48%
3. San Pablo
- Total Number of Airbnb Listings: 99
- Best bedroom size: 2 bedrooms
- Median property price (2 bedrooms): €160,000
- Airbnb Annual revenue: €27,089
- Gross rental yield: 16.93%
4. La Magdalena
- Total Number of Airbnb Listings: 61
- Best bedroom size: 2 bedrooms
- Median property price (2 bedrooms): €179,500
- Airbnb Annual revenue: €21,595
- Gross rental yield: 12.03%
5. Delicias
- Total Number of Airbnb Listings: 91
- Best bedroom size: 2 bedrooms
- Median property price (2 bedrooms): €160,000
- Airbnb Annual revenue: €21,034
- Gross rental yield: 13.15%
Best Cities to Invest near Zaragoza
1. Huesca
- Distance from Zaragoza: 74 kilometers
- Total Number of Airbnb Listings: 63
- Best bedroom size: 2 bedrooms
- Median property price (2 bedrooms): €126,500
- Airbnb Annual revenue: €20,881
- Gross rental yield: 16.51%
2. Jaca
- Distance from Zaragoza: 142 kilometers
- Total Number of Airbnb Listings: 195
- Best bedroom size: 2 bedrooms
- Median property price (2 bedrooms): €150,000
- Airbnb Annual revenue: €18,923
- Gross rental yield: 12.62%
3. Teruel
- Distance from Zaragoza: 171 kilometers
- Total Number of Airbnb Listings: 104
- Best bedroom size: 2 bedrooms
- Median property price (2 bedrooms): €153,000
- Airbnb Annual revenue: €22,300
- Gross rental yield: 14.58%
Takeaway
Zaragoza offers a variety of types and prices when it comes to housing options and also many promising areas. This confirms that real estate investors can obtain a good return on investment by owning an Airbnb listing around the city.
Now that you know the best places in Zaragoza for Airbnb, go ahead and check Airbtics’ short-term rental calculator. Set your sails and brace yourself for a financially rewarding ride to make the most out of your investment properties now!
Explore The Most Profitable Airbnb Locations in Zaragoza
