best places to Airbnb in Almeria
Key Takeaways
• Almeria provides great living conditions, a healthy economy and good rental returns. Thanks to this, various hosts have generated a nice income stream.
• Get to know the main advantages that investors can look forward to when investing in rental properties around Almeria.
• We feature the top recommended areas for real estate investments around Almeria along with their Airbnb dataset.
Introduction
The imposing city of Almeria lies on the southeastern Iberian peninsula, right on the banks of the Mediterranean Sea. Aside from providing spectacular sea views, Almeria also has splendid mountain landscapes as it’s flanked by the Gador, Alhamilla, and Cape Gata.
Almeria may be a small city, but it offers a welcoming atmosphere with plenty of attractions that are worth visiting, such as its historical and artistic heritage sites. On top of that, the city is one of the best places to invest in the Andalusia Community according to our previous blog! Almeria offers a strong rental market and plenty of attractive investment opportunities. For this reason, this city has been catching the attention of real estate investors over the years.
In this article, we’ll talk about the best places to Airbnb in Almeria, Spain and what expectations to have about real estate investments in the city. Continue reading to learn more!
Why should you consider investing in Almeria real estate?
Almeria is an attractive market to invest in considering the variety of promising benefits it offers, especially if you’re aiming to buy a beachfront property or a Villa. Check out some of the major reasons why buying an investment property in Almeria is an excellent idea:
Reasonable cost of living
While Almeria is not the cheapest Spanish city, it’s still fairly affordable compared to other capital cities like Madrid and Barcelona. Furthermore, you also get to enjoy high-quality amenities and everything is within close reach.
According to the Idealista report, the average home value in Almeria is €1,314/m2 with a 1-year change value of +9.1%. Considering it has an affordable real estate market with a variety of cheap property options, investing in Almeria will not only help you to save some budget but also give you a chance of recovering your investment and making a profit!
Good quality of life
Almeria is a small but cozy city that, regardless of its size, provides its residents with great living conditions. Living in this Andalusian city means that you will have easy access to high-quality amenities, a reliable healthcare system, and plenty of educational opportunities!
In addition, Almeria also offers pleasant weather conditions, excellent gastronomy, and plenty of recreational activities that people can enjoy during their free time. Moreover, you also get to enjoy breathtaking landscapes while you indulge in this city’s welcoming atmosphere.
Enjoy the coastal city’s attractions
While Almeria is a semidesert territory, it has a great location on the shores of the Mediterranean with an immense littoral that offers a landscape of striking beauty. The city is well-known for its pristine beaches, small covers, and cliffs with great sunset views.
Beyond its picturesque coast, Almeria offers exciting and promising experiences, with plenty of leisure options, historical and cultural sites, and traditions that are indeed fascinating. Among its top landmarks, we can find the Alcazaba, Almeria Cathedral The ancient walls of Jayrán. Almeria certainly is a top-notch vacation destination as it provides all amenities and facilities that are necessary during a trip!
Is Airbnb Profitable in Almeria?
Don’t worry! Airbtics confirms that investing in real estate in Almeria can surely help you earn a nice income stream, especially during the summer season. Still, other factors such as the property type and location should be analyzed carefully in order to get a good level of profitability.
According to Airbtics’ data, an Airbnb host can expect annual revenue of €10,876 with an occupancy rate of 56% for operating a 2-bedroom property in Almeria.
Best Places to Buy a Rental Property in Almeria, Spain
Almeria is divided into 6 administrative zones, which are further subdivided into a variety of unique and friendly neighborhoods. That said, you can expect that the profitability of each area is consequently different. So you may wonder, “What’s the best location for short-term rentals in Almeria?”.
Check out the best neighborhoods and nearby cities in Almeria, Spain where you should consider buying a property to rent out:
Best Neighborhoods to Invest in Almeria
1. Altamira-Oliveros-Barrio Alto
- Total Number of Airbnb Listings: 30
- Best bedroom size: 2 bedrooms
- Median property price (2 bedrooms): €380,000
- Airbnb Annual revenue: €26,771
- Gross rental yield: 12.95%
2. Retamar
- Total Number of Airbnb Listings: 76
- Best bedroom size: 2 bedrooms
- Median property price (2 bedrooms): €150,000
- Airbnb Annual revenue: €17,788
- Gross rental yield: 11.86%
3. Almeria City Center
- Total Number of Airbnb Listings: 109
- Best bedroom size: 2 bedrooms
- Median property price (2 bedrooms): €130,000
- Airbnb Annual revenue: €17,200
- Gross rental yield: 13.23%
4. Zapillo
- Total Number of Airbnb Listings: 109
- Best bedroom size: 1 bedroom
- Median property price (1 bedroom): €105,000
- Airbnb Annual revenue: €13,310
- Gross rental yield: 12.68%
5. El Toyo
- Total Number of Airbnb Listings: 67
- Best bedroom size: 2 bedrooms
- Median property price (2 bedrooms): €149,000
- Airbnb Annual revenue: €12,837
- Gross rental yield: 8.62%
Best Municipalities to Invest near Almeria Capital
1. Aguadulce
- Distance from Almeria: 11 kilometers
- Total Number of Airbnb Listings: 155
- Best bedroom size: 2 bedrooms
- Median property price (2 bedrooms): €112,000
- Airbnb Annual revenue: €17,323
- Gross rental yield: 15.47%
2. Roquetas de Mar
- Distance from Almeria: 21 kilometers
- Total Number of Airbnb Listings: 384
- Best bedroom size: 2 bedrooms
- Median property price (2 bedrooms): €357,000
- Airbnb Annual revenue: €11,852
- Gross rental yield: 13.62%
3. San José
- Distance from Almeria: 39 kilometers
- Total Number of Airbnb Listings: 199
- Best bedroom size: 1 bedroom
- Median property price (1 bedroom): €160,000
- Airbnb Annual revenue: €15,215
- Gross rental yield: 9.51%
4. Salobreña
- Distance from Almeria: 120 kilometers
- Total Number of Airbnb Listings: 1,077
- Best bedroom size: 3 bedrooms
- Median property price (3 bedrooms): €160,000
- Airbnb Annual revenue: €20,670
- Gross rental yield: 12.92%
5. Almuñecar
- Distance from Almeria: 131 kilometers
- Total Number of Airbnb Listings: 654
- Best bedroom size: 3 bedrooms
- Median property price (3 bedrooms): €225,000
- Airbnb Annual revenue: €22,190
- Gross rental yield: 9.86%
Summary
Almeria offers promising investment opportunities to real estate investors who are looking to buy a property to generate an income stream. While Almeria is a catchy city to invest in as it provides a good return on investment, it’s always important to consider the options carefully without rushing things out.
Getting to know the best areas to Airbnb in Almeria is an excellent way to start your investment journey! And to make your ride more pleasurable, we recommend you think about long-term profitability and use the best short-term rental calculator! This way you can maximize your gains after making data-based decisions.
Explore The Most Profitable Airbnb Locations in Almeria
