Key Takeaways
• As one of the main economic, political, cultural, and touristic centers of the country, Guadalajara offers plenty of attractive opportunities to investors and Airbnb hosts. For this reason, owning rental properties in this city can become a good passive income source.
• Learn what kind of advantages real estate investors can enjoy when investing in Guadalajara’s housing market.
• We unveil the most attractive locations to invest in Guadalajara.As a bonus, we also feature their recommended property types and specific Airbnb dataset.
Introduction
Nestled in the Atemajac Valley lies one of the most important cities in Mexico, Guadalajara. As the capital of Jalisco, which is the cradle of Mexican pride (mariachi music, tequila, and charreria), Guadalajara is regarded as a leading cultural center abroad.
Guadalajara is certainly a charming destination where a deep legacy of traditions is perfectly blended with the urban development and beautiful architecture of the city. Since it’s a tourist, economic, and political center, the capital of Jalisco attracts a high number of overnight visitors throughout the year. Thanks to this, the rental market demand remains steady, making it a perfect location to target investment properties.
Yet, there’s an important factor that you should consider before taking the next step in your journey – where are the most profitable areas to invest in Guadalajara, Mexico?
In this article, you will find out the best places to invest in Airbnb in Guadalajara, Mexico along with some of the expectations when investing in real estate around this location. Continue reading and discover more about this market!
Top reasons to invest in vacation rentals in Guadalajara, Mexico
If you’re looking to achieve the desired financial freedom, perhaps you should consider buying a house and then listing it on platforms like Airbnb. This is because Guadalajara’s rental market can help investors to obtain a good cash-on-cash return.
Wondering what are the main advantages that Guadalajara offers to property investors like you? Then make sure to check out some of the benefits that this wonderful city offers:
Healthy economy
Guadalajara is an important economic hub in Mexico and is one of the major contributors to the country’s national income and GDP. The city enjoys a stable economy that keeps growing at a steady rate. The city’s economic stability is widely sustained by its strong services sector. However, the primary sector also plays a significant role in Guadalajara’s financial situation. Additionally, the city is also a major exporter of Mexican products abroad.
On the other hand, the real estate sector is another important contributor that keeps attracting both domestic and foreign investors.
A great place to live and invest in
Guadalajara is an important city in the country and is home to a wide range of financial, political, cultural, and educational institutions. Moreover, there are plenty of job opportunities. In fact, this cosmopolitan city has become one of the favorite places for relocation among young professionals.
The housing sector also provides a wide variety of property options, so it’s quite easy to find a house that fits not only your needs but also your budget. Additionally, considering that Guadalajara is a popular tourist destination that receives a great number of overnight visitors, it’s quite easy to obtain a good return on investment by renting out your property.
Enjoy the true spirit of Mexican traditions
Wondering what a true tequila should taste like? That’s great because in Guadalajara you can find cantinas (bars) on almost every street! And before you take another shot of tequila, you should stand up and visit renowned landmarks of Guadalajara such as the Guadalajara Cathedral, Expiatory Temple, and Degollado Theatre, among others.
Of course, we can’t forget to suggest you take your time and engage yourself in a gastronomic tour because you must enjoy Guadalajara’s delicious dishes. Then while you diggest all those tasty foods, you can take a relaxing stroll around Lake Chapala, the largest natural lake in Mexico. There’s certainly no lack of activities in Guadalajara as you can see, and we haven’t mentioned them all! So you will need a lot of energy and positive vibes to fully enjoy this city’s attractions.
Is Airbnb Profitable in Guadalajara, Mexico?
If you’re looking to build a path that will eventually lead you to a financially rewarding experience, then targeting the rental market in Guadalajara is a good idea. In fact, Guadalajara is one of the top 5 cities in Mexico to invest in Airbnb!
However, the level of profitability that a listing can generate highly depends on other factors such as house type and location. Hence, you should take time and consider what would be the best property type for your Airbnb listing.
Based on Airbtics’ data, an Airbnb host can expect an average annual revenue of $12,534 (214,032 MXN) and a median occupancy rate of 50% for operating a 2-bedroom property in Guadalajara.
best places to invest in guadalajara
Best Areas to Invest in Short-Term Rentals in Guadalajara, Mexico
Guadalajara is one of the most populous cities in the country and is divided into 48 localities that are home to lively neighborhoods. Hence, the profitability in each area is consequently different, making it a bit difficult to choose the best place to buy a house and set up your rental property. But we got you!
Check out the 5 best places to invest in real estate in Guadalajara where you can start an Airbnb business:
1. Jardines del Bosque
- Total Number of Airbnb Listings: 100
- Best bedroom size: 2 bedrooms
- Median property price (2 bedrooms): $96,595 (1,650,000 MXN)
- Airbnb Annual revenue: $15,369 (262,710 MXN)
- Gross rental yield: 15.91%
2. Obrera
- Total Number of Airbnb Listings: 102
- Best bedroom size: 2 bedrooms
- Median property price (2 bedrooms): $195,000 (3,330,916 MXN)
- Airbnb Annual revenue: $14,988 (256,197 MXN)
- Gross rental yield: 7.69%
3. Ladron de Guevara
- Total Number of Airbnb Listings: 123
- Best bedroom size: 2 bedrooms
- Median property price (2 bedrooms): $215,000 (3,672,548 MXN)
- Airbnb Annual revenue: $13,412 (229,258 MXN)
- Gross rental yield: 6.24%
4. Americana
- Total Number of Airbnb Listings: 407
- Best bedroom size: 2 bedrooms
- Median property price (2 bedrooms): $210,000 (3,587,140 MXN)
- Airbnb Annual revenue: $12,247 (209,344 MXN)
- Gross rental yield: 5.83%
5. Central Zone
- Total Number of Airbnb Listings: 404
- Best bedroom size: 1 bedroom
- Median property price (1 bedroom): $105,376 (1,800,000 MXN)
- Airbnb Annual revenue: $8,429 (144,081 MXN)
- Gross rental yield: 8%
Conclusion
Overall, the Guadalajara housing market offers a variety of housing options with different price ranges and some profitable locations that can certainly allow investors to obtain a good return on investment.
Yet, we recommend analyzing different locations carefully so that you won’t miss out on better investment opportunities. Thus, we recommend you continue your research on finding profitable markets with Airbtics!
Now that you have a deeper understanding of the best places to invest in Airbnb in Guadalajara, jump ahead and check Airbtics’ Airbnb income estimator. Immerse yourself in a profitable investment journey by improving your strategies with data-based decisions!
Explore More Profitable Places Around Guadalajara!
