Last updated on June 21st, 2023
best places to Airbnb in murcia
Key Takeaways
• The low cost of living, affordable real estate market, and economic growth of Murcia have helped many hosts to earn a nice passive income through Airbnb.
• Learn the advantages that investors can enjoy when investing in short-term rentals in Murcia.
• Discover the top 10 areas in Murcia along with their median housing values and respective Airbnb data.
Introduction
Located on the shores of the Segura River on the southeast of the Iberian Peninsula, we can find the welcoming city of Murcia. This city is majestically surrounded by a chain of mountains and owns a rich history as a city of Arab origin. With scenic beauty, historical streets, and a variety of architectural gems, Murcia stands out as a charming destination that you should visit at least once in your lifetime.
Furthermore, Murcia offers an interesting real estate market, a great quality of life, and a warm environment. This has drawn many investors’ attention over the past few years. But you may wonder, “which are the most profitable areas for Airbnb in Murcia?” – allow us to lend you a hand!
In this article, we’ll feature the best places to invest in Airbnb in Murcia and some of the expectations for investment properties in this city. Continue reading to learn more.
Advantages of investing in real estate in Murcia
Buying an investment property in Spain, specifically in Murcia, can become a great source of income, thanks to its promising opportunities. But you may be wondering what advantages does this location offer to property investors?
Check out some of the major reasons why buying a rental property in Murcia is a great idea:
Great quality of life
Murcia does not only offer great scenic beauty but also a great quality of life! With almost 300 sunny days and a friendly atmosphere, you can expect to enjoy a magnificent living experience!
Murcia offers a safe environment and modern infrastructure with plenty of educational opportunities and research centers. The city is well connected with an international airport, highways, and trains that make it easier for people to get around the city or even make domestic and international travels!.
Affordable cost of living
Another positive advantage that Murcia offers is its affordable cost of living! In fact, living expenses and housing prices are fairly lower in Murcia compared to other major cities. And the best thing is that you still get to enjoy a high standard of living.
Murcia also has an attractive real estate market with a wide variety of property options at affordable prices. According to Fotocasa portal, the average property price is €171K and €1,435/m2 with a 1-year value change of 8.7%.
Stable economy
Murcia enjoys a stable economy as a center for agriculture and services in the region. The city serves as a strategic point of commercial trade in the Murcia Region that also extends its influence areas to its neighboring provinces.
In addition, Murcia is enjoying steady economic growth with the government promoting investment in the area. Thanks to this, this city has also seen an increase in foreign investment.
Plenty of things to do
While Murcia offers a relaxed lifestyle, it also possesses a large catalog of leisure options that will surely suit everyone’s tastes. Throughout the city, you can find a variety of museums, casinos, water parks, restaurants, bars, and much more.
The city also hosts a variety of events and festivals! Among its most popular festivities, we can find Easter Week and the traditional Burial of the Sardine.
Of course, we cannot forget to mention the region’s coastline which is one of the top tourist attractions. With extensive sandy beaches, you can enjoy a wide array of water sports such as water skiing, kayaking, diving, and windsurfing.
Is Airbnb Profitable in Murcia?
Are you concerned that your investment property in Murcia won’t be profitable? Don’t worry! Airbtics confirms that investing in real estate in Murcia is certainly profitable. Yet, investors should note that the level of profitability highly depends on the property type and location.
Based on Airbtics’ data, an Airbnb host can expect an average annual revenue of €20,151 and a median occupancy rate of 67% for operating a 2-bedroom property in Murcia City.
Best Areas in Murcia to Invest in Rental Properties
While there is a variety of Airbnb host expenses that should be considered, it’s crucial to choose the right property location to boost your profit.
Murcia is divided into 28 neighborhoods, each with its own unique characteristics and charms. Considering there is a variety of areas in the city, their profitability is consequently different. Thus, choosing the adequate market to buy your investment property in Murcia can turn into a difficult challenge.
Check out the best neighborhoods and nearby cities in Murcia that are highly recommended for starting a rental property:
5 Best Neighborhoods to Invest in Murcia City
1. Vistalegre
- Total Number of Airbnb Listings: 31
- Best bedroom size: 2 bedrooms
- Median property price (2 bedrooms): €175,000
- Airbnb Annual revenue: €41,079
- Gross rental yield: 23.47%
2. Catedral
- Total Number of Airbnb Listings: 35
- Best bedroom size: 1 bedroom
- Median property price (1 bedroom): €198,000
- Airbnb Annual revenue: €25,206
- Gross rental yield: 12.73%
3. Sucina
- Total Number of Airbnb Listings: 92
- Best bedroom size: 2 bedrooms
- Median property price (2 bedrooms): €79,000
- Airbnb Annual revenue: €22,138
- Gross rental yield: 28.02%
4. El Carmen
- Total Number of Airbnb Listings: 63
- Best bedroom size: 2 bedrooms
- Median property price (2 bedrooms): €162,900
- Airbnb Annual revenue: €22,126
- Gross rental yield: 13.58%
5. Norte
- Total Number of Airbnb Listings: 63
- Best bedroom size: 1 bedroom
- Median property price (1 bedroom): €139,000
- Airbnb Annual revenue: €19,500
- Gross rental yield: 14.03%
5 Best Cities to Invest in Near Murcia City
1. Cartagena
- Distance from Murcia: 50 kilometers
- Total Number of Airbnb Listings: 203
- Best bedroom size: 2 bedrooms
- Median property price (2 bedrooms): €155,000
- Airbnb Annual revenue: €31,899
- Gross rental yield: 20.58%
2. Los Alcazares
- Distance from Murcia: 51 kilometers
- Total Number of Airbnb Listings: 1,455
- Best bedroom size: 2 bedrooms
- Median property price (2 bedrooms): €105,000
- Airbnb Annual revenue: €20,562
- Gross rental yield: 19.58%
3. La Manga
- Distance from Murcia: 71 kilometers
- Total Number of Airbnb Listings: 627
- Best bedroom size: 2 bedrooms
- Median property price (2 bedrooms): €125,000
- Airbnb Annual revenue: €18,242
- Gross rental yield: 14.59%
4. Mazzarón
- Distance from Murcia: 75 kilometers
- Total Number of Airbnb Listings: 4,134
- Best bedroom size: 2 bedrooms
- Median property price (2 bedrooms): €95,000
- Airbnb Annual revenue: €18,113
- Gross rental yield: 19.06%
5. Aguilas
- Distance from Murcia: 105 kilometers
- Total Number of Airbnb Listings: 2,237
- Best bedroom size: 3 bedrooms
- Median property price (3 bedrooms): €124,000
- Airbnb Annual revenue: €28,278
- Gross rental yield: 22.80%
Takeaway
In summary, Murcia has a variety of profitable areas that offer good investment opportunities to investors. While there are diverse places around Murcia with attractive rental yields and annual revenue, it’s important to carefully consider your options.
After discovering the best places to Airbnb in Murcia, take the next step and check Airbtics’ short-term rental calculator. Think about long-term profitability and maximize your gains by using the best analytics tools!
Explore The Most Profitable Airbnb Locations in Murcia
