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8 Best Places to Buy to Let in Halifax, NS: Top Investment Locations for Airbnb

8 Best Places to Buy to Let in Halifax, NS – Top Investment Locations for Airbnb: Discover top buy-to-let hotspots in Halifax, Nova Scotia and guarantee your investment success!

buy to let halifax

Discover top buy-to-let hotspots in Halifax, Nova Scotia and guarantee your investment success!

Key Takeaways

  • Halifax’s flourishing economy, affordable real estate market, and exceptional quality of life have paved the way for numerous Airbnb hosts and investors to generate a nice rental income from their rental properties.
  • By making use of the Airbtics Tool, we’ve compiled a list of the top 8 areas in Halifax that offer promising investment opportunities. We also feature key Airbnb statistics and recommendations on property types.

Halifax’s Buy-to-Let Opportunities Amidst Maritime Beauty and Cultural Riches

The beautiful city of Halifax is located in Nova Scotia province and is the economic hub in Atlantic Canada. It’s a destination that is quite famous for its breathtaking landscapes and impressive harbor. This coupled with its vibrant cultural scene, rich history and lively nightlife, allows the city to offer an unforgettable experience.

It’s an undeniable truth that Halifax is a captivating city that effortlessly blends its maritime history with picturesque beauty, making it the perfect place for immersing yourself in culture and nature. Therefore, it’s entirely reasonable that you’re interested in investing in Halifax’s real estate market. But, before you embark on this journey, it’s essential to establish smart strategies and make use of Airbnb research tools to ensure your rental success and pinpoint the most promising areas.

In this blog post, we unveil the prime locations for buy-to-let investments in Halifax. We also highlight key advantages that real estate investors should be aware of when considering investments in Halifax. Want to learn more? Keep reading!

Why should you consider investing in the housing market of Halifax, Nova Scotia?

Owning an income property in Halifax not only promises access to stunning landscapes but also presents investors with the potential path to financial independence since it ranks among the top Canadian cities for Airbnb investments. Yet, you might still be wondering: What are the benefits that the Halifax rental market offers to real estate investors?

Check out some reasons why investing in real estate in Halifax is a great idea:

  • Reasonable housing prices & a strong rental market

Real estate prices in Canada’s major metropolitan cities have skyrocketed in recent years, making it difficult for those on a tight budget to own a home. But there are some parts of the country where housing values are still relatively reasonable such as Halifax. For instance, property investors can find a variety of real estate options at different prices. Currently, the median property price is C$531K, which is lower than the national average real estate value.

On the other hand, Halifax has a low vacancy rate in the rental market. The city is home to several renowned educational institutions, which means it has a large student population. Moreover, Halifax is enjoying a steady population growth and also welcomes many tourists every year. Thanks to this, the city ensures higher rental occupancy and greater stability in rental income generation

  • Enjoy the amazing living conditions

When seeking to target a particular market, the quality of life in the local area is a key factor to consider. On the bright side, Halifax is regarded as a coastal gem and is usually mentioned as one of the best places to live and work in Canada. It features a high standard of living, with a clean and safe environment, stunning scenery, top-notch health care, renowned educational institutions, and a broad selection of recreational activities. 

The city managed to successfully maintain its charm of a small town while still having the hustle and bustle of the city. Thanks to this, Halifax is considered a great place to live if you’re looking for a bustling city with a bit of a quaint feel.

  • Stable and diversified economy

Halifax is a vibrant and prosperous city that is experiencing steady economic growth. The city boasts a wide range of job opportunities in a variety of industries, such as education, technology, the maritime sector, and tourism. This coupled with its strategic location, allows the city to provide an environment that is adequate to both professional and economic development.

  • A beautiful city with plenty of things to do

There’s always something fun to do in the small yet charming Halifax. From interesting cultural attractions to exciting maritime activities, Halifax’s got it all! There are numerous stores, art galleries, theaters, restaurants and bars across the city. Plus, Halifax hosts a series of festivals and events all year round, like International Buskers and Halifax Jazz Festival.

On top of that, the city is surrounded by stunning natural scenery, including beautiful beaches, national parks and picturesque coastal landscapes. There are many opportunities for hiking, biking and outdoor activities. Considering it’s a coastal city, you also have the opportunity to explore the Atlantic coast through a wide variety of maritime activities, including sailing, fishing, and boating.

Is Airbnb Profitable in Halifax?

Don’t worry! Airbtics confirms that owning an investment property in Halifax can provide you with a financially rewarding experience as well as great business opportunities. In fact, Halifax is one of the best cities for Airbnb investments in Nova Scotia.

For instance, an average Airbnb host can earn up to C$75,478 with a median occupancy rate of 90% for managing a 2-bedroom apartment in Halifax, NS as confirmed by Airbtics’ free Airbnb profit estimator

While Halifax presents promising investment prospects, it’s essential for investors to bear in mind the potential for profitability depends on other factors such as the property type and location.

8 Prime Locations for Investment Property in Halifax in 2023

There are many Airbnb host expenses to consider when you plan on operating a buy-to-let property, yet the most important part is to analyze the property’s location. However, choosing the right place to set up an Airbnb listing can be quite challenging because the city is divided into a variety of areas that generate different levels of profitability.

Check out the best places for buy-to-let properties in Halifax and are recommended for starting an Airbnb business:

airbtics-logo-300x87
Location Airbnb Listings Best Number of Bedrooms Median Property Price Airbnb Annual Revenue GRY
Downtown Halifax 77 2 bedrooms C$869,900 (2 BR) C$72,095 8.29%
West End 106 2 bedrooms C$695,000 (2 BR) C$57,407 8.26%
South End 230 1 bedroom C$475,000 (1 BR) C$52,273 11%
North End 227 1 bedroom C$350,000 (1 BR) C$46,092 13.17%
Fairview 44 2 bedrooms C$300,000 (2 BR) C$39,724 13.24%
Armdale 91 1 bedroom C$298,000 (1 BR) C$38,824 13.03%
Dartmouth (Halifax Regional Municipality) 234 1 bedroom C$360,000 (1 BR) C$37,911 10.53%
Bedford (Halifax Regional Municipality) 76 1 bedroom C$335,000 (1 BR) C$35,312 10.54%

Location

Airbnb Dataset

  • Total Number of Airbnb Listings: 77
  • Best Number of Bedrooms: 2 bedrooms
  • Median Property Price (2 bedrooms): C$869,900
  • Airbnb Annual Revenue: C$72,095
  • Gross Rental Yield: 8.29%
  • Total Number of Airbnb Listings: 106
  • Best Number of Bedrooms: 2 bedrooms
  • Median Property Price (2 bedrooms): C$695,000
  • Airbnb Annual Revenue: C$57,407
  • Gross Rental Yield: 8.26%
  • Total Number of Airbnb Listings: 230
  • Best Number of Bedrooms: 1 bedroom
  • Median Property Price (1 bedroom): C$475,000
  • Airbnb Annual Revenue: C$52,273
  • Gross Rental Yield: 11%
  • Total Number of Airbnb Listings: 227
  • Best Number of Bedrooms: 1 bedroom
  • Median Property Price (1 bedroom): C$350,000
  • Airbnb Annual Revenue: C$46,092
  • Gross Rental Yield: 13.17%
  • Total Number of Airbnb Listings: 44
  • Best Number of Bedrooms: 2 bedrooms
  • Median Property Price (2 bedrooms): C$300,000
  • Airbnb Annual Revenue: C$39,724
  • Gross Rental Yield: 13.24%
  • Total Number of Airbnb Listings: 91
  • Best Number of Bedrooms: 1 bedroom
  • Median Property Price (1 bedroom): C$298,000
  • Airbnb Annual Revenue: C$38,824
  • Gross Rental Yield: 13.03%
  • Total Number of Airbnb Listings: 234
  • Best Number of Bedrooms: 1 bedroom
  • Median Property Price (1 bedroom): C$360,000
  • Airbnb Annual Revenue: C$37,911
  • Gross Rental Yield: 10.53%
  • Total Number of Airbnb Listings: 76
  • Best Number of Bedrooms: 1 bedroom
  • Median Property Price (1 bedroom): C$335,000
  • Airbnb Annual Revenue: C$35,312
  • Gross Rental Yield: 10.54%
Explore More Profitable Locations in Halifax, NS!

How to Find Profitable Markets for Airbnb Investment: Your Guide to Smart Property Research with Airbtics

Identifying viable rental markets can be a time-consuming process. That’s why leveraging advanced resources available to property investors is a smart move to hasten this process.

On top of that, consider exploring real estate forums and conducting thorough research on search engines to uncover which locations are piquing investors’ interest in specific countries. This will also help you to sort your list and have a clear idea of which cities to focus on. Plus, we encourage investors like you to make use of analytics tools to find profitable markets to invest in Airbnb, particularly those that can provide dynamic data.

Imagine exploring a city while simultaneously gaining invaluable insights to simplify your investment research. It may sound like a dream, but it’s entirely achievable with the Airbtics Dashboard. Here, you can access to accurate dataset showcasing metrics like average revenue, occupancy rates, nightly rates, and seasonality, among others.

But don’t take just our word for it, go ahead and take a look at Simon, an Airbtics customer, who ventured into a new Airbnb market, ultimately achieving higher profitability than his previous one!

Canada Airbnb

But, it can happen that your target area is not appearing in the search results, but don’t worry! You can easily create your own custom market.

Now, that you have a better view of your target market, go ahead and play around with the filters and find the results that fit your needs. You can use filters to find out what type of property offers the most attractive profit in your preferred area. 

The best part of using dynamic data is that by moving and zooming in and out of your map, the data will also change accordingly!

Canada Airbnb

You can replicate this process as many times as needed to determine which property type makes a sound investment choice in your target area. By comparing data across various property types, you can pinpoint the option that aligns best with your preferences and goals!

Halifax’s Rental Market: Setting Sails to a Profitable Airbnb Journey

In summary, we can conclude real estate investors in Halifax have a promising opportunity to generate substantial rental income by listing their properties on platforms like Airbnb. The city’s robust tourism industry and strong rental demand make it an attractive destination for investors aiming to achieve long-term financial stability.

Discovering the prime locations for buy-to-let properties in Halifax serves as an excellent starting point for your real estate journey. However, we encourage you to continue your research, as there are still numerous profitable areas waiting to be uncovered. So, take advantage of the digital area and embark on your path to financial prosperity by setting clear objectives and making data-driven decisions with the aid of reliable tools like Airbtics Analytics.

Pro Book

Deeper STR Insights. Broader Investment Opportunities.

Want to go deeper, broader, and faster? Supercharge your Airbnb Investment by accessing the most in-depth Airbnb & real estate insights with our exclusive STR report.

Unlock Worldwide
Short-Term Rental Data
Find unsaturated neighborhoods with the highest occupancy history.

Unlock Worldwide
Short-Term Rental Data
Find unsaturated neighborhoods with the highest occupancy history.

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Airbnb Investment All About Airbnb

10 Best Places to Buy Rental Property in New Jersey

Looking for a way to achieve financial independence? Investing in the best places to buy rental property in New Jersey could be the answer!

best places to buy rental property in new jersey

Looking for a way to achieve financial independence? Investing in the best places to buy rental property in New Jersey could be the answer!

Key Takeaways

  • New Jersey is a great state to invest in if you’re looking to make some passive income from STR properties. It hasa good economy, stable rental demand, and solid tourist markets. It’s a great spot to get your business off the ground!
  • Get an overview of the best rental markets in NJ while discovering their Airbnb data and recommended property sizes with the help of Airbtics. 

Discovering the Ideal Investment Spots: Best Places to Buy Rental Property in New Jersey

Located within both the Mid-Atlantic and Northeastern regions of the US, we can find the most populated state, New Jersey, a destination that features a unique combination of natural beauty and exciting cities. Also known as the Garden State, NJ 

New Jersey owns a solid economy and offers plenty of job opportunities as well as an amazing quality of life to its residents and visitors. Moreover, considering the new restrictive STR regulations in NYC, the rental demand in NJ has been experiencing steady growth. Therefore, it is no surprise that you are interested in investing in the real estate market in New Jersey. However, first, you need to come up with smart strategies to ensure your rental success while also focusing on the best areas to invest in.

If you’re looking to invest in Airbnb in New Jersey, then this blog is for you! We’ll show you the best places to buy a rental property in New Jersey, plus some of the advantages that the state offers to real estate investors. Keep reading to learn more!

Why should you consider buying a rental property in NJ?

Investing in the rental market of NJ is an excellent way to obtain a positive cash flow thanks to the attractive opportunities that it offers to real estate investors. 

But, there’s an important question that one must answer – what kind of advantages does this state offer to property investors? Check out some of the top reasons why you should consider investing in NJ’s rental market:

  • Flourishing real estate & rental market 

New Jersey owns a stable rental market that has been experiencing positive growth in its demand in recent years. The demand for rentals in the state is high, especially in municipalities close to major metropolitan areas like New York and Philadelphia. This opens up profitable investment opportunities for investors aiming to cater to STR accommodations.

In addition, New Jersey offers a variety of tax incentives and programs to encourage real estate development and investment. These encompass tax abatements, tax credits, and other advantages designed to assist investors in lowering their tax burdens and enhancing their overall returns!

  • Stable economy & solid job market

New Jersey is an innovative state with a solid and diversified economy. The stronger sectors include industries like biopharmaceutical & life sciences, retail, logistics, financial services, technology, manufacturing, and hospitality among others. The state’s GSP reached $569.5b in 2022 as confirmed by IBISWorld with growth of 1.2% over the 5 years. On top of that, New Jersey has one the highest annual median household income in the US, at $89,703.

The state is home to several big companies like Amazon, Wakefern Food Corporation and Bank Of America Corporation. These companies provide a plethora of job opportunities that make young professionals relocate to the city.

  • Good quality of life

The state of New Jersey features a strong job market and amazing living conditions, which are some of the reasons why the state is experiencing steady population growth. Municipalities in NJ offer well-developed infrastructure, good public services, reliable public transport, and a wide range of shopping, dining, and entertainment options.

On the other hand, the median housing prices vary depending on the municipality. For example, in major cities like Jersey City, the median house value is $633K, $600K  in Elizabeth, and $440K in Newark.

  • Rich culture and plenty of leisure options

New Jersey is a state that blends natural beauty, culture, and a range of unique experiences together. The state is home to a variety of towns and cities, each of them with its own charm and characteristics. From bustling to serene destinations, NJ’s municipalities offer plenty of beach experiences, cities with vibrant nightlife, thriving cultural scenes, and fascinating historic attractions.

Little by little NJ became a destination loved by travelers! In fact, over 114M tourists visited the state just in 2022. So if you’re looking to cater to tourist accommodations, then you will surely love NJ! But first, take your time a explore its different areas using an Airbnb market research tool.

Is Airbnb Profitable in New Jersey?

Wondering if Airbnb real estate investments are worth it? Don’t worry because Airbtics confirms that investment properties in New Jersey are worth the effort! 

Based on Airbtics’ Free Airbnb calculator, an Airbnb host can earn up to $54,201 with an average occupancy rate of 82% for managing a 2-bedroom property in Jersey City, NJ. 

Investing in rental properties in New Jersey can be a great way to generate a good rental income. But don’t go too fast because analyzing factors like the ideal property type and location is essential to generate high profitability. Moreover, you must also learn about the Airbnb Rules in New Jersey’s Municipalities to avoid major legal issues while operating a STR property.

10 Best Places to Invest in Real Estate in New Jersey

Finding the best spot to set up an Airbnb listing in New Jersey may be quite the challenge considering that the state is divided into 254 boroughs, 52 cities, 15 towns, and 3 villages. But let us lend you a helping hand!

Check out the best rental markets in NJ and are recommended for rental property investments:

airbtics-logo-300x87
Location Airbnb Listings Best Number of Bedrooms Median Property Price Airbnb Annual Revenue GRY
Ocean City 440 4 bedrooms $1,270,000 (4 BR) $122,334 9.63%
Cape May 235 1 bedroom $575,000 (1 BR) $91,460 15.91%
Hoboken 172 2 bedrooms $862,000 (2 BR) $76,754 8.90%
Asbury Park 149 1 bedroom $499,000 (1 BR) $62,719 12.57%
Atlantic City 622 3 bedrooms $319,000 (3 BR) $49,670 15.57%
North Bergen 164 2 bedrooms $450,000 (2 BR) $49,471 11%
Elizabeth 185 2 bedrooms $315,000 (2 BR) $38,193 12.12%
Bayonne 94 1 bedroom $239,000 (1 BR) $37,685 15.77%
Jersey City 695 1 bedroom $410,000 (1 BR) $36,529 8.91%
Newark 862 2 bedrooms $399,000 (2 BR) $34,421 8.63%

Location

Airbnb Dataset

  • Total Number of Airbnb Listings: 440
  • Best Number of Bedrooms: 4 bedrooms
  • Median Property Price (4 bedrooms): $1,270,000
  • Airbnb Annual Revenue: $122,334
  • Gross Rental Yield: 9.63%
  • Total Number of Airbnb Listings: 440
  • Best Number of Bedrooms: 1 bedroom
  • Median Property Price (1 bedroom): $575,000
  • Airbnb Annual Revenue: $91,460
  • Gross Rental Yield: 15.91%
  • Total Number of Airbnb Listings: 172
  • Best Number of Bedrooms: 2 bedrooms
  • Median Property Price (2 bedrooms): $862,000
  • Airbnb Annual Revenue: $76,754
  • Gross Rental Yield: 8.90%
  • Total Number of Airbnb Listings: 149
  • Best Number of Bedrooms: 1 bedroom
  • Median Property Price (1 bedroom): $499,000
  • Airbnb Annual Revenue: $62,719
  • Gross Rental Yield: 12.57%
  • Total Number of Airbnb Listings: 622
  • Best Number of Bedrooms: 3 bedrooms
  • Median Property Price (3 bedrooms): $319,000
  • Airbnb Annual Revenue: $49,670
  • Gross Rental Yield: 15.57%
  • Total Number of Airbnb Listings: 164
  • Best Number of Bedrooms: 2 bedrooms
  • Median Property Price (2 bedrooms): $450,000
  • Airbnb Annual Revenue: $49,471
  • Gross Rental Yield: 11%
  • Total Number of Airbnb Listings: 185
  • Best Number of Bedrooms: 2 bedrooms
  • Median Property Price (2 bedrooms): $315,000
  • Airbnb Annual Revenue: $38,193
  • Gross Rental Yield: 12.12%
  • Total Number of Airbnb Listings: 94
  • Best Number of Bedrooms: 1 bedroom
  • Median Property Price (1 bedroom): $239,000
  • Airbnb Annual Revenue: $37,685
  • Gross Rental Yield: 15.77%
  • Number of Airbnb Listings: 695
  • Best Number of Bedrooms: 1 bedroom
  • Median Property Price (1 bedroom): $410,000
  • Airbnb Annual Revenue: $36,529
  • Gross Rental Yield: 8.91%
  • Number of Airbnb Listings: 862
  • Best Number of Bedrooms: 2 bedrooms
  • Median Property Price (2 bedrooms): $399,000
  • Airbnb Annual Revenue: $34,421
  • Gross Rental Yield: 8.63%
Explore More Profitable Locations in New Jersey!

Boosting Your Return on Investment: How to Find Lucrative Airbnb Markets?

It might take a lot of time to identify viable rental markets, and we understand how valuable the investor’s time is. For this reason, it’s a great idea to make use of the advanced resources available to property investors to hasten this process.

On top of that, you should also consider visiting real estate forums or doing a throughout research in search engines to find out which locations are drawing the investors’ attention in specific countries. This will also help you to sort your list and have a clear idea of which cities to focus on. Plus, we encourage investors like you to make use of analytics tools to find profitable markets to invest in Airbnb, particularly those that can provide dynamic data.

Imagine exploring a city while getting useful info that can make things easier for you, it sounds like a dream come true, right? It’s possible with Airbtics Dashboard since you can get a reliable dataset that will show you metrics like the average revenue, occupancy rates, nightly rates, and seasonality, among others.

But don’t take just our word for it, go ahead and take a look at Simon, an Airbtics customer, who was led to a new Airbnb market that generated more profitability than his previous one!

most profitable airbnb cities USA

But, it can happen that your target area is not appearing in the search results, but don’t worry! You can easily create your own custom market.

Now, that you have a better view of your target market, go ahead and play around with the filters and find the results that fit your needs. You can use filters to find out what type of property offers the most attractive profit in your preferred area. 

The best part of using dynamic data is that by moving and zooming in and out of your map, the data will also change accordingly!

This process can now be repeated until you decide what type of property would be a good investment in your target city or neighborhood. Compare data between different property types and you find out the option that suits you the best! 

Maximizing Real Estate Investment Potential in New Jersey’s Dynamic Market

In summary, listing rental properties on platforms like Airbnb presents a fantastic opportunity for investors in New Jersey to achieve a favorable return on their investment. Given New Jersey’s robust tourism sector, high rental demand, and strong economy, it stands as an attractive destination for investors seeking positive cash flow. However, investors with a limited budget may need to explore different alternatives as the real estate market isn’t as affordable as in other states.

Identifying the best places to buy a rental property in New Jersey is the first step in this investment venture. But you should continue your research because it’s always important to analyze all metrics carefully. Make use of advanced analytics tools to boost your earnings! Check our Airbnb Analytics Dashboard and stand among your competitors now!

Pro Book

Deeper STR Insights. Broader Investment Opportunities.

Want to go deeper, broader, and faster? Supercharge your Airbnb Investment by accessing the most in-depth Airbnb & real estate insights with our exclusive STR report.

Unlock Worldwide
Short-Term Rental Data
Find unsaturated neighborhoods with the highest occupancy history.

Unlock Worldwide
Short-Term Rental Data
Find unsaturated neighborhoods with the highest occupancy history.

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Airbnb Rules All About Airbnb

Airbnb Rules in NYC 2023: The new restrictive regulation for short-term rentals

NYC started enforcing new and highly restrictive Airbnb rules this 2023. Find out what are these restrictions and what they mean in this article!

Airbnb Rules NYC 2023

NYC started enforcing new and highly restrictive Airbnb rules this 2023. Find out what are these restrictions and what they mean in this article!

Airbnb Rules in NYC 2023: the end of short-term rentals in the Big Apple?

Operating a short-term rental property in NYC used to be a dream for many investors. The city provided golden investment opportunities that allowed them not only to own a house in the exciting Big Apple but also the chance to generate a positive cash flow by listing them on platforms like Airbnb and VRBO.

Unfortunately, NYC began enforcing new strict Airbnb rules on September 5, 2023, which means that the city is moving forward with banning short-term rentals. While STR properties are still allowed in NYC, the new laws limit how Airbnb operates in the city, making it difficult not only for hosts but also for guests. 

.

“New York City’s new short-term rental rules are a blow to its tourism economy. The city is sending a clear message to millions of potential visitors who will now have fewer accommodation options when they visit New York City: You are not welcome”.

– Theo Yedinsky, Airbinb’s global policy director.

But truth be told, NYC registered more than 10,000 illegal short-term listings operating within the city listings in recent years. For this and many other reasons, the city reinforced the regulations, thus, these listings will be affected or in other words, removed. 

If you want to know more about the NYC short-term rental law, keep reading as we dive deeper into the new restrictions and how they affect Airbnb hosts and guests alike!

New Airbnb Rules in New York City

As of September 5th, NYC began the enforcement of regulations requiring that all eligible hosts of short-term rentals must either be registered with the city or possess Class B status to continue offering holiday accommodations.

Yet, it must be noted that NYC adopted Local Law 18 on January 9, 2022. This law mandates that short-term rental hosts must register with the Mayor’s Office of Special Enforcement (OSE). At the same time, it prohibits booking service platforms (Airbnb, VRBO, Booking.com, etc.) from processing transactions for unregistered STR listings. The Local 18 Law applies only to listings that are rented for less than 30 days.

Requirements to comply with the rules:
  • Register with the Mayor’s Office of Special Enforcement (OSE).
  • Hosts that meet the requirements for short-term rentals, can apply for registration via the STRR portal. The application fee is $145.
  • They must provide the following information:
    • Full legal name, current phone number. 
    • The applicant must inform if they are the tenant or owner of the dwelling unit.
    • The STR property’s physical address where short-term rental, including street number, street name, zip code, borough, and unit number where there is more than one dwelling unit in the building.
    • An email address that will be used to receive communication from the administering agency.
    • Type of dwelling unit (e.g., single-family building, apartment in a two-family building, etc).
    • The number of individuals not related by blood, adoption, legal guardianship, marriage or domestic partnership that reside with the registrant in the unit.
    • The uniform resource locator or listing identifier and the associated booking service name for all existing listings of the dwelling unit.
  • Applicant must also provide a copy of the following documents:
    • Driver’s license or State-issued ID;
    • U.S. Passport or U.S. Passport card;
    • U.S. Military ID;
    • Permanent Resident Card or Employment Authorization card issued by the United States Government;
    • A foreign passport or driver’s license;
    • IDNYC card; or
    • Other forms of proof that the administering agency determines are acceptable
  • Registrations should be renewed on the online registration portal accessible through the administering agency’s website. Renewals will be accepted beginning 180 days before the expiration of a host’s current registration.
  • Booking platforms (Airbnb, Vrbo, etc.) are required to ensure that all users on their platforms in New York adhere to the city’s regulations.

If the application is approved, the department will issue a registration number that must appear on the host’s online listing.

Some of the restrictions include:
  • Registered hosts are not allowed to give the rentee exclusive access to the rented unit. A short-term rental can only be rented if the host is physically present in the property. 
  • The STR cannot have more than two paying guests and they must have access to the entire unit.
  • The OSE maintains a Prohibited Building List, where short-term rentals are prohibited, either due to legal restrictions (e.g. NYCHA or entire rent-regulated buildings) or because of specific lease and occupancy agreements within a building. You can check if an address is already included on the Prohibited Building List here.

Hosts that do not abide by the new legislation will face fines that go up to $5,000. Moreover, platforms could face fines of up to $1,500 for transactions involving illegal rentals.

.

“Registration creates a clear path for hosts who follow the city’s longstanding laws and protects travelers from illegal and unsafe accommodations while ending the proliferation of illegal short-term rentals.” 

– Christian Klossner, executive director of the city’s OSE

Airbnb also presented the alternative to switching from short-term rentals to long-term stays by updating the minimum night stay to 30 nights or more.

Adapting to Strict Short-Term Rental Rules: The Impact on NYC’s Airbnb Landscape

With the new regulations and restrictions for short-term rentals in NYC, many Airbnb listings will be removed and the occupancy rates may also drop since few travelers will be comfortable with the fact that they must share the booking with the owner. And while booking hotel rooms is also an option, it’s not always affordable for budget overnight visitors.

On top of that, we should consider that if there is a decrease in lodging options, hotel prices may continue to rise.

Moreover, hosts have expressed their opposition to the strict enforcement measures since it may negatively impact families who are trying to supplement their income by renting out their residences.

Shifting to Neighboring States: NJ as a Top Choice!

Thus, many travelers have been shifting from NYC to nearby areas, such as cities located in New Jersey, to book their Airbnb and have a more peaceful stay. Investors may look in a positive light on Airbnb markets in NJ, but they also should note that each municipality has its own Airbnb regulations.

While the panorama of Airbnb continues to change in cities like NYC, investors may opt to do a strategic shift and navigate other profitable locations to minimize potential challenges. This is where advanced STR analytics tools like Airbtics proved invaluable, simplifying the arduous process of identifying top rental markets!

Unlock Worldwide
Short-Term Rental Data
Find unsaturated neighborhoods with the highest occupancy history.

Unlock Worldwide
Short-Term Rental Data
Find unsaturated neighborhoods with the highest occupancy history.

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Airbnb Investment All About Airbnb

Where to Invest in Property in Victoria, BC: Best Areas for Airbnb Investments

Wondering where to invest in Airbnb Property in Victoria, BC? Maximize the potential of your property investment by targeting the top rental markets!

where to invest in property victoria

Wondering where to invest in Airbnb Property in Victoria, BC? Maximize the potential of your property investment by targeting the top rental markets!

Key Takeaways

  • Victoria is a great place to invest if you want to create a nice income stream from Airbnb. The city has a solid economy, a variety of property options, solid rental demand and lots of tourists coming in, so it’s a great place to start your business.
  • By utilizing Airbtics’ Dashboard, we could identify the most profitable areas in Victoria for Airbnb investment. We also feature some valuable insights about these markets, such as the property’s best number of bedrooms, potential revenue, and other datasets.

Unveiling the Best Rental Property Investment Opportunities in Victoria, BC

Situated at the southern tip of Vancouver Island, Victoria lies along the coastline of the Pacific Ocean. The capital city of British Columbia is surrounded by stunning landscapes, featuring snow-covered mountains, picturesque beaches, and vibrant gardens. In addition, the city is popular for its thriving cultural and art scene as well as for its unique combination of Victorian and modern architecture. 

It’s a given fact that Victoria is a charming city that seamlessly blends its fascinating history with its natural allure, providing an ideal setting to immerse oneself in the culture, nature, and laid-back way of life characteristic of the western coast. So it’s understandable you want to invest in Victoria’s real estate market. But first, you need to set smart strategies to guarantee your rental success and also target the best areas.

Want to find out where to invest in an Airbnb Property in Victoria, BC? Then you should continue reading! This article features the top rental markets in the city. We also mention some of the key advantages of investing in a rental property in Victoria.

Key Reasons to Contemplate Investing in a Rental Property in Victoria, BC

Considering investing in Victoria’s rental market? It’s a fantastic option that can help you pave the path to financial independence, whether you choose to buy a property or do rental arbitrage. But, before you take the plunge, it’s crucial to understand the advantages of owning an investment property in the city.

Let’s take a look at some of the reasons why buying an income property in Victoria, BC is worth it:

  • Strong rental demand

With a thriving student community and steady demographic growth, the city of Victoria offers a solid demand for rentals. Moreover, Victoria is a major tourist destination in Canada, welcoming a large number of tourist arrivals each year. This makes the city enjoy a strong tourist market that provides attractive opportunities to invest in short-term rental properties.

We must also highlight that Victoria is one of the best places to invest in Airbnb in British Columbia. Taking this into account, it’s pretty much a given that renting out your place on platforms like Airbnb can guarantee a return on your investment.

  • Stable economy & solid job market

Victoria has been experiencing steady economic growth over the last few years, resulting in a diversified and resilient economy with plenty of job opportunities. The city is a hub for technology, tourism, education and government services. Additionally, it provides high-quality amenities, making the city a great place to live and work.

  • Amazing quality of life

Victoria is known for its stunning beauty and reputation as a safe city with an exceptional quality of life. The city boasts a wide array of services and facilities, including the best educational institutions, reliable healthcare services, and top-notch recreational activities.

In addition, Victoria has a diverse and multicultural community. With friendly people around, you can expect to enjoy an inclusive and positive atmosphere.

While Victoria is truly an enchanting city, it’s not a cheap one. Currently, the average home price in Victoria is C$1,022,652. Considering that property prices in Victoria aren’t low, investors with a limited budget may find listings at an affordable value.

  • Enjoy this vibrant city with plenty of attractions 

Victoria is a city that one can help but fall in love with it and the best part is that you can’t get bored in this striking destination! The city is home to a vibrant arts and cultural scene, with no shortage of museums, theaters, and galleries. To name a few, you can find the Royal British Columbia Museum and the Vancouver Island Museum of Natural History here. Moreover, the city also hosts numerous festivals throughout the year. This means there is always something exciting to do and discover.

Outdoor enthusiasts would also love Victoria since the city owns a superb location on the western coast which grants convenient access to breathtaking natural landscapes such as parks, beaches and mountains. Thanks to this, visitors and locals can enjoy plenty of activities such as hiking, biking, kayaking and even whale watching!

Is Airbnb Profitable in Victoria, BC?

Let’s come straight to the point: investing in Victoria’s Airbnb market can indeed provide investors with rewarding investment experiences. As a matter of fact, the capital of British Columbia is one of the most recommended Canadian cities for Airbnb properties

Let’s take a look at Victoria’s rental market – Based on Airbtics income calculator, an Airbnb host can earn up to C$48,665 with a median occupancy rate of 85% for operating a 1-bedroom apartment in Victoria. 

While Victoria is an attractive investment location, investors should remember that the amount of profit will vary depending on other factors such as the number of bedrooms and location. Additionally, if you plan to host guests on Airbnb in Victoria, it is important to know the local Airbnb rules.

Where To Buy Investment Property In Victoria: Top 8 Markets

Given the market stability, appreciation potential and rental demand in Victoria, investing in real estate can be a promising opportunity for investors. However, considering that Victoria is subdivided into different neighborhoods, we must assume that the level of profitability created by each of these areas will differ.

Go ahead and check some of the most profitable areas to buy a property in Victoria, BC and are recommended for starting an Airbnb business:

airbtics-logo-300x87
Location Airbnb Listings Best Number of Bedrooms Median Property Price Airbnb Annual Revenue GRY
Downtown 750 2 bedrooms C$829,900 (2 BR) C$82,725 9.97%
James Bay 182 2 bedrooms C$669,900 (2 BR) C$61,004 8.72%
Gonzales 38 2 bedrooms C$$575,000 (2 BR) C$58,853 10.24%
Victoria West 61 1 bedroom C$584,900 (1 BR) C$49,904 8.53%
Fairfield 142 1 bedroom C$435,000 (1 BR) C$43,649 10.03%
Harris Green 67 1 bedroom C$420,000 (1 BR) C$43,215 10.29%
Rockland 61 1 bedroom C$427,500 (1 BR) C$33,054 7.73%
Fernwood 70 1 bedroom C$420,000 (1 BR) C$28,636 6.82%

Location

Airbnb Dataset

  • Total Number of Airbnb Listings: 750
  • Best Bedroom Size: 2 bedrooms
  • Median Property Price (2 bedrooms): C$829,900
  • Airbnb Annual revenue: C$82,725
  • Gross rental yield: 9.97%
  • Total Number of Airbnb Listings: 182
  • Best Bedroom Size: 2 bedrooms
  • Median Property Price (2 bedrooms): C$669,900
  • Airbnb Annual revenue: C$61,004
  • Gross rental yield: 8.72%
  • Total Number of Airbnb Listings: 38
  • Best Bedroom Size: 2 bedrooms
  • Median Property Price (2 bedrooms): C$575,000
  • Airbnb Annual revenue: C$58,853
  • Gross rental yield: 10.24%
  • Total Number of Airbnb Listings: 61
  • Best Bedroom Size: 1 bedroom
  • Median Property Price (1 bedroom): C$584,900
  • Airbnb Annual revenue: C$49,904
  • Gross rental yield: 8.53%
  • Total Number of Airbnb Listings: 142
  • Best Bedroom Size: 1 bedroom
  • Median Property Price (1 bedroom): C$435,000
  • Airbnb Annual revenue: C$43,649
  • Gross rental yield: 10.03%
  • Total Number of Airbnb Listings: 67
  • Best Bedroom Size: 1 bedroom
  • Median Property Price (1 bedroom): C$420,000
  • Airbnb Annual revenue: C$43,215
  • Gross rental yield: 10.29%
  • Total Number of Airbnb Listings: 61
  • Best Bedroom Size: 1 bedroom
  • Median Property Price (1 bedroom): C$427,500
  • Airbnb Annual revenue: C$33,054
  • Gross rental yield: 7.73%
  • Total Number of Airbnb Listings: 70
  • Best Bedroom Size: 1 bedroom
  • Median Property Price (1 bedroom): C$420,000
  • Airbnb Annual revenue: C$28,636
  • Gross rental yield: 6.82%
Explore More Profitable Locations in Victoria, BC!

Maximize your ROI: How to Find Profitable Airbnb Markets?

It might take a lot of time to identify viable rental markets, and we understand how valuable the investor’s time is. For this reason, it’s a great idea to make use of the advanced resources available to property investors to hasten this process.

On top of that, you should also consider visiting real estate forums or doing a throughout research in search engines to find out which locations are drawing the investors’ attention in specific countries. This will also help you to sort your list and have a clear idea of which cities to focus on. Plus, we encourage investors like you to make use of analytics tools to find profitable markets to invest in Airbnb, particularly those that can provide dynamic data.

Imagine exploring a city while getting useful info that can make things easier for you, it sounds like a dream come true, right? It’s possible with Airbtics Dashboard since you can get a reliable dataset that will show you metrics like the average revenue, occupancy rates, nightly rates, and seasonality, among others.

But don’t take just our word for it, go ahead and take a look at Simon, an Airbtics customer, who was led to a new Airbnb market that generated more profitability than his previous one!

best places to buy to let glasgow

But, it can happen that your target area is not appearing in the search results, but don’t worry! You can easily create your own custom market.

Now, that you have a better view of your target market, go ahead and play around with the filters and find the results that fit your needs. You can use filters to find out what type of property offers the most attractive profit in your preferred area. 

The best part of using dynamic data is that by moving and zooming in and out of your map, the data will also change accordingly!

best places to buy to let glasgow

This process can now be repeated until you decide what type of property would be a good investment in your target city or neighborhood. Compare data between different property types and you find out the option that suits you the best! 

Victoria’s Rental Properties: Your Road to Financial Independence with Airbnb

To sum up, listing properties on platforms such as Airbnb is a great way for investors in Victoria to make a good return on their investment. With Victoria’s solid tourism market, high rental demand and strong economy, it’s a great place for investors looking to get a positive cash flow.

Figuring out where to invest in an Airbnb property in Victoria is a great way to start your real estate journey. But you should continue your research because there are still many profitable locations that you can find. So take this chance and get on your way to financial freedom by setting goals and using data-driven tools like Airbtics Analytics!

Pro Book

Deeper STR Insights. Broader Investment Opportunities.

Want to go deeper, broader, and faster? Supercharge your Airbnb Investment by accessing the most in-depth Airbnb & real estate insights with our exclusive STR report.

Unlock Worldwide
Short-Term Rental Data
Find unsaturated neighborhoods with the highest occupancy history.

Unlock Worldwide
Short-Term Rental Data
Find unsaturated neighborhoods with the highest occupancy history.

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Where to Invest in Airbnb in Ottawa: Top 10 rental markets

Discover where to invest in Airbnb in Ottawa and maximize the potential of your property investment. Gain further insights into this market here!

where to invest in ottawa

Discover where to invest in Airbnb in Ottawa and maximize the potential of your property investment. Gain further insights into this market here!

Key Takeaways

  • Investors can take advantage of Ottawa’s robust economy, solid rental market, and significant tourist influx, all of which create opportunities for them to enjoy the benefits of a successful Airbnb business.
  • Using Airbtics’ Dashboard, we find the prime locations in Ottawa to invest in Airbnb. You’ll also discover other important information on these markets, including the recommended property types, potential revenue, and more.

Discover Where to Invest in Ottawa for Maximum Returns

Nestled on the banks of the Ottawa and Rideau rivers in the southern region of Ontario, we can find the capital city of Canada, Ottawa, a beautiful destination that is appraised for its picturesque setting. 

This cosmopolitan city is known for its thriving cultural scene, vibrant festivals, and beautiful green spaces that open the doors to plenty of outdoor activities. Of course, we can’t forget to mention that Ottawa is home to Rideau Canal, a UNESCO World Heritage Site, and one of the most popular attractions in the city. For this and many other reasons, Ottawa welcomes a great number of tourists, especially domestic overnight visitors. In fact, the city is one of the top family travel destinations in Canada.

Wondering where to invest in Ottawa? We got you! This article provides an overview of the top rental markets in the city, as well as some of the key benefits of investing in a rental property in Ottawa.

Main reasons to consider investing in Ottawa real estate

Thinking about getting into Ottawa’s rental market? That’s a great idea as it could lead your way to financial freedom because you can generate a steady passive income. But before you jump in, you need to know what kind of benefits you can get by owning an investment property in the city.

So if you’re wondering “is Ottawa a good place to invest in real estate?”, make sure to take a look at some of the reasons why buying an income property in Ottawa is a great idea:

  • High rental demand

Property investors in Ottawa can expect to obtain good rental yields when investing in short-term lettings. There are a lot of people who are looking for rental housing, like university students, government workers, and the like. This generates a solid demand for rental properties, which can benefit investors who wish to generate passive income through rental properties.

In addition, Ottawa is among the 5 best cities in Canada for real estate investment. Thus, it’s almost guaranteed that a short-term rental could bring a rewarding investment experience to investors like you.

  • Diversified economy & plenty of job opportunities

As the political and cultural center of Canada, Ottawa owns a solid and diversified economy, It is home to many government-related offices such as the Canadian Parliament. Some of the key industries are financial services, healthcare and education. Additionally, Ottawa is also emerging as a technology hub, with numerous high-tech companies and startups setting up in the city. Thanks to this, the city features a strong job market which provides employment opportunities in a variety of sectors.

It should also be considered that tourism is an important industry in Ottawa. Hence, investors looking to cater to tourist accommodations can look favorably upon the Ottawa rental market. 

  • Great city with amazing living conditions

It’s undeniable that Ottawa offers superb living conditions and for this reason, has consistently been recognized as one of the most livable cities in Canada. The city provides a mix of city life and nature, with lots of parks, trails for walking and biking, and outdoor activities all year round. It has a quality life index of 161.6, ranking among the top cities in Nothern America. 

With low crime rates, Ottawa is also considered one of the safest Canadian cities, allowing locals and visitors to enjoy peace of mind and a sense of security in the surroundings. Additionally, the city is home to several prestigious academic institutions and has a wide range of reliable public services, including health care and education systems.

On the other hand, the average cost of a house in Ottawa is C$640,220. Thus, investors with a limited budget may find it difficult to enter the city’s real estate market at an affordable price.

  • A destination filled with unique experiences

The charming and multicultural city of Ottawa presents a vibrant cultural and art scene weight plenty of museums, galleries, theaters, concert halls and cultural venues. This destination is popular for hosting lively festivals throughout the year such as the Winterlude and the Canadian Tulip Festival.

Ottawa is a paradise for outdoor enthusiasts since it’s surrounded by beautiful natural scenery, including rivers, lakes and provincial parks like Fitzroy Provincial Park and Rideau River Provincial Park. This means that you can do all kinds of outdoor activities like hiking, cycling, boating, and skiing – all within a short drive. Moreover, Ottawa is home to Rideau Canal, which during the winter months, freezes over and becomes the world’s largest skating rink!

Is Airbnb Profitable in Ottawa, ON?

Buying an investment property in Ottawa and then listing it on rental platforms like Airbnb can bring gratifying experiences to investors since they can earn a generate a positive cash flow. This statement can be reinforced by the fact that Ottawa is one of the top locations in Canada for Airbnb investments

Let’s see what Ottawa’s rental market can offer – According to Airbtics income calculator, an Airbnb host can earn up to C$50,982 with a median occupancy rate of 74% for operating a 1-bedroom apartment in Ottawa. 

Ottawa is a great place to invest, but property investors need to keep in mind that the amount of money they make will depend on other factors like the property type and where it’s located. Moreover, it’s important to know the Airbnb regulations in Ottawa if you’re planning to host guests in this city.

10 Best Airbnb Markets to Invest in Ottawa

It’s a given fact that Ottawa is a wonderful city, but it has over 80 neighborhoods so it can be a challenge to find the perfect place to set up your rental property in the city. Even more, if we consider that each area will generate different levels of profitability.

But we got you covered! Check some of the most profitable areas to invest in Ottawa and are recommended for starting an Airbnb business:

airbtics-logo-300x87
Location Airbnb Listings Best Number of Bedrooms Median Property Price Airbnb Annual Revenue GRY
Westboro 61 3 bedrooms C$850,000 (3 BR) C$65,040 7.65%
The Glebe 75 2 bedrooms C$620,000 (2 BR) C$56,891 9.18%
Vanier 130 3 bedrooms C$$600,000 (3 BR) C$53,458 8.91%
Lower Town 223 2 bedrooms C$529,000 (2 BR) C$46,648 8.82%
Barrhaven 156 2 bedrooms C$480,000 (2 BR) C$46,080 9.6%
Overbrook 56 2 bedrooms C$375,000 (2 BR) C$43,649 11.64%
Hintonburg 66 1 bedroom C$349,900 (1 BR) C$41,197 11.77%
Downtown 69 1 bedroom C$399,000 (1 BR) C$38,027 9.51%
Sandy Hill 146 1 bedroom C$409,900 (1 BR) C$37,000 9.03%
Centretown 238 1 bedroom C$397,500 (1 BR) C$36,254 9.12%

Location

Airbnb Dataset

  • Total Number of Airbnb Listings: 61
  • Best bedroom size: 3 bedrooms
  • Median property price (3 bedrooms): C$850,000
  • Airbnb Annual revenue: C$65,040
  • Gross rental yield: 7.65%
  • Total Number of Airbnb Listings: 75
  • Best bedroom size: 2 bedrooms
  • Median property price (2 bedrooms): C$620,000
  • Airbnb Annual revenue: C$56,891
  • Gross rental yield: 9.18%
  • Total Number of Airbnb Listings: 130
  • Best bedroom size: 3 bedrooms
  • Median property price (3 bedrooms): C$600,000
  • Airbnb Annual revenue: C$53,458
  • Gross rental yield: 8.91%
  • Total Number of Airbnb Listings: 223
  • Best bedroom size: 2 bedrooms
  • Median property price (2 bedrooms): C$529,000
  • Airbnb Annual revenue: C$46,648
  • Gross rental yield: 8.82%
  • Total Number of Airbnb Listings: 156
  • Best bedroom size: 2 bedrooms
  • Median property price (2 bedrooms): C$480,000
  • Airbnb Annual revenue: C$46,080
  • Gross rental yield: 9.6%
  • Total Number of Airbnb Listings: 56
  • Best bedroom size: 2 bedrooms
  • Median property price (2 bedrooms): C$375,000
  • Airbnb Annual revenue: C$43,649
  • Gross rental yield: 11.64%
  • Total Number of Airbnb Listings: 66
  • Best bedroom size: 1 bedroom
  • Median property price (1 bedroom): C$349,900
  • Airbnb Annual revenue: C$41,197
  • Gross rental yield: 11.77%
  • Total Number of Airbnb Listings: 69
  • Best bedroom size: 1 bedroom
  • Median property price (1 bedroom): C$399,000
  • Airbnb Annual revenue: C$38,027
  • Gross rental yield: 9.51%
  • Total Number of Airbnb Listings: 146
  • Best bedroom size: 1 bedroom
  • Median property price (1 bedroom): C$409,900
  • Airbnb Annual revenue: C$37,000
  • Gross rental yield: 9.03%
  • Total Number of Airbnb Listings: 238
  • Best bedroom size: 1 bedroom
  • Median property price (1 bedroom): C$397,500
  • Airbnb Annual revenue: C$36,254
  • Gross rental yield: 9.12%
Explore More Profitable Locations in Ottawa, ON!

A Guide to Finding Profitable Markets to Maximize your ROI

It might take a lot of time to identify viable rental markets, and we understand how valuable the investor’s time is. For this reason, it’s a great idea to make use of the advanced resources available to property investors to hasten this process.

On top of that, you should also consider visiting real estate forums or doing a throughout research in search engines to find out which locations are drawing the investors’ attention in specific countries. This will also help you to sort your list and have a clear idea of which cities to focus on. Plus, we encourage investors like you to make use of analytics tools to find profitable markets to invest in Airbnb, particularly those that can provide dynamic data.

Imagine exploring a city while getting useful info that can make things easier for you, it sounds like a dream come true, right? It’s possible with Airbtics Dashboard since you can get a reliable dataset that will show you metrics like the average revenue, occupancy rates, nightly rates, and seasonality, among others.

But don’t take just our word for it, go ahead and take a look at Simon, an Airbtics customer, who was led to a new Airbnb market that generated more profitability than his previous one!

best places to buy to let glasgow

But, it can happen that your target area is not appearing in the search results, but don’t worry! You can easily create your own custom market.

Now, that you have a better view of your target market, go ahead and play around with the filters and find the results that fit your needs. You can use filters to find out what type of property offers the most attractive profit in your preferred area. 

The best part of using dynamic data is that by moving and zooming in and out of your map, the data will also change accordingly!

best places to buy to let glasgow

This process can now be repeated until you decide what type of property would be a good investment in your target city or neighborhood. Compare data between different property types and you find out the option that suits you the best! 

Ottawa’s Rental Market: Your Path to Financial Prosperity with Airbnb

In general, we can conclude that real estate investors in Ottawa can have a lucrative opportunity to generate a nice rental income by listing their properties on platforms like Airbnb. This destination’s robust tourism industry and strong rental demand make it a promising place for investors seeking to obtain long-term financial stability.

Getting to know where to invest in a rental property in Ottawa is a great way to start your real estate journey, but, we encourage you to continue this research as there are still many profitable locations that you can find. So, seize the opportunity, and embark on your journey to financial prosperity by setting clear goals and making data-driven with the help of reliable analytics tools like Airbtics!

Pro Book

Deeper STR Insights. Broader Investment Opportunities.

Want to go deeper, broader, and faster? Supercharge your Airbnb Investment by accessing the most in-depth Airbnb & real estate insights with our exclusive STR report.

Unlock Worldwide
Short-Term Rental Data
Find unsaturated neighborhoods with the highest occupancy history.

Unlock Worldwide
Short-Term Rental Data
Find unsaturated neighborhoods with the highest occupancy history.

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Best Areas to Invest in Vancouver: Most profitable Airbnb markets

Explore the best areas to invest in Vancouver rental property and get the most out of your property investment. Learn more about this market here!

best areas to invest in vancouver

Explore the best areas to invest in Vancouver rental property and get the most out of your property investment. Learn more about this market here!

Key Takeaways

  • Investors can benefit from Vancouver’s economic stability, booming rental market, and strong tourist market. These factors allow them to maximize their return on investment and reap the rewards of a prosperous Airbnb business.
  • With the aid of Airbtics, we are able to gather the top Airbnb markets in Vancouver. We also feature all the info you need to know about them, like the best property types, how much you can make with a listing, and more.

Unlocking Vancouver’s Investment Potential: Discover the Best Areas to Invest in Property

In the Lower Mainland region of British Columbia, we can find the cosmopolitan city of Vancouver, a destination that is highly renowned for its stunning landscape, pleasant weather, cultural diversity, and great quality of life.

This beautiful destination is majestically surrounded by mountains and ocean, offering picturesque scenery and plenty of opportunities to enjoy outdoor activities year-round. Moreover, Vancouver is also known for being a multicultural city with a mix of cultures and communities, allowing the city to offer unique and varied culinary experiences. Thanks to this, Vancouver attracts a high influx of tourists and in fact, is among the top trending domestic destinations in Canada according to Airbnb.

Are you looking for the best areas to invest in Airbnb in Vancouver? We’ve got you covered! Read on to learn about the top rental markets and some of the biggest advantages that investors can enjoy when investing in an income property in Vancouver.

Why should you consider buying property in Vancouver, BC?

If you’re a real estate investor looking to target the rental market in Vancouver, then you could be on the cusp of achieving financial freedom by earning a steady passive income. But first, you should know what are the perks of having an investment property in Vancouver!

Take a look at some of the top reasons why owning an investment property in Vancouver is a great idea:

  • Stable rental demand

Vancouver is one of the fastest-growing cities in BC province and has experienced strong and steady demand in the real estate market for many years. The city has been a magnet for immigrants, students and professionals. Thanks to this, Vancouver has an active and booming real estate & rental market.

Moreover, Vancouver is one of the best places to invest in Airbnb in British Columbia. Hence, investors in Vancouver can expect to obtain a good rental yield as well as generate a positive cash flow.

  • Strong economy

Vancouver has a growing economy and is home to many major multinational companies. It has a strong base in sectors such as technology, trade, film and television and natural resources. This creates plenty of job opportunities and also allows the city to offer a favorable environment for entrepreneurship.

Furthermore, tourism is an important source of revenue for Vancouver. In fact, the city welcomes around 8 million visitors annually as confirmed by Vancouver Heritage Foundation. Thus, investors looking to cater to tourist accommodations can look favorably to Vancouver’s rental market. 

  • High standard of living 

When it comes to targeting a specific market, the quality of life is one of the important factors to consider. The good news is that Vancouver is a city that provides amazing living conditions! As a matter of fact, it’s regarded as one of the most livable cities not only in Nothern America but also in the world. 

Considering that Vancouver consistently ranks as one of the best cities to live in the world, you can expect to have access to reliable health care, high-quality education, and efficient public transportation and you will also feel at peace with its low crime rate. Moreover, the city has a clean environment and is surrounded by striking natural scenery, offering a variety of opportunities for outdoor activities.

  • A destination filled with unique experiences

Welcome to Vancouver, one of the most beautiful and multicultural cities in the world! This friendly city offers a wide range of cultural activities, including museums, art galleries, and theaters, and also hosts festivals year-round. Moreover, with its diverse and vibrant dining scene, the city can be considered a paradise for food lovers since they can enjoy a wide selection of restaurants & cafes offering local and international cuisine.

It’s also a great destination for nature lovers because Vancouver is nestled between mountains and the ocean. Thanks to this, the city features a stunning landscape and a variety of outdoor activities available throughout the year. To name a few, people can engage in activities like hiking the North Shore Mountain trails, skiing at the local ski resorts, cycling along the picturesque Stanley Park Boardwalk, and practicing water sports at the beach.

Is Airbnb Profitable in Vancouver, BC?

With the aid of Airbtics, we can confirm that an income property investment in Vancouver can be a rewarding experience for investors. This can be further confirmed by taking into account that Vancouver is among the top Airbnb locations in Canada

Let’s take a look at Vancouver’s market – According to Airbtics income calculator, an Airbnb host can earn up to C$47,289 with a median occupancy rate of 93% for managing a 1-bedroom apartment in Vancouver. 

And while Vancouver offers great investment opportunities,  property investors must consider that the amount of profit will also depend on other factors such as the property type and its specific location. Additionally, it’s equally important to know the Airbnb regulations in Vancouver to operate your listing without breaching the rules.

Top Investment Opportunities: Profitable Airbnb Markets to Invest in Vancouver

Vancouver is divided into 22 designated areas and each of them generates a different level of profitability. Thus, it can be a challenge to find the perfect place to set up your rental property in Vancouver.

Let’s check some of the best areas to invest in Vancouver and are recommended for starting an Airbnb business:

airbtics-logo-300x87
Best Area Airbnb Listings Best Number of Bedrooms Median Property Price Airbnb Annual Revenue GRY
Kitsilano 456 2 bedrooms C$909,000 (2 BR) C$84,478 9.29%
Mount Pleasant 357 1 bedroom C$575,000 (1 BR) C$72,014 12.52%
Fairview 146 2 bedrooms C$809,000 (2 BR) C$69,986 8.65%
Grandview-Woodland 212 2 bedrooms C$749,000 (2 BR) C$67,224 8.98%
Downtown Vancouver 1.587 1 bedroom C$550,000 (1 BR) C$64,248 11.68%
Strathcona 100 1 bedroom C$568,000 (1 BR) C$58,979 10.38%
Killarney 106 2 bedrooms C$735,000 (2 BR) C$51,496 7.01%
West End 424 1 bedroom C$360,000 (1 BR) C$51,006 14.17%
Hastings-Sunrise 193 1 bedroom C$595,000 (1 BR) C$43,738 7.35%
Renfrew-Collingwood 228 1 bedroom C$489,000 (1 BR) C$40,481 8.28%

Location

Airbnb Dataset

  • Total Number of Airbnb Listings: 456
  • Best bedroom size: 2 bedrooms
  • Median property price (2 bedrooms): C$909,000
  • Airbnb Annual revenue: C$84,478
  • Gross rental yield: 9.29%
  • Total Number of Airbnb Listings: 357
  • Best bedroom size: 1 bedroom
  • Median property price (1 bedroom): C$575,000
  • Airbnb Annual revenue: C$72,014
  • Gross rental yield: 12.52%
  • Total Number of Airbnb Listings: 146
  • Best bedroom size: 2 bedrooms
  • Median property price (2 bedrooms): C$809,000
  • Airbnb Annual revenue: C$69,986
  • Gross rental yield: 8.65%
  • Total Number of Airbnb Listings: 212
  • Best bedroom size: 2 bedrooms
  • Median property price (2 bedrooms): C$749,000
  • Airbnb Annual revenue: C$67,224
  • Gross rental yield: 8.98%
  • Total Number of Airbnb Listings: 1,587
  • Best bedroom size: 1 bedroom
  • Median property price (1 bedroom): C$550,000
  • Airbnb Annual revenue: C$64,248
  • Gross rental yield: 11.68%
  • Total Number of Airbnb Listings: 100
  • Best bedroom size: 1 bedroom
  • Median property price (1 bedroom): C$568,000
  • Airbnb Annual revenue: C$58,979
  • Gross rental yield: 10.38%
  • Total Number of Airbnb Listings: 106
  • Best bedroom size: 2 bedrooms
  • Median property price (2 bedrooms): C$735,000
  • Airbnb Annual revenue: C$51,496
  • Gross rental yield: 7.01%
  • Total Number of Airbnb Listings: 424
  • Best bedroom size: 1 bedroom
  • Median property price (1 bedroom): C$360,000
  • Airbnb Annual revenue: C$51,006
  • Gross rental yield: 14.17%
  • Total Number of Airbnb Listings: 193
  • Best bedroom size: 1 bedroom
  • Median property price (1 bedroom): C$595,000
  • Airbnb Annual revenue: C$43,738
  • Gross rental yield: 7.35%
  • Total Number of Airbnb Listings: 228
  • Best bedroom size: 1 bedroom
  • Median property price (1 bedroom): C$489,000
  • Airbnb Annual revenue: C$40,481
  • Gross rental yield: 8.28%
Explore More Profitable Locations in Vancouver, BC!

How to Find Profitable Markets and Maximize your ROI?

It might take a lot of time to identify viable rental markets, and we understand how valuable the investor’s time is. For this reason, it’s a great idea to make use of the advanced resources available to property investors to hasten this process.

On top of that, you should also consider visiting real estate forums or doing a throughout research in search engines to find out which locations are drawing the investors’ attention in specific countries. This will also help you to sort your list and have a clear idea of which cities to focus on. Plus, we encourage investors like you to make use of analytics tools to find profitable markets to invest in Airbnb, particularly those that can provide dynamic data.

Imagine exploring a city while getting useful info that can make things easier for you, it sounds like a dream come true, right? It’s possible with Airbtics Dashboard since you can get a reliable dataset that will show you metrics like the average revenue, occupancy rates, nightly rates, and seasonality, among others.

But don’t take just our word for it, go ahead and take a look at Simon, an Airbtics customer, who was led to a new Airbnb market that generated more profitability than his previous one!

best places to buy to let glasgow

But, it can happen that your target area is not appearing in the search results, but don’t worry! You can easily create your own custom market.

Now, that you have a better view of your target market, go ahead and play around with the filters and find the results that fit your needs. You can use filters to find out what type of property offers the most attractive profit in your preferred area. 

The best part of using dynamic data is that by moving and zooming in and out of your map, the data will also change accordingly!

best places to buy to let glasgow

This process can now be repeated until you decide what type of property would be a good investment in your target city or neighborhood. Compare data between different property types and you find out the option that suits you the best! 

Enhance your Revenue Potential: Invest Smart in Vancouver’s Airbnb Market

At this point, it’s a given that real estate investors in Vancouver can earn an attractive rental income by listing their properties on Airbnb and they will also be able to achieve financial stability in the long run!

Discovering the best areas to invest in a rental property in Vancouver marks the first step in your real estate journey.  But, you should continue this research and make use of the power of advanced analytics tools like our Airbtics’ Airbnb calculator. Now, you can make data-driven decisions, and optimize your strategies while maximizing your returns!

Pro Book

Deeper STR Insights. Broader Investment Opportunities.

Want to go deeper, broader, and faster? Supercharge your Airbnb Investment by accessing the most in-depth Airbnb & real estate insights with our exclusive STR report.

Unlock Worldwide
Short-Term Rental Data
Find unsaturated neighborhoods with the highest occupancy history.

Unlock Worldwide
Short-Term Rental Data
Find unsaturated neighborhoods with the highest occupancy history.

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Categories
Airbnb Investment All About Airbnb

Best Places to Invest in an Airbnb Investment Property in Kitchener, Ontario

Get the most out of your investment property by focusing on the best rental markets in Kitchener! Learn more about this market here.

kitchener investment property

Get the most out of your investment property by focusing on the best rental markets in Kitchener! Learn more about this market here.

Key Takeaways

  • Kitchener is an attractive investment location for those seeking to generate a nice source of revenue through Airbnb. The city boasts a stable economy and a growing housing market with strong rental demand, making it an ideal place to operate an Airbnb business.
  • With the Airbtics Dashboard, we could gather the best areas in Kitchener to buy an investment property. We also included important Airbnb datasets about the markets, like the best number of bedrooms you can get, how much revenue you could make, and more.

Investment Property in Kitchener: A Gem in Ontario’s Booming Real Estate Market

The small yet charming city of Kitchener is located in Southwestern Ontario, in the Saint Lawrence Lowlands, an exciting destination with deep Germanic roots and rich cultural heritage. The city is widely known for hosting the largest Oktoberfest celebration outside of Germany each year as well as other artistic and cultural celebrations!

Kitchener is a unique destination that is full of life and vibrant attractions, with a rich history and a business-friendly spirit. As one of the fastest-growing cities in Canada, Kitchener can be quite a catch for investors, especially with its innovative economy and flourishing real estate market. However, to guarantee your property investment success, you need to set smart strategies and make data-driven decisions while targeting the right areas.

If you’re looking to buy an Airbnb property in Kitchener, ON, then this article is for you! We’ll mention the top rental markets in the city and what the main benefits are of investing in a property in Kitchener.

Top Reasons Why Kitchener Can Be Your Gateway to Real Estate Success

Investing in the rental market in Kitchener can be a great way to achieve financial independence, regardless of whether you decide to own an investment property or do rental arbitrage. Having said that, it is still essential to understand the benefits of owning a property in the city before stepping into the market.

Let’s take a look at some of the reasons why you should highly consider buying a property in Kitchener, ON:

  • Stable housing market with strong rental demand

Kitchener’s real estate & rental market has been experiencing steady growth as of late. The city is home to renowned educational institutions that attract a large number of students. With its solid economy and stable job market, the region has also experienced demographic growth that has led to a high demand for housing & rentals. Moreover, the city presents a relatively affordable housing market, which means that investors can obtain solid returns in terms of rent and potential value appreciation.

There’s also another great news and is that Kitchener is one of the most profitable Airbnb markets in Canada. That being said, it’s pretty much a fait accompli that listing your home on platforms like Airbnb can ensure a positive cash flow.

  • Innovative & diversified economy

Kitchener is part of the thriving Greater Toronto region and benefits from a diversified, technology-driven economy. The city has a flourishing arts and creative sector as well as a strong technology industry with plenty of start-up companies and research centers. In fact, Kitchener owns one of the fastest-growing startup ecosystems in Canada. Thanks to these factors, this city features a dynamic job market with a low unemployment rate, providing many opportunities for professional growth.

  • Good living conditions

With superb living conditions, a low crime rate and a clean environment, Kitchener offers an excellent quality of life to both residents and visitors. The city is home to a wide variety of parks, trails and green spaces which opens the doors to plenty of recreational opportunities. It also features a thriving cultural scene which includes theaters, art galleries and museums.

In addition, Kitchener owns a strategic location in central Ontario, allowing residents and visitors to have easy access to other major cities, such as Toronto and Hamilton. This allows them to take advantage of the economic and cultural opportunities of other cities while enjoying a more peaceful and cheaper environment in Kitchener.

Kitchener also offers relatively lower real estate prices compared to major nearby cities like Toronto, Hamilton, or Mississauga. Currently, the average house price in Kitchener is C$724K.

  • There’s so much to do and see in Kitchener all year round!

Looking for a destination where everyone feels at home and can enjoy fun activities? Then you’ll truly love Kitchener’s welcoming atmosphere, cultural diversity and vibrant streets! The city is filled with fascinating museums, theaters and art galleries as well as plenty of parks and green spaces like Victoria Park where you can find a wide variety of plants and wildlife.

The city also hosts exciting festivals and events all year round, such as the iconic Oktoberfest and the Caribbean Festival, which offer a great opportunity to experience different traditions and cuisines. Among other popular festivals, we can find the Kitchener Blues Festival and Kultrún World Music Festival.

Is Airbnb Profitable in Kitchener, ON?

Investing in the Kitchener Airbnb market can be a rewarding experience for investors looking to cater to rental accommodation. In fact, Kitchener is among the Airbnb Cities in Canada where listings can generate a high daily rate.

Based on Airbtics profit estimator, an Airbnb host can earn up to C$35,870 with a median occupancy rate of 69% for operating a 2-bedroom apartment in Kitchener. 

Kitchener is a great location to invest in rental properties, but it’s important to keep in mind that the return on your investment will also depend on other factors like the number of bedrooms and the property’s location. 

Where to Invest in Airbnb Property In Kitchener: Unveiling the Best Markets

Investing in real estate in Kitchener can be a great way to generate a nice income stream. But first and foremost it’s important to select the right location to set up your Airbnb listing since the level of profitability will highly differ depending on the area.

Check some of the prime areas to buy a property in Kitchener, ON, and are recommended for starting an Airbnb business:

airbtics-logo-300x87
Location Airbnb Listings Best Number of Bedrooms Median Property Price Airbnb Annual Revenue GRY
Vanier 34 2 bedrooms C$399,900 (2 BR) C$39,550 9.89%
Downtown Kitchener 24 1 bedroom C$415,000 (1 BR) C$39,522 9.52%
Victoria Hills 39 2 bedrooms C$$489,900 (2 BR) C$33,512 6.84%
KW Hospital 47 1 bedroom C$429,900 (1 BR) C$31,722 7.38%
Cherry Hill 53 1 bedroom C$322,000 (1 BR) C$31,388 9.75%
King East 27 1 bedroom C$389,900 (1 BR) C$30,975 7.94%
Victoria Park 28 1 bedroom C$499,000 (1 BR) C$30,682 6.15%
Mt Hope Huron Park 73 2 bedrooms C$439,900 (2 BR) C$28,838 6.6%

Location

Airbnb Dataset

  • Total Number of Airbnb Listings: 34
  • Best Bedroom Size: 2 bedrooms
  • Median Property Price (2 bedrooms): C$399,900
  • Airbnb Annual revenue: C$39,550
  • Gross rental yield: 9.89%
  • Total Number of Airbnb Listings: 24
  • Best Bedroom Size: 1 bedroom
  • Median Property Price (1 bedroom): C$415,000
  • Airbnb Annual revenue: C$39,522
  • Gross rental yield: 9.52%
  • Total Number of Airbnb Listings: 39
  • Best Bedroom Size: 2 bedrooms
  • Median Property Price (2 bedrooms): C$489,900
  • Airbnb Annual revenue: C$33,512
  • Gross rental yield: 6.84%
  • Total Number of Airbnb Listings: 47
  • Best Bedroom Size: 1 bedroom
  • Median Property Price (1 bedroom): C$429,900
  • Airbnb Annual revenue: C$31,722
  • Gross rental yield: 7.38%
  • Total Number of Airbnb Listings: 53
  • Best Bedroom Size: 1 bedroom
  • Median Property Price (1 bedroom): C$322,000
  • Airbnb Annual revenue: C$31,388
  • Gross rental yield: 9.75%
  • Total Number of Airbnb Listings: 27
  • Best Bedroom Size: 1 bedroom
  • Median Property Price (1 bedroom): C$389,900
  • Airbnb Annual revenue: C$30,975
  • Gross rental yield: 7.94%
  • Total Number of Airbnb Listings: 28
  • Best Bedroom Size: 1 bedroom
  • Median Property Price (1 bedroom): C$499,000
  • Airbnb Annual revenue: C$30,682
  • Gross rental yield: 6.15%
  • Total Number of Airbnb Listings: 73
  • Best Bedroom Size: 2 bedrooms
  • Median Property Price (2 bedrooms): C$439,900
  • Airbnb Annual revenue: C$28,838
  • Gross rental yield: 6.6%
Explore More Profitable Locations in Kitchener, ON!

Maximizing your Returns: How to Find Top Airbnb Markets?

It might take a lot of time to identify viable rental markets, and we understand how valuable the investor’s time is. For this reason, it’s a great idea to make use of the advanced resources available to property investors to hasten this process.

On top of that, you should also consider visiting real estate forums or doing a throughout research in search engines to find out which locations are drawing the investors’ attention in specific countries. This will also help you to sort your list and have a clear idea of which cities to focus on. Plus, we encourage investors like you to make use of analytics tools to find profitable markets to invest in Airbnb, particularly those that can provide dynamic data.

Imagine exploring a city while getting useful info that can make things easier for you, it sounds like a dream come true, right? It’s possible with Airbtics Dashboard since you can get a reliable dataset that will show you metrics like the average revenue, occupancy rates, nightly rates, and seasonality, among others.

But don’t take just our word for it, go ahead and take a look at Simon, an Airbtics customer, who was led to a new Airbnb market that generated more profitability than his previous one!

best places to buy to let glasgow

But, it can happen that your target area is not appearing in the search results, but don’t worry! You can easily create your own custom market.

Now, that you have a better view of your target market, go ahead and play around with the filters and find the results that fit your needs. You can use filters to find out what type of property offers the most attractive profit in your preferred area. 

The best part of using dynamic data is that by moving and zooming in and out of your map, the data will also change accordingly!

best places to buy to let glasgow

This process can now be repeated until you decide what type of property would be a good investment in your target city or neighborhood. Compare data between different property types and you find out the option that suits you the best! 

Investing in Kitchener: Your Gateway to Real Estate Success

In summary, listing a property in Kitchener can become an excellent opportunity for investors to maximize the returns on their investments. With the city’s growing real estate market and increasing rental demand, investors can view this market optimistically since it provides the potential for a positive cash flow.

Identifying the ideal areas to invest in an Airbnb investment property in Kitchener serves as an excellent starting point for your real estate journey. But, you should still continue your research because there are still many lucrative locations that await your discovery. Seize this opportunity to embark on your path to financial independence by setting clear objectives and utilizing data-driven tools such as Airbtics Dashboard!

Pro Book

Deeper STR Insights. Broader Investment Opportunities.

Want to go deeper, broader, and faster? Supercharge your Airbnb Investment by accessing the most in-depth Airbnb & real estate insights with our exclusive STR report.

Unlock Worldwide
Short-Term Rental Data
Find unsaturated neighborhoods with the highest occupancy history.

Unlock Worldwide
Short-Term Rental Data
Find unsaturated neighborhoods with the highest occupancy history.

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Categories
Airbnb Rules All About Airbnb

Airbnb Rules in New Jersey: STR Ordinances in Major NJ Municipalities

Travelers are rerouting from NYC to NJ due to the new Airbnb rules in New York. Don’t miss this opportunity! Here’s a complete guide about the Airbnb rules in New Jersey.

Airbnb Rules New Jersey

Travelers are rerouting from NYC to NJ due to the new Airbnb rules in New York. Don’t miss this opportunity! Here’s a complete guide about the Airbnb rules in New Jersey.

With the new Airbnb rules in New York, it looks like travelers are more inclined to book an Airbnb in New Jersey and make a day tour in NYC. This could mean a breakthrough for Airbnb investors and hosts in New Jersey!

So, if you want to grab this huge opportunity to maximize your Airbnb business, hang on there and read this article! We’ve done in-depth research to help you grow your STR business in New Jersey.

Navigating the Rules and Profitability of Short-Term Rentals in New Jersey

New Jersey is undoubtedly a popular destination and some of its municipalities have become the most attractive locations for short-term rental investments in the US due to its strong economy, consistent rental demand, and solid tourist market.

But before stepping into the Airbnb world, you need to understand the legality of the business, the steps involved in setting up an Airbnb in New Jersey, and most importantly if the investment is worth it! 

In this article, we have covered the Airbnb rules in major cities of New Jersey, as well as their level of profitability. Keep reading to learn more about Airbnb laws in New Jersey!

Is Airbnb Legal in NJ?

You may be wondering “is Airbnb legal in New Jersey?” – Let’s come straight to the point so you don’t have to worry anymore: Airbnb is legal in New Jersey State! Yet, it must be considered that each New Jersey municipality has its own particular regulations about short-term rentals. But in general, NJ imposes a state occupancy tax on short-term rentals.

On the other hand, some cities in New Jersey such as Paterson don’t require a business license to operate a short-term rental.

Here are some of the existing STR laws & regulations in major New Jersey municipalities:

Airbnb Regulations in Jersey City

Chapter 255 of the Jersey City Code of Ordinance introduces regulations about short-term rentals within the city. These regulations encompass the following:

  • Prohibition of short-term rentals managed by tenants and restrict short-term rentals within rent-controlled units. 
  • Property owners, who are eligible to share their primary residence, including up to two additional units within the building that they own and in which they live. However, they are limited to sharing their home for no more than 60 nights when they are not on their residence and must apply for a permit through the Division of Housing Preservation.
  • Permit applications are available from the Division of Housing Preservation, 342 Martin Luther King Drive, Jersey City, NJ 07305 or online.

Please note that the application process must be completed for each short-term rental, regardless of whether the owner of the rental is the same and/or the rentals are located in the same residence.

Requirements for obtaining a STR permit:
  • Registration fee: $250.
  • Provide the street address, tax block and lot, and ward of the rental.
  • The personal contact information of the owner (name, address, email, and phone number).
  • If the owner of the record is not a natural person, the names and personal contact information for all partners, officers, and/or directors of the owner entity.
  • Contact information for the STR property Agent as well as for the STRP responsible party, both available 24/7.
  • The number and location of all parking spaces available for the STR, including the number of legal off-street parking spaces and on-street parking spaces directly adjacent to the premises.
Documentation required:
  • Proof of the owner’s current ownership of the STR unit (i.e. – tax bill).
  • Proof of principal residence (i.e. – driver’s license or State ID card).
  • Copies of two (2) recent (less than 30 days old) utility bills.
  • Proof of general liability insurance in a minimum amount of $500,000.

Find out more about the Jersey City STR ordinance here.

Airbnb Regulations in Newark

In Newark, owners of a STR property must obtain a short-term rental permit from the Department of Engineering, before renting or advertising their listing.

Requirements for STR permits:
  • Owner’s contact information (name, address, phone number, and email) and the address of the rental unit.
  • A copy of the owner’s driver’s license or State ID confirming the property as their primary residence.
  • Contact information for the short-term rental agent as well as the one from the responsible party, both available 24/7.
  • Number and location of available parking spaces, with a commitment to minimize on-street parking issues.
  • For a condominium STR permit, it’s essential to obtain approval from the Condominium Association.
Other documentation:
  • Proof of the owner’s current ownership of the short-term rental unit;
  • Proof of general liability insurance in a minimum amount of $500,000;
  • Written certifications from the short-term rental property agent and responsible party that they agree to perform all of the respective duties.

Aside from the permit, owners must also make an application for a Certificate of Code Compliance. The permit and certificate of code compliance must be renewed on an annual basis. The renewal registration fee is $250

Learn more about Newark’s STR regulations here.

Airbnb Regulations in Atlantic City

In Atlantic City, any dwelling units, rooms, or other spaces used for seasonal or transient rentals are required to apply for an annual permit for registration and inspection. To successfully register, property owners must ensure that their taxes, water and sewer charges are up to date, and the property must be free of any maintenance violations.

STR Permit requirements:
  • Submit the application for short-term rentals. It includes a $150 mandatory application fee. 
  • The address of the short-term rental, including block, lot, and unit numbers.
  • Owner’s contact information (name, address, telephone number, and email address).
  • Contact Information concerning the local contact person, must be available 24/7 This should include their name, address, telephone number, and email address.
  • Proof of general liability insurance specifically covering short-term rental activities.
  • Land Use Certification.
  • Pest Certification.
  • Fire Certification.

Learn more about Atlantic City’s short-term rental regulations here.

Airbnb Regulations in Trenton

Landlords who wish to offer their units as short-term rental properties are required to register their properties under the City’s Absentee Owner Program. Registrations are valid for a one-year term and must be renewed on an annual basis.

Requirements for STR permits:
  • The address of the short-term rental, including block, lot, and unit numbers.
  • Owner’s information (name, address, telephone number, and email address).
  • Contact Information concerning the individual representative of the owner, must be available 24/7.
  • Specification of the exact number of sleeping rooms contained in the short-term rental. An owner shall include a floor plan of each level of the property.
  • A copy of a valid property liability insurance policy for each rental unit must be included with the registration form, covering the entire registration period.
  • Proof of compliance with condominium documents, bylaws, or governing documents, if applicable, should be provided for the residential unit used as a short-term rental.
  • The City charges a $300 registration fee and a $150 annual renewal fee.

On top of that, owners must maintain records of each renter’s name and contact details for a three-year period, to be provided to the City upon request.

For more detailed information about the STR regulations in Trenton visit this link.

Airbnb Regulations in Elizabeth

In Elizabeth, the owner of a STR property must obtain a short-term rental license from the city Bureau of Central Licensing, before renting or advertising their listing.

Requirements for STR permits:
  • Pay out the license application annual fee of $200.
  • Provide a rental certificate of occupancy from the Bureau of Planning and Zoning.
  • Certificate from the fire prevention bureau.
  • Owner’s contact information (names, addresses, phone numbers, and email addresses)
  • Address of the short-term rental unit.
  • Proof of owner’s principal residence status, such as a driver’s license or state ID.
  • 24/7 contact information for the owner.
  • Parking details, including efforts to prevent neighborhood parking issues. Also, an agreement limiting renters to one vehicle per two occupants.
Additional documents:
  • Proof of current ownership of the short-term rental unit.
  • Proof of general liability insurance with a minimum coverage of $500,000.
  • Written agreements from the property agent and responsible party to fulfill their specified duties.
  • For condominium STR applications, owners must submit a letter of approval from the Condominium Association.

Short-term rental licenses and rental certificates of occupancy must be renewed on an annual basis. Owners must notify the chief license inspector in writing within 30 days if they do not intend to renew their license.

Check out more detailed information about Elizabeht’s short-term rental ordinances here.

Is Property Investment Worth it in New Jersey?

Investing in an Airbnb property in one of the best cities of New Jersey not only allows you to own a vacation home, but you can also turn it into a rental property to earn a nice passive income! 

Let’s see some of the Airbnb market metrics of New Jersey –  According to Airbtics Dashboard, property investment in most cities of New Jersey is worth it. For instance, an average host in Jersey City can expect to earn $36,529 per year with an occupancy rate of 81% for operating a  1-bedroom property. 

Airbnb Rules New Jersey

On the other hand, if you’re planning to host guests in Atlantic City, you can generate up to $29,954 annually with a median occupancy rate of 50% for a 1-bedroom property.

And if you’re targeting Netwark’s Airbnb market, you can make up to $27,595 yearly with an average occupancy rate of 65% for operating a 1-bedroom property! Additionally, you would like to host in Newark, NJ since it’s one of the top STR-friendly cities in the US!

Airbnb Rules New Jersey

Mastering the New Jersey Airbnb Market: Stay informed to make smarter investment decisions

In conclusion, hosts can secure the smooth operation of their STR business by staying informed about the latest Airbnb regulations in New Jersey as well as targeting the right locations to get the most out of their properties. 

Moreover, considering Airbnb’s strict situation in NYC, New Jersey may become a better option for STR listings as some cities are located near New York and tourists would most likely prefer to book here to get a better experience. However, we must take into account that cities like Jersey City have been reinforcing their STR regulations recently, but hopefully, the panorama won’t be intensely affected by it.

As New Jersey’s market continues to experience steady growth in the Airbnb industry, hosts in the city should consider utilizing reliable analytics tools to set and achieve their goals and expectations based on up-to-date metrics for their businesses. Check out how much you can make with Airbnb in your target cities by making use of our Short-term Rental Estimator!

Unlock Worldwide
Short-Term Rental Data
Find unsaturated neighborhoods with the highest occupancy history.

Unlock Worldwide
Short-Term Rental Data
Find unsaturated neighborhoods with the highest occupancy history.

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Airbnb Investment All About Airbnb

Best Place to Buy Rental Property in Edmonton

Discover the best place to buy a rental property in Edmonton to maximize the return on your property investment!

Best place to buy rental property in Edmonton

Discover the best places to buy a rental property in Edmonton to maximize the return on your property investment!

Key Takeaways

  • The stable economy, growing rental market, and affordable cost of living in Edmonton provide investors with the opportunity to make a good return on their investment and enjoy the benefits of a thriving business.
  • With the help of Airbtics, we are able to provide an overview of Edmonton’s top Airbnb markets, as well as their associated Airbnb data, including recommended property types, gross rental yields, and more.

Exploring the Thriving Rental Market in Edmonton

The dynamic capital city of Alberta Province, Edmonton, is located on the North Saskatchewan River, a city that is renowned for its natural beauty, strong oil industry and superb living conditions. This destination features a mix of modern and traditional architecture with a variety of heritage buildings that showcase the city’s rich history.

Also known as Canada’s Festival City, Edmonton owns a vibrant cultural scene, hosting numerous festivals throughout the year that attract a high influx of tourists yearly. Thanks to this and many other factors, the rental market has been steadily growing,  drawing the attention of more and more property investors.

Looking for the best place to buy a rental property in Edmonton? We got you! In this article, you’ll find the top rental markets as well as some of the key benefits that investors can look forward to when investing in real estate in this city. Keep reading!

Top reasons to invest in Edmonton real estate

Real estate investors in Edmonton have the potential to gain great benefits from owning a rental property such as the chance to achieve financial freedom in the long run. But, the question remains: what are the benefits of owning an investment property in Edmonton?

Check out some of the reasons why investing in real estate in Edmonton is a great idea:

  • Steady rental demand

Edmonton is a great place to invest in real estate if you’re looking for a steady rental income stream. It’s a growing city with a strong student market. What’s more? Many young people, professionals and families are looking to relocate in this city. Thanks to its great quality of living and excellent job and educational opportunities. Thus, there’s always a lot of demand for properties.

On top of that, it provides an affordable cost of living. Aside from daily expenses, the housing market presents different options in various price ranges. Currently, the average property price in Edmonton is $397,811. This allows investors to make an affordable initial investment and potentially higher profit potential.

  • Splendid living conditions

When seeking to target a particular market, the quality of life in the local area is a key factor to consider. The great news is that Edmonton is among the top Canadian cities that offer one of the highest quality of life in Northern America. 

The city offers a wide variety of services, facilities and recreational activities, as well as a high-quality education and a reliable health care system. In addition, Edmonton features modern and well-developed infrastructure, including an extensive road network, dependable public transportation and an international airport. This facilitates mobility in the city which keeps it well communicated with the rest of the country.

  • Stable & diverse economy

Edmonton is the capital of Alberta province, which is among the top richest provinces in Canada, so it’s to be expected that this city owns a strong and stable economy. Edmonton is known for its booming oil and gas industry, but it also has a diversified economy that includes sectors like technology, transportation, financial services, tourism healthcare and education.

Thanks to this, the city features a solid job market with a plethora of employment opportunities

  • Alluring destination

Edmonton is truly an alluring and lively city that doesn’t disappoint with its variety of leisure attractions. In fact, it’s home to many art galleries, theaters, museums and green spaces.

Moreover, the city attracts visitors from around the world with its vibrant cultural festivals and sporting events. And there’s also no shortage of activities for outdoor enthusiasts because Edmonton offers many natural attractions, such as Elk Island National Park and the Rocky Mountains.

Moreover, considering that tourism is an important source of income for Edmonton, investors looking to cater to vocational accommodations can expect high rental yields and revenue potential. 

Is Airbnb Profitable in Edmonton, AB?

Airbtics confirms that investing in income property in Edmonton can certainly help investors experience a rewarding investment. Moreover, Edmonton is also one of the top Canadian cities for Airbnb investments

According to Airbtics’ income calculator, an average Airbnb host can earn up to C$28,563 with a median occupancy rate of 56% for managing a 2-bedroom property in Edmonton. 

Edmonton is a profitable city with great investment opportunities. But despite that, real estate investors must consider that the level of profitability depends on other factors such as the property type and location. It’s also important to learn about the Airbnb regulations in Edmonton so that you can run your listing smoothly.

Source: Airbtics Dashboard

10 Prime rental markets in Edmonton for Airbnb properties

While there are many Airbnb host expenses to consider when you plan on owning a rental property, the most important part is to analyze the listing’s location. 

But, did you know that Edmonton has around 400 designated neighborhoods? Quite a long list, so it’s understandable if you’re struggling to find the right place to set up your short-term rental property in Edmonton.

Let’s check some of the best neighborhoods in Edmonton, Alberta that are recommended for starting an Airbnb business:

airbtics-logo-300x87
Best Area Airbnb Listings Best Number of Bedrooms Median Property Price Airbnb Annual Revenue GRY
Chappelle 151 3 bedrooms C$285,000 (3 BR) C$31,274 10.97%
Strathcona 75 2 bedrooms C$199,999 (2 BR) C$30,733 15.37%
Downtown Edmonton 265 1 bedroom C$107,000 (1 BR) C$29,485 27.56%
Jasper Place 192 3 bedrooms C$298,500 (3 BR) C$28,251 9.46%
Oliver 111 1 bedroom C$96,900 (1 BR) C$27,955 28.85%
Garneau 62 2 bedrooms C$215,000 (2 BR) C$26,027 12.11%
Alberta Avenue 62 2 bedrooms C$210,000 (2 BR) C$23,456 11.17%
Windermere 110 2 bedrooms C$209,000 (2 BR) C$21,911 10.48%
Queen Alexandra 88 1 bedroom C$128,900 (1 BR) C$21,015 16.30%
Queen Mary Park 74 1 bedroom C$149,900 (1 BR) C$20,418 13.62%
  • Total Number of Airbnb Listings: 151
  • Best bedroom size: 3 bedrooms
  • Median property price (3 bedrooms): C$285,000
  • Airbnb Annual revenue: C$31,274
  • Gross rental yield: 10.97%
  • Total Number of Airbnb Listings: 75
  • Best bedroom size: 2 bedrooms
  • Median property price (2 bedrooms): C$199,999
  • Airbnb Annual revenue: C$30,733
  • Gross rental yield: 15.37%
  • Total Number of Airbnb Listings: 265
  • Best bedroom size: 1 bedroom
  • Median property price (1 bedroom): C$107,000
  • Airbnb Annual revenue: C$29,485
  • Gross rental yield: 27.56%
  • Total Number of Airbnb Listings: 192
  • Best bedroom size: 3 bedrooms
  • Median property price (3 bedrooms): C$298,500
  • Airbnb Annual revenue: C$28,251
  • Gross rental yield: 9.46%
  • Total Number of Airbnb Listings: 111
  • Best bedroom size: 1 bedroom
  • Median property price (1 bedroom): C$96,900
  • Airbnb Annual revenue: C$27,955
  • Gross rental yield: 28.85%
  • Total Number of Airbnb Listings: 62
  • Best bedroom size: 2 bedrooms
  • Median property price (2 bedrooms): C$215,000
  • Airbnb Annual revenue: C$26,027
  • Gross rental yield: 12.11%
  • Total Number of Airbnb Listings: 62
  • Best bedroom size: 2 bedrooms
  • Median property price (2 bedrooms): C$210,000
  • Airbnb Annual revenue: C$23,456
  • Gross rental yield: 11.17%
  • Total Number of Airbnb Listings: 110
  • Best bedroom size: 2 bedrooms
  • Median property price (2 bedrooms): C$209,000
  • Airbnb Annual revenue: C$21,911
  • Gross rental yield: 10.48%
  • Total Number of Airbnb Listings: 88
  • Best bedroom size: 1 bedroom
  • Median property price (1 bedroom): C$128,900
  • Airbnb Annual revenue: C$21,015
  • Gross rental yield: 16.30%
  • Total Number of Airbnb Listings: 74
  • Best bedroom size: 1 bedroom
  • Median property price (1 bedroom): C$149,900
  • Airbnb Annual revenue: C$20,418
  • Gross rental yield: 13.62%
Explore More Profitable Locations in Edmonton!

How to Find the Most Profitable Airbnb Locations?

It might take a lot of time to identify viable rental markets, and we understand how valuable the investor’s time is. For this reason, it’s a great idea to make use of the advanced resources available to property investors to hasten this process.

On top of that, you should also consider visiting real estate forums or doing a throughout research in search engines to find out which locations are drawing the investors’ attention in specific countries. This will also help you to sort your list and have a clear idea of which cities to focus on. Plus, we encourage investors like you to make use of analytics tools to find profitable markets to invest in Airbnb, particularly those that can provide dynamic data.

Imagine exploring a city while getting useful info that can make things easier for you, it sounds like a dream come true, right? It’s possible with Airbtics Dashboard since you can get a reliable dataset that will show you metrics like the average revenue, occupancy rates, nightly rates, and seasonality, among others.

But don’t take just our word for it, go ahead and take a look at Simon, an Airbtics customer, who was led to a new Airbnb market that generated more profitability than his previous one!

best places to buy to let glasgow

But, it can happen that your target area is not appearing in the search results, but don’t worry! You can easily create your own custom market.

Now, that you have a better view of your target market, go ahead and play around with the filters and find the results that fit your needs. You can use filters to find out what type of property offers the most attractive profit in your preferred area. 

The best part of using dynamic data is that by moving and zooming in and out of your map, the data will also change accordingly!

best places to buy to let glasgow

This process can now be repeated until you decide what type of property would be a good investment in your target city or neighborhood. Compare data between different property types and you find out the option that suits you the best! 

Take your investment to the next level with Airbtics!

To sum up, property investors in Edmonton can expect to generate a high return on investment for operating Airbnb listings in target neighborhoods thanks to its solid rental demand, affordable housing market and wonderful living conditions.

Knowing the best place to buy a rental property in Edmonton is a great way to start your journey! Still, we encourage you to take things to the next level by making use of the top analytics tools such as our Airbtics’ Airbnb calculator. Move forward and boost your profitability now!

Pro Book

Deeper STR Insights. Broader Investment Opportunities.

Want to go deeper, broader, and faster? Supercharge your Airbnb Investment by accessing the most in-depth Airbnb & real estate insights with our exclusive STR report.

Unlock Worldwide
Short-Term Rental Data
Find unsaturated neighborhoods with the highest occupancy history.

Unlock Worldwide
Short-Term Rental Data
Find unsaturated neighborhoods with the highest occupancy history.

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Categories
Airbnb Investment All About Airbnb

Best Buy to Let Areas in Scotland: Get to know the Top 10 Airbnb Cities!

Secure a nice cash-on-cash return by targeting the best buy to let areas in Scotland. Discover the top Airbnb cities in this article!

Best buy to let areas Scotland

Secure a nice cash-on-cash return by targeting the best buy to let areas in Scotland. Discover the top Airbnb cities in this article!

Key Takeaways

  • Property investors in Scotland can take advantage of the lucrative opportunities available to them by investing in buy-to-let properties, which can provide a reliable return on their investment.
  • Making use of Airbtics analytics tool, we could find the most profitable areas in Scotland for rental properties. This is supplemented by recommended property sizes, estimated annual revenue, gross rental yields and other dataset.

Exploring Lucrative Rental Markets in Scotland!

Surrounded by the Atlantic Ocean, the North Sea, and the Irish Sea, lies the second largest country of the UK, Scotland. This country is widely known for its breathtaking landscapes and sparkling cities as well for being a land of legends and unique traditions.

The beauty of Scotland is undeniable, so it’s understandable why is considered one of the most beautiful destinations in the world. With stunning landscapes, rich history, fascinating culture & traditions, this country has everything to enchant everyone. 

On top of that, Scotland also offers some profitable real estate markets capable of catching property investors’ attention. In fact, major cities of Scotland such as Glasgow, Edinburgh and Aberdeen are among the top cities in the UK for Airbnb properties!

Before embarking on this investment journey, it is important to define your goals and conduct an in-depth analysis of the market to ensure the success of your Airbnb business.

In this article, you will discover the best buy to let areas in Scotland. As a bonus, we will also mention some of the top reasons why you should consider investing in property in cities of Scotland. Keep reading and find out more about this market!

Why should you consider investing in Scotland’s rental market?

Scotland is a destination that is attracting more and more investors since they can gain the best rental yields while investing a reasonable amount in properties. But before stepping into any rental market in Scotland, it’s important to analyze the country’s real estate situation and what kind of benefits it offers to investors. 

Check out some of the reasons why doing real estate investments in Scotland is a great business idea:

  • Stable real estate market with solid returns

If you’re looking to buy an investment property in Scotland, you’re in luck! Since house prices are skyrocketing globally, Scotland has been maintaining an affordable real estate market and there’s no shortage of housing available! Moreover, the country owns a booming economy and well–developed infrastructure. 

Thanks to its amazing living conditions, educational opportunities and plenty of job opportunities, people are drawn to the city to live, work, or study. Thus, investors can expect a solid demand for housing and rentals. On top of that, obtaining high rental yields is possible as the real estate market offers a variety of property types at low values. Currently, the average house price in Scotland is £189K.

  • One of the best-performing economies in the UK 

Scotland owns one of the most developed and industrialized economies in Europe. The country is home to well-developed cities that offer strong job markets in a variety of sectors. The key industries in Scotland are tourism, finance and business services, oil and gas, the food industry, culture and creativity. 

Yet, the Scottish economy continues to grow, benefiting from emerging sectors such as those related to renewable energy, technology, life sciences and research.

  • Great quality of life 

The Scottish cities and towns offer wonderful living conditions, low crime rates and feature a wide range of services, such as high-quality medical care, excellent education opportunities and a modern infrastructure. Many prestigious universities and educational institutions are located in Scotland’s cities, making it an attractive destination for both domestic and international students seeking the best opportunities.

On the other hand, the cost of living highly depends on the area, but generally speaking, it’s not as high compared to England.

  • Lots of tourist attractions!

Scotland is truly a country of endless opportunities and experiences as it owns a rich history and owns an impressive catalog of traditions and legends! Whether you’re looking for a spot to explore on your own or one to share new experiences with your family or companions, there will always be a place that fits your needs. 

Scotland is well-known for its dazzling scenery, which includes mountains, lakes or also referred to as “lochs”, rivers and hills. Some of its most representative sites are the well-known Loch Ness, the Glencoe Valley and the Isle of Skye. Of course, we can’t forget to mention some of its fascinating historic castles, like Edinburgh Castle, Inverness Castle and Stirling Castle.

Additionally, we should mention that Scotland welcomes a high influx of visitors yearly. As a matter of fact, the country received over 3.2M tourists just in 2022 as confirmed by the VisitScotland portal!

Is Airbnb profitable in Scotland?

There are several factors that should be considered when trying to determine the profitability of a specific area such as the annual revenue, occupancy rates and more. But don’t worry too much because Airbtics assures you that investing in Scotland can bring investors like you fulfilling investment experiences! 

Let’s dive deeper into one of Scotland’s most popular cities: Edinburgh – According to Airbtics income calculator, Airbnb hosts can earn a potential revenue of £48,572 with a median occupancy rate of 93% for operating a 1-bedroom property in Scotland’s capital city.

On the other hand, if you’re aiming to host Airbnb guests, you should also take into consideration other factors such as the best type of property and how to write off the necessary expenses

Source: Airbtics Dashboard

Top 10 rental markets to invest in buy-to-let property in Scotland 

Scotland is home to many beautiful as well as profitable cities & towns, however, we must consider that the profitability of each area will differ. So, here arises the big question: where should you invest in a rental property in Scotland? – We got you!

Go ahead and check out the best areas for property investments in Scotland and are recommended for Airbnb business:

airbtics-logo-300x87
Best Area Airbnb Listings Best Number of Bedrooms Median Property Price Airbnb Annual Revenue GRY
Edinburgh 8,781 2 bedrooms £280,000 (2 BR) £53,840 19.23%
Portree 237 2 bedrooms £145,000 (2 BR) £52,859 36.45%
St. Andrews 744 3 bedrooms £492,000 (3 BR) £50,633 10.29%
Inverness 976 2 bedrooms £150,000 (2 BR) £39,520 26.35%
Glasgow 3,391 2 bedrooms £185,000 (2 BR) £38,621 20.88%
Fort Augustus 419 3 bedrooms £280,000 (3 BR) £37,280 13.31%
Dundee 394 2 bedrooms £125,000 (2 BR) £28,726 23%
Falkirk 170 2 bedrooms £127,498 (2 BR) £27,937 21.91%
Stirling 152 1 bedroom £128,748 (1 BR) £26,008 20.20%
Aberdeen 838 2 bedrooms £130,000 (2 BR) £23,982 18.45%

Best Area

Airbnb Dataset

  • Total Number of Airbnb Listings: 8,781
  • Best bedroom size: 2 bedrooms
  • Median property price (2 bedrooms): £280,000
  • Airbnb Annual revenue: £53,840
  • Gross rental yield: 19.23%
  • Total Number of Airbnb Listings: 237
  • Best bedroom size: 2 bedrooms
  • Median property price (2 bedrooms): £145,000
  • Airbnb Annual revenue: £52,859
  • Gross rental yield: 36.45%
  • Total Number of Airbnb Listings: 744
  • Best bedroom size: 3 bedrooms
  • Median property price (3 bedrooms): £492,000
  • Airbnb Annual revenue: £50,633
  • Gross rental yield: 10.29%
  • Total Number of Airbnb Listings: 976
  • Best bedroom size: 2 bedrooms
  • Median property price (2 bedrooms): £150,000
  • Airbnb Annual revenue: £39,520
  • Gross rental yield: 26.35%
  • Total Number of Airbnb Listings: 3,391
  • Best bedroom size: 2 bedrooms
  • Median property price (2 bedrooms): £185,000
  • Airbnb Annual revenue: £38,621
  • Gross rental yield: 20.88%
  • Total Number of Airbnb Listings: 419
  • Best bedroom size: 3 bedrooms
  • Median property price (3 bedrooms): £280,000
  • Airbnb Annual revenue: £37,280
  • Gross rental yield: 13.31%
  • Total Number of Airbnb Listings: 394
  • Best bedroom size: 2 bedrooms
  • Median property price (2 bedrooms): £125,000
  • Airbnb Annual revenue: £28,726
  • Gross rental yield: 23%
  • Total Number of Airbnb Listings: 170
  • Best bedroom size: 2 bedrooms
  • Median property price (2 bedrooms): £127,498
  • Airbnb Annual revenue: £27,937
  • Gross rental yield: 21.91%
  • Total Number of Airbnb Listings: 152
  • Best bedroom size: 1 bedroom
  • Median property price (1 bedroom): £128,748
  • Airbnb Annual revenue: £26,008
  • Gross rental yield: 20.20%
  • Total Number of Airbnb Listings: 838
  • Best bedroom size: 2 bedrooms
  • Median property price (2 bedrooms): £130,000
  • Airbnb Annual revenue: £23,982
  • Gross rental yield: 18.45%
Explore More Profitable Scottish Cities!

How to Find the Most Profitable Airbnb Locations?

It might take a lot of time to identify viable rental markets, and we understand how valuable the investor’s time is. For this reason, it’s a great idea to make use of the advanced resources available to property investors to hasten this process.

On top of that, you should also consider visiting real estate forums or doing a throughout research in search engines to find out which locations are drawing the investors’ attention in specific countries. This will also help you to sort your list and have a clear idea of which cities to focus on. Plus, we encourage investors like you to make use of analytics tools to find profitable markets to invest in Airbnb, particularly those that can provide dynamic data.

Imagine exploring a city while getting useful info that can make things easier for you, it sounds like a dream come true, right? It’s possible with Airbtics Dashboard since you can get a reliable dataset that will show you metrics like the average revenue, occupancy rates, nightly rates, and seasonality, among others.

But don’t take just our word for it, go ahead and take a look at Simon, an Airbtics customer, who was led to a new Airbnb market that generated more profitability than his previous one!

best places to buy to let glasgow

But, it can happen that your target area is not appearing in the search results, but don’t worry! You can easily create your own custom market.

Now, that you have a better view of your target market, go ahead and play around with the filters and find the results that fit your needs. You can use filters to find out what type of property offers the most attractive profit in your preferred area. 

The best part of using dynamic data is that by moving and zooming in and out of your map, the data will also change accordingly!

best places to buy to let glasgow

This process can now be repeated until you decide what type of property would be a good investment in your target city or neighborhood. Compare data between different property types and you find out the option that suits you the best! 

Secure a profitable Airbnb investment with Airbtics

In general, we can conclude that Scotland is home to a variety of beautiful and profitable cities that can secure solid returns for property investors with its accessible real estate market. Thus, if real estate investors list their properties on Airbnb, it could result in a lucrative financial experience. 

However, if you’re still uncertain about purchasing a property in Scotland, you can also analyze other prime rental markets in the UK! This way you will know that you aren’t missing out on better opportunities.

Finding out the best buy-to-let areas in Scotland is a great way to start your investment journey. But, you should continue your research! Set better strategies and secure your cash-on-cash return by using reliable tools such as Airbtics’ Airbnb income estimator.

Pro Book

Deeper STR Insights. Broader Investment Opportunities.

Want to go deeper, broader, and faster? Supercharge your Airbnb Investment by accessing the most in-depth Airbnb & real estate insights with our exclusive STR report.

Unlock Worldwide
Short-Term Rental Data
Find unsaturated neighborhoods with the highest occupancy history.

Unlock Worldwide
Short-Term Rental Data
Find unsaturated neighborhoods with the highest occupancy history.

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