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Is Investing in Studio Apartments for Airbnb a Great Idea?

Is Investing in Studio Apartments for Airbnb a Great Idea?: Investing in studio apartments for Airbnb is a great idea for both seasoned and newbie investors due to their low cost and high revenue potential.

investing in studio apartments

Investing in studio apartments for Airbnb is a great idea for both seasoned and newbie investors due to their low cost and high revenue potential.

Key Takeaways

  • You can benefit from investing in studio apartments for Airbnb due to their low cost, central location, and scalability.
  • Know the best cities to own studio apartments and their potential revenue if you list one on Airbnb.

Introduction

Do you have a dream of trying out the exciting world of real estate investment by owning a property? Don’t let your limited capital discourage you because you can start by owning a studio apartment! This article will guide you on how the perfect mix of versatility, affordability, and desirability will benefit real estate investors at any stage of their real estate journey.

Whether you’re a veteran investor considering to diversify your Airbnb rentals or a newbie looking for your first short-term rental property, we will show you how a studio apartment fits the bill. In this article, we will tackle the following:

• The benefits of investing in studio apartments
• The 10 best Airbnb cities for investing in studio apartments:

1. Los Angeles
2. Chicago
3. Seattle
4. Denver
5. Charlotte
6. Phoenix
7. Boston
8. Philadelphia
9. Hoboken
10. Jacksonville

Is It Good to Invest in a Studio Apartment? 

According to Airbtics, studio Airbnbs in 10 US cities have an average annual revenue potential of $35,084 from charging an average nightly rate of $110. Their average gross rental yield is 14.21%.

Why invest in studio apartments?

Choosing the best number of bedrooms for short-term rentals is important to ensure profit maximization in any given market. However, it is also a reality in short-term rentals that investing in a studio apartment is a cost-efficient and also profitable way to earn a steady passive income. Here’s why?

 1. Low Cost

Compared to larger properties, studio apartments have a lower purchase price. This gives a very affordable entry point to a lot of first-time Airbnb investors. And because of their small size, studio apartments require less cost compared to bigger properties like houses or multi-bedroom apartments. 

Maintenance expenses for utilities, repairs, and upkeep are significantly reduced because of lesser space and fewer amenities. These lower costs play a crucial role in boosting the overall profitability of your investment, allowing you to keep expenses in check while generating steady rental income.

2. Central Location

While studio apartments are small in size, being in prime locations is their best selling point. They are usually situated in the most vibrant and energetic parts of cities where there is a variety of leisure activities. 

Studio apartments are usually smacked in the middle of business centers and tourist attractions. These locations are usually well-connected to different transportation networks such as airports, roads, and public transportation.  Being centrally located offers a higher chance of visibility and accessibility, making it more appealing to potential guests.

3. Adaptability 

A studio apartment has its own charm, yet it’s flexible to different guest demographics. These small units can cater to various segments of guests, such as solo travelers, couples, young professionals, and even small families.

A key advantage of catering to a diverse range of guest segments is the potential to maintain consistently high occupancy rates throughout the year. During periods when one segment may be less active, there are still other guest segments eager to book the property. This diversified demand helps to stabilize occupancy rates and minimizes the impact of seasonal fluctuations or market trends that may affect a specific guest segment.

4. Scalability and Diversification

Investing in studio apartments for Airbnb can jump-start the journey to financial independence of budding real estate investors. Due to their lower purchase price, studios offer an excellent return on investment and yet demand less financial commitment from the get-go. 

After establishing a successful Airbnb studio apartment, gradually expanding your property portfolio could be your next step. You can consider buying more studio units for Airbnb. Even investing in bigger properties or those with more sophisticated amenities is well within your reach. By adopting this gradual expansion approach, you can naturally develop and expand your Airbnb rental business, leveraging your expertise, available resources, and the demand in the market.

investing in studio apartments

Best Airbnb Cities for Investing in Studio Apartments

The benefits of investing in studio apartments are indeed enticing. But if you’re wondering where to start buying a studio unit for Airbnb, this section will offer leads. Here is our ultimate guide on Airbnb market research to find the best locations to start an Airbnb

airbtics-logo-300x87
Location Number of Airbnb Listings Average Occupancy Rate Average Nightly Rate Average Revenue Potential Median Property Price (studio apartment) GRY
Los Angeles, CA 1,181 59% $88 $37,712 $554,500 6.8%
Chicago, IL 248 51% $109 $30,781 $199,000 15.47%
Seattle, WA 462 56% $105 $36,252 $349,950 10.36%
Denver, CO 245 52% $95 $34,946 $450,000 7.77%
Charlotte, NC 53 64% $102 $35,356 $185,000 19.11%
Phoenix, AZ 272 40% $87 $21,649 $168,750 12.83%
Boston, MA 254 57% $177 $54,314 $499,000 10.88%
Philadelphia, PA 350 44% $90 $21,192 $209,000 10.14%
Hoboken, NJ 6 59% $156 $49,805 $299,000 16.66%
Jacksonville, FL 179 52% $91 $28,834 $89,900 32.07%

Airbnb Location

Airbnb Dataset

  • Active Studio Airbnb Listings: 1,181
  • Average Occupancy Rate: 59%
  • Average Nightly Rate: $88
  • Average Revenue Potential: $37,712
  • Median Property Price (studio apartment): $554,500
  • Gross Rental Yield: 6.8%
  • Active Studio Airbnb Listings: 248
  • Average Occupancy Rate: 51%
  • Average Nightly Rate: $109
  • Average Revenue Potential: $30,781
  • Median Property Price (studio apartment): $199,000
  • Gross Rental Yield: 15.47%
  • Active Studio Airbnb Listings: 462
  • Average Occupancy Rate: 56%
  • Average Nightly Rate: $105
  • Average Revenue Potential: $36,252
  • Median Property Price (studio apartment): $349,950
  • Gross Rental Yield: 10.36%
  • Active Studio Airbnb Listings: 245
  • Average Occupancy Rate: 52%
  • Average Nightly Rate: $95
  • Average Revenue Potential: $34,946
  • Median Property Price (studio apartment): $450,000
  • Gross Rental Yield: 7.77%
  • Active Studio Airbnb Listings: 53
  • Average Occupancy Rate: 64%
  • Average Nightly Rate: $102
  • Average Revenue Potential: $35,356
  • Median Property Price (studio apartment): $185,000
  • Gross Rental Yield: 19.11%
  • Active Studio Airbnb Listings: 272
  • Average Occupancy Rate: 40%
  • Average Nightly Rate: $89
  • Average Revenue Potential: $21,649
  • Median Property Price (studio apartment): $168,750
  • Gross Rental Yield: 12.83%
  • Active Studio Airbnb Listings: 254
  • Average Occupancy Rate: 57%
  • Average Nightly Rate: $177
  • Average Revenue Potential: $54,314
  • Median Property Price (studio apartment): $499,000
  • Gross Rental Yield: 10.88%
  • Active Studio Airbnb Listings: 350
  • Average Occupancy Rate: 44%
  • Average Nightly Rate: $90
  • Average Revenue Potential: $21,192
  • Median Property Price (studio apartment): $209,000
  • Gross Rental Yield: 10.14%
  • Active Studio Airbnb Listings: 6
  • Average Occupancy Rate: 59%
  • Average Nightly Rate: $156
  • Average Revenue Potential: $49,805
  • Median Property Price (studio apartment): $299,000
  • Gross Rental Yield: 16.66%
  • Active Studio Airbnb Listings: 179 
  • Average Occupancy Rate: 52%
  • Average Nightly Rate: $91
  • Average Revenue Potential: $28,834
  • Median Property Price (studio apartment): $89,900
  • Gross Rental Yield: 32.07%

Small Property Size but Big Returns

In this article, we have learned that investing in Airbnb for beginners and pro can include a small rental unit. A studio apartment investment is a great starting point due to its lower cost, great demand, and promising investment return. Airbnb studio units are also an excellent addition to the property portfolio of veteran investors. All these are often overlooked until Airbnb investors see the figures using short-term rental analytics.

Do you have multiple rental properties in mind that you’re considering to buy? Check out each of their revenue potentials from the most powerful Airbnb Profit Calculator available online. 

Filter the Data According to Property Size & See the Profitability of
Studio Apartments in Your Next Airbnb Market!

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Find unsaturated neighborhoods with the highest occupancy history.

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Airbnb Investment All About Airbnb

Best Places to Invest in Airbnb in Puerto Vallarta this 2023

best places to invest in puerto vallarta

Key Takeaways

Puerto Vallarta is a popular tourist destination in Mexico that offers an attractive real estate market and a high standard of living. Thanks to this, many Airbnb hosts can earn a good passive income by owning Airbnb properties. 

Learn some of the benefits that real estate investors can enjoy when investing in the real estate market in Puerto Vallarta.

We reveal the most profitable areas in Puerto Vallarta along with their recommended property types and specific Airbnb data. 

Introduction

At the Bahía de las Banderas in the state of Jalisco, the dazzling resort city of Puerto Vallarta lies majestically flanked by the lush mountains of the Sierra Madre. This port city is a destination that allows visitors to breathe in the true Mexican spirit while enjoying its striking beaches and rich traditions.

Puerto Vallarta is a city that has been gaining more popularity over the years as a top tourist destination in the country. Hence, we can have already an idea of how profitable the rental market is in the city! Additionally, according to Airbnb, the city also stands out as a truly hospitable destination by welcoming LGBTQ+ guests from all corners of the world during the local Pride celebrations.

Wondering which places are the most profitable for short-term rentals in Puerto Vallarta, Mexico? – We got you!

In this article, we feature the best places to invest in Airbnb in Puerto Vallarta and some of the expectations when investing in the housing market in this location. Continue reading to discover more about his market!

Why should you consider buying an investment property in Puerto Vallarta?

Buying investment properties in Puerto Vallarta is an amazing way to build your path toward financial freedom because it offers a good return to investors. This city also has an impressive cultural heritage and a rich historical background. But aside from that, what are the advantages that Puerto Vallarta offers to real estate investors? 

Check out some of the reasons why buying real estate in Puerto Vallarta is a profitable idea:

  • The economy is booming 

Puerto Vallarta’s economy is growing at a steady rate. Its tourism sector and related industries contribute the most to the financial situation. In addition, the city is experiencing steady demographic growth in recent years since more people are looking to relocate here. Thanks to this, the real estate market keeps constantly growing and evolving, which secures an excellent return on investment for investors.

As one of the favorite vacation destinations in the country, the rental market also plays a significant role in the economic activity. Hence, if you’re thinking of investing in tourist accommodations, there’s no better place than Puerto Vallarta! 

  • great living conditions

It’s a given fact that living in Puerto Vallarta means that you can enjoy boundless fun while also benefiting from its good living conditions. The weather conditions in this destination are great, the infrastructure is modern, and let’s not forget to mention its gastronomy because there aren’t words to describe how exquisite it is! 

Puerto Vallarta is also known for its safe and friendly environment where you can have easy access to high-quality amenities, which makes this an excellent destination for groups, families, digital nomads, and even single travelers. Furthermore, the city owns a privileged location with good connections that open the doors to endless travel opportunities. 

  • Enjoy diverse leisure options!

There’s something in Puerto Vallarta that makes one wish to visit this destination or even live here! It may be related to its unique charm and its friendly atmosphere or perhaps its valuable culture, gastronomy, and traditions… Or it’s probably the fact that this city blends all these factors perfectly. Whatever the reason behind this, we can’t deny that Puerto Vallarta is such a dazzling destination.

Puerto Vallarta is a popular tourist destination in the country. It offers plenty of recreational activities, fascinating sites of interest, and modern facilities. It doesn’t matter whether you want to engage in exciting adventures in nature, try exquisite local dishes, or visit cultural landmarks because this city has something for everyone. In fact, we must say that Puerto Vallarta and the word “boring” don’t seem to go together.

Is Airbnb Profitable in Puerto Vallarta?

Are you targeting the Puerto Vallarta rental market but you still wonder if Airbnb real estate investments are worth it? Airbtics have something to say to you: rental properties in Puerto Vallarta can be highly profitable! Yet, factors like property type and location are essential metrics that investors like you should consider to get a good level of profitability.

Based on Airbtics’ data, an Airbnb host can expect an average annual revenue of $51,280 (876,740 MXN) and a median occupancy rate of 53% for operating a 3-bedroom apartment in Puerto Vallarta.

best places to invest in puerto vallarta

Top Places to Invest in Puerto Vallarta Housing Market

While there are plenty of Airbnb host expenses to consider before listing your property on Airbnb, the most important step that you should analyze is the location. 

There are a variety of areas inside and outside Puerto Vallarta that can help you to earn an attractive passive income, but let’s dig into the most recommended ones for starting an Airbnb business:

Top 5 areas to invest in Puerto Vallarta
1. Conchas Chinas
  • Total Number of Airbnb Listings: 280
  • Best bedroom size: 3 bedrooms
  • Median property price (3 bedrooms): $990,000 (16,926,148 MXN)
  • Airbnb Annual revenue: $105,079 (1,796,548 MXN)
  • Gross rental yield: 10,61%
2. Romantic Zone
  • Total Number of Airbnb Listings: 1,712
  • Best bedroom size: 3 bedrooms
  • Median property price (3 bedrooms): $925,000 (15,814,836 MXN)
  • Airbnb Annual revenue: $81,210 (1,388,457 MXN)
  • Gross rental yield: 8.78%
3. Marina Vallarta
  • Total Number of Airbnb Listings: 402
  • Best bedroom size: 3 bedrooms
  • Median property price (3 bedrooms): $469,000 (8,018,549 MXN)
  • Airbnb Annual revenue: $30,652 (524,061 MXN)
  • Gross rental yield: 6.54%
4. Hotel Zone
  • Total Number of Airbnb Listings: 603
  • Best bedroom size: 1 bedroom
  • Median property price (1 bedroom): $265,000 (4,530,737 MXN)
  • Airbnb Annual revenue: $23,295 (398,277 MXN)
  • Gross rental yield: 8.79%
5. Centro
  • Total Number of Airbnb Listings: 310
  • Best bedroom size: 2 bedrooms
  • Median property price (2 bedrooms): $263,202 ( MXN)
  • Airbnb Annual revenue: $20,770 (355,107 MXN)
  • Gross rental yield: 7.89%
Top 5 Cities to Invest near Puerto Vallarta
1. Nuevo Vallarta
  • Distance from Puerto Vallarta: 14 kilometers
  • Total Number of Airbnb Listings: 826
  • Best bedroom size: 1 bedroom
  • Median property price (1 bedroom): $218,224 (3,731,000 MXN)
  • Airbnb Annual revenue: $21,396 (365,810 MXN)
  • Gross rental yield: 9.80%
2. Bucerías
  • Distance from Puerto Vallarta: 20 kilometers
  • Total Number of Airbnb Listings: 596
  • Best bedroom size: 3 bedrooms
  • Median property price (3 bedrooms): $213,486 (3,650,000 MXN)
  • Airbnb Annual revenue: $24,956 (426,676 MXN)
  • Gross rental yield: 11.69%
3. La Cruz de Huanacaxtle
  • Distance from Puerto Vallarta: 26 kilometers
  • Total Number of Airbnb Listings: 278
  • Best bedroom size: 3 bedrooms
  • Median property price (3 bedrooms): $719,419 (12,300,000 MXN)
  • Airbnb Annual revenue: $38,064 (650,785 MXN)
  • Gross rental yield: 5.29%
4. Sayulita
  • Distance from Puerto Vallarta: 40 kilometers
  • Total Number of Airbnb Listings: 1,247
  • Best bedroom size: 3 bedrooms
  • Median property price (3 bedrooms): $630,000 (10,771,186 MXN)
  • Airbnb Annual revenue: $87,128 (1,489,638 MXN)
  • Gross rental yield: 13.83%
5. Punta de Mita
  • Distance from Puerto Vallarta: 41 kilometers
  • Total Number of Airbnb Listings: 223
  • Best bedroom size: 3 bedrooms
  • Median property price (3 bedrooms): $763,776 (13,058,377 MXN)
  • Airbnb Annual revenue: $70,344 (1,202,680 MXN)
  • Gross rental yield: 9.21%

Conclusion

Puerto Vallarta certainly is a location that one must consider targeting! It offers an attractive real estate market with a variety of housing options that can generate a nice income stream while allowing property investors to obtain a good return on investment.  

Knowing the best places to invest in Airbnb in Puerto Vallarta is the best way to start your investment journey! But before you enjoy the warm breeze at one of the beautiful beaches of Puerto Vallarta, you should check Airbtics’ Airbnb income estimator. This way you will not only stand out among your competitors but also maximize your gains by improving your strategies!

Explore more profitable places around Puerto Vallarta

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Airbnb Investment All About Airbnb

Best Places to Invest in Airbnb in Cancun: 2023 Edition

best places to invest in cancun 

 

Key Takeaways

As the top tourist destination in Mexico, Cancun offers one of the most attractive rental markets in the country. Thanks to this, many Airbnb hosts can generate a nice passive income by managing rental properties. 

Learn what kind of benefits real estate investors can enjoy when investing in Cancun real estate market.

Discover the most profitable areas around Cancun along with their recommended property types, average prices, and specific Airbnb data. 

Introduction

It’s a given fact that Quintana Roo is home to the most charming cities of the Yucatan Peninsula. Among its enchanting areas, we can find Cancun, a vibrant city that offers a distinct cultural and natural appeal. 

From a quiet fishing city to a vibrant area that became a top tourist destination in Mexico, Cancun had a remarkable transformation. Now, this city enjoys a unique worldwide reputation, welcoming millions of tourists every year! In fact, Cancun was the second most visited destination in the world in 2021.

Considering these, it’s understandable that Cancun became a strategic market for real estate investors looking to secure a good source of income. However, there’s an important factor that should be considered before taking the next step in your investment – where are the most profitable areas for investment properties in Cancun? 

In this article, we’ll feature the best places to Airbnb in Cancun, including the recommended nearby cities. We’ll also mention some of the expectations when investing in real estate in this city. Continue reading to learn more about this article!

Why should you consider investing in Cancun real estate market?

It certainly is a smart move to own investment properties in Cancun since its different neighborhoods can help investors like you build their path toward financial freedom. Cancun is home to striking landscapes, a vibrant social scene, and plenty of cultural sites. But aside from that, what are the advantages that Cancun offers to real estate investors? 

Check out some of the reasons why buying an investment property in Cancun is a profitable idea:

  • Growing economy

Cancun has become a strategic location to invest in as the top tourist destination in Mexico, in fact, tourism is the main driver of the city’s economy. The fishing sector and commerce industries also play a significant role in the financial performance of Cancun. Thanks to this, Cancun has been enjoying a flourishing economy where investors can find plenty of attractive opportunities. On top of that, the city is experiencing rapid growth since more people are looking to relocate here.

Real estate is also a sector on the rise that contributes to Cancun’s economy. The city offers a consolidated real estate market with high demand, which secures the return on investment. Hence, investing in the rental market of Cancun can end up to be rewarding financial experiences to investors.

  • Enjoy the great living conditions

The vibrant city of Cancun opens the doors to plenty of experiences where residents can enjoy pleasant weather conditions and several leisure activities. You can also have easy access to high-quality amenities, good educational opportunities, and a reliable healthcare system. 

On top of that, the local government spares no expenses to improve connecting infrastructure which contributes to the overall good quality of life for its residents. And if that’s not enough, the cost of living in Cancun is also quite affordable!

  • Plenty of things to do

If you’re an adventure seeker who wants a destination where beauty meets culture, then you will be pleased to visit Cancun! The city offers a wide range of leisure options., So, whether you’re looking to engage in outdoor activities surrounded by nature or visit renowned cultural sites, Cancun will surely have something prepared for you. 

Cancun is the perfect destination to practice water sports such as diving and snorkeling! You can also just enjoy a drink while taking a stroll on Cancun’s sand beaches with turquoise waters. On the other hand, if you’re interested in culture, you can’t miss out on visiting the Mayan Museum or one of the archeological sites located nearby the city.

Is Airbnb Profitable in Cancun?

Wondering if real estate investments in Cancun can help you to secure a nice income stream? Don’t worry too much because the answer is yes! In fact, Cancun ranks 2nd in the top places to invest in Airbnb in Mexico according to our previous blog.

Yet, it should be noted that the level of profitability depends on other factors such as your listing’s location and number of bedrooms. Choosing the best type of property type for your Airbnb is just as important.

According to Airbtics’ data, an Airbnb host can expect an average annual revenue of $16,678 (286,977 MXN) and a median occupancy rate of 52% for operating a 1-bedroom property in Cancun.

best places to invest in cancun

Best Places to Invest in Rental Properties in Cancun, Mexico

Cancun is the most populous city in the state of Quintana Roo and is divided into several areas with interesting investment opportunities. However, we must note that each area of Cancun can generate different levels of profitability. For this reason, it can be quite a challenge to choose the best place to set up your rental property in Cancun.

Check out the best places to invest in real estate around Cancun recommended for starting an Airbnb business:

5 Best Zones to Invest in Cancun 
1. Hotel Zone
  • Total Number of Airbnb Listings: 1,152
  • Best bedroom size: 2 bedrooms
  • Median property price (2 bedrooms): $355,000 (6,082,570 MXN)
  • Airbnb Annual revenue: $33,136 (567,752 MXN)
  • Gross rental yield: 9.33%
2. Cancún Centro
  • Total Number of Airbnb Listings: 1,201
  • Best bedroom size: 3 bedrooms
  • Median property price (3 bedrooms): $182,164 (3,121,200 MXN)
  • Airbnb Annual revenue: $12,865 (220,420 MXN)
  • Gross rental yield: 7.06%
3. East Zone
  • Total Number of Airbnb Listings: 508
  • Best bedroom size: 1 bedroom
  • Median property price (1 bedroom): $184,896 (3,168,000 MXN)
  • Airbnb Annual revenue: $9,944 (170,381 MXN)
  • Gross rental yield: 5.38%
4. South Zone
  • Total Number of Airbnb Listings: 980
  • Best bedroom size: 2 bedrooms
  • Median property price (2 bedrooms): $128,425 (2,200,434 MXN)
  • Airbnb Annual revenue: $8,136 (139,402 MXN)
  • Gross rental yield: 6.34%
5. Alfredo V. Bonfil
  • Total Number of Airbnb Listings: 186
  • Best bedroom size: 1 bedroom
  • Median property price (1 bedroom): $120,000 (2,056,080 MXN)
  • Airbnb Annual revenue: $6,526 (111,816 MXN)
  • Gross rental yield: 5.44%
Top 3 Cities to Invest near Cancun 
1. Playa del Carmen
  • Distance from Cancun: 68 kilometers
  • Total Number of Airbnb Listings: 8,248
  • Best bedroom size: 4 bedrooms
  • Median property price (4 bedrooms): $360,000 (6,168,240 MXN)
  • Airbnb Annual revenue: $61,146 (1,047,676 MXN)
  • Gross rental yield: 17%
2. Tulum
  • Distance from Cancun: 131 kilometers
  • Total Number of Airbnb Listings: 2,697
  • Best bedroom size: 3 bedrooms
  • Median property price (3 bedrooms): $276,643 (4,740,000 MXN)
  • Airbnb Annual revenue: $41,074 (703,762 MXN)
  • Gross rental yield: 14.85%
3. San Miguel de Cozumel
  • Distance from Cancun: 100 kilometers
  • Total Number of Airbnb Listings: 976
  • Best bedroom size: 3 bedrooms
  • Median property price (3 bedrooms): $345,000 (5,911,230 MXN)
  • Airbnb Annual revenue: $34,829 (596,760 MXN)
  • Gross rental yield: 10.1%

Summary

Based on the data, we can conclude that Cancun’s real estate market offers plenty of profitable locations with housing options of varied prices that can allow investors to obtain a good return on investment by listing their property on Airbnb. However, it’s also visible that cities located nearby Cancun offer an even greater financial experience to Airbnb hosts. 

After finding out the best places to invest in Airbnb in Cancun, go ahead and check Airbtics’  Airbnb calculator. We know that Cancun beaches offer the best waves, that’s why you should stand out and ride the best one in this investment journey. Maximize your profitability by improving your strategies using the top analytics tools now!

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Best Places to Invest in Airbnb in Galicia: Top Rental Markets 2023

best places to Airbnb in galicia

Key Takeaways

The solid tourist market, great quality of life, and lucrative rental markets of Galicia have helped hosts to obtain a good passive income through Airbnb. 

Get to know the advantages real estate investors can enjoy when buying a property investment in one of the cities of Galicia Community.

Find out the top 8 most profitable cities in Galicia along with their recommended property types and Airbnb data. 

Introduction

Embraced by the waters of the Atlantic Ocean and the Cantabrian Sea, the Autonomous Community of Galicia sits in a majestic location. With an overall flaring natural beauty, this region is home to fascinating cities and towns that own a rich cultural legacy. In fact, this is a paradise filled with charm and mysticism with an intrinsic value.

Galicia is a trendy destination that offers plenty of investment opportunities to real estate investors who are looking for profitable rental markets. As the region enjoys important economic growth and a steady demand for properties, real estate investors can expect a high potential for strong returns on investments!

In this article, we’ll reveal the best places to invest in Airbnb in Galicia, and some of the expectations when investing in real estate in this community. Continue reading to learn more about this market!

Top Reasons to Invest in Galicia, Spain

Doing an Airbnb real estate investment in Galicia is an ingenious way of generating a good rental income that can potentially lead to achieving the desired financial freedom. But what advantages can Galicia’s cities offer to real estate investors? 

Check out some of the reasons why investing in vacation rentals in Galicia, Spain is an excellent idea:

  • Growing economy

Galicia has been enjoying positive economic growth in recent years with high GDP per capita. The sectors that contribute the most to the community’s economy are the textile and automotive industries. However, sectors related to the services such as commerce, tourism, and transportation also play an important role in Galicia’s financial performance. 

  • Enjoy a good quality of life

Galicia Community is widely known for offering the best living conditions to its residents and visitors. The cities located in this community offer a laid-back lifestyle where you can enhance your well-being and enjoy your life to the fullest. Residing in one of the Galician cities means that you can have easy access to optimal public services such as transportation, healthcare, and education. 

Another advantage of living in the Galicia community is its low cost of living and affordable real estate market. The average property price varies depending on the province, but they’re still fairly affordable. For instance, the median value is €1,453/m2 for houses located in Ourense, €1,882/m2 in Santiago de Compostela and €2,101/m2 in Vigo. 

  • Plenty of things to do

It’s a given fact that Galicia’s scenic beauty stirs up emotions and can even leave you speechless. With plenty of unusual sceneries blended with charming localities filled with history, culture and traditions, it’s almost impossible not to end up captivated by this community.

Galicia allows visitors to freely explore its surroundings while getting the best experiences when discovering all its fascinating corners. Do you want to engage in exciting outdoor activities? That’s great because in Galicia you can become one with nature! You can climb up mountains, navigate rivers while enjoying striking views, take a stroll on stunning beaches, or discover woods of singular beauty.

  • A great market for Airbnb listings

Galicia opens the doors to countless investment opportunities that can provide beneficial rewards to those targeting its markets. Whether you’re thinking about buying a house to live in or a holiday property to let, Galicia certainly will have something prepared to fit your specific needs.

As a matter of fact, Galicia’s cities stand out as trendy Airbnb destinations in a variety of categories. For instance, the cities of Vigo, Sanxexo and Viveiro rank well among the popular summer destinations in Spain. Coastal cities and towns of the Galicia Community are also quite famous for their surf tourism offerings according to Airbnb.

Additionally, Airbnb pointed out that listings located near the Galician vineyards offer an even greater financial experience to Airbnb hosts! Hence, investors like you can expect a good return on investment by owning an Airbnb property in this very specific community.

Is Airbnb Profitable in Galicia?

Don’t worry – Airbtics assures you that investing in real estate in Galicia Community is profitable. That being said, the level of profitability that a listing can generate highly depends on the property type and location. For this reason, knowing what type of property is best for Airbnb is a factor that must be considered!

An Airbnb host can expect an average annual revenue of €21,575 and a median occupancy rate of 63% for operating a 2-bedroom property in the capital city of Galicia, Santiago de Compostela, as confirmed by Airbtics’ data. 

best places to Airbnb in galicia

Best Cities to Invest in Galicia Real Estate

Galicia is home to 4 unique provinces, each of which is subdivided into a variety of charming cities and towns that offer different levels of profitability and benefits. Thus, it can be a challenge to choose the best place to buy a property to rent in Galicia.

Check out the best cities in Galicia that are recommended for investment properties:

1. Santiago de Compostela
  • Total Number of Airbnb Listings: 435
  • Best bedroom size: 3 bedrooms
  • Median property price (3 bedrooms): €200,000
  • Airbnb Annual revenue: €29,200
  • Gross rental yield: 14.6%
2. Pontevedra
  • Total Number of Airbnb Listings: 194
  • Best bedroom size: 3 bedrooms
  • Median property price (3 bedrooms): €170,000
  • Airbnb Annual revenue: €21,073
  • Gross rental yield: 12.40%
3. A Coruña
  • Total Number of Airbnb Listings: 438
  • Best bedroom size: 3 bedrooms
  • Median property price (3 bedrooms): €210,000
  • Airbnb Annual revenue: €20,443
  • Gross rental yield: 9.73%
4. Vigo
  • Total Number of Airbnb Listings: 557
  • Best bedroom size: 3 bedrooms
  • Median property price (3 bedrooms): €195,000
  • Airbnb Annual revenue: €18,503
  • Gross rental yield: 9.49%
5. Ferrol
  • Total Number of Airbnb Listings: 117
  • Best bedroom size: 2 bedrooms
  • Median property price (2 bedrooms): €81,000
  • Airbnb Annual revenue: €17,979
  • Gross rental yield: 22.20%
6. Concello de Foz
  • Total Number of Airbnb Listings: 186
  • Best bedroom size: 3 bedrooms
  • Median property price (3 bedrooms): €99,000
  • Airbnb Annual revenue: €17,026
  • Gross rental yield: 17.20%
7. Ourense
  • Total Number of Airbnb Listings: 145
  • Best bedroom size: 2 bedrooms
  • Median property price (2 bedrooms): €123,000
  • Airbnb Annual revenue: €14,991
  • Gross rental yield: 12.19%
8. Lugo
  • Total Number of Airbnb Listings: 121
  • Best bedroom size: 3 bedrooms
  • Median property price (3 bedrooms): €120,000
  • Airbnb Annual revenue: €11,529
  • Gross rental yield: 9.61%

Conclusion

Galicia’s rental markets can help investors to obtain a good return on investment by owning a property and listing it on Airbnb in the cities mentioned above. While there are plenty of cities in Galicia with attractive profitability and occupancy rates, we encourage you to analyze your options carefully so you won’t miss out on better opportunities. Thus, we recommend you make use of the best analytics tools available on the market, such as Airbtics!

Now that you know about the best places to invest in Airbnb in Galicia, you should continue your research in order to make the most out of your property! Check out our short-term rental estimator and boost your gains while making data-based decisions now!

Explore more profitable places around Galicia

best places to Airbnb in galicia
Categories
Airbnb Investment All About Airbnb

Best Places to Airbnb in Mallorca: Top Cities for Investment Properties

best places to Airbnb in Mallorca

Key Takeaways

With a stable economy, a bustling tourist market, and great living conditions, Mallorca has helped hosts to earn a nice rental income by owning Airbnb listings. 

Get to know the list of benefits real estate investors can enjoy when buying a property investment around Mallorca.

To help you boost your gains, we unveil the most profitable locations in Mallorca. We also mention their recommended property types and Airbnb data. 

Introduction

Looking for a small piece of paradise that will trigger your adventurous side? Then you will love Mallorca, an island nestled in the Mediterranean Sea that offers unique experiences that knows no bounds.

How could one not fall for the charm of this exotic island? The region blends its natural surroundings with its fascinating historical and cultural heritage perfectly. In fact, Mallorca is a destination full of cultural opportunities and scenic beauty you won’t want to miss. 

If you plan to invest in Mallorca’s rental market, you should consider some crucial metrics. For instance, researching profitable locations is an important step that investors should not skip – and we are here to show you the way.

In this article, we mention the best places to Airbnb in Mallorca and some of the benefits that investment properties can bring to investors who target this island. Continue reading to learn more about this market!

Why should you consider buying an investment property in Mallorca, Spain?

Starting an Airbnb business in Spain, specifically in Mallorca, is an effective way of creating a passive income that can ultimately lead you to the desired financial freedom. But what advantages can Mallorca offer to property investors? 

Check out some of the reasons why investing in a rental property in Mallorca is an excellent idea:

  • Top market in Balearic Islands for Airbnb investment properties

There are a variety of factors that contribute to the level of profitability of a specific rental market. Thus, knowing whether a location has been successful or not with rental properties is important. For this reason, it’s important to make use of the best analytics tools to formulate effective strategies.

We have great news for you: Mallorca is indeed a profitable rental market that offers promising rewards to hosts. According to our previous blog, Mallorca tops the list of the best places to invest in Airbnb in the Balearic Islands! Its strong tourist market is mainly behind this. In fact, the island welcomed around 16M visitors just in 2022. We can clearly see why this region has become a catch to investors wanting to respond to its high tourist demand.

  • Stable economy

Mallorca enjoys a thriving economy where the tourism sector is the main source of revenue for the island. In fact, the island is the most popular tourist destination in the Balearic Islands. On top of that, Mallorca is also a business hub since there are a great number of foreign corporations located on the island.

There are also plenty of sectors that are growing in Mallorca. Some of the industries that are booming and contributing to the island economy are the construction, technology, agricultural, and artisan sectors.

  • A great place to live

Mallorca is the most popular destination in the Balearic Islands, offering a great living quality with easy access to a wide range of services and leisure activities. Thanks to its warm temperatures, stunning natural surroundings, good connections, and stable economy, a great number of people have opted to relocate to the island to live and work. 

Mallorca offers a wide range of educational opportunities, a reliable healthcare system, and a dynamic real estate market. Moreover, the island provides a safe and clean environment, so exploring this paradise is healthy for both your mind and body.

  • An island full of unique experiences

Mallorca is the perfect destination for those looking to embrace the very essence of adventure amidst exotic landscapes with dramatic sunsets views. We can even say that this island is a synonym for beauty since it’s home to a variety of striking ecosystems. 

From sandy beaches with crystalline turquoise waters to towns with a cultural and historical legacy of intrinsic value, Mallorca is awaiting you with open arms to exhibit all its charming traits.

In addition, Mallorca also encompasses a wide range of leisure options like music festivals and cultural events throughout the year. Thus, you can expect to spend 365 days with vibrant entertainment activities! 

Is Airbnb Profitable in Mallorca?

It’s already a given fact that investing in vacation rentals in Mallorca can become a stable source of income for Airbnb hosts. That being said, Airbtics also wants to let you know that the profitability that a listing can generate depends on factors like the property type and location. So choosing the best number of bedrooms for your Airbnb is essential!

Aiming to buy a property to let in Mallorca? Then you will like to know that an Airbnb host can expect an average annual revenue of €32,710 and a median occupancy rate of 60% for operating a 3-bedroom property in Mallorca as confirmed by Airbtics’ data. 

best places to Airbnb in Mallorca

Best Places in Mallorca to Buy Rental Properties

Mallorca is the largest island in the Balearic archipelago, and it has around 62 municipalities, each of them with its own personality and subtle charm. Consequently, the profitability in each area differs from one another. For this reason, it can take a lot of time to research the best location to buy an investment property in Mallorca.

Check out the best places around Mallorca that are recommended for rental properties:

1. Palma de Mallorca
  • Total Number of Airbnb Listings: 1,118
  • Best bedroom size: 3 bedrooms
  • Median property price (3 bedrooms): €378,000
  • Airbnb Annual revenue: €51,505
  • Gross rental yield: 13.63%
2. Soller
  • Total Number of Airbnb Listings: 434
  • Best bedroom size: 3 bedrooms
  • Median property price (3 bedrooms): €525,000
  • Airbnb Annual revenue: €49,972
  • Gross rental yield: 9.52%
3. Andratx
  • Total Number of Airbnb Listings: 186
  • Best bedroom size: 3 bedrooms
  • Median property price (3 bedrooms): €495,000
  • Airbnb Annual revenue: €44,818
  • Gross rental yield: 9.05%
4. Pollença
  • Total Number of Airbnb Listings: 823
  • Best bedroom size: 4 bedrooms
  • Median property price (4 bedrooms): €535,000
  • Airbnb Annual revenue: €40,184
  • Gross rental yield: 7.51%
5. Port d’Alcúdia
  • Total Number of Airbnb Listings: 750
  • Best bedroom size: 3 bedrooms
  • Median property price (3 bedrooms): €375,000
  • Airbnb Annual revenue: €32,510
  • Gross rental yield: 8.67%
6. Sa Pobla
  • Total Number of Airbnb Listings: 191
  • Best bedroom size: 3 bedrooms
  • Median property price (3 bedrooms): €260,000
  • Airbnb Annual revenue: €32,116
  • Gross rental yield: 12.35%
7. Arta
  • Total Number of Airbnb Listings: 329
  • Best bedroom size: 3 bedrooms
  • Median property price (3 bedrooms): €420,000
  • Airbnb Annual revenue: €32,020
  • Gross rental yield: 7.62%
8. Binissalem
  • Total Number of Airbnb Listings: 283
  • Best bedroom size: 3 bedrooms
  • Median property price (3 bedrooms): €375,000
  • Airbnb Annual revenue: €31,976
  • Gross rental yield: 8.53%
9. Santanyí
  • Total Number of Airbnb Listings: 689
  • Best bedroom size: 2 bedrooms
  • Median property price (2 bedrooms): €313,000
  • Airbnb Annual revenue: €29,805
  • Gross rental yield: 9.52%
10. Manacor
  • Total Number of Airbnb Listings: 546
  • Best bedroom size: 2 bedrooms
  • Median property price (2 bedrooms): €400,000
  • Airbnb Annual revenue: €24,222
  • Gross rental yield: 11.66%

Takeaway

Taking into account the benefits that the rental markets of Mallorca offer, we can conclude that this island can help investors to obtain a good cash-on-cash return. There are plenty of profitable places that can be targeted to buy a property to rent in Mallorca, albeit it’s always important to analyze all options carefully. By doing this, you won’t miss out on its promising investment opportunities!

Knowing the best places to Airbnb in Mallorca is just the beginning of your journey! If you’re willing to engage yourself in the most profitable voyage, you should absolutely give it a go and make use of our short-term rental estimator. Be fearless and stand out among your competitors by making data-based decisions to boost your gains now!

Explore The Most Profitable Airbnb Locations in Mallorca

 
Categories
Airbnb Investment All About Airbnb

Best Places to Invest in Airbnb in Fuerteventura in 2023

best places to Airbnb in Fuerteventura

Key Takeaways

With a strong tourist market, good living conditions, and low cost of living, rental properties in Fuerteventura offer the possibility of generating a nice passive income. 

Learn about the reasons why Fuerteventura can be considered a profitable investment market for property investors.

Find out the top rental markets in  Fuerteventura – we also feature their recommended property type and Airbnb data. 

Introduction

If we make a list of destinations that can be considered a little piece of paradise, then we can’t avoid mentioning the Canary Islands. The Canaries is home to exotic islands composed of dramatic natural habitats and a fascinating historical legacy. Among the islands, we can find Fuerteventura,  a declared biosphere reserve by UNESCO. 

Fuerteventura can be described as a land with a dazzling allure, capable of making anyone fall in love with its surroundings. The island is home to a variety of places of interest that feature something for everyone!

Did Fuerteventura rental market by any chance catch your attention? It’s understandable considering the island offers a good level of profitability, but first things first: some important factors should be taken into account! Thus, researching the most lucrative towns to invest in Fuerteventura is an essential step. And we are here to contribute our grain of sand!

In this article, you’ll find the best places to Airbnb in Fuerteventura as well as their respective Airbnb dataset. We also feature some of the top reasons why you should consider investing in a rental property on this island. Did we catch your attention? Then continue reading to learn more!

Reasons to Invest in Fuerteventura real estate

Owning investment properties in Spain, particularly around Fuerteventura, not only offers promising experiences to hosts but also a nice source of income. Yet, you must be wanting to know what kind of advantages can Fuerteventura’s towns offer to real estate investors.

Check out some of the reasons why buying a property to rent out in Fuerteventura can turn into a profitable business:

  • Amazing living conditions

If you want to experience a laidback lifestyle amidst alluring natural landscapes and pleasant weather conditions, then Fuerteventura is indeed an island made for you! With efficient infrastructure and a good transport system, it’s quite easy to travel across the island and even visit other destinations.

Fuerteventura is a fascinating place where you can explore almost every corner of the island freely while breathing tranquility and feeling at ease thanks to its low crime rates. Additionally, the island offers a stable labor market, especially in the tourism sector. 

  • Low cost of living

In addition to providing a good quality of life to its residents, Fuerteventura also offers a low cost of living! Prices for daily expenses, leisure activities, and even real estate are quite affordable. As a matter of fact, a house or an apartment in Fuerteventura is fairly cheaper compared to other real estate markets in the Canary Islands.

Considering that you will have the advantage of doing a low upfront investment, investing in Fuerteventura can be deemed as a great opportunity, especially if you have a tight budget. For instance, the average housing price in Caleta de Fueste is €116K and €195K for properties in Corralejo. Hence, you can easily find a cheap property in Fuerteventura!

Bonus: The Canary Islands offers one of the lowest tax rates in Europe, with only 7% of the added value of the product. 

  • Discover this majestic island!

It’s a given fact that Fuerteventura is a small piece of paradise in the Atlantic Ocean that provides plenty of lively adventures to visitors. Its municipalities are home to diverse treasures of natural beauty, from striking coves and beaches to charming towns with a fascinating cultural heritage.

Fuerteventura is an island with an important historic and cultural legacy, which can be discovered through a variety of meaningful monuments and interesting museums. 

On the other hand, the island is also widely known as a land of volcanoes with beaches and arid environments that encompass a broad range of breathtaking landscapes. In fact, Fuerteventura is the perfect destination for outdoor lovers who want to engage in unique experiences such as going sightseeing or practicing windsurfing.

  • One of the best places for Airbnb listings in the Canary Islands 

Fuerteventura not only offers exciting adventures but also promises investors an attractive investment journey by helping them to secure a nice passive income. According to our previous blog, Fuerteventura holds the 2nd spot for Airbnb property investments in the Canary Islands with an average occupancy rate of 78%! 

Is Airbnb Profitable in Fuerteventura?

You may be wondering whether it is a good idea to invest in a property in Fuerteventura with the purpose of renting it, right? Then you will like to know that investment properties in Fuerteventura can certainly help you to achieve financial freedom. Yet, you should know that the profitability that a listing can generate also depends on certain factors such as the property type and location.

Based on  Airbtics’ analytics tool, an Airbnb host can expect an average annual revenue of €31,940 and a median occupancy rate of 67% for operating a 3-bedroom property in Fuerteventura. 

best places to Airbnb in Fuerteventura

Best Towns in Fuerteventura for Real Estate Investment

While there is a variety of Airbnb host expenses that should be considered, the most crucial part is to choose the right location to set your listing as well as the best property size.

Moreover, it must be noted that Fuerteventura comprises 6 municipalities that are further subdivided into a variety of unique towns and localities. Thus, looking for the appropriate location to buy a property in Fuerteventura can become a challenge – but we want to lend you a hand!

Check out the best areas in Fuerteventura that are recommended for investment properties:

1. La Oliva Town
  • Total Number of Airbnb Listings: 151
  • Best bedroom size: 3 bedrooms
  • Median property price (3 bedrooms): €350,000
  • Airbnb Annual revenue: €42,205
  • Gross rental yield: 12.06%
2. Caleta de Fuste
  • Total Number of Airbnb Listings: 376
  • Best bedroom size: 3 bedrooms
  • Median property price (3 bedrooms): €225,000
  • Airbnb Annual revenue: €36,771
  • Gross rental yield: 16.34%
3. Corralejo
  • Total Number of Airbnb Listings: 1,047
  • Best bedroom size: 3 bedrooms
  • Median property price (3 bedrooms): €269,000
  • Airbnb Annual revenue: €34,509
  • Gross rental yield: 12.83%
4. Lajares
  • Total Number of Airbnb Listings: 396
  • Best bedroom size: 2 bedrooms
  • Median property price (2 bedrooms): €175,000
  • Airbnb Annual revenue: €25,936
  • Gross rental yield: 14.82%
5. El Cotillo
  • Total Number of Airbnb Listings: 278
  • Best bedroom size: 2 bedrooms
  • Median property price (2 bedrooms): €237,000
  • Airbnb Annual revenue: €25,521
  • Gross rental yield: 10.77%
6. Costa Calma
  • Total Number of Airbnb Listings: 335
  • Best bedroom size: 2 bedrooms
  • Median property price (2 bedrooms): €172,000
  • Airbnb Annual revenue: €25,391
  • Gross rental yield: 14,76%
7. Morro Jable
  • Total Number of Airbnb Listings: 152
  • Best bedroom size: 2 bedrooms
  • Median property price (2 bedrooms): €200,000
  • Airbnb Annual revenue: €25,358
  • Gross rental yield: 12.68%
8. Puerto del Rosario
  • Total Number of Airbnb Listings: 131
  • Best bedroom size: 3 bedrooms
  • Median property price (3 bedrooms): €126,000
  • Airbnb Annual revenue: €21,882
  • Gross rental yield: 17.36%

Conclusion

Buying investment properties in Fuerteventura to list them on platforms like Airbnb is certainly an ingenious way to create a good rental income. With plenty of charming and lively towns with attractive rental markets that offer promising benefits to real estate investors.

However, we recommend analyzing all options carefully to not miss out on better opportunities. For this reason, you should give it a try and use the best analytics tool available in the market so that you can embark on a rewarding journey.

Getting to know the best places to Airbnb in Fuerteventura is just the first rung on this ladder. Aim your expectations higher to experience the most exciting investment voyage while making the best data-based strategies by using Airbtics’ Airbnb estimator!

Explore The Most Profitable Airbnb Locations in Fuerteventura

 
Categories
Airbnb Investment All About Airbnb

Best Places to Invest in Airbnb in Lanzarote: Where to Invest in 2023

best places to Airbnb in Lanzarote

Key Takeaways

With a stable tourist market, good quality of life, and low cost of living, rental properties in Lanzarote have helped hosts to generate a nice income stream. 

Step into a profitable path after learning the reasons why Lanzarote can be considered a great investment market to target.

Discover the top rental markets in Lanzarote – we also unveil their recommended property size and Airbnb dataset. 

Introduction

It’s a given fact that the Canary Islands are an exotic paradise with breathtaking natural habitats, diverse wildlife, as well a fascinating historical legacy. Among its charming islands, we can find Lanzarote, a gem that stands out with its dramatic landscapes, lovely towns, and high-quality services that guarantee a perfect life.

Lanzarote certainly is a dreamy paradise that draws the attention of travelers easily. And this is further confirmed by Airbnb, since this island is a trendy destination for stays, especially if you want to book historical homes! 

Do you happen to be interested in the rental market of Lanzarote? First, you should consider a few important factors! For example, it’s essential to research the most lucrative towns to buy short-term rentals in Lanzarote. And we are here to assist you!

In this article, we’ll list the best places to Airbnb in Lanzarote and their respective Airbnb dataset. You will also learn some of the advantages of investing in a rental property on this island. Continue reading to learn more!

Top reasons to buy an investment property in Lanzarote

Starting an Airbnb business in Spain, particularly in one of the towns of Lanzarote, is a clever way of creating a passive income that can lead you to financial freedom. But what advantages can Lanzarote’s localities offer to real estate investors? 

Check out some of the reasons why buying a rental property in Lanzarote can turn into a profitable business:

  • Low cost of living

Lanzarote not only offers good quality of life but also a low cost of living in which expenses, rent, and leisure activities are fairly affordable. Thus, you can enjoy high-quality amenities and have access to reliable services during your stay on the island without putting a dent in your budget.

The housing market of Lanzarote is also relatively cheap compared to the other islands in the Canary region. This means that you will have the advantage of doing a low upfront investment. 

For instance, the average housing price in Arrecife is €164K and €183K for properties in Costa Teguise. Thus, you can easily find a cheap property in Lanzarote!

Bonus: Canary Islands offers one of the lowest tax rates in Europe, with only 7% of the added value of the product. 

  • Enjoy great living conditions

Lanzarote allows you to experience a peaceful lifestyle where you will get to live in warm communities amidst awe-inspiring natural landscapes. Thanks to its good weather conditions that make the island seem like a paradise of eternal spring, it’s easier to enjoy its wide array of recreational activities. 

In addition, Lanzarote offers sophisticated infrastructure and good connections. The island is quite safe, so you can easily take a stroll around its beautiful towns or enjoy its exquisite cuisine with a glass of wine while admiring stunning sunsets.

  • Best place for Airbnb investments in the Canary Islands 

Lanzarote offers promising investment opportunities that can help Airbnb hosts to secure a good source of passive income. As a matter of fact, Lanzarote is the top spot for Airbnb property investments in the Canary Islands

Additionally, Airbnb mentioned that the listings near the Canary Islands vineyards offer a fulfilling financial experience to Airbnb hosts. Moreover, Lanzarote also holds 1st place in the accommodation category. Its most profitable markets are located in the municipalities of Haría, San Bartolomé, and Teguise.

  • Get ready for exciting experiences!

Did you know that Lanzarote in its entirety was declared a Biosphere Reserve by UNESCO? With just a piece of information, you can paint a picture of the island’s beauty and we can even agree that this destination embodied the sublime. 

Lanzarote is a special island that blends its nature, history, art, and culture majestically. It offers an interesting catalog of leisure options that visitors can enjoy any time of the year thanks to its permanent springtime feel. 

The island has approximately 200km of coastline that comprises picturesque beaches and magnificent coves. On top of that, Lanzarote is home to a variety of tourist resorts and small but charming towns surrounded by wine-growing areas, enigmatic volcanic landscapes, mountains, and more.

Is Airbnb Profitable in Lanzarote?

Wondering if it is a good idea to buy a property to let in Lanzarote? Airbtics has great news for you: Investment properties in Lanzarote can help you generate a nice income stream. That said, the profitability that a listing can create also depends on specific factors like the property size and location.

Based on  Airbtics’ analytics tool, an Airbnb host can expect an average annual revenue of €34,052 and a median occupancy rate of 67% for operating a 3-bedroom property in Lanzarote. 

best places to Airbnb in Lanzarote

Best Towns to Buy Investment Property in Lanzarote

Lanzarote is the third most populous island in the Canary Islands. It has 7 municipalities, each of them being further subdivided into a variety of charming localities. Consequently, you can expect the profitability in each area to be different. For this reason, choosing the right location to buy an investment property in Lanzarote can be quite a challenge – but we’re to help!

Check out the best areas in Lanzarote that are recommended for rental properties:

1. Montaña Roja
  • Total Number of Airbnb Listings: 153
  • Best bedroom size: 3 bedrooms
  • Median property price (3 bedrooms): €315,000
  • Airbnb Annual revenue: €43,693
  • Gross rental yield: 13.87%
2. Puerto del Carmen
  • Total Number of Airbnb Listings: 816
  • Best bedroom size: 3 bedrooms
  • Median property price (3 bedrooms): €350,000
  • Airbnb Annual revenue: €41,669
  • Gross rental yield: 11.91%
3. Playa Blanca
  • Total Number of Airbnb Listings: 781
  • Best bedroom size: 3 bedrooms
  • Median property price (3 bedrooms): €305,000
  • Airbnb Annual revenue: €38,678
  • Gross rental yield: 12.68%
4. Puerto Calero
  • Total Number of Airbnb Listings: 113
  • Best bedroom size: 3 bedrooms
  • Median property price (3 bedrooms): €290,000
  • Airbnb Annual revenue: €30,899
  • Gross rental yield: 10.65%
5. Costa Teguise
  • Total Number of Airbnb Listings: 444
  • Best bedroom size: 2 bedrooms
  • Median property price (2 bedrooms): €180,000
  • Airbnb Annual revenue: €29,164
  • Gross rental yield: 16.20%
6. Punta Mujeres
  • Total Number of Airbnb Listings: 109
  • Best bedroom size: 3 bedrooms
  • Median property price (3 bedrooms): €190,000
  • Airbnb Annual revenue: €23,915
  • Gross rental yield: 12.59%
7. San Bartolomé
  • Total Number of Airbnb Listings: 256
  • Best bedroom size: 1 bedroom
  • Median property price (1 bedroom): €180,000
  • Airbnb Annual revenue: €21,634
  • Gross rental yield: 12.02%
8. Arrecife
  • Total Number of Airbnb Listings: 265
  • Best bedroom size: 3 bedrooms
  • Median property price (3 bedrooms): €160,000
  • Airbnb Annual revenue: €17,829
  • Gross rental yield: 11.14%

Conclusion

Investing in properties in Lanzarote with the purpose of letting them is indeed an effective and ingenious way to generate a good passive income. The island is composed of lovely towns with balanced rental markets that offer rewarding benefits and experiences to investors.

It’s still important to analyze all options carefully to not miss out on better opportunities, which is why we encourage you to use the best analytics tool available in the market. This way, you can rest assured that you will go through a rewarding experience.

While discovering the best places to Airbnb in Lanzarote is a great way to start, you should still aim higher! Take the helm in this journey and ensure long-term profitability by using Airbtics’ Airbnb calculator. Enjoy fruitful days whilst maximizing your gains now! 

Explore The Most Profitable Airbnb Locations in Lanzarote

 
Categories
Airbnb Investment All About Airbnb

Best Places to Invest in Airbnb in Tenerife: Most Profitable Cities in 2023

best places to Airbnb in Tenerife

Key Takeaways

Tenerife’s stable economy, solid tourist market, and high standard of living have helped hosts earn a good passive income by owning Airbnb listings. 

Learn the reasons why Tenerife can be seen as a profitable rental market for property investors targeting this location.

The top 10 most profitable areas in Tenerife are revealed! And be in the know of their recommended property size and Airbnb data. 

Introduction

The Canary Islands is home to exotic destinations that will make people think they’re in paradise. Among its paradisiacal islands, Tenerife stands out with its world-class sceneries, charming cities, nice weather, and a wide array of services that assure only the best living conditions.

According to Airbnb, Tenerife stands out for its welcoming atmosphere that makes visitors feel at home. This island’s cities, particularly Santa Cruz, are considered the most hospitable in Spain as well as a destination that any digital nomad would absolutely love. 

If you’re considering targeting the rental market of Tenerife, you should consider essential factors. For instance, learning about the most profitable locations to buy an investment property is a must. And we want to lend you a hand on this case!

In this article, we’ll unveil the best places to invest in Airbnb in Tenerife, and some of the expectations when investing in holiday homes on this island. Continue reading to learn more about this market!

Why invest in Real Estate in Tenerife, Spain?

Buying an investment property in Spain, specifically in the cities of Tenerife, is a smart way of securing a source of income that can help you achieve financial freedom. But what advantages can Tenerife’s cities offer to real estate investors? 

Check out some of the reasons why investing in a rental property in Tenerife is an excellent idea:

  • Growing economy

Tenerife financial situation enjoys steady growth, thanks to its flexible business system and its competitive and economic transparency. The island is home to major corporations and over 200 foreign companies, which greatly impact the local economy. 

While the strongest industry in Tenerife is tourism due to its high demand, the island is slowly diversifying its economic sectors. For instance, sectors related to energy, light industries, and digital companies have been gaining ground in recent years.

  • Enjoy great living conditions

Living in or visiting Tenerife allows you to experience a laidback lifestyle amidst spectacular sceneries and friendly locals. The island is a vibrant yet relaxing place to live and work – thanks to its pleasant weather conditions, amount of leisure options, low crime rates, as well as delicious cuisine. That’s why is one of the favorite destinations for digital nomads!

Additionally, the living cost and housing market of Tenerife are relatively affordable compared to other cities in Spain and even the rest of Europe. While it’s fairly cheaper to live on this Island, you still get to have easy access to high-quality services & amenities. Tenerife real estate market offers a wide range of prices, with the average property price of €214k

Bonus: Canary Islands offers one of the lowest tax rates in Europe, with only 7% of the added value of the product. 

  • Exciting experiences await you!

Looking for unparalleled island vacation experiences? Then Tenerife is the best destination for you. Also known as the island of the thousand experiences, there’s no lack of leisure options that visitors can enjoy every day. Thus, you must visit Tenerife with the inclination to have lots of fun. 

With year-round mild temperatures, you can easily dip into its pristine beaches, or walk through the trails of its stunning lush forests. Moreover, discovering striking landscapes composed of volcanoes, cliffs, and slopes has never been easier!

Additionally, Tenerife is home to charming municipalities with fascinating festivities and traditions as well as important historical centers, museums, restaurants, and green spaces.

Is Airbnb Profitable in Tenerife?

Wondering if buying a holiday home in Tenerife is a good business idea? Take it easy! Airbtics assures you that investment properties in Tenerife can help you generate a nice income stream. That said, the profitability that a listing can create also depends on specific factors like the property size and location.

Tenerife offers a stable rental market where Airbnb hosts can secure a nice passive income. According to our previous blog, Tenerife holds the 3rd spot of the best places to invest in Airbnb in the Canary Islands!

For instance, an Airbnb host can expect an average annual revenue of €33,645 and a median occupancy rate of 65% for operating a 3-bedroom property in Tenerife as confirmed by Airbtics’ data. 

best places to Airbnb in Tenerife

Top Locations in Tenerife to Buy Investment Property 

Tenerife is the most populous island in the Canary Islands, which is divided into 31 vibrant municipalities. Consequently, you can expect the profitability in each area to be different, so it can be a challenge to choose the right location to buy a property to let in Tenerife.

Check out the best areas in Tenerife that are recommended for rental properties:

1. Costa Adeje
  • Total Number of Airbnb Listings: 1,387
  • Best bedroom size: 3 bedrooms
  • Median property price (3 bedrooms): €474,000
  • Airbnb Annual revenue: €54,634
  • Gross rental yield: 11.50%
2. Playa de las Américas
  • Total Number of Airbnb Listings: 565
  • Best bedroom size: 2 bedrooms
  • Median property price (2 bedrooms): €300,000
  • Airbnb Annual revenue: €38,737
  • Gross rental yield: 12.91%
3. El Médano
  • Total Number of Airbnb Listings: 483
  • Best bedroom size: 3 bedrooms
  • Median property price (3 bedrooms): €295,000
  • Airbnb Annual revenue: €35,304
  • Gross rental yield: 11.97%
4. La Laguna
  • Total Number of Airbnb Listings: 117
  • Best bedroom size: 2 bedrooms
  • Median property price (2 bedrooms): €209,000
  • Airbnb Annual revenue: €25,962
  • Gross rental yield: 12.42%
5. Puerto de la Cruz
  • Total Number of Airbnb Listings: 686
  • Best bedroom size: 2 bedrooms
  • Median property price (2 bedrooms): €230,000
  • Airbnb Annual revenue: €25,111
  • Gross rental yield: 10.92%
6. Los Cristianos
  • Total Number of Airbnb Listings: 1,019
  • Best bedroom size: 2 bedrooms
  • Median property price (2 bedrooms): €295,000
  • Airbnb Annual revenue: €25,087
  • Gross rental yield: 8.50%
7. El Rosario
  • Total Number of Airbnb Listings: 152
  • Best bedroom size: 2 bedrooms
  • Median property price (2 bedrooms): €210,000
  • Airbnb Annual revenue: €24,068
  • Gross rental yield: 11.46%
8. Santa Cruz de Tenerife
  • Total Number of Airbnb Listings: 658
  • Best bedroom size: 2 bedrooms
  • Median property price (2 bedrooms): €192,500
  • Airbnb Annual revenue: €23,265
  • Gross rental yield: 12.09%
9. Los Realejos
  • Total Number of Airbnb Listings: 201
  • Best bedroom size: 2 bedrooms
  • Median property price (2 bedrooms): €125,000
  • Airbnb Annual revenue: €21,809
  • Gross rental yield: 17.45%
10. Puerto de Santiago
  • Total Number of Airbnb Listings: 349
  • Best bedroom size: 2 bedrooms
  • Median property price (2 bedrooms): €255,000
  • Airbnb Annual revenue: €20,238
  • Gross rental yield: 7.94%

Summary

Buying a property to let in Tenerife can bring rewarding benefits and experiences to investors if we consider the advantages that its rental market offers. Thus, we can conclude that this island can help investors to obtain a good return on investment. 

Yet, it’s always important to analyze all options carefully so that you don’t miss out on better opportunities. This is why we encourage you to use the best analytics tool available in the market so that you can go through a financially rewarding experience.

After finding out the best places to Airbnb in Tenerife, it’s time to take the next step and consider long-term profitability! Weigh the anchor, set sails and pursue a promising investment journey by using Airbtics’ Airbnb calculator. Choose to stand out while maximizing your gains now! 

Explore The Most Profitable Airbnb Locations in Tenerife

 
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Best Places to Airbnb in Las Palmas: Top Location for Investment Properties

best places to Airbnb in Las Palmas

Key Takeaways

Las Palmas’ bustling tourist market, strong economy, and great living conditions allow hosts to earn a good passive income by owning vacation rentals. 

Discover the benefits real estate investors can enjoy when buying a property investment in Las Palmas de Gran Canaria.

We’ll feature the top 10 most profitable neighborhoods and nearby cities in Las Palmas as well as their recommended property types and Airbnb data. 

Introduction

Canary Islands is a destination like no other. Among its most popular cities, we can find Las Palmas, a place of undeniable beauty. With enchanting landscapes, large sand beaches, and an impressive historical legacy, Las Palmas is a land of unparalleled adventures and experiences.

If you’re evaluating the option of investing in Las Palmas’ rental market, you should consider essential factors. For example, learning about the Airbnb Rules in Las Palmas will allow you to manage a listing without any legal problems. Another one is choosing the right location, and we are here to help you in this matter.

In this article, we’ll reveal the best places to Airbnb in Las Palmas de Gran Canaria, and some of the expectations when investing in real estate in this city. Eager to learn more? Continue reading!

Why invest in Las Palmas de Gran Canaria real estate?

Starting an Airbnb business in Spain, specifically in Las Palmas, is an amazing way of earning a passive income since it is one of the best places to buy an investment property. But what advantages can Las Palmas offer to real estate investors? 

Check out some of the reasons why investing in a rental property in Las Palmas is an excellent idea:

  • Booming economy

Las Palmas enjoys a healthy financial situation and a friendly-business environment with an optimal infrastructure of services and communications. In fact, the city is one of the major contributors to Gran Canaria’s PIB.

Las Palmas owns a diversified economy, and its strongest sector is tourism with its high demand. Aside from the solid tourist market, other important contributors to the city’s economic situation are commerce, clean technologies, and science, particularly in astronomy.

  • A great place to live

Las Palmas is a popular destination that offers great quality of life, not only to its residents but also to its visitors during their stay. The city is an excellent place to live and work as it has mild temperatures, striking natural surroundings, and a variety of leisure activities. 

Additionally, the capital of Gran Canary offers a competitive living cost as well as easy access to high-quality services & amenities. Thanks to its comprehensive service offering, the city ensures the well-being of its residents all year round.

Bonus: Tax rates in the Canary Islands are quite lower compared to other European cities, with only 7% of the added value of the product. 

  • Unmatched experiences and adventures

Las Palmas offers plenty of leisure and entertainment options, so it’s almost impossible for visitors who like to have fun not to enjoy their stay in this city.

This charming city owns exceptional culture, history, and traditions with plenty of monuments of different historical epochs. So visitors can indulge themselves in unmatched experiences while strolling through Las Palmas’ cobbled streets.

With golden beaches and fascinating historical and cultural heritage, there’s definitely something exciting awaiting you in Las Palmas. Add to this the year-round pleasant temperatures, which open the doors to unique adventures every day.

Is Airbnb Profitable in Las Palmas?

Be at ease because Airbtics assures you that investing in vacation rentals in Las Palmas can help you to create a nice income stream. Yet, it should be noted that the profitability that a listing can generate also depends on factors like the property type and location.

Moreover, Las Palmas is not only a popular Spanish destination for digital nomads. It is also the most profitable city in Gran Canaria according to our previous blog! No wonder real estate investors are looking to target this market.

An Airbnb host can expect an average annual revenue of €21,524 and a median occupancy rate of 65% for operating a 2-bedroom property in Las Palmas as confirmed by Airbtics’ data. 

best places to Airbnb in Las Palmas

Best Places in Las Palmas, Spain to Buy Property 

Las Palmas is the most populous city in Gran Canary Islands, and it has around 70 picturesque neighborhoods. Hence, the profitability in each area is consequently different, so it can be a challenge to choose the right location to buy an investment property in Las Palmas.

Check out the best areas around Las Palmas that are recommended for rental properties:

Best Neighborhoods to Invest in Las Palmas
1. Vegueta-Triana
  • Total Number of Airbnb Listings: 114
  • Best bedroom size: 2 bedrooms
  • Median property price (2 bedrooms): €249,000
  • Airbnb Annual revenue: €26,235
  • Gross rental yield: 10.54%
2. Guanarteme
  • Total Number of Airbnb Listings: 269
  • Best bedroom size: 2 bedrooms
  • Median property price (2 bedrooms): €260,000
  • Airbnb Annual revenue: €23,265
  • Gross rental yield: 8.95%
3. La Isleta
  • Total Number of Airbnb Listings: 169
  • Best bedroom size: 2 bedrooms
  • Median property price (2 bedrooms): €245,000
  • Airbnb Annual revenue: €22,606
  • Gross rental yield: 9.23%
4. Santa Catalina
  • Total Number of Airbnb Listings: 748
  • Best bedroom size: 2 bedrooms
  • Median property price (2 bedrooms): €280,000
  • Airbnb Annual revenue: €22,226
  • Gross rental yield: 7.94%
5. Centro
  • Total Number of Airbnb Listings: 166
  • Best bedroom size: 2 bedrooms
  • Median property price (2 bedrooms): €264,000
  • Airbnb Annual revenue: €20,062
  • Gross rental yield: 7.60%
Best Nearby Municipalities to Invest in Las Palmas
1. Telde
  • Distance from Las Palmas: 19 kilometers
  • Total Number of Airbnb Listings: 262
  • Best bedroom size: 3 bedrooms
  • Median property price (3 bedrooms): €141,000
  • Airbnb Annual revenue: €27,365
  • Gross rental yield: 19.41%
2. Gáldar
  • Distance from Las Palmas: 27 kilometers
  • Total Number of Airbnb Listings: 110
  • Best bedroom size: 3 bedrooms
  • Median property price (3 bedrooms): €170,000
  • Airbnb Annual revenue: €23,201
  • Gross rental yield: 13.65%
3. Agaete
  • Distance from Las Palmas: 33 kilometers
  • Total Number of Airbnb Listings: 141
  • Best bedroom size: 3 bedrooms
  • Median property price (3 bedrooms): €180,995
  • Airbnb Annual revenue: €27,276
  • Gross rental yield: 15.07%
4. Maspalomas
  • Distance from Las Palmas: 55 kilometers
  • Total Number of Airbnb Listings: 444
  • Best bedroom size: 2 bedrooms
  • Median property price (2 bedrooms): €280,000
  • Airbnb Annual revenue: €24,222
  • Gross rental yield: 8.65%
5. Mogán
  • Distance from Las Palmas: 82 kilometers
  • Total Number of Airbnb Listings: 957
  • Best bedroom size: 3 bedrooms
  • Median property price (3 bedrooms): €317,000
  • Airbnb Annual revenue: €39,219
  • Gross rental yield: 12.37%

Takeaway

Considering the advantages that the rental market of Las Palmas offers, we can conclude that this city can certainly allow investors to obtain a good return on investment. There are plenty of neighborhoods and nearby cities in Las Palmas with promising opportunities, albeit it’s always important to analyze all options carefully.

Now that you have a deeper understanding of the best places to Airbnb in Las Palmas, you should think about long-term profitability! Ride your best wave in this investment journey by using Airbtics’ short-term rental calculator. Don’t be afraid of standing out among your competitors and use the best Airbnb analytics tool!

Explore The Most Profitable Airbnb Locations in Las Palmas de Gran Canaria

 
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Best Places to Invest in Airbnb in Granada: Profitable rental markets in 2023

best places to Airbnb in Granada

Key Takeaways

The low cost of living, affordable real estate market, and good living conditions of Granada have helped many hosts to earn a nice passive income through Airbnb. 

Learn the advantages that investors can enjoy when investing in short-term rentals in Granada.

Discover the top areas in Granada for investment properties along with their median housing values and respective Airbnb data. 

Introduction

Located at the foot of the Sierra Nevada mountains and at the confluence of four rivers, Granada lies majestically with an outstanding beauty capable of taking your breath away. The city itself is an important tourist destination as it’s home to remarkable monuments and historical sites. Its close proximity to the Sierra Nevada Ski Station is definitely another reason that makes Granada a gem.

Additionally, Granada possesses an interesting real estate market and offers a great quality of life and a friendly environment. No wonder this city is one of the best places to invest in the Andalusia Community

 And if you wonder, “which are the best neighborhoods or nearby cities for Airbnb around Granada?” – we got you!

In this article, we’ll feature the best places to invest in Airbnb in Granada and some of the expectations for investment properties in this city. Continue reading to learn more.

Advantages of buying a rental property in Granada

Buying an investment property in Spain, particularly in Granada, can become a great source of income. But you may be wondering what benefits does this location offer to property investors? 

Check out some of the major reasons why investing in vacation rentals in Granada is a great idea: 

  • Great quality of life

Granada does not only offer stunning surroundings but also a good quality of life. With a friendly atmosphere, affordable cost of living, and delicious gastronomy you can expect to enjoy a superb life!

Granada provides its residents with high-quality amenities, modern infrastructure, a reliable healthcare system, and plenty of educational opportunities. The city also provides a vast network of transportation options.

  • Affordable living cost

As mentioned above, one positive advantage that Granada offers is its affordable cost of living. Expenses, as well as rent and housing prices, are fairly affordable in Granada compared to other major Spanish cities.

According to Fotocasa portal, the average property price is €194K and the median rent value is €849. And the best part is that you still get to enjoy a high standard of living!

  • Plenty of things to do

While Granada’s overall environment is quite peaceful, it also possesses a wide array of enjoyable leisure options. Across the city, you can find a variety of museums, cultural centers, restaurants, exotic tea houses, and much more. The city also hosts a variety of events and festivals throughout the year! 

Granada owns a heritage of great artistic and historical value as it’s home to renowned sites such as the Alhambra, Nasrid Palaces, and Generalife Gardens. If you visit San Nicolás, you can appreciate the unforgettable cityscape against the backdrop of the Sierra Nevada mountains. 

There are also recreational activities in the Sierra Nevada for outdoor enthusiasts. The mountains are great for snow sports like hiking, skiing and sledding. 

Is Airbnb Profitable in Granada?

Concerned that your investment property in Granada won’t provide fruitful results? Be at ease! Airbtics confirms that investing in real estate in Granada can help you generate a nice rental income. Yet, investors should note that the level of profitability depends on other factors such as the property size and location.

In addition, it’s important to learn about the Airbnb rules in Granada for legal compliance and smooth operation of your listing. 

Based on Airbtics’ data, an Airbnb host can expect an average annual revenue of €25,943 and a median occupancy rate of 63% for operating a 3-bedroom property in Granada.

best places to Airbnb in Granada

Top Areas in Granada to Invest in Real Estate

Before starting a rental business, there is a variety of Airbnb host expenses that should be considered, albeit it’s equally important to choose the right property location to boost your gains.

Granada has 8 designated districts, which are subdivided into 28 neighborhoods, each with its distinctive characteristics and charms. Considering there is a variety of areas in the city, their profitability differs from one location to another. Thus, choosing the adequate market to buy your investment property in Granada can turn into a difficult challenge.

Check out the best neighborhoods and nearby cities in Granada that are highly recommended for starting an Airbnb business:

5 Best Areas to Invest in Granada
1. Centro
  • Total Number of Airbnb Listings: 601
  • Best bedroom size: 3 bedrooms
  • Median property price (3 bedrooms): €265,000
  • Airbnb Annual revenue: €30,012
  • Gross rental yield: 11.33%
2. Albaicín
  • Total Number of Airbnb Listings: 528
  • Best bedroom size: 3 bedrooms
  • Median property price (3 bedrooms): €250,000
  • Airbnb Annual revenue: €29,619
  • Gross rental yield: 11.85%
3. Figares
  • Total Number of Airbnb Listings: 161
  • Best bedroom size: 3 bedrooms
  • Median property price (3 bedrooms): €278,000
  • Airbnb Annual revenue: €27,235
  • Gross rental yield: 9.8%
4. San Ildefonso
  • Total Number of Airbnb Listings: 70
  • Best bedroom size: 3 bedrooms
  • Median property price (3 bedrooms): €249,000
  • Airbnb Annual revenue: €26,103
  • Gross rental yield: 10.48%
5. Realejo
  • Total Number of Airbnb Listings: 446
  • Best bedroom size: 2 bedrooms
  • Median property price (2 bedrooms): €79,000
  • Airbnb Annual revenue: €20,145
  • Gross rental yield: 28.02%
5 Best Cities to Invest in Near Granada
1. Nerja
  • Distance from Granada: 97 kilometers
  • Total Number of Airbnb Listings: 1,400
  • Best bedroom size: 3 bedrooms
  • Median property price (3 bedrooms): €310,000
  • Airbnb Annual revenue: €22,088
  • Gross rental yield: 7.13%
2. Málaga
  • Distance from Granada: 132 kilometers
  • Total Number of Airbnb Listings: 4,169
  • Best bedroom size: 2 bedrooms
  • Median property price (2 bedrooms): €250,000
  • Airbnb Annual revenue: €32,886
  • Gross rental yield: 12.9%
3. Almería
  • Distance from Granada: 168 kilometers
  • Total Number of Airbnb Listings: 365
  • Best bedroom size: 2 bedrooms
  • Median property price (2 bedrooms): €150,000
  • Airbnb Annual revenue: €11,543
  • Gross rental yield: 7.7%
4. Córdoba
  • Distance from Granada: 204 kilometers
  • Total Number of Airbnb Listings: 1,077
  • Best bedroom size: 3 bedrooms
  • Median property price (3 bedrooms): €105,000
  • Airbnb Annual revenue: €25,753
  • Gross rental yield: 24.53%
5. Sevilla
  • Distance from Granada: 253 kilometers
  • Total Number of Airbnb Listings: 4,426
  • Best bedroom size: 2 bedrooms
  • Median property price (2 bedrooms): €190,000
  • Airbnb Annual revenue: €33,248
  • Gross rental yield: 17.50%

Takeaway

In summary, Granada has a variety of promising areas that offer good investment returns for real estate investors. But even if there are diverse locations around Granada with attractive rental yields and annual revenue, it’s still crucial to consider your options thoroughly without rushing things.

After discovering the best places to Airbnb in Granada, take the next step and check Airbtics’ Airbnb profit estimator. Set sail on a lifetime investment journey thinking about long-term profitability. With the help of our top-notch analytics tool, you can greatly maximize your profitability now!

Explore The Most Profitable Airbnb Locations in Granada

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