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Ultimate Guide to Start Airbnb in Mexico. Rules, Startup Cost, Profitability and Statistics.

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Quick Airbnb Statistics and Facts


All statistics below is collected and processed from Airbtics, unless specified otherwise. The observation period is between 2023 October to 2024 September.



  • There are 289,687 active listings in Mexico.
  • The city with the most number of Airbnb Listings in Mexico is Mexico City with 23,022.
  • The average occupancy rate of an Airbnb listing in Mexico is 50%.
  • A typical listing charges MXN1,115 per night excluding service charge and cleaning fees.
  • The average income of Airbnb host is MXN206,091 per listing per year.
  • Startup cost: It costs around MXN30,244 to start an Airbnb listing. The major costs are to furnish bedrooms and living room.


How to start an Airbnb in Mexico?



Short-term rental rules & regulations in Mexico


For regulations, refer to Responsible Airbnb Hosting in Mexico.



How much does it cost to start an Airbnb in Mexico?


Bedroom 1


In order for you to furnish a room like below, it'll cost you around MXN30,244 per bedroom.


bedroom
Mattress and bedframe Bedroom MXN4,290
Wardrobe Bedroom MXN3,432
Desk Bedroom MXN858
Desk chair Bedroom MXN429
Lighting Bedroom MXN858
Decorative Bedroom MXN858
Curtains Bedroom MXN429
Total Bedroom MXN11,154


Living room


For living room, it'll cost you around MXN42,556 and this'll include dining table set for 4 people.


livingroom
Sofa Living room MXN4,290
Dining table and chairs Living room MXN2,574
Coffee table Living room MXN429
Coffee machine Living room MXN858
Microwave Living room MXN858
Laundry Living room MXN4,290
Total Living room MXN13,299


Other costs


For living room, it'll cost you around MXN30,244 and this'll include dining table set for 4 people.


Finally, you need to budget for various supplies like towels. You may also need smart lock for self-checkin. This'll add another MXN5,791.

Towels Other MXN858
Pillows Other MXN858
Blankets Other MXN858
Smart lock Other MXN1,287
Security camera Other MXN858
Labour cost Other MXN1,072
Total Other MXN5,791


Total startup cost for 1, 2 and 3 bedrooms


Number of Bedrooms Total Furnishing Cost
1 Bd Startup Cost MXN30,244
2 Bd Startup Cost MXN42,556
3 Bd Startup Cost MXN53,710


Is it profitable to start an Airbnb in Mexico?


The average host in the UK earns MXN206,091 per year. Here are the 3 cities with the most number of Airbnb listings. See the full list of 19 cities here.


Mexico city


  • Market Score: 19
  • Revenue: MXN227,970
  • Average Daily Rate: MXN995
  • Occupancy Rate: 66%
  • Regulations: Lenient


Cancun


  • Market Score: 18
  • Revenue: MXN261,140
  • Average Daily Rate: MXN1,235
  • Occupancy Rate: 59%
  • Regulations: Lenient


Playa del carmen


  • Market Score: 17
  • Revenue: MXN263,131
  • Average Daily Rate: MXN1,235
  • Occupancy Rate: 60%
  • Regulations: Lenient




Useful resources


Here are some of the useful resources for you to get started.


Complete list of on-going host expenses: https://airbtics.com/complete-list-of-airbnb-host-expenses/