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Airbnb Investment All About Airbnb

Best Places to Invest in Airbnb in Sheffield

Discover the best places to invest in Airbnb in Sheffield and enjoy a rewarding investment experience. Learn more about this market here!

best places to Airbnb in Sheffield

Discover the best places to invest in Airbnb in Sheffield and enjoy a rewarding investment experience. Learn more about this market here!

Key Takeaways

  • Sheffield can be an attractive city for investors since it offers a real estate market that fills the needs of investors while providing a good return on investment.
  • Find out the top rental markets in Sheffield and nearby cities along with their recommended property types, average Airbnb revenue, GRY and more reliable data provided by Airbtics.

Introduction

The historical city of Sheffield is situated in South Yorkshire, at the eastern foothills of the Pennines and the valleys of the River Don which provides views of striking green landscapes. This destination offers unique experiences to everyone who ventures into its vibrant streets as it’s filled with sites of interest.

Nowadays, Sheffield is an important educational, technology and cultural center with a steady housing demand, which helps to provide a more favorable return on investment. On top of that, Sheffield is among Airbnb’s top trending travel spots for 2023 domestic travel in the UK. 

But before making a crucial decision, it’s important to set clear goals to guarantee your investment success, especially if you are considering investing in the Sheffield rental market.

In this article, with the help of Airbtics Dashboard, we gathered the best places to invest in Airbnb in Sheffield. We also mention some of the main reasons why you should consider buying to let in this city. Stoked to learn more? Then continue reading!

Why should you consider investing in short-term lets in Sheffield?

Buying investment properties in Sheffield is truly a great way to generate a nice rental income. Yet, researching the market carefully is crucial when thinking about investing in Airbnb. Hence, it’s always good to know what kind of advantages the rental market of your target city can offer to real estate investors.

If you want to target Manchester’s real estate market, then make sure to check out some of the reasons why investment properties in this city can help you build your path toward financial freedom:

  • Stable economy

Sheffield owns a diversified and prosperous economy with a strong job market and steady demographic growth. The key industries are those related to advanced manufacturing, creative industries, education, healthcare, tourism and the financial sectors.

Furthermore, considering that Sheffield is a university city, there’s a huge student population that opens the doors to strong demand for rental properties. Thus, if you’re considering doing a student accommodation investment, then Sheffield is a target that you should keep in mind.

  • Great quality of life

Imagine living in a city filled with lively streets, stunning green areas and fascinating cultural attractions. Sheffield offers you the possibility of enjoying all of these aspects and much more! The city has modern infrastructure with a reliable transport system, great educational institutions, and plenty of commercial and residential spaces. Moreover, Sheffield has excellent connectivity at both domestic and international levels.

This city is also considered one of the most affordable cities to live in the UK. The property prices vary greatly depending on the area, but overall, the median value is £243,247.

  • No shortage of leisure options

Sheffield is highly known for its thriving artistic and cultural scene. The city is home to a variety of art galleries, theaters, exhibition halls and museums. Moreover, it also hosts exciting festivals, events and concerts that attract a large visitor influx throughout the year.

If you’re an outdoor enthusiast, you will also love Sheffield as there’s no lack of green areas. The Peak District National Parl is also located near the city, allowing locals and visitors alike to enjoy stunning views and outdoor activities like climbing, hiking and biking.

Is the Sheffield rental market profitable for Airbnb?

Operating a successful Airbnb listing that can provide a favorable return on investment is not an unreachable dream anymore! Airbtics confirms that short-term lets in Sheffield can help you earn a nice income stream. In fact, this city is one of the top profitable Airbnb cities in the UK!

According to Airbtics’s data, Airbnb hosts can earn an average annual revenue of £33,617 with a median occupancy rate of 48% for operating a 1-bedroom apartment in Sheffield.

best places to Airbnb in Sheffield

Aside from the amount of profit that a listing can create, it’s also essential to learn about the Airbnb regulations in Sheffield. This way you will be able to operate your listing without breaching the rules. But, if you’re still uncertain about purchasing a property for rent, you can also test the waters by doing rental arbitrage in Sheffield, which is a legal practice in the city.

best places to Airbnb in Sheffield

Source: Airbtics Dashboard

Best Buy to Let Locations in Sheffield 

It’s normal to feel overwhelmed when trying to choose the right location to set up an Airbnb business in Sheffield as the level of profitability differs in each area. Maybe just thinking about how time-consuming this task is can give you a headache. But we have good news for investors like you because finding out where to invest is now easier if you make use of trustworthy analytics tools like Airbtics. 

Of course, you don’t have to take just our word for it – But take a look at our customer Simon who was led to a new Airbnb market that was more profitable than his original one!

Check out the best locations in Sheffield to invest in property and are recommended for starting an Airbnb business:

airbtics-logo-300x87
Best Area Number of Airbnb Listings Best Bedroom Size Median Property Price Airbnb Annual Revenue GRY
Whirlow 22 1 bedroom £140,000 (1 BD) £17,846 12.75%
Netherthorpe 41 1 bedroom £140,000 (1 BD) £17,002 14.78%
Sheffield City Centre 77 1 bedroom £87,000 (1 BD) £14,643 16.83%

Best Area

Airbnb Dataset

1. Whirlow

 

  • Total Number of Airbnb Listings: 22
  • Best bedroom size: 1 bedroom
  • Median property price (1 bedroom): £140,000
  • Airbnb Annual revenue: £17,846
  • Gross rental yield: 12.75%
  • Total Number of Airbnb Listings: 41
  • Best bedroom size: 1 bedroom
  • Median property price (1 bedroom): 115,000
  • Airbnb Annual revenue: £17,002
  • Gross rental yield: 14.78%
  • Total Number of Airbnb Listings: 77
  • Best bedroom size: 1 bedroom
  • Median property price (1 bedroom): £87,000
  • Airbnb Annual revenue: £14,643
  • Gross rental yield: 16.83%
3 Best Places Outside Sheffield to Invest in Airbnb
airbtics-logo-300x87
City Number of Airbnb Listings Best Bedroom Size Median Property Price Airbnb Annual Revenue GRY
Manchester (52km away) 768 2 bedrooms £200,000 (2 BD) £19,831 9.91%
Nottingham (60km away) 348 1 bedroom £100,000 (1 BD) £18,537 18.54%
Leicester (86km away) 177 2 bedrooms £125,000 (2 BD) £27,700 22.16%

City

Airbnb Dataset

1. Manchester 

 

  • Distance from Sheffield: 52 kilometers 
  • Total Number of Airbnb Listings: 768
  • Best bedroom size: 2 bedrooms
  • Median property price (2 bedrooms): £200,000
  • Airbnb Annual revenue: £19,831
  • Gross rental yield: 9.91%
  • Distance from Sheffield: 60 kilometers 
  • Total Number of Airbnb Listings: 348
  • Best bedroom size: 1 bedroom
  • Median property price (1 bedroom): £100,000
  • Airbnb Annual revenue: £18,537
  • Gross rental yield: 18.54%

3. Leicester

 

  • Distance from Sheffield: 86 kilometers 
  • Total Number of Airbnb Listings: 177
  • Best bedroom size: 2 bedrooms
  • Median property price (2 bedrooms): £125,000
  • Airbnb Annual revenue: £27,700
  • Gross rental yield: 22.16%

Source: Airbtics Dashboard

How to Find Profitable Locations to Invest in?

Finding profitable Airbnb markets can be quite the challenge and we know that the investor’s time is valuable. And precisely because we know how precious is, we encourage you to take advantage of the many available resources for property investors to speed things up in this journey.

Hence, if you want to find the most profitable area to operate your Airbnb effortlessly, then we recommend you make use of the best analytics tools, especially those which can provide you with dynamic data. Previously, it was fairly difficult to find apps that offer this type of dataset, but sites like Airbtics have taken a quantum leap forward and solved this problem to provide this resourceful service to investors! 

Explore a city and get reliable dynamic data that can make things easier for you. And to know whether a market will provide you with a rewarding experience, you will need to collect important information such as the average revenue, occupancy rates, nightly rates, and seasonality, among others. Fortunately, Airbtics Dashboard can help you with this tiresome task.

best places to buy to let glasgow

Now, you will have a better view of your target market. But what if you want to dive deeper and obtain more specific data points? Then, you’d play around with the filters and find the best results. You can use filters to find out what type of property offers the most attractive profit in your preferred area. And the best part of using dynamic data is that when you move and zoom 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! 

Make data-based decisions using reliable analytics tools

Sheffield’s real estate market offers a variety of property types with a wide range of price options depending on the area. The same can be said for the nearby cities as they also provide attractive investment opportunities. Hence, it’s visible that investing in short-term lets in Sheffield or surrounding areas can help investors and Airbnb hosts to obtain a good return on their investment, especially if they invest in a 1-bedroom or 2-bedroom property.

But before making an important investment decision, we encourage you to continue exploring other best locations for buy to let in the UK and review all options so that you won’t miss out on better opportunities. This is why you’d consider analyzing markets using dynamic data with Airbtics. 

Knowing the best places to invest in Airbnb in Sheffield is a great way to start your investment journey, but you should aim higher! Make smart investment decisions and improve your Airbnb strategies by using reliable tools such as our STR’s income estimator. Take advantage of the digital era with Airbtics and boost your gains now!

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

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Airbnb Investment All About Airbnb

Best Places to Invest in Airbnb in Manchester this 2023

Owning a STR in the best places to invest in Airbnb in Manchester can help you to secure a nice income stream. Learn more in this article!

best places to invest in manchester

Owning a STR in the best places to invest in Airbnb in Manchester can help you to secure a nice income stream. Learn more in this article!

Key Takeaways

  • Manchester can be an attractive city for investors since it offers profitable opportunities that can secure a good cash-on-cash return.
  • Discover the top rental markets in Manchester along with their recommended property types, estimated annual revenue, GRY and more important data which is provided by Airbtics.

Introduction

The cosmopolitan city of Manchester is situated in the North West of England and is flanked by the Pennines and Cheshire Plain. This vibrant destination is highly renowned for its world-famous football, the artistic and cultural scene and its unique architecture where old and modern styles coexist perfectly. 

As the decades went by, this dynamic city became an important financial, cultural and education center with a quite attractive rental market. In fact, there’s no doubt that Manchester is an attractive area for investors as it’s among Airbnb’s top trending travel spots for 2023 domestic travel in the UK! Additionally, Manchester is also one of the top 3 Airbnb cities in the UK according to our previous blog. 

But before taking the next step in this journey, is important to set clear goals to guarantee your investment success, especially if you are considering investing in Manchester real estate. And for this reason, it’s essential to know where to buy to let in Manchester. Don’t fret as Airbtics is here to help you!

In this article, you will find out the best places to invest in Manchester as well as some of the main reasons why you should consider investing in a property in this city. Continue reading to learn more about this market!

Why invest in Manchester real estate market?

Buying investment properties in Manchester is truly a great way to generate a nice rental income. Yet, researching the market carefully is crucial when thinking about investing in Airbnb. Hence, it’s always good to know what kind of advantages the rental market of your target city can offer to real estate investors.

If you want to target Manchester’s real estate market, then make sure to check out some of the reasons why investment properties in thy city can help you build your path toward financial freedom:

  • Booming economy

Over the years, Manchester has experienced strong economic growth to the point of turning into one of the most prosperous cities in the UK. The city is a major business and commercial center where the sectors that contribute the most to the economic situation of the city are finances, technology, healthcare, education and manufacturing.

Additionally, Manchester is a university city, so there’s a huge student population and also steady demographic growth. Hence, it’s a great place to do a student accommodation investment since the demand for rental property is strong.

  • Great living conditions

Another advantage of investing or living in Manchester is that it offers a high standard of living. The city has a well-developed infrastructure with an efficient transport network, renowned education institutions, and a wide range of recreational facilities. Thanks to this, the city is quite a catch to both residents and businesses.

In addition, this city’s cost of living is more affordable compared to other major cities like London. The property price varies greatly depending on the area, but overall, the median house value is £250,700 according to Zoopla.

  • Top tourist destination

Imagine being surrounded by a majestic urban landscape with plenty of sites of interest, eclectic restaurants, lively cultural festivals, vibrant art galleries and much more. This is just a little piece of what Manchester has to offer to its locals and visitors. Honestly, it’s almost impossible to get bored in this destination as it’s easy to enjoy yourself here, both by day and by night. 

Manchester is a mecca for shopping lovers as there is no lack of shops and malls throughout the city such as the Trafford Centre. The nightlife is also quite vibrant with plenty of pubs, bars and clubs. Truth be told, Manchester is a dazzling destination that has something to suit everyone’s tastes!

Is Manchester rental market profitable for Airbnb?

Running a successful Airbnb listing that could secure you a good return on investment is not an unreachable dream anymore! Airbtics assures you that you can earn a nice passive income while operating a short-term rental in Manchester! In fact, this city is one of the best places to start an Airbnb investment in the UK!

According to Airbtics’s data, Airbnb hosts can earn an average revenue of £20,492 with a median occupancy rate of 62% for operating a 2-bedroom apartment in Manchester.

best places to invest in manchester

Aside from the amount of profit that a listing can create, it’s also essential to learn about the Airbnb regulations in Manchester. By doing so, you will be able to manage your business smoothly while avoiding legal trouble.

best places to invest in manchester

Source: Airbtics Dashboard

Best Buy to Let Areas in Manchester 

Feeling overwhelmed because it’s difficult to choose the right rental market to invest in Manchester? It’s understandable because each neighborhood generates a different level of profitability. Imagine how time-consuming this task can become. But, finding out where to invest is now easier if you make use of reliable analytics tools like Airbtics. 

But don’t take just our word for it – Take a look at our customer Simon who was led to a new Airbnb market that was more profitable than his original one!

Check out the best areas in Manchester to invest in property and are recommended for starting an Airbnb business:

airbtics-logo-300x87
Best Area Number of Airbnb Listings Best Bedroom Size Median Property Price Airbnb Annual Revenue GRY
Chorlton-on-Medlock 35 2 bedrooms £335,000 (2 BD) £40,690 12.15%
Northern Quarter 130 2 bedrooms £295,000 (2 BD) £39,916 13.53%
Fallowfield 47 2 bedrooms £200,000 (2 BD) £38,129 19.06%
Ancoats 32 2 bedrooms £290,000 (2 BD) £33,118 11.42%
Hulme 47 2 bedrooms £280,000 (2 BD) £20,047 7.16%

Best Area

Airbnb Dataset

  • Total Number of Airbnb Listings: 35
  • Best bedroom size: 2 bedrooms
  • Median property price (2 bedrooms): £335,000
  • Airbnb Annual revenue: £40,690
  • Gross rental yield: 12.15%
  • Total Number of Airbnb Listings: 130
  • Best bedroom size: 2 bedrooms
  • Median property price (2 bedrooms): £295,000
  • Airbnb Annual revenue: £39,916
  • Gross rental yield: 13.53%
  • Total Number of Airbnb Listings: 47
  • Best bedroom size: 2 bedrooms
  • Median property price (2 bedrooms): £200,000
  • Airbnb Annual revenue: £38,129
  • Gross rental yield: 19.06%

4. Ancoats

  • Total Number of Airbnb Listings: 32
  • Best bedroom size: 2 bedrooms
  • Median property price (2 bedrooms): £290,000
  • Airbnb Annual revenue: £33,118
  • Gross rental yield: 11.42%

5. Hulme

  • Total Number of Airbnb Listings: 47
  • Best bedroom size: 2 bedrooms
  • Median property price (2 bedrooms): £280,000
  • Airbnb Annual revenue: £20,047
  • Gross rental yield: 7.16%
Best Areas Outside Manchester to Invest in Property
airbtics-logo-300x87
City Number of Airbnb Listings Best Bedroom Size Median Property Price Airbnb Annual Revenue GRY
Stockport (10km away) 130 2 bedrooms £150,000 (2 BD) £20,935 13.96%
Liverpool (50km away) 975 1 bedroom £113,000 (1 BD) £18,182 16.1%
Sheffield (53km away) 350 1 bedroom £100,000 (1 BD) £15,092 15.1%
Blackpool (65km away) 477 1 bedroom £75,000 (1 BD) £18,662 24.88%
Leeds (67km away) 377 2 bedrooms £210,000 (2 BD) £20,767 9.89%

City

Airbnb Dataset

  • Distance from Manchester: 10 kilometers 
  • Total Number of Airbnb Listings: 130
  • Best bedroom size: 2 bedrooms
  • Median property price (2 bedrooms): £150,000
  • Airbnb Annual revenue: £20,935
  • Gross rental yield: 13.96%
  •  
  • Distance from Manchester: 50 kilometers 
  • Total Number of Airbnb Listings: 975
  • Best bedroom size: 1 bedroom
  • Median property price (1 bedroom): £113,000
  • Airbnb Annual revenue: £18,182
  • Gross rental yield: 16.1%
  • Distance from Manchester: 53 kilometers 
  • Total Number of Airbnb Listings: 350
  • Best bedroom size: 1 bedroom
  • Median property price (1 bedroom): £100,000
  • Airbnb Annual revenue: £15,092
  • Gross rental yield: 15.1%
  • Distance from Manchester: 65 kilometers 
  • Total Number of Airbnb Listings: 477
  • Best bedroom size: 1 bedroom
  • Median property price (1 bedroom): £75,000
  • Airbnb Annual revenue: £18,662
  • Gross rental yield: 24.88%

5. Leeds

  • Distance from Manchester: 67 kilometers 
  • Total Number of Airbnb Listings: 377
  • Best bedroom size: 2 bedrooms
  • Median property price (2 bedrooms): £210,000
  • Airbnb Annual revenue: £20,767
  • Gross rental yield: 9.89%

Source: Airbtics Dashboard

How to Find Profitable Locations to Invest in?

Finding profitable Airbnb markets can be quite the challenge and we know that the investor’s time is valuable. And precisely because we know how precious is, we encourage you to take advantage of the many available resources for property investors to speed things up in this journey.

Hence, if you want to find the most profitable area to operate your Airbnb effortlessly, then we recommend you make use of the best analytics tools, especially those which can provide you with dynamic data. Previously, it was fairly difficult to find apps that offer this type of dataset, but sites like Airbtics have taken a quantum leap forward and solved this problem to provide this resourceful service to investors! 

Explore a city and get reliable dynamic data that can make things easier for you. And to know whether a market will provide you with a rewarding experience, you will need to collect important information such as the average revenue, occupancy rates, nightly rates, and seasonality, among others. Fortunately, Airbtics Dashboard can help you with this tiresome task.

best places to buy to let glasgow

Now, you will have a better view of your target market. But what if you want to dive deeper and obtain more specific data points? Then, you’d play around with the filters and find the best results. You can use filters to find out what type of property offers the most attractive profit in your preferred area. And the best part of using dynamic data is that when you move and zoom 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! 

Make data-based strategies with reliable Airbnb data

Overall, we can conclude that Manchester’s real estate market offers a variety of property options and profitable locations, both neighborhoods and nearby cities, that could lead investors to a rewarding investment experience just by listing their houses or flats on Airbnb. 

But you better not hurry up yet as we recommend exploring more good places to invest in property in the UK thoroughly so that you won’t miss out on better opportunities. This is why is important to analyze markets using dynamic data with Airbtics. 

After finding out the best places to invest in Airbnb in Manchester, you should continue your research! Make smart investment decisions that will help you improve your Airbnb strategies by using the best tools such as the STR’s profit calculator. Join hands with Airbtics and maximize your profit now!

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 Buy to Let in Glasgow: Where to Invest in Airbnb?

Investing in the best places to buy to let in Glasgow is a fantastic idea to earn a passive income through Airbnb. Learn more here!

best places to buy to let glasgow

Investing in the best places to buy to let in Glasgow is a fantastic idea to earn a passive income through Airbnb. Learn more here!

Key Takeaways

  • Learn why Glasgow is an attractive city that offers profitable investment opportunities to real estate investors looking to secure a nice income stream.
  • With the help of Airbtics, you will find out if Glasgow is a good place to set up your Airbnb business by discovering its top rental markets, recommended property types, estimated annual revenue, GRY and more.

Introduction

Nestled on the banks of the River Clyde, lies majestically the most populous city of Scotland, Glasgow, a dynamic destination that offers the best cultural attractions. This modern city not only provides enjoyable leisure options but also an attractive rental market for investors!

According to Airbnb, Glasgow is one of the most popular destinations for long-term stays in the UK! Yet, having clear goals is an important factor in investment success, especially if you are considering investing in the rental market of Glasgow. Thus, you should first find out the most profitable locations for buying an investment property in the city. And Airbtics is here to lend you a hand!

In this article, we feature the best places to buy to let in Glasgow. As a bonus, we’ll also mention some of the main reasons why property investors should consider investing in this city. Continue reading to learn more about this market!

Top reasons to invest in Glasgow

Investing in short-term rentals in the UK is a smart way to create a nice income stream. However, researching the market before taking a crucial step is essential in the Airbnb world, especially if you’re thinking of investing in Glasgow. Thus, it’s always good to know what kind of advantages the rental market of your target city can offer to property investors.

If you’re targeting Glasgow, then make sure to check out some of the reasons why buying investment properties in thy city can help you build your path toward financial freedom:

  • Solid economy

Glasgow stands out as the largest economy in Scotland and owns one of the highest GDP among the cities of UK. The city is an important financial and services center, being the key industries related to technology, tourism, transport and logistics, health and education. Like this, the city not only enjoys a thriving economic situation but also a steady demographic growth since more people are looking to relocate to the city.  

  • High standard of living

It’s a given fact that Glasgow is a charming city that offers amazing living conditions and a wide range of cultural, sports and entertainment activities. With a friendly community, a great education system, stunning green scenery and modern infrastructure, this city will surely make anyone fall in love with its atmosphere. 

Another advantage of living in this city is its affordable cost of living! The average property price in Glasgow is also lower compared to other major cities in the UK. In fact, the median house value is £208,070 as confirmed by Rightmove platform.

  • Lots of leisure options

Best known as the City of Culture, Glasgow offers an attractive artistic and cultural scene with a variety of shops, restaurants, cafes, museums, and interesting heritage. This destination is perfect for people who want to enjoy unique experiences while interacting with a warm community. There’s no lack of things to do around Glasgow whether it’s day or night as it offers a wide range of activities and amazing nightlife. 

Is a Short-Term Lease Business Profitable in Glasgow?

Imagine running a successful Airbnb business that could ultimately lead you to achieve financial freedom, sounds great, right? The great news is that Airbtics confirms that this dream can become a reality in Glasgow! In fact, this city is one of the top 10 profitable Airbnb destinations in the UK!

As a matter of fact, as of July 2023, Airbnb hosts earned an average monthly revenue of £3,610 with a median occupancy rate of 77% for operating a 2-bedroom apartment in Glasgow City Centre as confirmed by Airbtics’ data.

best places to buy to let glasgow

On the other hand, aside from the level of profitability that a listing can generate, it’s equally important to learn about the Airbnb regulations in Glasgow. This way, you will not only avoid major problems with the local law but also will be able to manage your business smoothly. 

best places to buy to let glasgow

Source: Airbtics Dashboard

Top 5 Markets to Buy an Investment Property in Glasgow 

It can be quite a challenge to choose the right location to set up your rental property in Glasgow because each neighborhood generates a different level of profitability. Yet, finding out where to invest is now easier if you make use of trustworthy analytics tools like Airbtics. 

But don’t take just our word for it. Follow our customer Simon as an example as he was led to a new Airbnb market which was more profitable than his original one. What seemed to investors to be a dream is already a reality with our analytics tool!

Check out the best places to buy to let around Glasgow and are recommended for starting an Airbnb business:

airbtics-logo-300x87
Best Area Number of Airbnb Listings Best Bedroom Size Median Property Price Airbnb Annual Revenue GRY
Anderston 97 2 bedrooms £235,000 (2 BD) £37,963 16.15%
Hillhead 156 2 bedrooms £249,000 (2 BD) £36,614 14.70%
Tradeston 95 2 bedrooms £155,000 (2 BD) £28,431 18.34%
Kelvinbridge 89 1 bedroom £175,000 (1 BD) £25,537 14.59%
Merchant City 365 1 bedroom £135,000 (1 BD) £21,315 15.78%

Best Area

Airbnb Dataset

  • Total Number of Airbnb Listings: 97
  • Best bedroom size: 2 bedrooms
  • Median property price (2 bedrooms): £235,000
  • Airbnb Annual revenue: £37,963
  • Gross rental yield: 16.15%
  • Total Number of Airbnb Listings: 156
  • Best bedroom size: 2 bedrooms
  • Median property price (2 bedrooms): £249,000
  • Airbnb Annual revenue: £36,614
  • Gross rental yield: 14.70%
  • Total Number of Airbnb Listings: 95
  • Best bedroom size: 2 bedrooms
  • Median property price (2 bedrooms): £155,000
  • Airbnb Annual revenue: £28,431
  • Gross rental yield: 18.34%
  • Total Number of Airbnb Listings: 89
  • Best bedroom size: 1 bedroom
  • Median property price (1 bedroom): £175,000
  • Airbnb Annual revenue: £25,537
  • Gross rental yield: 14.59%
  • Total Number of Airbnb Listings: 102
  • Best bedroom size: 1 bedroom
  • Median property price (1 bedroom): £135,000
  • Airbnb Annual revenue: £21,315
  • Gross rental yield: 15.78%

Source: Airbtics Dashboard

How to Find the Best Places to Invest in?

It’s a given fact that trying to find profitable Airbnb markets can be quite time-consuming and for investors, time is money. But don’t worry as we live in the digital era and there are many available resources to speed things up in this investment journey.

For instance, if you want to find an ideal location to set up your Airbnb effortlessly, then we recommend you make use of analytics tools available in the market, especially those which can provide you with dynamic data. In the past, it was difficult to find apps that offer this type of dataset, but sites like Airbtics take a step ahead and decided to provide this resourceful service to investors like you! 

Get around a city and get reliable dynamic data that can make things easier for you while researching a market. And to know whether a market will provide fruitful rewards, you will need to collect important information such as the average annual revenue, occupancy rates, nightly rates, seasonality, etc. Luckily, Airbtics Dashboard can help you with this tedious task.

best places to buy to let glasgow

So, what’s next? Now, you will have a better overview of your target area, but you want to dive deeper and obtain more specific data points. Then, why not play around with the filters and find the best results? You can use filters to find out what type of property offers the most attractive profit in this market. And the best part of using dynamic data is that when you move and zoom in and out of your map, the data will also change accordingly.

best places to buy to let glasgow

Now, you can decide if a 2-bedroom apartment is a good investment in your target city or neighborhood and you can also compare it with other property types until you find out the most lucrative option! 

Make smart investment strategies with reliable Airbnb data

In summary, it’s visible that Glasgow offers an attractive real estate market with profitable investment opportunities that could help investors to obtain a good return on investment just by listing their property on Airbnb. 

But before you take the next step, we recommend exploring other top buy to let areas in the UK and reviewing all options carefully so that you won’t miss out on better investment opportunities. This is why is important to take advantage of the digital era and analyze markets using dynamic data with Airbtics. 

Knowing the best places to buy to let in Glasgow is just the start of this enjoyable journey. Now, we want to encourage you to make data-based decisions that will help you improve your strategies by using reliable tools such as the Airbnb profit estimator. Let Airbtics join hands with you and boost your gains now!

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Airbnb Investment All About Airbnb

3 different types of Airbnb APIs and how you can get them?

Accurate Revenue Estimates with Our
Airbnb API – Start Today!

last updated on July 3rd, 2024
Cover image

Are you looking for an effective way to estimate short-term rental revenue? You’re in the right place. Our Airbnb API, also known as the Airbnb Revenue Estimation API or Airbnb Calculator API, provides accurate and reliable data to help you find out your potential rental income.

*If you want to manage Airbnb hosting page programmatically, you need to contact Airbnb for an official partnership, or you can use the unofficial APIs found on Github.

What is Airbnb Revenue Estimation API?

The Airbnb Revenue Estimation API answers a crucial question: ‘How much can a property earn as a short-term rental?’ This powerful tool provides estimates based on several input parameters.

Example:

Input

(43.2621, -13.4832)

2

3

Yes

No

5

5 km

Output

$14,520

54%

$356

How do you get the data?

Airbtics’ primary data source is attained through a web scraping software that directly takes data points from Airbnb. We also have secondary data sources from Airbnb hosts via iCal or vacation rental managers.

How accurate is the data?

Airbtics is dedicated to providing the most accurate data available in the market. Through the application of data science and machine learning algorithms, we train our various classifiers to consistently improve our data’s accuracy.

In addition to this, we make predictions based on Airbnb’s total revenue and it is 97% correlated with Airbnb’s official statement. Read more about our data accuracy in this blog.

How do I get started?

  1. Review Our Documentation: Ensure you understand the API capabilities and integration.
  2. Test the Data Accuracy: Use our Airbnb calculator to see the API in action.
  3. Subscribe to Our API: Start with our standard plan at $99/month.
  4. Custom plan: For larger plans or custom solutions, contact us at [email protected]. A minimum commitment of $750/month is required.”
Categories
Airbnb Investment All About Airbnb

Best Places to Invest in Airbnb in Maine: 2023 Edition

Key Takeaways
  • Airbnb hosts can obtain a good passive income by managing rental properties in Maine since it offers a strong tourist market, good living conditions, high profitability, and more. 
  • Discover some of the benefits property investors can enjoy when investing in Maine real estate market.
  • The best rental markets in Maine are featured here! We’ll also reveal their recommended property types and specific Airbnb data using Airbtics app.

Introduction

The state of Maine is nestled in the New England region of the Northeastern United States, being bordered by New Hampshire, the Atlantic Ocean and Canada. Maine’s cities are renowned vacation destinations that could capture anyone’s heart as you can contemplate one of the most beautiful natural sceneries in the US. 

Maine offers a unique combination of striking natural surroundings, rich history, a relaxing lifestyle, heartwarming communities and a diverse economy. Thus, it’s understandable why this state has drawn the attention of property investors. 

Yet, having clear goals is an important factor in investment success, especially if you are considering investing in the rental market of Maine. Hence, to start your Airbnb journey on the right foot you should first find out the most profitable locations for buying an investment property in Maine. 

In this article, you can find the best places to invest in Airbnb in Maine. As a bonus, we’ll also mention some of the main reasons why property investors should consider investing in this destination. Continue reading to learn more about this market!

Top Reasons to Invest in Maine Real Estate

Buying a vacation home in Maine and then listing them on platforms like Airbnb is certainly a smart way to build your path toward financial freedom. Perhaps, that’s why Airbnb is so popular among young investors. But before taking a crucial step in this investment journey, it’s always good to know what kind of advantages the rental market of your target city can offer to investors.

If you’re targeting Maine, then make sure to check out some of the reasons why buying investment properties in cities located in this state can deliver fruitful rewards:

  • Diversified economy

Maine enjoys a diversified economy that includes sectors like agriculture, services and manufacturing industries. Thanks to its natural surroundings, national parks and beaches, the service sector, particularly the tourism industry, plays an important role in the economic situation of the state as it is the largest generator of employment.

The state also has a significant presence within the renewable energy sector with a variety of solar and wind power plants.

  • High standard of living

Maine is truly a dazzling destination, which offers a strategic location, and amazing living conditions. With a laidback lifestyle, remarkable scenery, stunning coastlines and a warming community, this state attract thousands of visitors each year as well as people looking to relocate to one of its cities. On top of that, most cities in Maine provide a safe and clean environment that is almost free of air pollution where you can safely enjoy outdoor activities.

Furthermore, Maine offers a good educational system that opens the doors to high-quality education with plenty of public schools and renowned higher institutions. 

  • Low cost of living

Another advantage of Maine is that this state offers a fairly affordable living cost. The daily expenses, amenities, housing and public services are relatively cheap if we compared them to the national average. 

The real estate market offers a variety of housing options at different prices. From affordable apartments to luxury houses in popular vocational spots, you can certainly find a property that fits not only your goals but also your budget.

  • Plenty of things to do

Maine is widely known for its stunning natural beauty. As we reach its seafront, we can find almost 5,500km of coastline with rocky shores, cliffs, beaches and some picturesque fishing ports. And if we move to the inside of the state, we can discover that its landscape is shaped by mountains, lakes, rivers and leafy forests. Considering its diverse geography, you can enjoy a wide range of outdoor activities all year round such as hiking, biking, boating and fishing, 

Maine is the perfect destination to enjoy unique experiences and adventures. And of course, we can’t forget to mention Maine’s cultural background and it owns a rich history that can be found while visiting its charming cities. You can visit lively farmers’ markets, art galleries, handicraft shops, and vibrant entertainment venues, and don’t forget to try Maine’s exquisite dishes in one of its restaurants!

Is Airbnb Profitable in Maine?

Wondering if doing an Airbnb investment in Maine is worth it? Airbtics confirms that real estate investments in Maine can help you to obtain a good cash-on-cash return! But still, you should note that the level of profitability that a listing can generate depends on factors like the listing’s location and how many bedrooms it has. This is why choosing the best type of property type for your Airbnb is just as important.

If you’re thinking of buying a property to let in Maine, then you may like to know how much profitability a listing can generate. Let us give you a hint! – An Airbnb host can expect an average annual revenue of $51,016 and a median occupancy rate of 53% for operating a 2-bedroom property in Maine as confirmed by Airbtics’ data.

best places to invest in Maine

Best Places to Invest in Airbnb in Pittsburgh

best places to invest in Maine

Source: Airbtics Dashboard

Best Places Rental Markets to Invest in Maine

While there are a variety of Airbnb host expenses to consider before listing a property, the most important factor that investors should consider is the property’s location. 

It’s worth mentioning that many cities in Maine are popular tourist destinations. Hence, some of them certainly can offer interesting investment opportunities, albeit each of them can generate different levels of profitability. For this reason, it can be quite a challenge to choose the right location to set up your rental property in Maine.

Check out the best places to invest in Airbnb around Maine and are recommended for starting an Airbnb business:

airbtics-logo-300x87
City Number of Airbnb Listings Best Bedroom Size Median Property Price Airbnb Annual Revenue GRY
Bar Harbor 314 3 bedrooms $606,000 (3 BD) $100,675 16.61%
Southwest Harbor 175 2 bedrooms $545,000 (2 BD) $73,200 13.43%
York 308 2 bedrooms $615,000 (2 BD) $72,798 11.84%
Portland 634 2 bedrooms $590,000 (2 BD) $68,976 11.69%
Old Orchard Beach 365 2 bedrooms $429,000 (2 BD) $61,937 14.44%
Camden 112 1 bedroom $294,000 (1 BD) $56,263 19.14%
Boothbay Harbor 130 1 bedroom $326,000 (1 BD) $44,448 13.63%
Bangor 222 2 bedrooms $260,000 (2 BD) $43,053 16.56%

City

Airbnb Dataset

  • Total Number of Airbnb Listings: 314
  • Best bedroom size: 3 bedrooms
  • Median property price (3 bedrooms): $606,000
  • Airbnb Annual revenue: $100,675
  • Gross rental yield: 16.61%
  • Total Number of Airbnb Listings: 175
  • Best bedroom size: 2 bedrooms
  • Median property price (2 bedrooms): $545,000
  • Airbnb Annual revenue: $73,200
  • Gross rental yield: 13.43%

York

 

  • Total Number of Airbnb Listings: 308
  • Best bedroom size: 2 bedrooms
  • Median property price (2 bedrooms): $615,000
  • Airbnb Annual revenue: $72,798
  • Gross rental yield: 11.84%
  • Total Number of Airbnb Listings: 634
  • Best bedroom size: 2 bedrooms
  • Median property price (2 bedrooms): $590,000
  • Airbnb Annual revenue: $68,976
  • Gross rental yield: 11.69%
  • Total Number of Airbnb Listings: 365
  • Best bedroom size: 2 bedrooms
  • Median property price (2 bedrooms): $429,000
  • Airbnb Annual revenue: $61,937
  • Gross rental yield: 14.44%

Camden

 

  • Total Number of Airbnb Listings: 112
  • Best bedroom size: 1 bedroom
  • Median property price (1 bedroom): $294,000
  • Airbnb Annual revenue: $56,263
  • Gross rental yield: 19.14%
  • Total Number of Airbnb Listings: 130
  • Best bedroom size: 1 bedroom
  • Median property price (1 bedroom): $326,000
  • Airbnb Annual revenue: $44,448
  • Gross rental yield: 13.63%
  • Total Number of Airbnb Listings: 222
  • Best bedroom size: 2 bedrooms
  • Median property price (2 bedrooms): $260,000
  • Airbnb Annual revenue: $43,053
  • Gross rental yield: 16.56%

Source: Airbtics Dashboard

How to Find the Best Places to Invest in with Airbtics

Here’s how you can find the best places to invest in Airbnb in Maine or any other location that you want to target easily. First, access to Airbtics Dashboard and type “Maine” in the search bar to have an overview of the data in this region.

Here you can try out different approaches to get the best market:

1. You can research the cities and neighborhoods of a destination and find the one that suits your tastes best. If you already have a specific city, town or neighborhood in mind, type the name on the search bar. On the results section, you may find your preferred area or;

2. If the target area doesn’t have an active market, you can customize your own map to get the most personalized results! 

Please notice that to unlock your preferred location, you will need to use 1 Market Credit.

After finding your target market, it’s time to discover whether the area would provide fruitful rewards to you or not. When unlocking the market, you will have access to the following dataset:

  • Occupancy Rate
  • Average Daily Rate
  • Annual Revenue
  • Nightly Rate
  • Seasonality
  • Average Length of Stay
  • Top-performing listings
  • Revenue Heatmap

What’s next? Now, you will have a better overview of your target area, but you want to dive deeper and obtain more specific data points. Then, you can use the filter to play around with the results. 

Let’s say your target market is the town of York, ME. You can use the filters to find out what type of property in this market offers the most attractive results. For instance, if you want to know if a 2-bedroom apartment is a profitable investment, then you can hover over the options on the filter tab and find out the answer to that question.

Now, you can decide if a 2-bedroom apartment is a good investment in York, ME, OR compare it with other property types until you find out the most lucrative option for you! The best part is that Airbtics provides dynamic data. Thus, when you move and zoom in and out of your map, the data will also change accordingly.

Easy peasy, right? Wait no more and have full access to your dream market with Airbtics!

Access Airbnb data to make smart investment decisions

We can conclude that Maine’s real estate market offers some lucrative locations for rental properties where investors can obtain a good return on investment just by listing their property on Airbnb. 

However, we recommend exploring different locations and reviewing all options carefully so that you won’t miss out on better investment opportunities. Thus, you should take advantage of the digital era and analyze markets using dynamic data with Airbtics. 

Now that you have a better overview of the best places to invest in Airbnb in Maine, we encourage you to continue your market analysis while checking Airbtics’ Airbnb profit estimator. This way you will improve your strategies by making data-based decisions!

Categories
Airbnb Investment All About Airbnb

Best Places to Invest in Airbnb in New Brunswick: Top Rental Markets in 2023

Key Takeaways
  • New Brunswick’s thriving economy, low cost of living and strong rental market have helped many Airbnb hosts to earn a nice rental income by managing Airbnb listings.
  • Find out what kind of advantages New Brunswick offers to real estate investors looking to target its rental market.
  • Discover the most profitable cities for Airbnb investments in New Brunswick along with their best property types and Airbnb dataset provided by Airbtics Analytics Tool.

Introduction

Nestled on the Atlantic Coast, we can find New Brunswick, a dazzling Canadian province that is filled with fascinating history and striking natural beauty. This destination is highly known for its coastline, rivers and forests that can capture anyone’s attention and even heart at first glance. Thanks to this, the province welcomes a high influx of visitors throughout the year, which opens the doors to interesting investment opportunities. 

While New Brunswick offers affordable real estate and a strong rental market thanks to its large tourist inflows, there are crucial factors that investors should consider before investing in the province. For instance, researching the best places to invest in vacation rentals and their Airbnb yearly revenue is a must. But we are here to help you!

In this article, we’ll reveal the best places to invest in Airbnb in New Brunswick, Canada and some of the benefits of property investments in this province. Continue reading to learn more about this market!

Why Should You Consider Investing in an Income Property in New Brunswick?

Investing in short-term rentals certainly can help you to earn a nice income stream that can ultimately lead you to a rewarding long-term experience. And if you’re looking to start a successful Airbnb business in New Brunswick, you have to make sure to know what kind of advantages this province offers to property investors: 

  • Thriving economy

Throughout the years, New Brunswick has been experiencing a steady growth in its economy and demographics as many young professionals and families are looking to relocate in this province. While the province’s economy is quite diverse, one of the main contributors is its service industry. 

The sectors that play a significant role in the economic activity are manufacturing, agri-tech, healthcare, tourism and communications technology. Considering that the province offers a strong tourist market, investors who are looking to cater to vocational accommodations can certainly benefit from it.

  • An affordable province with great quality of life 

New Brunswick may mainly stand out for its striking views, but aside from that, the province also stands out by offering a high standard of living to its residents and visitors alike. The cities and towns located in the province provide a quite safe and clean environment as well as affordable living costs that allow one to experience a comfortable lifestyle at a reasonable budget. If you’re wondering what’s the cost of buying a house in New Brunswick, you’ll be pleased to know that the average price range from C$298,879

Considering its diverse economy, the province provides an attractive job market with plenty of employment opportunities. Additionally, New Brunswick offers excellent choices for educational institutions and universities! 

  • Plenty of leisure activities

New Brunswick is home to breathtaking landscapes and plenty of natural areas where one can enjoy a variety of exciting outdoor adventures. Additionally, there are many cultural events happening throughout the year in this province’s cities. 

Visitors and locals alike can enjoy its large shoreline which is made of picturesque beaches, bays and cliffs where the world’s highest tides can be found. On top of that, there are plenty of natural parks! For example, you can visit Fundy National Park and engage in exciting adventures such as hiking, biking, or walking across its trails.

On the other hand, New Brunswick also promotes its rich artistic and cultural traditions by hosting year-round festivals and events.

Is Airbnb Profitable in New Brunswick?

Wondering if Airbnb investments in New Brunswick are worth it? Airbtics confirms that investing in the New Brunswick real estate market is profitable! Yet, you should note that the level of profitability highly depends on choosing the best location and property type.

Additionally, you should consider setting up strategies based on reliable data provided by reliable analytics tools like Airbtics. This is exactly how Simon ended up enjoying an even more rewarding investment experience

Based on Airbtics’ data, an Airbnb host can expect an average annual revenue of C$56,130 and a median occupancy rate of 51% for operating a 4-bedroom property in New Brunswick.

best places to invest in New Brunswick

best places to invest in New Brunswick

Source: Airbtics Dashboard

Top 5 Cities to Invest in Airbnb in New Brunswick

There are plenty of host expenses to consider when thinking about listing your property on platforms like Airbnb such as the amenities and cleaning supplies. Yet, one of the most essential steps in this journey is to choose the right location to enjoy a profitable investment. 

Considering that there are a variety of unique and charming cities and towns in New Brunswick, it can surely become a challenge to choose the best place to set up an Airbnb listing. This is mainly because each of these areas offers a different level of profitability. 

Check out the best cities to invest in New Brunswick and are highly recommended for starting an Airbnb business:

airbtics-logo-300x87
Best Area Number of Airbnb Listings Best Bedroom Size Median Property Price Airbnb Annual Revenue GRY
Saint John 152 2 bedrooms C$225,000 (2 BD) C$44,630 C$44,630
Moncton 176 2 bedrooms C$199,000 (2 BD) C$41,785 21%
St. Andrews 45 1 bedroom C$349,000 (1 BD) C$39,326 11.27%
Fredericton 128 2 bedrooms C$279,900 (2 BD) C$34,812 12.44%
Shediac 120 2 bedrooms C$299,500 (2 BD) C$34,045 11.37%

best places to invest in New Brunswick

City

Airbnb Dataset

  • Total Number of Airbnb Listings: 152
  • Best bedroom size: 2 bedrooms
  • Median property price (2 bedrooms): C$225,000
  • Airbnb Annual revenue: C$44,630
  • Gross rental yield: 19.84%
  • Total Number of Airbnb Listings: 176
  • Best bedroom size: 2 bedrooms
  • Median property price (2 bedrooms): C$199,000
  • Airbnb Annual revenue: C$41,785
  • Gross rental yield: 21%
  • Total Number of Airbnb Listings: 45
  • Best bedroom size: 1 bedroom
  • Median property price (1 bedroom): C$349,000
  • Airbnb Annual revenue: C$39,326
  • Gross rental yield: 11.27%
  • Total Number of Airbnb Listings: 128
  • Best bedroom size: 2 bedrooms
  • Median property price (2 bedrooms): C$279,900
  • Airbnb Annual revenue: C$34,812
  • Gross rental yield: 12.44%
  • Total Number of Airbnb Listings: 120
  • Best bedroom size: 2 bedrooms
  • Median property price (2 bedrooms): C$299,500
  • Airbnb Annual revenue: C$34,045
  • Gross rental yield: 11.37%

Source: Airbtics Dashboard

Find the best investment opportunities using Analytics Tool

New Brunswick certainly is a beautiful province that offers a variety of lucrative areas with attractive real estate markets that allow investors to obtain a good return on investment. Thus, you can certainly find profitable markets in this Canadian province.

Albeit, other profitable investment businesses are always welcome, so why not take your time to analyze your options so that you won’t miss out on better opportunities? For instance, make sure to analyze other top locations that you can consider if you’re thinking of buying income property in Canada.

Finding out the best places to invest in Airbnb in New Brunswick is certainly a great way to start your investment journey, but you should go further! Learn how much profit you can make in your target market by using our free short-term rental income calculator. Improve your strategies and boost your gains now!

Explore more profitable cities around New Brunswick!

Categories
Airbnb Investment All About Airbnb

Cheapest Places to Buy Rental Property for Airbnb

Property ownership is often seen as living the American dream. Fortunate people have been able to secure property for residential purposes. And the luckier folks may be thinking about owning another one for their vacation rental venture. 

Who can blame them? Airbnb has opened doors for homeowners to make a lucrative business out of their properties. And where else will they first look for but in the cheapest places to buy rental property in the United States?

In this blog article, we will lead you to the cities with the most affordable investment properties for Airbnb. All of them have higher revenue potential, and we’re not drawing assumptions out of thin air. The list is informed by data analytics. This article will cover:
The research method to check short-term rental profitability

  • Validating Airbnb profitability in the cheapest places to buy rental property in the United States
  • Finding an alternative Airbnb market more in line with your investment goals

How To Know Your Airbnb Potential Revenue? 

Check the gross rental yield by simply dividing income over the property cost. This takes into account the market average income potential in comparison to its purchase price. So, the more affordable real estate investments for Airbnb may have a higher revenue potential.

You can get the market average of multiple Airbnb metrics from Airbtics’ Insights Tool. Just type in any US city in the search bar, and you will see the following in no time:

  • Revenue Potential
  • Occupancy Rate
  • Nightly Rate
cheapest places to buy rental property

Cheapest Places to Buy Rental Property for Airbnb

We have curated a list of cities with the cheapest home prices for short-term rentals. They do not only promise affordability. They also offer profitability as confirmed by the Insights Tool of Airbtics. Now, discover the untapped potential that awaits you in the cheapest places to buy rental properties for Airbnb:

airbtics-logo-300x87
City Median Property Price Airbnb Annual Revenue Potential Gross Rental Yield
Detroit, MI ​​$52,952 $18,973 35.83%
Cleveland, OH $94,900 $21,846 23.02%
Toledo, OH $80,000 $19,105 23.88%
Peoria, IL $79,900 $20,259 25.36%
Terre Haute, IN $70,500 $24,596 34.89%
Davenport, IA $145,000 $21,078 14.54%
Erie, PA $135,000 $27,384 20.28%
Utica, NY $120,000 $21,008 17.51%
Macon, GA $115,450 $19,179 16.61%
Syracuse, NY $110,000 $18,044 16.40%

City

Airbnb Dataset

  • Median Property Price: ​​$52,952
  • Airbnb Annual Revenue Potential: $18,973
  • Gross Rental Yield: 35.83%
  • Median Property Price: ​​$94,900
  • Airbnb Annual Revenue Potential: $21,846
  • Gross Rental Yield: 23.02%
  • Median Property Price: ​​$80,000
  • Airbnb Annual Revenue Potential: $19,105
  • Gross Rental Yield: 23.88%
  • Median Property Price: ​​$79,900
  • Airbnb Annual Revenue Potential: $20,259
  • Gross Rental Yield: 25.36%
  • Median Property Price: ​​$70,500
  • Airbnb Annual Revenue Potential: $24,596
  • Gross Rental Yield: 34.89%
  • Median Property Price: ​​$145,000
  • Airbnb Annual Revenue Potential: $21,078
  • Gross Rental Yield: 14.54%
  • Median Property Price: ​​$135,000
  • Airbnb Annual Revenue Potential: $27,384
  • Gross Rental Yield: 20.28%
  • Median Property Price: $120,000
  • Airbnb Annual Revenue Potential: $21,008
  • Gross Rental Yield: 17.51%
  • Median Property Price: ​​$115,450
  • Airbnb Annual Revenue Potential: $19,179
  • Gross Rental Yield: 16.61%
  • Median Property Price: $110,000
  • Airbnb Annual Revenue Potential: $18,044
  • Gross Rental Yield: 16.40%

Remember that the revenue potential is the average in the given market. If you find the optimal number of Airbnb bedrooms in the area, you can expect a much higher gross rental yield! This gives you a bang for your buck in any of the cheapest places to buy rental property in the US.

cheapest places to buy rental property

Source: Airbtics Dashboard

Your Lead to the Best Airbnb Market

As we have seen, the cheapest places to buy rental property for Airbnb also happen to be highly profitable. 6 of them offer very high gross rental yields, exceeding 20%! We have confirmed this with data analytics using Airbtics’ Insight Tool. This powerful tool has given us the average data points of the cheapest real estate markets for Airbnb mentioned in this list.

Intrigued to know which Airbnb market is waiting to be tapped? Gain access to invaluable insights, data-driven recommendations, and hidden gems of the short-term rental industry. Sign-up now and let data lead you to Airbnb greatness!

Categories
Airbnb Investment All About Airbnb

Best Places to Invest in Airbnb in Pittsburgh: Top Areas for Investment Properties in 2023

Key Takeaways
  • Many Airbnb hosts enjoy a rewarding financial experience by managing short-term rentals in Pittsburgh thanks to its affordable real estate and attractive rental market.
  • Learn some reasons why investing in Pittsburgh real estate can be a profitable business idea for property investors.
  • The top neighborhoods and nearby cities for Airbnb investments in Pittsburgh are revealed along with their recommended property type and Airbnb data provided by Airbtics app.

Introduction

The vibrant city of Pittsburgh is situated where the Allegheny and the Monongahela rivers met, offering plenty of striking natural views. The “Steel City” blends its impressive industrial history with a contemporary approach that’s focused on innovation. Thanks to this, Pittsburgh has not only become an attractive place to visit but also to live and invest in. 

In addition, the city offers an affordable housing market and a diversified economy that caught many investors’ attention. However, there are more factors that investors should research before investing in Pittsburgh, such as the best places to invest in real estate and their Airbnb yearly revenue! And we are here to lend you a hand.

In this article, we’ll feature the best places to invest in Airbnb in Pittsburgh, Pennsylvania and some of the expectations for real estate investments in this city. Continue reading to learn more about this market!

Main Reasons to Invest in Pittsburgh Real Estate

Looking to earn a good passive income that can ultimately lead you to achieve financial freedom? Then you should consider buying investment properties in Pittsburgh! If you are wondering why we suggest targeting the rental market in Pittsburgh rental, make sure to check out what kind of advantages this city offers to property investors like you: 

  • Affordable real estate market

One of the top advantages of investing in Pittsburgh is that its real estate market is quite affordable! In fact, based on Zillow Index, the average property price is $229K. Overall, the median housing value is lower than the national average and the market offers a variety of house options that can fit each investor’s needs and budget.

  • Diversified economy

Throughout the years, Pittsburgh has diversified its economy, which is mainly driven by technology, healthcare, education and energy sectors. Thanks to this, Pittsburgh’s financial situation is stable, allowing it to offer favorable conditions for real estate investments in the city.

On the other hand, Pittsburgh experienced positive demographic growth during the last few years. This is mainly because of the city’s efforts of becoming an important technological and educational center, which has drawn the attention of young professionals looking for job opportunities.

  • Good living conditions

Pittsburgh stands out in a variety of ways, among them we can highlight its good quality of life and friendly community. Additionally, the city also provides a great educational system and is home to plenty of renowned universities and institutes such as the University of Pittsburgh and Carnegie Mellon University.

And if you’re looking for things to do during your free time, let us mention that Pittsburgh also offers a wide range of leisure activities and an attractive cultural scene. There’s no lack of museums, theaters and art galleries. The city also hosts a variety of cultural and musical events throughout the year, so it’s almost impossible to get bored while visiting or even living in Pittsburgh. 

While visiting the city of Pittsburgh, you can also enjoy some striking natural landscapes provided by the Monongahela, Allegheny and Ohio Rivers. You will even have a difficult time choosing a green area for your enjoyment since there are around 163 parks! 

Is Airbnb Profitable in Pittsburgh, PA?

Don’t worry anymore. Airbtics confirms that investing in an Airbnb property in Pittsburgh is profitable! Albeit, if you want to start a successful Airbnb business, you should have in mind that the level of profitability highly depends on the property type, number of bedrooms and location.

On the other hand, we also encourage you to learn more about the Airbnb regulations in Pittsburgh so that you can operate your listing smoothly avoiding major problems with the law.

Based on Airbtics’ data, an Airbnb host can expect an average annual revenue of $28,365 and a median occupancy rate of 53% for operating a 1-bedroom property in Pittsburgh.

best places to airbnb in Pittsburgh

Best Places to Invest in Airbnb in Pittsburgh

Source: Airbtics Dashboard

Top Places to Invest in Rental Properties Around Pittsburgh

With more than 90 unique neighborhoods, Pittsburgh certainly can give investors a hard time when choosing the best place to set up their Airbnb listing in the city. This is mainly because each of these areas offers a different level of profitability. 

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

airbtics-logo-300x87
Best Area Number of Airbnb Listings Best Bedroom Size Median Property Price Airbnb Annual Revenue GRY
East Allegheny, Pittsburgh 53 2 bedrooms $275,000 (2 BD) $46,457 16.89%
Bloomfield, Pittsburgh 67 1 bedroom $240,000 (1 BD) $34,883 14.53%
Shadyside, Pittsburgh 49 1 bedroom $230,000 (1 BD) $32,577 14.16%
Lawrenceville, Pittsburgh 90 1 bedroom $249,900 (1 BD) $30,587 12.24%
Downtown Pittsburgh 106 2 bedrooms $395,000 (2 BD) $30,012 7.60%
Cleveland, OH (114 miles away) 770 3 bedrooms $145,000 (3 BD) $52,082 35.92%
Columbus, OH (161 miles away) 1,063 2 bedrooms $179,900 (2 BD) $35,006 19.46%

Best Areas

Airbnb Dataset

  • Total Number of Airbnb Listings: 53
  • Best bedroom size: 2 bedrooms
  • Median property price (2 bedrooms): $275,000
  • Airbnb Annual revenue: $46,457
  • Total Number of Airbnb Listings: 67
  • Best bedroom size: 1 bedroom
  • Median property price (1 bedroom): $240,000
  • Airbnb Annual revenue: $34,883
  • Gross rental yield: 14.53%
  • Total Number of Airbnb Listings: 49
  • Best bedroom size: 1 bedroom
  • Median property price (1 bedroom): $230,000
  • Airbnb Annual revenue: $32,577
  • Gross rental yield: 14.16%
  • Total Number of Airbnb Listings: 90
  • Best bedroom size: 1 bedroom
  • Median property price (1 bedroom): $249,900
  • Airbnb Annual revenue: $30,587
  • Gross rental yield: 12.24%
  • Total Number of Airbnb Listings: 106
  • Best bedroom size: 2 bedrooms
  • Median property price (2 bedrooms): $395,000
  • Airbnb Annual revenue: $30,012
  • Gross rental yield: 7.60%
  • Distance from Pittsburgh: 114 miles 
  • Total Number of Airbnb Listings: 770
  • Best bedroom size: 3 bedrooms
  • Median property price (3 bedrooms): $145,000
  • Airbnb Annual revenue: $52,082
  • Gross rental yield: 35.92%
  • Distance from Pittsburgh: 161 miles 
  • Total Number of Airbnb Listings: 1,063
  • Best bedroom size: 2 bedrooms
  • Median property price (2 bedrooms): $179,900
  • Airbnb Annual revenue: $35,006
  • Gross rental yield: 19.46%

Source: Airbtics Dashboard

Discover other cities using Analytics Tool

Pittsburgh has a variety of property options as well as profitable areas that offer a nice cash-on-cash return to real estate investors. Yet, it is worth noting that you should still analyze your options thoroughly so that you won’t miss out on better investment opportunities. Thus, setting up strategies based on reliable data can greatly help you in your journey, so you should make use of the best analytics tools such as Airbtics Discovery Tool!

Knowing the best places to invest in Airbnb in Pittsburgh is the first step in this investment journey, now you should continue your research! Enjoy Pittsburgh’s stunning sights after checking Airbtics’ short-term rental calculator. Don’t wait any longer and maximize your profitability now!

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Airbnb Investment All About Airbnb

Best Places to Invest in Airbnb in Girona: Real Estate Investment 2023

Key Takeaways

The stable economy, booming labor market, and great quality of life in Girona have helped many Airbnb hosts to generate a good rental income. 

Find out why investing in the housing market in Girona can become a financially rewarding experience.

We feature the top rental markets in Girona along with their best property types, gross rental yields, and annual revenue. 

Introduction

The historic city of Girona lies beautifully at the northern end of the Iberian peninsula, crossed by the rivers of Ter, Güell, Galligans, and Oñar. This destination invites everyone to discover more than 2,000 years of history by exploring its fascinating and remarkable landmarks such as the Força Vella while enjoying its exquisite cuisine. And if you’re a fan of Game of Thrones, then you will deeply love this city as many scenes were filmed here.

Don’t be fooled by the small size of this city because Girona has nothing to envy of bigger cities. There’s no lack of high-quality amenities and services, modern infrastructure, and plenty of leisure opportunities. With a combination like this, you will certainly have everything within reach!

In addition, Girone holds the top spot on the list of the best city to invest in the Catalonia Community! The city welcomes a high flow of tourists annually, which makes the demand for rental properties remain strong!

Here we feature the best places to invest in Airbnb in Girona, Spain. You will also discover some of the benefits of having Airbnb listings in the city. Continue reading to learn more!

Why should you invest in short-term rentals in Girona?

Buying an investment property in Spain, specifically in Girona, can help you secure a source of passive income that ultimately will allow you to achieve the desired financial freedom.

Girona can provide investors like you with promising investment opportunities, especially if you invest in one of the best places to airbnb in the city, albeit it’s always important to know beforehand why rental properties may be profitable in this city. Check out why Girona is an attractive city to invest in:

  • Booming economy

Girona has been enjoying steady economic growth in the past few years. With a diverse economy, its leading sectors are tourism, industry and commerce. The city also has a flourishing startup ecosystem with a variety of tech and services companies. Thanks to this, the job market remains relatively stable with plenty of employment opportunities. 

Considering the privileged location of Girona, the logistics and transport sector also play an important role in the city’s economy. Additionally, the agri-food industry is a major source of employment since the city is home to a variety of companies dedicated to producing and distributing consumer goods.

  • High quality of life 

Girona has become quite an attractive place to live thanks to its great living conditions that encourage people to look for opportunities to relocate to the city. With a low crime rate, a reliable healthcare system, and a wide range of high-quality public services, Girona seems to be the perfect place to live and work. Moreover, the city also offers great educational opportunities and plenty of recreational activities.

Furthermore, Girona also provides an active housing market that is constantly growing. For this reason, investing in real estate in this city can be considered a safe and profitable investment. Girona offers a variety of property types at different prices. From apartments located in the city center to houses in rural areas, you will surely find a property that fits not only your budget but also your needs.

  • Wide array of recreational options

It’s a given fact that Girona has a unique charm capable of making anyone fall in love with its surroundings. The city owns a rich cultural and historical heritage with a beautifully preserved medieval old town composed of cobbled streets and walls where you can find numerous sites of interest. 

There’s also no lack of museums, art galleries, and cultural events throughout the year. But do you know the best part of exploring this city? You can enjoy the most exquisite dishes since Girona’s gastronomy is one of a kind!

And if you crave nature, you’ll be pleased to explore Girona’s natural attractions. Taking into account, the city is close to the Costa Brava and its beautiful beaches and coves! You can also enjoy outdoor activities such as hiking and biking at the  La Garrotxa Volcanic Zone Natural Park, which boasts one of the most impressive landscapes.

Is Airbnb Profitable in Girona?

Maybe this tricky question shot through your head: is Airbnb real estate investment worth it? Don’t worry! Airbtics assures you that rental properties in Girona certainly can help you obtain a good profit. That being said, there is a variety of factors to consider when wondering about the amount of profitability a listing can generate such as property type and location.

Based on Airbtics’ data, an Airbnb host can earn up to €31,353 with a median occupancy rate of 68% for managing a 1-bedroom property in Girona.

best places to invest in girona

best places to invest in guadalajara

Top Areas to Invest in Real Estate in Girona

There are a variety of Airbnb host expenses that investors should consider, but the most crucial part is to choose the right location to set up their short-term rental business in order to obtain a good return on investment.

The best places to invest in Girona and nearby cities are featured below so make sure to check them out:

1. Barri Vell
  • Total Number of Airbnb Listings: 212
  • Best bedroom size: 2 bedrooms
  • Median property price (2 bedrooms): €330,000
  • Airbnb Annual revenue: €42,083
  • Gross rental yield: 12.75%
2. Eixample
  • Total Number of Airbnb Listings: 47
  • Best bedroom size: 2 bedrooms
  • Median property price (2 bedrooms): €208,000
  • Airbnb Annual revenue: €40,934
  • Gross rental yield: 19.68%
3. Devesa
  • Total Number of Airbnb Listings: 33
  • Best bedroom size: 1 bedroom
  • Median property price (1 bedroom): €134,000
  • Airbnb Annual revenue: €18,097
  • Gross rental yield: 13.50%
4. Lloret de Mar
  • Distance from Girona:  38 kilometers
  • Total Number of Airbnb Listings: 965
  • Best bedroom size: 2 bedrooms
  • Median property price (2 bedrooms): €150,000
  • Airbnb Annual revenue: €28,783
  • Gross rental yield: 19.19%
5. Calonge
  • Distance from Girona:  41 kilometers
  • Total Number of Airbnb Listings: 403
  • Best bedroom size: 3 bedrooms
  • Median property price (3 bedrooms): €285,000
  • Airbnb Annual revenue: €34,978
  • Gross rental yield: 12.27%
6. Palafrugell
  • Distance from Girona:  52 kilometers
  • Total Number of Airbnb Listings: 657
  • Best bedroom size: 4 bedrooms
  • Median property price (4 bedrooms): €315,000
  • Airbnb Annual revenue: €66,112
  • Gross rental yield: 20.34%
7. Empuriabrava
  • Distance from Girona:  58 kilometers
  • Total Number of Airbnb Listings: 772
  • Best bedroom size: 3 bedrooms
  • Median property price (3 bedrooms): €315,000
  • Airbnb Annual revenue: €31,753
  • Gross rental yield: 10.08%
8. Cadaqués
  • Distance from Girona:  75 kilometers
  • Total Number of Airbnb Listings: 393
  • Best bedroom size: 2 bedrooms
  • Median property price (2 bedrooms): €350,000
  • Airbnb Annual revenue: €31,199
  • Gross rental yield: 8.91%

Conclusion

In summary, Girona can provide investors with beneficial investment opportunities if they target the right areas. For this reason, real estate investors can look forward to obtaining a good cash-on-cash return if they invest in holiday lettings in Girona. 

But before rushing things out in this investment journey, we encourage you to analyze different locations, so that you won’t miss out on better business opportunities. Thus, why not take advantage of the digital era in a smart way by analyzing dynamic data with Airbtics? Like this, you will make data-based decisions and improve your strategies smoothly!

While knowing the best places to invest in Airbnb in Girona can help you start your investment journey on the right foot, you should go further. We recommend you to check out our free Airbnb calculator. Boost your gains and think about long-term profitability now! 

Explore More Profitable Places Around Girona!

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Airbnb Investment All About Airbnb

Best Places to Invest in Airbnb in Guadalajara, Mexico 2023

Key Takeaways

As one of the main economic, political, cultural, and touristic centers of the country, Guadalajara offers plenty of attractive opportunities to investors and Airbnb hosts. For this reason, owning rental properties in this city can become a good passive income source. 

Learn what kind of advantages real estate investors can enjoy when investing in Guadalajara’s housing market.

We unveil the most attractive locations to invest in Guadalajara.As a bonus, we also feature their recommended property types and specific Airbnb dataset. 

Introduction

Nestled in the Atemajac Valley lies one of the most important cities in Mexico, Guadalajara. As the capital of Jalisco, which is the cradle of Mexican pride (mariachi music, tequila, and charreria), Guadalajara is regarded as a leading cultural center abroad. 

Guadalajara is certainly a charming destination where a deep legacy of traditions is perfectly blended with the urban development and beautiful architecture of the city. Since it’s a tourist, economic, and political center, the capital of Jalisco attracts a high number of overnight visitors throughout the year. Thanks to this, the rental market demand remains steady, making it a perfect location to target investment properties.

Yet, there’s an important factor that you should consider before taking the next step in your journey – where are the most profitable areas to invest in Guadalajara, Mexico? 

In this article, you will find out the best places to invest in Airbnb in Guadalajara, Mexico along with some of the expectations when investing in real estate around this location. Continue reading and discover more about this market!

Top reasons to invest in vacation rentals in Guadalajara, Mexico

If you’re looking to achieve the desired financial freedom, perhaps you should consider buying a house and then listing it on platforms like Airbnb. This is because Guadalajara’s rental market can help investors to obtain a good cash-on-cash return.

Wondering what are the main advantages that Guadalajara offers to property investors like you? Then make sure to check out some of the benefits that this wonderful city offers:

  • Healthy economy

Guadalajara is an important economic hub in Mexico and is one of the major contributors to the country’s national income and GDP. The city enjoys a stable economy that keeps growing at a steady rate. The city’s economic stability is widely sustained by its strong services sector. However, the primary sector also plays a significant role in Guadalajara’s financial situation. Additionally, the city is also a major exporter of Mexican products abroad.

On the other hand, the real estate sector is another important contributor that keeps attracting both domestic and foreign investors.

  • A great place to live and invest in

Guadalajara is an important city in the country and is home to a wide range of financial, political, cultural, and educational institutions. Moreover, there are plenty of job opportunities. In fact, this cosmopolitan city has become one of the favorite places for relocation among young professionals.

The housing sector also provides a wide variety of property options, so it’s quite easy to find a house that fits not only your needs but also your budget. Additionally, considering that Guadalajara is a popular tourist destination that receives a great number of overnight visitors, it’s quite easy to obtain a good return on investment by renting out your property. 

  • Enjoy the true spirit of Mexican traditions

Wondering what a true tequila should taste like? That’s great because in Guadalajara you can find cantinas (bars) on almost every street! And before you take another shot of tequila, you should stand up and visit renowned landmarks of Guadalajara such as the Guadalajara Cathedral, Expiatory Temple, and Degollado Theatre, among others.

Of course, we can’t forget to suggest you take your time and engage yourself in a gastronomic tour because you must enjoy Guadalajara’s delicious dishes. Then while you diggest all those tasty foods, you can take a relaxing stroll around Lake Chapala, the largest natural lake in Mexico. There’s certainly no lack of activities in Guadalajara as you can see, and we haven’t mentioned them all! So you will need a lot of energy and positive vibes to fully enjoy this city’s attractions.

Is Airbnb Profitable in Guadalajara, Mexico?

If you’re looking to build a path that will eventually lead you to a financially rewarding experience, then targeting the rental market in Guadalajara is a good idea. In fact, Guadalajara is one of the top 5 cities in Mexico to invest in Airbnb!

However, the level of profitability that a listing can generate highly depends on other factors such as house type and location. Hence, you should take time and consider what would be the best property type for your Airbnb listing.

Based on Airbtics’ data, an Airbnb host can expect an average annual revenue of $12,534 (214,032 MXN) and a median occupancy rate of 50% for operating a 2-bedroom property in Guadalajara.

best places to invest in guadalajara

best places to invest in guadalajara

Best Areas to Invest in Short-Term Rentals in Guadalajara, Mexico

Guadalajara is one of the most populous cities in the country and is divided into 48 localities that are home to lively neighborhoods. Hence, the profitability in each area is consequently different, making it a bit difficult to choose the best place to buy a house and set up your rental property. But we got you!

Check out the 5 best places to invest in real estate in Guadalajara where you can start an Airbnb business:

1. Jardines del Bosque
  • Total Number of Airbnb Listings: 100
  • Best bedroom size: 2 bedrooms
  • Median property price (2 bedrooms): $96,595 (1,650,000 MXN)
  • Airbnb Annual revenue: $15,369 (262,710 MXN)
  • Gross rental yield: 15.91%
2. Obrera
  • Total Number of Airbnb Listings: 102
  • Best bedroom size: 2 bedrooms
  • Median property price (2 bedrooms): $195,000 (3,330,916 MXN)
  • Airbnb Annual revenue: $14,988 (256,197 MXN)
  • Gross rental yield: 7.69%
3. Ladron de Guevara
  • Total Number of Airbnb Listings: 123
  • Best bedroom size: 2 bedrooms
  • Median property price (2 bedrooms): $215,000 (3,672,548 MXN)
  • Airbnb Annual revenue: $13,412 (229,258 MXN)
  • Gross rental yield: 6.24%
4. Americana
  • Total Number of Airbnb Listings: 407
  • Best bedroom size: 2 bedrooms
  • Median property price (2 bedrooms): $210,000 (3,587,140 MXN)
  • Airbnb Annual revenue: $12,247 (209,344 MXN)
  • Gross rental yield: 5.83%
5. Central Zone
  • Total Number of Airbnb Listings: 404
  • Best bedroom size: 1 bedroom
  • Median property price (1 bedroom): $105,376 (1,800,000 MXN)
  • Airbnb Annual revenue: $8,429 (144,081 MXN)
  • Gross rental yield: 8%

Conclusion

Overall, the Guadalajara housing market offers a variety of housing options with different price ranges and some profitable locations that can certainly allow investors to obtain a good return on investment. 

Yet, we recommend analyzing different locations carefully so that you won’t miss out on better investment opportunities. Thus, we recommend you continue your research on finding profitable markets with Airbtics

Now that you have a deeper understanding of the best places to invest in Airbnb in Guadalajara, jump ahead and check Airbtics’ Airbnb income estimator. Immerse yourself in a profitable investment journey by improving your strategies with data-based decisions!

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