Average Vacancy Rates

[Greg Heden]

I am interested in building a STR (New Build Home) in Puerto Penasco, Mexico. Specifically, Playa Encanto. I am in the process of running through the numbers to see how this will pencil out and need the average vacancy and average rental rate. I searched Air B&B and VRBO but only came always with a date specific rate that seems to be highly dependent on demand (difficult to ascertain annual average) and no info on vacancy, what am I missing? I have been on Air DNA but the info is locked out unless subscribed. Thanks so much!

[Account Closed]

Quote from @Greg Heden:

I am interested in building a STR (New Build Home) in Puerto Penasco, Mexico. Specifically, Playa Encanto. I am in the process of running through the numbers to see how this will pencil out and need the average vacancy and average rental rate. I searched Air B&B and VRBO but only came always with a date specific rate that seems to be highly dependent on demand (difficult to ascertain annual average) and no info on vacancy, what am I missing? I have been on Air DNA but the info is locked out unless subscribed. Thanks so much!

I'm not sure what to say. You intend on spending a ton of money in a country  that is not your own with unpredictable future laws and unpredictable cartels and you won't spend a few bucks for AirDNA to get an idea if it's even worth it. Interesting.