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Updated over 2 years ago on . Most recent reply
Airbnb in Puerto Rico during Covid
Anyone here from Puerto Rico who has an Airbnb property in San Juan?
Do you find that your occupancy has dramatically decreased or you've had to lower your average nightly rate during Covid?
I've been looking at online postings and am trying to assess the viability of buying a property to Airbnb in San Juan in 2021.
Most Popular Reply
@Luis Batista All tourist areas in San Juan. Also outside of SJ around the island the last 3 years has seen a boom in people looking to buy for short term rentals. The listings that you are seeing right now in Airbnb are probably not even half, a lot of people converted to long term rent after covid so once things begin to open up, they will also convert back to airbnb. The secret has been out for a while now, so owners have started to sell above appraisals. To find good deals you will need somebody in the island with investing knowledge.
Good luck