Short-Term Rental Investment — Data & ROI in South America 2026

Profitability analysis across 6 countries and 227 cities. Updated occupancy, pricing, and ROI data.

Market Summary

Short-term rental data across South America

We analyzed 30877 short-term rental properties across 6 countries and 227 cities in South America, with a median rate of $86/night and an occupancy rate of 64%, generating an estimated revenue of $1,377/month.

Countries to Invest

Sorted by estimated profitability.

Best Cities for Short-Term Rentals

Cities with the most properties in South America

Buenos Aires vs Asunción — Comparison

Comparison of the two largest cities

Buenos Aires

Listings
6,604
Median Price/Night
$63
Occupancy
79%
Est. Revenue/Mo
$1,527

med. $1,325/mo

Asunción

Listings
2,288
Median Price/Night
$54
Occupancy
63%
Est. Revenue/Mo
$989

med. $879/mo

Real Estate Projects in Paraguay

Projects with available units for investment in Paraguay

Properties for Sale in Brazil

Properties available for purchase in Brazil

Properties for Sale in Argentina

Properties available for purchase in Argentina

Properties for Sale in Paraguay

Properties available for purchase in Paraguay

Properties for Sale in Colombia

Properties available for purchase in Colombia

Properties for Sale in Uruguay

Properties available for purchase in Uruguay

Frequently Asked Questions About Investing in South America

The most attractive markets for Airbnb investment in the region are: Brazil, Argentina, Paraguay, Colombia, Chile. Paraguay stands out for having no restrictive regulations and low operating costs, while Argentina offers the largest market with high tourist demand. The average nightly rate across the region is $86. We analyze 30,877 properties across 227 cities to help you compare.

Short-Term Rental Investment Guide

South America is one of the world's most dynamic regions for short-term rental investment. With 30,877 active properties across 227 cities, the region offers opportunities for investors of all profiles — from apartments in capital cities to properties in emerging tourist destinations.

Brazil

Brazil has 9,347 short-term rental properties across 16 cities. The median rate is $70/night with 67% occupancy, generating estimated revenue of $1252/month.

Top cities: São Paulo (4782), Rio de Janeiro (2741), Florianópolis (600), Salvador (469), Armação dos Búzios (436)

Argentina

Argentina has 7,416 short-term rental properties across 32 cities. The median rate is $63/night with 78% occupancy, generating estimated revenue of $1292/month.

Top cities: Buenos Aires (6604), Córdoba (342), Mendoza (332), Ciudad de Mendoza (301), San Carlos de Bariloche (238)

Paraguay

Paraguay has 4,104 short-term rental properties across 67 cities. The median rate is $58/night with 43% occupancy, generating estimated revenue of $669/month.

Top cities: Asunción (2288), San Bernardino (241), Luque (227), Ciudad del Este (217), Encarnación (97)

Colombia

Colombia has 3,868 short-term rental properties across 83 cities. The median rate is $70/night with 61% occupancy, generating estimated revenue of $1148/month.

Top cities: Medellín (2337), Localidad Usaquén (469), Bogotá (441), Cartagena (310), Comuna 14 - El Poblado (111)

Chile

Chile has 3,504 short-term rental properties across 24 cities. The median rate is $54/night with 75% occupancy, generating estimated revenue of $1068/month.

Top cities: Santiago (2259), Valparaíso (280), Ñuñoa (276), Viña del Mar (202), Providencia (95)

Uruguay

Uruguay has 2,638 short-term rental properties across 5 cities. The median rate is $102/night with 32% occupancy, generating estimated revenue of $951/month.

Top cities: Montevideo (1315), Punta del Este (1193), Maldonado (111), Ciudad de la Costa (18), Paso Carrasco (1)

How to Start Investing

  1. Research the market: Compare cities and their profitability metrics on this page.
  2. Define your budget: Explore properties for sale and available real estate projects.
  3. Contact professionals: Connect with local agencies and developers for guidance.
  4. Analyze profitability: Use our occupancy and revenue data to project your return on investment.

Methodology

The data in this analysis comes from public Airbnb listings across South America. Prices are calculated from published rates, occupancy is estimated through calendar availability analysis, and revenue is projected using the formula: median rate x occupancy x 30 days. Data is updated daily and represents a sample of 30877 active properties across 6 countries and 227 cities. Airbnb is a registered trademark of Airbnb, Inc. TuLugar is not affiliated with or endorsed by Airbnb.