We analyzed 32328 short-term rental properties across 6 countries and 233 cities in South America, with a median rate of $89/night and an occupancy rate of 58%, generating an estimated revenue of $1,310/month.

Countries to Invest

Sorted by estimated profitability.

#	Country	Cities	Listings	Median/Night	Occupancy	Est. Revenue/Mo	Gross yield
1	Argentina(Buenos Aires)	32	7,891	$77	63%	$1,348 med. $1,140/mo	13.7%
2	Brazil	16	9,185	$88	58%	$1,480 med. $1,192/mo	13.3%
3	Paraguay	67	4,417	$85	40%	$760 med. $516/mo	10.6%
4	Colombia	89	4,782	$95	57%	$1,503 med. $1,178/mo	10.4%
5	Chile	24	3,478	$64	65%	$1,160 med. $1,085/mo	8.8%
6	Uruguay	5	2,575	$155	39%	$1,370 med. $856/mo	8.6%

Gross annual yield = a year of Airbnb revenue over the median apartment sale price. Gross: before cleaning, platform fees, management, furnishing and tax. Sorting by monthly income answers “how much does it bill”; sorting by yield answers “is it worth buying”, which is not the same question.

Argentina(Buenos Aires)

32 cities · 7,891 listings

Median/Night

$77

Occupancy

63%

Est. Revenue/Mo

$1,348

med. $1,140/mo

Brazil

16 cities · 9,185 listings

Median/Night

$88

Occupancy

58%

Est. Revenue/Mo

$1,480

med. $1,192/mo

Paraguay

67 cities · 4,417 listings

Median/Night

$85

Occupancy

40%

Est. Revenue/Mo

$760

med. $516/mo

Colombia

89 cities · 4,782 listings

Median/Night

$95

Occupancy

57%

Est. Revenue/Mo

$1,503

med. $1,178/mo

Chile

24 cities · 3,478 listings

Median/Night

$64

Occupancy

65%

Est. Revenue/Mo

$1,160

med. $1,085/mo

Uruguay

5 cities · 2,575 listings

Median/Night

$155

Occupancy

39%

Est. Revenue/Mo

$1,370

med. $856/mo

Best Cities for Short-Term Rentals

Cities with the most properties in South America

Buenos Aires

Argentina

São Paulo

Brazil

Rio de Janeiro

Brazil

Medellín

Colombia

Asunción

Paraguay

Santiago

Chile

Montevideo

Uruguay

Punta del Este

Uruguay

Florianópolis

Brazil

Cartagena

Colombia

Salvador

Brazil

Bogotá

Colombia

Buenos Aires vs Asunción — Comparison

Comparison of the two largest cities

Metric	Buenos Aires	Asunción
Listings	6,545	2,314
Median Price/Night	$63	$57
Occupancy	74%	56%
Est. Revenue/Mo	$1,418 med. $1,196/mo	$955 med. $860/mo

Buenos Aires

Listings

6,545

Median Price/Night

$63

Occupancy

74%

Est. Revenue/Mo

$1,418

med. $1,196/mo

Asunción

Listings

2,314

Median Price/Night

$57

Occupancy

56%

Est. Revenue/Mo

$955

med. $860/mo

Real Estate Projects in Paraguay

Projects with available units for investment in Paraguay

By developer

Project ·Aregua Forest - Country Residences

Contact for pricing

439 available · 559 units

By developer

Project ·Palmanova Las Lomas

From $109,952

208 available · 233 units

By developer

Project ·Palmanova Center

From $131,502

203 available · 239 units

By developer

Project ·Aether by Civis

From $92,890

21 available · 237 units

By developer

Project ·Eminent Torre I

Contact for pricing

20 available · 20 units

By developer

Project ·Eminent Torre II

Contact for pricing

19 available · 19 units

By developer

Project ·First Element

From $89,198

17 available · 412 units

By developer

Project ·Civis XI

From $76,890

12 available · 196 units

Properties for Sale in Brazil

Properties available for purchase in Brazil

Sale · Land

...

Canto Grande, Bombinhas

320m²

View all properties

Properties for Sale in Argentina

Properties available for purchase in Argentina

Sale · Land

...

Los Pocitos

351383m²

Sale · Land

...

Nanawa

1040000m²

Sale · House

...

Nanawa

12100m²

Sale · Land

...

Itá Enramada, Nanawa

1200m²

View all properties

Properties for Sale in Colombia

Properties available for purchase in Colombia

Sale · House

...

Puerto Colombia

43120m²

Sale · Commercial

...

Sale · Apartment

...

Cañada del Ybyray, Asunción

1157m²

View all properties

Properties for Sale in Chile

Properties available for purchase in Chile

Sale · Land

...

Sale · Apartment

...

Rent · Apartment

... /mes

Rent · Apartment

... /mes

Palermo, Montevideo

2160m²

View all properties

Ready to Invest in South America?

Brazil

~$1,192/mes est.

View on Map

Argentina

~$1,140/mes est.

View on Map

Colombia

~$1,178/mes est.

View on Map

Paraguay

~$516/mes est.

View on Map

Chile

~$1,085/mes est.

View on Map

Uruguay

~$856/mes est.

View on Map

Agencies Developers Relocation Guide

Frequently Asked Questions About Investing in South America

The most attractive markets for Airbnb investment in the region are: Brazil, Argentina, Colombia, Paraguay, 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 $89. We analyze 32,328 properties across 233 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 32,328 active properties across 233 cities, the region offers opportunities for investors of all profiles — from apartments in capital cities to properties in emerging tourist destinations.

Brazil

Brazil has 9,185 short-term rental properties across 16 cities. The median rate is $70/night with 63% occupancy, generating estimated revenue of $1192/month.

Top cities: São Paulo (4608), Rio de Janeiro (2709), Florianópolis (603), Salvador (466), Armação dos Búzios (434)

Argentina

Argentina has 7,891 short-term rental properties across 32 cities. The median rate is $63/night with 69% occupancy, generating estimated revenue of $1140/month.

Top cities: Buenos Aires (6545), Mendoza (327), Córdoba (295), San Carlos de Bariloche (218), San Nicolás de los Arroyos (71)

Colombia

Colombia has 4,782 short-term rental properties across 89 cities. The median rate is $72/night with 60% occupancy, generating estimated revenue of $1178/month.

Top cities: Medellín (2351), Cartagena (555), Bogotá (435), Localidad Usaquén (410), Localidad Chapinero (193)

Paraguay

Paraguay has 4,417 short-term rental properties across 67 cities. The median rate is $60/night with 29% occupancy, generating estimated revenue of $516/month.

Top cities: Asunción (2314), San Bernardino (290), Ciudad del Este (265), Luque (227), Encarnación (222)

Chile

Chile has 3,478 short-term rental properties across 24 cities. The median rate is $56/night with 75% occupancy, generating estimated revenue of $1085/month.

Top cities: Santiago (2248), Valparaíso (280), Ñuñoa (278), Viña del Mar (202), Providencia (94)

Uruguay

Uruguay has 2,575 short-term rental properties across 5 cities. The median rate is $104/night with 28% occupancy, generating estimated revenue of $856/month.

Top cities: Montevideo (1275), Punta del Este (1170), Maldonado (110), Ciudad de la Costa (19), Paso Carrasco (1)

How to Start Investing

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

All Cities with Short-Term Rental Data

Explore the market in every city across South America

Brazil

9 cities · 9,287 listings

São Paulo (4608)Rio de Janeiro (2709)Florianópolis (603)Salvador (466)Armação dos Búzios (434)Foz do Iguaçu (251)Brasília (127)Niterói (45)Cabo Frio (44)

Argentina

9 cities · 7,551 listings

Buenos Aires (6545)Mendoza (327)Córdoba (295)San Carlos de Bariloche (218)San Nicolás de los Arroyos (71)Posadas (64)Villa Los Coihues (11)Villa Llao Llao (10)Puerto Iguazú (10)

Colombia

26 cities · 4,640 listings

Paraguay

32 cities · 4,322 listings

Chile

16 cities · 3,457 listings

Santiago (2248)Valparaíso (280)Ñuñoa (278)Viña del Mar (202)Providencia (94)Estación Central (76)Independencia (75)San Miguel (42)Recoleta (38)Concón (22)La Florida (21)Quinta Normal (19)San Joaquín (19)Macul (18)La Cisterna (14)Casablanca (11)

Uruguay

4 cities · 2,574 listings

Montevideo (1275)Punta del Este (1170)Maldonado (110)Ciudad de la Costa (19)

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 32328 active properties across 6 countries and 233 cities. Airbnb is a registered trademark of Airbnb, Inc. TuLugar is not affiliated with or endorsed by Airbnb.