Short-Term Rental Investment — Data & ROI in South America 2026
Profitability analysis across 11 countries and 384 cities. Updated occupancy, pricing, and ROI data.
56,884 active properties
11 countries · 384 cities
Mexico
6,230 properties · 31 cities
Argentina
Buenos Aires · Mendoza
10,037 properties · 55 cities
Uruguay
Montevideo · Punta del Este
3,085 properties · 5 cities
Market Summary
Short-term rental data across South America
We analyzed 56884 short-term rental properties across 11 countries and 384 cities in South America, with a median rate of $72/night and an occupancy rate of 53%, generating an estimated revenue of $1,106/month.
Countries to Invest
Sorted by estimated profitability.
Argentina(Buenos Aires)
55 cities · 10,037 listings
Median/Night
$69
Occupancy
70%
Est. Revenue/Mo
$1,366
Brazil
16 cities · 12,623 listings
Median/Night
$70
Occupancy
53%
Est. Revenue/Mo
$1,129
Colombia
42 cities · 7,100 listings
Median/Night
$77
Occupancy
50%
Est. Revenue/Mo
$1,108
Mexico
31 cities · 6,230 listings
Median/Night
$111
Occupancy
53%
Est. Revenue/Mo
$1,708
Paraguay
80 cities · 4,743 listings
Median/Night
$65
Occupancy
37%
Est. Revenue/Mo
$716
Chile
26 cities · 4,532 listings
Median/Night
$62
Occupancy
50%
Est. Revenue/Mo
$869
Uruguay
5 cities · 3,085 listings
Median/Night
$107
Occupancy
37%
Est. Revenue/Mo
$1,146
Costa Rica
98 cities · 2,705 listings
Median/Night
$79
Occupancy
33%
Est. Revenue/Mo
$858
Peru
14 cities · 2,999 listings
Median/Night
$51
Occupancy
50%
Est. Revenue/Mo
$663
Ecuador
10 cities · 1,773 listings
Median/Night
$52
Occupancy
36%
Est. Revenue/Mo
$518
Panama
7 cities · 1,057 listings
Median/Night
$84
Occupancy
43%
Est. Revenue/Mo
$1,083
Best Cities for Short-Term Rentals
Cities with the most properties in South America
Buenos Aires
Argentina
São Paulo
Brazil
Medellín
Colombia
Rio de Janeiro
Brazil
Ciudad de México
Mexico
Asunción
Paraguay
Santiago
Chile
Lima
Peru
Bogotá
Colombia
Montevideo
Uruguay
Punta del Este
Uruguay
Florianópolis
Brazil
Buenos Aires vs Asunción — Comparison
Comparison of the two largest cities
| Metric | Buenos Aires | Asunción |
|---|---|---|
| Listings | 7,944 | 2,383 |
| Median Price/Night | $70 | $61 |
| Occupancy | 73% | 60% |
| Est. Revenue/Mo | $1,458 | $980 |
Buenos Aires
Asunción
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 Mexico
Properties available for purchase in Mexico
Properties for Sale in Paraguay
Properties available for purchase in Paraguay
Properties for Sale in Uruguay
Properties available for purchase in Uruguay
Properties for Sale in Peru
Properties available for purchase in Peru
Properties for Sale in Ecuador
Properties available for purchase in Ecuador
Properties for Rent in Paraguay
Properties available for rent in Paraguay
Properties for Rent in Uruguay
Properties available for rent in Uruguay
Properties for Rent in Costa Rica
Properties available for rent in Costa Rica
Ready to Invest in South America?
Brazil
~$1,129/mes est.
View on MapArgentina
~$1,366/mes est.
View on MapColombia
~$1,108/mes est.
View on MapMexico
~$1,708/mes est.
View on MapParaguay
~$716/mes est.
View on MapChile
~$869/mes est.
View on MapUruguay
~$1,146/mes est.
View on MapPeru
~$663/mes est.
View on MapCosta Rica
~$858/mes est.
View on MapEcuador
~$518/mes est.
View on MapPanama
~$1,083/mes est.
View on MapFrequently Asked Questions About Investing in South America
The most attractive markets for Airbnb investment in the region are: Brazil, Argentina, Colombia, Mexico, Paraguay. Paraguay stands out for having no restrictive regulations and low operating costs, while Argentina offers the largest market with high tourist demand. The median nightly rate across the region is $72. We analyze 56,884 properties across 384 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 56,884 active properties across 384 cities, the region offers opportunities for investors of all profiles — from apartments in capital cities to properties in emerging tourist destinations.
Brazil
Brazil has 12,623 short-term rental properties across 16 cities. The median rate is $70/night with 53% occupancy, generating estimated revenue of $1129/month.
Top cities: São Paulo (6238), Rio de Janeiro (3609), Florianópolis (901), Salvador (749), Armação dos Búzios (416)
Argentina
Argentina has 10,037 short-term rental properties across 55 cities. The median rate is $69/night with 70% occupancy, generating estimated revenue of $1366/month.
Top cities: Buenos Aires (7944), Córdoba (571), San Carlos de Bariloche (401), Mendoza (369), Godoy Cruz (98)
Colombia
Colombia has 7,100 short-term rental properties across 42 cities. The median rate is $77/night with 50% occupancy, generating estimated revenue of $1108/month.
Top cities: Medellín (3919), Bogotá (1613), Cartagena (811), Rionegro (119), Envigado (74)
Mexico
Mexico has 6,230 short-term rental properties across 31 cities. The median rate is $111/night with 53% occupancy, generating estimated revenue of $1708/month.
Top cities: Ciudad de México (3015), Tulum (459), Bahía de Banderas (416), Cancún (402), Oaxaca de Juárez (385)
Paraguay
Paraguay has 4,743 short-term rental properties across 80 cities. The median rate is $65/night with 37% occupancy, generating estimated revenue of $716/month.
Top cities: Asunción (2383), Luque (326), San Bernardino (302), Encarnación (302), Ciudad del Este (292)
Chile
Chile has 4,532 short-term rental properties across 26 cities. The median rate is $62/night with 50% occupancy, generating estimated revenue of $869/month.
Top cities: Santiago (2043), Ñuñoa (551), Providencia (544), Valparaíso (494), Viña del Mar (199)
Uruguay
Uruguay has 3,085 short-term rental properties across 5 cities. The median rate is $107/night with 37% occupancy, generating estimated revenue of $1146/month.
Top cities: Montevideo (1476), Punta del Este (1436), Maldonado (154), Ciudad de la Costa (18), Paso Carrasco (1)
Peru
Peru has 2,999 short-term rental properties across 14 cities. The median rate is $51/night with 50% occupancy, generating estimated revenue of $663/month.
Top cities: Lima (1935), Distrito de Cusco (475), Arequipa (218), Wanchaq (144), Cusco (87)
Costa Rica
Costa Rica has 2,705 short-term rental properties across 98 cities. The median rate is $79/night with 33% occupancy, generating estimated revenue of $858/month.
Top cities: San José (389), Quepos (283), Jacó (265), La Fortuna (255), Cahuita (252)
Ecuador
Ecuador has 1,773 short-term rental properties across 10 cities. The median rate is $52/night with 36% occupancy, generating estimated revenue of $518/month.
Top cities: Cuenca (480), Quito (428), Guayaquil (293), Baños de Agua Santa (231), Parroquia Puerto Ayora (186)
Panama
Panama has 1,057 short-term rental properties across 7 cities. The median rate is $84/night with 43% occupancy, generating estimated revenue of $1083/month.
Top cities: Distrito de Panamá (484), Boquete (216), Chame (191), Bocas del Toro (138), San Miguelito (19)
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
11 cities · 12,737 listings
Argentina
20 cities · 9,946 listings
Colombia
29 cities · 7,147 listings
Mexico
20 cities · 6,269 listings
Paraguay
33 cities · 4,621 listings
Chile
19 cities · 4,516 listings
Uruguay
4 cities · 3,084 listings
Peru
12 cities · 3,077 listings
Costa Rica
28 cities · 2,475 listings
Ecuador
7 cities · 1,770 listings
Panama
5 cities · 1,048 listings
Methodology
The data comes from public Airbnb listings. The nightly rate is the median of real 3-night stay quotes (in USD) for dates in the last 30 days. Occupancy is the median share of nights blocked over those 30 days, read from the calendar before each date, among entire homes that take short stays. The revenue of each property is its rate × occupancy × 30 days, and the median is shown. Each figure uses only properties with enough data (minimum 5) and is updated daily, across 56884 active properties in 11 countries and 384 cities. Airbnb is a registered trademark of Airbnb, Inc. TuLugar is not affiliated with or endorsed by Airbnb.

