Airbnb in Barranquilla: is it really profitable?

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A team specialized in real estate investing in LATAM countries

We are a team of financial experts, legal professionals, developers, and local real estate specialists dedicated to helping people like you avoid mistakes when investing in real estate in a foreign place, particularly in Barranquilla. If you'd like to learn more about us, you can check our presentation page.

What are the most popular neighborhoods in Barranquilla for short-term rentals right now?

Alto Prado stands out as the most sought-after neighborhood for Airbnb properties in Barranquilla as of September 2025.

This upscale area offers the perfect combination of safety, proximity to nightlife, upscale restaurants, and shopping centers that attract both business and leisure travelers. The neighborhood's reputation for security makes it particularly appealing to international guests who prioritize safety during their stay.

El Prado ranks as the second most popular choice due to its historic charm and central location. The area features beautiful colonial architecture and provides easy access to the city's main cultural attractions and business districts. Properties in El Prado benefit from a good mix of short-term and long-term rental demand, creating more stable occupancy rates throughout the year.

Riomar completes the top three neighborhoods with its modern infrastructure and beachfront proximity. This area attracts guests seeking a more contemporary experience with access to major shopping malls, parks, and coastal activities. The neighborhood's upscale character and well-maintained properties command premium nightly rates, especially during peak tourist seasons.

Metropolitana and Perímetro Urbano serve as solid alternatives for investors seeking more affordable entry points while still maintaining good rental performance.

What types of properties tend to get the highest occupancy and nightly rates in this market?

One and two-bedroom apartments dominate Barranquilla's Airbnb market, representing over 50% of all listings and achieving the highest occupancy rates in the city.

These smaller units consistently outperform larger properties in terms of booking frequency because they cater to the most common traveler profiles: couples, solo business travelers, and small groups. The demand from couples and solo travelers remains steady throughout the year, providing more predictable income streams for property owners.

Two-bedroom apartments strike the optimal balance between occupancy rates and nightly pricing, typically earning $40-$56 per night while maintaining occupancy rates of 14-22 nights per month. These properties attract both leisure travelers who want extra space and small business groups, creating diverse booking opportunities throughout different seasons.

Three-bedroom properties and larger units command higher nightly rates, often exceeding $50 per night, but experience lower overall occupancy rates of 10-18 nights per month. These properties perform exceptionally well during peak periods like Carnival season, major concerts, and holiday months when families and larger groups visit the city.

Modern apartments with amenities like air conditioning, reliable Wi-Fi, and updated furnishings significantly outperform older properties regardless of size, often achieving 20-30% higher occupancy rates than comparable units without these features.

How much does an average property cost to buy in each of those prime neighborhoods?

What is the typical occupancy rate for Airbnbs in Barranquilla over the year?

Barranquilla's Airbnb market achieves an average occupancy rate of 44% city-wide as of September 2025, with high-performing properties in prime neighborhoods reaching above 70%.

Properties in Alto Prado and Riomar consistently achieve occupancy rates between 55-70% due to their superior location, safety profile, and proximity to business districts. These neighborhoods benefit from steady demand from both business travelers and tourists throughout the year, creating more stable booking patterns compared to other areas.

Seasonal variations significantly impact occupancy rates across the city, with peak periods during Carnival season (February-March), summer holidays (July-August), and major events pushing occupancy rates up to 80-90% for well-positioned properties. During these peak times, even average properties can achieve occupancy rates of 60-70%.

El Prado properties typically maintain occupancy rates of 50-65% due to the neighborhood's central location and appeal to cultural tourists. The historic character of the area attracts visitors interested in Barranquilla's heritage and architecture, providing a steady stream of bookings outside peak tourist seasons.

Properties in secondary neighborhoods like Metropolitana and Perímetro Urbano generally achieve occupancy rates of 35-50%, though well-managed properties with competitive pricing can reach the city average of 44%.

What is the average nightly rate and how much does it fluctuate by season?

Average nightly rates in Barranquilla range from $38 to $56 depending on property size and location, with significant seasonal fluctuations during major events and holidays.

One-bedroom apartments and studios typically command nightly rates of $38-$43, while two-bedroom units achieve $40-$56 per night in prime neighborhoods. Three-bedroom properties and larger units can exceed $50 per night, particularly in Alto Prado and Riomar where guests expect premium amenities and locations.

Seasonal rate fluctuations can increase nightly prices by 50-100% during peak periods. Carnival season (February-March) represents the most lucrative time for Airbnb hosts, with nightly rates often doubling compared to low season rates. Properties that normally rent for $45 per night can command $90-$120 during Carnival week.

Summer holidays (July-August) and major concerts or sporting events create secondary peak periods where rates increase by 30-60% above baseline pricing. During these times, two-bedroom apartments in prime areas can achieve nightly rates of $65-$80, significantly boosting monthly income potential.

It's something we develop in our Colombia property pack.

What is the realistic monthly gross rental income a host can expect for different property sizes?

What are the main operating costs, from cleaning and utilities to Airbnb fees and maintenance?

Operating costs for Barranquilla Airbnb properties typically consume 30-40% of gross rental income, with utilities and cleaning representing the largest expense categories.

Airbnb platform fees amount to 3% of booking revenue, which is relatively modest compared to other operational expenses. This fee covers payment processing and platform usage, making it a predictable cost that's easy to budget for when calculating potential returns.

Cleaning costs range from $30-$50 per turnover, depending on property size and local cleaning service rates. Properties with higher turnover rates face proportionally higher cleaning expenses, though many hosts offset this by charging guests a cleaning fee. For a property with 15 bookings per month, cleaning costs can reach $450-$750 monthly.

Utilities including electricity, water, and internet typically cost $60-$120 per month, with electricity being the major component due to air conditioning usage. Properties with multiple AC units or those targeting guests who expect constant cooling can see utility bills exceeding $150 per month during hot seasons.

Additional operational expenses include HOA or building fees ($30-$80 monthly), maintenance and supplies ($30-$60 monthly), and property management fees (10-25% of gross revenue if outsourced). Insurance and property taxes add another $40-$100 monthly depending on property value and coverage levels.

What does that leave as gross yield, and how does it compare to the purchase price?

Barranquilla's Airbnb market delivers gross yields averaging 6% city-wide, with prime neighborhoods like El Prado achieving 7-9% due to stronger and more consistent demand.

A two-bedroom apartment generating $950 monthly gross income ($11,400 annually) with a purchase price of $130,000 would achieve a gross yield of approximately 8.8%. This calculation demonstrates the attractive returns available in prime locations where properties command higher nightly rates and maintain better occupancy levels.

Properties in Alto Prado and Riomar typically achieve gross yields of 6-8%, reflecting their higher purchase prices but also their ability to command premium nightly rates and maintain strong occupancy throughout the year. The consistent demand in these neighborhoods from business travelers and upscale tourists supports stable revenue streams.

Secondary neighborhoods like Metropolitana and Perímetro Urbano can achieve gross yields of 7-10% due to lower property acquisition costs, though these areas may experience more volatility in occupancy rates and face greater competition from new developments.

Gross yield calculations should factor in seasonal variations, as properties achieving 8-10% yields during peak months might see yields drop to 4-6% during slower periods, resulting in the 6-9% annual averages observed across different neighborhoods.

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After taxes, management fees, and unexpected costs, what's the likely net yield?

Net yields for Barranquilla Airbnb properties typically range from 3.5% to 5.5% after accounting for all taxes, management fees, and unexpected maintenance costs.

Self-managed properties in prime neighborhoods achieve the higher end of this range (4.5-5.5%) because owners can avoid the 10-25% management fees charged by professional property management companies. However, self-management requires significant time investment and local knowledge to handle guest communications, cleaning coordination, and maintenance issues.

Properties using professional management services typically see net yields of 3.5-4.5%, as management fees consume 10-25% of gross revenue depending on the level of service provided. Full-service management including guest communication, cleaning coordination, maintenance, and revenue optimization can cost up to 25% but often improves occupancy rates and guest satisfaction.

Colombian income tax applies to Airbnb rental income, with rates varying based on total annual income and residency status. Foreign investors should budget 15-25% of net rental income for tax obligations, depending on their specific tax situation and any applicable tax treaties.

Unexpected costs including emergency repairs, guest damages, and equipment replacement typically consume 2-5% of gross annual income. Properties with quality furnishings and regular maintenance tend to experience fewer unexpected expenses, while older properties or those with budget furnishings face higher surprise costs that can reduce net yields.

Are there any restrictions, taxes, or special permits required for running an Airbnb in Barranquilla?

Barranquilla requires municipal registration for short-term rental operations, with regulations becoming increasingly strict as of September 2025, particularly for properties in condominiums and apartment buildings.

Property owners must obtain proper municipal permits and licensing before operating short-term rentals, though the specific requirements and enforcement levels vary by neighborhood and building type. Some buildings have completely prohibited short-term rentals through HOA regulations, making it essential to verify building bylaws before purchasing an investment property.

Municipal lodging taxes apply to short-term rental income in addition to regular Colombian income tax obligations. These local taxes are typically calculated as a percentage of gross rental income and must be paid quarterly or annually depending on local regulations. The exact tax rate can vary but generally ranges from 1-3% of gross rental revenue.

Building HOA or cooperative regulations represent a significant restriction, as many residential buildings have amended their rules to limit or prohibit short-term rentals entirely. Investors must carefully review building bylaws and HOA regulations before purchasing, as violations can result in fines or forced discontinuation of rental operations.

Future regulatory changes may impose additional restrictions including limits on the number of days per year properties can be rented short-term, similar to regulations implemented in other Colombian cities. Staying informed about regulatory developments is crucial for long-term investment planning.

Would a long-term rental generate more consistent returns compared to Airbnb in this city?

Long-term rentals in Barranquilla provide more consistent returns with lower yields, typically generating 20-30% less income than successful Airbnb operations but with significantly reduced management complexity and risk.

Traditional long-term rentals achieve gross yields of 4-6% annually with much lower vacancy rates, typically under 10% compared to the 56% vacancy inherent in a 44% Airbnb occupancy rate. This consistency appeals to investors seeking predictable cash flows without the daily management requirements of short-term rentals.

Operating costs for long-term rentals are substantially lower, typically 15-25% of gross income compared to 30-40% for Airbnb properties. Long-term tenants handle their own cleaning, use utilities more efficiently, and create less wear and tear on furniture and appliances, reducing overall maintenance expenses and management time.

Regulatory risk is significantly lower for long-term rentals, as they face fewer restrictions and are less likely to be affected by changing municipal regulations targeting short-term rental operations. This stability provides greater certainty for long-term investment planning and exit strategies.

However, high-quality Airbnb properties in prime neighborhoods like Alto Prado, Riomar, and El Prado consistently outperform long-term rentals in total returns when properly managed, often achieving 2-4 percentage points higher net yields despite higher operating costs and management requirements.

It's something we develop in our Colombia property pack.

We did some research and made this infographic to help you quickly compare rental yields of the major cities in Colombia versus those in neighboring countries. It provides a clear view of how this country positions itself as a real estate investment destination, which might interest you if you're planning to invest there.

How have demand and profitability for Airbnbs in Barranquilla changed over the past few years?

Demand for Airbnb properties in Barranquilla has shown steady growth from 2023 through 2025, driven by improved city infrastructure, enhanced tourism marketing, and increased business travel to the city.

The city's growing reputation as a business and cultural destination has attracted more domestic and international visitors, creating consistent demand for quality short-term rental accommodations. Major infrastructure improvements including transportation upgrades and commercial development have made Barranquilla more accessible and attractive to travelers.

Profitability has remained stable to slightly positive during this period, particularly in established neighborhoods where supply growth hasn't outpaced demand increases. Properties in Alto Prado, Riomar, and El Prado have consistently outperformed newer or secondary locations due to their established reputation and prime positioning.

The increased presence of digital nomads and remote workers has created new demand segments for longer-stay bookings (7-30 days), which often provide better profit margins due to reduced cleaning and management costs per night. This trend has particularly benefited properties with dedicated workspaces and reliable internet connectivity.

However, newly developed neighborhoods have experienced more volatile returns as increased supply has created additional competition. Areas with rapid new construction have seen occupancy rates fluctuate more significantly, making established prime neighborhoods increasingly attractive for investors seeking stable returns.

It's something we develop in our Colombia property pack.

Conclusion

This article is for informational purposes only and should not be considered financial advice. Readers are advised to consult with a qualified professional before making any investment decisions. We do not assume any liability for actions taken based on the information provided.

Sources

1. Xixerone - Where to Stay in Barranquilla Best Areas
2. The LatinVestor - Barranquilla Real Estate Market
3. Agoda - Barranquilla Apartments
4. Expedia - Barranquilla Where To Stay
5. AirROI - Perímetro Urbano Barranquilla Report
6. AirROI - Barranquilla Report
7. Properstar - Barranquilla House Prices
8. The LatinVestor - Colombia Price Forecasts
9. Airbtics - Annual Airbnb Revenue Barranquilla
10. AirDNA - Barranquilla Vacation Rental Data