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Airbnb in Concepción Region: is it really profitable?

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Authored by the expert who managed and guided the team behind the Chile Property Pack

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Airbnb investment in Concepción Region offers promising returns with gross yields averaging 5.6% annually. The market shows strong demand for 1-2 bedroom apartments, particularly in central neighborhoods and coastal areas. However, operators must navigate seasonal fluctuations and increasing operational costs to achieve profitable returns.

As of September 2025, the Concepción Region Airbnb market presents compelling opportunities for property investors seeking higher yields than traditional rental properties. Downtown properties and tourist-friendly neighborhoods consistently outperform, while regulatory restrictions remain minimal compared to major Chilean cities.

If you want to go deeper, you can check our pack of documents related to the real estate market in Chile, based on reliable facts and data, not opinions or rumors.

How this content was created 🔎📝

At The LatinVestor, we explore the Chilean real estate market every day. Our team doesn't just analyze data from a distance—we're actively engaging with local realtors, investors, and property managers in cities like Santiago, Concepción, and Valparaíso. This hands-on approach allows us to gain a deep understanding of the market from the inside out.

These observations are originally based on what we've learned through these conversations and our observations. But it was not enough. To back them up, we also needed to rely on trusted resources

We prioritize accuracy and authority. Trends lacking solid data or expert validation were excluded.

Trustworthiness is central to our work. Every source and citation is clearly listed, ensuring transparency. A writing AI-powered tool was used solely to refine readability and engagement.

To make the information accessible, our team designed custom infographics that clarify key points. We hope you will like them! All illustrations and media were created in-house and added manually.

What types of properties perform best on Airbnb in Concepción Region?

Apartment and condo properties dominate the Concepción Region Airbnb market, representing 89% of all active listings as of September 2025.

Entire home or apartment listings make up 85% of the market, indicating that guests prefer privacy and independence over shared accommodations. One-bedroom units form the largest segment at 51.3% of listings, while one and two-bedroom units together comprise nearly 80% of the total market.

Properties designed for 2 guests (38.5% of listings) and 4 guests (19.3% of listings) dominate the market, primarily serving couples and solo travelers. This concentration suggests the market is well-suited for business travelers, romantic getaways, and small family vacations.

Larger accommodations for 6+ guests represent only 8.7% of the market, indicating potential underserved demand for group travel and family reunions. Studios and one-bedroom apartments offer the best balance of affordability for guests and profitability for hosts in this market.

Which neighborhoods attract the highest Airbnb demand in Concepción?

Downtown Concepción and Plaza de la Independencia consistently generate the highest occupancy rates and nightly rates in the region.

These central areas attract urban explorers seeking cultural sites, dining options, and nightlife experiences. Properties in these neighborhoods typically command 20-30% higher nightly rates compared to suburban locations, with occupancy rates reaching 65-74% for well-managed properties.

Coastal neighborhoods including Penco and Talcahuano attract beach and maritime tourism, particularly during summer months from December to March. These areas see seasonal demand spikes with nightly rates increasing by 40-50% during peak season.

The Universidad de Concepción area serves academic travelers, visiting professors, and student families, providing steady year-round demand. Cerro Caracol appeals to nature lovers seeking scenic and quiet accommodations, while San Pedro de la Paz attracts families with beach and nature reserve access.

Chiguayante offers good amenities and appeals to business commuters, providing consistent mid-week bookings throughout the year.

How do property sizes affect nightly rates and occupancy in Concepción?

Studios and one-bedroom properties achieve the highest occupancy rates but command lower nightly rates in the Concepción Region market.

Studios and one-bedroom units typically earn $38-$47 median nightly rates but can achieve occupancy rates up to 74% for best-in-class properties. These smaller units benefit from strong demand from couples and solo travelers, who represent the majority of visitors to the region.

Two-bedroom properties command higher nightly rates up to $59 median for strong performers, but typically experience slightly lower occupancy rates around 50-65%. These properties attract small families and business travelers requiring additional space.

Three-bedroom and larger homes offer the highest nightly rates and gross monthly income potential but represent a small market share. These larger properties may experience lower occupancy rates due to limited demand from large groups, requiring strategic pricing and marketing to maximize returns.

The optimal property size for consistent returns appears to be one-bedroom units, which match market demand patterns while maintaining strong occupancy throughout the year.

What are the average nightly rates and occupancy rates for Airbnb listings in Concepción?

The median nightly rate across all property types in Concepción Region is $47 as of September 2025.

Performance Tier Nightly Rate Range Occupancy Rate Monthly Revenue
Best-in-class properties $77+ 74% $1,171+
Above-average properties $55-$76 55-65% $800-$1,100
Typical properties $40-$54 44% $623
Below-average properties $30-$39 25-35% $400-$500
Entry-level properties $38 17% $350

Median occupancy rates sit at 44% for typical properties, with significant variation based on property quality, location, and management. Top-performing listings achieve occupancy rates of 74%, while entry-level properties struggle with only 17% occupancy.

Average monthly revenue reaches approximately $623 for median properties, translating to roughly $7,000 annually. Best-in-class properties can generate $1,171+ monthly during peak periods, demonstrating the importance of property selection and management quality.

Seasonal variations significantly impact these figures, with summer months (December-March) showing occupancy rates 40-60% higher than winter months (June-August).

How does gross rental income compare across different property types and neighborhoods in Concepción?

Properties in central and tourist-friendly neighborhoods consistently outperform suburban locations in gross rental income generation.

Downtown Concepción and Plaza de la Independencia properties generate 25-35% higher gross income compared to similar properties in residential neighborhoods. Studios and one-bedroom units in these prime locations typically gross $515-$650 monthly, while identical properties in suburban areas earn $400-$500 monthly.

Coastal neighborhoods including Penco and Talcahuano show strong seasonal performance, with gross income increasing by 50-70% during summer months but dropping significantly during winter. Annual gross income in these areas averages $6,500-$8,500 for well-positioned properties.

Top-performing units across all neighborhoods can achieve $1,171+ monthly gross income, particularly those combining prime location, excellent amenities, and professional management. These represent the top 10-15% of the market and require significant upfront investment in property quality and furnishing.

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Neighborhood selection proves more critical than property size for maximizing gross income, with location premiums often exceeding the income differences between property types.

What are the typical operating expenses for running an Airbnb in Concepción?

Operating costs in Concepción Region typically range from 30-70% of gross income, varying significantly based on property management approach and guest turnover rates.

1. **Cleaning costs:** $25-$50 per turnover, varying by property size and local service rates2. **Utilities:** $50-$100 monthly depending on guest usage patterns and property size3. **Airbnb platform fees:** 3% of each booking amount4. **Maintenance and repairs:** 5-10% of annual gross income budget requirement5. **Management fees:** 10-20% of gross revenue if outsourced to professional companies6. **Insurance:** $200-$400 annually for short-term rental coverage7. **Supplies and amenities:** $50-$100 monthly for linens, toiletries, and guest essentials8. **Marketing and photography:** $200-$500 annually for professional listing optimization

Cleaning represents the most variable expense, particularly for properties with high turnover rates. Properties achieving 60%+ occupancy may incur cleaning costs 15-20 times monthly, significantly impacting net returns.

Utility costs fluctuate seasonally, with summer months requiring air conditioning and winter months increasing heating expenses. Properties in coastal areas may face higher utility costs due to humidity and salt air exposure.

Professional management services, while reducing owner time investment, typically consume 15-20% of gross revenue but can improve occupancy rates and guest satisfaction scores.

What gross yields can property owners expect before deducting expenses?

Gross yields in Concepción Region average 5.61% annually across all property types, with significant variation based on property size and location.

One-bedroom properties deliver the highest gross yields at 5.98% annually, with average purchase prices of $97,300 generating $485 monthly gross income. These properties offer the best balance of affordability and income generation in the current market.

Two-bedroom properties yield 5.51% annually with average purchase prices of $136,200 producing $625 monthly gross income. While offering higher absolute income, the yield percentage decreases due to higher property acquisition costs.

Three-bedroom properties provide 5.33% gross yields annually, with average purchase prices of $150,800 generating $670 monthly gross income. These larger properties require higher investment but may experience lower occupancy rates.

Prime location properties can achieve gross yields of 6.5-8.0%, particularly in downtown Concepción and coastal tourist areas. These premium locations command purchase price premiums of 20-30% but generate proportionally higher rental income.

What net yields remain after factoring in all operating costs and expenses?

Net yields in Concepción Region typically range between 3.5-4.1% after accounting for all operating expenses, maintenance, management fees, and taxes.

Best-performing properties in prime locations can achieve net yields of 5.5-6.0%, particularly those with efficient management and strategic pricing. These top-tier properties typically feature professional photography, dynamic pricing strategies, and excellent guest experience management.

Average properties experience net yields approximately 1.5-2.0 percentage points below gross yields due to operating expenses. Properties with occupancy rates above 60% typically maintain better net yield margins due to economies of scale in cleaning and management costs.

Seasonal properties in coastal areas may show higher net yields during peak months (December-March) but experience significant losses during low season (June-August). Annual net yields for these properties require careful cash flow management throughout the year.

Properties requiring extensive management or frequent maintenance may see net yields drop to 2.5-3.0%, particularly older buildings or those in less desirable locations with higher vacancy rates.

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How do short-term rental returns compare with traditional long-term rentals in Concepción?

Short-term Airbnb rentals in Concepción Region typically generate 15-25% higher gross yields compared to traditional long-term lease agreements.

Airbnb properties achieve gross yields averaging 5.6-5.9% annually, while traditional long-term rentals typically yield 4.8-5.3% annually. This yield advantage comes from higher daily rates and the ability to adjust pricing based on demand and seasonality.

However, long-term rentals offer significantly more stable income streams with predictable monthly cash flows and lower vacancy risks. Traditional leases in Concepción Region typically maintain 95-98% occupancy compared to Airbnb's 44% median occupancy rate.

Operational complexity differs substantially between the two strategies. Long-term rentals require minimal ongoing management once tenants are placed, while Airbnb properties demand continuous guest communication, cleaning coordination, and maintenance oversight.

Net yields after expenses show a smaller gap, with Airbnb properties typically achieving 3.5-4.1% net yields compared to 3.8-4.5% for well-managed long-term rentals. The higher gross income from Airbnb gets partially offset by increased operating expenses and vacancy periods.

What local regulations and restrictions affect short-term rentals in Concepción?

Concepción Region currently maintains a relatively low-regulation environment for short-term rentals compared to major Chilean cities like Santiago.

As of September 2025, no specific municipal licenses or permits are required to operate Airbnb properties in most Concepción neighborhoods. However, hosts must comply with standard zoning laws and building regulations that apply to all residential properties.

Condominium and homeowners association (HOA) rules present the most common restriction for potential Airbnb operators. Many multi-unit buildings include clauses prohibiting short-term rentals in their governing documents, which property buyers must carefully review before purchasing.

Tax compliance requirements apply to all Airbnb income, with hosts required to declare rental income and pay applicable taxes. The current tax rate for short-term rental income typically ranges from 10-15% depending on total annual income levels.

Regulatory changes remain possible as the short-term rental market grows. Other Chilean cities have implemented stricter rules, and Concepción may follow similar patterns if neighborhood complaints or housing shortage concerns increase.

infographics rental yields citiesConcepción Region

We did some research and made this infographic to help you quickly compare rental yields of the major cities in Chile 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 stable is Airbnb demand throughout the year in Concepción?

Concepción Region experiences moderate seasonal fluctuations in Airbnb demand, with summer months showing significantly higher occupancy and rates.

Peak season occurs during Chilean summer (December-March), when monthly occupancy rates reach 54% compared to low season (June-August) occupancy of 28-36%. This seasonal variation requires careful cash flow planning and pricing strategies to maintain profitability year-round.

February represents the strongest month for both occupancy and nightly rates, coinciding with Chilean summer holidays and university activities. Properties in coastal areas like Penco and Talcahuano see particularly dramatic seasonal swings during this period.

Shoulder seasons (April-May and September-November) provide moderate demand levels, typically achieving 40-45% occupancy rates. Strategic promotional pricing during these periods can help maintain steady income flow between peak and low seasons.

Winter months (June-August) present the greatest challenge for Airbnb operators, with some properties experiencing occupancy rates below 25%. Successful operators often use this period for property maintenance, renovations, or consider temporary long-term lease arrangements to maintain income.

University-area properties show less seasonal variation due to academic calendar demands, while downtown business properties maintain more consistent year-round demand from business travelers and conference attendees.

Is running an Airbnb in Concepción more profitable than alternative property investment strategies?

Airbnb operations in Concepción Region can generate higher returns than traditional rental properties but require significantly more time, effort, and market knowledge to achieve success.

Financial comparison favors Airbnb for experienced operators willing to actively manage properties. Well-executed Airbnb strategies achieve net yields of 4.5-6.0% compared to 3.8-4.5% for traditional rentals and 2.5-3.5% for basic buy-and-hold strategies.

However, alternative investment considerations include:

1. **Traditional rental properties:** Lower yields but minimal management, stable cash flow, and easier financing options2. **Commercial real estate:** Higher yields (6-8%) but larger capital requirements and longer vacancy periods3. **Real estate development:** Potentially higher returns (10-15%) but significant risk and capital requirements4. **REITs and property funds:** Lower returns (4-6%) but complete liquidity and professional management

Risk assessment shows Airbnb properties face multiple challenges including regulatory changes, seasonal demand fluctuations, and higher operational complexity. Property damage, difficult guests, and platform policy changes create additional risks not present in traditional investments.

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Success factors for profitable Airbnb operations include prime location selection, professional property management, dynamic pricing strategies, and sufficient capital reserves for vacancy periods and unexpected expenses.

For passive investors seeking steady returns without active management, traditional rental properties or REITs typically provide better risk-adjusted returns. For active investors willing to learn hospitality management and market dynamics, Airbnb can deliver superior financial performance.

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. AirROI - Concepción Airbnb Market Report
  2. Airbtics - Annual Airbnb Revenue in Concepción Chile
  3. Global Property Guide - Short-term Rental Costs by Country
  4. Global Property Guide - Chile Rental Yields
  5. Benoit Properties - Airbnb vs Long-term Rental Investment Analysis