How much Airbnb income can you make in Miraflores?
n = 3,526 Airbnb listings · source: airroi · as of 2026-09-17 · methodology →
Miraflores Airbnb numbers look tempting on paper: about 7.3% gross, at roughly $66 a night and near 50% occupancy. That gross figure is before the platform fee, host-paid utilities and internet, income tax, and the mantenimiento you as host pay — no guest reimburses you for that here. The long-term net yield in the same district is about 4.8%, and that figure subtracts property tax, arbitrios, rental income tax and a 3% vacancy allowance, with the tenant covering mantenimiento.
So the gap is roughly 2.4 percentage points gross-to-net, and it narrows fast once you strip out the Airbnb costs. If you self-manage both sides, the long-term let is far less work: no turnover cleaning, no guest messaging, no consumables. The Airbnb only pulls ahead if you push occupancy or nightly rate well above that sample — and most owners do not.
The 7.3% is a sample, not a promise. It comes from a typical listing at that rate and occupancy, and real results scatter widely. The 4.8% long-term figure is a net yield after the named costs, but it still assumes you find and keep a tenant — vacancy allowance only covers 3% of the year.
For a German buying in Miraflores, I would take the tenant. The extra work on the Airbnb side is real, and the gross advantage is thinner than it looks once you pay the platform, the utilities and the mantenimiento. If you are set on short-term, treat 7.3% as a ceiling you might approach, not a floor you will get.