Magdalena: prices, rental yield & Airbnb income
Magdalena del Mar is a coastal district on the rise — cheaper than neighbouring Miraflores and San Isidro, with a wave of new-build apartments and a quieter, more local feel. The lower entry price and firm rents make it one of the better long-term yield plays in the investor belt. Who buys here: value-focused investors who want coastal proximity without prime-district prices.
Long-term rentals net about 3.5% here after costs, based on a sale price near $2,128 per m2 and rents around $11.70 per m2 per month. HOA fees run about $90 a month, which you need to factor into that net figure.
The Airbnb side is thin: just 12 listings, an average daily rate of $40.50, and only 26% occupancy, producing roughly $3,700 in annual revenue. That works out to a 2.5% gross yield, and remember gross means before Airbnb-specific costs like cleaning, furnishing and management.