San Pedro Belize Vacation Rental Airbnb Market Analysis 2025
Vacation Rental Investment San Pedro, Belize
Whether you’re considering investing in a vacation rental property or just exploring the Airbnb market in San Pedro, it is essential to understand the local data. Leveraging the low-regulation environment is key to maximizing your short-term rental income potential.
San Pedro, Belize, is a lucrative market for Airbnb and vacation rental properties. Buoyed by a flourishing tourism sector, strong rental demand, and promising revenue metrics. While operational costs and regulatory compliance require careful consideration, the overall outlook suggests a favorable environment for investor profitability.
Belize Investment Property by Amenities and Bedrooms
Airbnb in San Pedro, Belize: A Profitable Venture in 2025?
Data from 2024 and projections for 2025 indicate a robust tourism landscape in Belize, with San Pedro (and Ambergris Caye) at its heart. Belize has seen a significant increase in overnight visitor arrivals, surpassing pre-pandemic levels. The tourism growth and upward trends are expected to continue, fueled by new and expanded flight routes, particularly from North America, and ongoing investment in tourism infrastructure. This sustained influx of tourists directly translates to a high demand for short-term rental accommodations.
Vacation Rental Property KPI’s
Monthly Airbnb Revenue Variations & Income Potential
Looking at an annual calendar (January to December), we can see the monthly Airbnb property earnings over the year 2024 for San Pedro.
Understanding the monthly revenue of vacation rental listings (Airbnb properties) in San Pedro is key to maximizing the investment ROI. Like most Caribbean destinations, seasonality significantly impacts earnings.
Looking at the data from the past 12 months, the data shows that the peak revenue month for STRs (Short-Term Rentals) in San Pedro is typically February, while August often presents the lowest earnings, highlighting opportunities for strategic pricing adjustments during shoulder and low seasons.
Average 12-month Revenue (August 2024 to July 2025)
Property Revenue by Tiers
Explore the typical rental income in San Pedro across different performance tiers:
- The Best (Top 10%) of properties achieve an average of $14,719+ USD monthly, often utilizing dynamic pricing and superior guest experiences.
- Strong performing properties (Top 25%); earn an average of $5,508 USD or more, indicating desirable locations/amenities are a significant factor in success.
- Typical properties (Median or Average) generate around $2,493 USD per month, representing the average market performance.
- Entry-level properties (Bottom 25%) see earnings of around $1,151 USD per month.
Ambergris Caye Rental Metrics
Key Performance Metrics Point to Profitability
According to a 2025 market analysis, the Airbnb market in San Pedro Town shows strong potential for revenue generation. Key metrics include:
- Average Daily Rate (ADR): A healthy average daily rate suggests a willingness of tourists to pay for quality accommodations.
- Occupancy Rate: Consistent occupancy rates throughout the year, with significant peaks during the high season, indicate a steady stream of renters.
- Median Annual Revenue: The median annual revenue for Airbnb properties in San Pedro is substantial, offering a solid return on investment for property owners.
- Revenue Growth: The market has demonstrated significant year-over-year revenue growth, a positive indicator for new and existing hosts.
The market does experience seasonality, with a peak season from December to April, a shoulder season from May to August, and a low season from September to November. Short-term rental properties can leverage dynamic pricing strategies to maximize income during peak months and maintain a steady flow of bookings during the slower periods.
Occupancy Rate in San Pedro (2025)
In San Pedro, there are seasonal factors. The seasonal demand shift significantly influences bookings, occupancy, and the nightly rate a property can charge.
Typically, February and March see the highest demand (peak season occupancy), while August experiences the lowest (low season). Top-performing vacation rental properties have strategies for slow-season stability. This includes adjusting minimum stays or offering promotions, which can boost occupancy during slower periods.
Property tier performance on Occupancy in San Pedro:
- The Best (Top 10%) Properties achieve an annual average of over 73%+ occupancy for the year.
- Strong performing properties (Top 25%) maintain an average annual occupancy of around 51% or higher occupancy.
- Typical properties (Median or Average) have an occupancy rate of around 32%.
- Entry-level properties (Bottom 25%) maintain an average 17% occupancy.
Year-to-Date of 2025 (January to July), the average Short-Term Rental property (Airbnb) in San Pedro has an average of 55% occupancy.
Average Daily Rate in San Pedro (2025)
An effective short-term rental pricing strategy in San Pedro involves understanding monthly and seasonal ADR fluctuations. The Average Daily Rate (ADR) for Airbnb in San Pedro typically peaks in March and dips lowest during September (this follows the seasonality trends of tourism).
Property tier performance on ADR in San Pedro:
- The Best (Top 10%) Properties have nightly rental rates of $792+ per night USD, often due to premium features or locations.
- Strong performing properties (Top 25%) achieve nightly rates of $529 per night USD or more.
- Typical properties (Median or Average), the median ADR properties charge around $276 per night USD.
- Entry-level properties (Bottom 25%) earn around $137 per night USD.
Year-to-Date of 2025 (January to July), the average ADR or nightly rental rate per unit on Ambergris Caye (San Pedro) for 2025 has been roughly $333 per night USD.
Seasonality Analysis & Trends in San Pedro
Peak Season (January, February, March, December)
- Revenue averages $6,596 per month USD
- Occupancy rates average 71.8%
- Daily rates average $374 per night USD
Shoulder Season (April, June, July, November)
- Revenue averages $4,900 per month USD
- Occupancy rates are around 53.3%
- Daily rates hold near $381 per night USD
Low Season (May, August, September, October)
- Revenue drops to an average $3,320 per month USD
- Occupancy decreases to an average of 37.6%
- Daily rates adjust to an average $369 per night USD
During the high season, San Pedro’s highest earning potential is achieved, with the average monthly revenue per unit reaching $7,383 USD per month, occupancy reaching a high of 60% to 70%.
Understanding the Costs
While the revenue potential for investment properties in San Pedro is high, investors must factor in operational costs to accurately project profitability. These expenses typically include:
- Property Management Fees: If not self-managing, these fees can range from 20% to 30% of the gross rental income.
- Cleaning and Maintenance: Ensuring the property is in pristine condition for each guest is crucial and incurs regular costs.
- Utilities: Electricity, water, and internet are essential amenities that contribute to the monthly expenses.
- Property Taxes: Property taxes in Belize are relatively low and are based on the assessed value of the land.
- Insurance: Adequate insurance coverage is necessary to protect the property and business.
- Belize Tourism Board (BTB) License: All short-term rentals are required to be licensed by the BTB, which involves an application process and annual fees. BTB Hotel License
- Hotel and Tourist Accommodation Tax: A 9% tax is levied on all rental income.
Investing in San Pedro Belize
For investors looking to invest in a vacation rental market, San Pedro, Belize, in 2025 presents a compelling opportunity for profitability. The strong tourism growth, coupled with impressive rental metrics, paints a positive picture for the short-term rental market. Investors can capitalize on the burgeoning popularity of this Caribbean paradise.
