Boyacá

As of June 2026, Tunja, Villa de Leyva, Paipa have 714 active Airbnb and VRBO listings. This represents a 10% increase from the previous year.

The average Airbnb or VRBO in Boyacá generates COP12.1M per year. High-performing properties earn COP36.8M/year, while low-performing properties earn COP5.0M/year. Supply and revenue are growing in tandem at ~10.7% YoY with flat two-year trends, suggesting balanced expansion rather than oversaturation. However, the threefold gap between high and average performers indicates significant operational variance in a market with modest 13% occupancy.

Airbnb and VRBO can be profitable in Boyacá. Average annual revenue is COP12.1M with 13% occupancy. High-performing properties earn up to COP36.8M/year. Supply and revenue are both growing double-digit YoY while occupancy remains flat, indicating intensifying competition. The threefold gap between high and average performers suggests significant performance variance, reflecting differentiated property positioning within a moderately saturated market.

The average occupancy rate for Airbnbs and VRBOs in Boyacá is 13%. This occupancy level, combined with an average nightly rate of COP241K, results in a RevPAR (revenue per available room) of COP29K per day.

4+ bedroom properties demonstrate the strongest performance in Boyacá, with annual revenue of COP16.6M. These properties balance operating costs and rental demand most effectively in the Boyacá market. Property performance varies significantly by location, amenities, and management quality.

Short-term rental regulations vary by jurisdiction in the Boyacá area. I don't have reliable, current data on short-term rental regulations or enforcement realities for Tunja, Villa de Leyva, and Paipa in Colombia. These smaller Colombian municipalities have varying local ordinances that change frequently, and enforcement information is particularly difficult to verify. I recommend contacting each municipality's tourism office (Secretaría de Turismo) or planning department directly for accurate, current requirements and actual enforcement practices before operating rentals in these locations. Always verify current regulations with local authorities and obtain necessary permits before operating a short-term rental.

The Boyacá Airbnb and VRBO market is currently showing balanced conditions. Supply has grown 10% year-over-year, while RevPAR has increased 11%. This indicates balanced supply-demand dynamics. The significant gap between high ($36.8M) and average ($12.1M) revenue suggests performance is concentrated among top-performing properties, while the 13% occupancy rate reflects a competitive market with substantial untapped capacity.

Launch around September, 2-3 months before peak winter season (December peaks). This pre-peak timing lets you build reviews when competition is 61% lower than peak months. Avoid launching during peak season when established listings dominate, or slow months (September-February) when gaining traction is harder.

The most common amenities in Boyacá listings include: Kitchen (99%), Tv (96%), Washing Machine (74%), Pets Allowed (73%), Balcony (52%). Amenities that boost revenue the most include Hot Tub, Bbq, Lake Access, with Hot Tub properties earning approximately 152% more (COP82.7M/year vs COP32.8M/year).

Monthly estimated revenue per listing in Boyacá over the last 12 months: May: COP506K, June: COP929K, July: COP587K, August: COP683K, September: COP507K, October: COP829K, November: COP861K, December: COP1.9M, January: COP1.5M, February: COP406K, March: COP793K, April: COP952K. These figures are based on RevPAR (revenue per available room) multiplied by the number of days in each month.

The overall average nightly rate in Boyacá is COP241K, up 24% year-over-year. By property size: 1-bedroom properties average COP178K/night, 2-bedroom properties average COP218K/night, 3-bedroom properties average COP287K/night, 4+ bedroom properties average COP413K/night. Rates peak in January and are lowest in September.

Guests in Boyacá book an average of 17 days in advance, down 13% from last year. By property size: 1-bedroom: 15 days, 2-bedroom: 16 days, 3-bedroom: 17 days, 4+ bedroom: 23 days. Larger properties tend to have longer booking windows as guests plan group trips further ahead.

Over the past year, the Boyacá Airbnb and VRBO market has seen the following changes: supply grew 10%, revenue per listing increased 11%, occupancy fell 3%, average nightly rates increased 24%, and lead time decreased 13%. Despite rising rates successfully driving revenue growth, declining occupancy and shorter booking windows suggest intensifying competition, while the significant gap between average ($12.1M) and top-performing listings ($36.8M) indicates uneven market performance.

In Boyacá, Saturday sees the highest booking demand while Tuesday has the lowest. Nightly rates peak on Saturday and are lowest on Wednesday. Weekends show 59% higher occupancy than weekdays.