Side-by-side comparison

Antwerp vs Brussels: which is better for Airbnb investment?

We compare the Belgium short-term rental markets across occupancy, daily rate, RevPAR, year-over-year trend, and regulation.

Bottom line

Antwerp edges ahead of Brussels on higher occupancy (36% vs 32%).

Head-to-head metrics

 AntwerpBrussels
Median occupancy36%32%
Median daily rate£77£77
Median RevPAR£18£21
Active listings1,8314,587
YoY occupancy+13 pts+2.4 pts
YoY daily rate+4.6%+1.1%
Regulation risk
Annual night capNoneNone
License requiredNoNo

Full analysis: Antwerp vs Brussels

Antwerp finishes narrowly ahead of Brussels on our composite of occupancy, revenue per available night and regulation risk — and it is the calendar rather than the price tag doing the work. The twelve-month direction favours Antwerp too: occupancy there moved +13 points while Brussels moved +2.4 points. Antwerp's listings run at 36% occupancy against 32% in Brussels, worth 4 extra points of booked calendar every year. The margin is thin enough that a single strong year in Brussels would close it, so treat the ordering as a lean rather than a verdict.

Antwerp takes both halves of the yield equation, which is less common than it sounds. It charges more per night — £77 against £77 — and still fills more of the year, 36% against 32%. A market that leads on price and utilisation at once is normally one where demand has outrun supply, rather than one where hosts are discounting to keep the calendar busy. RevPAR reflects the double advantage at £21 against £18.

That verdict needs a caveat, because Brussels is not simply the weaker market of the two. Brussels turns its rate and occupancy into £21 per available night against £18 in Antwerp, a 20.3% edge on the only yield figure that nets the empty nights out. Across a full year the median Brussels listing grosses £7,723 against £6,426 in Antwerp. If your model leans on that dimension, the ordering above can reasonably flip.

Neither Antwerp nor Brussels currently has a verified short-term rental regulation record in our register, so the comparison above is a yield comparison only. Regulation is the single largest source of downside in this asset class — an unverified market is an unpriced risk, not an absent one.

The two calendars also behave differently. Antwerp peaks in October at 60.7% and bottoms in February at 38.3%; Brussels runs from 65.2% in October down to 41.1% in February. Both swing by a similar amount across the year, so neither offers meaningfully steadier cash flow than the other.

Who each suits, then. Antwerp suits buyers who want a conventional, lightly regulated entry. It is also the momentum side of this pair. Brussels answers to the same regulatory profile, so the split between them is operational rather than legal. Every figure above comes from the same Inside Airbnb snapshot pipeline on both sides, dated 2025-09, filtered to listings with at least one booking in the last twelve months. Occupancy medians are drawn from 1,049 active Antwerp listings and 2,433 in Brussels.

Frequently asked questions

Is Antwerp or Brussels better for Airbnb investment?
Antwerp, on the data we track. It leads on the better occupancy trend (+13 points vs +2.4 points year over year), higher occupancy (36% vs 32%), and a thinner competitive field (1,831 vs 4,587 active listings). Brussels is not the weak side of this pair, though — it wins on stronger RevPAR (£21 vs £18).
Which has higher occupancy, Antwerp or Brussels?
Antwerp, at 36% median occupancy against 32% in Brussels — a gap of 4 points. That is a real but modest edge; a well-run listing in Brussels can close most of it. Over the last twelve months Antwerp gained 13 points and Brussels gained 2.4 points, so the gap is widening.
Which has higher nightly rates, Antwerp or Brussels?
Antwerp, at £77 a night against £77 in Brussels — roughly 0% more. The nightly rate is not the whole story, though. On revenue per available night — rate multiplied by how often the room actually sells — Brussels comes out ahead at £21 against £18, so Brussels's cheaper nights are more than repaid by how often they fill.
Which has stronger year-over-year growth, Antwerp or Brussels?
Antwerp, on occupancy: +13 points over the last twelve months against +2.4 points in Brussels. Nightly rates rose 4.6% in Antwerp and rose 1.1% in Brussels over the same window. One year of movement is a direction, not a trend — weigh it against the regulation picture before treating it as momentum.
Which is the bigger Airbnb market, Antwerp or Brussels?
Brussels, with 4,587 active listings against 1,831 in Antwerp. Size cuts both ways: a deep market gives you comparables, contractors and an exit, while a thinner one means fewer near-identical rivals competing for the same search results.
How much can you earn from an Airbnb in Antwerp vs Brussels?
Brussels earns more: roughly £7,723 a year for a median listing against £6,426 in Antwerp. Those are gross booking revenues before cleaning, management, platform fees, furnishing amortisation and tax — budget for a meaningful share of them, and note that a median listing is a median operator, not a good one.

Go deeper on each city

Market guide
Airbnb in Antwerp
Occupancy, ADR, neighborhoods, regulation
Market guide
Airbnb in Brussels
Occupancy, ADR, neighborhoods, regulation
Ready to buy?

Get a full investment report on either city

Property-level financials, stress tests, and an AI verdict — £19 each.

Antwerp report →Brussels report →
From the same team

Already hosting? Meet HostPal

An AI concierge that answers your guests on WhatsApp 24/7 — in 50+ languages, from your own guidebook and house rules. Emergencies get escalated to you; the WiFi password doesn't. Live in under 10 minutes.

Try HostPal free for 7 days →