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CerroNovo Company Profile: Airbnb Reviews, Listings & Performance in Albufeira

CerroNovo

Listings managed
36
Airbnb rating
4.7 ⭐
ADR
€195
Occupancy
Avg. revenue / listing
€20,163
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Portfolio growth
+24.14% YoY
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ADR: 34% above market
Markets Albufeira

Data note: These figures are estimates based on Airbtics' tracked Airbnb and short-term rental data. Actual occupancy, ADR, revenue, and listing counts may differ from a company's internal PMS or owner reports. We have refined this methodology over 6 years and use our best effort to keep the data accurate and useful.

CerroNovo Airbnb Listings in Albufeira

Locations of 34 CerroNovo short-term rentals tracked in Albufeira. Hover a pin to see its average daily rate and size.

How Do CerroNovo Listings Compare to the Average Albufeira Airbnb Market Performance?

To make an informed decision whether CerroNovo is the best Airbnb property manager for your Albufeira short-term rental, it’s important to compare its listings performance with the average metrics for the market. Airbtics data-driven analysis covers average daily rate (ADR), occupancy rate, annual revenue, and more to help you.

Whether you’re an established vacation rental investor or a beginner host, find out if CerroNovo is the best choice for your Airbnb business.

Average Daily Rate (ADR) Occupancy Rate Average Annual Revenue
CerroNovo €195 63% €20,163
Albufeira (Market average) €146 71% €36,590
Competitive Positioning +34% -11% -45%

Note: Average annual revenue is the mean per listing over the last 12 months, based on each listing's active days, occupancy, ADR, and cleaning fees. It is not calculated as ADR × 365 × occupancy rate.

Top alternatives to CerroNovo

Compare other verified managers in Albufeira, or browse the full Albufeira Airbnb management companies list.

Alternative manager Listings Rating Occupancy ADR Revenue/listing
Algarve Vacation 89 4.6 68% €358 €44,112
Villa Plus 53 4.7 99% €693 €38,065
Solmar Villas Holidays 46 4.6 97% €571 €43,575

CerroNovo Airbnb Guest Reviews

CerroNovo has an average rating on Airbnb of 4.7. This Airbnb rating shows that CerroNovo consistently delivers excellent property management services, ensuring strong guest satisfaction and trust.

★★★★★
Excellent location close to supermarkets and restaurants ,we had a problem one evening without electricity but Amanda from Cerronova was at the apartment within 20 minutes and sorted the problem straightaway
★★★★★
J’ai adoré mon appartement et où il était situé .. la vue sur l’océan est imprenable. L’appartement a une belle grandeur et il y a tout ce que l’on besoin .
Proche de la plage , proche de la marina .. vraiment tout était parfait .
★★★★
Relaxing holiday. Close to many excellent restaurants and only yards away from a taxi stand and bust stop. Clean and spacious with plenty of kitchen utensils and cleaning products. Great wraparound balcony which gets the sun all day. Only one slight drawback was the absence of freeview or satellite tv.
★★★★★
Fabulous stay, would recommend
★★★★
We had a lovely stay in Portugal.
Positives - The apartment is great. Big and spacious. Good kitchen. Very close to the old town (as-long as you can manage the steps down). Good pool with a nice bar area. Very close to Aldi and Lidl also which is very helpful for stocking up.
Negatives - The lights in the bathroom are movement sensitive and seemed to go off every time you took a shower...


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CerroNovo Growth: 24.14% More Airbnb Listings Under Management YoY

Over the last 12 months, CerroNovo has increased the number of short-term rentals it manages by 24.14%. This expansion indicates growing demand and a strong market presence. 🏖️

CerroNovo Airbnb Management Fees

The average Albufeira Airbnb property manager charges 10-15% of short-term rental income for half-service management and 20-30% for full-service management. Premium Albufeira Airbnb management companies charge up to 40-45% of the booking total. The exact rate depends on your exact location, property type and size, and required vacation rental management services.

To get a custom quote from CerroNovo about their Airbnb management fees, get in touch with the team.

Is CerroNovo a Good Airbnb Property Manager Option in Albufeira?

Considering CerroNovo property management services, fees, and performance vs market average, it could be a good option for some Airbnb hosts and owners looking for passive short-term rental property investments in Albufeira.

To decide if CerroNovo is the best choice for you, take into account the costs and benefits. Evaluate whether the expected boost in rental revenue due to professional services and the elevated level of comfort for you exceed or not the monthly Airbnb management fees charged by CerroNovo.

It’s best to schedule a call with CerroNovo to discuss your particular situation, what the Airbnb manager can do for your property, and how much exactly you’d need to pay them.