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Destination Algarve Reviews - Airbnb Property Manager Performance & Revenue

Destination Algarve

Average Occupancy Rate
70%
Average Daily Rate
€294
Average Revenue
€48,041
Listings Under Management
42
YoY Change: 147.06%
Market Coverage
Lagos

Destination Algarve Overview

Looking for a reliable Airbnb management company in Lagos to maximize your short-term rental revenue? Destination Algarve specializes in managing vacation rentals and holiday homes, offering seamless STR property management services. With a competitive commission structure and expert handling of bookings, guest communication, and pricing optimization, Destination Algarve helps property owners increase their occupancy rates and revenue.

How Do Destination Algarve Listings Compare to the Average Lagos Airbnb Market Performance?

To make an informed decision whether Destination Algarve is the best Airbnb property manager for your Lagos 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 Destination Algarve is the best choice for your Airbnb business.

Average Daily Rate (ADR) Occupancy Rate Average Annual Revenue
Destination Algarve €294 70% €48,041
Lagos €133 77% €39,242
Competitive Positioning +120% -9% +22%

Our data-driven analysis covers average daily rate (ADR), occupancy rate, revenue per listing, and guest reviews to help you make an informed decision. Whether you're a property owner or investor, find out if Destination Algarve is the best choice for your short-term rental business.

Destination Algarve Growth: 147.06% More Airbnb Listings Under Management YoY

Over the last 12 months, Destination Algarve has increased the number of short-term rentals it manages by 147.06%. This expansion indicates growing demand and a strong market presence. 🏖️

Destination Algarve Airbnb Management Fees

The average Lagos Airbnb property manager charges 10-15% of short-term rental income for half-service management and 20-30% for full-service management. Premium Lagos 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 Destination Algarve about their Airbnb management fees, get in touch with the team.

Destination Algarve Reviews by Guests & Hosts

Destination Algarve has an average rating on Airbnb of 4.9. This Airbnb rating shows that Destination Algarve consistently delivers excellent property management services, ensuring strong guest satisfaction and trust.

Destination Algarve’s Top Airbnb Reviews by Guests

★★★★★
This apartment was such a great find. Everything in the description matches our experience. We were met by Michael at the apartment and he was very thorough with getting us acclimated to the property and surrounding area. All of the staff provided excellent communication. We felt secure in the building and apartment.
★★★★★
Wir waren als dreiköpfige Familie für 3,5 Wochen hier zu Gast. Die Wohnung wird von Algarve Destination verwaltet, die sich um den Check-in und etwaige Fragen kümmern und was sollen wir sagen: es war perfekt. Das Team war zu jeder Zeit erreichbar & sorgte schon im Vorfeld dafür, dass alles reibungslos ablief. Da wir für eine Workation in Lagos waren, war uns das Internet besonders wichtig. Das funktioniert hier blitzschnell und einwandfrei. Neben den beiden Schlafzimmern gibt es auch zwei Bäder - eines davon mit einer großen Badewanne. Vor dem Haus befinden sich Parkplätze und die Lage haben wir als sehr gut empfunden, da die Häuserreihe am Ende einer Sackgasse liegt und es hier - besonders nachts - angenehm ruhig war. Wenige Meter entfernt gibt es einen kleinen Supermarkt, der alles hat, was man benötigt. Wir waren mobil, aber auch ohne Auto ist man in ca. 20 min. zu Fuß am Strand oder der Stadt. Eine Busstation ist um die Ecke. 1x die Woche kam ein Reinigungsteam. Absolute Empfehlung
★★★★★
We had a fantastic stay. I would say the villa was even more stunning than in the pictures.
Its very well placed for some of the most stunning beaches Lagos has to offer (5-10 mins drive).
The place is spotless and they even kindly changed our towels midweek.
The host was superb. When they learnt our little one was unwell they kindly dropped off some board games. They really went above and beyond to ensure we have a great stay.
★★★★★
Beautiful apartment in a great location. Apartment was just as described and very well equipped. The local agent was super, very helpful and responsive.
★★★★★
Pros: Destination Algarve was a wonderful host! It was very easy to communicate with them via text. The space is beautiful and was perfect for what we wanted. There is a great coffee shop right downstairs, as well as a nice bar and Asian street food place. The apartment was very clean and conveniently located with a beautiful view. Note that it is located on one side of Old Town and the marina and other nice spots are located on the other side. Cons: Sometimes there is a musty/unpleasant smell in the unit, but I think it comes from outside and is not related to the unit itself. In terms of value, we were asked to pay for the use of a baby crib, which we have not been asked to do anywhere else in Portugal.


Is Destination Algarve a Good Airbnb Property Manager Option in Lagos?

Considering Destination Algarve 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 Lagos.

To decide if Destination Algarve 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 Destination Algarve.

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

Top 4 Destination Algarve’s alternatives and competitors

If you’d like to explore the best Destination Algarve competitors and alternatives in the local market, check out these top Lagos Airbnb management companies: