CerroNovo Reviews - Airbnb Property Manager Performance & Revenue
CerroNovo Overview
Looking for a reliable Airbnb management company in Albufeira to maximize your short-term rental revenue? CerroNovo 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, CerroNovo helps property owners increase their occupancy rates and revenue.
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 | €200 | 64% | €22,621 |
| Albufeira | €146 | 70% | €39,255 |
| Competitive Positioning | +37% | -9% | -42% |
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 CerroNovo is the best choice for your short-term rental business.
CerroNovo Growth: 33.33% More Airbnb Listings Under Management YoY
Over the last 12 months, CerroNovo has increased the number of short-term rentals it manages by 33.33%. 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.
CerroNovo Reviews by Guests & Hosts
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.
CerroNovo’s Top Airbnb Reviews by Guests
The apartment is lovely and light with fill kitchen facilities, it was a base for me between hospital visits and sleeping. Being left on my own during such a tough time I felt safe in the room and area. I would definitely recommend this apartment and the host/agents.
just a few essentials were needed
Frying pan
Dish soap
Toilet roll
etc …
100% recommend to anyone looking for somewhere with a nice pool whilst being near to the main town 🧗♂️👍🏻
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.
Top 5 CerroNovo’s alternatives and competitors
If you’d like to explore the best CerroNovo competitors and alternatives in the local market, check out these top Albufeira Airbnb management companies: