Is it profitable to do Airbnb in Faro, Portugal?

What is the occupancy rate of Airbnb in Faro, Portugal?

What is the average daily rate of Airbnb in Faro, Portugal?

Portugal / Faro

Faro, Airbnb Market Statistics & Data, Portugal

A typical short-term rental listing in Faro is booked for 259 nights a year, with a median occupancy rate of 71% and an average daily rate of €88. In 2023, a typical host income (annual revenue) was €21K. As of 12th September, 2024, there are 1,696 active Airbnb listings.

Average Revenue: €21K/yr
Occupancy Rate
71%
Avg Daily Rate
€88
Budget
No. of Listings
1,993
Medium
YoY Revenue Change
-8.71%
Best Month
August
Regulation
Lenient
Learn More >
** Period: 2023 Aug - 2024 July | Last Updated on: 12th September, 2024
Revenue By Month
2023-08 - 2024-07
Low
€1,071
Average
€1,782
High
€2,666



Is Airbnb Profitable in Faro?

Yes, there is good short-term rental demand. A 71% median occupancy rate is considered a good market for Airbnb. The graph below shows the average monthly host income by month.
Tip! investing in a short-term rental can be highly stable and profitable. It’s stable because housing has been one of the most stable asset classes. Also, when you can’t do an Airbnb anymore, you can still rent it out to a long-term tenant with a lower yield. It is highly profitable because the monthly cash flow from short-term rental investment typically is double the amount of traditional rentals.

Starting an Airbnb in Faro

Short-term rental regulation is lenient in Faro. Very few Airbnb listing currently have put their license number on their Airbnb listing. This likely means the local government is not strictly enforcing the short-term rental-related regulations.
Average Airbnb Occupancy Rate in Faro
A typical listing recorded a 71% average occupancy rate between 2023-08 - 2024-07. In this graph, you can see the occupancy rate distribution. About 93.77% of the guests are international guests, and visitors from United kingdom is the largest group. Learn more about guest origin!.

You can find the distribution graph of daily rate and revenue in our market dashboard.
Occupancy Rate: 71%
1,696 Active Listings
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Explore Faro's Airbnb Data
market map image
Best Areas in Faro for Airbnb
Are you wondering where to invest in Faro? Look no further!
Top demand Airbnb in Faro
Airbtics has been tracking all Airbnb listings since 2019. This allows us to understand interesting metrics, like which properties earn the most in the market. Here are our top picks. Go to the app to find detailed information about 1,696 listings.
listing_image
Entire home & 3 Bed
⭐5.0 (63)
Ilha da Culatra
$12,345
Revenue Potential
234
Days Available
$121,345
Revenue
74%
Occupancy Rate
€66
Daily Rate
View Listing
listing_image
Entire home & 2 Bed
⭐5.0 (10)
Casa branca
$12,345
Revenue Potential
234
Days Available
$121,345
Revenue
74%
Occupancy Rate
€180
Daily Rate
View Listing
listing_image
Entire home & 1 Bed
⭐5.0 (10)
Alpha - Boat House
$12,345
Revenue Potential
234
Days Available
$121,345
Revenue
74%
Occupancy Rate
€148
Daily Rate
View Listing
listing_image
Entire home & 2 Bed
⭐5.0 (20)
Authentiek strandhuis
$12,345
Revenue Potential
234
Days Available
$121,345
Revenue
74%
Occupancy Rate
€100
Daily Rate
View Listing
listing_image
Entire home & 3 Bed
⭐5.0 (49)
Island Escape: Beachfront, 7 Beds & Dreamy Terrace
$12,345
Revenue Potential
234
Days Available
$121,345
Revenue
74%
Occupancy Rate
€166
Daily Rate
View Listing
listing_image
Entire home & 2 Bed
⭐5.0 (435)
Your House on the Beach
$12,345
Revenue Potential
234
Days Available
$121,345
Revenue
74%
Occupancy Rate
€97
Daily Rate
View Listing
See 1,696 listing Statistics
Professional Short-term rental property managers in Faro
We've compiled a list of host profiles that manage the most Airbnb properties in Faro. The dashboard shows their average occupancy rate, revenue, and year-over-year changes.
NameListingsRatingRevenue
Blife2064.2$1,23,234
Sofia And Lin125.0$1,23,234
Hd Properties344.2$1,23,234
Maria74.1$1,23,234
Filomena152.9$1,23,234
Other short-term rental market data in Faro
Here is a breakdown of short-let properties in Faro. You might wonder about more specific data before buying an Airbnb property. For example, how much can an average listing with 4 bedrooms and a pool make? Or, what is the seasonality in booking? When is the peak month? Click the below button and check out more in-depth vacation rental data for free.
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