Best Airbnb Markets in Balkans (2026)
Based on Airbtics data from January 2025 to December 2025, this page shows the top Airbnb locations to invest in Balkans with
key
statistics and information, like short-term rental regulations, number of listings, occupancy rate,
average daily rate, and annual revenue. This allows you to discover the most profitable cities to
invest in, buy, and own Airbnb rental properties in Balkans.
The Airbtics Market Score indicates how attractive a location is for investing in an Airbnb rental property. We determine this score based on the following criteria:
- Short-term rental yield: The ratio between annual revenue and property price, as a percentage. Locations with higher Airbnb rental yield score better.
- Short-term rental regulations: How STR-friendly the local Airbnb rules and laws are. Markets with more lenient regulations get a higher score.
- Market size: The number of Airbnb listings. Larger vacation rental markets get a higher score as it is easier for investors to buy and sell properties.
- Growth: How fast the market is becoming saturated. Priority is given to markets that are already developed but are not approaching saturation yet.
- Seasonality: To what degree Airbnb performance is affected by seasonality. Less seasonal impact is preferred as investors can enjoy a more stable short-term rental performance throughout the year.
Last updated: February, 2026
Balkans Short-Term Rental Market Overview (Full-Year 2025 Analysis)
Top 72 Balkans Cities for Airbnb in 2026
| Position | Market Grade | Market Name | Regulation | No of Listings | Avg. Occupancy Rate | Avg. Daily Rate | Revenue | Short-term Rental Yield | Rent Gap |
|---|---|---|---|---|---|---|---|---|---|
| 1 | D+ | Istanbul | Strict | 13,076 | 59% | $68 | $15,021 | 12.3% | 34.5% |
| 2 | D | Athens | Strict | 12,626 | 71% | $88 | $23,253 | 12.3% | 34.5% |
| 3 | B | Split | Lenient | 6,903 | 75% | $125 | $34,381 | 12.3% | 34.5% |
| 4 | D+ | Bucharest | Lenient | 5,196 | 67% | $63 | $15,825 | 12.3% | 34.5% |
| 5 | D | Belgrade | Lenient | 4,961 | 60% | $60 | $13,380 | 12.3% | 34.5% |
| 6 | C+ | Kotor-tivat | Lenient | 4,744 | 62% | $99 | $22,593 | 12.3% | 34.5% |
| 7 | C+ | Dubrovnik | Lenient | 4,481 | 84% | $141 | $43,406 | 12.3% | 34.5% |
| 8 | E+ | Santorini | Strict | 4,441 | 69% | $174 | $44,080 | 12.3% | 34.5% |
| 9 | B+ | Rhodes | Strict | 4,285 | 72% | $134 | $35,347 | 12.3% | 34.5% |
| 10 | B | Pula airport area | Lenient | 4,106 | 66% | $116 | $28,104 | 12.3% | 34.5% |
| 11 | A | Fethiye | Strict | 4,068 | 56% | $153 | $31,546 | 12.3% | 34.5% |
| 12 | C+ | Kaş | Strict | 4,001 | 57% | $165 | $34,610 | 12.3% | 34.5% |
| 13 | D | Tirana | Lenient | 3,650 | 62% | $49 | $11,254 | 12.3% | 34.5% |
| 14 | C+ | Zadar | Lenient | 3,389 | 71% | $111 | $28,928 | 12.3% | 34.5% |
| 15 | D+ | Izmir | Strict | 3,326 | 42% | $98 | $15,276 | 12.3% | 34.5% |
| 16 | C+ | Kefalonia | Strict | 3,172 | 73% | $150 | $40,082 | 12.3% | 34.5% |
| 17 | C+ | Zakinthos | Strict | 2,951 | 75% | $147 | $40,337 | 12.3% | 34.5% |
| 18 | C | Zagreb | Lenient | 2,944 | 66% | $81 | $19,953 | 12.3% | 34.5% |
| 19 | B | Mykonos | Strict | 2,826 | 70% | $236 | $60,622 | 12.3% | 34.5% |
| 20 | C | Thessaloniki | Strict | 2,812 | 63% | $71 | $16,744 | 12.3% | 34.5% |
| 21 | C+ | Hvar | Lenient | 2,735 | 73% | $124 | $33,148 | 12.3% | 34.5% |
| 22 | C | Budva | Lenient | 2,704 | 58% | $88 | $18,792 | 12.3% | 34.5% |
| 23 | B | Sarande | Lenient | 2,657 | 55% | $69 | $13,984 | 12.3% | 34.5% |
| 24 | C | Sarajevo | Lenient | 2,620 | 52% | $61 | $11,760 | 12.3% | 34.5% |
| 25 | C | Antalya | Strict | 2,545 | 53% | $62 | $12,269 | 12.3% | 34.5% |
| 26 | C | Rovinj | Lenient | 2,072 | 68% | $113 | $28,207 | 12.3% | 34.5% |
| 27 | C+ | Brasov | Lenient | 2,032 | 52% | $70 | $13,606 | 12.3% | 34.5% |
| 28 | B+ | Lefkadas | Strict | 1,996 | 69% | $154 | $38,913 | 12.3% | 34.5% |
| 29 | C | Chania | Strict | 1,898 | 74% | $108 | $29,333 | 12.3% | 34.5% |
| 30 | C | Ljubljana | Lenient | 1,766 | 77% | $116 | $33,050 | 12.3% | 34.5% |
| 31 | C+ | Novalja | Lenient | 1,727 | 69% | $154 | $38,980 | 12.3% | 34.5% |
| 32 | E+ | Vlora | Lenient | 1,692 | 50% | $60 | $11,046 | 12.3% | 34.5% |
| 33 | C+ | Corfu gr | Strict | 1,689 | 72% | $126 | $33,369 | 12.3% | 34.5% |
| 34 | C | Durres | Lenient | 1,669 | 52% | $55 | $10,579 | 12.3% | 34.5% |
| 35 | B | Kalymnos and kos | Strict | 1,535 | 69% | $115 | $29,153 | 12.3% | 34.5% |
| 36 | D+ | Makarska | Lenient | 1,528 | 68% | $120 | $29,872 | 12.3% | 34.5% |
| 37 | C | Skopje | Lenient | 1,517 | 55% | $44 | $9,009 | 12.3% | 34.5% |
| 38 | B | Sapanca | Strict | 1,499 | 41% | $198 | $30,011 | 12.3% | 34.5% |
| 39 | C | Cluj-napoca | Lenient | 1,484 | 59% | $60 | $13,185 | 12.3% | 34.5% |
| 40 | B | Heraklion | Strict | 1,407 | 72% | $80 | $21,266 | 12.3% | 34.5% |
| 41 | B | Bodrum | Strict | 1,346 | 46% | $143 | $24,339 | 12.3% | 34.5% |
| 42 | B | Kastela | Lenient | 1,310 | 67% | $127 | $31,210 | 12.3% | 34.5% |
| 43 | C+ | Mamaia-sat | Lenient | 1,289 | 51% | $110 | $20,740 | 12.3% | 34.5% |
| 44 | D | Çeşme | Strict | 1,289 | 42% | $132 | $20,515 | 12.3% | 34.5% |
| 45 | B+ | Rijeka | Lenient | 1,279 | 62% | $93 | $21,206 | 12.3% | 34.5% |
| 46 | D+ | Rhodes town | Strict | 1,267 | 72% | $119 | $31,465 | 12.3% | 34.5% |
| 47 | C | Nevsehir | Strict | 1,244 | 46% | $84 | $14,280 | 12.3% | 34.5% |
| 48 | C+ | Alanya | Strict | 1,146 | 53% | $73 | $14,380 | 12.3% | 34.5% |
| 49 | A | Kassandra east coast | Strict | 1,130 | 65% | $156 | $37,281 | 12.3% | 34.5% |
| 50 | C | Okrug gornji | Lenient | 1,109 | 67% | $140 | $34,399 | 12.3% | 34.5% |
| 51 | E | Novi sad | Lenient | 1,050 | 49% | $49 | $8,918 | 12.3% | 34.5% |
| 52 | C+ | Rethymno | Strict | 1,024 | 74% | $106 | $28,763 | 12.3% | 34.5% |
| 53 | D | Porec | Lenient | 1,024 | 65% | $108 | $25,751 | 12.3% | 34.5% |
| 54 | C | Crikvenica | Lenient | 951 | 67% | $118 | $28,986 | 12.3% | 34.5% |
| 55 | C+ | Sibiu | Lenient | 881 | 48% | $59 | $10,641 | 12.3% | 34.5% |
| 56 | D+ | Eastern athens | Strict | 855 | 59% | $92 | $20,164 | 12.3% | 34.5% |
| 57 | B | Trabzon | Strict | 820 | 42% | $94 | $14,500 | 12.3% | 34.5% |
| 58 | C | Marmaris | Strict | 816 | 48% | $118 | $20,814 | 12.3% | 34.5% |
| 59 | D+ | Corinthia | Strict | 744 | 48% | $98 | $17,490 | 12.3% | 34.5% |
| 60 | B+ | Samos | Strict | 684 | 65% | $102 | $24,360 | 12.3% | 34.5% |
| 61 | C+ | Piraeus | Strict | 664 | 63% | $85 | $20,107 | 12.3% | 34.5% |
| 62 | C | Žabljak | Lenient | 656 | 54% | $83 | $16,463 | 12.3% | 34.5% |
| 63 | D+ | Naxos | Strict | 655 | 74% | $125 | $33,898 | 12.3% | 34.5% |
| 64 | C+ | Nafplio | Strict | 639 | 55% | $108 | $22,032 | 12.3% | 34.5% |
| 65 | B+ | Sifnos | Strict | 616 | 77% | $160 | $45,184 | 12.3% | 34.5% |
| 66 | D+ | Bar | Lenient | 614 | 50% | $63 | $11,578 | 12.3% | 34.5% |
| 67 | B+ | Albania riviera | Lenient | 605 | 61% | $74 | $16,581 | 12.3% | 34.5% |
| 68 | C | Baška | Lenient | 584 | 72% | $110 | $29,072 | 12.3% | 34.5% |
| 69 | C+ | Kalamata | Strict | 556 | 57% | $86 | $18,134 | 12.3% | 34.5% |
| 70 | D | Glyfada | Strict | 549 | 66% | $131 | $32,134 | 12.3% | 34.5% |
| 71 | D+ | Paros | Strict | 516 | 76% | $124 | $34,558 | 12.3% | 34.5% |
| 72 | C+ | Volos | Strict | 515 | 50% | $75 | $14,008 | 12.3% | 34.5% |
Find the Best Airbnb Markets with Our Interactive Tool
Use our interactive Market Explorer to find the best places to start an Airbnb in Balkans. Compare multiple markets side by side, apply filters like regulations, budget (property or rent prices), and market size, and even export the results to Excel.
Explore Interactive Tool📊 Want a deeper dive into Balkans's STR market?
Explore our comprehensive 2025 Short-Term Rental Market Report for Balkans, featuring detailed market trends, supply analysis, and year-over-year insights.
View 2025 Market ReportWhy Invest in Airbnb Balkans in 2026?
In recent years, Balkans has emerged as one of the best locations for investing in
short-term rentals thanks to its popular tourist attractions, thriving business activities, growing
digital nomad presence, and vibrant cities like Mykonos, Sifnos and Santorini. With millions of international
visitors coming each year, the demand for vacation rental accommodations is growing, making Airbnb
Balkans a lucrative option for both local and foreign investors.
Due to strong demand from travelers, Balkans offers competitive average daily rates
(ADR), healthy occupancy rates, and attractive revenue potential in the best Airbnb markets. Whether
you're looking to start your first Airbnb business with a modest budget or to add a luxury
short-term rental property to your portfolio, Balkans has a profitable location to
meet your budget and aspirations as an investor.
Market Saturation Analysis: Balkans
Benchmark: Markets are categorized relative to Balkans's national averages (Supply: +29.0%, Revenue: +9.3%). Markets above the national average are marked with ↑, while those below are marked with ↓.
Healthy Growth
Supply > avg, Revenue > avg
Expansion with demand keeping up
- Kassandra east coast Supply: +33.4% | Revenue: +26.9%
- Trabzon Supply: +53.5% | Revenue: +26.2%
- Albania riviera Supply: +49.2% | Revenue: +24.6%
- Samos Supply: +37.4% | Revenue: +22.1%
- Bodrum Supply: +36.4% | Revenue: +19.1%
- Piraeus Supply: +41.2% | Revenue: +18.0%
- Lefkadas Supply: +31.0% | Revenue: +17.7%
- Alanya Supply: +60.5% | Revenue: +17.5%
- Sarajevo Supply: +35.7% | Revenue: +17.1%
- Skopje Supply: +40.3% | Revenue: +14.8%
-
+6 more markets
Sarande, Kastela, Kalymnos and kos, Bar, Budva, Okrug gornji ×
Early Saturation
Supply > avg, Revenue ≤ avg
Competition rising
- Durres Supply: +70.0% | Revenue: +6.5%
- Vlora Supply: +58.2% | Revenue: +1.2%
- Mamaia-sat Supply: +50.4% | Revenue: -9.6%
- Çeşme Supply: +41.7% | Revenue: +3.2%
- Izmir Supply: +36.1% | Revenue: +6.4%
- Novalja Supply: +34.1% | Revenue: -17.1%
- Tirana Supply: +33.4% | Revenue: +4.4%
- Antalya Supply: +32.3% | Revenue: -0.4%
- Crikvenica Supply: +31.3% | Revenue: -5.4%
- Istanbul Supply: +31.0% | Revenue: -9.3%
-
+1 more markets
Sapanca ×
Under-the-Radar
Supply ≤ avg, Revenue > avg
Hidden opportunities
- Kaş Supply: +21.0% | Revenue: +38.0%
- Rijeka Supply: +21.3% | Revenue: +33.9%
- Split Supply: +18.4% | Revenue: +31.9%
- Fethiye Supply: +28.0% | Revenue: +30.1%
- Žabljak Supply: +28.7% | Revenue: +22.1%
- Zadar Supply: +20.6% | Revenue: +19.9%
- Kotor-tivat Supply: +28.6% | Revenue: +19.3%
- Rhodes Supply: +26.2% | Revenue: +17.0%
- Corinthia Supply: +24.4% | Revenue: +15.1%
- Sifnos Supply: +19.0% | Revenue: +15.1%
-
+17 more markets
Glyfada, Heraklion, Volos, Eastern athens, Mykonos, Hvar, Rhodes town, Nafplio, Zagreb, Kefalonia, Chania, Cluj-napoca, Sibiu, Thessaloniki, Rethymno, Kalamata, Rovinj ×
Declining
Supply ≤ avg, Revenue ≤ avg
Risky markets
- Baška Supply: +27.0% | Revenue: -30.1%
- Naxos Supply: +16.9% | Revenue: -15.1%
- Santorini Supply: +17.5% | Revenue: -14.8%
- Nevsehir Supply: +19.2% | Revenue: -13.9%
- Novi sad Supply: +22.9% | Revenue: -13.4%
- Marmaris Supply: +21.4% | Revenue: -3.4%
- Belgrade Supply: +14.4% | Revenue: +0.5%
- Zakinthos Supply: +23.4% | Revenue: +2.1%
- Brasov Supply: +19.3% | Revenue: +3.5%
- Dubrovnik Supply: +9.7% | Revenue: +4.0%
-
+8 more markets
Corfu gr, Makarska, Bucharest, Ljubljana, Porec, Athens, Pula airport area, Paros ×
Best Cities for Airbnb in Balkans by Budget
Top 3 Affordable Airbnb Markets: Under $150,000
These markets offer entry-level investment opportunities with lower property prices, making them ideal for first-time investors or those with limited capital.
Top 3 Best Places for Airbnb Arbitrage in Balkans
- For short-term rental market analysis, visit our Airbnb Analytics app.
Estimate Your Airbnb Income in Balkans
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