Best Airbnb Markets Portugal in 2025

Based on Airbtics data from September 2024 to August 2025, this page shows the top Airbnb locations to invest in Portugal 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 Portugal.

Why Invest in Airbnb Portugal in 2025?

** Last updated: 2025-10-04

In recent years, Portugal 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 Madeira, Cascais and Lagos. With millions of international visitors coming each year, the demand for vacation rental accommodations is growing, making Airbnb Portugal a lucrative option for both local and foreign investors.

Due to strong demand from travelers, Portugal 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, Portugal has a profitable location to meet your budget and aspirations as an investor.

Note on Methodology: 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:

  1. Short-term rental yield: The ratio between annual revenue and property price, as a percentage. Locations with higher Airbnb rental yield score better.
  2. Short-term rental regulations: How STR-friendly the local Airbnb rules and laws are. Markets with more lenient regulations get a higher score.
  3. 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.
  4. Growth: How fast the market is becoming saturated. Priority is given to markets that are already developed but are not approaching saturation yet.
  5. 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.

Based on this methodology, the best places to buy Airbnb in Portugal are:



Learn more about how we collect the data and accuracy



Top 13 Portugal Cities for Airbnb in 2025

PositionMarket NameRegulation No of ListingsAvg. Occupancy RateAvg. Daily RateRevenueShort-term Rental Yield Rent Gap
1Lisbon
Strict
13,34282%€115€34,96112.3%34.5%
2Porto
Strict
9,30178%€93€26,86512.3%34.5%
3Madeira
Strict
6,15189%€127€41,66312.3%34.5%
4Albufeira
Strict
3,50170%€146€37,86812.3%34.5%
5Lagos
Strict
2,72077%€133€38,00012.3%34.5%
6São miguel
Strict
1,99874%€128€34,86412.3%34.5%
7Faro
Strict
1,67874%€109€30,04012.3%34.5%
8Cascais
Strict
84571%€156€41,03312.3%34.5%
9Ponta delgada
Strict
74775%€119€33,08112.3%34.5%
10Braga pt
Strict
62859%€79€17,61012.3%34.5%
11Sintra
Strict
58866%€108€26,77112.3%34.5%
12Coimbra
Strict
55466%€76€18,67812.3%34.5%
13Evora
Strict
29958%€85€18,55912.3%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 COUNTRY. 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.

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Best Cities for Airbnb in Portugal by Budget

Affordable & Mid-Range Airbnb Markets: $500,000 & Below

PositionMarket NameRegulation No of ListingsAvg. Occupancy RateAvg. Daily RateRevenueShort-term Rental Yield Rent Gap
1Braga pt
Strict
62859%€79€17,61012.3%34.5%
2Ponta delgada
Strict
74775%€119€33,08112.3%34.5%
3Coimbra
Strict
55466%€76€18,67812.3%34.5%
4Evora
Strict
29958%€85€18,55912.3%34.5%
5Madeira
Strict
6,15189%€127€41,66312.3%34.5%
6São miguel
Strict
1,99874%€128€34,86412.3%34.5%
7Faro
Strict
1,67874%€109€30,04012.3%34.5%
8Sintra
Strict
58866%€108€26,77112.3%34.5%
9Porto
Strict
9,30178%€93€26,86512.3%34.5%
10Albufeira
Strict
3,50170%€146€37,86812.3%34.5%
11Lagos
Strict
2,72077%€133€38,00012.3%34.5%
12Cascais
Strict
84571%€156€41,03312.3%34.5%
13Lisbon
Strict
13,34282%€115€34,96112.3%34.5%

Emerging vs Established Airbnb Markets in Portugal

Top 10 Emerging Short-Term Rental Markets in Portugal

PositionMarket NameRegulation No of ListingsAvg. Occupancy RateAvg. Daily RateRevenueShort-term Rental Yield Rent Gap
1Evora
Strict
29958%€85€18,55912.3%34.5%
2Madeira
Strict
6,15189%€127€41,66312.3%34.5%
3Lisbon
Strict
13,34282%€115€34,96112.3%34.5%
4Ponta delgada
Strict
74775%€119€33,08112.3%34.5%
5Faro
Strict
1,67874%€109€30,04012.3%34.5%
6Porto
Strict
9,30178%€93€26,86512.3%34.5%
7Albufeira
Strict
3,50170%€146€37,86812.3%34.5%
8São miguel
Strict
1,99874%€128€34,86412.3%34.5%
9Braga pt
Strict
62859%€79€17,61012.3%34.5%
10Sintra
Strict
58866%€108€26,77112.3%34.5%

Top 4 Established Short-Term Rental Markets in Portugal

PositionMarket NameRegulation No of ListingsAvg. Occupancy RateAvg. Daily RateRevenueShort-term Rental Yield Rent Gap
1Madeira
Strict
6,15189%€127€41,66312.3%34.5%
2Lisbon
Strict
13,34282%€115€34,96112.3%34.5%
3Porto
Strict
9,30178%€93€26,86512.3%34.5%
4Albufeira
Strict
3,50170%€146€37,86812.3%34.5%

10 Best Places for Airbnb Arbitrage in Portugal

PositionMarket NameRegulation No of ListingsAvg. Occupancy RateAvg. Daily RateRevenueShort-term Rental Yield Rent Gap
1Ponta delgada
Strict
74775%€119€33,08112.3%34.5%
2São miguel
Strict
1,99874%€128€34,86412.3%34.5%
3Faro
Strict
1,67874%€109€30,04012.3%34.5%
4Lagos
Strict
2,72077%€133€38,00012.3%34.5%
5Madeira
Strict
6,15189%€127€41,66312.3%34.5%
6Coimbra
Strict
55466%€76€18,67812.3%34.5%
7Albufeira
Strict
3,50170%€146€37,86812.3%34.5%
8Cascais
Strict
84571%€156€41,03312.3%34.5%
9Porto
Strict
9,30178%€93€26,86512.3%34.5%
10Braga pt
Strict
62859%€79€17,61012.3%34.5%


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