Top-Performing Airbnb Listings in Alfama, Portugal

Updated October 2026 · Data period: Sep 2025–Sep 2026

Compare 30 leading Airbnb listings in Alfama, ranked by the Airbtics Listing Score, a score out of 100 based on guest reviews, Guest Favorite status, and occupancy compared with the market median over the same period. See guest ratings, occupancy, average daily rates, and estimated annual revenue for each property.

Listings are ranked by the Airbtics Listing Score, a score out of 100 based on guest reviews, Guest Favorite status, and occupancy over the last 12 months.

How the score works

Factor Maximum points
Guest rating (vs. a 4.3 floor)30
Guest Favorite badge30
Occupancy (last 12 months)30
Operating scale (listing-months)10

When listings tie on the same score, the listing with more guest reviews ranks higher — a larger review history gives stronger evidence of sustained performance.

Revenue and nightly rate are shown separately so you can compare commercial performance alongside the score. This leaderboard highlights strong guest experience and booking performance — not the market’s highest earners by revenue alone.

Alfama Airbnb market at a glance

Listings tracked Median occupancy Median daily rate Median annual revenue
1,014 79% €115 €34,554

Market figures cover Sep 2025–Sep 2026 and provide context for the leaderboard below. See the full Alfama Market Overview →

Top 30 Airbnb listings in Alfama

Ranked by Listing Score among the 1,014 active Airbnb listings Airbtics tracks in Alfama. When listings tie on the same score, the one with more guest reviews ranks higher.

Rank Listing Scoreout of 100 Airbnb listing Guest rating Occupancy Average daily rate Estimated annual revenue Listing Insights
#1 90
A bright apartment in Sé
2 BR · Entire rental unit · Alfama
4.8
716 reviews
85–100% €177 €63,699 View listing
#2 90 4.9
699 reviews
85–100% €115 €36,872 View listing
#3 90
Charming Mezzanine Alfama. Design Apartment
2 BR · Entire rental unit · Alfama
4.9
676 reviews
85–100% €139 €46,892 View listing
#4 90
Alfama - Historic Center
1 BR · Entire rental unit · Alfama
4.9
625 reviews
85–100% €104 €38,104 View listing
#5 90
Air-Conditioned Chic Retreat, City Center, Passion
Studio BR · Entire rental unit · Alfama
4.9
604 reviews
85–100% €114 €36,686 View listing
#6 90
Fado S. Rafel, New, A/C
4 BR · Entire rental unit · Alfama
4.8
486 reviews
85–100% €176 €47,664 View listing
#7 90
Your balcony by the river 3BR+2Bath+Elevator+AC
3 BR · Entire rental unit · Alfama
4.8
478 reviews
85–100% €195 €55,952 View listing
#8 90
Beautiful Studio in Alfama w/AC Heating & Washer
1 BR · Entire rental unit · Alfama
4.8
467 reviews
85–100% €98 €31,133 View listing
#9 90
Alfama - Historic Center with River View
1 BR · Entire rental unit · Alfama
4.9
465 reviews
85–100% €110 €40,048 View listing
#10 90
* * Sé Central - Downtown View * *
2 BR · Entire condo · Alfama
4.8
462 reviews
85–100% €176 €53,626 View listing
#11 90
ALFAMA APARTMENT - BRIGHT, COZY & CHILL
2 BR · Entire rental unit · Alfama
5.0
454 reviews
85–100% €141 €44,323 View listing
#12 90
Discover Alfama from an apartment with river view
1 BR · Entire rental unit · Alfama
4.9
437 reviews
85% €132 €31,786 View listing
#13 90
Alfama Loft in the Heart of Lisbon - Terrace, AC
1 BR · Entire rental unit · Alfama
4.9
433 reviews
85–100% €115 €26,877 View listing
#14 90 5.0
418 reviews
84% €274 €86,037 View listing
#15 90
Great Duplex Apartment in Alfama w/ Aircon
2 BR · Entire rental unit · Alfama
4.8
405 reviews
83% €172 €43,527 View listing
#16 90
BB6 - COZY FLAT IN OLD LISBON
2 BR · Entire rental unit · Alfama
4.9
404 reviews
85–100% €114 €35,001 View listing
#17 90 5.0
400 reviews
85–100% €220 €72,157 View listing
#18 90 5.0
389 reviews
79% €269 €80,247 View listing
#19 90
Superb apartment in historical centre
1 BR · Entire rental unit · Alfama
4.9
371 reviews
85–100% €140 €44,360 View listing
#20 90
Cosy nest Alfama w/ AC & spectacular terrace view
1 BR · Entire rental unit · Alfama
4.8
371 reviews
85–100% €162 €54,699 View listing
#21 90
Updated Urban Chic Flat in 19th Century Building Alfama
2 BR · Entire rental unit · Alfama
4.9
371 reviews
85% €252 €72,914 View listing
#22 90
Adiça House-a cosy apartment in Alfama
2 BR · Entire rental unit · Alfama
4.9
364 reviews
85–100% €69 €21,101 View listing
#23 90
Baixa Cosy Apartment
1 BR · Entire rental unit · Alfama
4.9
349 reviews
83% €152 €39,223 View listing
#24 90
Alfastay 4 Duplex - in the heart of Alfama!
1 BR · Entire rental unit · Alfama
4.9
349 reviews
85–100% €109 €29,623 View listing
#25 90
Baixa Charming Apartment
2 BR · Entire rental unit · Alfama
4.8
348 reviews
85–100% €223 €72,264 View listing
#26 90
Alfama apartment with river view
2 BR · Entire rental unit · Alfama
4.9
347 reviews
85–100% €162 €35,737 View listing
#27 90
True Portuguese Experience @ Alfama
2 BR · Entire rental unit · Alfama
4.8
342 reviews
83% €93 €27,998 View listing
#28 90
Padaria Historic Apt. MAIN SQ/SÉ
2 BR · Entire condo · Alfama
4.8
338 reviews
81% €169 €38,579 View listing
#29 90
Authentic apartment with great terrace, Alfama
4 BR · Entire condo · Alfama
5.0
334 reviews
85–100% €300 €93,077 View listing
#30 90
Stunning Apt - Iconic Historic Center Location
1 BR · Entire rental unit · Alfama
4.8
326 reviews
85–100% €175 €62,934 View listing

Data note: Every featured listing held Airbnb’s Guest Favorite badge as of 2026-10-30. Occupancy above 85% is shown as 85–100%. Revenue, occupancy and daily rates are Airbtics estimates for the stated data period.

Data Seen By

Explore listings in Alfama

Compare the 1,014 listings tracked in Alfama. Filter by property type, review revenue history, and build your own comp set in the Airbtics app.

Explore Alfama listings →

Alfama Airbnb listing FAQs

  • Which are the top-performing Airbnb listings in Alfama?

    A bright apartment in Sé ranks first on this leaderboard with a Listing Score of 90 out of 100. It has a 4.8 guest rating from 716 reviews and an estimated occupancy rate above 85% during Sep 2025–Sep 2026. The table shows how it compares with the other featured listings.

  • How are the listings ranked?

    Listings are ranked by the Airbtics Listing Score, which considers guest reviews, Guest Favorite status, and occupancy compared with similar local properties. When listings tie on the same score, the listing with more guest reviews ranks higher. To qualify, a listing must meet Airbnb rating data, at least 90 active days in the last 12 months, and occupancy data available.

    The score evaluates the combination of guest experience and booking performance. Revenue and nightly rate are shown separately so you can compare commercial performance alongside the score.

    Read the full scoring methodology →

  • How much do these Airbnb listings earn?

    Among the 30 featured listings with revenue estimates, estimated annual revenue ranges from €21,101 to €93,077, with a median of €43,925, during Sep 2025–Sep 2026.

    These figures describe the listings featured on this leaderboard. For a broader view, see Airbnb revenue across Alfama.

  • How does their occupancy compare with the market?

    The featured listings with occupancy estimates have a median occupancy rate above 85%, compared with 79% across Alfama during Sep 2025–Sep 2026.

    Listing occupancy above 85% is shown as a band (85–100%) rather than an exact figure.

  • What does Guest Favorite mean?

    Guest Favorite is an Airbnb badge identifying homes that stand out based on ratings, reviews and reliability. It applies to an individual listing.

    Every listing featured on this leaderboard held the Guest Favorite badge as of 2026-10-30. Learn how Airbnb identifies Guest Favorites →

  • Can I use these listings as Airbnb comps?

    Use the leaderboard to discover properties worth investigating, then choose comps that match your property’s location, bedrooms, property type and amenities. Include a wider range of comparable properties when estimating expected revenue, because this leaderboard highlights leading listings.

    You can filter listings and build your own comp set in the Airbtics app.

  • Can I see the historical data behind a listing?

    Open Listing Insights to review the property’s historical revenue, occupancy and nightly rates. You can also inspect calendar snapshots showing the availability and prices recorded over time.

    Explore listing-level data in Alfama →

Review monthly performance for each listing

See up to three years of estimated monthly revenue, occupancy and nightly rates for an individual listing. Investigate how its performance changes through the seasons and how it compares with the wider market. If you have an address in mind, use our calculator to estimate income for a specific property.

Monthly revenue, occupancy and average daily rate for an individual Airbnb listing in Airbtics.
Monthly revenue, occupancy and nightly rate for one listing.

Inspect the calendar observations behind the estimates

Review calendar snapshots from the last 12 months to see which nights were available or unavailable when Airbtics checked, along with the prices recorded for available nights.

An unavailable night can reflect a booking or an owner block. The snapshots give you a record of the observed calendar, so you can inspect the evidence alongside the estimated performance.

Historical coverage varies by listing.

Historical Airbnb calendar snapshots showing observed availability and nightly prices in Airbtics.
Calendar snapshots: observed availability and nightly prices.