Airbnb Market Analytics, Statistics and Data in MZ "Baščaršija", Federation of Bosnia and Herzegovina, Bosnia & Herzegovina
Last updated: 2025-01-31
Looking to make more money with hosting or rental arbitraging Airbnbs, short-term rentals, vacation rentals in MZ "Baščaršija"? AirROI have just the data insights! Over the last twelve months from February 2024 to January 2025, we've uncovered key trends and opportunities that successful hosts are leveraging in MZ "Baščaršija":
How much do Airbnb hosts make on average per month in MZ "Baščaršija"?
The short-term rental market in MZ "Baščaršija" shows distinct revenue patterns across different property tiers. Our analysis reveals that successful properties combine strategic pricing with quality management to maximize earnings potential. Market data demonstrates clear revenue differentiation among properties:
- Typical properties (median) earn $853 per month
- Strong performing properties (top 25%) make $1,425 or more
- Best-in-class properties (top 10%) achieve $2,196+ monthly
- Entry-level properties (bottom 25%) typically earn around $403
Revenue Variations by Month
Occupancy Rates Throughout the Year in MZ "Baščaršija"
The market in MZ "Baščaršija" shows distinct occupancy patterns influenced by seasonal trends and local dynamics. Properties that maintain high guest satisfaction scores and implement strategic pricing consistently achieve stronger occupancy rates. Current market data shows:
- Typical properties (median) maintain 38% occupancy rates
- Strong performing properties (top 25%) achieve 63% or higher
- Best-in-class properties (top 10%) reach 79%+occupancy
- Entry-level properties (bottom 25%) average around 19%
Occupancy Variations by Month
Average Daily Rates Seasonal Trends in MZ "Baščaršija"
Daily rates in MZ "Baščaršija" vary based on seasonality, property quality, and market dynamics. Properties that effectively balance competitive pricing with strong amenities typically command higher rates. Market analysis shows the following rate structure:
- Typical properties (median) generate $64 per night
- Strong performing properties (top 25%) secure $86 or more
- Best-in-class properties (top 10%) pull in $122+ per night
- Entry-level properties (bottom 25%) earn around $49
Daily Rate Variations by Month
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Seasonality patterns in MZ "Baščaršija"
Peak Season (July, August, June)
- Revenue peaks at $1496.54 per month
- Occupancy rates reach 58.36%
- Daily rates average $86.00
Shoulder Season
- Revenue averages $1061.84 per month
- Occupancy maintains 41.63%
- Daily rates hold at $77.53
Low Season (November, December, January)
- Revenue drops to $665.71 per month
- Occupancy decreases to 29.95%
- Daily rates adjust to $68.96
Is it still profitable to do Airbnb in MZ "Baščaršija" in 2025?
Yes! MZ "Baščaršija" demonstrates highly seasonal trends requiring strategic adaptation, featuring a growing occupancy rate of 42% and monthly revenue averaging $1062 and The market's 138 active listings indicate growing demand with plenty of opportunity for new properties. There's also room for profit through rental arbitrage strategies, if you can identify competitively priced properties. To maximize your return on investment, consider employing the following strategies:
Peak Season Strategy
- Implement premium seasonal pricing strategies
- Set longer minimum stay requirements during high-demand periods
- Enforce stricter cancellation policies
Shoulder Season Strategy
- Maintain competitive market-based pricing
- Offer moderate-length stay incentives
- Target a mix of leisure and business travelers with flexible booking terms
- Focus on weekend getaway packages and mid-week business traveler promotions
Low Season Strategy
- Adjust pricing to remain competitive in the market
- Target different guest segments (business travelers, long-term stays, holiday visitors, event attendees, remote workers)
- Create targeted promotional campaigns to drive occupancy
Top Places to Start Airbnb in MZ "Baščaršija"
| Area | Why Choose This Area | Key Attractions |
|---|---|---|
| Baščaršija | Historical and cultural heart of Sarajevo, offering visitors a glimpse into the rich heritage and traditional architecture of Bosnia. It's bustling with local artisans, shops, and eateries, making it a prime destination for tourists. | Gazi Husrev-beg Mosque, Sebilj Fountain, Bascarsija Market, Svrzo's House, Latin Bridge, Museum of Sarajevo |
| Mali Omer | A serene area near Baščaršija, known for its quaint streets and local charm, offering a mix of residential life and proximity to major attractions. Ideal for those seeking a peaceful yet convenient stay. | Gallery 11/07/95, Avaz Twist Tower, Vrelo Bosne, Gazi Baba Park |
| Grbavica | A vibrant neighborhood that blends traditional and modern elements, popular with locals and expats. Its proximity to downtown and various amenities makes it attractive for short-term rentals. | Grbavica Stadium, Shops and Cafes, Sarajevo Tunnel Museum |
| Old Town | Renowned for its historic charm and narrow streets, Old Town attracts tourists seeking an authentic experience. It features various shops, cultural sites, and eateries. | Baščaršija, Avaz Twist Tower, Sarajevo City Hall, East Sarajevo Market |
| Marijin Dvor | An upscale district known for its modern apartments and proximity to business centers, making it suitable for corporate guests and travelers seeking luxury stays. | Wilson's Promenade, Sarajevo City Center (SCC), Forest Park Bijela |
| Kosevo | A primarily residential area with a mix of traditional and contemporary architecture. It's quieter than Baščaršija but still close enough to major attractions. | Kosevo Stadium, Sacred Heart Cathedral, Parliament of the Federation of Bosnia and Herzegovina |
| Jelena | A suburban area that provides a different perspective of Sarajevo, with green spaces and local life. It's an excellent choice for families and long-term stays. | Local Parks, Family Restaurants, Nearby Recreational Areas |
| Pofalići | A neighborhood characterized by a mix of residential and commercial areas, popular with young professionals and students due to its vibrant atmosphere and amenities. | Pofalići Park, Various Local Cafés and Shops |
Do you need a license for Airbnb in MZ "Baščaršija"?
We recommend checking directly with MZ "Baščaršija"'s local government regarding short-term rental licensing requirements. Current market data shows limited licensing information (0% of listings), making it essential to verify current regulations before starting your Airbnb business.
Top Performing Airbnb Properties in MZ "Baščaršija"
Eva's Residence Old Town 3BDR Historic View
Entire Place • 3 bedrooms
Roma Apartment at Bascarsija
Entire Place • 3 bedrooms
150sqm Apartment with 4 units! GREAT FOR GROUPS
Entire Place • 5 bedrooms
Premium Living Sarajevo Downtown 1000sq/ft-93m2
Entire Place • 2 bedrooms
Two floor apartment in the Old Town 170 sqm
Entire Place • 4 bedrooms
Studio Gallery 29 - Ferhadija City Center!
Entire Place • N/A
Top Performing Professional Hosts in MZ "Baščaršija"
| Host Name | Properties | Grossing Revenue | Stay Reviews | Avg Rating |
|---|---|---|---|---|
| Flok | 11 | $138,318 | 999 | 4.56/5.0 |
| Iman | 3 | $63,467 | 90 | 4.96/5.0 |
| Enida | 1 | $54,731 | 114 | 4.99/5.0 |
| Admir | 4 | $43,179 | 30 | 4.87/5.0 |
| Fahro | 6 | $43,138 | 232 | 4.96/5.0 |
| Lejla | 4 | $40,852 | 320 | 4.96/5.0 |
| D&K Apartments | 3 | $35,663 | 146 | 4.95/5.0 |
| Mirza | 1 | $27,423 | 49 | 5.00/5.0 |
| Elvedin | 1 | $26,322 | 163 | 4.99/5.0 |
| Irhad | 1 | $25,994 | 102 | 4.74/5.0 |
Additional analytics on vacation rental, real estate, short term rental data in MZ "Baščaršija"
AirROI also have other key metrics and comprehensive data for your vacation rental, real estate needs. Go explore the advanced metrics that can help you make informed decisions:
Room Type Distribution
Property Type Distribution
Key Insights
- Market dominated by entire home listings (92.8%), with apartment & condo and boutique & hotels properties comprising 97.1% of inventory
- Untapped potential in house segments (2.9% combined)
Room Capacity Distribution
Analysis of 138 properties in MZ "Baščaršija" shows that 1 bedroom properties are most prevalent, making up 57.2% of the market. The market tends to favor smaller properties, with 1 bedroom and 2 bedrooms together representing 81.2% of all listings.
Key Insights
- Most common: 1 bedroom (57.2%)
- Least common: 5+ bedrooms (0.7%)
- Market concentration: 81.2% in top 2 sizes
- Market skew: Favors smaller properties
Guest Capacity Distribution
Analysis of 138 properties in MZ "Baščaršija" reveals that 4 guests properties dominate the market, representing 30.4% of all listings. The average property accommodates 3.8 guests, with a clear trend towards larger guest capacities. Properties accommodating 4 guests and 3 guests make up 52.9% of the market.
Key Insights
- Most common capacity: 4 guests (30.4% of market)
- Least common capacity: 1 guest (1.4% of market)
- Average guest capacity: 3.8 guests per property
- Market concentration: 52.9% in top 2 capacity sizes
- Market segmentation: Predominantly larger guest capacities
Booking and Availability Patterns
Available Days Distribution
Booked Days Distribution
Among 138 properties in MZ "Baščaršija", the most common availability pattern is 271-366 days (39.9% of properties). For actual bookings, properties most frequently secure bookings for 91-180 days (35.5% of properties).
Key Insights
- Most common availability window: 271-366 days (39.9%)
- Most common booking duration: 91-180 days (35.5%)
- Properties with high availability (180+ days): 74.6%
- Properties with long-term bookings (180+ days): 25.4%
Minimum Stay Distributions
1 Night
54 listings
41.9% of total
2 Nights
46 listings
35.7% of total
3 Nights
10 listings
7.8% of total
4-6 Nights
9 listings
7% of total
30+ Nights
10 listings
7.8% of total
Key Insights
- Short stays (1-2 nights) dominate the market at 77.6%
- Mid-length stays (4-6 nights) represent 7% of listings
- Monthly+ stays (7.8%) suggest a stable extended-stay market
- High market flexibility with 85.4% accepting 3 nights or less
Recommendations
- Set minimum stays between 2-3 nights to align with market standards
- Adjust minimum stays seasonally based on demand patterns
- Consider monthly stay discounts to capture the growing extended-stay market
- Implement different minimum stays for weekends vs. weekdays
Cancellation Policy Distribution
Flexible
55 listings
47% of total
Moderate
33 listings
28.2% of total
Firm
10 listings
8.5% of total
Strict
19 listings
16.2% of total
Key Insights
- Flexible is the preferred policy at 47.0% of listings
- Guest-friendly policies (Flexible & Moderate) dominate at 75.2% of the market
- Strong market consensus around Flexible policies
- Firm policies are least common at 8.5% of listings
Recommendations
- Consider starting with a Flexible policy to align with market preferences
- Strong market preference for Flexible policies suggests this should be your baseline
- Consider generous cancellation terms as a competitive advantage
Booking Lead Time Trends
Key Insights
- Peak booking lead times occur in Jun, Jul, Aug, averaging 55 days
- Shortest booking windows are in Dec, Nov, Oct, averaging 30 days
- Summer shows the longest average booking window at 55 days, while Fall has the shortest at 31 days
Recommendations
- Implement dynamic pricing strategies for Summer bookings at least 55 days in advance
- Consider early bird discounts during Fall to encourage longer lead times
- Focus on last-minute booking promotions during Dec-Oct when lead times are shortest
Popular Airbnb Amenities in MZ "Baščaršija"
Every property in MZ "Baščaršija" comes standard with Wifi. Below shows the distribution of other amenities:
Traveler Demographics
Key Insights
- Domestic travelers make up 0% of total guests, indicating a mostly international-driven market.
- Primary international markets: United Kingdom (29.7%) and Türkiye (15.5%)
- English is the top language at 61.1%, followed by Turkish (11.5%)
- Notable demographic segment in <=1950s (Pre-1950s (Silent Gen)) at 4.0%
Recommendations
- Target marketing campaigns for İstanbul and London markets
- Develop localized content for United Kingdom and Türkiye
- Prioritize English and Turkish language support
- Tailor experiences for Pre-1950s (Silent Gen) while maintaining broad age appeal
- Implement seasonal promotions aligned with key market travel patterns
Nearby Markets
Explore short-term rental performance in markets surrounding MZ "Baščaršija". These nearby markets offer diverse opportunities for property investors and hosts:
| Market | Properties | Monthly Revenue | Daily Rate | Occupancy |
|---|---|---|---|---|
| Majkovi | 19 | $2,694 | $331.76 | 43% |
| Lapčići | 10 | $2,679 | $295.11 | 44% |
| Ledenice | 10 | $2,651 | $396.08 | 42% |
| Močići | 29 | $2,404 | $262.00 | 43% |
| Grubine | 28 | $2,373 | $367.59 | 42% |
| Zavrelje | 23 | $2,253 | $436.29 | 55% |
| Zmijavci | 28 | $2,136 | $481.29 | 38% |
| Čilipi | 34 | $2,065 | $223.93 | 49% |
| Popovići | 11 | $1,992 | $267.07 | 43% |
| Dubrovnik | 4,977 | $1,990 | $198.90 | 52% |
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