Airbnb Market Analytics, Statistics and Data in Karavas, Northern Cyprus, Cyprus
Last updated: 2025-01-31
Looking to make more money with hosting or rental arbitraging Airbnbs, short-term rentals, vacation rentals in Karavas? 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 Karavas:
How much do Airbnb hosts make on average per month in Karavas?
The short-term rental market in Karavas 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 $1,406 per month
- Strong performing properties (top 25%) make $2,143 or more
- Best-in-class properties (top 10%) achieve $3,531+ monthly
- Entry-level properties (bottom 25%) typically earn around $803
Revenue Variations by Month
Occupancy Rates Throughout the Year in Karavas
The market in Karavas 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 43% occupancy rates
- Strong performing properties (top 25%) achieve 65% or higher
- Best-in-class properties (top 10%) reach 80%+occupancy
- Entry-level properties (bottom 25%) average around 20%
Occupancy Variations by Month
Average Daily Rates Seasonal Trends in Karavas
Daily rates in Karavas 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 $91 per night
- Strong performing properties (top 25%) secure $156 or more
- Best-in-class properties (top 10%) pull in $259+ per night
- Entry-level properties (bottom 25%) earn around $67
Daily Rate Variations by Month
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Seasonality patterns in Karavas
Peak Season (August, June, May)
- Revenue peaks at $2362.98 per month
- Occupancy rates reach 58.45%
- Daily rates average $135.37
Shoulder Season
- Revenue averages $1750.36 per month
- Occupancy maintains 43.62%
- Daily rates hold at $127.82
Low Season (November, December, January)
- Revenue drops to $986.59 per month
- Occupancy decreases to 31.63%
- Daily rates adjust to $122.13
Is it still profitable to do Airbnb in Karavas in 2025?
Yes! Karavas demonstrates highly seasonal trends requiring strategic adaptation, featuring a growing occupancy rate of 44% and solid monthly revenue averaging $1750 and The market's 133 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 Karavas
| Area | Why Choose This Area | Key Attractions |
|---|---|---|
| Karavas Beach | A serene location near the sea, attracting beachgoers and nature lovers. Ideal for those seeking relaxation and picturesque views. | Karavas Beach, Nature walks, Mediterranean cuisine restaurants, Water sports activities, Scuba diving opportunities |
| Kyrenia Harbor | A historical and picturesque harbor area in Kyrenia, perfect for tourists who enjoy seaside dining and shopping. A vibrant atmosphere surrounded by history. | Kyrenia Castle, Boat tours, Seaside restaurants, Historic buildings, Shopping areas |
| Bellapais | A charming village known for its abbey and stunning views over the coast. Attracts visitors interested in history, culture, and tranquility. | Bellapais Abbey, Scenic viewpoints, Local crafts shops, Traditional eateries, Cultural festivals |
| Lapta | A coastal town offering a mix of beaches and local culture. Great for families and those looking for a traditional Cypriot experience. | Lapta beaches, Water sports, Local markets, Dining by the sea, Historical sites |
| Bedia | A peaceful area with access to nature and local attractions. It’s popular among tourists looking for a quiet getaway close to amenities. | Nature trails, Local olive groves, Cultural experiences, Farmers' markets, Small, cozy cafes |
| Çatalköy | A growing area known for its views and proximity to both the coast and mountains. It appeals to those wanting a blend of sea and nature activities. | Golf courses, Hiking trails, Beaches, Nature parks, Local vineyards |
| Alsancak | A vibrant area known for its nightlife and dining options. Popular amongst tourists looking for entertainment and social activities. | Nightclubs, Restaurants, Local bars, Beach clubs, Cultural events |
| Karsiyaka | A charming district with a strong local culture and beautiful coastal views. Great for tourists wanting an authentic experience. | Local markets, Traditional Cypriot restaurants, Beaches, Walking paths, Cultural landmarks |
Do you need a license for Airbnb in Karavas?
We recommend checking directly with Karavas's local government regarding short-term rental licensing requirements. Current market data shows limited licensing information (2% of listings), making it essential to verify current regulations before starting your Airbnb business.
Top Performing Airbnb Properties in Karavas
5+1 Luxury Villa. Views & More! Kyrenia
Entire Place • 5 bedrooms
villa mare
Entire Place • 4 bedrooms
Villa, Near to Merit Hotel and The Sea, fast Wi-Fi
Entire Place • 2 bedrooms
Unique 4 Bed. Villa sUNset - super lux residence
Entire Place • 4 bedrooms
North Cyprus Villa
Entire Place • 5 bedrooms
4 Bedroom Villa with private pool in Alsancak
Entire Place • 4 bedrooms
Top Performing Professional Hosts in Karavas
Additional analytics on vacation rental, real estate, short term rental data in Karavas
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 (97.7%), with apartment & condo and house properties comprising 96.3% of inventory
- Untapped potential in boutique & hotels segments (3.8% combined)
Room Capacity Distribution
Analysis of 133 properties in Karavas shows that 2 bedrooms properties are most prevalent, making up 36.8% of the market. The market tends to favor smaller properties, with 2 bedrooms and 1 bedroom together representing 71.4% of all listings.
Key Insights
- Most common: 2 bedrooms (36.8%)
- Least common: 5+ bedrooms (2.3%)
- Market concentration: 71.4% in top 2 sizes
- Market skew: Favors smaller properties
Guest Capacity Distribution
Analysis of 133 properties in Karavas reveals that 4 guests properties dominate the market, representing 29.3% of all listings. The average property accommodates 4.7 guests, with a clear trend towards larger guest capacities. Properties accommodating 4 guests and 3 guests make up 45.1% of the market.
Key Insights
- Most common capacity: 4 guests (29.3% of market)
- Least common capacity: 7 guests (3% of market)
- Average guest capacity: 4.7 guests per property
- Market concentration: 45.1% in top 2 capacity sizes
- Market segmentation: Predominantly larger guest capacities
Booking and Availability Patterns
Available Days Distribution
Booked Days Distribution
Among 133 properties in Karavas, the most common availability pattern is 271-366 days (43.6% of properties). For actual bookings, properties most frequently secure bookings for 91-180 days (28.6% of properties).
Key Insights
- Most common availability window: 271-366 days (43.6%)
- Most common booking duration: 91-180 days (28.6%)
- Properties with high availability (180+ days): 71.4%
- Properties with long-term bookings (180+ days): 29.3%
Minimum Stay Distributions
1 Night
16 listings
14.4% of total
2 Nights
18 listings
16.2% of total
3 Nights
51 listings
45.9% of total
4-6 Nights
20 listings
18% of total
7-29 Nights
3 listings
2.7% of total
30+ Nights
3 listings
2.7% of total
Key Insights
- Short stays (1-2 nights) dominate the market at 30.6%
- Mid-length stays (4-6 nights) represent 18% of listings
- Monthly+ stays (2.7%) suggest a stable extended-stay market
- High market flexibility with 76.5% 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
- Implement different minimum stays for weekends vs. weekdays
Cancellation Policy Distribution
Flexible
23 listings
29.5% of total
Moderate
19 listings
24.4% of total
Firm
15 listings
19.2% of total
Strict
21 listings
26.9% of total
Key Insights
- Flexible is the preferred policy at 29.5% of listings
- The market shows a balanced distribution between guest-friendly (53.9%) and strict (46.1%) policies
- Firm policies are least common at 19.2% of listings
Recommendations
- Market supports various policies - choose based on your property type and target guests
- Diverse policy distribution indicates an opportunity to differentiate through policy choice
- Consider generous cancellation terms as a competitive advantage
Booking Lead Time Trends
Key Insights
- Peak booking lead times occur in May, Jul, Jun, averaging 71 days
- Shortest booking windows are in Feb, Dec, Jan, averaging 27 days
- Summer shows the longest average booking window at 59 days, while Winter has the shortest at 27 days
Recommendations
- Implement dynamic pricing strategies for Summer bookings at least 59 days in advance
- Consider early bird discounts during Winter to encourage longer lead times
- Focus on last-minute booking promotions during Feb-Jan when lead times are shortest
Popular Airbnb Amenities in Karavas
Below is the distribution of amenities across listings in Karavas:
Traveler Demographics
Key Insights
- Domestic travelers make up 1.4% of total guests, indicating a mostly international-driven market.
- Primary international markets: Turkey (31.5%) and United Kingdom (17.6%)
- English is the top language at 45.7%, followed by Turkish (39.8%)
- Notable demographic segment in <=1950s (Pre-1950s (Silent Gen)) at 1.9%
Recommendations
- Target marketing campaigns for İstanbul and Ankara markets
- Develop localized content for Turkey and United Kingdom
- 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 Karavas. These nearby markets offer diverse opportunities for property investors and hosts:
| Market | Properties | Monthly Revenue | Daily Rate | Occupancy |
|---|---|---|---|---|
| Κοινότητα Έμπας | 11 | $2,363 | $213.55 | 46% |
| Sotira | 149 | $2,232 | $288.50 | 38% |
| Tsada | 12 | $2,209 | $193.88 | 48% |
| Pachna | 11 | $2,185 | $191.31 | 48% |
| Kouklia | 103 | $1,989 | $394.69 | 33% |
| Peristerona | 11 | $1,956 | $247.53 | 38% |
| Zygi | 12 | $1,943 | $108.85 | 56% |
| Pervolia | 93 | $1,919 | $172.12 | 47% |
| Κοινότητα Μουτταγιάκας | 14 | $1,884 | $154.54 | 41% |
| Peyia | 612 | $1,865 | $259.28 | 41% |
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