Klaksvik Airbnb Market Analysis 2025: Short Term Rental Data & Vacation Rental Statistics in Norðoyar region, Faroe Islands
Is Airbnb profitable in Klaksvik in 2025? Explore comprehensive Airbnb analytics for Klaksvik, Norðoyar region, Faroe Islands to uncover income potential. This 2025 STR market report for Klaksvik, based on AirROI data from April 2024 to March 2025, reveals key trends in the niche market of 49 active listings.
Whether you're considering an Airbnb investment in Klaksvik, optimizing your existing vacation rental, or exploring rental arbitrage opportunities, understanding the Klaksvik Airbnb data is crucial. Leveraging the low regulation environment is key to maximizing your short term rental income potential. Let's dive into the specifics.
Key Klaksvik Airbnb Performance Metrics Overview
Monthly Airbnb Revenue Variations & Income Potential in Klaksvik (2025)
Understanding the monthly revenue variations for Airbnb listings in Klaksvik is key to maximizing your short term rental income potential. Seasonality significantly impacts earnings. Our analysis, based on data from the past 12 months, shows that the peak revenue month for STRs in Klaksvik is typically July, while March often presents the lowest earnings, highlighting opportunities for strategic pricing adjustments during shoulder and low seasons. Explore the typical Airbnb income in Klaksvik across different performance tiers:
- Best-in-class properties (Top 10%) achieve $4,379+ monthly, often utilizing dynamic pricing and superior guest experiences.
- Strong performing properties (Top 25%) earn $3,001 or more, indicating effective management and desirable locations/amenities.
- Typical properties (Median) generate around $1,971 per month, representing the average market performance.
- Entry-level properties (Bottom 25%) see earnings around $1,421, often with potential for optimization.
Average Monthly Airbnb Earnings Trend in Klaksvik
Klaksvik Airbnb Occupancy Rate Trends (2025)
Maximize your bookings by understanding the Klaksvik STR occupancy trends. Seasonal demand shifts significantly influence how often properties are booked. Typically, Julysees the highest demand (peak season occupancy), while January experiences the lowest (low season). Effective strategies, like adjusting minimum stays or offering promotions, can boost occupancy during slower periods. Here's how different property tiers perform in Klaksvik:
- Best-in-class properties (Top 10%) achieve 73%+ occupancy, indicating high desirability and potentially optimized availability.
- Strong performing properties (Top 25%) maintain 58% or higher occupancy, suggesting good market fit and guest satisfaction.
- Typical properties (Median) have an occupancy rate around 43%.
- Entry-level properties (Bottom 25%) average 32% occupancy, potentially facing higher vacancy.
Average Monthly Occupancy Rate Trend in Klaksvik
Average Daily Rate (ADR) Airbnb Trends in Klaksvik (2025)
Effective short term rental pricing strategy in Klaksvik involves understanding monthly ADR fluctuations. The Average Daily Rate (ADR) for Airbnb in Klaksvik typically peaks in August and dips lowest during October. Leveraging Airbnb dynamic pricing tools or strategies based on this seasonality can significantly boost revenue. Here's a look at the typical nightly rates achieved:
- Best-in-class properties (Top 10%) command rates of $223+ per night, often due to premium features or locations.
- Strong performing properties (Top 25%) achieve nightly rates of $178 or more.
- Typical properties (Median) charge around $140 per night.
- Entry-level properties (Bottom 25%) earn around $117 per night.
Average Daily Rate (ADR) Trend by Month in Klaksvik
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Airbnb Seasonality Analysis & Trends in Klaksvik (2025)
Peak Season (July, August, June)
- Revenue averages $3,977 per month
- Occupancy rates average 73.4%
- Daily rates average $160
Shoulder Season
- Revenue averages $2,144 per month
- Occupancy maintains around 41.7%
- Daily rates hold near $152
Low Season (January, March, November)
- Revenue drops to average $1,079 per month
- Occupancy decreases to average 20.0%
- Daily rates adjust to average $153
Seasonality Insights for Klaksvik
- The Airbnb seasonality in Klaksvik shows highly seasonal trends requiring careful strategy. While the sections above show seasonal averages, it's also insightful to look at the extremes:
- During the high season, the absolute peak month showcases Klaksvik's highest earning potential, with monthly revenues capable of climbing to $4,316, occupancy reaching a high of 79.2%, and ADRs peaking at $163.
- Conversely, the slowest single month of the year, typically falling within the low season, marks the market's lowest point. In this month, revenue might dip to $898, occupancy could drop to 14.8%, and ADRs may adjust down to $150.
- Understanding both the seasonal averages and these monthly peaks and troughs in revenue, occupancy, and ADR is crucial for maximizing your Airbnb profit potential in Klaksvik.
Seasonal Strategies for Maximizing Profit
- Peak Season: Maximize revenue through premium pricing and potentially longer minimum stays. Ensure high availability.
- Low Season: Offer competitive pricing, special promotions (e.g., extended stay discounts), and flexible cancellation policies. Target off-season travelers like remote workers or budget-conscious guests.
- Shoulder Seasons: Implement dynamic pricing that balances peak and low rates. Target weekend travelers or specific events. Offer slightly more flexible terms than peak season.
- Regularly analyze your own performance against these Klaksvik seasonality benchmarks and adjust your pricing and availability strategy accordingly.
Best Areas for Airbnb Investment in Klaksvik (2025)
Exploring the top neighborhoods for short-term rentals in Klaksvik? This section highlights key areas, outlining why they are attractive for hosts and guests, along with notable local attractions. Consider these locations based on your target guest profile and investment strategy.
| Neighborhood / Area | Why Host Here? (Target Guests & Appeal) | Key Attractions & Landmarks |
|---|---|---|
| Klaksvik Marina | The heart of Klaksvik with scenic views, easy access to boating and fishing activities, and a central location for tourists. Ideal for guests looking to experience local watersports. | Klaksvik Harbor, Bøsdalafossur Waterfall, Vallarfoss, Bøsdalur, Føroyar Museum |
| Bøur | A picturesque village with stunning views of the surrounding mountains and fjords. Perfect for guests looking for tranquility and scenic landscapes. | Bøsdalafossur Waterfall, Bøur Church, Viewpoint at Bøur, Hiking Trails, Birdwatching |
| Sakslíkur | Known for its hiking trails and outdoor adventures, providing a great experience for nature lovers and those looking to explore the natural beauty of the Faroe Islands. | Hiking Trails, Scenic Lookouts, Wildlife Viewing, Local Flora and Fauna, Waterfalls |
| Gjógv | Famous for its dramatic cliffs and natural harbor, Gjógv offers unique landscapes and is a perfect spot for eco-tourism and adventure sports. | Gjógv Harbor, Hiking Trails, Cliffs and Caves, Local Cuisine, Fossá Waterfall |
| Nólsoy | An island located near Tórshavn, popular for its scenic views and rich birdlife. Ideal for guests who wish to explore the natural side of the Faroe Islands. | Nólsoy Lighthouse, Birdwatching, Hiking Trails on Nólsoy, Scenic Beaches, Local History |
| Nordragota | Known for its local culture and beautiful landscapes, Nordragota attracts tourists looking for a cultural experience and outdoor activities. | Hiking Trails, Cultural Sites, Local Craft Shops, Faroe Islands Historical Sites, Birdwatching |
| Eiðisvarv | A charming village with historical significance and beautiful coastal views. Great for tourists wanting to experience the traditional Faroe Islands lifestyle. | Eiðisvarv Church, Coastal Walks, Local History Museum, Fishing Opportunities, Scenic Views |
| Kunoy | Situated in a lush valley surrounded by towering mountains, Kunoy is ideal for hiking, fishing, and enjoying Faroese nature. | Kunoy Church, Hiking Trails, Breathtaking Scenery, Flora and Fauna, Cultural Experiences |
Understanding Airbnb License Requirements & STR Laws in Klaksvik (2025)
While Klaksvik, Norðoyar region, Faroe Islands currently shows low STR regulations, specific Airbnb license requirements might still exist or change. Always verify the latest short term rental regulations and Airbnb license requirements directly with local government authorities for Klaksvik to ensure full compliance before hosting.
(Source: AirROI data, 2025, finding no licensed listings among those analyzed)
Top Performing Airbnb Properties in Klaksvik (2025)
Benchmark your potential! Explore examples of top-performing Airbnb properties in Klaksvikbased on Trailing Twelve Month (TTM) revenue. Analyze their characteristics, revenue, occupancy rate, and ADR to understand what drives success in this market.
Luxurious panoramic boat house 1
Entire Place • 3 bedrooms
BRAND NEW FLAT IN CENTRAL KLAKSVÍK
Entire Place • 2 bedrooms
Luxury boathouse - Ásustova
Entire Place • 2 bedrooms
Apartment in Klaksvík town center - great view
Entire Place • 3 bedrooms
Luxurious panoramic boat house 2
Entire Place • 3 bedrooms
Luxury souterrain apartment, near Klaksvik city center.
Entire Place • 1 bedroom
Note: Performance varies based on location, size, amenities, seasonality, and management quality. Data reflects the past 12 months.
Top Performing Airbnb Hosts in Klaksvik (2025)
Learn from the best! This table showcases top-performing Airbnb hosts in Klaksvik based on the number of properties managed and estimated total revenue over the past year. Analyze their scale and performance metrics.
| Host Name | Properties | Grossing Revenue | Stay Reviews | Avg Rating |
|---|---|---|---|---|
| Eyðbjørn | 2 | $90,451 | 51 | 4.93/5.0 |
| Marita | 3 | $68,466 | 351 | 4.97/5.0 |
| Sigbritt | 3 | $52,013 | 205 | 4.80/5.0 |
| Jakup | 3 | $51,289 | 326 | 4.81/5.0 |
| Vígdis | 3 | $50,727 | 285 | 4.80/5.0 |
| Rógvi | 1 | $47,409 | 44 | 4.91/5.0 |
| Guri | 1 | $46,329 | 20 | 4.95/5.0 |
| Kristian | 1 | $44,419 | 327 | 4.88/5.0 |
| Kirsten | 1 | $39,970 | 223 | 4.99/5.0 |
| Monika | 1 | $35,096 | 40 | 4.80/5.0 |
Analyzing the strategies of top hosts, such as their property selection, pricing, and guest communication, can offer valuable lessons for optimizing your own Airbnb operations in Klaksvik.
Dive Deeper: Advanced Klaksvik STR Market Data (2025)
Ready to unlock more insights? AirROI provides access to advanced metrics and comprehensive Airbnb data for Klaksvik. Explore detailed analytics beyond this report to refine your investment strategy, optimize pricing, and maximize your vacation rental profits.
Explore Advanced MetricsKlaksvik Short-Term Rental Market Composition (2025): Property & Room Types
Room Type Distribution
Property Type Distribution
Market Composition Insights for Klaksvik
- The Klaksvik Airbnb market composition is heavily skewed towards Entire Home/Apt listings, which make up 100% of the 49 active rentals. This indicates strong guest preference for privacy and space.
- Looking at the property type distribution in Klaksvik, Apartment/Condo properties are the most common (63.3%), reflecting the local real estate landscape.
- Houses represent a significant 32.7% portion, catering likely to families or larger groups.
- Smaller segments like outdoor/unique, others (combined 4.0%) offer potential for unique stay experiences.
Klaksvik Airbnb Room Capacity Analysis (2025): Bedroom Distribution
Distribution of Listings by Number of Bedrooms
Room Capacity Insights for Klaksvik
- The dominant room capacity in Klaksvik is 1 bedroom listings, making up 42.9% of the market. This suggests a strong demand for properties suitable for couples or solo travelers.
- Together, 1 bedroom and 2 bedrooms properties represent 69.4% of the active Airbnb listings in Klaksvik, indicating a high concentration in these sizes.
- A significant 22.5% of listings offer 3+ bedrooms, catering to larger groups and families seeking more space in Klaksvik.
Klaksvik Vacation Rental Guest Capacity Trends (2025)
Distribution of Listings by Guest Capacity
Guest Capacity Insights for Klaksvik
- The most common guest capacity trend in Klaksvik vacation rentals is listings accommodating 4 guests (34.7%). This suggests the primary traveler segment is likely small families or groups.
- Properties designed for 4 guests and 2 guests dominate the Klaksvik STR market, accounting for 67.4% of listings.
- 22.4% of properties accommodate 6+ guests, serving the market segment for larger families or group travel in Klaksvik.
- On average, properties in Klaksvik are equipped to host 3.9 guests.
Klaksvik Airbnb Booking Patterns (2025): Available vs. Booked Days
Available Days Distribution
Booked Days Distribution
Booking Pattern Insights for Klaksvik
- The most common availability pattern in Klaksvik falls within the 181-270 days range, representing 49% of listings. This suggests many properties have significant open periods on their calendars.
- Approximately 73.5% of listings show high availability (181+ days open annually), indicating potential for increased bookings or specific owner usage patterns.
- For booked days, the 91-180 days range is most frequent in Klaksvik (53.1%), reflecting common guest stay durations or potential owner blocking patterns.
- A notable 26.5% of properties secure long booking periods (181+ days booked per year), highlighting successful long-term rental strategies or significant owner usage.
Klaksvik Airbnb Minimum Stay Requirements Analysis
Distribution of Listings by Minimum Night Requirement
1 Night
14 listings
28.6% of total
2 Nights
22 listings
44.9% of total
3 Nights
6 listings
12.2% of total
4-6 Nights
3 listings
6.1% of total
30+ Nights
4 listings
8.2% of total
Key Insights
- The most prevalent minimum stay requirement in Klaksvik is 2 Nights, adopted by 44.9% of listings. This highlights the market's preference for shorter, flexible bookings.
- A strong majority (73.5%) of the Klaksvik Airbnb data shows acceptance of very short stays (1-2 nights), indicating a dynamic, high-turnover market.
Recommendations
- Align with the market by considering a 2 Nights minimum stay, as 44.9% of Klaksvik hosts use this setting.
- If feasible, allowing 1-night stays, especially midweek or during low season, could capture last-minute bookings, as only 28.6% currently do.
- Explore offering discounts for stays of 30+ nights to attract the 8.2% of the market seeking extended stays.
- Adjust minimum nights based on seasonality – potentially shorter during low season and longer during peak demand periods in Klaksvik.
Klaksvik Airbnb Cancellation Policy Trends Analysis (2025)
Flexible
28 listings
57.1% of total
Moderate
15 listings
30.6% of total
Firm
3 listings
6.1% of total
Strict
3 listings
6.1% of total
Cancellation Policy Insights for Klaksvik
- The prevailing Airbnb cancellation policy trend in Klaksvik is Flexible, used by 57.1% of listings.
- The market strongly favors guest-friendly terms, with 87.7% of listings offering Flexible or Moderate policies. This suggests guests in Klaksvik may expect booking flexibility.
- Strict cancellation policies are quite rare (6.1%), potentially making listings with this policy less competitive unless justified by high demand or property type.
Recommendations for Hosts
- Consider adopting a Flexible policy to align with the 57.1% market standard in Klaksvik.
- Given the high prevalence of Flexible policies (57.1%), offering this can enhance booking appeal, especially during shoulder seasons.
- Using a Strict policy might deter some guests, as only 6.1% of listings use it. Evaluate if potential revenue protection outweighs possible lower booking rates.
- Regularly review your cancellation policy against competitors and market demand shifts in Klaksvik.
Klaksvik STR Booking Lead Time Analysis (2025)
Average Booking Lead Time by Month
Booking Lead Time Insights for Klaksvik
- The overall average booking lead time for vacation rentals in Klaksvik is 86 days.
- Guests book furthest in advance for stays during July (average 167 days), likely coinciding with peak travel demand or local events.
- The shortest booking windows occur for stays in March (average 37 days), indicating more last-minute travel plans during this time.
- Seasonally, Summer (138 days avg.) sees the longest lead times, while Winter (50 days avg.) has the shortest, reflecting typical travel planning cycles.
Recommendations for Hosts
- Use the overall average lead time (86 days) as a baseline for your pricing and availability strategy in Klaksvik.
- For July stays, consider implementing length-of-stay discounts or slightly higher rates for bookings made less than 167 days out to capitalize on advance planning.
- Target marketing efforts for the Summer season well in advance (at least 138 days) to capture early planners.
- Monitor your own booking lead times against these Klaksvik averages to identify opportunities for dynamic pricing adjustments.
Popular & Essential Airbnb Amenities in Klaksvik (2025)
Amenity Prevalence
Amenity Insights for Klaksvik
- Essential amenities in Klaksvik that guests expect include: Kitchen, Heating, Wifi, Smoke alarm, Refrigerator, Dishes and silverware. Lacking these (any) could significantly impact bookings.
- Popular amenities like Essentials, Hot water, Hangers are common but not universal. Offering these can provide a competitive edge.
Recommendations for Hosts
- Ensure your listing includes all essential amenities for Klaksvik: Kitchen, Heating, Wifi, Smoke alarm, Refrigerator, Dishes and silverware.
- Prioritize adding missing essentials: Heating, Wifi, Smoke alarm, Refrigerator, Dishes and silverware.
- Consider adding popular differentiators like Essentials or Hot water to increase appeal.
- Highlight unique or less common amenities you offer (e.g., hot tub, dedicated workspace, EV charger) in your listing description and photos.
- Regularly check competitor amenities in Klaksvik to stay competitive.
Klaksvik Airbnb Guest Demographics & Profile Analysis (2025)
Guest Profile Summary for Klaksvik
- The typical guest profile for Airbnb in Klaksvik consists of predominantly international visitors (98%), with top international origins including Germany, typically belonging to the Post-2000s (Gen Z/Alpha) group (50%), primarily speaking English or German.
- Domestic travelers account for 2.0% of guests.
- Key international markets include United States (26.7%) and Germany (8.3%).
- Top languages spoken are English (43.8%) followed by German (10.8%).
- A significant demographic segment is the Post-2000s (Gen Z/Alpha) group, representing 50% of guests.
Recommendations for Hosts
- Focus marketing internationally, particularly towards travelers from Germany.
- Tailor amenities and listing descriptions to appeal to the dominant Post-2000s (Gen Z/Alpha) demographic (e.g., highlight fast WiFi, smart home features, local guides).
- Highlight unique local experiences or amenities relevant to the primary guest profile.
- Consider seasonal promotions aligned with peak travel times for key origin markets.
Nearby Short-Term Rental Market Comparison
How does the Klaksvik Airbnb market stack up against its neighbors? Compare key performance metrics like average monthly revenue, ADR, and occupancy rates in surrounding areas to understand the broader regional STR landscape.
| Market | Active Properties | Monthly Revenue | Daily Rate | Avg. Occupancy |
|---|---|---|---|---|
| Gásadalur | 10 | $3,068 | $201.74 | 56% |
| Leynar | 16 | $2,430 | $217.19 | 51% |
| Miðvágur | 25 | $1,987 | $149.93 | 60% |
| Sandavágur | 20 | $1,835 | $181.69 | 55% |
| Vestmanna | 17 | $1,652 | $170.00 | 48% |
| Tórshavn | 248 | $1,586 | $173.00 | 48% |
| Gjógv | 10 | $1,571 | $184.23 | 44% |
| Strendur | 12 | $1,481 | $170.66 | 48% |
| Tvøroyri | 14 | $1,440 | $141.94 | 43% |
| Sørvágur | 28 | $1,371 | $144.12 | 47% |