Airbnb Market Analytics, Statistics and Data in Ierapetra Municipal Unit, Region of Crete, Greece
Last updated: 2025-01-31
Looking to make more money with hosting or rental arbitraging Airbnbs, short-term rentals, vacation rentals in Ierapetra Municipal Unit? 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 Ierapetra Municipal Unit:
How much do Airbnb hosts make on average per month in Ierapetra Municipal Unit?
The short-term rental market in Ierapetra Municipal Unit 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 $818 per month
- Strong performing properties (top 25%) make $1,692 or more
- Best-in-class properties (top 10%) achieve $3,101+ monthly
- Entry-level properties (bottom 25%) typically earn around $368
Revenue Variations by Month
Occupancy Rates Throughout the Year in Ierapetra Municipal Unit
The market in Ierapetra Municipal Unit 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 29% occupancy rates
- Strong performing properties (top 25%) achieve 51% or higher
- Best-in-class properties (top 10%) reach 72%+occupancy
- Entry-level properties (bottom 25%) average around 14%
Occupancy Variations by Month
Average Daily Rates Seasonal Trends in Ierapetra Municipal Unit
Daily rates in Ierapetra Municipal Unit 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 $80 per night
- Strong performing properties (top 25%) secure $116 or more
- Best-in-class properties (top 10%) pull in $237+ per night
- Entry-level properties (bottom 25%) earn around $61
Daily Rate Variations by Month
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Seasonality patterns in Ierapetra Municipal Unit
Peak Season (August, July, September)
- Revenue peaks at $2567.02 per month
- Occupancy rates reach 58.86%
- Daily rates average $144.41
Shoulder Season
- Revenue averages $1548.62 per month
- Occupancy maintains 34.80%
- Daily rates hold at $129.60
Low Season (November, January, December)
- Revenue drops to $716.01 per month
- Occupancy decreases to 20.27%
- Daily rates adjust to $120.20
Is it still profitable to do Airbnb in Ierapetra Municipal Unit in 2025?
Yes! Ierapetra Municipal Unit demonstrates highly seasonal trends requiring strategic adaptation, featuring a growing occupancy rate of 35% and monthly revenue averaging $1549 and With 409 active listings, the market shows established demand while maintaining room for growth. 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 Ierapetra Municipal Unit
| Area | Why Choose This Area | Key Attractions |
|---|---|---|
| Agios Nikolaos | A charming coastal town known for its beautiful lake and vibrant atmosphere. It attracts tourists with its picturesque harbor and numerous dining and shopping options. | Lake Voulismeni, Spinalonga Island, Agios Nikolaos Beach, Archaeological Museum, Local markets and shops |
| Elounda | Famous for its luxury resorts and stunning views of the bay. Ideal for high-end tourism and visitors looking for a relaxing getaway with beautiful landscapes. | Spinalonga Island, Elounda Beach, Plaka Village, Historical sites, Luxury resorts and spas |
| Ierapetra Town | Known as the southernmost town in Europe, offering a mix of history and modern amenities. Attracts beachgoers and those interested in local culture and cuisine. | Ierapetra Beach, Kastellos (ancient fortress), Local tavernas and shops, Historical museum of Ierapetra, Nearby natural attractions |
| Koutsounari | A tranquil coastal village known for its beautiful beaches and welcoming atmosphere. Popular with families and those looking to escape the crowds. | Koutsounari Long Beach, Ferma Beach, Taverna beachfront dining, Natural landscapes, Local events and markets |
| Makrigialos | A picturesque village with stunning beaches and a relaxed vibe. It is favored by visitors seeking a laid-back atmosphere and natural beauty. | Makrigialos Beach, Daidalos Beach, Local hiking trails, Cafes and restaurants, Cultural heritage sites |
| Agia Fotia | A serene and lesser-known beach community, ideal for those looking to unwind. Great for nature lovers and those who appreciate quiet beaches. | Agia Fotia Beach, Local flora and fauna, Traditional Cretan architecture, Secluded nature spots, Nearby hiking trails |
| Sitia | A historical town with a rich cultural heritage and beautiful coastal views. It is a great spot for experiencing authentic Cretan life. | Sitia Archaeological Museum, Vai Palm Beach, Basilica of Toplou, Local vineyards, Port of Sitia |
| Pachia Ammos | A quiet village with an expansive sandy beach. Attracts visitors looking for peace and simplicity by the sea. | Pachia Ammos Beach, Small tavernas, Hiking options nearby, Natural beauty, Local markets |
Do you need a license for Airbnb in Ierapetra Municipal Unit?
Yes, Ierapetra Municipal Unit requires a license for operating an Airbnb. Current market data shows 75% of active listings maintain proper licensing, confirming this requirement. Getting licensed is an essential first step before listing your property.
Top Performing Airbnb Properties in Ierapetra Municipal Unit
Beach Villa in Crete - Ava
Entire Place • 4 bedrooms
Aerope SeaView Villa, a Family Retreat
Entire Place • 5 bedrooms
Villa K-Villa with private pool
Entire Place • 3 bedrooms
Beachfront Villa on Crete Ierapetra - Kirvas
Entire Place • 5 bedrooms
New Villa with heated Pool, BBQ & Kids Playground
Entire Place • 3 bedrooms
''Nouvelle Villa'' overlooking the sea
Entire Place • 3 bedrooms
Top Performing Professional Hosts in Ierapetra Municipal Unit
| Host Name | Properties | Grossing Revenue | Stay Reviews | Avg Rating |
|---|---|---|---|---|
| Georgios | 3 | $277,790 | 29 | 4.96/5.0 |
| Antonis | 4 | $183,309 | 7 | 1.22/5.0 |
| Marilou | 2 | $131,633 | 26 | 5.00/5.0 |
| Konstantinos | 3 | $129,974 | 257 | 4.90/5.0 |
| Valia | 1 | $116,930 | 6 | 5.00/5.0 |
| Manos | 1 | $97,111 | 54 | 4.98/5.0 |
| Manos | 12 | $94,905 | 118 | 4.54/5.0 |
| Nikos | 1 | $89,169 | 11 | 5.00/5.0 |
| Avital | 1 | $81,995 | 31 | 4.87/5.0 |
| Emmanouela | 4 | $77,431 | 184 | 4.87/5.0 |
Additional analytics on vacation rental, real estate, short term rental data in Ierapetra Municipal Unit
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 (94.4%), with apartment & condo and house properties comprising 95.9% of inventory
- Untapped potential in boutique & hotels, others, outdoor & mobile, unique stays segments (4.1% combined)
Room Capacity Distribution
Analysis of 409 properties in Ierapetra Municipal Unit shows that 1 bedroom properties are most prevalent, making up 49.6% of the market. The market tends to favor smaller properties, with 1 bedroom and 2 bedrooms together representing 78.5% of all listings.
Key Insights
- Most common: 1 bedroom (49.6%)
- Least common: 5+ bedrooms (2%)
- Market concentration: 78.5% in top 2 sizes
- Market skew: Favors smaller properties
Guest Capacity Distribution
Analysis of 409 properties in Ierapetra Municipal Unit reveals that 4 guests properties dominate the market, representing 32.3% of all listings. The average property accommodates 4.0 guests, with a clear trend towards larger guest capacities. Properties accommodating 4 guests and 2 guests make up 53.3% of the market.
Key Insights
- Most common capacity: 4 guests (32.3% of market)
- Least common capacity: 7 guests (1.2% of market)
- Average guest capacity: 4.0 guests per property
- Market concentration: 53.3% in top 2 capacity sizes
- Market segmentation: Predominantly larger guest capacities
Booking and Availability Patterns
Available Days Distribution
Booked Days Distribution
Among 409 properties in Ierapetra Municipal Unit, the most common availability pattern is 271-366 days (68.2% of properties). For actual bookings, properties most frequently secure bookings for 31-90 days (37.2% of properties).
Key Insights
- Most common availability window: 271-366 days (68.2%)
- Most common booking duration: 31-90 days (37.2%)
- Properties with high availability (180+ days): 93.4%
- Properties with long-term bookings (180+ days): 6.8%
Minimum Stay Distributions
1 Night
45 listings
12.2% of total
2 Nights
112 listings
30.4% of total
3 Nights
99 listings
26.9% of total
4-6 Nights
85 listings
23.1% of total
7-29 Nights
18 listings
4.9% of total
30+ Nights
9 listings
2.4% of total
Key Insights
- Short stays (1-2 nights) dominate the market at 42.6%
- Mid-length stays (4-6 nights) represent 23.1% of listings
- Monthly+ stays (2.4%) suggest a stable extended-stay market
- High market flexibility with 69.5% 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
Super Strict 60 Days
1 listings
0.3% of total
Flexible
45 listings
13.5% of total
Moderate
56 listings
16.8% of total
Firm
118 listings
35.4% of total
Strict
113 listings
33.9% of total
Key Insights
- Firm is the preferred policy at 35.4% of listings
- Stricter policies (Firm & Strict) dominate at 69.3% of the market
- Strong market consensus around Firm policies
- Super Strict 60 Days policies are least common at 0.3% of listings
Recommendations
- The market supports stricter policies, with 69.3% using Firm or Strict terms
- Strong market preference for Firm policies suggests this should be your baseline
Booking Lead Time Trends
Key Insights
- Peak booking lead times occur in Oct, Jun, Jan, averaging 99 days
- Shortest booking windows are in Mar, Feb, Dec, averaging 64 days
- Fall shows the longest average booking window at 90 days, while Winter has the shortest at 69 days
Recommendations
- Implement dynamic pricing strategies for Fall bookings at least 90 days in advance
- Consider early bird discounts during Winter to encourage longer lead times
- Focus on last-minute booking promotions during Mar-Dec when lead times are shortest
Popular Airbnb Amenities in Ierapetra Municipal Unit
Below is the distribution of amenities across listings in Ierapetra Municipal Unit:
Traveler Demographics
Key Insights
- Domestic travelers make up 8% of total guests, indicating a mostly international-driven market.
- Primary international markets: France (30%) and United Kingdom (12.1%)
- English is the top language at 46.6%, followed by German (20.4%)
- Notable demographic segment in <=1950s (Pre-1950s (Silent Gen)) at 6.0%
Recommendations
- Target marketing campaigns for Berlin and Paris markets
- Develop localized content for France and United Kingdom
- Prioritize English and German 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 Ierapetra Municipal Unit. These nearby markets offer diverse opportunities for property investors and hosts:
| Market | Properties | Monthly Revenue | Daily Rate | Occupancy |
|---|---|---|---|---|
| Skaleta | 59 | $5,076 | $533.98 | 47% |
| Violi Charaki | 21 | $5,044 | $418.70 | 51% |
| Perama | 24 | $4,970 | $427.73 | 52% |
| Pithari | 16 | $4,952 | $472.08 | 52% |
| Ia Municipal Unit | 800 | $4,788 | $458.42 | 48% |
| Viranepiskopi | 10 | $4,424 | $408.51 | 54% |
| Municipality of Milopotamos | 19 | $3,815 | $344.26 | 52% |
| Tsikalaria | 10 | $3,671 | $322.69 | 53% |
| Amnatos | 10 | $3,527 | $643.92 | 45% |
| Xiro Chorio | 18 | $3,475 | $417.58 | 42% |
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