Korakies Airbnb Market Analysis 2025: Short Term Rental Data & Vacation Rental Statistics in Region of Crete, Greece
Is Airbnb profitable in Korakies in 2025? Explore comprehensive Airbnb analytics for Korakies, Region of Crete, Greece to uncover income potential. This 2025 STR market report for Korakies, based on AirROI data from April 2024 to March 2025, reveals key trends in the niche market of 56 active listings.
Whether you're considering an Airbnb investment in Korakies, optimizing your existing vacation rental, or exploring rental arbitrage opportunities, understanding the Korakies Airbnb data is crucial. Navigating the high regulation landscape is key to maximizing your short term rental income potential. Let's dive into the specifics.
Key Korakies Airbnb Performance Metrics Overview
Monthly Airbnb Revenue Variations & Income Potential in Korakies (2025)
Understanding the monthly revenue variations for Airbnb listings in Korakies 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 Korakies is typically August, while February often presents the lowest earnings, highlighting opportunities for strategic pricing adjustments during shoulder and low seasons. Explore the typical Airbnb income in Korakies across different performance tiers:
- Best-in-class properties (Top 10%) achieve $6,485+ monthly, often utilizing dynamic pricing and superior guest experiences.
- Strong performing properties (Top 25%) earn $2,568 or more, indicating effective management and desirable locations/amenities.
- Typical properties (Median) generate around $1,261 per month, representing the average market performance.
- Entry-level properties (Bottom 25%) see earnings around $644, often with potential for optimization.
Average Monthly Airbnb Earnings Trend in Korakies
Korakies Airbnb Occupancy Rate Trends (2025)
Maximize your bookings by understanding the Korakies STR occupancy trends. Seasonal demand shifts significantly influence how often properties are booked. Typically, Augustsees the highest demand (peak season occupancy), while February 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 Korakies:
- Best-in-class properties (Top 10%) achieve 74%+ occupancy, indicating high desirability and potentially optimized availability.
- Strong performing properties (Top 25%) maintain 53% or higher occupancy, suggesting good market fit and guest satisfaction.
- Typical properties (Median) have an occupancy rate around 35%.
- Entry-level properties (Bottom 25%) average 20% occupancy, potentially facing higher vacancy.
Average Monthly Occupancy Rate Trend in Korakies
Average Daily Rate (ADR) Airbnb Trends in Korakies (2025)
Effective short term rental pricing strategy in Korakies involves understanding monthly ADR fluctuations. The Average Daily Rate (ADR) for Airbnb in Korakies typically peaks in August and dips lowest during November. 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 $386+ per night, often due to premium features or locations.
- Strong performing properties (Top 25%) achieve nightly rates of $163 or more.
- Typical properties (Median) charge around $86 per night.
- Entry-level properties (Bottom 25%) earn around $68 per night.
Average Daily Rate (ADR) Trend by Month in Korakies
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Airbnb Seasonality Analysis & Trends in Korakies (2025)
Peak Season (August, July, June)
- Revenue averages $4,257 per month
- Occupancy rates average 58.3%
- Daily rates average $196
Shoulder Season
- Revenue averages $2,185 per month
- Occupancy maintains around 35.2%
- Daily rates hold near $171
Low Season (February, November, December)
- Revenue drops to average $1,057 per month
- Occupancy decreases to average 23.5%
- Daily rates adjust to average $179
Seasonality Insights for Korakies
- The Airbnb seasonality in Korakies 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 Korakies's highest earning potential, with monthly revenues capable of climbing to $4,663, occupancy reaching a high of 65.5%, and ADRs peaking at $200.
- 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 $647, occupancy could drop to 18.4%, and ADRs may adjust down to $154.
- 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 Korakies.
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 Korakies seasonality benchmarks and adjust your pricing and availability strategy accordingly.
Best Areas for Airbnb Investment in Korakies (2025)
Exploring the top neighborhoods for short-term rentals in Korakies? 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 |
|---|---|---|
| Agios Nikolaos | A beautiful coastal town known for its stunning lake, beaches, and vibrant nightlife. It's a popular tourist destination with plenty of restaurants and cultural attractions. | Lake Voulismeni, Kitroplatia Beach, Spinalonga Island, Agios Nikolaos Archaeological Museum, Ammoudi Beach, Cretan Olive Oil Farm |
| Elounda | An upscale resort town known for its luxury hotels and beautiful views of the Mediterranean. Popular with tourists seeking relaxation and fine dining experiences. | Spinalonga Island, Elounda Beach, Korifasi Mountain, Olive Oil Farm, Ancient Olous, Plaka Village |
| Chania | A historic city with Venetian architecture, stunning harbor, and rich cultural history. Famous for its picturesque old town and nearby beaches. | Old Venetian Harbor, Chania Lighthouse, Samaria Gorge, Platanias Beach, Chania Archaeological Museum |
| Rethymno | Known for its preserved medieval old town, Rethymno boasts beautiful beaches and a lively atmosphere. Great for travelers interested in history and culture. | Fortezza Castle, Rethymno Old Town, Rethymno Beach, Archaeological Museum of Rethymno, Venetian Harbour |
| Matala | Famous for its historic caves and stunning beach, Matala has a unique 1960s hippie vibe and attracts visitors looking for a relaxed beach experience. | Matala Beach, Caves of Matala, Red Beach, Kokkini Ammos Beach, Ancient Matala |
| Sitia | A charming town with a rich ancient history, known for its beautiful landscapes and proximity to cultural sites. Great for those interested in authentic Cretan life. | Sitia Archaeological Museum, Vai Beach, Toplou Monastery, Kato Sitia Beach, Itanos |
| Aghios Georgios | A quiet village that offers beautiful beaches and easy access to natural parks, making it perfect for eco-tourism and tranquility seekers. | Aghios Georgios Beach, Valley of the Muses, Cretaquarium, Paleokastro, Turtle Beach |
| Kissamos | A coastal town that serves as a gateway to beautiful beaches and hiking paths. Known for its relaxed atmosphere and local wine production. | Kedrodasos Beach, Elafonissi Beach, Balos Lagoon, Gramvousa Island, Kissamos Archaeological Museum |
Understanding Airbnb License Requirements & STR Laws in Korakies (2025)
Yes, Korakies, Region of Crete, Greece enforces high STR regulations. Obtaining a license and ensuring compliance is almost certainly required according to current 2025 STR laws. Always verify the latest short term rental regulations and Airbnb license requirements directly with local government authorities for Korakies to ensure full compliance before hosting.
(Source: AirROI data, 2025, based on 84% licensed listings)
Top Performing Airbnb Properties in Korakies (2025)
Benchmark your potential! Explore examples of top-performing Airbnb properties in Korakiesbased on Trailing Twelve Month (TTM) revenue. Analyze their characteristics, revenue, occupancy rate, and ADR to understand what drives success in this market.
Panoramic sea views, private heated pool & jacuzzi
Entire Place • 5 bedrooms
Villa Ampelaki - Premium Villa with heated pool
Entire Place • 5 bedrooms
Lux Villa★Private Pool+Hydromassage★BBQ★SeaView
Entire Place • 5 bedrooms
Le Mont Blanc 3 bedroom apt with shared pool
Entire Place • 3 bedrooms
Villa Afroditi near CHQ Airport w/ Pool & Bay View
Entire Place • 3 bedrooms
Chania Elite Home, Enjoy an Oasis by a Heated Pool
Entire Place • 2 bedrooms
Note: Performance varies based on location, size, amenities, seasonality, and management quality. Data reflects the past 12 months.
Top Performing Airbnb Hosts in Korakies (2025)
Learn from the best! This table showcases top-performing Airbnb hosts in Korakies 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 |
|---|---|---|---|---|
| Maria | 11 | $192,710 | 771 | 4.92/5.0 |
| Aggeliki | 3 | $182,838 | 44 | 3.33/5.0 |
| Kostas | 1 | $176,288 | 16 | 4.81/5.0 |
| Homeleader | 1 | $75,301 | 72 | 4.81/5.0 |
| Αφροδιτη | 1 | $58,066 | 11 | 5.00/5.0 |
| Effrosyni | 1 | $50,835 | 45 | 5.00/5.0 |
| Aretaki | 1 | $46,445 | 15 | 4.93/5.0 |
| Katakis Family | 1 | $41,474 | 9 | 5.00/5.0 |
| Λευτέρης-Ελένη | 1 | $39,605 | 7 | 5.00/5.0 |
| Georgios | 2 | $28,742 | 164 | 4.96/5.0 |
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 Korakies.
Dive Deeper: Advanced Korakies STR Market Data (2025)
Ready to unlock more insights? AirROI provides access to advanced metrics and comprehensive Airbnb data for Korakies. Explore detailed analytics beyond this report to refine your investment strategy, optimize pricing, and maximize your vacation rental profits.
Explore Advanced MetricsKorakies Short-Term Rental Market Composition (2025): Property & Room Types
Room Type Distribution
Property Type Distribution
Market Composition Insights for Korakies
- The Korakies Airbnb market composition is heavily skewed towards Entire Home/Apt listings, which make up 100% of the 56 active rentals. This indicates strong guest preference for privacy and space.
- Looking at the property type distribution in Korakies, Apartment/Condo properties are the most common (58.9%), reflecting the local real estate landscape.
- Houses represent a significant 41.1% portion, catering likely to families or larger groups.
Korakies Airbnb Room Capacity Analysis (2025): Bedroom Distribution
Distribution of Listings by Number of Bedrooms
Room Capacity Insights for Korakies
- The dominant room capacity in Korakies is 1 bedroom listings, making up 50% of the market. This suggests a strong demand for properties suitable for couples or solo travelers.
- Together, 1 bedroom and 2 bedrooms properties represent 75.0% of the active Airbnb listings in Korakies, indicating a high concentration in these sizes.
- A significant 25.0% of listings offer 3+ bedrooms, catering to larger groups and families seeking more space in Korakies.
Korakies Vacation Rental Guest Capacity Trends (2025)
Distribution of Listings by Guest Capacity
Guest Capacity Insights for Korakies
- The most common guest capacity trend in Korakies vacation rentals is listings accommodating 3 guests (28.6%). This suggests the primary traveler segment is likely small families or groups.
- Properties designed for 3 guests and 4 guests dominate the Korakies STR market, accounting for 48.2% of listings.
- 28.6% of properties accommodate 6+ guests, serving the market segment for larger families or group travel in Korakies.
- On average, properties in Korakies are equipped to host 4.3 guests.
Korakies Airbnb Booking Patterns (2025): Available vs. Booked Days
Available Days Distribution
Booked Days Distribution
Booking Pattern Insights for Korakies
- The most common availability pattern in Korakies falls within the 271-366 days range, representing 50% of listings. This suggests many properties have significant open periods on their calendars.
- Approximately 92.9% 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 Korakies (48.2%), reflecting common guest stay durations or potential owner blocking patterns.
- A notable 7.1% of properties secure long booking periods (181+ days booked per year), highlighting successful long-term rental strategies or significant owner usage.
Korakies Airbnb Minimum Stay Requirements Analysis
Distribution of Listings by Minimum Night Requirement
1 Night
1 listings
1.8% of total
2 Nights
8 listings
14.3% of total
3 Nights
28 listings
50% of total
4-6 Nights
10 listings
17.9% of total
7-29 Nights
4 listings
7.1% of total
30+ Nights
5 listings
8.9% of total
Key Insights
- The most prevalent minimum stay requirement in Korakies is 3 Nights, adopted by 50% of listings. This highlights the market's preference for longer commitments.
- Very short stays (1-2 nights) are less common (16.1%), suggesting hosts prefer slightly longer bookings to optimize turnover.
Recommendations
- Align with the market by considering a 3 Nights minimum stay, as 50% of Korakies hosts use this setting.
- If feasible, allowing 1-night stays, especially midweek or during low season, could capture last-minute bookings, as only 1.8% currently do.
- Explore offering discounts for stays of 30+ nights to attract the 8.9% of the market seeking extended stays.
- Adjust minimum nights based on seasonality – potentially shorter during low season and longer during peak demand periods in Korakies.
Korakies Airbnb Cancellation Policy Trends Analysis (2025)
Super Strict 30 Days
1 listings
2.1% of total
Flexible
2 listings
4.3% of total
Moderate
7 listings
14.9% of total
Firm
13 listings
27.7% of total
Strict
24 listings
51.1% of total
Cancellation Policy Insights for Korakies
- The prevailing Airbnb cancellation policy trend in Korakies is Strict, used by 51.1% of listings.
- A majority (78.8%) of hosts in Korakies utilize Firm or Strict policies, indicating a market where hosts prioritize booking security.
Recommendations for Hosts
- Consider adopting a Strict policy to align with the 51.1% market standard in Korakies.
- With 51.1% using Strict terms, this is a viable option in Korakies, particularly for high-value properties or during peak demand periods.
- Regularly review your cancellation policy against competitors and market demand shifts in Korakies.
Korakies STR Booking Lead Time Analysis (2025)
Average Booking Lead Time by Month
Booking Lead Time Insights for Korakies
- The overall average booking lead time for vacation rentals in Korakies is 60 days.
- Guests book furthest in advance for stays during May (average 82 days), likely coinciding with peak travel demand or local events.
- The shortest booking windows occur for stays in January (average 17 days), indicating more last-minute travel plans during this time.
- Seasonally, Summer (74 days avg.) sees the longest lead times, while Winter (29 days avg.) has the shortest, reflecting typical travel planning cycles.
Recommendations for Hosts
- Use the overall average lead time (60 days) as a baseline for your pricing and availability strategy in Korakies.
- For May stays, consider implementing length-of-stay discounts or slightly higher rates for bookings made less than 82 days out to capitalize on advance planning.
- Target marketing efforts for the Summer season well in advance (at least 74 days) to capture early planners.
- Monitor your own booking lead times against these Korakies averages to identify opportunities for dynamic pricing adjustments.
Popular & Essential Airbnb Amenities in Korakies (2025)
Amenity Prevalence
Amenity Insights for Korakies
- Essential amenities in Korakies that guests expect include: Wifi, Kitchen, TV, Essentials, Air conditioning. Lacking these (any) could significantly impact bookings.
- Popular amenities like Hangers, Hot water, Dishes and silverware are common but not universal. Offering these can provide a competitive edge.
Recommendations for Hosts
- Ensure your listing includes all essential amenities for Korakies: Wifi, Kitchen, TV, Essentials, Air conditioning.
- Prioritize adding missing essentials: Kitchen, TV, Essentials, Air conditioning.
- Consider adding popular differentiators like Hangers 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 Korakies to stay competitive.
Korakies Airbnb Guest Demographics & Profile Analysis (2025)
Guest Profile Summary for Korakies
- The typical guest profile for Airbnb in Korakies consists of predominantly international visitors (92%), with top international origins including United Kingdom, typically belonging to the Post-2000s (Gen Z/Alpha) group (50%), primarily speaking English or French.
- Domestic travelers account for 8.5% of guests.
- Key international markets include France (19.6%) and United Kingdom (14.5%).
- Top languages spoken are English (40.1%) followed by French (16%).
- 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 United Kingdom.
- 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 Korakies 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 |
|---|---|---|---|---|
| Violi Charaki | 19 | $5,791 | $482.29 | 55% |
| Pithari | 15 | $4,537 | $474.39 | 56% |
| Ia Municipal Unit | 766 | $4,487 | $454.82 | 49% |
| Skaleta | 58 | $4,451 | $534.99 | 49% |
| Perama | 26 | $4,345 | $362.17 | 55% |
| Municipality of Milopotamos | 15 | $4,071 | $320.48 | 63% |
| Viranepiskopi | 11 | $3,761 | $340.98 | 56% |
| Amnatos | 10 | $3,479 | $655.58 | 46% |
| Skines | 10 | $3,314 | $357.17 | 49% |
| Xiro Chorio | 17 | $3,286 | $370.73 | 45% |