Airbnb Market Analytics, Statistics and Data in Paleochora, 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 Paleochora? 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 Paleochora:
How much do Airbnb hosts make on average per month in Paleochora?
The short-term rental market in Paleochora 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 $1,036 per month
- Strong performing properties (top 25%) make $1,733 or more
- Best-in-class properties (top 10%) achieve $2,875+ monthly
- Entry-level properties (bottom 25%) typically earn around $597
Revenue Variations by Month
Occupancy Rates Throughout the Year in Paleochora
The market in Paleochora 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 39% occupancy rates
- Strong performing properties (top 25%) achieve 58% or higher
- Best-in-class properties (top 10%) reach 73%+occupancy
- Entry-level properties (bottom 25%) average around 22%
Occupancy Variations by Month
Average Daily Rates Seasonal Trends in Paleochora
Daily rates in Paleochora 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 $79 per night
- Strong performing properties (top 25%) secure $111 or more
- Best-in-class properties (top 10%) pull in $181+ per night
- Entry-level properties (bottom 25%) earn around $58
Daily Rate Variations by Month
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Seasonality patterns in Paleochora
Peak Season (August, July, June)
- Revenue peaks at $2575.08 per month
- Occupancy rates reach 68.68%
- Daily rates average $117.40
Shoulder Season
- Revenue averages $1631.89 per month
- Occupancy maintains 41.15%
- Daily rates hold at $104.95
Low Season (November, January, December)
- Revenue drops to $807.70 per month
- Occupancy decreases to 21.09%
- Daily rates adjust to $96.01
Is it still profitable to do Airbnb in Paleochora in 2025?
Yes! Paleochora demonstrates highly seasonal trends requiring strategic adaptation, featuring a growing occupancy rate of 41% and monthly revenue averaging $1632 and The market's 170 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 Paleochora
| Area | Why Choose This Area | Key Attractions |
|---|---|---|
| Paleochora Beach | A picturesque beach town with stunning coastlines. Attracts tourists looking for beautiful beaches, water sports, and relaxing atmosphere. | Paleochora Beach, Grammeno Beach, Sougia Beach, Krios Beach, Elafonissi Beach |
| Paleochora Old Town | Charming old town with traditional Cretan architecture and vibrant local culture. Perfect for those wanting to explore history and local lifestyle. | Venetian Castle, Chapel of St. George, Local tavernas, Cretan folklore museums, Shopping streets |
| Krios Beach | Known for its crystal-clear waters and serene environment. Great for families and those seeking tranquility away from crowded spots. | Krios Beach, Water activities, Beachfront restaurants, Sunset views |
| Anidri Village | Located a short distance from Paleochora, offering a stunning mountain backdrop and quaint village charm. Ideal for hiking enthusiasts and culture seekers. | Anidri Beach, Hiking trails, Local wineries, Vibrant flora and fauna, Cultural festivals |
| Elafonissi Beach | Famous for its pink sand and clear waters. A must-visit for those looking to experience one of Greece’s most beautiful beaches. | Elafonissi Beach, Nature reserve, Water sports activities, Beautiful scenery |
| Grameno Beach | Less crowded beach known for its natural beauty. Ideal for those seeking relaxation and unspoiled landscapes. | Grameno Beach, Secluded spots, Snorkeling opportunities, Natural beauty |
| Sougia Village | A small village with a laid-back vibe, offering access to stunning beaches and hiking trails. Popular with adventure travelers. | Sougia Beach, Hiking to Samaria Gorge, Local tavernas, Cultural heritage sites |
| Chalikia Beach | A hidden gem offering a peaceful environment and beautiful surroundings. Perfect for tourists looking for a tranquil getaway. | Chalikia Beach, Quiet settings, Scenic views, Local nature |
Do you need a license for Airbnb in Paleochora?
Yes, Paleochora requires a license for operating an Airbnb. Current market data shows 82% 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 Paleochora
Krystallon East - Superb views, close to the beach
Entire Place • 3 bedrooms
Krystallon West - Superb views, close to the beach
Entire Place • 4 bedrooms
Krystallon Estate - Sea views, close to the beach!
Entire Place • 7 bedrooms
Athinais Villa
Entire Place • 2 bedrooms
Memorial Villa
Entire Place • 2 bedrooms
Enzo's Place
Entire Place • 2 bedrooms
Top Performing Professional Hosts in Paleochora
| Host Name | Properties | Grossing Revenue | Stay Reviews | Avg Rating |
|---|---|---|---|---|
| Kostas | 3 | $364,806 | 23 | 3.33/5.0 |
| Antonios | 4 | $120,227 | 84 | 3.57/5.0 |
| Thodoris | 8 | $93,218 | 331 | 4.31/5.0 |
| Relax | 5 | $62,975 | 28 | 3.85/5.0 |
| Σοφία | 3 | $60,406 | 19 | 3.33/5.0 |
| Maria | 3 | $58,007 | 22 | 3.33/5.0 |
| HotelPraxis | 4 | $57,168 | 7 | 2.42/5.0 |
| Manos | 16 | $56,036 | 259 | 1.81/5.0 |
| Μιχαήλ | 4 | $55,759 | 105 | 4.89/5.0 |
| Giorgos | 7 | $52,312 | 246 | 4.88/5.0 |
Additional analytics on vacation rental, real estate, short term rental data in Paleochora
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 (74.1%), with apartment & condo and house properties comprising 78.9% of inventory
- Untapped potential in outdoor & mobile segments (0.6% combined)
Room Capacity Distribution
Analysis of 170 properties in Paleochora shows that 1 bedroom properties are most prevalent, making up 64.1% of the market. The market tends to favor smaller properties, with 1 bedroom and 2 bedrooms together representing 85.3% of all listings.
Key Insights
- Most common: 1 bedroom (64.1%)
- Least common: 4 bedrooms (0.6%)
- Market concentration: 85.3% in top 2 sizes
- Market skew: Favors smaller properties
Guest Capacity Distribution
Analysis of 170 properties in Paleochora reveals that 2 guests properties dominate the market, representing 30.6% of all listings. The average property accommodates 3.3 guests, with a clear trend towards smaller guest capacities. Properties accommodating 2 guests and 4 guests make up 55.3% of the market.
Key Insights
- Most common capacity: 2 guests (30.6% of market)
- Least common capacity: 1 guest (0.6% of market)
- Average guest capacity: 3.3 guests per property
- Market concentration: 55.3% in top 2 capacity sizes
- Market segmentation: Predominantly smaller guest capacities
Booking and Availability Patterns
Available Days Distribution
Booked Days Distribution
Among 170 properties in Paleochora, the most common availability pattern is 271-366 days (51.8% of properties). For actual bookings, properties most frequently secure bookings for 91-180 days (37.1% of properties).
Key Insights
- Most common availability window: 271-366 days (51.8%)
- Most common booking duration: 91-180 days (37.1%)
- Properties with high availability (180+ days): 88.2%
- Properties with long-term bookings (180+ days): 13.5%
Minimum Stay Distributions
1 Night
35 listings
22% of total
2 Nights
47 listings
29.6% of total
3 Nights
53 listings
33.3% of total
4-6 Nights
22 listings
13.8% of total
30+ Nights
2 listings
1.3% of total
Key Insights
- Short stays (1-2 nights) dominate the market at 51.6%
- Mid-length stays (4-6 nights) represent 13.8% of listings
- Monthly+ stays (1.3%) suggest a stable extended-stay market
- High market flexibility with 84.9% 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
18 listings
11.6% of total
Moderate
35 listings
22.6% of total
Firm
33 listings
21.3% of total
Strict
69 listings
44.5% of total
Key Insights
- Strict is the preferred policy at 44.5% of listings
- Stricter policies (Firm & Strict) dominate at 65.8% of the market
- Strong market consensus around Strict policies
- Flexible policies are least common at 11.6% of listings
Recommendations
- The market supports stricter policies, with 65.8% using Firm or Strict terms
- Strong market preference for Strict policies suggests this should be your baseline
Booking Lead Time Trends
Key Insights
- Peak booking lead times occur in Sep, Oct, Jun, averaging 111 days
- Shortest booking windows are in Dec, Apr, Feb, averaging 61 days
- Fall shows the longest average booking window at 100 days, while Winter has the shortest at 63 days
Recommendations
- Implement dynamic pricing strategies for Fall bookings at least 100 days in advance
- Consider early bird discounts during Winter to encourage longer lead times
- Focus on last-minute booking promotions during Dec-Feb when lead times are shortest
Popular Airbnb Amenities in Paleochora
Every property in Paleochora comes standard with Wifi. Below shows the distribution of other amenities:
Traveler Demographics
Key Insights
- Domestic travelers make up 7.3% of total guests, indicating a mostly international-driven market.
- Primary international markets: France (27.8%) and United Kingdom (19.4%)
- English is the top language at 48%, followed by French (19.3%)
- Notable demographic segment in <=1950s (Pre-1950s (Silent Gen)) at 5.2%
Recommendations
- Target marketing campaigns for Paris and Berlin markets
- Develop localized content for France and United Kingdom
- Prioritize English and French 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 Paleochora. 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% |
| 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% |
| Skines | 18 | $3,418 | $565.11 | 41% |
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