Airbnb Market Analytics, Statistics and Data in Petrovac na Moru, Budva Municipality, Montenegro
Last updated: 2025-01-31
Looking to make more money with hosting or rental arbitraging Airbnbs, short-term rentals, vacation rentals in Petrovac na Moru? 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 Petrovac na Moru:
How much do Airbnb hosts make on average per month in Petrovac na Moru?
The short-term rental market in Petrovac na Moru 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 $516 per month
- Strong performing properties (top 25%) make $1,044 or more
- Best-in-class properties (top 10%) achieve $2,025+ monthly
- Entry-level properties (bottom 25%) typically earn around $255
Revenue Variations by Month
Occupancy Rates Throughout the Year in Petrovac na Moru
The market in Petrovac na Moru 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 23% occupancy rates
- Strong performing properties (top 25%) achieve 41% or higher
- Best-in-class properties (top 10%) reach 64%+occupancy
- Entry-level properties (bottom 25%) average around 13%
Occupancy Variations by Month
Average Daily Rates Seasonal Trends in Petrovac na Moru
Daily rates in Petrovac na Moru 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 $69 per night
- Strong performing properties (top 25%) secure $96 or more
- Best-in-class properties (top 10%) pull in $138+ per night
- Entry-level properties (bottom 25%) earn around $51
Daily Rate Variations by Month
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Seasonality patterns in Petrovac na Moru
Peak Season (August, July, February)
- Revenue peaks at $1470.58 per month
- Occupancy rates reach 45.87%
- Daily rates average $109.71
Shoulder Season
- Revenue averages $876.03 per month
- Occupancy maintains 29.19%
- Daily rates hold at $94.88
Low Season (March, January, December)
- Revenue drops to $407.07 per month
- Occupancy decreases to 16.16%
- Daily rates adjust to $76.67
Is it still profitable to do Airbnb in Petrovac na Moru in 2025?
Yes! Petrovac na Moru demonstrates highly seasonal trends requiring strategic adaptation, featuring a growing occupancy rate of 29% and monthly revenue averaging $876 and With 267 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 Petrovac na Moru
| Area | Why Choose This Area | Key Attractions |
|---|---|---|
| Petrovac Beach | A picturesque coastal area known for its beautiful sandy beaches, crystal-clear waters, and family-friendly environment. Popular among tourists for relaxation and water activities. | Petrovac Beach, Becici Beach, Sveti Stefan, Petrovac Promenade, Local seafood restaurants, Podmore Beach |
| Old Town Petrovac | Rich in history and charm, the Old Town offers a quaint atmosphere filled with historical buildings and stunning views. It's perfect for those seeking culture and local experiences. | Church of the Assumption, Old Town Walls, Cafes and shops, Petrovac Fortress, Historic walking tours |
| Buljarica Beach | Famous for its untouched natural beauty and tranquility, making it a great spot for those wanting a more secluded beach experience. | Buljarica Beach, Quad biking excursions, Local nature trails |
| Budva Riviera | Located close to Petrovac, Budva is a lively tourist hotspot known for its nightlife, beaches, and vibrant culture, attracting a younger crowd. | Budva Old City, Mogren Beach, Nightclubs and bars, Aquapark Budva, Tivtat Marina |
| Sveti Stefan | A luxury resort island that attracts affluent travelers looking for exclusivity and beautiful scenery. | Sveti Stefan Beach, Luxury hotels, Scenic views, Fine dining restaurants |
| Toplis | A peaceful hillside area offering stunning views over the Adriatic, perfect for travelers seeking tranquility and nature. | Hiking trails, Panoramic viewpoints, Vineyards |
| Kamenovo Beach | A beautiful and less crowded beach known for its clear waters and scenic surroundings, appealing to visitors looking for a relaxed atmosphere. | Kamenovo Beach, Beach bars, Water sports |
| Rafailovići | A charming coastal village close to Petrovac, known for its beautiful beaches and proximity to swimming and sunbathing spots. | Rafailovići Beach, Local dining options, Seaside promenades |
Do you need a license for Airbnb in Petrovac na Moru?
We recommend checking directly with Petrovac na Moru's local government regarding short-term rental licensing requirements. Current market data shows limited licensing information (0% of listings), making it essential to verify current regulations before starting your Airbnb business.
Top Performing Airbnb Properties in Petrovac na Moru
Petrovac Penthouse- private lift
Entire Place • 3 bedrooms
Apartment for a large family or a group of friends
Entire Place • 4 bedrooms
D & D in the heart of Petrovac
Entire Place • 3 bedrooms
Sea view villa
Entire Place • 3 bedrooms
☼ Bright studio oasis | Lush grapevine patio ☼
Entire Place • N/A
Mediterranean vacation home with pool, Petrovac
Entire Place • 3 bedrooms
Top Performing Professional Hosts in Petrovac na Moru
| Host Name | Properties | Grossing Revenue | Stay Reviews | Avg Rating |
|---|---|---|---|---|
| Ivana | 6 | $60,983 | 255 | 4.85/5.0 |
| Meghan | 1 | $54,764 | 16 | 5.00/5.0 |
| Milo | 17 | $50,919 | 13 | 0.29/5.0 |
| Oksana | 14 | $50,901 | 27 | 1.33/5.0 |
| Jolanta | 2 | $43,050 | 34 | 4.85/5.0 |
| Andrea | 7 | $41,975 | 32 | 3.50/5.0 |
| Marija | 3 | $35,414 | 51 | 1.64/5.0 |
| Sladjana | 9 | $27,248 | 145 | 4.76/5.0 |
| Galija Lux Apartments | 5 | $23,810 | 26 | 2.75/5.0 |
| Aleksandra | 6 | $23,140 | 44 | 3.27/5.0 |
Additional analytics on vacation rental, real estate, short term rental data in Petrovac na Moru
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 (81.3%), with apartment & condo and house properties comprising 98.2% of inventory
- Untapped potential in boutique & hotels segments (1.9% combined)
Room Capacity Distribution
Analysis of 267 properties in Petrovac na Moru shows that 1 bedroom properties are most prevalent, making up 59.6% of the market. The market tends to favor smaller properties, with 1 bedroom and 2 bedrooms together representing 78.7% of all listings.
Key Insights
- Most common: 1 bedroom (59.6%)
- Least common: 5+ bedrooms (0.4%)
- Market concentration: 78.7% in top 2 sizes
- Market skew: Favors smaller properties
Guest Capacity Distribution
Analysis of 267 properties in Petrovac na Moru reveals that 4 guests properties dominate the market, representing 34.1% of all listings. The average property accommodates 3.8 guests, with a clear trend towards larger guest capacities. Properties accommodating 4 guests and 2 guests make up 53.2% of the market.
Key Insights
- Most common capacity: 4 guests (34.1% of market)
- Least common capacity: 1 guest (0.4% of market)
- Average guest capacity: 3.8 guests per property
- Market concentration: 53.2% in top 2 capacity sizes
- Market segmentation: Predominantly larger guest capacities
Booking and Availability Patterns
Available Days Distribution
Booked Days Distribution
Among 267 properties in Petrovac na Moru, the most common availability pattern is 271-366 days (87.3% of properties). For actual bookings, properties most frequently secure bookings for 1-30 days (46.4% of properties).
Key Insights
- Most common availability window: 271-366 days (87.3%)
- Most common booking duration: 1-30 days (46.4%)
- Properties with high availability (180+ days): 97.0%
- Properties with long-term bookings (180+ days): 3.0%
Minimum Stay Distributions
1 Night
38 listings
16.1% of total
2 Nights
38 listings
16.1% of total
3 Nights
53 listings
22.5% of total
4-6 Nights
78 listings
33.1% of total
7-29 Nights
28 listings
11.9% of total
30+ Nights
1 listings
0.4% of total
Key Insights
- Short stays (1-2 nights) dominate the market at 32.2%
- Mid-length stays (4-6 nights) represent 33.1% of listings
- Monthly+ stays (0.4%) suggest a stable extended-stay market
- High market flexibility with 54.7% 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
40 listings
21.6% of total
Moderate
36 listings
19.5% of total
Firm
19 listings
10.3% of total
Strict
90 listings
48.6% of total
Key Insights
- Strict is the preferred policy at 48.6% of listings
- The market shows a balanced distribution between guest-friendly (41.1%) and strict (58.9%) policies
- Strong market consensus around Strict policies
- Firm policies are least common at 10.3% of listings
Recommendations
- Market supports various policies - choose based on your property type and target guests
- Strong market preference for Strict policies suggests this should be your baseline
Booking Lead Time Trends
Key Insights
- Peak booking lead times occur in Nov, Aug, Jun, averaging 64 days
- Shortest booking windows are in Dec, Jan, Mar, averaging 24 days
- Fall shows the longest average booking window at 59 days, while Winter has the shortest at 33 days
Recommendations
- Implement dynamic pricing strategies for Fall 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 Dec-Mar when lead times are shortest
Popular Airbnb Amenities in Petrovac na Moru
Below is the distribution of amenities across listings in Petrovac na Moru:
Traveler Demographics
Key Insights
- Domestic travelers make up 1.4% of total guests, indicating a mostly international-driven market.
- Primary international markets: France (23.8%) and United Kingdom (22.2%)
- English is the top language at 54.3%, followed by Russian (14.2%)
- Notable demographic segment in <=1950s (Pre-1950s (Silent Gen)) at 1.8%
Recommendations
- Target marketing campaigns for Belgrade and London markets
- Develop localized content for France and United Kingdom
- Prioritize English and Russian 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 Petrovac na Moru. These nearby markets offer diverse opportunities for property investors and hosts:
| Market | Properties | Monthly Revenue | Daily Rate | Occupancy |
|---|---|---|---|---|
| Majkovi | 19 | $2,694 | $331.76 | 43% |
| Lapčići | 10 | $2,679 | $295.12 | 44% |
| Ledenice | 10 | $2,651 | $396.08 | 42% |
| Močići | 29 | $2,404 | $262.00 | 43% |
| Grubine | 28 | $2,373 | $367.59 | 42% |
| Zavrelje | 23 | $2,253 | $436.29 | 55% |
| Zmijavci | 28 | $2,136 | $481.29 | 38% |
| Čilipi | 34 | $2,065 | $223.93 | 49% |
| Popovići | 11 | $1,992 | $267.07 | 43% |
| Dubrovnik | 4,977 | $1,990 | $198.90 | 52% |
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