Airbnb Market Analytics, Statistics and Data in Pržno, 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 Pržno? 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 Pržno:
How much do Airbnb hosts make on average per month in Pržno?
The short-term rental market in Pržno 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 $772 per month
- Strong performing properties (top 25%) make $1,634 or more
- Best-in-class properties (top 10%) achieve $3,067+ monthly
- Entry-level properties (bottom 25%) typically earn around $381
Revenue Variations by Month
Occupancy Rates Throughout the Year in Pržno
The market in Pržno 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 62%+occupancy
- Entry-level properties (bottom 25%) average around 11%
Occupancy Variations by Month
Average Daily Rates Seasonal Trends in Pržno
Daily rates in Pržno 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 $108 per night
- Strong performing properties (top 25%) secure $156 or more
- Best-in-class properties (top 10%) pull in $238+ per night
- Entry-level properties (bottom 25%) earn around $78
Daily Rate Variations by Month
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Seasonality patterns in Pržno
Peak Season (July, August, May)
- Revenue peaks at $2676.59 per month
- Occupancy rates reach 45.49%
- Daily rates average $167.79
Shoulder Season
- Revenue averages $1227.38 per month
- Occupancy maintains 27.78%
- Daily rates hold at $148.63
Low Season (January, November, December)
- Revenue drops to $352.93 per month
- Occupancy decreases to 12.81%
- Daily rates adjust to $125.13
Is it still profitable to do Airbnb in Pržno in 2025?
Yes! Pržno demonstrates highly seasonal trends requiring strategic adaptation, featuring a growing occupancy rate of 28% and monthly revenue averaging $1227 and The market's 147 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 Pržno
| Area | Why Choose This Area | Key Attractions |
|---|---|---|
| Plavi Horizonti | A beautiful beach area known for its clear waters and picturesque scenery. Ideal for families and beach lovers looking for a relaxing vacation spot with ample sun and recreational activities. | Plavi Horizonti Beach, Water sports activities, Scenic picnic spots, Sunset views |
| Jaz Beach | Famous for its long stretch of sandy beach and nightlife events. A hotspot for tourists looking to enjoy beach parties and music festivals, making it a great investment for those seeking a vibrant Airbnb location. | Jaz Beach, Music festivals, Beach clubs, Water sports, Scenic coastline |
| Sveti Stefan | A stunning resort island famous for luxury tourism and breathtaking views. Attracts high-end travelers and honeymooners, ideal for upscale Airbnb rentals. | Sveti Stefan Island, Luxury resorts, Fine dining, Scenic walks, Historical architecture |
| Old Town Budva | The historic heart of Budva featuring medieval architecture, lively taverns, and beautiful coastal views. Perfect for tourists interested in culture, history, and vibrant nightlife. | Citadel of Budva, Budva Marina, Local shops and restaurants, Nightlife hotspots, Historical monuments |
| Mogren Beach | A popular beach located close to Budva, known for its clear water and beautiful surroundings. Great for tourists looking for a blend of relaxation and adventure. | Mogren Beach, Hiking trails, Swimming spots, Beach bars, Scenic cliffs |
| Dukley Gardens | An upscale residential area with luxurious villas and a creative, artistic vibe. Attracts affluent tourists and those seeking a more exclusive experience in Budva. | Dukley Beach, Luxury accommodations, Art galleries, Restaurants, Nature trails |
| Bečići Beach | A long beach known for its family-friendly atmosphere and a variety of amenities. Popular among families and couples looking for a restful beach getaway. | Bečići Beach, Water park, Seafront promenade, Family activities |
| Lapčići | A serene village area close to Budva, ideal for those looking to escape the hustle of the coast. Attracts visitors searching for tranquility and nature experiences. | Natural surroundings, Hiking trails, Local cuisine, Traditional architecture |
Do you need a license for Airbnb in Pržno?
We recommend checking directly with Pržno'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 Pržno
Luxury Villa Kaza
Entire Place • 4 bedrooms
Blue Horizon C012 by In Property
Entire Place • 1 bedroom
Hotel Exclusive - King room with terrace 106
Private Room • N/A
Hotel Exclusive -Double/Twin room with terrace 105
Private Room • N/A
1 Langust Apartments 1
Entire Place • 2 bedrooms
MyPrzno - 2BD Apartment with Sea View 5
Entire Place • 2 bedrooms
Top Performing Professional Hosts in Pržno
| Host Name | Properties | Grossing Revenue | Stay Reviews | Avg Rating |
|---|---|---|---|---|
| 585369287 | 13 | $211,688 | 0 | 0.00/5.0 |
| IN Property | 5 | $91,891 | 21 | 3.86/5.0 |
| Luka | 5 | $72,221 | 77 | 4.69/5.0 |
| Dragan | 7 | $70,567 | 73 | 4.83/5.0 |
| Milena | 3 | $42,427 | 20 | 3.33/5.0 |
| 586235618 | 1 | $40,701 | 0 | 0.00/5.0 |
| Fabienne | 2 | $35,183 | 98 | 4.98/5.0 |
| 139174352 | 4 | $29,102 | 0 | 0.00/5.0 |
| Blazo | 2 | $27,213 | 25 | 4.95/5.0 |
| Amra | 2 | $26,391 | 8 | 2.38/5.0 |
Additional analytics on vacation rental, real estate, short term rental data in Pržno
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 (89.8%), with apartment & condo and house properties comprising 94.5% of inventory
- Untapped potential in boutique & hotels, others segments (5.5% combined)
Room Capacity Distribution
Analysis of 147 properties in Pržno shows that 1 bedroom properties are most prevalent, making up 44.2% of the market. The market tends to favor smaller properties, with 1 bedroom and 2 bedrooms together representing 80.3% of all listings.
Key Insights
- Most common: 1 bedroom (44.2%)
- Least common: 4 bedrooms (2.7%)
- Market concentration: 80.3% in top 2 sizes
- Market skew: Favors smaller properties
Guest Capacity Distribution
Analysis of 147 properties in Pržno reveals that 4 guests properties dominate the market, representing 37.4% of all listings. The average property accommodates 4.2 guests, with a clear trend towards larger guest capacities. Properties accommodating 4 guests and 6 guests make up 53.7% of the market.
Key Insights
- Most common capacity: 4 guests (37.4% of market)
- Least common capacity: 8+ guests (2% of market)
- Average guest capacity: 4.2 guests per property
- Market concentration: 53.7% in top 2 capacity sizes
- Market segmentation: Predominantly larger guest capacities
Booking and Availability Patterns
Available Days Distribution
Booked Days Distribution
Among 147 properties in Pržno, the most common availability pattern is 271-366 days (85% of properties). For actual bookings, properties most frequently secure bookings for 31-90 days (42.9% of properties).
Key Insights
- Most common availability window: 271-366 days (85%)
- Most common booking duration: 31-90 days (42.9%)
- Properties with high availability (180+ days): 100.0%
- Properties with long-term bookings (180+ days): 0.7%
Minimum Stay Distributions
1 Night
56 listings
42.1% of total
2 Nights
13 listings
9.8% of total
3 Nights
38 listings
28.6% of total
4-6 Nights
18 listings
13.5% of total
7-29 Nights
6 listings
4.5% of total
30+ Nights
2 listings
1.5% of total
Key Insights
- Short stays (1-2 nights) dominate the market at 51.9%
- Mid-length stays (4-6 nights) represent 13.5% of listings
- Monthly+ stays (1.5%) suggest a stable extended-stay market
- High market flexibility with 80.5% 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
Flexible
10 listings
11% of total
Moderate
7 listings
7.7% of total
Firm
5 listings
5.5% of total
Strict
69 listings
75.8% of total
Key Insights
- Strict is the preferred policy at 75.8% of listings
- Stricter policies (Firm & Strict) dominate at 81.3% of the market
- Strong market consensus around Strict policies
- Firm policies are least common at 5.5% of listings
Recommendations
- The market supports stricter policies, with 81.3% 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 Mar, Apr, Aug, averaging 78 days
- Shortest booking windows are in Nov, Jan, Dec, averaging 21 days
- Spring shows the longest average booking window at 75 days, while Winter has the shortest at 33 days
Recommendations
- Implement dynamic pricing strategies for Spring bookings at least 75 days in advance
- Consider early bird discounts during Winter to encourage longer lead times
- Focus on last-minute booking promotions during Nov-Dec when lead times are shortest
Popular Airbnb Amenities in Pržno
Every property in Pržno comes standard with Air conditioning, and Wifi. Below shows the distribution of other amenities:
Traveler Demographics
Key Insights
- Domestic travelers make up 2.8% of total guests, indicating a mostly international-driven market.
- Primary international markets: France (23.2%) and Türkiye (19.6%)
- English is the top language at 55.6%, followed by Turkish (12.9%)
- Notable demographic segment in <=1950s (Pre-1950s (Silent Gen)) at 3.5%
Recommendations
- Target marketing campaigns for İstanbul and London markets
- Develop localized content for France and Türkiye
- Prioritize English and Turkish 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 Pržno. 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 | $295.11 | 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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