Airbnb Market Analytics, Statistics and Data in Prčanj, Kotor Municipality, Montenegro
Last updated: 2025-01-31
Looking to make more money with hosting or rental arbitraging Airbnbs, short-term rentals, vacation rentals in Prčanj? 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 Prčanj:
How much do Airbnb hosts make on average per month in Prčanj?
The short-term rental market in Prčanj 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 $1,113 per month
- Strong performing properties (top 25%) make $2,094 or more
- Best-in-class properties (top 10%) achieve $4,013+ monthly
- Entry-level properties (bottom 25%) typically earn around $525
Revenue Variations by Month
Occupancy Rates Throughout the Year in Prčanj
The market in Prčanj 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 38% occupancy rates
- Strong performing properties (top 25%) achieve 60% or higher
- Best-in-class properties (top 10%) reach 77%+occupancy
- Entry-level properties (bottom 25%) average around 18%
Occupancy Variations by Month
Average Daily Rates Seasonal Trends in Prčanj
Daily rates in Prčanj 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 $87 per night
- Strong performing properties (top 25%) secure $131 or more
- Best-in-class properties (top 10%) pull in $237+ per night
- Entry-level properties (bottom 25%) earn around $59
Daily Rate Variations by Month
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Seasonality patterns in Prčanj
Peak Season (August, July, June)
- Revenue peaks at $3025.02 per month
- Occupancy rates reach 65.21%
- Daily rates average $143.49
Shoulder Season
- Revenue averages $1865.26 per month
- Occupancy maintains 40.82%
- Daily rates hold at $124.73
Low Season (November, February, December)
- Revenue drops to $836.83 per month
- Occupancy decreases to 22.07%
- Daily rates adjust to $112.39
Is it still profitable to do Airbnb in Prčanj in 2025?
Yes! Prčanj demonstrates highly seasonal trends requiring strategic adaptation, featuring a growing occupancy rate of 41% and solid monthly revenue averaging $1865 and With 306 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 Prčanj
| Area | Why Choose This Area | Key Attractions |
|---|---|---|
| Prčanj Waterfront | Charming waterfront area with stunning views of the bay and easy access to the beach. Ideal for guests looking for a relaxing stay with picturesque scenery. | Kotor Bay, Prčanj Beach, St. Nicholas Church, Sea Kayaking Tours, Local Seafood Restaurants |
| Kotor Old Town | Historic UNESCO World Heritage site with beautiful architecture and rich history. A prime location for tourists wanting to explore the cultural heritage of the region. | Kotor Fortress, Cathedral of Saint Tryphon, Clock Tower, Piazza of the Arms, Maritime Museum |
| Dobrota | Quieter residential area just a short distance from Kotor. Offers a more laid-back atmosphere with beautiful views and local charm. | Boka Bay, Dobrota Promenade, Local Markets, Traditional Konoba Restaurants |
| Tivat | Nearby town known for its luxurious marina and vibrant nightlife. Attracts visitors looking for upscale amenities and activities. | Porto Montenegro, Tivat Marina, Plavi Horizonti Beach, Mysterious Island of Our Lady of Mercy |
| Risan | A peaceful village known for its ancient Roman ruins and dramatic coastal views. Perfect for history enthusiasts and nature lovers. | Roman Mosaics, Risan Bay, Local Hiking Trails, Tranquil Beaches |
| Herceg Novi | Historic coastal town with a rich cultural heritage and beautiful seafront. Great for tourists wanting a mix of beach and history. | Fortifications of Herceg Novi, Savina Monastery, Herceg Novi Old Town, Blue Horizon Beach |
| Kotor Fortress Trail | Scenic hiking trail leading to the fortress with stunning panoramic views of Kotor and the bay. Popular among active travelers. | Kotor Fortress, Hiking Trails, Stunning Views over Kotor Bay |
| Sveti Stefan | Iconic islet and hotel complex known for its scenic beauty and luxury accommodations. Attracts affluent travelers looking for a unique experience. | Sveti Stefan Beach, Luxury Hotels, Mediterranean Cuisine, Breathtaking Views |
Do you need a license for Airbnb in Prčanj?
We recommend checking directly with Prčanj'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 Prčanj
Enchanting Waterfront Stone Villa in Muo
Entire Place • 3 bedrooms
SEASIDE HOUSE KOTOR
Entire Place • 3 bedrooms
Large Luxury Waterfront Villa with Pool for 14 ppl
Entire Place • 6 bedrooms
StOliva RESIDENCE with private pool
Entire Place • 4 bedrooms
Villa Jasmine
Entire Place • 6 bedrooms
NEW StOliva RESIDENCE with private pool
Entire Place • 4 bedrooms
Top Performing Professional Hosts in Prčanj
| Host Name | Properties | Grossing Revenue | Stay Reviews | Avg Rating |
|---|---|---|---|---|
| Dragan | 1 | $192,193 | 27 | 4.96/5.0 |
| Marko | 2 | $166,898 | 91 | 5.00/5.0 |
| Nena | 6 | $131,457 | 609 | 4.93/5.0 |
| Ilija | 6 | $120,164 | 1210 | 4.97/5.0 |
| Gracija | 5 | $114,572 | 506 | 4.80/5.0 |
| Mladen | 1 | $111,298 | 44 | 5.00/5.0 |
| Milos | 1 | $108,821 | 33 | 4.94/5.0 |
| Daniel | 3 | $86,282 | 52 | 4.80/5.0 |
| 85430128 | 2 | $84,393 | 46 | 5.00/5.0 |
| Marijana | 1 | $84,031 | 51 | 4.84/5.0 |
Additional analytics on vacation rental, real estate, short term rental data in Prčanj
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 (91.5%), with apartment & condo and house properties comprising 94.5% of inventory
- Untapped potential in boutique & hotels, others, outdoor & mobile segments (5.6% combined)
Room Capacity Distribution
Analysis of 306 properties in Prčanj shows that 1 bedroom properties are most prevalent, making up 49.7% of the market. The market tends to favor smaller properties, with 1 bedroom and 2 bedrooms together representing 76.1% of all listings.
Key Insights
- Most common: 1 bedroom (49.7%)
- Least common: 4 bedrooms (2.3%)
- Market concentration: 76.1% in top 2 sizes
- Market skew: Favors smaller properties
Guest Capacity Distribution
Analysis of 306 properties in Prčanj reveals that 4 guests properties dominate the market, representing 34% of all listings. The average property accommodates 3.9 guests, with a clear trend towards larger guest capacities. Properties accommodating 4 guests and 2 guests make up 55.6% of the market.
Key Insights
- Most common capacity: 4 guests (34% of market)
- Least common capacity: 7 guests (0.7% of market)
- Average guest capacity: 3.9 guests per property
- Market concentration: 55.6% in top 2 capacity sizes
- Market segmentation: Predominantly larger guest capacities
Booking and Availability Patterns
Available Days Distribution
Booked Days Distribution
Among 306 properties in Prčanj, the most common availability pattern is 271-366 days (56.5% of properties). For actual bookings, properties most frequently secure bookings for 31-90 days (32.7% of properties).
Key Insights
- Most common availability window: 271-366 days (56.5%)
- Most common booking duration: 31-90 days (32.7%)
- Properties with high availability (180+ days): 86.9%
- Properties with long-term bookings (180+ days): 15.0%
Minimum Stay Distributions
1 Night
80 listings
29.7% of total
2 Nights
66 listings
24.5% of total
3 Nights
82 listings
30.5% of total
4-6 Nights
31 listings
11.5% of total
7-29 Nights
3 listings
1.1% of total
30+ Nights
7 listings
2.6% of total
Key Insights
- Short stays (1-2 nights) dominate the market at 54.2%
- Mid-length stays (4-6 nights) represent 11.5% of listings
- Monthly+ stays (2.6%) suggest a stable extended-stay market
- High market flexibility with 84.7% 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
Super Strict 60 Days
1 listings
0.4% of total
Flexible
58 listings
22.9% of total
Moderate
53 listings
20.9% of total
Firm
39 listings
15.4% of total
Strict
102 listings
40.3% of total
Key Insights
- Strict is the preferred policy at 40.3% of listings
- The market shows a balanced distribution between guest-friendly (43.8%) and strict (55.7%) policies
- Strong market consensus around Strict policies
- Super Strict 60 Days policies are least common at 0.4% 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 Jul, Jun, Aug, averaging 84 days
- Shortest booking windows are in Feb, Dec, Jan, averaging 40 days
- Summer shows the longest average booking window at 84 days, while Winter has the shortest at 40 days
Recommendations
- Implement dynamic pricing strategies for Summer bookings at least 84 days in advance
- Consider early bird discounts during Winter to encourage longer lead times
- Focus on last-minute booking promotions during Feb-Jan when lead times are shortest
Popular Airbnb Amenities in Prčanj
Below is the distribution of amenities across listings in Prčanj:
Traveler Demographics
Key Insights
- Domestic travelers make up 0.8% of total guests, indicating a mostly international-driven market.
- Primary international markets: Türkiye (18.4%) and United States (16.3%)
- English is the top language at 58.2%, followed by Turkish (14.2%)
- Notable demographic segment in <=1950s (Pre-1950s (Silent Gen)) at 5.3%
Recommendations
- Target marketing campaigns for İstanbul and London markets
- Develop localized content for Türkiye and United States
- 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 Prčanj. 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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