Airbnb Market Analytics, Statistics and Data in Risan, 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 Risan? 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 Risan:
How much do Airbnb hosts make on average per month in Risan?
The short-term rental market in Risan 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 $688 per month
- Strong performing properties (top 25%) make $1,404 or more
- Best-in-class properties (top 10%) achieve $2,306+ monthly
- Entry-level properties (bottom 25%) typically earn around $328
Revenue Variations by Month
Occupancy Rates Throughout the Year in Risan
The market in Risan 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 30% occupancy rates
- Strong performing properties (top 25%) achieve 49% or higher
- Best-in-class properties (top 10%) reach 66%+occupancy
- Entry-level properties (bottom 25%) average around 14%
Occupancy Variations by Month
Average Daily Rates Seasonal Trends in Risan
Daily rates in Risan 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 $68 per night
- Strong performing properties (top 25%) secure $91 or more
- Best-in-class properties (top 10%) pull in $122+ per night
- Entry-level properties (bottom 25%) earn around $49
Daily Rate Variations by Month
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Seasonality patterns in Risan
Peak Season (August, July, June)
- Revenue peaks at $1816.39 per month
- Occupancy rates reach 56.76%
- Daily rates average $87.20
Shoulder Season
- Revenue averages $1011.30 per month
- Occupancy maintains 33.85%
- Daily rates hold at $77.16
Low Season (February, January, December)
- Revenue drops to $415.82 per month
- Occupancy decreases to 14.43%
- Daily rates adjust to $71.19
Is it still profitable to do Airbnb in Risan in 2025?
Yes! Risan demonstrates highly seasonal trends requiring strategic adaptation, featuring a growing occupancy rate of 34% and monthly revenue averaging $1011 and The market's 119 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 Risan
| Area | Why Choose This Area | Key Attractions |
|---|---|---|
| Risan Old Town | Charming historic town with rich cultural heritage and stunning views of the Bay of Kotor. Attracts visitors looking for an authentic Montenegrin experience and proximity to historical sites. | Roman Mosaics, Risan Church, Fortress of Risan, Viewpoint over the Bay, Local seafood restaurants |
| Perast | Picturesque town just a short distance from Risan, known for its beautiful architecture and waterfront. Ideal for visitors wanting a tranquil atmosphere and access to nearby islands. | Our Lady of the Rocks, St. George Island, Perast Museum, Kotor Bay tours, Seafront promenade |
| Kotor | Famous UNESCO World Heritage Site featuring stunning medieval architecture and dramatic mountain backdrop. A top destination for tourists, enhancing the desirability for Airbnb hosting. | Kotor Old Town, Kotor Fortress, Maritime Museum, Cathedral of Saint Tryphon, Kotor Maritime Festivals |
| Tivat | Emerging area known for luxury amenities and vibrant atmosphere. Home to yacht marinas and upscale dining, appealing to affluent tourists. | Porto Montenegro, Tivat Marina, Plavi Horizonti Beach, City Park Tivat, Luštica Bay |
| Ljuta | Scenic village with traditional architecture and close proximity to water activities. Attracts those looking for a quiet getaway and authentic local experiences. | Mini Beach Ljuta, Kayaking and water sports, Scenic hiking trails, Local taverns, Views of Kotor Bay |
| Muo | Charming village close to Kotor with stunning views and a relaxing atmosphere. Popular among tourists who prefer a quieter location while still near main attractions. | Muo waterfront, Mountain hiking trails, Local restaurants, Kotor Bay views, Nearby beaches |
| Dobrota | Historical coastal village with beautiful waterfront properties. Great for guests looking for a longer-term stay in a calm location with local flair. | Dobrota Beaches, Waterfront promenades, Local markets, Historical architecture, Relaxation spots by the sea |
| Prcanj | Quaint village with breathtaking views of the Bay of Kotor, ideal for those seeking peace and local culture. Close to main attractions while retaining tranquility. | Church of St. Nicholas, Prcanj Monastery, Bay of Kotor views, Fishing spots, Walking trails |
Do you need a license for Airbnb in Risan?
We recommend checking directly with Risan'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 Risan
Mosaic Penthouse Condo with Sea View
Entire Place • 3 bedrooms
★MILITA 3-BED ROOMS Apartment with SEA VIEW
Entire Place • 3 bedrooms
MINTA 3-BED ROOMS Apartment with SEA VIEW
Entire Place • 3 bedrooms
House White Shutters with 300 years of history.
Entire Place • 3 bedrooms
Mosaic Apartment
Entire Place • 3 bedrooms
Boka del Mar Seaview Waterfront Apartment
Entire Place • 1 bedroom
Top Performing Professional Hosts in Risan
Additional analytics on vacation rental, real estate, short term rental data in Risan
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 (95%), with apartment & condo and house properties comprising 95.0% of inventory
Room Capacity Distribution
Analysis of 119 properties in Risan shows that 1 bedroom properties are most prevalent, making up 42.9% of the market. The market tends to favor smaller properties, with 1 bedroom and 2 bedrooms together representing 67.2% of all listings.
Key Insights
- Most common: 1 bedroom (42.9%)
- Least common: 5+ bedrooms (1.7%)
- Market concentration: 67.2% in top 2 sizes
- Market skew: Favors smaller properties
Guest Capacity Distribution
Analysis of 119 properties in Risan reveals that 4 guests properties dominate the market, representing 42.9% 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 63.0% of the market.
Key Insights
- Most common capacity: 4 guests (42.9% of market)
- Least common capacity: 7 guests (2.5% of market)
- Average guest capacity: 3.8 guests per property
- Market concentration: 63.0% in top 2 capacity sizes
- Market segmentation: Predominantly larger guest capacities
Booking and Availability Patterns
Available Days Distribution
Booked Days Distribution
Among 119 properties in Risan, the most common availability pattern is 271-366 days (63% of properties). For actual bookings, properties most frequently secure bookings for 31-90 days (37% of properties).
Key Insights
- Most common availability window: 271-366 days (63%)
- Most common booking duration: 31-90 days (37%)
- Properties with high availability (180+ days): 95.8%
- Properties with long-term bookings (180+ days): 5.9%
Minimum Stay Distributions
1 Night
18 listings
16.5% of total
2 Nights
17 listings
15.6% of total
3 Nights
38 listings
34.9% of total
4-6 Nights
22 listings
20.2% of total
7-29 Nights
10 listings
9.2% of total
30+ Nights
4 listings
3.7% of total
Key Insights
- Short stays (1-2 nights) dominate the market at 32.1%
- Mid-length stays (4-6 nights) represent 20.2% of listings
- Monthly+ stays (3.7%) suggest a stable extended-stay market
- High market flexibility with 67.0% 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 30 Days
2 listings
1.9% of total
Flexible
17 listings
16.5% of total
Moderate
13 listings
12.6% of total
Firm
14 listings
13.6% of total
Strict
57 listings
55.3% of total
Key Insights
- Strict is the preferred policy at 55.3% of listings
- Stricter policies (Firm & Strict) dominate at 68.9% of the market
- Strong market consensus around Strict policies
- Super Strict 30 Days policies are least common at 1.9% of listings
Recommendations
- The market supports stricter policies, with 68.9% 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 Feb, Jul, Aug, averaging 88 days
- Shortest booking windows are in Oct, Dec, Jan, averaging 29 days
- Summer shows the longest average booking window at 81 days, while Winter has the shortest at 46 days
Recommendations
- Implement dynamic pricing strategies for Summer bookings at least 81 days in advance
- Consider early bird discounts during Winter to encourage longer lead times
- Focus on last-minute booking promotions during Oct-Jan when lead times are shortest
Popular Airbnb Amenities in Risan
Below is the distribution of amenities across listings in Risan:
Traveler Demographics
Key Insights
- Domestic travelers make up 0.4% of total guests, indicating a mostly international-driven market.
- Primary international markets: Germany (25.2%) and United Kingdom (24.5%)
- English is the top language at 55.2%, followed by French (15.1%)
- Notable demographic segment in <=1950s (Pre-1950s (Silent Gen)) at 6.1%
Recommendations
- Target marketing campaigns for İstanbul and Paris markets
- Develop localized content for Germany 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 Risan. 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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