Top 100 Best Places in Portugal to Invest in Airbnb & Short-Term Rentals (2025)

Source: AirROI

Last updated: 2025-06-01

Unlock high-ROI opportunities in Portugal‘s booming short-term rental (STR) market. This 2025 Airbnb investment guide from AirROI leverages cutting-edge Airbnb data analytics to pinpoint the most profitable cities for Airbnb and vacation rental entrepreneurs. Whether you’re scaling your portfolio or making your first STR investment, discover markets with strong rental demand, high revenue potential, and favorable regulations. We are committed to providing trustworthy insights based on comprehensive market analysis, and you can learn more about our rigorous approach to data accuracy.

Our STR market analysis dives deep into key performance indicators like monthly revenue, average daily rates (ADR), occupancy trends, property counts, and regulatory landscapes across Portugal. We go beyond simple rankings to provide the context you need for informed investment decisions using reliable Airbnb data.

Explore the data-driven insights below to identify the premier short-term rental investment hotspots and high ROI Airbnb markets in Portugal for 2025.

Top Short-Term Rental Markets in Portugal

Rank:#1Market:LisbonCountry:PortugalProperties:12,827Monthly Revenue:$2288.43Daily Rate (ADR):$157.36Occupancy:55.58%Regulation:High
Rank:#2Market:PortoCountry:PortugalProperties:8,371Monthly Revenue:$1715.56Daily Rate (ADR):$128.55Occupancy:51.71%Regulation:High
Rank:#3Market:AlbufeiraCountry:PortugalProperties:4,978Monthly Revenue:$2419.54Daily Rate (ADR):$269.90Occupancy:45.87%Regulation:High
Rank:#4Market:LagosCountry:PortugalProperties:3,448Monthly Revenue:$1883.43Daily Rate (ADR):$182.62Occupancy:50.49%Regulation:High
Rank:#5Market:LouléCountry:PortugalProperties:2,805Monthly Revenue:$2088.36Daily Rate (ADR):$262.31Occupancy:42.93%Regulation:High
Rank:#6Market:PortimãoCountry:PortugalProperties:2,438Monthly Revenue:$1360.60Daily Rate (ADR):$166.01Occupancy:44.82%Regulation:High
Rank:#7Market:FunchalCountry:PortugalProperties:2,216Monthly Revenue:$3503.25Daily Rate (ADR):$229.86Occupancy:59.07%Regulation:High
Rank:#8Market:CascaisCountry:PortugalProperties:1,709Monthly Revenue:$1964.58Daily Rate (ADR):$196.62Occupancy:47.12%Regulation:High
Rank:#9Market:TaviraCountry:PortugalProperties:1,458Monthly Revenue:$1401.61Daily Rate (ADR):$160.78Occupancy:44.34%Regulation:High
Rank:#10Market:Ponta DelgadaCountry:PortugalProperties:1,345Monthly Revenue:$1716.74Daily Rate (ADR):$143.29Occupancy:51.06%Regulation:High
Rank:#11Market:AlmadaCountry:PortugalProperties:1,239Monthly Revenue:$1533.82Daily Rate (ADR):$150.65Occupancy:46.82%Regulation:High
Rank:#12Market:SintraCountry:PortugalProperties:1,191Monthly Revenue:$1637.05Daily Rate (ADR):$187.81Occupancy:43.27%Regulation:High
Rank:#13Market:Vila Nova de GaiaCountry:PortugalProperties:1,128Monthly Revenue:$1645.85Daily Rate (ADR):$140.44Occupancy:50.27%Regulation:High
Rank:#14Market:AljezurCountry:PortugalProperties:1,093Monthly Revenue:$1512.24Daily Rate (ADR):$159.20Occupancy:47.08%Regulation:High
Rank:#15Market:Lagoa e CarvoeiroCountry:PortugalProperties:1,086Monthly Revenue:$2275.53Daily Rate (ADR):$243.71Occupancy:49.16%Regulation:High
Rank:#16Market:FaroCountry:PortugalProperties:1,076Monthly Revenue:$1425.72Daily Rate (ADR):$141.60Occupancy:46.98%Regulation:High
Rank:#17Market:PenicheCountry:PortugalProperties:1,032Monthly Revenue:$933.50Daily Rate (ADR):$114.17Occupancy:40.67%Regulation:High
Rank:#18Market:NazaréCountry:PortugalProperties:1,009Monthly Revenue:$1055.40Daily Rate (ADR):$113.94Occupancy:39.95%Regulation:High
Rank:#19Market:CalhetaCountry:PortugalProperties:983Monthly Revenue:$2762.30Daily Rate (ADR):$194.68Occupancy:59.10%Regulation:High
Rank:#20Market:Vila do BispoCountry:PortugalProperties:963Monthly Revenue:$1749.12Daily Rate (ADR):$164.52Occupancy:48.09%Regulation:High
Rank:#21Market:MafraCountry:PortugalProperties:945Monthly Revenue:$1427.45Daily Rate (ADR):$159.37Occupancy:43.91%Regulation:High
Rank:#22Market:SesimbraCountry:PortugalProperties:784Monthly Revenue:$1357.11Daily Rate (ADR):$174.58Occupancy:41.71%Regulation:High
Rank:#23Market:OdemiraCountry:PortugalProperties:728Monthly Revenue:$1014.20Daily Rate (ADR):$125.05Occupancy:38.48%Regulation:High
Rank:#24Market:BragaCountry:PortugalProperties:642Monthly Revenue:$818.19Daily Rate (ADR):$101.29Occupancy:37.01%Regulation:High
Rank:#25Market:SetúbalCountry:PortugalProperties:589Monthly Revenue:$1258.48Daily Rate (ADR):$174.38Occupancy:41.09%Regulation:High
Rank:#26Market:CoimbraCountry:PortugalProperties:534Monthly Revenue:$873.86Daily Rate (ADR):$90.10Occupancy:41.36%Regulation:High
Rank:#27Market:Armação de PêraCountry:PortugalProperties:526Monthly Revenue:$1405.43Daily Rate (ADR):$162.08Occupancy:45.93%Regulation:High
Rank:#28Market:Santa CruzCountry:PortugalProperties:519Monthly Revenue:$2739.70Daily Rate (ADR):$184.89Occupancy:57.11%Regulation:High
Rank:#29Market:OlhãoCountry:PortugalProperties:512Monthly Revenue:$1586.40Daily Rate (ADR):$146.92Occupancy:50.46%Regulation:High
Rank:#30Market:Viana do CasteloCountry:PortugalProperties:496Monthly Revenue:$1144.77Daily Rate (ADR):$169.35Occupancy:37.41%Regulation:High
Rank:#31Market:AlcobaçaCountry:PortugalProperties:475Monthly Revenue:$933.64Daily Rate (ADR):$132.87Occupancy:40.02%Regulation:High
Rank:#32Market:AveiroCountry:PortugalProperties:454Monthly Revenue:$924.88Daily Rate (ADR):$109.71Occupancy:39.36%Regulation:High
Rank:#33Market:MatosinhosCountry:PortugalProperties:444Monthly Revenue:$1221.23Daily Rate (ADR):$111.39Occupancy:47.24%Regulation:High
Rank:#34Market:Vila Real de Santo AntónioCountry:PortugalProperties:425Monthly Revenue:$1075.28Daily Rate (ADR):$144.81Occupancy:41.12%Regulation:High
Rank:#35Market:ÓbidosCountry:PortugalProperties:404Monthly Revenue:$1280.94Daily Rate (ADR):$198.77Occupancy:36.59%Regulation:High
Rank:#36Market:PorchesCountry:PortugalProperties:378Monthly Revenue:$1563.53Daily Rate (ADR):$192.56Occupancy:44.67%Regulation:High
Rank:#37Market:CaminhaCountry:PortugalProperties:371Monthly Revenue:$861.44Daily Rate (ADR):$180.89Occupancy:35.34%Regulation:High
Rank:#38Market:OeirasCountry:PortugalProperties:369Monthly Revenue:$1553.20Daily Rate (ADR):$140.94Occupancy:50.77%Regulation:High
Rank:#39Market:Caldas da RainhaCountry:PortugalProperties:354Monthly Revenue:$1238.45Daily Rate (ADR):$170.23Occupancy:41.29%Regulation:High
Rank:#40Market:EsposendeCountry:PortugalProperties:351Monthly Revenue:$1066.57Daily Rate (ADR):$169.83Occupancy:38.90%Regulation:High
Rank:#41Market:GrândolaCountry:PortugalProperties:350Monthly Revenue:$2169.63Daily Rate (ADR):$382.79Occupancy:33.75%Regulation:High
Rank:#42Market:Ponte de LimaCountry:PortugalProperties:332Monthly Revenue:$1012.07Daily Rate (ADR):$203.01Occupancy:30.60%Regulation:High
Rank:#43Market:Moncarapacho e FusetaCountry:PortugalProperties:327Monthly Revenue:$1424.57Daily Rate (ADR):$161.23Occupancy:45.74%Regulation:High
Rank:#44Market:Figueira da FozCountry:PortugalProperties:312Monthly Revenue:$761.26Daily Rate (ADR):$123.52Occupancy:35.70%Regulation:High
Rank:#45Market:Ponta do SolCountry:PortugalProperties:305Monthly Revenue:$2982.98Daily Rate (ADR):$175.10Occupancy:64.09%Regulation:High
Rank:#46Market:Terras de BouroCountry:PortugalProperties:300Monthly Revenue:$1000.07Daily Rate (ADR):$162.90Occupancy:31.73%Regulation:High
Rank:#47Market:GuimarãesCountry:PortugalProperties:290Monthly Revenue:$1003.37Daily Rate (ADR):$147.01Occupancy:35.67%Regulation:High
Rank:#48Market:Santiago do CacémCountry:PortugalProperties:282Monthly Revenue:$1128.74Daily Rate (ADR):$190.85Occupancy:33.14%Regulation:High
Rank:#49Market:ÉvoraCountry:PortugalProperties:279Monthly Revenue:$1000.53Daily Rate (ADR):$130.75Occupancy:36.34%Regulation:High
Rank:#50Market:Torres VedrasCountry:PortugalProperties:270Monthly Revenue:$1048.05Daily Rate (ADR):$138.54Occupancy:35.77%Regulation:High
Rank:#51Market:São VicenteCountry:PortugalProperties:262Monthly Revenue:$2285.11Daily Rate (ADR):$135.11Occupancy:62.14%Regulation:High
Rank:#52Market:Vila do CondeCountry:PortugalProperties:259Monthly Revenue:$1193.22Daily Rate (ADR):$141.61Occupancy:40.43%Regulation:High
Rank:#53Market:Arcos de ValdevezCountry:PortugalProperties:259Monthly Revenue:$851.37Daily Rate (ADR):$140.97Occupancy:33.33%Regulation:High
Rank:#54Market:MachicoCountry:PortugalProperties:237Monthly Revenue:$1642.70Daily Rate (ADR):$122.24Occupancy:59.07%Regulation:High
Rank:#55Market:Vieira do MinhoCountry:PortugalProperties:228Monthly Revenue:$1094.55Daily Rate (ADR):$192.76Occupancy:33.18%Regulation:High
Rank:#56Market:Lourinhã e AtalaiaCountry:PortugalProperties:227Monthly Revenue:$1026.45Daily Rate (ADR):$174.98Occupancy:34.31%Regulation:High
Rank:#57Market:SeixalCountry:PortugalProperties:220Monthly Revenue:$1788.63Daily Rate (ADR):$205.09Occupancy:42.06%Regulation:High
Rank:#58Market:Póvoa de VarzimCountry:PortugalProperties:216Monthly Revenue:$956.40Daily Rate (ADR):$127.66Occupancy:39.47%Regulation:High
Rank:#59Market:ÍlhavoCountry:PortugalProperties:213Monthly Revenue:$1058.17Daily Rate (ADR):$149.18Occupancy:38.43%Regulation:High
Rank:#60Market:FerragudoCountry:PortugalProperties:213Monthly Revenue:$2083.29Daily Rate (ADR):$249.51Occupancy:45.26%Regulation:High
Rank:#61Market:Alcantarilha e PêraCountry:PortugalProperties:211Monthly Revenue:$1493.43Daily Rate (ADR):$229.05Occupancy:42.32%Regulation:High
Rank:#62Market:Ribeira BravaCountry:PortugalProperties:206Monthly Revenue:$3329.70Daily Rate (ADR):$194.14Occupancy:62.81%Regulation:High
Rank:#63Market:São Roque do PicoCountry:PortugalProperties:203Monthly Revenue:$1148.18Daily Rate (ADR):$152.52Occupancy:40.40%Regulation:High
Rank:#64Market:TomarCountry:PortugalProperties:199Monthly Revenue:$921.65Daily Rate (ADR):$137.86Occupancy:34.73%Regulation:High
Rank:#65Market:LouresCountry:PortugalProperties:196Monthly Revenue:$1073.50Daily Rate (ADR):$107.43Occupancy:44.71%Regulation:High
Rank:#66Market:PalmelaCountry:PortugalProperties:192Monthly Revenue:$1421.23Daily Rate (ADR):$204.26Occupancy:39.72%Regulation:High
Rank:#67Market:Castro MarimCountry:PortugalProperties:189Monthly Revenue:$1274.89Daily Rate (ADR):$172.38Occupancy:37.55%Regulation:High
Rank:#68Market:SeiaCountry:PortugalProperties:184Monthly Revenue:$774.20Daily Rate (ADR):$145.09Occupancy:26.97%Regulation:High
Rank:#69Market:PovoaçãoCountry:PortugalProperties:182Monthly Revenue:$1928.55Daily Rate (ADR):$161.04Occupancy:51.29%Regulation:High
Rank:#70Market:SilvesCountry:PortugalProperties:178Monthly Revenue:$1869.71Daily Rate (ADR):$225.01Occupancy:44.52%Regulation:High
Rank:#71Market:OvarCountry:PortugalProperties:171Monthly Revenue:$828.75Daily Rate (ADR):$110.99Occupancy:37.03%Regulation:High
Rank:#72Market:Vila Franca do CampoCountry:PortugalProperties:171Monthly Revenue:$1807.54Daily Rate (ADR):$183.25Occupancy:51.16%Regulation:High
Rank:#73Market:AmadoraCountry:PortugalProperties:171Monthly Revenue:$867.96Daily Rate (ADR):$73.58Occupancy:52.37%Regulation:High
Rank:#74Market:LeiriaCountry:PortugalProperties:166Monthly Revenue:$724.80Daily Rate (ADR):$116.08Occupancy:36.01%Regulation:High
Rank:#75Market:Porto SantoCountry:PortugalProperties:163Monthly Revenue:$1442.18Daily Rate (ADR):$174.93Occupancy:41.78%Regulation:High
Rank:#76Market:Reguengos de MonsarazCountry:PortugalProperties:163Monthly Revenue:$967.97Daily Rate (ADR):$143.60Occupancy:32.61%Regulation:High
Rank:#77Market:Porto MonizCountry:PortugalProperties:161Monthly Revenue:$1645.78Daily Rate (ADR):$120.55Occupancy:58.37%Regulation:High
Rank:#78Market:SantanaCountry:PortugalProperties:157Monthly Revenue:$1857.53Daily Rate (ADR):$161.68Occupancy:57.14%Regulation:High
Rank:#79Market:BarcelosCountry:PortugalProperties:153Monthly Revenue:$932.06Daily Rate (ADR):$182.61Occupancy:32.81%Regulation:High
Rank:#80Market:AmaranteCountry:PortugalProperties:151Monthly Revenue:$1085.52Daily Rate (ADR):$152.27Occupancy:34.90%Regulation:High
Rank:#81Market:Estômbar e ParchalCountry:PortugalProperties:147Monthly Revenue:$1519.37Daily Rate (ADR):$275.07Occupancy:40.68%Regulation:High
Rank:#82Market:Peso da RéguaCountry:PortugalProperties:136Monthly Revenue:$1273.45Daily Rate (ADR):$186.80Occupancy:29.86%Regulation:High
Rank:#83Market:MadalenaCountry:PortugalProperties:131Monthly Revenue:$1213.65Daily Rate (ADR):$129.27Occupancy:45.95%Regulation:High
Rank:#84Market:Câmara de LobosCountry:PortugalProperties:131Monthly Revenue:$2994.83Daily Rate (ADR):$214.37Occupancy:57.93%Regulation:High
Rank:#85Market:OurémCountry:PortugalProperties:129Monthly Revenue:$1010.42Daily Rate (ADR):$126.02Occupancy:36.04%Regulation:High
Rank:#86Market:CovilhãCountry:PortugalProperties:127Monthly Revenue:$967.19Daily Rate (ADR):$156.04Occupancy:30.27%Regulation:High
Rank:#87Market:ComportaCountry:PortugalProperties:123Monthly Revenue:$3176.53Daily Rate (ADR):$460.94Occupancy:38.79%Regulation:High
Rank:#88Market:QuelfesCountry:PortugalProperties:120Monthly Revenue:$1342.84Daily Rate (ADR):$156.74Occupancy:46.76%Regulation:High
Rank:#89Market:GondomarCountry:PortugalProperties:119Monthly Revenue:$1290.68Daily Rate (ADR):$170.73Occupancy:39.38%Regulation:High
Rank:#90Market:PenafielCountry:PortugalProperties:116Monthly Revenue:$1318.79Daily Rate (ADR):$204.35Occupancy:32.56%Regulation:High
Rank:#91Market:São Brás de AlportelCountry:PortugalProperties:115Monthly Revenue:$2094.19Daily Rate (ADR):$253.29Occupancy:44.59%Regulation:High
Rank:#92Market:EspinhoCountry:PortugalProperties:112Monthly Revenue:$812.91Daily Rate (ADR):$108.02Occupancy:36.91%Regulation:High
Rank:#93Market:SinesCountry:PortugalProperties:110Monthly Revenue:$1551.84Daily Rate (ADR):$167.38Occupancy:43.02%Regulation:High
Rank:#94Market:BragançaCountry:PortugalProperties:109Monthly Revenue:$673.69Daily Rate (ADR):$101.22Occupancy:30.79%Regulation:High
Rank:#95Market:MonchiqueCountry:PortugalProperties:104Monthly Revenue:$1220.01Daily Rate (ADR):$138.72Occupancy:42.10%Regulation:High
Rank:#96Market:OdivelasCountry:PortugalProperties:104Monthly Revenue:$593.71Daily Rate (ADR):$83.93Occupancy:39.02%Regulation:High
Rank:#97Market:Vila Nova de CerveiraCountry:PortugalProperties:100Monthly Revenue:$845.02Daily Rate (ADR):$207.37Occupancy:28.39%Regulation:High
Rank:#98Market:BaiãoCountry:PortugalProperties:100Monthly Revenue:$1396.52Daily Rate (ADR):$206.95Occupancy:34.54%Regulation:High
Rank:#99Market:Cabeceiras de BastoCountry:PortugalProperties:99Monthly Revenue:$1032.12Daily Rate (ADR):$163.46Occupancy:36.29%Regulation:High
Rank:#100Market:SantarémCountry:PortugalProperties:99Monthly Revenue:$1053.53Daily Rate (ADR):$189.44Occupancy:29.89%Regulation:High

Our Data-Driven Methodology for STR Market Analysis

At AirROI, our market rankings and insights are powered by a robust methodology combining comprehensive Airbnb data collection with sophisticated STR analytics techniques. We strive to provide the most accurate and actionable intelligence for short-term rental investors.

Data Collection & Scope

  • Global Coverage: We aggregate STR data from tens of millions of active short-term rental listings across platforms like Airbnb and Vrbo worldwide.
  • Real-Time Metrics: Our systems track key performance indicators (KPIs) daily, including booking rates, nightly pricing (ADR), occupancy rates, and revenue.
  • Regulatory Monitoring: We actively monitor and incorporate local short-term rental regulations, licensing requirements, and tax obligations into our market analysis.

Analysis & Ranking

  • Proprietary Algorithms: AI and machine learning models analyze booking patterns, predict seasonal demand shifts, and identify emerging market trends in the STR space.
  • Key Metric Evaluation: We evaluate markets based on a weighted combination of critical investment factors using our extensive Airbnb analytics:
    • Revenue Potential: Average Monthly Revenue and Average Daily Rate (ADR).
    • Market Demand: Occupancy Rate and booking lead times.
    • Investment Scale: Number of active properties and market growth trends.
    • Regulatory Environment: Assessed impact of local STR regulations on operational feasibility and profitability.
  • Benchmarking: Performance is benchmarked against regional and global averages to provide context for vacation rental investment potential.

Key Metrics Explained

  • Properties: The count of active short-term rental listings in the market.
  • Monthly Revenue: Average revenue generated per property per month, a key indicator for Airbnb profitability.
  • Daily Rate (ADR): Average nightly booking price.
  • Occupancy: Percentage of nights booked out of total available nights, crucial for understanding STR demand.
  • Regulation: An indicator of the local regulatory climate impacting Airbnb investment.

This rigorous approach ensures our recommendations are based on real-world performance Airbnb data and forward-looking market analysis, empowering you to invest smarter in the vacation rental market.

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