Best Places in Portugal to Invest in Airbnbs, Short-Term Rentals in 2025

Last updated: January 31, 2025

Discover the most lucrative short-term rental markets in Portugal with AirROI's comprehensive investment guide. Whether you’re an experienced property investor or just starting your Airbnb journey, through detailed analysis of key metrics across premier global, our data-driven insights reveal where smart money is flowing in the short-term rental space. Using advanced market analytics and real performance data, we’ve identified investment hotspots that combine strong rental demand, favorable regulations, and optimal revenue potential.

Read on to explore the top-performing short-term rental markets that should be on every investor’s radar in 2024.

Top Short-Term Rental Cities in Portugal

Rank:#1Market:LisbonCountry:PortugalProperties:11,949Monthly Revenue:$2612.31Daily Rate:$158.75Occupancy:58.36%Regulation:High
Rank:#2Market:PortoCountry:PortugalProperties:8,013Monthly Revenue:$1955.59Daily Rate:$129.87Occupancy:53.36%Regulation:High
Rank:#3Market:AlbufeiraCountry:PortugalProperties:4,942Monthly Revenue:$2886.06Daily Rate:$309.49Occupancy:45.98%Regulation:High
Rank:#4Market:LagosCountry:PortugalProperties:3,359Monthly Revenue:$2172.75Daily Rate:$187.45Occupancy:51.44%Regulation:High
Rank:#5Market:LouléCountry:PortugalProperties:2,754Monthly Revenue:$2367.34Daily Rate:$282.79Occupancy:42.78%Regulation:High
Rank:#6Market:PortimãoCountry:PortugalProperties:2,396Monthly Revenue:$1658.64Daily Rate:$175.25Occupancy:45.58%Regulation:High
Rank:#7Market:FunchalCountry:PortugalProperties:1,957Monthly Revenue:$3861.95Daily Rate:$226.49Occupancy:60.07%Regulation:High
Rank:#8Market:CascaisCountry:PortugalProperties:1,613Monthly Revenue:$2420.83Daily Rate:$203.30Occupancy:48.99%Regulation:High
Rank:#9Market:TaviraCountry:PortugalProperties:1,406Monthly Revenue:$1574.97Daily Rate:$179.00Occupancy:44.28%Regulation:High
Rank:#10Market:Ponta DelgadaCountry:PortugalProperties:1,215Monthly Revenue:$1948.29Daily Rate:$148.51Occupancy:52.07%Regulation:High
Rank:#11Market:SintraCountry:PortugalProperties:1,128Monthly Revenue:$1956.24Daily Rate:$195.16Occupancy:45.37%Regulation:High
Rank:#12Market:AlmadaCountry:PortugalProperties:1,122Monthly Revenue:$1976.44Daily Rate:$156.24Occupancy:49.46%Regulation:High
Rank:#13Market:Vila Nova de GaiaCountry:PortugalProperties:1,092Monthly Revenue:$1894.45Daily Rate:$139.77Occupancy:52.27%Regulation:High
Rank:#14Market:AljezurCountry:PortugalProperties:1,060Monthly Revenue:$1702.17Daily Rate:$160.19Occupancy:47.22%Regulation:High
Rank:#15Market:Lagoa e CarvoeiroCountry:PortugalProperties:1,045Monthly Revenue:$2475.62Daily Rate:$252.37Occupancy:49.02%Regulation:High
Rank:#16Market:PenicheCountry:PortugalProperties:1,025Monthly Revenue:$1087.95Daily Rate:$115.61Occupancy:41.21%Regulation:High
Rank:#17Market:FaroCountry:PortugalProperties:1,013Monthly Revenue:$1777.82Daily Rate:$150.39Occupancy:48.19%Regulation:High
Rank:#18Market:NazaréCountry:PortugalProperties:967Monthly Revenue:$1337.46Daily Rate:$119.83Occupancy:41.65%Regulation:High
Rank:#19Market:MafraCountry:PortugalProperties:950Monthly Revenue:$1687.24Daily Rate:$165.67Occupancy:44.44%Regulation:High
Rank:#20Market:Vila do BispoCountry:PortugalProperties:909Monthly Revenue:$1942.77Daily Rate:$167.95Occupancy:49.54%Regulation:High
Rank:#21Market:CalhetaCountry:PortugalProperties:846Monthly Revenue:$3055.16Daily Rate:$195.15Occupancy:61.07%Regulation:High
Rank:#22Market:SesimbraCountry:PortugalProperties:764Monthly Revenue:$1550.76Daily Rate:$175.11Occupancy:42.61%Regulation:High
Rank:#23Market:OdemiraCountry:PortugalProperties:692Monthly Revenue:$1204.42Daily Rate:$129.05Occupancy:39.34%Regulation:High
Rank:#24Market:BragaCountry:PortugalProperties:607Monthly Revenue:$945.06Daily Rate:$98.55Occupancy:39.22%Regulation:High
Rank:#25Market:SetúbalCountry:PortugalProperties:571Monthly Revenue:$1616.76Daily Rate:$181.34Occupancy:43.19%Regulation:High
Rank:#26Market:Armação de PêraCountry:PortugalProperties:514Monthly Revenue:$1609.70Daily Rate:$176.50Occupancy:44.75%Regulation:High
Rank:#27Market:CoimbraCountry:PortugalProperties:506Monthly Revenue:$1061.16Daily Rate:$86.99Occupancy:43.96%Regulation:High
Rank:#28Market:Viana do CasteloCountry:PortugalProperties:479Monthly Revenue:$1372.72Daily Rate:$175.02Occupancy:38.91%Regulation:High
Rank:#29Market:AlcobaçaCountry:PortugalProperties:460Monthly Revenue:$1054.07Daily Rate:$137.55Occupancy:39.72%Regulation:High
Rank:#30Market:Santa CruzCountry:PortugalProperties:455Monthly Revenue:$3080.51Daily Rate:$191.37Occupancy:57.50%Regulation:High
Rank:#31Market:OlhãoCountry:PortugalProperties:448Monthly Revenue:$1945.95Daily Rate:$146.31Occupancy:52.47%Regulation:High
Rank:#32Market:AveiroCountry:PortugalProperties:439Monthly Revenue:$1145.43Daily Rate:$113.10Occupancy:41.58%Regulation:High
Rank:#33Market:ÓbidosCountry:PortugalProperties:414Monthly Revenue:$1443.12Daily Rate:$207.51Occupancy:36.47%Regulation:High
Rank:#34Market:Vila Real de Santo AntónioCountry:PortugalProperties:412Monthly Revenue:$1193.23Daily Rate:$150.56Occupancy:39.69%Regulation:High
Rank:#35Market:MatosinhosCountry:PortugalProperties:393Monthly Revenue:$1514.99Daily Rate:$113.62Occupancy:48.94%Regulation:High
Rank:#36Market:CaminhaCountry:PortugalProperties:384Monthly Revenue:$975.15Daily Rate:$173.67Occupancy:36.57%Regulation:High
Rank:#37Market:GrândolaCountry:PortugalProperties:364Monthly Revenue:$2562.01Daily Rate:$385.01Occupancy:34.78%Regulation:High
Rank:#38Market:Moncarapacho e FusetaCountry:PortugalProperties:350Monthly Revenue:$1547.90Daily Rate:$176.61Occupancy:45.92%Regulation:High
Rank:#39Market:Caldas da RainhaCountry:PortugalProperties:339Monthly Revenue:$1346.96Daily Rate:$167.63Occupancy:41.75%Regulation:High
Rank:#40Market:EsposendeCountry:PortugalProperties:329Monthly Revenue:$1360.96Daily Rate:$189.13Occupancy:41.69%Regulation:High
Rank:#41Market:OeirasCountry:PortugalProperties:329Monthly Revenue:$1927.96Daily Rate:$144.70Occupancy:53.44%Regulation:High
Rank:#42Market:PorchesCountry:PortugalProperties:322Monthly Revenue:$1957.78Daily Rate:$207.77Occupancy:48.63%Regulation:High
Rank:#43Market:Figueira da FozCountry:PortugalProperties:314Monthly Revenue:$853.92Daily Rate:$119.45Occupancy:36.77%Regulation:High
Rank:#44Market:Ponte de LimaCountry:PortugalProperties:314Monthly Revenue:$1154.73Daily Rate:$205.91Occupancy:32.05%Regulation:High
Rank:#45Market:Terras de BouroCountry:PortugalProperties:281Monthly Revenue:$1168.66Daily Rate:$159.33Occupancy:33.21%Regulation:High
Rank:#46Market:Santiago do CacémCountry:PortugalProperties:271Monthly Revenue:$1325.18Daily Rate:$195.48Occupancy:34.69%Regulation:High
Rank:#47Market:Ponta do SolCountry:PortugalProperties:256Monthly Revenue:$3214.79Daily Rate:$174.67Occupancy:64.91%Regulation:High
Rank:#48Market:GuimarãesCountry:PortugalProperties:254Monthly Revenue:$1207.75Daily Rate:$149.21Occupancy:37.80%Regulation:High
Rank:#49Market:ÉvoraCountry:PortugalProperties:254Monthly Revenue:$1236.04Daily Rate:$126.11Occupancy:40.38%Regulation:High
Rank:#50Market:Lourinhã e AtalaiaCountry:PortugalProperties:244Monthly Revenue:$1162.80Daily Rate:$175.18Occupancy:35.87%Regulation:High
Rank:#51Market:Torres VedrasCountry:PortugalProperties:244Monthly Revenue:$1372.73Daily Rate:$149.95Occupancy:38.81%Regulation:High
Rank:#52Market:Arcos de ValdevezCountry:PortugalProperties:236Monthly Revenue:$920.30Daily Rate:$133.10Occupancy:34.64%Regulation:High
Rank:#53Market:Vila do CondeCountry:PortugalProperties:233Monthly Revenue:$1424.59Daily Rate:$140.04Occupancy:43.26%Regulation:High
Rank:#54Market:São VicenteCountry:PortugalProperties:224Monthly Revenue:$2557.28Daily Rate:$132.39Occupancy:66.18%Regulation:High
Rank:#55Market:São Roque do PicoCountry:PortugalProperties:213Monthly Revenue:$1312.38Daily Rate:$152.96Occupancy:41.13%Regulation:High
Rank:#56Market:Vieira do MinhoCountry:PortugalProperties:208Monthly Revenue:$1199.56Daily Rate:$188.81Occupancy:34.59%Regulation:High
Rank:#57Market:ÍlhavoCountry:PortugalProperties:201Monthly Revenue:$1303.26Daily Rate:$138.00Occupancy:39.94%Regulation:High
Rank:#58Market:PalmelaCountry:PortugalProperties:197Monthly Revenue:$1631.17Daily Rate:$208.70Occupancy:40.30%Regulation:High
Rank:#59Market:MachicoCountry:PortugalProperties:196Monthly Revenue:$1923.29Daily Rate:$116.56Occupancy:60.64%Regulation:High
Rank:#60Market:Póvoa de VarzimCountry:PortugalProperties:196Monthly Revenue:$1181.06Daily Rate:$132.02Occupancy:41.18%Regulation:High
Rank:#61Market:SeixalCountry:PortugalProperties:195Monthly Revenue:$2377.91Daily Rate:$206.44Occupancy:46.61%Regulation:High
Rank:#62Market:Alcantarilha e PêraCountry:PortugalProperties:194Monthly Revenue:$1948.20Daily Rate:$251.07Occupancy:42.38%Regulation:High
Rank:#63Market:FerragudoCountry:PortugalProperties:194Monthly Revenue:$2544.24Daily Rate:$270.54Occupancy:47.29%Regulation:High
Rank:#64Market:Castro MarimCountry:PortugalProperties:193Monthly Revenue:$1384.49Daily Rate:$188.08Occupancy:37.89%Regulation:High
Rank:#65Market:TomarCountry:PortugalProperties:182Monthly Revenue:$1166.78Daily Rate:$135.94Occupancy:36.78%Regulation:High
Rank:#66Market:LouresCountry:PortugalProperties:181Monthly Revenue:$1437.39Daily Rate:$104.87Occupancy:47.99%Regulation:High
Rank:#67Market:SeiaCountry:PortugalProperties:176Monthly Revenue:$914.23Daily Rate:$140.53Occupancy:28.69%Regulation:High
Rank:#68Market:SilvesCountry:PortugalProperties:172Monthly Revenue:$1968.08Daily Rate:$223.55Occupancy:42.39%Regulation:High
Rank:#69Market:OvarCountry:PortugalProperties:169Monthly Revenue:$894.50Daily Rate:$114.19Occupancy:38.92%Regulation:High
Rank:#70Market:Ribeira BravaCountry:PortugalProperties:165Monthly Revenue:$4063.16Daily Rate:$214.09Occupancy:64.99%Regulation:High
Rank:#71Market:PovoaçãoCountry:PortugalProperties:163Monthly Revenue:$2181.85Daily Rate:$168.36Occupancy:52.19%Regulation:High
Rank:#72Market:AmadoraCountry:PortugalProperties:157Monthly Revenue:$1133.10Daily Rate:$76.18Occupancy:56.14%Regulation:High
Rank:#73Market:AmaranteCountry:PortugalProperties:153Monthly Revenue:$1311.12Daily Rate:$152.44Occupancy:37.83%Regulation:High
Rank:#74Market:Estômbar e ParchalCountry:PortugalProperties:151Monthly Revenue:$1723.49Daily Rate:$285.67Occupancy:42.12%Regulation:High
Rank:#75Market:Reguengos de MonsarazCountry:PortugalProperties:144Monthly Revenue:$1250.21Daily Rate:$137.58Occupancy:34.87%Regulation:High
Rank:#76Market:Porto SantoCountry:PortugalProperties:141Monthly Revenue:$1811.24Daily Rate:$197.22Occupancy:46.25%Regulation:High
Rank:#77Market:Vila Franca do CampoCountry:PortugalProperties:137Monthly Revenue:$2202.82Daily Rate:$187.97Occupancy:54.16%Regulation:High
Rank:#78Market:OurémCountry:PortugalProperties:136Monthly Revenue:$1177.92Daily Rate:$119.23Occupancy:37.97%Regulation:High
Rank:#79Market:SantanaCountry:PortugalProperties:135Monthly Revenue:$2382.46Daily Rate:$165.81Occupancy:58.22%Regulation:High
Rank:#80Market:MadalenaCountry:PortugalProperties:133Monthly Revenue:$1296.04Daily Rate:$134.55Occupancy:44.76%Regulation:High
Rank:#81Market:QuelfesCountry:PortugalProperties:132Monthly Revenue:$1355.14Daily Rate:$170.23Occupancy:45.14%Regulation:High
Rank:#82Market:LeiriaCountry:PortugalProperties:132Monthly Revenue:$910.40Daily Rate:$125.91Occupancy:37.71%Regulation:High
Rank:#83Market:Porto MonizCountry:PortugalProperties:129Monthly Revenue:$2188.47Daily Rate:$127.34Occupancy:58.84%Regulation:High
Rank:#84Market:ComportaCountry:PortugalProperties:124Monthly Revenue:$3769.45Daily Rate:$482.75Occupancy:40.72%Regulation:High
Rank:#85Market:BarcelosCountry:PortugalProperties:119Monthly Revenue:$1262.43Daily Rate:$172.13Occupancy:36.40%Regulation:High
Rank:#86Market:Peso da RéguaCountry:PortugalProperties:119Monthly Revenue:$1561.14Daily Rate:$185.59Occupancy:34.22%Regulation:High
Rank:#87Market:CovilhãCountry:PortugalProperties:118Monthly Revenue:$1125.63Daily Rate:$146.72Occupancy:32.05%Regulation:High
Rank:#88Market:São Brás de AlportelCountry:PortugalProperties:112Monthly Revenue:$2330.40Daily Rate:$250.10Occupancy:43.41%Regulation:High
Rank:#89Market:Câmara de LobosCountry:PortugalProperties:111Monthly Revenue:$3548.00Daily Rate:$202.68Occupancy:58.29%Regulation:High
Rank:#90Market:MonchiqueCountry:PortugalProperties:110Monthly Revenue:$1413.11Daily Rate:$144.49Occupancy:42.51%Regulation:High
Rank:#91Market:PenafielCountry:PortugalProperties:110Monthly Revenue:$1577.58Daily Rate:$203.48Occupancy:33.12%Regulation:High
Rank:#92Market:BragançaCountry:PortugalProperties:107Monthly Revenue:$803.60Daily Rate:$102.40Occupancy:34.77%Regulation:High
Rank:#93Market:SinesCountry:PortugalProperties:107Monthly Revenue:$1640.12Daily Rate:$161.07Occupancy:42.57%Regulation:High
Rank:#94Market:Alcácer do Sal (Santa Maria do Castelo e Santiago) e Santa SusanaCountry:PortugalProperties:105Monthly Revenue:$1228.50Daily Rate:$219.37Occupancy:32.88%Regulation:High
Rank:#95Market:EspinhoCountry:PortugalProperties:103Monthly Revenue:$1047.94Daily Rate:$114.16Occupancy:38.46%Regulation:High
Rank:#96Market:GondomarCountry:PortugalProperties:100Monthly Revenue:$1590.52Daily Rate:$172.52Occupancy:41.57%Regulation:High
Rank:#97Market:Ponte da BarcaCountry:PortugalProperties:100Monthly Revenue:$1100.65Daily Rate:$135.53Occupancy:36.98%Regulation:High
Rank:#98Market:ViseuCountry:PortugalProperties:95Monthly Revenue:$804.86Daily Rate:$107.16Occupancy:30.76%Regulation:High

Our Methodology

At AirROI, we leverage advanced technology to process and analyze the world’s most comprehensive short-term rental dataset, helping investors make data-driven decisions.

Data Collection

  • Real-time data aggregation from tens of millions of listings globally
  • Comprehensive tracking of market-specific performance metrics
  • Local regulatory tracking

Data Processing

  • AI-powered analysis of booking patterns
  • Advanced machine learning for trend identification
  • Forward-looking market forecasting
  • Cross-market performance benchmarking

Key Metrics We Track

  • Occupancy rates and seasonal patterns
  • Revenue performance (ADR, RevPAR)
  • Market demand indicators
  • Investment metrics (ROI, operating costs)
  • Regulatory compliance requirements

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