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

Source: AirROI

Last updated: 2025-11-01

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:12,279Monthly Revenue:$2459.22Daily Rate (ADR):$166.45Occupancy:53.93%Regulation:High
Rank:#2Market:PortoCountry:PortugalProperties:8,056Monthly Revenue:$1906.35Daily Rate (ADR):$138.57Occupancy:50.35%Regulation:High
Rank:#3Market:AlbufeiraCountry:PortugalProperties:4,715Monthly Revenue:$2894.96Daily Rate (ADR):$289.44Occupancy:44.90%Regulation:High
Rank:#4Market:LagosCountry:PortugalProperties:3,410Monthly Revenue:$2277.50Daily Rate (ADR):$193.65Occupancy:50.19%Regulation:High
Rank:#5Market:LouléCountry:PortugalProperties:2,724Monthly Revenue:$2401.33Daily Rate (ADR):$279.87Occupancy:40.77%Regulation:High
Rank:#6Market:PortimãoCountry:PortugalProperties:2,401Monthly Revenue:$1574.63Daily Rate (ADR):$177.95Occupancy:42.39%Regulation:High
Rank:#7Market:FunchalCountry:PortugalProperties:2,205Monthly Revenue:$4176.16Daily Rate (ADR):$246.15Occupancy:59.78%Regulation:High
Rank:#8Market:CascaisCountry:PortugalProperties:1,599Monthly Revenue:$2348.41Daily Rate (ADR):$218.85Occupancy:45.43%Regulation:High
Rank:#9Market:TaviraCountry:PortugalProperties:1,469Monthly Revenue:$1602.54Daily Rate (ADR):$179.17Occupancy:41.79%Regulation:High
Rank:#10Market:Ponta DelgadaCountry:PortugalProperties:1,348Monthly Revenue:$2073.14Daily Rate (ADR):$169.52Occupancy:48.86%Regulation:High
Rank:#11Market:AlmadaCountry:PortugalProperties:1,201Monthly Revenue:$1859.93Daily Rate (ADR):$169.75Occupancy:44.97%Regulation:High
Rank:#12Market:SintraCountry:PortugalProperties:1,150Monthly Revenue:$1876.17Daily Rate (ADR):$207.14Occupancy:41.13%Regulation:High
Rank:#13Market:AljezurCountry:PortugalProperties:1,102Monthly Revenue:$1687.44Daily Rate (ADR):$170.91Occupancy:43.64%Regulation:High
Rank:#14Market:Vila Nova de GaiaCountry:PortugalProperties:1,086Monthly Revenue:$1890.15Daily Rate (ADR):$153.42Occupancy:49.43%Regulation:High
Rank:#15Market:Lagoa e CarvoeiroCountry:PortugalProperties:1,064Monthly Revenue:$2667.05Daily Rate (ADR):$259.78Occupancy:47.65%Regulation:High
Rank:#16Market:FaroCountry:PortugalProperties:1,039Monthly Revenue:$1648.72Daily Rate (ADR):$150.03Occupancy:46.40%Regulation:High
Rank:#17Market:CalhetaCountry:PortugalProperties:1,037Monthly Revenue:$3080.01Daily Rate (ADR):$203.93Occupancy:57.83%Regulation:High
Rank:#18Market:PenicheCountry:PortugalProperties:1,005Monthly Revenue:$1026.76Daily Rate (ADR):$125.50Occupancy:37.22%Regulation:High
Rank:#19Market:NazaréCountry:PortugalProperties:997Monthly Revenue:$1170.58Daily Rate (ADR):$125.98Occupancy:37.54%Regulation:High
Rank:#20Market:Vila do BispoCountry:PortugalProperties:983Monthly Revenue:$1962.96Daily Rate (ADR):$185.99Occupancy:45.95%Regulation:High
Rank:#21Market:MafraCountry:PortugalProperties:905Monthly Revenue:$1648.47Daily Rate (ADR):$175.74Occupancy:41.27%Regulation:High
Rank:#22Market:SesimbraCountry:PortugalProperties:770Monthly Revenue:$1600.14Daily Rate (ADR):$191.83Occupancy:38.88%Regulation:High
Rank:#23Market:OdemiraCountry:PortugalProperties:718Monthly Revenue:$1138.80Daily Rate (ADR):$139.70Occupancy:36.33%Regulation:High
Rank:#24Market:BragaCountry:PortugalProperties:603Monthly Revenue:$942.39Daily Rate (ADR):$109.03Occupancy:36.76%Regulation:High
Rank:#25Market:SetúbalCountry:PortugalProperties:580Monthly Revenue:$1408.39Daily Rate (ADR):$185.29Occupancy:37.85%Regulation:High
Rank:#26Market:CoimbraCountry:PortugalProperties:537Monthly Revenue:$1000.17Daily Rate (ADR):$99.01Occupancy:40.42%Regulation:High
Rank:#27Market:Armação de PêraCountry:PortugalProperties:523Monthly Revenue:$1726.56Daily Rate (ADR):$201.24Occupancy:43.11%Regulation:High
Rank:#28Market:OlhãoCountry:PortugalProperties:522Monthly Revenue:$1804.55Daily Rate (ADR):$155.68Occupancy:48.44%Regulation:High
Rank:#29Market:Santa CruzCountry:PortugalProperties:518Monthly Revenue:$3143.71Daily Rate (ADR):$201.91Occupancy:57.26%Regulation:High
Rank:#30Market:Viana do CasteloCountry:PortugalProperties:514Monthly Revenue:$1451.18Daily Rate (ADR):$195.79Occupancy:34.88%Regulation:High
Rank:#31Market:AlcobaçaCountry:PortugalProperties:451Monthly Revenue:$1046.96Daily Rate (ADR):$146.49Occupancy:36.21%Regulation:High
Rank:#32Market:Vila Real de Santo AntónioCountry:PortugalProperties:427Monthly Revenue:$1180.31Daily Rate (ADR):$156.04Occupancy:38.51%Regulation:High
Rank:#33Market:MatosinhosCountry:PortugalProperties:419Monthly Revenue:$1501.00Daily Rate (ADR):$123.69Occupancy:45.28%Regulation:High
Rank:#34Market:AveiroCountry:PortugalProperties:415Monthly Revenue:$1055.42Daily Rate (ADR):$117.86Occupancy:38.13%Regulation:High
Rank:#35Market:ÓbidosCountry:PortugalProperties:411Monthly Revenue:$1384.99Daily Rate (ADR):$219.30Occupancy:33.04%Regulation:High
Rank:#36Market:PorchesCountry:PortugalProperties:354Monthly Revenue:$1902.77Daily Rate (ADR):$210.29Occupancy:43.61%Regulation:High
Rank:#37Market:CaminhaCountry:PortugalProperties:351Monthly Revenue:$1032.97Daily Rate (ADR):$199.25Occupancy:31.65%Regulation:High
Rank:#38Market:OeirasCountry:PortugalProperties:346Monthly Revenue:$1887.15Daily Rate (ADR):$150.75Occupancy:50.13%Regulation:High
Rank:#39Market:Caldas da RainhaCountry:PortugalProperties:345Monthly Revenue:$1432.69Daily Rate (ADR):$187.04Occupancy:37.81%Regulation:High
Rank:#40Market:GrândolaCountry:PortugalProperties:341Monthly Revenue:$2533.03Daily Rate (ADR):$415.09Occupancy:31.25%Regulation:High
Rank:#41Market:EsposendeCountry:PortugalProperties:337Monthly Revenue:$1211.17Daily Rate (ADR):$187.66Occupancy:36.59%Regulation:High
Rank:#42Market:Ponte de LimaCountry:PortugalProperties:337Monthly Revenue:$1115.74Daily Rate (ADR):$214.61Occupancy:29.27%Regulation:High
Rank:#43Market:Figueira da FozCountry:PortugalProperties:315Monthly Revenue:$885.71Daily Rate (ADR):$134.91Occupancy:33.01%Regulation:High
Rank:#44Market:Moncarapacho e FusetaCountry:PortugalProperties:314Monthly Revenue:$1580.10Daily Rate (ADR):$163.16Occupancy:43.65%Regulation:High
Rank:#45Market:Ponta do SolCountry:PortugalProperties:312Monthly Revenue:$3487.17Daily Rate (ADR):$190.22Occupancy:63.68%Regulation:High
Rank:#46Market:Terras de BouroCountry:PortugalProperties:294Monthly Revenue:$1201.39Daily Rate (ADR):$173.63Occupancy:31.00%Regulation:High
Rank:#47Market:GuimarãesCountry:PortugalProperties:284Monthly Revenue:$1195.17Daily Rate (ADR):$163.87Occupancy:35.42%Regulation:High
Rank:#48Market:Santiago do CacémCountry:PortugalProperties:277Monthly Revenue:$1371.14Daily Rate (ADR):$210.84Occupancy:31.52%Regulation:High
Rank:#49Market:São VicenteCountry:PortugalProperties:274Monthly Revenue:$2746.01Daily Rate (ADR):$156.80Occupancy:61.87%Regulation:High
Rank:#50Market:Vila do CondeCountry:PortugalProperties:273Monthly Revenue:$1384.64Daily Rate (ADR):$147.90Occupancy:39.27%Regulation:High
Rank:#51Market:MachicoCountry:PortugalProperties:262Monthly Revenue:$1997.86Daily Rate (ADR):$132.72Occupancy:60.32%Regulation:High
Rank:#52Market:ÉvoraCountry:PortugalProperties:261Monthly Revenue:$1163.67Daily Rate (ADR):$134.79Occupancy:35.36%Regulation:High
Rank:#53Market:Arcos de ValdevezCountry:PortugalProperties:253Monthly Revenue:$1013.48Daily Rate (ADR):$155.52Occupancy:30.06%Regulation:High
Rank:#54Market:Torres VedrasCountry:PortugalProperties:248Monthly Revenue:$1337.20Daily Rate (ADR):$161.26Occupancy:33.92%Regulation:High
Rank:#55Market:Ribeira BravaCountry:PortugalProperties:233Monthly Revenue:$3581.99Daily Rate (ADR):$203.37Occupancy:62.59%Regulation:High
Rank:#56Market:São Roque do PicoCountry:PortugalProperties:224Monthly Revenue:$1177.09Daily Rate (ADR):$162.66Occupancy:36.12%Regulation:High
Rank:#57Market:Lourinhã e AtalaiaCountry:PortugalProperties:220Monthly Revenue:$1274.11Daily Rate (ADR):$190.18Occupancy:33.11%Regulation:High
Rank:#58Market:SeixalCountry:PortugalProperties:217Monthly Revenue:$2177.23Daily Rate (ADR):$208.64Occupancy:41.32%Regulation:High
Rank:#59Market:Vieira do MinhoCountry:PortugalProperties:216Monthly Revenue:$1277.58Daily Rate (ADR):$214.58Occupancy:33.83%Regulation:High
Rank:#60Market:ÍlhavoCountry:PortugalProperties:211Monthly Revenue:$1243.24Daily Rate (ADR):$143.11Occupancy:37.66%Regulation:High
Rank:#61Market:FerragudoCountry:PortugalProperties:208Monthly Revenue:$2504.52Daily Rate (ADR):$257.69Occupancy:45.22%Regulation:High
Rank:#62Market:Alcantarilha e PêraCountry:PortugalProperties:199Monthly Revenue:$1926.28Daily Rate (ADR):$257.98Occupancy:41.16%Regulation:High
Rank:#63Market:Póvoa de VarzimCountry:PortugalProperties:198Monthly Revenue:$1103.30Daily Rate (ADR):$131.92Occupancy:37.37%Regulation:High
Rank:#64Market:Castro MarimCountry:PortugalProperties:191Monthly Revenue:$1381.85Daily Rate (ADR):$192.09Occupancy:35.90%Regulation:High
Rank:#65Market:PovoaçãoCountry:PortugalProperties:187Monthly Revenue:$2252.47Daily Rate (ADR):$183.55Occupancy:48.22%Regulation:High
Rank:#66Market:SeiaCountry:PortugalProperties:185Monthly Revenue:$844.34Daily Rate (ADR):$149.12Occupancy:27.09%Regulation:High
Rank:#67Market:Vila Franca do CampoCountry:PortugalProperties:179Monthly Revenue:$2272.59Daily Rate (ADR):$218.75Occupancy:49.26%Regulation:High
Rank:#68Market:TomarCountry:PortugalProperties:178Monthly Revenue:$1121.25Daily Rate (ADR):$138.09Occupancy:35.28%Regulation:High
Rank:#69Market:LouresCountry:PortugalProperties:177Monthly Revenue:$1310.34Daily Rate (ADR):$113.25Occupancy:43.57%Regulation:High
Rank:#70Market:PalmelaCountry:PortugalProperties:175Monthly Revenue:$1543.48Daily Rate (ADR):$236.03Occupancy:34.33%Regulation:High
Rank:#71Market:SilvesCountry:PortugalProperties:172Monthly Revenue:$2310.00Daily Rate (ADR):$243.15Occupancy:44.36%Regulation:High
Rank:#72Market:LeiriaCountry:PortugalProperties:172Monthly Revenue:$922.98Daily Rate (ADR):$137.88Occupancy:34.19%Regulation:High
Rank:#73Market:Porto MonizCountry:PortugalProperties:166Monthly Revenue:$2045.19Daily Rate (ADR):$135.89Occupancy:57.18%Regulation:High
Rank:#74Market:Porto SantoCountry:PortugalProperties:166Monthly Revenue:$2244.26Daily Rate (ADR):$227.87Occupancy:40.68%Regulation:High
Rank:#75Market:AmadoraCountry:PortugalProperties:165Monthly Revenue:$1043.53Daily Rate (ADR):$81.67Occupancy:52.06%Regulation:High
Rank:#76Market:OvarCountry:PortugalProperties:161Monthly Revenue:$968.93Daily Rate (ADR):$118.55Occupancy:35.24%Regulation:High
Rank:#77Market:AmaranteCountry:PortugalProperties:159Monthly Revenue:$1167.41Daily Rate (ADR):$165.82Occupancy:32.19%Regulation:High
Rank:#78Market:SantanaCountry:PortugalProperties:152Monthly Revenue:$1947.83Daily Rate (ADR):$160.73Occupancy:54.64%Regulation:High
Rank:#79Market:Peso da RéguaCountry:PortugalProperties:142Monthly Revenue:$1563.96Daily Rate (ADR):$194.97Occupancy:32.26%Regulation:High
Rank:#80Market:Estômbar e ParchalCountry:PortugalProperties:136Monthly Revenue:$1677.25Daily Rate (ADR):$250.30Occupancy:38.56%Regulation:High
Rank:#81Market:MadalenaCountry:PortugalProperties:134Monthly Revenue:$1508.02Daily Rate (ADR):$149.17Occupancy:44.65%Regulation:High
Rank:#82Market:BarcelosCountry:PortugalProperties:131Monthly Revenue:$1327.21Daily Rate (ADR):$198.12Occupancy:33.17%Regulation:High
Rank:#83Market:Reguengos de MonsarazCountry:PortugalProperties:131Monthly Revenue:$1086.42Daily Rate (ADR):$148.13Occupancy:29.92%Regulation:High
Rank:#84Market:Câmara de LobosCountry:PortugalProperties:129Monthly Revenue:$3701.35Daily Rate (ADR):$227.50Occupancy:61.09%Regulation:High
Rank:#85Market:OurémCountry:PortugalProperties:127Monthly Revenue:$1175.88Daily Rate (ADR):$142.69Occupancy:35.99%Regulation:High
Rank:#86Market:GondomarCountry:PortugalProperties:125Monthly Revenue:$1704.77Daily Rate (ADR):$189.38Occupancy:39.51%Regulation:High
Rank:#87Market:CovilhãCountry:PortugalProperties:124Monthly Revenue:$1127.95Daily Rate (ADR):$157.18Occupancy:31.42%Regulation:High
Rank:#88Market:EspinhoCountry:PortugalProperties:123Monthly Revenue:$832.46Daily Rate (ADR):$119.70Occupancy:32.27%Regulation:High
Rank:#89Market:QuelfesCountry:PortugalProperties:121Monthly Revenue:$1393.04Daily Rate (ADR):$178.94Occupancy:41.55%Regulation:High
Rank:#90Market:São Brás de AlportelCountry:PortugalProperties:121Monthly Revenue:$2312.95Daily Rate (ADR):$276.80Occupancy:41.99%Regulation:High
Rank:#91Market:PenafielCountry:PortugalProperties:116Monthly Revenue:$1506.75Daily Rate (ADR):$229.13Occupancy:33.67%Regulation:High
Rank:#92Market:BragançaCountry:PortugalProperties:115Monthly Revenue:$700.83Daily Rate (ADR):$108.84Occupancy:29.71%Regulation:High
Rank:#93Market:SinesCountry:PortugalProperties:112Monthly Revenue:$1569.29Daily Rate (ADR):$188.06Occupancy:40.86%Regulation:High
Rank:#94Market:ComportaCountry:PortugalProperties:106Monthly Revenue:$3766.51Daily Rate (ADR):$421.64Occupancy:39.49%Regulation:High
Rank:#95Market:MonchiqueCountry:PortugalProperties:105Monthly Revenue:$1460.35Daily Rate (ADR):$155.87Occupancy:40.10%Regulation:High
Rank:#96Market:Cabeceiras de BastoCountry:PortugalProperties:102Monthly Revenue:$1230.98Daily Rate (ADR):$182.68Occupancy:34.09%Regulation:High
Rank:#97Market:Vila RealCountry:PortugalProperties:102Monthly Revenue:$948.06Daily Rate (ADR):$143.20Occupancy:32.31%Regulation:High
Rank:#98Market:ViseuCountry:PortugalProperties:102Monthly Revenue:$778.60Daily Rate (ADR):$118.02Occupancy:29.33%Regulation:High
Rank:#99Market:Vila Nova de CerveiraCountry:PortugalProperties:99Monthly Revenue:$975.00Daily Rate (ADR):$222.33Occupancy:27.64%Regulation:High
Rank:#100Market:Celorico de BastoCountry:PortugalProperties:97Monthly Revenue:$1438.89Daily Rate (ADR):$240.51Occupancy:31.91%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.

Access Real-Time Airbnb API

This report is powered by our industry-leading Airbnb Data API, providing direct access to live short-term rental data from global markets like Portugal. Use this data to build powerful analytics tools, discover investment opportunities, and inform your vacation rental strategy.

Get API Access