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

Source: AirROI

Last updated: 2025-09-01

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:12,734Monthly Revenue:$2347.60Daily Rate (ADR):$157.85Occupancy:54.90%Regulation:Low
Rank:#2Market:PortoCountry:PortugalProperties:8,306Monthly Revenue:$1812.57Daily Rate (ADR):$132.23Occupancy:51.23%Regulation:Low
Rank:#3Market:AlbufeiraCountry:PortugalProperties:4,862Monthly Revenue:$2619.45Daily Rate (ADR):$277.65Occupancy:44.87%Regulation:Low
Rank:#4Market:LagosCountry:PortugalProperties:3,472Monthly Revenue:$2093.29Daily Rate (ADR):$186.86Occupancy:49.71%Regulation:Low
Rank:#5Market:LouléCountry:PortugalProperties:2,773Monthly Revenue:$2189.10Daily Rate (ADR):$268.74Occupancy:40.72%Regulation:Low
Rank:#6Market:PortimãoCountry:PortugalProperties:2,446Monthly Revenue:$1470.54Daily Rate (ADR):$172.33Occupancy:42.50%Regulation:Low
Rank:#7Market:FunchalCountry:PortugalProperties:2,250Monthly Revenue:$3818.02Daily Rate (ADR):$233.22Occupancy:60.06%Regulation:Low
Rank:#8Market:CascaisCountry:PortugalProperties:1,688Monthly Revenue:$2146.84Daily Rate (ADR):$206.66Occupancy:45.73%Regulation:Low
Rank:#9Market:TaviraCountry:PortugalProperties:1,500Monthly Revenue:$1454.18Daily Rate (ADR):$171.53Occupancy:41.54%Regulation:Low
Rank:#10Market:Ponta DelgadaCountry:PortugalProperties:1,364Monthly Revenue:$1905.67Daily Rate (ADR):$160.03Occupancy:49.15%Regulation:Low
Rank:#11Market:AlmadaCountry:PortugalProperties:1,240Monthly Revenue:$1720.78Daily Rate (ADR):$160.06Occupancy:45.62%Regulation:Low
Rank:#12Market:SintraCountry:PortugalProperties:1,201Monthly Revenue:$1734.84Daily Rate (ADR):$198.73Occupancy:41.69%Regulation:Low
Rank:#13Market:Vila Nova de GaiaCountry:PortugalProperties:1,123Monthly Revenue:$1762.53Daily Rate (ADR):$145.23Occupancy:49.68%Regulation:Low
Rank:#14Market:AljezurCountry:PortugalProperties:1,119Monthly Revenue:$1524.01Daily Rate (ADR):$164.57Occupancy:43.27%Regulation:Low
Rank:#15Market:Lagoa e CarvoeiroCountry:PortugalProperties:1,090Monthly Revenue:$2480.12Daily Rate (ADR):$251.36Occupancy:47.22%Regulation:Low
Rank:#16Market:FaroCountry:PortugalProperties:1,072Monthly Revenue:$1506.08Daily Rate (ADR):$143.75Occupancy:46.28%Regulation:Low
Rank:#17Market:CalhetaCountry:PortugalProperties:1,047Monthly Revenue:$2820.59Daily Rate (ADR):$195.32Occupancy:57.98%Regulation:Low
Rank:#18Market:PenicheCountry:PortugalProperties:1,031Monthly Revenue:$933.07Daily Rate (ADR):$120.71Occupancy:37.12%Regulation:Low
Rank:#19Market:NazaréCountry:PortugalProperties:1,009Monthly Revenue:$1091.05Daily Rate (ADR):$121.67Occupancy:37.03%Regulation:Low
Rank:#20Market:Vila do BispoCountry:PortugalProperties:1,008Monthly Revenue:$1831.05Daily Rate (ADR):$177.49Occupancy:46.04%Regulation:Low
Rank:#21Market:MafraCountry:PortugalProperties:958Monthly Revenue:$1493.53Daily Rate (ADR):$166.28Occupancy:40.94%Regulation:Low
Rank:#22Market:SesimbraCountry:PortugalProperties:792Monthly Revenue:$1431.50Daily Rate (ADR):$182.60Occupancy:38.51%Regulation:Low
Rank:#23Market:OdemiraCountry:PortugalProperties:729Monthly Revenue:$1059.52Daily Rate (ADR):$133.76Occupancy:35.98%Regulation:Low
Rank:#24Market:BragaCountry:PortugalProperties:621Monthly Revenue:$876.30Daily Rate (ADR):$103.53Occupancy:37.10%Regulation:Low
Rank:#25Market:SetúbalCountry:PortugalProperties:596Monthly Revenue:$1290.93Daily Rate (ADR):$173.43Occupancy:37.48%Regulation:Low
Rank:#26Market:CoimbraCountry:PortugalProperties:540Monthly Revenue:$962.65Daily Rate (ADR):$93.65Occupancy:40.94%Regulation:Low
Rank:#27Market:Santa CruzCountry:PortugalProperties:539Monthly Revenue:$2881.95Daily Rate (ADR):$191.31Occupancy:57.06%Regulation:Low
Rank:#28Market:Armação de PêraCountry:PortugalProperties:536Monthly Revenue:$1622.31Daily Rate (ADR):$192.48Occupancy:42.80%Regulation:Low
Rank:#29Market:OlhãoCountry:PortugalProperties:535Monthly Revenue:$1640.37Daily Rate (ADR):$145.97Occupancy:49.13%Regulation:Low
Rank:#30Market:Viana do CasteloCountry:PortugalProperties:523Monthly Revenue:$1336.25Daily Rate (ADR):$189.59Occupancy:33.46%Regulation:Low
Rank:#31Market:AlcobaçaCountry:PortugalProperties:462Monthly Revenue:$955.70Daily Rate (ADR):$139.01Occupancy:35.30%Regulation:Low
Rank:#32Market:AveiroCountry:PortugalProperties:439Monthly Revenue:$945.00Daily Rate (ADR):$110.85Occupancy:37.00%Regulation:Low
Rank:#33Market:MatosinhosCountry:PortugalProperties:434Monthly Revenue:$1358.88Daily Rate (ADR):$115.87Occupancy:46.28%Regulation:Low
Rank:#34Market:Vila Real de Santo AntónioCountry:PortugalProperties:422Monthly Revenue:$1084.54Daily Rate (ADR):$148.14Occupancy:37.97%Regulation:Low
Rank:#35Market:ÓbidosCountry:PortugalProperties:415Monthly Revenue:$1250.34Daily Rate (ADR):$211.14Occupancy:32.44%Regulation:Low
Rank:#36Market:PorchesCountry:PortugalProperties:375Monthly Revenue:$1735.94Daily Rate (ADR):$199.21Occupancy:42.52%Regulation:Low
Rank:#37Market:CaminhaCountry:PortugalProperties:366Monthly Revenue:$883.18Daily Rate (ADR):$186.06Occupancy:30.00%Regulation:Low
Rank:#38Market:Caldas da RainhaCountry:PortugalProperties:356Monthly Revenue:$1275.91Daily Rate (ADR):$179.56Occupancy:37.14%Regulation:Low
Rank:#39Market:OeirasCountry:PortugalProperties:354Monthly Revenue:$1775.11Daily Rate (ADR):$143.14Occupancy:50.88%Regulation:Low
Rank:#40Market:EsposendeCountry:PortugalProperties:348Monthly Revenue:$1091.49Daily Rate (ADR):$182.41Occupancy:35.59%Regulation:Low
Rank:#41Market:GrândolaCountry:PortugalProperties:348Monthly Revenue:$2266.79Daily Rate (ADR):$398.69Occupancy:30.52%Regulation:Low
Rank:#42Market:Ponte de LimaCountry:PortugalProperties:340Monthly Revenue:$993.16Daily Rate (ADR):$206.87Occupancy:27.98%Regulation:Low
Rank:#43Market:Moncarapacho e FusetaCountry:PortugalProperties:325Monthly Revenue:$1457.03Daily Rate (ADR):$160.01Occupancy:43.39%Regulation:Low
Rank:#44Market:Figueira da FozCountry:PortugalProperties:318Monthly Revenue:$807.56Daily Rate (ADR):$130.12Occupancy:32.74%Regulation:Low
Rank:#45Market:Ponta do SolCountry:PortugalProperties:316Monthly Revenue:$3234.94Daily Rate (ADR):$181.90Occupancy:63.82%Regulation:Low
Rank:#46Market:Terras de BouroCountry:PortugalProperties:295Monthly Revenue:$1110.94Daily Rate (ADR):$166.79Occupancy:30.96%Regulation:Low
Rank:#47Market:GuimarãesCountry:PortugalProperties:288Monthly Revenue:$1082.69Daily Rate (ADR):$156.66Occupancy:35.36%Regulation:Low
Rank:#48Market:Santiago do CacémCountry:PortugalProperties:282Monthly Revenue:$1236.65Daily Rate (ADR):$201.34Occupancy:30.95%Regulation:Low
Rank:#49Market:São VicenteCountry:PortugalProperties:278Monthly Revenue:$2526.39Daily Rate (ADR):$145.96Occupancy:62.12%Regulation:Low
Rank:#50Market:Vila do CondeCountry:PortugalProperties:275Monthly Revenue:$1236.30Daily Rate (ADR):$144.82Occupancy:38.92%Regulation:Low
Rank:#51Market:ÉvoraCountry:PortugalProperties:268Monthly Revenue:$1063.05Daily Rate (ADR):$126.13Occupancy:35.83%Regulation:Low
Rank:#52Market:MachicoCountry:PortugalProperties:267Monthly Revenue:$1772.08Daily Rate (ADR):$124.25Occupancy:59.31%Regulation:Low
Rank:#53Market:Arcos de ValdevezCountry:PortugalProperties:254Monthly Revenue:$917.79Daily Rate (ADR):$149.63Occupancy:29.34%Regulation:Low
Rank:#54Market:Torres VedrasCountry:PortugalProperties:253Monthly Revenue:$1224.82Daily Rate (ADR):$159.00Occupancy:34.00%Regulation:Low
Rank:#55Market:Lourinhã e AtalaiaCountry:PortugalProperties:234Monthly Revenue:$1106.95Daily Rate (ADR):$186.24Occupancy:31.06%Regulation:Low
Rank:#56Market:Ribeira BravaCountry:PortugalProperties:232Monthly Revenue:$3299.70Daily Rate (ADR):$191.65Occupancy:61.94%Regulation:Low
Rank:#57Market:São Roque do PicoCountry:PortugalProperties:224Monthly Revenue:$1106.11Daily Rate (ADR):$155.88Occupancy:35.14%Regulation:Low
Rank:#58Market:Póvoa de VarzimCountry:PortugalProperties:217Monthly Revenue:$956.44Daily Rate (ADR):$127.20Occupancy:37.29%Regulation:Low
Rank:#59Market:SeixalCountry:PortugalProperties:217Monthly Revenue:$2012.97Daily Rate (ADR):$198.09Occupancy:41.73%Regulation:Low
Rank:#60Market:Vieira do MinhoCountry:PortugalProperties:214Monthly Revenue:$1181.29Daily Rate (ADR):$208.31Occupancy:32.78%Regulation:Low
Rank:#61Market:FerragudoCountry:PortugalProperties:214Monthly Revenue:$2292.78Daily Rate (ADR):$245.47Occupancy:44.64%Regulation:Low
Rank:#62Market:ÍlhavoCountry:PortugalProperties:213Monthly Revenue:$1125.69Daily Rate (ADR):$137.93Occupancy:36.21%Regulation:Low
Rank:#63Market:Alcantarilha e PêraCountry:PortugalProperties:205Monthly Revenue:$1733.48Daily Rate (ADR):$243.04Occupancy:41.39%Regulation:Low
Rank:#64Market:Castro MarimCountry:PortugalProperties:198Monthly Revenue:$1229.36Daily Rate (ADR):$181.60Occupancy:34.46%Regulation:Low
Rank:#65Market:LouresCountry:PortugalProperties:192Monthly Revenue:$1176.59Daily Rate (ADR):$106.11Occupancy:44.62%Regulation:Low
Rank:#66Market:PovoaçãoCountry:PortugalProperties:191Monthly Revenue:$2085.71Daily Rate (ADR):$175.95Occupancy:48.22%Regulation:Low
Rank:#67Market:TomarCountry:PortugalProperties:190Monthly Revenue:$978.70Daily Rate (ADR):$131.48Occupancy:35.02%Regulation:Low
Rank:#68Market:PalmelaCountry:PortugalProperties:190Monthly Revenue:$1387.22Daily Rate (ADR):$215.70Occupancy:34.40%Regulation:Low
Rank:#69Market:SeiaCountry:PortugalProperties:189Monthly Revenue:$766.98Daily Rate (ADR):$143.20Occupancy:26.32%Regulation:Low
Rank:#70Market:Vila Franca do CampoCountry:PortugalProperties:183Monthly Revenue:$2024.66Daily Rate (ADR):$206.38Occupancy:47.83%Regulation:Low
Rank:#71Market:SilvesCountry:PortugalProperties:180Monthly Revenue:$2095.64Daily Rate (ADR):$228.70Occupancy:44.02%Regulation:Low
Rank:#72Market:LeiriaCountry:PortugalProperties:176Monthly Revenue:$806.40Daily Rate (ADR):$133.40Occupancy:32.59%Regulation:Low
Rank:#73Market:OvarCountry:PortugalProperties:172Monthly Revenue:$867.49Daily Rate (ADR):$116.16Occupancy:35.00%Regulation:Low
Rank:#74Market:AmadoraCountry:PortugalProperties:171Monthly Revenue:$972.05Daily Rate (ADR):$75.70Occupancy:52.98%Regulation:Low
Rank:#75Market:Porto MonizCountry:PortugalProperties:169Monthly Revenue:$1833.10Daily Rate (ADR):$125.86Occupancy:57.88%Regulation:Low
Rank:#76Market:Porto SantoCountry:PortugalProperties:168Monthly Revenue:$1929.73Daily Rate (ADR):$217.83Occupancy:40.99%Regulation:Low
Rank:#77Market:AmaranteCountry:PortugalProperties:164Monthly Revenue:$1084.07Daily Rate (ADR):$158.98Occupancy:32.34%Regulation:Low
Rank:#78Market:SantanaCountry:PortugalProperties:158Monthly Revenue:$1851.58Daily Rate (ADR):$146.78Occupancy:55.90%Regulation:Low
Rank:#79Market:Estômbar e ParchalCountry:PortugalProperties:147Monthly Revenue:$1548.13Daily Rate (ADR):$245.92Occupancy:38.45%Regulation:Low
Rank:#80Market:Peso da RéguaCountry:PortugalProperties:140Monthly Revenue:$1404.84Daily Rate (ADR):$186.27Occupancy:31.41%Regulation:Low
Rank:#81Market:Reguengos de MonsarazCountry:PortugalProperties:139Monthly Revenue:$1000.57Daily Rate (ADR):$137.75Occupancy:32.10%Regulation:Low
Rank:#82Market:MadalenaCountry:PortugalProperties:137Monthly Revenue:$1363.52Daily Rate (ADR):$140.85Occupancy:42.84%Regulation:Low
Rank:#83Market:OurémCountry:PortugalProperties:132Monthly Revenue:$1061.62Daily Rate (ADR):$135.30Occupancy:34.90%Regulation:Low
Rank:#84Market:CovilhãCountry:PortugalProperties:129Monthly Revenue:$1010.62Daily Rate (ADR):$150.01Occupancy:30.21%Regulation:Low
Rank:#85Market:QuelfesCountry:PortugalProperties:129Monthly Revenue:$1328.44Daily Rate (ADR):$167.07Occupancy:42.14%Regulation:Low
Rank:#86Market:Câmara de LobosCountry:PortugalProperties:129Monthly Revenue:$3412.33Daily Rate (ADR):$214.48Occupancy:61.07%Regulation:Low
Rank:#87Market:GondomarCountry:PortugalProperties:128Monthly Revenue:$1486.69Daily Rate (ADR):$178.52Occupancy:39.17%Regulation:Low
Rank:#88Market:BarcelosCountry:PortugalProperties:126Monthly Revenue:$1184.50Daily Rate (ADR):$184.98Occupancy:33.16%Regulation:Low
Rank:#89Market:São Brás de AlportelCountry:PortugalProperties:123Monthly Revenue:$2241.32Daily Rate (ADR):$266.33Occupancy:42.34%Regulation:Low
Rank:#90Market:EspinhoCountry:PortugalProperties:120Monthly Revenue:$772.41Daily Rate (ADR):$112.86Occupancy:32.48%Regulation:Low
Rank:#91Market:PenafielCountry:PortugalProperties:118Monthly Revenue:$1388.34Daily Rate (ADR):$221.93Occupancy:32.44%Regulation:Low
Rank:#92Market:SinesCountry:PortugalProperties:116Monthly Revenue:$1405.84Daily Rate (ADR):$179.73Occupancy:39.63%Regulation:Low
Rank:#93Market:BragançaCountry:PortugalProperties:115Monthly Revenue:$641.84Daily Rate (ADR):$104.29Occupancy:29.24%Regulation:Low
Rank:#94Market:MonchiqueCountry:PortugalProperties:108Monthly Revenue:$1322.23Daily Rate (ADR):$148.55Occupancy:40.09%Regulation:Low
Rank:#95Market:ComportaCountry:PortugalProperties:107Monthly Revenue:$3335.06Daily Rate (ADR):$412.48Occupancy:37.72%Regulation:Low
Rank:#96Market:Cabeceiras de BastoCountry:PortugalProperties:105Monthly Revenue:$1055.04Daily Rate (ADR):$178.68Occupancy:32.05%Regulation:Low
Rank:#97Market:ViseuCountry:PortugalProperties:104Monthly Revenue:$694.68Daily Rate (ADR):$112.47Occupancy:29.02%Regulation:Low
Rank:#98Market:Vila RealCountry:PortugalProperties:102Monthly Revenue:$871.19Daily Rate (ADR):$135.58Occupancy:31.40%Regulation:Low
Rank:#99Market:Ponte da BarcaCountry:PortugalProperties:101Monthly Revenue:$805.98Daily Rate (ADR):$130.47Occupancy:33.26%Regulation:Low
Rank:#100Market:Celorico de BastoCountry:PortugalProperties:99Monthly Revenue:$1258.05Daily Rate (ADR):$231.97Occupancy:30.97%Regulation:Low

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.

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