Airbnb Market Analytics, Statistics and Data in Monchique, Faro, Portugal
Last updated: 2025-01-31
Looking to make more money with hosting or rental arbitraging Airbnbs, short-term rentals, vacation rentals in Monchique? 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 Monchique:
How much do Airbnb hosts make on average per month in Monchique?
The short-term rental market in Monchique 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 $1,390 per month
- Strong performing properties (top 25%) make $2,538 or more
- Best-in-class properties (top 10%) achieve $4,420+ monthly
- Entry-level properties (bottom 25%) typically earn around $674
Revenue Variations by Month
Occupancy Rates Throughout the Year in Monchique
The market in Monchique 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 40% occupancy rates
- Strong performing properties (top 25%) achieve 62% or higher
- Best-in-class properties (top 10%) reach 78%+occupancy
- Entry-level properties (bottom 25%) average around 22%
Occupancy Variations by Month
Average Daily Rates Seasonal Trends in Monchique
Daily rates in Monchique 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 $103 per night
- Strong performing properties (top 25%) secure $160 or more
- Best-in-class properties (top 10%) pull in $286+ per night
- Entry-level properties (bottom 25%) earn around $73
Daily Rate Variations by Month
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Seasonality patterns in Monchique
Peak Season (August, May, July)
- Revenue peaks at $3541.78 per month
- Occupancy rates reach 73.33%
- Daily rates average $157.35
Shoulder Season
- Revenue averages $2035.40 per month
- Occupancy maintains 42.86%
- Daily rates hold at $140.75
Low Season (November, December, January)
- Revenue drops to $917.14 per month
- Occupancy decreases to 25.75%
- Daily rates adjust to $127.84
Is it still profitable to do Airbnb in Monchique in 2025?
Yes! Monchique demonstrates highly seasonal trends requiring strategic adaptation, featuring a growing occupancy rate of 43% and solid monthly revenue averaging $2035 and The market's 110 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 Monchique
| Area | Why Choose This Area | Key Attractions |
|---|---|---|
| Monchique Mountain | A serene and picturesque area known for its lush landscapes and stunning views. Ideal for tourists seeking nature, tranquility, and a retreat from the busyness of coastal regions. | Foia Peak, Monchique Village, Caldas de Monchique, Cascata do Barbelote, Cork Oak Forests |
| Foia | The highest point in the Algarve offering breathtaking panoramic views. A popular spot for hiking and outdoor activities, appealing to adventure seekers and nature lovers. | Foia Viewpoint, Rota Vicentina, Hiking Trails, Picnic Areas |
| Monchique Village | A charming village with traditional architecture and a rich history, perfect for cultural tourism. Visitors can explore local crafts, restaurants, and the regional heritage. | Monchique Church, Local Craft Shops, Scenic Streets, Traditional Restaurants |
| Caldas de Monchique | Famous for its thermal springs and wellness retreats. Attracts visitors looking for relaxation and health-oriented experiences amid nature. | Thermal Baths, Wellness Spas, Nature Trails, Historic Spas |
| Cork Oak Forests | Offering unique landscapes and biodiversity, ideal for eco-tourism. Suitable for guests interested in sustainability, wildlife, and forestry. | Cork Harvesting Tours, Wildlife Watching, Photography Opportunities |
| Picota Peak | Another popular hiking destination with routes offering spectacular views of the Algarve coast, attracting hikers and outdoor enthusiasts. | Hiking trails, Stunning Views, Nature Observation |
| Alferce | A small village with a peaceful atmosphere, ideal for travelers looking to escape the crowds. Offers a taste of rural life in the Algarve. | Local Restaurants, Cultural Experiences, Scenic Landscapes |
| Marmelete | A quaint village surrounded by beautiful nature, perfect for those looking for an intimate experience with local culture and nature. | Local Markets, Traditional Festivals, Rural Tourism |
Do you need a license for Airbnb in Monchique?
Yes, Monchique requires a license for operating an Airbnb. Current market data shows 69% of active listings maintain proper licensing, confirming this requirement. Getting licensed is an essential first step before listing your property.
Top Performing Airbnb Properties in Monchique
Villa 'Luar do Algarve' | Nature and Relaxation
Entire Place • 3 bedrooms
Villa Xique 9
Entire Place • 2 bedrooms
Mountainside Villa + Private Pool
Entire Place • 5 bedrooms
Nature-immersed 4 Bedroom Villa - Pool & Sea Views
Entire Place • 4 bedrooms
Casa Corsino | Heated & salt pool | Entire Villa |
Entire Place • 4 bedrooms
Villa Xique 11
Entire Place • 1 bedroom
Top Performing Professional Hosts in Monchique
| Host Name | Properties | Grossing Revenue | Stay Reviews | Avg Rating |
|---|---|---|---|---|
| Lina & Javier | 7 | $153,297 | 459 | 4.83/5.0 |
| Holidu | 2 | $132,409 | 4 | 2.50/5.0 |
| Bernardo E Laura | 2 | $129,513 | 77 | 4.97/5.0 |
| Maria | 3 | $93,569 | 128 | 4.73/5.0 |
| Johann | 2 | $77,933 | 312 | 4.99/5.0 |
| Joao | 7 | $75,855 | 100 | 3.53/5.0 |
| James | 1 | $72,844 | 54 | 4.96/5.0 |
| Megan | 1 | $63,175 | 27 | 4.81/5.0 |
| Algarve Golden Properties | 1 | $62,653 | 7 | 4.57/5.0 |
| Maria Lucinda | 2 | $58,323 | 119 | 4.96/5.0 |
Additional analytics on vacation rental, real estate, short term rental data in Monchique
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 (74.5%), with house and outdoor & mobile properties comprising 73.7% of inventory
- Strong specialty sector (31.8%) combining boutique hotels, unique stays, and outdoor accommodations indicates market maturity and premium opportunities
- Untapped potential in unique stays segments (3.6% combined)
Room Capacity Distribution
Analysis of 110 properties in Monchique shows that 1 bedroom properties are most prevalent, making up 45.5% of the market. The market tends to favor smaller properties, with 1 bedroom and 2 bedrooms together representing 62.7% of all listings.
Key Insights
- Most common: 1 bedroom (45.5%)
- Least common: 5+ bedrooms (5.5%)
- Market concentration: 62.7% in top 2 sizes
- Market skew: Favors smaller properties
Guest Capacity Distribution
Analysis of 110 properties in Monchique reveals that 2 guests properties dominate the market, representing 30.9% of all listings. The average property accommodates 3.8 guests, with a clear trend towards larger guest capacities. Properties accommodating 2 guests and 4 guests make up 49.1% of the market.
Key Insights
- Most common capacity: 2 guests (30.9% of market)
- Least common capacity: 7 guests (0.9% of market)
- Average guest capacity: 3.8 guests per property
- Market concentration: 49.1% in top 2 capacity sizes
- Market segmentation: Predominantly larger guest capacities
Booking and Availability Patterns
Available Days Distribution
Booked Days Distribution
Among 110 properties in Monchique, the most common availability pattern is 271-366 days (42.7% of properties). For actual bookings, properties most frequently secure bookings for 91-180 days (30.9% of properties).
Key Insights
- Most common availability window: 271-366 days (42.7%)
- Most common booking duration: 91-180 days (30.9%)
- Properties with high availability (180+ days): 75.5%
- Properties with long-term bookings (180+ days): 27.3%
Minimum Stay Distributions
1 Night
11 listings
11.8% of total
2 Nights
27 listings
29% of total
3 Nights
27 listings
29% of total
4-6 Nights
19 listings
20.4% of total
7-29 Nights
6 listings
6.5% of total
30+ Nights
3 listings
3.2% of total
Key Insights
- Short stays (1-2 nights) dominate the market at 40.8%
- Mid-length stays (4-6 nights) represent 20.4% of listings
- Monthly+ stays (3.2%) suggest a stable extended-stay market
- High market flexibility with 69.8% 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
6 listings
6.7% of total
Flexible
15 listings
16.7% of total
Moderate
20 listings
22.2% of total
Firm
25 listings
27.8% of total
Strict
24 listings
26.7% of total
Key Insights
- Firm is the preferred policy at 27.8% of listings
- The market shows a balanced distribution between guest-friendly (38.9%) and strict (54.5%) policies
- Strong market consensus around Firm policies
- Super Strict 30 Days policies are least common at 6.7% of listings
Recommendations
- Market supports various policies - choose based on your property type and target guests
- Strong market preference for Firm policies suggests this should be your baseline
Booking Lead Time Trends
Key Insights
- Peak booking lead times occur in May, Jul, Aug, averaging 89 days
- Shortest booking windows are in Feb, Jan, Dec, averaging 40 days
- Summer shows the longest average booking window at 85 days, while Winter has the shortest at 40 days
Recommendations
- Implement dynamic pricing strategies for Summer bookings at least 85 days in advance
- Consider early bird discounts during Winter to encourage longer lead times
- Focus on last-minute booking promotions during Feb-Dec when lead times are shortest
Popular Airbnb Amenities in Monchique
Below is the distribution of amenities across listings in Monchique:
Traveler Demographics
Key Insights
- Domestic travelers make up 8.1% of total guests, indicating a mostly international-driven market.
- Primary international markets: United Kingdom (22.8%) and France (19.8%)
- English is the top language at 46.1%, followed by French (17.1%)
- Notable demographic segment in <=1950s (Pre-1950s (Silent Gen)) at 5.9%
Recommendations
- Target marketing campaigns for Berlin and London markets
- Develop localized content for United Kingdom and France
- 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 Monchique. These nearby markets offer diverse opportunities for property investors and hosts:
| Market | Properties | Monthly Revenue | Daily Rate | Occupancy |
|---|---|---|---|---|
| Comporta | 124 | $3,769 | $482.75 | 41% |
| Albufeira | 4,942 | $2,886 | $309.49 | 46% |
| Lisbon | 11,949 | $2,612 | $158.75 | 58% |
| Grândola | 364 | $2,562 | $385.01 | 35% |
| Ferragudo | 194 | $2,544 | $270.54 | 47% |
| Lagoa e Carvoeiro | 1,045 | $2,476 | $252.37 | 49% |
| Cascais | 1,613 | $2,421 | $203.30 | 49% |
| Seixal | 195 | $2,378 | $206.44 | 47% |
| Loulé | 2,754 | $2,367 | $282.79 | 43% |
| São Brás de Alportel | 112 | $2,330 | $250.10 | 43% |
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