Buljarica, Montenegro Airbnb Market Data: Revenue, Occupancy & Trends

In a typical year, the average Buljarica listing brings in €2,260 in July, its best month, and €294 in February, its slowest. August runs within 2% of July, so either can come out on top in a given year. The three strongest months bring in 47% of a full year's revenue, where an even calendar would give any three months 25%.

In a typical month, a top-quarter listing earns at least four times as much as a bottom-quarter one.

• Best-in-class properties (top 10%) earn €2,400+ a month, about 3.5 times the typical property.
• Strong performers (top 25%) earn €1,260 or more, roughly €580 a month above the median.
• Typical properties (median) earn about €679 a month.
• Entry-level properties (bottom 25%) earn €308 or less, about 45% of the median.

These are monthly figures for listings active in each month. The annual average above also counts listings that operated for only part of the year, so it runs below twelve times these figures.

Buljarica listings were booked on 40% of the nights they were open over the past year, in line with the Budva Municipality average and in line with the Montenegro average. In a typical year, occupancy swings from 12% in February to 55% in July.

The busiest tenth of listings are booked about 4.8 times as often as the bottom quarter.

• Best-in-class properties (top 10%) are booked 62%+ of open nights, 33 points above the median.
• Strong performers (top 25%) fill 46% or more, roughly three nights a week.
• Typical properties (median) fill about 29% of open nights.
• Entry-level properties (bottom 25%) fill 13% or less, less than one night a week.

The average nightly rate in Buljarica, known as ADR (average daily rate), was €90 over the past year, about 18% below the Budva Municipality and Montenegro averages (both about €110). In a typical year, rates peak in July and August at about €100 and bottom out in April and November at about €73.

The top 10% charge about 2.7 times the rate of the bottom quarter.

• Best-in-class properties (top 10%) charge €135+ a night, about twice the median.
• Strong performers (top 25%) charge €91 or more, about €25 above the median.
• Typical properties (median) charge about €68 a night.
• Entry-level properties (bottom 25%) charge €49 or less, about three-quarters of the median.

What Is the RevPAR for Airbnb in Buljarica?

RevPAR, or revenue per available night, divides a listing's income by every night it was open to book, so it rises with both price and bookings. In Buljarica it averaged €45 over the past year, from about €11 in a typical February to about €73 in a typical July.

Per open night, by tier:

• Best-in-class properties (top 10%) earn €87+ per open night, about 2.5 times the median.
• Strong performers (top 25%) earn €52 or more, about €18 a night above the median.
• Typical properties (median) earn about €34 per open night.
• Entry-level properties (bottom 25%) earn €17 or less, about half of the median.

Buljarica has one high season, May through September, which makes it a highly seasonal market. Business is slowest from November to March. A listing earns about 5.3 times as much a month in June through August as in December through February.

How Far in Advance Do Guests Book Airbnb in Buljarica?

Guests book Buljarica stays 64 days ahead on average (about two months), so guests here plan well ahead. January stays are booked furthest out, about 80 days ahead, and February stays closest to arrival, about 10 days. A typical January booking is made in late October.

None of the 70 active listings in Buljarica display a registration, permit or license number. That doesn't mean no rules apply: some places don't ask hosts to show a number on the listing, and listing data doesn't capture every scheme.

Registration, permit, zoning and tourist-tax rules vary by address and change often, so confirm them with the local authority before buying or listing in Buljarica.