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

Source: AirROI

Last updated: 2025-12-01

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:12,879Monthly Revenue:$2405.94Daily Rate (ADR):$163.81Occupancy:54.39%Regulation:High
Rank:#2Market:PortoCountry:PortugalProperties:8,397Monthly Revenue:$1907.05Daily Rate (ADR):$137.98Occupancy:51.32%Regulation:High
Rank:#3Market:AlbufeiraCountry:PortugalProperties:4,894Monthly Revenue:$2990.90Daily Rate (ADR):$291.67Occupancy:45.94%Regulation:High
Rank:#4Market:LagosCountry:PortugalProperties:3,493Monthly Revenue:$2311.72Daily Rate (ADR):$194.91Occupancy:50.66%Regulation:High
Rank:#5Market:LouléCountry:PortugalProperties:2,697Monthly Revenue:$2480.28Daily Rate (ADR):$281.73Occupancy:41.48%Regulation:High
Rank:#6Market:PortimãoCountry:PortugalProperties:2,493Monthly Revenue:$1599.34Daily Rate (ADR):$180.21Occupancy:42.53%Regulation:High
Rank:#7Market:FunchalCountry:PortugalProperties:2,348Monthly Revenue:$4255.15Daily Rate (ADR):$253.76Occupancy:60.57%Regulation:High
Rank:#8Market:CascaisCountry:PortugalProperties:1,593Monthly Revenue:$2384.79Daily Rate (ADR):$218.76Occupancy:46.32%Regulation:High
Rank:#9Market:TaviraCountry:PortugalProperties:1,486Monthly Revenue:$1661.21Daily Rate (ADR):$179.81Occupancy:42.90%Regulation:High
Rank:#10Market:Ponta DelgadaCountry:PortugalProperties:1,350Monthly Revenue:$2109.37Daily Rate (ADR):$169.11Occupancy:49.88%Regulation:High
Rank:#11Market:AlmadaCountry:PortugalProperties:1,197Monthly Revenue:$1866.60Daily Rate (ADR):$167.81Occupancy:45.62%Regulation:High
Rank:#12Market:SintraCountry:PortugalProperties:1,159Monthly Revenue:$1902.07Daily Rate (ADR):$207.59Occupancy:42.04%Regulation:High
Rank:#13Market:Vila Nova de GaiaCountry:PortugalProperties:1,139Monthly Revenue:$1872.28Daily Rate (ADR):$151.73Occupancy:49.87%Regulation:High
Rank:#14Market:AljezurCountry:PortugalProperties:1,113Monthly Revenue:$1724.36Daily Rate (ADR):$172.20Occupancy:44.73%Regulation:High
Rank:#15Market:FaroCountry:PortugalProperties:1,109Monthly Revenue:$1624.66Daily Rate (ADR):$149.46Occupancy:46.92%Regulation:High
Rank:#16Market:Lagoa e CarvoeiroCountry:PortugalProperties:1,051Monthly Revenue:$2762.17Daily Rate (ADR):$258.61Occupancy:48.48%Regulation:High
Rank:#17Market:CalhetaCountry:PortugalProperties:1,037Monthly Revenue:$3132.11Daily Rate (ADR):$202.90Occupancy:59.00%Regulation:High
Rank:#18Market:NazaréCountry:PortugalProperties:1,029Monthly Revenue:$1168.72Daily Rate (ADR):$125.92Occupancy:38.00%Regulation:High
Rank:#19Market:PenicheCountry:PortugalProperties:1,015Monthly Revenue:$1038.57Daily Rate (ADR):$124.07Occupancy:37.85%Regulation:High
Rank:#20Market:Vila do BispoCountry:PortugalProperties:970Monthly Revenue:$2020.21Daily Rate (ADR):$183.68Occupancy:46.65%Regulation:High
Rank:#21Market:MafraCountry:PortugalProperties:888Monthly Revenue:$1713.05Daily Rate (ADR):$176.42Occupancy:42.02%Regulation:High
Rank:#22Market:SesimbraCountry:PortugalProperties:791Monthly Revenue:$1592.95Daily Rate (ADR):$190.89Occupancy:39.34%Regulation:High
Rank:#23Market:OdemiraCountry:PortugalProperties:717Monthly Revenue:$1149.42Daily Rate (ADR):$138.70Occupancy:36.86%Regulation:High
Rank:#24Market:BragaCountry:PortugalProperties:631Monthly Revenue:$937.63Daily Rate (ADR):$108.47Occupancy:37.27%Regulation:High
Rank:#25Market:SetúbalCountry:PortugalProperties:624Monthly Revenue:$1387.72Daily Rate (ADR):$180.95Occupancy:38.50%Regulation:High
Rank:#26Market:Armação de PêraCountry:PortugalProperties:551Monthly Revenue:$1798.96Daily Rate (ADR):$204.60Occupancy:44.55%Regulation:High
Rank:#27Market:CoimbraCountry:PortugalProperties:544Monthly Revenue:$1004.20Daily Rate (ADR):$97.97Occupancy:41.23%Regulation:High
Rank:#28Market:OlhãoCountry:PortugalProperties:532Monthly Revenue:$1853.74Daily Rate (ADR):$155.07Occupancy:49.89%Regulation:High
Rank:#29Market:Santa CruzCountry:PortugalProperties:525Monthly Revenue:$3239.06Daily Rate (ADR):$201.80Occupancy:58.24%Regulation:High
Rank:#30Market:Viana do CasteloCountry:PortugalProperties:522Monthly Revenue:$1491.16Daily Rate (ADR):$198.67Occupancy:35.39%Regulation:High
Rank:#31Market:AlcobaçaCountry:PortugalProperties:452Monthly Revenue:$1049.70Daily Rate (ADR):$144.76Occupancy:36.85%Regulation:High
Rank:#32Market:AveiroCountry:PortugalProperties:433Monthly Revenue:$1028.00Daily Rate (ADR):$116.04Occupancy:38.69%Regulation:High
Rank:#33Market:Vila Real de Santo AntónioCountry:PortugalProperties:423Monthly Revenue:$1227.56Daily Rate (ADR):$157.14Occupancy:39.36%Regulation:High
Rank:#34Market:MatosinhosCountry:PortugalProperties:421Monthly Revenue:$1549.25Daily Rate (ADR):$123.16Occupancy:46.01%Regulation:High
Rank:#35Market:ÓbidosCountry:PortugalProperties:405Monthly Revenue:$1387.37Daily Rate (ADR):$217.76Occupancy:33.12%Regulation:High
Rank:#36Market:PorchesCountry:PortugalProperties:368Monthly Revenue:$1917.96Daily Rate (ADR):$208.72Occupancy:44.23%Regulation:High
Rank:#37Market:CaminhaCountry:PortugalProperties:354Monthly Revenue:$1024.80Daily Rate (ADR):$195.46Occupancy:32.18%Regulation:High
Rank:#38Market:Caldas da RainhaCountry:PortugalProperties:345Monthly Revenue:$1443.14Daily Rate (ADR):$184.68Occupancy:38.18%Regulation:High
Rank:#39Market:GrândolaCountry:PortugalProperties:343Monthly Revenue:$2546.57Daily Rate (ADR):$412.69Occupancy:31.38%Regulation:High
Rank:#40Market:EsposendeCountry:PortugalProperties:340Monthly Revenue:$1237.41Daily Rate (ADR):$185.15Occupancy:37.06%Regulation:High
Rank:#41Market:OeirasCountry:PortugalProperties:340Monthly Revenue:$1919.73Daily Rate (ADR):$150.94Occupancy:51.16%Regulation:High
Rank:#42Market:Ponte de LimaCountry:PortugalProperties:340Monthly Revenue:$1112.49Daily Rate (ADR):$210.87Occupancy:29.50%Regulation:High
Rank:#43Market:Figueira da FozCountry:PortugalProperties:324Monthly Revenue:$881.16Daily Rate (ADR):$132.25Occupancy:33.82%Regulation:High
Rank:#44Market:Ponta do SolCountry:PortugalProperties:320Monthly Revenue:$3513.00Daily Rate (ADR):$190.08Occupancy:64.44%Regulation:High
Rank:#45Market:Moncarapacho e FusetaCountry:PortugalProperties:308Monthly Revenue:$1617.51Daily Rate (ADR):$161.70Occupancy:44.42%Regulation:High
Rank:#46Market:GuimarãesCountry:PortugalProperties:295Monthly Revenue:$1177.96Daily Rate (ADR):$157.84Occupancy:36.63%Regulation:High
Rank:#47Market:Terras de BouroCountry:PortugalProperties:293Monthly Revenue:$1204.07Daily Rate (ADR):$172.83Occupancy:31.17%Regulation:High
Rank:#48Market:São VicenteCountry:PortugalProperties:278Monthly Revenue:$2794.53Daily Rate (ADR):$165.33Occupancy:62.31%Regulation:High
Rank:#49Market:Santiago do CacémCountry:PortugalProperties:278Monthly Revenue:$1434.56Daily Rate (ADR):$210.20Occupancy:32.33%Regulation:High
Rank:#50Market:MachicoCountry:PortugalProperties:268Monthly Revenue:$2026.96Daily Rate (ADR):$131.59Occupancy:61.08%Regulation:High
Rank:#51Market:Vila do CondeCountry:PortugalProperties:261Monthly Revenue:$1445.58Daily Rate (ADR):$149.59Occupancy:40.39%Regulation:High
Rank:#52Market:ÉvoraCountry:PortugalProperties:261Monthly Revenue:$1192.05Daily Rate (ADR):$132.70Occupancy:36.63%Regulation:High
Rank:#53Market:Arcos de ValdevezCountry:PortugalProperties:248Monthly Revenue:$1020.00Daily Rate (ADR):$153.79Occupancy:30.35%Regulation:High
Rank:#54Market:Ribeira BravaCountry:PortugalProperties:247Monthly Revenue:$3550.76Daily Rate (ADR):$199.42Occupancy:63.23%Regulation:High
Rank:#55Market:Torres VedrasCountry:PortugalProperties:245Monthly Revenue:$1339.97Daily Rate (ADR):$155.86Occupancy:34.53%Regulation:High
Rank:#56Market:São Roque do PicoCountry:PortugalProperties:224Monthly Revenue:$1188.34Daily Rate (ADR):$160.65Occupancy:36.69%Regulation:High
Rank:#57Market:Vieira do MinhoCountry:PortugalProperties:220Monthly Revenue:$1285.51Daily Rate (ADR):$210.68Occupancy:34.94%Regulation:High
Rank:#58Market:SeixalCountry:PortugalProperties:218Monthly Revenue:$2186.04Daily Rate (ADR):$209.65Occupancy:42.24%Regulation:High
Rank:#59Market:Lourinhã e AtalaiaCountry:PortugalProperties:216Monthly Revenue:$1271.86Daily Rate (ADR):$187.73Occupancy:33.04%Regulation:High
Rank:#60Market:ÍlhavoCountry:PortugalProperties:213Monthly Revenue:$1252.88Daily Rate (ADR):$141.30Occupancy:38.25%Regulation:High
Rank:#61Market:FerragudoCountry:PortugalProperties:213Monthly Revenue:$2564.13Daily Rate (ADR):$259.60Occupancy:45.54%Regulation:High
Rank:#62Market:Póvoa de VarzimCountry:PortugalProperties:202Monthly Revenue:$1118.46Daily Rate (ADR):$132.75Occupancy:38.46%Regulation:High
Rank:#63Market:Alcantarilha e PêraCountry:PortugalProperties:195Monthly Revenue:$1995.69Daily Rate (ADR):$251.83Occupancy:41.50%Regulation:High
Rank:#64Market:Castro MarimCountry:PortugalProperties:193Monthly Revenue:$1398.86Daily Rate (ADR):$190.38Occupancy:36.25%Regulation:High
Rank:#65Market:PovoaçãoCountry:PortugalProperties:186Monthly Revenue:$2300.08Daily Rate (ADR):$182.70Occupancy:49.96%Regulation:High
Rank:#66Market:Vila Franca do CampoCountry:PortugalProperties:183Monthly Revenue:$2285.60Daily Rate (ADR):$218.03Occupancy:50.05%Regulation:High
Rank:#67Market:SilvesCountry:PortugalProperties:181Monthly Revenue:$2262.36Daily Rate (ADR):$239.12Occupancy:45.31%Regulation:High
Rank:#68Market:SeiaCountry:PortugalProperties:181Monthly Revenue:$845.62Daily Rate (ADR):$147.78Occupancy:27.34%Regulation:High
Rank:#69Market:Porto SantoCountry:PortugalProperties:180Monthly Revenue:$2345.71Daily Rate (ADR):$239.26Occupancy:41.98%Regulation:High
Rank:#70Market:AmadoraCountry:PortugalProperties:175Monthly Revenue:$1010.75Daily Rate (ADR):$79.75Occupancy:52.25%Regulation:High
Rank:#71Market:PalmelaCountry:PortugalProperties:175Monthly Revenue:$1527.12Daily Rate (ADR):$234.17Occupancy:33.75%Regulation:High
Rank:#72Market:LouresCountry:PortugalProperties:173Monthly Revenue:$1301.55Daily Rate (ADR):$105.78Occupancy:44.23%Regulation:High
Rank:#73Market:Porto MonizCountry:PortugalProperties:172Monthly Revenue:$2067.08Daily Rate (ADR):$133.05Occupancy:58.65%Regulation:High
Rank:#74Market:LeiriaCountry:PortugalProperties:171Monthly Revenue:$935.21Daily Rate (ADR):$122.86Occupancy:35.06%Regulation:High
Rank:#75Market:TomarCountry:PortugalProperties:171Monthly Revenue:$1159.36Daily Rate (ADR):$135.10Occupancy:36.81%Regulation:High
Rank:#76Market:OvarCountry:PortugalProperties:163Monthly Revenue:$953.55Daily Rate (ADR):$117.00Occupancy:35.36%Regulation:High
Rank:#77Market:AmaranteCountry:PortugalProperties:157Monthly Revenue:$1187.18Daily Rate (ADR):$162.79Occupancy:32.96%Regulation:High
Rank:#78Market:SantanaCountry:PortugalProperties:156Monthly Revenue:$1906.74Daily Rate (ADR):$158.82Occupancy:54.77%Regulation:High
Rank:#79Market:Peso da RéguaCountry:PortugalProperties:142Monthly Revenue:$1567.11Daily Rate (ADR):$192.51Occupancy:32.74%Regulation:High
Rank:#80Market:Câmara de LobosCountry:PortugalProperties:137Monthly Revenue:$3702.58Daily Rate (ADR):$234.09Occupancy:61.88%Regulation:High
Rank:#81Market:MadalenaCountry:PortugalProperties:136Monthly Revenue:$1558.25Daily Rate (ADR):$152.82Occupancy:44.78%Regulation:High
Rank:#82Market:Estômbar e ParchalCountry:PortugalProperties:134Monthly Revenue:$1727.54Daily Rate (ADR):$248.77Occupancy:39.23%Regulation:High
Rank:#83Market:BarcelosCountry:PortugalProperties:131Monthly Revenue:$1319.55Daily Rate (ADR):$194.91Occupancy:33.70%Regulation:High
Rank:#84Market:OurémCountry:PortugalProperties:128Monthly Revenue:$1152.48Daily Rate (ADR):$140.01Occupancy:36.08%Regulation:High
Rank:#85Market:Reguengos de MonsarazCountry:PortugalProperties:127Monthly Revenue:$1111.63Daily Rate (ADR):$149.04Occupancy:30.71%Regulation:High
Rank:#86Market:CovilhãCountry:PortugalProperties:124Monthly Revenue:$1116.77Daily Rate (ADR):$150.21Occupancy:32.17%Regulation:High
Rank:#87Market:São Brás de AlportelCountry:PortugalProperties:124Monthly Revenue:$2335.00Daily Rate (ADR):$285.38Occupancy:43.09%Regulation:High
Rank:#88Market:EspinhoCountry:PortugalProperties:123Monthly Revenue:$860.33Daily Rate (ADR):$117.54Occupancy:33.63%Regulation:High
Rank:#89Market:QuelfesCountry:PortugalProperties:123Monthly Revenue:$1463.71Daily Rate (ADR):$191.35Occupancy:42.02%Regulation:High
Rank:#90Market:GondomarCountry:PortugalProperties:121Monthly Revenue:$1770.71Daily Rate (ADR):$190.18Occupancy:40.62%Regulation:High
Rank:#91Market:BragançaCountry:PortugalProperties:116Monthly Revenue:$703.05Daily Rate (ADR):$105.63Occupancy:30.30%Regulation:High
Rank:#92Market:SinesCountry:PortugalProperties:115Monthly Revenue:$1649.59Daily Rate (ADR):$187.31Occupancy:41.48%Regulation:High
Rank:#93Market:PenafielCountry:PortugalProperties:113Monthly Revenue:$1533.94Daily Rate (ADR):$229.79Occupancy:34.05%Regulation:High
Rank:#94Market:ComportaCountry:PortugalProperties:109Monthly Revenue:$3929.24Daily Rate (ADR):$433.32Occupancy:40.60%Regulation:High
Rank:#95Market:Vila RealCountry:PortugalProperties:106Monthly Revenue:$898.93Daily Rate (ADR):$137.26Occupancy:32.42%Regulation:High
Rank:#96Market:Cabeceiras de BastoCountry:PortugalProperties:105Monthly Revenue:$1207.98Daily Rate (ADR):$178.74Occupancy:34.44%Regulation:High
Rank:#97Market:MonchiqueCountry:PortugalProperties:104Monthly Revenue:$1458.54Daily Rate (ADR):$153.35Occupancy:40.62%Regulation:High
Rank:#98Market:ViseuCountry:PortugalProperties:102Monthly Revenue:$757.93Daily Rate (ADR):$115.46Occupancy:29.78%Regulation:High
Rank:#99Market:Vila Nova de CerveiraCountry:PortugalProperties:99Monthly Revenue:$950.01Daily Rate (ADR):$220.34Occupancy:27.66%Regulation:High
Rank:#100Market:Celorico de BastoCountry:PortugalProperties:96Monthly Revenue:$1450.00Daily Rate (ADR):$237.62Occupancy:32.45%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.

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