Bermeo

As of June 2026, Bermeo, Bilbao, Gernika-Lumo have 385 active Airbnb and VRBO listings. This represents a 9% decrease from the previous year.

The average Airbnb or VRBO in Bermeo generates €18K per year. High-performing properties earn €32K/year, while low-performing properties earn €8K/year. Despite supply declining year-over-year, total revenue has fallen faster, indicating demand weakness outpacing reduced competition. The wide performance gap—with top properties earning 4x more than bottom performers at modest 32% occupancy—suggests market stratification where differentiation increasingly determines viability.

Airbnb and VRBO can be profitable in Bermeo. Average annual revenue is €18K with 32% occupancy. High-performing properties earn up to €32K/year. Declining supply and revenue year-over-year suggest a contracting market, while the substantial gap between average and high-performing properties indicates significant performance variance despite relatively modest overall occupancy levels.

The average occupancy rate for Airbnbs and VRBOs in Bermeo is 32%. This occupancy level, combined with an average nightly rate of €145, results in a RevPAR (revenue per available room) of €34 per day.

4+ bedroom properties demonstrate the strongest performance in Bermeo, with annual revenue of €28K. These properties balance operating costs and rental demand most effectively in the Bermeo market. Property performance varies significantly by location, amenities, and management quality.

Short-term rental regulations vary by jurisdiction in the Bermeo area. Bermeo: Strict. Basque Country tourist license (VV/VUT) required, municipal authorization needed. Active enforcement with fines for illegal rentals. Bilbao: Strict. Tourist license mandatory, banned in most residential zones since 2020. Heavy enforcement with significant penalties for non-compliance. Gernika-Lumo: Strict. Basque tourist license required, municipal permits needed. Active enforcement aligned with regional crackdown on illegal vacation rentals. Always verify current regulations with local authorities and obtain necessary permits before operating a short-term rental.

The Bermeo Airbnb and VRBO market is currently showing balanced conditions. Supply has declined 9% year-over-year, while RevPAR has decreased 18%. This indicates balanced supply-demand dynamics. The significant gap between average revenue ($17,749) and high-performing properties ($31,531) suggests considerable performance variance, reflecting competitive differentiation despite the modest 32% occupancy rate.

Launch around May, 2-3 months before peak summer season (August peaks). This pre-peak timing lets you build reviews when competition is 39% lower than peak months. Avoid launching during peak season when established listings dominate, or slow months (November-February) when gaining traction is harder.

The most common amenities in Bermeo listings include: Kitchen (98%), Tv (96%), Washing Machine (92%), Heating (75%), Balcony (47%). Amenities that boost revenue the most include Gym, Washing Machine, Bbq, with Gym properties earning approximately 36% more (€32K/year vs €24K/year).

Monthly estimated revenue per listing in Bermeo over the last 12 months: May: €1K, June: €1K, July: €2K, August: €2K, September: €1K, October: €951, November: €512, December: €773, January: €412, February: €317, March: €778, April: €1K. These figures are based on RevPAR (revenue per available room) multiplied by the number of days in each month.

The overall average nightly rate in Bermeo is €145, up 12% year-over-year. By property size: 1-bedroom properties average €114/night, 2-bedroom properties average €136/night, 3-bedroom properties average €163/night, 4+ bedroom properties average €303/night. Rates peak in August and are lowest in February.

Guests in Bermeo book an average of 32 days in advance, down 33% from last year. By property size: 1-bedroom: 32 days, 2-bedroom: 31 days, 3-bedroom: 34 days, 4+ bedroom: 31 days. Larger properties tend to have longer booking windows as guests plan group trips further ahead.

Over the past year, the Bermeo Airbnb and VRBO market has seen the following changes: supply declined 9%, revenue per listing decreased 18%, occupancy fell 9%, average nightly rates increased 12%, and lead time decreased 33%. Despite rate increases, the steeper revenue decline signals weakening demand outpacing supply reduction, while the significant gap between average ($17,749) and high-performing listings ($31,531) indicates a bifurcated market where differentiation heavily influences performance.

In Bermeo, Saturday sees the highest booking demand while Monday has the lowest. Nightly rates peak on Saturday and are lowest on Monday. Weekends show 27% higher occupancy than weekdays.