Menorca

As of May 2026, Mahón, Ciutadella, Fornells have 1,906 active Airbnb and VRBO listings. This represents a 13% decrease from the previous year.

The average Airbnb or VRBO in Menorca generates €37K per year. High-performing properties earn €103K/year, while low-performing properties earn €16K/year. The massive revenue delta between top and bottom tiers highlights a market where property positioning drastically dictates financial outcomes, even as overall revenue faces a double-digit annual contraction.

Airbnb and VRBO can be profitable in Menorca. Average annual revenue is €37K with 39% occupancy. High-performing properties earn up to €103K/year. While supply has retracted, the revenue disparity suggests that operators are experiencing highly polarized performance levels rather than a uniform market trend.

The average occupancy rate for Airbnbs and VRBOs in Menorca is 39%. This occupancy level, combined with an average nightly rate of €256, results in a RevPAR (revenue per available room) of €52 per day.

4+ bedroom properties demonstrate the strongest performance in Menorca, with annual revenue of €54K. These properties balance operating costs and rental demand most effectively in the Menorca market. Property performance varies significantly by location, amenities, and management quality.

Short-term rental regulations vary by jurisdiction in the Menorca area. Mahón: Moderate. Tourist license (ETV) required from Balearic Government, registration with town hall mandatory. No owner-occupancy rules. Active enforcement with inspections and fines for unlicensed rentals. Ciutadella: Moderate. ETV license required, municipal registration needed. No specific owner-occupancy requirements. Enforcement active, particularly in historic center with periodic inspections. Fornells: Moderate. ETV license mandatory, local registration required. Limited density controls due to small size. Moderate enforcement, though smaller scale means fewer resources for inspections. Always verify current regulations with local authorities and obtain necessary permits before operating a short-term rental.

The Menorca Airbnb and VRBO market is currently showing balanced conditions. Supply has declined 13% year-over-year, while RevPAR has decreased 21%. This indicates balanced supply-demand dynamics. The synchronized decline in both supply and revenue suggests a contraction in total market volume rather than a simple shift in competitive density.

Launch around May, 2-3 months before peak summer season (August peaks). This pre-peak timing lets you build reviews when competition is 42% lower than peak months. Avoid launching during peak season when established listings dominate, or slow months (March-January) when gaining traction is harder.

The most common amenities in Menorca listings include: Kitchen (90%), Washing Machine (89%), Tv (85%), Air Conditioning (81%), Pool (79%). Amenities that boost revenue the most include Washing Machine, Pool, Air Conditioning, with Washing Machine properties earning approximately 44% more (€58K/year vs €40K/year).

Monthly estimated revenue per listing in Menorca over the last 12 months: May: €1K, June: €3K, July: €4K, August: €4K, September: €3K, October: €1K, November: €482, December: €538, January: €111, February: €197, March: €405, April: €2K. 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 Menorca is €256, up 19% year-over-year. By property size: 1-bedroom properties average €132/night, 2-bedroom properties average €175/night, 3-bedroom properties average €302/night, 4+ bedroom properties average €459/night. Rates peak in August and are lowest in January.

Guests in Menorca book an average of 43 days in advance, down 24% from last year. By property size: 1-bedroom: 40 days, 2-bedroom: 40 days, 3-bedroom: 44 days, 4+ bedroom: 47 days. Larger properties tend to have longer booking windows as guests plan group trips further ahead.

Over the past year, the Menorca Airbnb and VRBO market has seen the following changes: supply declined 13%, revenue per listing decreased 21%, occupancy fell 2%, average nightly rates increased 19%, and lead time decreased 24%. These metrics reveal a market shifting toward shorter booking windows and higher price sensitivity, complicating revenue predictability for hosts.

In Menorca, Friday sees the highest booking demand while Monday has the lowest. Nightly rates peak on Friday and are lowest on Thursday.