Corfu

As of May 2026, Corfu, Paxos, Parga have 4,349 active Airbnb and VRBO listings. This represents a 13% decrease from the previous year.

The average Airbnb or VRBO in Corfu generates €23K per year. High-performing properties earn €73K/year, while low-performing properties earn €11K/year. The massive earnings gap suggests that revenue is heavily concentrated in a top-tier segment, leaving most properties to struggle in a market currently experiencing a 29% decline in average revenue.

Airbnb and VRBO can be profitable in Corfu. Average annual revenue is €23K with 36% occupancy. High-performing properties earn up to €73K/year. While the top earners demonstrate viable yield potential, the 36% average occupancy reflects a highly seasonal market where most inventory faces significant under-utilization.

The average occupancy rate for Airbnbs and VRBOs in Corfu is 36%. This occupancy level, combined with an average nightly rate of €167, results in a RevPAR (revenue per available room) of €32 per day.

4+ bedroom properties demonstrate the strongest performance in Corfu, with annual revenue of €56K. These properties balance operating costs and rental demand most effectively in the Corfu market. Property performance varies significantly by location, amenities, and management quality.

Short-term rental regulations vary by jurisdiction in the Corfu area. Corfu: Moderate. Property registration number required, tax registration, tourism business registry. Standard Greek STR rules apply. Moderate enforcement in tourist areas, lighter in rural zones. Paxos: Lenient. Registration number and tax compliance required but minimal oversight. Small island with limited enforcement capacity. Most hosts operate informally. Parga: Moderate. Registration and tax requirements apply. Seasonal enforcement during peak tourism. Compliance varies, moderate oversight in town center. Always verify current regulations with local authorities and obtain necessary permits before operating a short-term rental.

The Corfu Airbnb and VRBO market is currently showing balanced conditions. Supply has declined 13% year-over-year, while RevPAR has decreased 29%. This indicates balanced supply-demand dynamics. The simultaneous drop in supply and revenue suggests that the market is correcting for lower demand rather than experiencing a competitive squeeze.

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 (December-January) when gaining traction is harder.

The most common amenities in Corfu listings include: Air Conditioning (98%), Kitchen (94%), Tv (84%), Balcony (69%), Washing Machine (68%). Amenities that boost revenue the most include Pool, Washing Machine, Bbq, with Pool properties earning approximately 146% more (€61K/year vs €25K/year).

Monthly estimated revenue per listing in Corfu over the last 12 months: May: €897, June: €2K, July: €2K, August: €2K, September: €2K, October: €906, November: €196, December: €150, January: €53, February: €89, March: €255, 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 Corfu is €167, up 6% year-over-year. By property size: 1-bedroom properties average €102/night, 2-bedroom properties average €150/night, 3-bedroom properties average €271/night, 4+ bedroom properties average €610/night. Rates peak in August and are lowest in February.

Guests in Corfu book an average of 33 days in advance, down 31% from last year. By property size: 1-bedroom: 31 days, 2-bedroom: 34 days, 3-bedroom: 37 days, 4+ bedroom: 39 days. Larger properties tend to have longer booking windows as guests plan group trips further ahead.

Over the past year, the Corfu Airbnb and VRBO market has seen the following changes: supply declined 13%, revenue per listing decreased 29%, occupancy fell 1%, average nightly rates increased 6%, and lead time decreased 31%. Shortened lead times alongside rising rates indicate a shift toward more reactive, last-minute consumer behavior in a tightening revenue environment.

In Corfu, Saturday sees the highest booking demand while Monday has the lowest. Nightly rates peak on Friday and are lowest on Sunday.