Lesbos

As of May 2026, Mytilene, Molyvos, Plomari have 715 active Airbnb and VRBO listings. This represents a 6% decrease from the previous year.

The average Airbnb or VRBO in Lesbos generates €10K per year. High-performing properties earn €27K/year, while low-performing properties earn €5K/year. The substantial revenue spread suggests that market performance is heavily polarized, with top-tier assets capturing significantly more value despite a broader contraction in total market earnings.

Airbnb and VRBO can be profitable in Lesbos. Average annual revenue is €10K with 30% occupancy. High-performing properties earn up to €27K/year. This disparity indicates that while base occupancy remains modest, a segment of the market maintains strong appeal, potentially insulating them from the broader 20% revenue decline observed across the region.

The average occupancy rate for Airbnbs and VRBOs in Lesbos is 30%. This occupancy level, combined with an average nightly rate of €108, results in a RevPAR (revenue per available room) of €16 per day.

4+ bedroom properties demonstrate the strongest performance in Lesbos, with annual revenue of €15K. These properties balance operating costs and rental demand most effectively in the Lesbos market. Property performance varies significantly by location, amenities, and management quality.

Short-term rental regulations vary by jurisdiction in the Lesbos area. I don't have reliable current data on short-term rental regulations or enforcement reality for Mytilene, Molyvos, and Plomari specifically. These are smaller municipalities on Lesvos island, Greece, where national registration requirements apply, but local enforcement varies significantly and isn't well-documented in available sources. Always verify current regulations with local authorities and obtain necessary permits before operating a short-term rental.

The Lesbos Airbnb and VRBO market is currently showing balanced conditions. Supply has declined 6% year-over-year, while RevPAR has decreased 20%. This indicates balanced supply-demand dynamics. The simultaneous contraction in both supply and revenue suggests that the market is adjusting to lower demand levels, preventing a more severe erosion of per-listing performance.

Launch around May, 2-3 months before peak summer season (August peaks). This pre-peak timing lets you build reviews when competition is 60% lower than peak months. Avoid launching during peak season when established listings dominate, or slow months (November-January) when gaining traction is harder.

The most common amenities in Lesbos listings include: Kitchen (96%), Air Conditioning (96%), Tv (84%), Washing Machine (78%), Heating (75%). Amenities that boost revenue the most include Pool, Internet, Washing Machine, with Pool properties earning approximately 119% more (€41K/year vs €19K/year).

Monthly estimated revenue per listing in Lesbos over the last 12 months: May: €403, June: €653, July: €1K, August: €1K, September: €708, October: €335, November: €178, December: €206, January: €99, February: €109, March: €233, April: €405. 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 Lesbos is €108, up 23% year-over-year. By property size: 1-bedroom properties average €85/night, 2-bedroom properties average €124/night, 3-bedroom properties average €175/night, 4+ bedroom properties average €253/night. Rates peak in August and are lowest in January.

Guests in Lesbos book an average of 28 days in advance, down 31% from last year. By property size: 1-bedroom: 26 days, 2-bedroom: 31 days, 3-bedroom: 29 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 Lesbos Airbnb and VRBO market has seen the following changes: supply declined 6%, revenue per listing decreased 20%, occupancy fell 8%, average nightly rates increased 23%, and lead time decreased 31%. The shift toward higher nightly rates alongside shorter booking windows points to a market increasingly driven by last-minute, price-sensitive demand.

In Lesbos, Saturday sees the highest booking demand while Monday has the lowest. Nightly rates peak on Wednesday and are lowest on Monday. Weekends show 7% higher occupancy than weekdays.