Paxos

As of May 2026, Paxos has 333 active Airbnb and VRBO listings. This represents a 14% decrease from the previous year.

The average Airbnb or VRBO in Paxos generates €28K per year. High-performing properties earn €69K/year, while low-performing properties earn €16K/year. This significant delta suggests that market revenue is heavily concentrated among top-tier assets, as the contraction in total market revenue outweighs the reduction in supply.

Airbnb and VRBO can be profitable in Paxos. Average annual revenue is €28K with 39% occupancy. High-performing properties earn up to €69K/year. The variance between average and high performance indicates that competitive success in this market relies on capturing a disproportionate share of limited demand rather than broad market growth.

The average occupancy rate for Airbnbs and VRBOs in Paxos is 39%. This occupancy level, combined with an average nightly rate of €198, results in a RevPAR (revenue per available room) of €31 per day.

4+ bedroom properties demonstrate the strongest performance in Paxos, with annual revenue of €41K. These properties balance operating costs and rental demand most effectively in the Paxos market. Property performance varies significantly by location, amenities, and management quality.

Short-term rental regulations vary by jurisdiction in the Paxos area. I don't have reliable information about short-term rental regulations specifically for Paxos, Greece. The island is small and part of the Ionian Islands region. Greek STR regulations exist at the national level (requiring tax registration), but local enforcement varies widely by island and municipality. Without confirmed data on Paxos's specific rules and enforcement practices, I cannot accurately classify it. I recommend contacting the local municipality (Paxi) directly for current requirements. Always verify current regulations with local authorities and obtain necessary permits before operating a short-term rental.

The Paxos Airbnb and VRBO market is currently showing balanced conditions. Supply has declined 14% year-over-year, while RevPAR has decreased 39%. This indicates balanced supply-demand dynamics. The sharp drop in revenue despite lower competition points to a broader softening in traveler spending power or external demand pressures.

Launch around May, 2-3 months before peak summer season (August peaks). This pre-peak timing lets you build reviews when competition is 46% lower than peak months. Avoid launching during peak season when established listings dominate, or slow months (February-January) when gaining traction is harder.

The most common amenities in Paxos listings include: Air Conditioning (99%), Kitchen (93%), Tv (76%), Balcony (68%), Washing Machine (62%). Amenities that boost revenue the most include Pool, Bbq, Washing Machine, with Pool properties earning approximately 89% more (€52K/year vs €28K/year).

Monthly estimated revenue per listing in Paxos over the last 12 months: May: €848, June: €2K, July: €3K, August: €3K, September: €2K, October: €593, November: €73, December: €119, January: €10, February: €69, March: €90, April: €285. 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 Paxos is €198, up 2% year-over-year. By property size: 1-bedroom properties average €106/night, 2-bedroom properties average €176/night, 3-bedroom properties average €255/night, 4+ bedroom properties average €360/night. Rates peak in August and are lowest in January.

Guests in Paxos book an average of 35 days in advance, down 37% from last year. By property size: 1-bedroom: 35 days, 2-bedroom: 32 days, 3-bedroom: 31 days, 4+ bedroom: 26 days. Larger properties tend to have longer booking windows as guests plan group trips further ahead.

Over the past year, the Paxos Airbnb and VRBO market has seen: supply -14%, revenue -39%, occupancy 0%, rates +2%, and lead time -37%. The combination of shorter booking windows and static occupancy amidst shrinking supply signals a shift toward last-minute, price-sensitive travel patterns that prioritize immediate availability over advance planning.

In Paxos, Saturday sees the highest booking demand while Sunday has the lowest. Nightly rates peak on Saturday and are lowest on Thursday.