Tricase

As of May 2026, Tricase, Santa Maria di Leuca, Otranto, Gallipoli have 6,525 active Airbnb and VRBO listings. This represents a 24% decrease from the previous year.

The average Airbnb or VRBO in Tricase generates €10K per year. High-performing properties earn €46K/year, while low-performing properties earn €5K/year. The massive performance gap suggests that market revenue is heavily concentrated in a small subset of listings, as overall market revenue has contracted by 35% despite a supply reduction.

Airbnb and VRBO can be profitable in Tricase. Average annual revenue is €10K with 21% occupancy. High-performing properties earn up to €46K/year. With occupancy at 21%, the significant revenue variance indicates that top-tier assets are capturing a disproportionate share of limited demand in a shrinking market.

The average occupancy rate for Airbnbs and VRBOs in Tricase is 21%. This occupancy level, combined with an average nightly rate of €165, results in a RevPAR (revenue per available room) of €15 per day.

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

Short-term rental regulations vary by jurisdiction in the Tricase area. Tricase: Moderate. Regional tourist registration (CIN) required, tax collection mandatory. Standard enforcement through spot checks. Santa Maria di Leuca: Moderate. CIN registration required, local tax compliance. Enforcement present but not aggressive. Otranto: Moderate. CIN mandatory, tourist tax collection, safety standards. Regular enforcement during peak season. Gallipoli: Moderate. CIN registration, tax reporting required, building code compliance. Active summer enforcement, lighter off-season. Always verify current regulations with local authorities and obtain necessary permits before operating a short-term rental.

The Tricase Airbnb and VRBO market is currently showing balanced conditions. Supply has declined 24% year-over-year, while RevPAR has decreased 35%. This indicates balanced supply-demand dynamics. The concurrent drop in supply and revenue suggests that demand has likely fallen more sharply than the inventory reduction, putting downward pressure on overall market performance.

Launch around May, 2-3 months before peak summer season (August peaks). This pre-peak timing lets you build reviews when competition is 56% lower than peak months. Avoid launching during peak season when established listings dominate, or slow months (March-February) when gaining traction is harder.

The most common amenities in Tricase listings include: Air Conditioning (94%), Kitchen (85%), Washing Machine (79%), Tv (78%), Balcony (54%). Amenities that boost revenue the most include Pool, Hot Tub, Washing Machine, with Pool properties earning approximately 121% more (€53K/year vs €24K/year).

Monthly estimated revenue per listing in Tricase over the last 12 months: May: €337, June: €605, July: €1K, August: €2K, September: €627, October: €339, November: €159, December: €215, January: €98, February: €78, March: €156, April: €413. 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 Tricase is €165, up 17% year-over-year. By property size: 1-bedroom properties average €110/night, 2-bedroom properties average €143/night, 3-bedroom properties average €211/night, 4+ bedroom properties average €531/night. Rates peak in August and are lowest in February.

Guests in Tricase book an average of 31 days in advance, down 30% from last year. By property size: 1-bedroom: 29 days, 2-bedroom: 31 days, 3-bedroom: 35 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 Tricase Airbnb and VRBO market has seen the following changes: supply declined 24%, revenue per listing decreased 35%, occupancy fell 7%, average nightly rates increased 17%, and lead time decreased 30%. These metrics point to a shift toward last-minute booking behavior and pricing friction, where higher rates are failing to offset the decline in occupancy.

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