Arraiolos

As of June 2026, Évora, Monsaraz, Estremoz have 1,177 active Airbnb and VRBO listings. This represents a 6% decrease from the previous year.

The average Airbnb or VRBO in Évora generates €15K per year. High-performing properties earn €36K/year, while low-performing properties earn €5K/year. The substantial revenue spread suggests that market performance is highly segmented, where top-tier listings capture disproportionate demand despite a 6% contraction in total supply.

Airbnb and VRBO can be profitable in Évora. Average annual revenue is €15K with 29% occupancy. High-performing properties earn up to €36K/year. The 29% occupancy rate alongside declining revenue metrics indicates a market currently struggling to absorb existing capacity, favoring operators who can secure premium positioning.

The average occupancy rate for Airbnbs and VRBOs in Évora is 29%. This occupancy level, combined with an average nightly rate of €154, results in a RevPAR (revenue per available room) of €29 per day.

4+ bedroom properties demonstrate the strongest performance in Évora, with annual revenue of €31K. These properties balance operating costs and rental demand most effectively in the Évora market. Property performance varies significantly by location, amenities, and management quality.

Short-term rental regulations vary by jurisdiction in the Évora area. Évora: Moderate. AL (Alojamento Local) registration required with tourism authority, liability insurance mandatory. Standard Portuguese STR rules apply. Moderate enforcement in historic center. Monsaraz: Lenient. AL registration technically required but minimal oversight in small village. Light enforcement, many operate informally given tourism focus. Estremoz: Lenient. AL registration required, basic safety standards. Light enforcement outside peak season, tourism-friendly approach in practice. Always verify current regulations with local authorities and obtain necessary permits before operating a short-term rental.

The Évora Airbnb and VRBO market is currently showing balanced conditions. Supply has declined 6% year-over-year, while RevPAR has decreased 10%. This indicates balanced supply-demand dynamics. The concurrent drop in both supply and revenue suggests that demand contraction is outpacing inventory reduction, leading to a softer overall market environment.

Launch around May, 2-3 months before peak summer season (August peaks). This pre-peak timing lets you build reviews when competition is 19% 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 Évora listings include: Kitchen (94%), Air Conditioning (81%), Tv (78%), Washing Machine (54%), Balcony (48%). Amenities that boost revenue the most include Pool, Hot Tub, Bbq, with Pool properties earning approximately 104% more (€45K/year vs €22K/year).

Monthly estimated revenue per listing in Évora over the last 12 months: May: €797, June: €1K, July: €1K, August: €2K, September: €1K, October: €739, November: €615, December: €869, January: €414, February: €418, March: €601, 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 Évora is €154, up 23% year-over-year. By property size: 1-bedroom properties average €91/night, 2-bedroom properties average €132/night, 3-bedroom properties average €184/night, 4+ bedroom properties average €381/night. Rates peak in December and are lowest in May.

Guests in Évora book an average of 31 days in advance, down 26% from last year. By property size: 1-bedroom: 28 days, 2-bedroom: 30 days, 3-bedroom: 32 days, 4+ bedroom: 37 days. Larger properties tend to have longer booking windows as guests plan group trips further ahead.

Over the past year, supply declined 6%, revenue per listing decreased 10%, occupancy fell 5%, average nightly rates increased 23%, and lead time decreased 26%. This pattern of higher rates paired with lower occupancy and shorter booking windows points to a shift toward impulsive, price-sensitive demand within a shrinking market.

In Évora, Saturday sees the highest booking demand while Monday has the lowest. Nightly rates peak on Saturday and are lowest on Wednesday. Weekends show 35% higher occupancy than weekdays.