Castelo Branco

As of June 2026, Castelo Branco, Covilhã, Guarda have 471 active Airbnb and VRBO listings. This represents a 9% decrease from the previous year.

The average Airbnb or VRBO in Castelo Branco generates €12K per year. High-performing properties earn €28K/year, while low-performing properties earn €4K/year. The significant spread between top and bottom performers suggests that revenue outcomes are highly sensitive to specific asset positioning within the current contractionary supply cycle.

Airbnb and VRBO can be profitable in Castelo Branco. Average annual revenue is €12K with 30% occupancy. High-performing properties earn up to €28K/year. A 30% average occupancy rate alongside a shrinking supply base indicates a concentrated market where top earners capture the majority of available demand.

The average occupancy rate for Airbnbs and VRBOs in Castelo Branco is 30%. This occupancy level, combined with an average nightly rate of €132, results in a RevPAR (revenue per available room) of €22 per day.

4+ bedroom properties demonstrate the strongest performance in Castelo Branco, with annual revenue of €30K. These properties balance operating costs and rental demand most effectively in the Castelo Branco market. Property performance varies significantly by location, amenities, and management quality.

Short-term rental regulations vary by jurisdiction in the Castelo Branco area. Castelo Branco: Lenient. National registration (AL number) required, but minimal local oversight. Light enforcement, many operate informally. Covilhã: Lenient. AL registration mandatory, basic safety standards. Enforcement minimal, compliance varies widely among hosts. Guarda: Lenient. National AL registration required, no local caps or occupancy rules. Very light enforcement, informal operations common. Always verify current regulations with local authorities and obtain necessary permits before operating a short-term rental.

The Castelo Branco Airbnb and VRBO market is currently showing balanced conditions. Supply has declined 9% year-over-year, while RevPAR has decreased 4%. This indicates balanced supply-demand dynamics. The synchronized downward shift in supply and revenue suggests that the market is shedding underperforming listings while maintaining a stable equilibrium.

Launch around May, 2-3 months before peak summer season (August peaks). This pre-peak timing lets you build reviews when competition is 27% lower than peak months. Avoid launching during peak season when established listings dominate, or slow months (May-November) when gaining traction is harder.

The most common amenities in Castelo Branco listings include: Kitchen (99%), Tv (76%), Air Conditioning (73%), Washing Machine (63%), Balcony (60%). Amenities that boost revenue the most include Hot Tub, Bicycles, Lake Access, with Hot Tub properties earning approximately 93% more (€41K/year vs €21K/year).

Monthly estimated revenue per listing in Castelo Branco over the last 12 months: May: €511, June: €772, July: €913, August: €1K, September: €747, October: €494, November: €388, December: €749, January: €536, February: €533, March: €578, April: €794. 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 Castelo Branco is €132, up 43% year-over-year. By property size: 1-bedroom properties average €79/night, 2-bedroom properties average €104/night, 3-bedroom properties average €148/night, 4+ bedroom properties average €550/night. Rates peak in January and are lowest in May.

Guests in Castelo Branco book an average of 27 days in advance, down 24% from last year. By property size: 1-bedroom: 26 days, 2-bedroom: 28 days, 3-bedroom: 26 days, 4+ bedroom: 30 days. Larger properties tend to have longer booking windows as guests plan group trips further ahead.

Over the past year, the Castelo Branco Airbnb and VRBO market has seen the following changes: supply declined 9%, revenue per listing decreased 4%, occupancy fell 7%, average nightly rates increased 43%, and lead time decreased 24%. The sharp rise in nightly rates despite declining occupancy reflects a shift toward shorter-term, higher-priced booking behavior.

In Castelo Branco, Saturday sees the highest booking demand while Monday has the lowest. Nightly rates peak on Friday and are lowest on Tuesday. Weekends show 27% higher occupancy than weekdays.