Covilha

As of May 2026, Covilhã, Guarda, Fundão have 637 active Airbnb and VRBO listings. This represents a 3% decrease from the previous year.

The average Airbnb or VRBO in Covilha generates €12K per year. High-performing properties earn €30K/year, while low-performing properties earn €5K/year. The significant delta between top-tier and average earners suggests that revenue potential is heavily skewed toward a small segment of the market, reflecting a high disparity in asset performance despite a contraction in total supply.

Airbnb and VRBO can be profitable in Covilha. Average annual revenue is €12K with 25% occupancy. High-performing properties earn up to €30K/year. While the market exhibits a 25% occupancy rate, the revenue gap indicates that profitability remains highly sensitive to specific property positioning rather than broad market demand.

The average occupancy rate for Airbnbs and VRBOs in Covilha is 25%. This occupancy level, combined with an average nightly rate of €129, results in a RevPAR (revenue per available room) of €24 per day.

4+ bedroom properties demonstrate the strongest performance in Covilha, with annual revenue of €22K. These properties balance operating costs and rental demand most effectively in the Covilha market. Property performance varies significantly by location, amenities, and management quality.

Short-term rental regulations vary by jurisdiction in the Covilha area. Covilhã: Lenient. Registration with tourism authority (RNAL) required, basic safety standards. Minimal enforcement, many operate informally without registration. Guarda: Lenient. RNAL registration mandatory, no occupancy restrictions. Light enforcement, compliance spotty in practice. Fundão: Lenient. Tourism registration required, standard lodging rules apply. Minimal active enforcement, informal rentals common. Always verify current regulations with local authorities and obtain necessary permits before operating a short-term rental.

The Covilha Airbnb and VRBO market is currently showing balanced conditions. Supply has declined 3% year-over-year, while RevPAR has decreased 11%. This indicates balanced supply-demand dynamics. The concurrent drop in both metrics points to a cooling environment where reduced supply has not yet effectively propped up per-unit revenue.

Launch around September, 2-3 months before peak winter season (December peaks). This pre-peak timing lets you build reviews when competition is 11% lower than peak months. Avoid launching during peak season when established listings dominate, or slow months (March-October) when gaining traction is harder.

The most common amenities in Covilha listings include: Kitchen (98%), Tv (81%), Air Conditioning (62%), Pets Allowed (59%), Heating (58%). Amenities that boost revenue the most include Pool, Ev Charger, Hot Tub, with Pool properties earning approximately 34% more (€25K/year vs €19K/year).

Monthly estimated revenue per listing in Covilha over the last 12 months: May: €449, June: €622, July: €855, August: €1K, September: €539, October: €420, November: €552, December: €1K, January: €1K, February: €966, March: €553, April: €654. 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 Covilha is €129, up 14% year-over-year. By property size: 1-bedroom properties average €95/night, 2-bedroom properties average €115/night, 3-bedroom properties average €145/night, 4+ bedroom properties average €256/night. Rates peak in December and are lowest in May.

Guests in Covilha book an average of 28 days in advance, down 24% from last year. By property size: 1-bedroom: 27 days, 2-bedroom: 28 days, 3-bedroom: 28 days, 4+ bedroom: 32 days. Larger properties tend to have longer booking windows as guests plan group trips further ahead.

Over the past year, the Covilha Airbnb and VRBO market has seen the following changes: supply declined 3%, revenue per listing decreased 11%, occupancy fell 8%, average nightly rates increased 14%, and lead time decreased 24%. These shifts suggest a market transitioning toward shorter booking windows and higher price sensitivity, where increased nightly rates are failing to offset the decline in overall occupancy.

In Covilha, Saturday sees the highest booking demand while Tuesday has the lowest. Nightly rates peak on Friday and are lowest on Wednesday. Weekends show 46% higher occupancy than weekdays.