Manteigas

As of June 2026, Guarda, Covilhã, Viseu have 366 active Airbnb and VRBO listings. This represents a 4% decrease from the previous year.

The average Airbnb or VRBO in Guarda generates €10K per year. High-performing properties earn €27K/year, while low-performing properties earn €4K/year. The wide revenue variance, coupled with a 21% drop in annual earnings, suggests that market demand is increasingly concentrated among a select group of top-tier listings despite contracting supply.

Airbnb and VRBO can be profitable in Guarda. Average annual revenue is €10K with 23% occupancy. High-performing properties earn up to €27K/year. With occupancy at 23% and declining total revenue, the market indicates that profitability is becoming harder to sustain for average assets, favoring properties that capture a larger share of limited demand.

The average occupancy rate for Airbnbs and VRBOs in Guarda is 23%. This occupancy level, combined with an average nightly rate of €138, results in a RevPAR (revenue per available room) of €19 per day.

4+ bedroom properties demonstrate the strongest performance in Guarda, with annual revenue of €20K. These properties balance operating costs and rental demand most effectively in the Guarda market. Property performance varies significantly by location, amenities, and management quality.

Short-term rental regulations vary by jurisdiction in the Guarda area. Guarda: Lenient. Registration with national tourism registry (RNAL) required. No owner-occupancy rules or caps. Minimal enforcement; many operate unregistered. Covilhã: Lenient. RNAL registration mandatory, basic safety standards. No density limits or occupancy requirements. Light enforcement in practice. Viseu: Lenient. National registration (RNAL) required, municipal notification needed. No rental caps or residency rules. Enforcement sporadic; compliance varies. Always verify current regulations with local authorities and obtain necessary permits before operating a short-term rental.

The Guarda Airbnb and VRBO market is currently showing balanced conditions. Supply has declined 4% year-over-year, while RevPAR has decreased 21%. This indicates balanced supply-demand dynamics. Although supply is tightening, the disproportionate decline in revenue points to a shrinking pool of active travelers, suggesting that equilibrium is currently occurring at lower overall market activity levels.

Launch around May, 2-3 months before peak summer season (August peaks). This pre-peak timing lets you build reviews when competition is 21% lower than peak months. Avoid launching during peak season when established listings dominate, or slow months (November-March) when gaining traction is harder.

The most common amenities in Guarda listings include: Kitchen (98%), Tv (79%), Washing Machine (63%), Air Conditioning (62%), Balcony (59%). Amenities that boost revenue the most include Bicycles, Pool, Ev Charger, with Bicycles properties earning approximately 177% more (€55K/year vs €20K/year).

Monthly estimated revenue per listing in Guarda over the last 12 months: May: €571, June: €674, July: €894, August: €1K, September: €638, October: €469, November: €340, December: €742, January: €351, February: €380, March: €320, April: €661. 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 Guarda is €138, up 20% year-over-year. By property size: 1-bedroom properties average €93/night, 2-bedroom properties average €116/night, 3-bedroom properties average €139/night, 4+ bedroom properties average €297/night. Rates peak in December and are lowest in November.

Guests in Guarda book an average of 29 days in advance, down 24% from last year. By property size: 1-bedroom: 29 days, 2-bedroom: 29 days, 3-bedroom: 29 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 Guarda Airbnb and VRBO market has seen the following changes: supply declined 4%, revenue per listing decreased 21%, occupancy fell 11%, average nightly rates increased 20%, and lead time decreased 24%. These metrics show a market shifting toward shorter booking windows and higher price points, likely as hosts attempt to offset lower occupancy through increased nightly rates.

In Guarda, Saturday sees the highest booking demand while Monday has the lowest. Nightly rates peak on Saturday and are lowest on Thursday. Weekends show 30% higher occupancy than weekdays.