What Are the Seasonal Influences on the Property Rental Market and What Can I Expect to Make?
The Algarve’s rental market is highly seasonal, with demand peaking in the summer months. Here’s what you can expect:
- High Season (June to September): This is the most lucrative period, with high demand from international tourists seeking summer holidays. Rental rates are at their highest, and occupancy rates can exceed 90%
- Shoulder Seasons (April to May, October): These months still attract tourists, particularly retirees and families looking for quieter holidays. Rates and demand are lower than in summer but remain profitable
- Low Season (November to March): This period sees reduced tourist numbers, but there is still demand for long-term rentals or short stays from winter visitors, digital nomads, or golfers
What You Can Expect to Earn:
Your earnings depend on factors like property size, location, and amenities. For example:
- A 2-bedroom property in a prime location could generate €15,000–€25,000 annually
- A larger villa with luxury amenities may earn €30,000–€50,000 or more
How Algarve Rental Maximises Your Income:
- Dynamic pricing strategies adjust rates based on demand and seasonality
- Expert marketing ensures high visibility across key platforms
- Flexible rental strategies cater to both short- and long-term stays during low seasons