Rent out your house to tourists in Portimão
Renting out to tourists in Portimão is very lucrative. The city has an active rental market with more than 1713 active property owners. The average occupancy rate per year is 58%.
Portimão is a bustling city that is one of the most popular holiday destinations in the Algarve.
It is known for its beautiful beaches, high-quality golf courses and a full range of attractions and facilities. It is also close to Alvor’s river estuary, great for hiking and birdwatching. Portimão is a place for visitors who love to have fun and who enjoy discovering the city’s nightlife and entertainment.
Tip: Do you like to know if renting out to tourists in Portimão is interesting for you?
Best rental prices in Portimão
The rental season starts in Portimão around Easter and continues until the end of October with a huge peak during the summer vacation that lasts 8 weeks. Portimão is a large city where the majority consists of permanent Portuguese residents. Therefore it offers great possibilities to rent out your apartment in the winter months.
We monitor and analyse the performance of all our properties in the Portimão area on Airbnb, Booking.com and HomeAway. With these sales numbers, we can well predict how to best market your accommodation. Don’t lose money by experimenting yourself. Let Rental Valley take care of managing your property and benefit from the maximum possible result.
Our rental team in Portimão
Rental Valley’s rental team takes care of everything. From professional photography, advertising your property, maintenance and repairs, rate-optimizing, 24/7 helpdesk and more. We take away all the hassle so you can earn an effortless income. Click to read more about our property management services in Portimão.
Current laws and regulations for rental in Portimão
Before being able to welcome paying guests in Portimão, you need to register your property as tourist rental accommodation with the local town hall (câmara municipal), to obtain a rental license known as an Alojamento Local. You can do this registration in person or using this link. We have a partnership with a local specialist that can assist you with the process.
If you’re unfamiliar with these procedures (and don’t speak Portuguese), you can save yourself a lot of time and hassle by paying someone to assist.
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Seasonal influences on rental in Portimão
Naturally, a seaside city such as Portimão suffers from fluctuations in income throughout the year. However, Portimão is doing remarkably well in the pre- and post-season in relation to other places by the ocean.
Best performing apartments in Portimão
On average, a property in Portimão offers 1.6 bedrooms with 4.8 guests per booking. The most popular properties are 1-bedroom apartments with a sofa bed in the living room. The price-quality ratio in Portimão is remarkably good due to the large amount and variety of accommodation that is on offer.
Why outsource rental management in Portimão?
It seems easier than ever to rent your holiday home to tourists in Portimão. But competition is growing fast. To reach the top in your segment you need to be active and professional. Nobody likes to be interrupted during a romantic dinner for two. And who enjoys cleaning the same apartment three times per week? With so much to do, it’s unsurprising that many owners decide to put everything in the hands of a management company. Rental Valley takes care of everything so you can enjoy a hassle-free life! With many years of experience in all aspects of top-quality property management, we can assist in optimizing your rental profits in Portimão. Call or email us and let us explain for free and without obligation how we can make renting your property even easier.