Menorca — Airbnb Investment Data
The quiet Balearic — family demand, UNESCO coastline, and the same scarce licences.
Menorca is the calmest of the big three Balearics: a UNESCO biosphere island of family beach resorts (Son Bou, Cala en Bosc), the historic ports of Mahón and Ciutadella, and a shorter but committed summer season dominated by British and Catalan families.
Listing volumes are a fraction of Mallorca’s, which cuts both ways — less competition for guests, but thinner data and a market where individual area selection matters more.
1,336
Tracked Listings
5
Areas Covered
40%
Avg Occupancy
€296
Typical ADR
€118
RevPAR
Occupancy and ADR are observed from live Airbnb calendars across Mar 2026–Feb 2027 (1,336 tracked listings). ADR reflects asking prices; upcoming months show booking pace to date and typically rise as the month approaches.
Highest-scoring Menorca villas
Ranked by BrixfoxScore — real, after-tax net yield from live Airbnb data, not asking-price guesswork.
Detached house in Calle Cap de Favàritx, Son Parc, Es Mercadal
Detached house in Urbanització Serpentona, Cala En Bosch-Serpentona, Ciutadella de Menorca
Detached house in Ub Cala Llonga, Cala Llonga-Sa Mesquida, Maó/Mahón
House in Calle de Sant Antoni, Ciutadella, Ciutadella de Menorca
Detached house in Na Macaret, Es Mercadal
Detached house in Calle de sa Calma, Na Macaret, Es Mercadal
Detached house in Cala Llonga-Sa Mesquida, Maó/Mahón
Detached house in Son Parc, Es Mercadal
Detached house in Port d'Addaia, Es Mercadal
Airbnb Performance by Area in Menorca
Live Airbnb performance by area — occupancy and typical nightly rate from tracked calendars, all property sizes blended.
| Area | Listings | Occupancy | Typical ADR | Est. Monthly Revenue |
|---|---|---|---|---|
| Ciudadela | 529 | 41% | €230 | €3,244 |
| Mahón | 268 | 37% | €380 | €5,325 |
| Fornells | 262 | 40% | €325 | €3,681 |
| Son Bou | 262 | 40% | €285 | €4,508 |
| Es Mercadal | 15 | 50% | €604 | €8,559 |
Booking Pace by Month
Calendar-observed occupancy per month. Upcoming months show bookings already on the calendar and fill further as dates approach.
Performance by Property Size
0 bedrooms
40% occupancy
€302 per night
101 tracked
1 bedroom
41% occupancy
€146 per night
234 tracked
2 bedrooms
41% occupancy
€189 per night
463 tracked
3 bedrooms
40% occupancy
€298 per night
341 tracked
5,483 tourist licences on register · 790 villas for sale
Register rows per municipality against the villas we list there. A licence on the register is a licence at a location on the day the register was read — not a statement about any villa for sale, and not a transfer.
| Municipality | Licences on register | Pinned | Villas for sale | Licences per villa |
|---|---|---|---|---|
| Ciutadella · Menorca | 1,877 | 1,782 | 372 | 5.0 |
| Maó · Menorca | 258 | 258 | 232 | 1.1 |
| Es Mercadal · Menorca | 991 | 991 | 131 | 7.6 |
| Cala Llonga · Menorca | — | — | 37 | — |
| Eivissa · Menorca | — | — | 7 | — |
| Sant Joan · Menorca | — | — | 5 | — |
| Sant Josep · Menorca | — | — | 2 | — |
| Deià · Menorca | — | — | 2 | — |
| Capdepera · Menorca | — | — | 1 | — |
| Sant Antoni · Menorca | — | — | 1 | — |
| SANT LLUÍS · Menorca | 1,094 | 1,094 | 0 | — |
| ALAIOR · Menorca | 974 | 871 | 0 | — |
| ES CASTELL · Menorca | 111 | 81 | 0 | — |
| FERRERIES · Menorca | 102 | 102 | 0 | — |
Sources: the regional registers, last read 13 Nov 2026. “Pinned” counts register rows with a usable coordinate — what the per-villa match can check within 50 m of an exact pin. A dash means the catalogue files that place as a municipality while the register files it under another; the villas are still counted. Whether any licence transfers with a sale is a question for a Spanish lawyer.
Short-Term Rental Rules in Menorca
Licensing is the single biggest factor in Spanish STR underwriting — it determines whether projected income is achievable at all.
New licences
New ETV licences have been under moratorium since February 2022 (extended indefinitely in May 2024). A limited CBAT allocation of 654 new tourist places opened in September 2025 — the first since the freeze.
When you buy
The licence attaches to the property and transfers with the sale, provided the deed expressly includes a transfer clause and the island council (Consell Insular) approves it within 60 days.
Buyer checkpoint
Buying a villa with an existing, transferable ETV is effectively the only reliable route into Balearic STR. Verify the licence number, plaza count, and that the deed includes the transfer clause before exchange.
National registry (all of Spain)
Since 1 July 2025 every short-term rental in Spain must hold a national registration number (NRA) from the Registro Único (Royal Decree 1312/2024). Platforms like Airbnb must delist properties without one within 48 hours. The NRA sits on top of each region’s own licence regime — you need both.
Regulation overview only, current as of June 2026 — not legal advice. Verify with a local lawyer before purchase.
Frequently Asked Questions
Is Menorca a good Airbnb investment compared to Mallorca?
It is a smaller, more seasonal market with lower entry prices and less licensed competition. Mallorca offers deeper demand and a longer season; Menorca suits buyers prioritising entry price and lifestyle with a credible summer rental.
Do Balearic licence rules apply in Menorca?
Yes — the ETV regime and the moratorium on new licences apply across all four Balearic islands, so buying with a transferable licence is just as critical here.