Girona vs Menorca: which is better for Airbnb investment? (2026)

Bottom line

Menorca edges ahead of Girona on higher occupancy (11.5% vs 8.2%), stronger RevPAR (£20 vs £16).

Head-to-head metrics

	Girona	Menorca
Median occupancy	8.2%	11.5%
Median daily rate	£140	£152
Median RevPAR	£16	£20
Active listings	14,216	2,875
YoY occupancy	+0 pts	+0 pts
YoY daily rate	+36.9%	+28.3%
Regulation risk	—	—
Annual night cap	None	None
License required	No	No

Full analysis: Girona vs Menorca

On the money side of this comparison — what a listing actually earns against the nights it has available — Menorca finishes narrowly ahead of Girona. Revenue per available night — rate and occupancy combined, the figure that actually reaches an owner — is 28% higher in Menorca: £20 against £16. Across a full year the median Menorca listing grosses £7,390 against £5,783 in Girona. The margin is thin enough that a single strong year in Girona would close it, so treat the ordering as a lean rather than a verdict.

Menorca takes both halves of the yield equation, which is less common than it sounds. It charges more per night — £152 against £140 — and still fills more of the year, 11.5% against 8.2%. A market that leads on price and utilisation at once is normally one where demand has outrun supply, rather than one where hosts are discounting to keep the calendar busy. RevPAR reflects the double advantage at £20 against £16.

That verdict needs a caveat, because Girona is not simply the weaker market of the two. Girona is the deeper market at 14,216 active listings against 2,875, which usually means better comparables going in and a wider buyer pool coming out. Nightly rates are also climbing faster in Girona, +36.9% over the last year against +28.3% in Menorca. If your model leans on that dimension, the ordering above can reasonably flip.

Neither Girona nor Menorca currently has a verified short-term rental regulation record in our register, so the comparison above is a yield comparison only. Regulation is the single largest source of downside in this asset class — an unverified market is an unpriced risk, not an absent one.

The two calendars also behave differently. Girona peaks in August at 60.4% and bottoms in November at 44.4%; Menorca runs from 67.5% in January down to 50.6% in October. Both swing by a similar amount across the year, so neither offers meaningfully steadier cash flow than the other.

Who each suits, then. Girona suits buyers who want a conventional, lightly regulated entry. Menorca answers to the same regulatory profile, so the split between them is operational rather than legal. Every figure above comes from the same Inside Airbnb snapshot pipeline on both sides, dated 2026-09, filtered to listings with at least one booking in the last twelve months. Occupancy medians are drawn from 14,216 active Girona listings and 2,875 in Menorca.

Frequently asked questions

Is Girona or Menorca better for Airbnb investment?

Menorca, on the data we track. It leads on stronger RevPAR (£20 vs £16), higher median annual revenue (£7,390 vs £5,783), and higher occupancy (11.5% vs 8.2%). Girona is not the weak side of this pair, though — it wins on a deeper market (14,216 vs 2,875 active listings).

Which has higher occupancy, Girona or Menorca?

Menorca, at 11.5% median occupancy against 8.2% in Girona — a gap of 3.3 points. That is a real but modest edge; a well-run listing in Girona can close most of it. Over the last twelve months Girona was flat and Menorca was flat, so the gap is closing.

Which has higher nightly rates, Girona or Menorca?

Menorca, at £152 a night against £140 in Girona — roughly 8.5% more. Revenue per available night agrees rather than contradicts: £20 in Menorca against £16, so the rate premium survives contact with the occupancy figures.

Which has stronger year-over-year growth, Girona or Menorca?

Girona, on occupancy: +0 points over the last twelve months against +0 points in Menorca. Nightly rates rose 36.9% in Girona and rose 28.3% in Menorca over the same window. One year of movement is a direction, not a trend — weigh it against the regulation picture before treating it as momentum.

Which is the bigger Airbnb market, Girona or Menorca?

Girona, with 14,216 active listings against 2,875 in Menorca. Size cuts both ways: a deep market gives you comparables, contractors and an exit, while a thinner one means fewer near-identical rivals competing for the same search results.

How much can you earn from an Airbnb in Girona vs Menorca?

Menorca earns more: roughly £7,390 a year for a median listing against £5,783 in Girona. Those are gross booking revenues before cleaning, management, platform fees, furnishing amortisation and tax — budget for a meaningful share of them, and note that a median listing is a median operator, not a good one.

Go deeper on each city

Market guide

Airbnb in Girona →

Occupancy, ADR, neighborhoods, regulation

Market guide

Airbnb in Menorca →

Occupancy, ADR, neighborhoods, regulation

Ready to buy?

Get a full investment report on either city

Property-level financials, stress tests, and an AI verdict — £19 each.

Girona report →Menorca report →

From the same team

Already hosting? Meet HostPal

An AI concierge that answers your guests on WhatsApp 24/7 — in 50+ languages, from your own guidebook and house rules. Emergencies get escalated to you; the WiFi password doesn't. Live in under 10 minutes.

Try HostPal free for 7 days →