Bottom line
Lisbon and Porto score similarly on the metrics that matter most for short-term rental returns. The right pick depends on whether you optimise for yield (lower regulation risk, higher RevPAR) or capital growth.
Head-to-head metrics
| Lisbon | Porto | |
|---|---|---|
| Median occupancy | 30% | 30% |
| Median daily rate | $85.32 | $66.96 |
| Median RevPAR | $21.28 | $16.31 |
| Active listings | 18,499 | 11,281 |
| YoY occupancy | +0.4 pts | +3.7 pts |
| YoY daily rate | -8.1% | -4.6% |
| Regulation risk | high | high |
| Annual night cap | None | None |
| License required | Yes | Yes |
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