Side-by-side comparison

Menorca vs Valencia: which is better for Airbnb investment?

We compare the Spain short-term rental markets across occupancy, daily rate, RevPAR, year-over-year trend, and regulation.

Bottom line

Menorca and Valencia 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

 MenorcaValencia
Median occupancy30%30%
Median daily rate£118£87
Median RevPAR£16£20
Active listings2,8046,234
YoY occupancy+16.8 pts
YoY daily rate+10.3%
Regulation risk
Annual night capNoneNone
License requiredNoNo

Full analysis: Menorca vs Valencia

There is no clean winner between Menorca and Valencia. Menorca posts 30% occupancy and £16 RevPAR; Valencia posts 30% occupancy and £20 RevPAR. Weighted together with regulation risk the two finish inside the margin we are willing to call, which is the honest answer rather than an evasive one — a scoring gap this small would flip on the next data refresh. When markets are this close the decision stops being about the market and starts being about the deal: what you pay, what it costs to run, and how quickly you could exit.

Menorca takes both halves of the yield equation, which is less common than it sounds. It charges more per night — £118 against £87 — and still fills more of the year, 30% against 30%. 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.

A tie does not mean the two are interchangeable — it means each holds something the other does not. Menorca's calendar is the flatter of the two — 18.5 points between its best and worst month against 27.7 in Valencia — which makes debt service easier to underwrite. Across a full year the median Valencia listing grosses £7,451 against £5,676 in Menorca. Pick the one whose advantage matches how you intend to operate, because the composite score will not do that job for you.

Neither Menorca nor Valencia 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. Menorca peaks in January at 65.9% and bottoms in May at 47.4%; Valencia runs from 64.4% in September down to 36.7% in November. Menorca is the steadier of the two at 18.5 points peak-to-trough against 27.7 — easier to underwrite against a mortgage — while Valencia concentrates its return into a shorter window and rewards operators who price the peak aggressively instead of holding a flat rate all year.

Who each suits, then. Menorca suits buyers who want a conventional, lightly regulated entry and who can hold rate through the shoulder season rather than discounting to fill the calendar. Valencia answers to the same regulatory profile, so the split between them is operational rather than legal: it is the market for an owner whose economics survive high turnover — more bookings, more cleans, more guest contact per pound of revenue. Every figure above comes from the same Inside Airbnb snapshot pipeline on both sides, dated 2025-09, filtered to listings with at least one booking in the last twelve months. Occupancy medians are drawn from 2,310 active Menorca listings and 3,224 in Valencia.

Frequently asked questions

Is Menorca or Valencia better for Airbnb investment?
Neither pulls clearly ahead. Menorca runs 30% occupancy and £118 a night; Valencia runs 30% occupancy and £87 a night. Once occupancy, revenue per available night and regulation risk are weighted together the two finish within a couple of points of each other, so the decision turns on purchase price, how far you are willing to travel, and which rulebook you would rather work under.
Which has higher occupancy, Menorca or Valencia?
Effectively neither — they are level. Menorca sits at 30% and Valencia at 30%, a 0-point difference that is inside the noise of a median drawn from a listings snapshot.
Which has higher nightly rates, Menorca or Valencia?
Menorca, at £118 a night against £87 in Valencia — roughly 36.3% more. The nightly rate is not the whole story, though. On revenue per available night — rate multiplied by how often the room actually sells — Valencia comes out ahead at £20 against £16, so Valencia's cheaper nights are more than repaid by how often they fill.
Which has stronger year-over-year growth, Menorca or Valencia?
We can only measure one side, so this comparison stays open. Menorca moved +16.8 points on occupancy year over year. Valencia lacks a comparable snapshot from roughly twelve months earlier, and we would rather leave the cell empty than compare against a mismatched date.
Which is the bigger Airbnb market, Menorca or Valencia?
Valencia, with 6,234 active listings against 2,804 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 Menorca vs Valencia?
Valencia earns more: roughly £7,451 a year for a median listing against £5,676 in Menorca. 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 Menorca
Occupancy, ADR, neighborhoods, regulation
Market guide
Airbnb in Valencia
Occupancy, ADR, neighborhoods, regulation
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