If you own a property in Larnaka, or you’re thinking about buying one, the first question is always the same: how much will it actually earn on Airbnb?
We’ve analysed the Larnaka short-term rental market data for 2025, covering over 1,200 active listings and more than 56,000 reservations across the district. Below is what the market actually delivered, broken down by property type, month, and key metrics.
Annual Earnings by Property Type
| Property Type | Annual Revenue | Monthly Avg | Peak Month (Aug) | Lowest Month (Jan) |
| Studio | EUR 13,376 | EUR 1,115 | EUR 1,650 | EUR 557 |
| 1 Bedroom | EUR 15,003 | EUR 1,250 | EUR 1,900 | EUR 590 |
| 2 Bedroom | EUR 20,270 | EUR 1,689 | EUR 2,710 | EUR 750 |
| 3 Bedroom | EUR 26,870 | EUR 2,239 | EUR 3,320 | EUR 1,230 |
These are gross revenue figures; the total income before management fees, cleaning costs, utilities, and platform commissions are deducted. For most owners working with a professional management company, net take-home is typically 55–65% of gross revenue after all costs.
In practical terms:
- A studio owner can expect to net roughly EUR 7,300-8,700 per year
- A 1-bedroom owner: EUR 8,200-9,750 per year
- A 2-bedroom owner: EUR 11,100-13,200 per year
- A 3-bedroom owner: EUR 14,700-17,500 per year
How Much Can You Charge Per Night?
Your nightly rate (Average Daily Rate, or ADR) depends on property type, quality, location, and the time of year. Here’s what the Larnaka market supported in 2025:
| Property Type | Annual Avg ADR | Winter (Jan) | Summer (Aug) | Difference |
| Studio | EUR 55 | EUR 46 | EUR 64 | +39% |
| 1 Bedroom | EUR 62 | EUR 50 | EUR 78 | +56% |
| 2 Bedroom | EUR 84 | EUR 67 | EUR 111 | +66% |
| 3 Bedroom | EUR 115 | EUR 93 | EUR 145 | +56% |
Summer rates are 40-65% above winter. Dynamic pricing that adjusts to this curve is one of the biggest factors separating high-performing listings from average ones. Larger properties see a bigger absolute increase, a 3-bedroom jumps by EUR 52/night from January to August, while a studio only gains EUR 18.
How Full Will Your Property Be?
Occupancy is what turns a good nightly rate into actual revenue. Empty nights earn nothing, regardless of your pricing.
| Property Type | Annual Avg Occ. | Winter Low (Jan) | Summer Peak |
| Studio | 71.8% | 44% | 90% |
| 1 Bedroom | 71.8% | 43% | 90% |
| 2 Bedroom | 70.8% | 41% | 88% |
| 3 Bedroom | 70.3% | 49% | 87% |
Larnaka achieves roughly 70–72% annual occupancy across all property types. This is significantly higher than many resort-only destinations in Cyprus because the city draws demand from multiple segments: tourists in summer, business travellers year-round, digital nomads in shoulder seasons, and relocation tenants in winter.
Month-by-Month Breakdown (2-Bedroom Example)
Here’s how a typical 2-bedroom apartment performed each month across the Larnaka market in 2025:
| Month | Revenue | Occupancy | Nightly Rate | Booked Nights |
| January | EUR 750 | 41% | EUR 67 | ~11 |
| February | EUR 1,240 | 64% | EUR 70 | ~18 |
| March | EUR 1,100 | 58% | EUR 69 | ~18 |
| April | EUR 1,420 | 66% | EUR 78 | ~20 |
| May | EUR 1,450 | 64% | EUR 84 | ~20 |
| June | EUR 1,850 | 79% | EUR 89 | ~24 |
| July | EUR 2,400 | 84% | EUR 103 | ~26 |
| August | EUR 2,710 | 88% | EUR 111 | ~27 |
| September | EUR 2,410 | 86% | EUR 102 | ~26 |
| October | EUR 2,260 | 83% | EUR 97 | ~26 |
| November | EUR 1,410 | 71% | EUR 73 | ~21 |
| December | EUR 1,270 | 66% | EUR 71 | ~20 |
| Full Year | EUR 20,270 | 70.8% | EUR 84 | ~257 |
The peak earning window is June through October; five months that generate approximately 60% of the year’s total revenue. But the shoulder months still contribute meaningfully, and February–March are stronger than most people expect.
What Affects Whether You Earn More or Less Than Average?
These are market averages. Some properties earn 30-40% above, while others sit below. Based on our management experience across Larnaka, the most important factors:
Pushes revenue up: seafront or Finikoudes proximity, modern renovation, professional photography and listing copywriting, outdoor space with views, dedicated parking, fast Wi-Fi and workspace setup.
Pulls revenue down: interior locations with no walkability, dated furnishing, slow response times, static pricing, poor or no reviews.
How Does This Compare to Long-Term Rental?
| Metric | Short-Term Rental | Long-Term Rental |
| Annual Revenue (2BR) | EUR 20,270 gross | EUR 9,000–12,000 |
| Management Effort | High (or use a manager) | Low |
| Vacancy Risk | Seasonal fluctuation | Tenant turnover risk |
| Wear & Tear | Higher (more guests) | Lower |
| Flexibility | Use it yourself anytime | Locked into tenancy |
| Net Yield (2BR, EUR 200K) | 5.5–7.5% | 4.5–6.0% |
Short-term rental generates significantly more gross revenue, roughly 70–125% more than long-term, but comes with higher operating costs. Professional management allows owners to capture STR-level returns without the hands-on workload.
What About Costs and Taxes?
Before calculating your profit, account for these:
- Management fee: Typically 15-25% of revenue
- Cleaning: EUR 25-60 per turnover (usually charged to guests)
- Platform commissions: 3-5% (Airbnb host fee) or 15-18% (Booking.com)
- Utilities: EUR 80-200/month depending on season and size
- Consumables and linen: EUR 30-60/month
- Maintenance reserve: Budget 3-5% of revenue
- CTO registration: Required for legal short-term rental operation
- Income tax: Cyprus taxes rental income progressively – the first EUR 19,500 annually is tax-free
Ready to See What Your Property Could Earn?
If you own a property in Larnaka or are evaluating a purchase, we can provide a tailored revenue projection based on the specific property type, location, condition, and amenity set. Our estimates are grounded in real market performance data we track closely.
Contact us for a free revenue assessment: urbanicahospitality.com