Curious about the performance of short-term rentals in Mykonos, Greece? Over the last year, the average occupancy rate was 51% with an ADR (Average Daily Rate) of 642€. Hosts earned on average 8167€ per month.

90-day occupancy forecast for Mykonos so you can update rates and stay ahead of competitors.
Key metrics to optimize your pricing strategy
Avg. Monthly Revenue
8167€
$7432 USD
YoY Revenue Change
-4%
vs. previous year
Occupancy Rate
51%
~15 days/month
Average Daily Rate
642€
$584 USD
Seasonality Index
136%
demand variation
Best Months
August, July
peak season
Worst Months
April, October
low season
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Over the analysis period, Mykonos ran 52% average occupancy across roughly 186 booked nights a year, seven points below Greece's 59% national average in a small two-city national sample. But occupancy is the wrong headline metric here: a 638 euro average daily rate, by far a premium figure, drives 8,107 euro average monthly revenue per listing, the economics of a luxury market that earns through extraordinary nightly pricing rather than how many nights it fills.
The defining numbers are the 137% seasonality index and a -6% year-on-year revenue change. Together they describe a high-value but sharply concentrated market: earnings are packed into a short summer window at very high rates, the modest revenue dip suggests a slight cooling from peak, and the sub-national occupancy is a structural feature of a season-only island, not a sign of weak demand. For underwriting, ADR and the June-to-September curve matter far more than the annual occupancy average.
Average occupancy rate by month in Mykonos, compared with the same month a year earlier.
| Month | Occupancy | Prior year |
|---|---|---|
| Jul 2025 | 72.8% | 68.9% |
| Aug 2025 | 74.2% | 73.4% |
| Sep 2025 | 47.6% | 49.3% |
| Oct 2025 | 42.7% | 47.5% |
| Nov 2025 | 29% | 26.4% |
| Dec 2025 | 38.4% | 46.3% |
| Jan 2026 | 39.7% | 40.2% |
| Feb 2026 | 40.4% | 41.2% |
| Mar 2026 | 41.9% | 47.7% |
| Apr 2026 | 49.5% | 56.9% |
| May 2026 | 53.8% | 51% |
| Jun 2026 | 60.2% | 62.2% |
📌 Historical trends reveal seasonal highs – plan accordingly.
These figures reflect real-time demand in Mykonos, helping you plan and price strategically.
Mykonos is the glamour capital of the Cyclades and one of the Mediterranean's premier luxury-leisure islands, and its short-term rental demand is overwhelmingly high-end summer travel. Guests come for the whitewashed Chora old town with its iconic windmills and Little Venice, the cosmopolitan beach-club scene at Paradise, Super Paradise, Psarou and Ornos, the upscale nightlife, and a celebrity-and-yacht clientele that has made the island a byword for premium Aegean holidays. Day trips to the sacred archaeological island of Delos add a cultural layer to an otherwise sun-and-scene market.
This is a destination defined by exclusivity and high spend rather than volume: the clientele skews wealthy international travellers, large villa groups and party-and-wedding bookings, and the island sustains some of the highest nightly rates in the country. That premium positioning, combined with a famously compressed season, makes Mykonos a market where pricing power and peak-window execution matter far more than annual occupancy.
Mykonos is intensely seasonal, with a seasonality index of 137%, and operates as an almost pure summer market. The strongest months are August and July, when the island runs at its glamorous peak and occupancy climbs into the low-to-mid 70s percent, with June already strong as the season opens. The official worst months are April and October, the shoulder edges, and the deepest trough is mid-winter: November falls to the high-20s and December into the high-30s percent as most of the island's hospitality infrastructure effectively closes.
The practical implication is stark: this is a four-to-five-month earning window concentrated in June through September, and the off-season barely registers. Underwriting Mykonos on its 52% average occupancy badly understates the summer reality and overstates the winter, which is near-dormant. Operators succeed by maximising peak-season rate and length-of-stay rather than chasing year-round occupancy, and many units simply do not trade outside the warm months.
Mykonos Town, or Chora, is the highest-profile location, its maze of whitewashed lanes near the windmills and Little Venice commanding premium rates for walkable access to dining and nightlife, though space is tight and noise is a factor. Ornos and Platis Gialos to the south are family-friendly beach bases with calmer water and strong, accessible demand.
Psarou and Paradise are the glamour-beach and beach-club zones, where high-spend guests pay up to be near the scene, while Agios Ioannis and the western slopes trade on sunset views toward Delos and command villa-tier rates. Inland and northern areas like Ano Mera offer quieter, more attainable stock for guests prioritising space and value over the beach-club circuit. Across the island, sea views, a pool and proximity to a named beach drive rate more than any administrative boundary.
Greece regulates short-term rentals nationally, and the regime tightened materially from late 2025. Every property let short-term must be registered with the tax authority (AADE) through the myAADE portal and obtain a Property Registration Number (AMA), which must be displayed on every listing; new quality and safety standards covering lighting, ventilation and fire provisions also apply, and income is taxed with platform data shared with authorities. Fines for non-compliance start in the thousands of euros and escalate for repeat breaches.
Crucially for this island, Greece is moving to freeze new short-term rental permits in its most tourism-saturated destinations, and Mykonos is explicitly among the locations under the new Special Spatial Planning Framework where such restrictions are being applied or considered. Anyone buying or onboarding a unit in Mykonos should treat the AMA registration as mandatory and verify the current permit and any local-freeze status with AADE and the regional authorities before listing, as the supply rules here are actively changing.
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* Calculations based on 30 days/month. Actual results may vary depending on market, season, property type, and implemented strategy.
Mykonos averaged about 52% occupancy over the analysis period, roughly 186 booked nights a year, seven points below Greece's 59% national average. But occupancy understates this market: it is a luxury, summer-only island that earns through a very high 638 euro average daily rate rather than through how many nights it fills across the year.
August and July are by far the strongest months, with occupancy in the low-to-mid 70s percent at the glamorous summer peak, and June is already strong. April and October are the weakest shoulder months, and mid-winter is near-dormant, with November in the high-20s. Maximise peak-season rate and length of stay, because the off-season barely trades.
Yes. Greece requires every short-term let to be registered with the tax authority (AADE) and display a Property Registration Number (AMA) on the listing, with quality and safety standards now in force. Mykonos is also among the saturated islands facing a freeze on new permits, so verify current registration and any local-freeze status with AADE and regional authorities before listing.
Mykonos Town (Chora) commands premium rates for walkable nightlife and dining near the windmills, while Ornos and Platis Gialos are family-friendly beach bases. Psarou and Paradise are the high-spend beach-club zones, and Agios Ioannis trades on sunset and Delos views at villa rates; Ano Mera offers quieter value inland. Sea views, a pool and a named beach drive rate most.