Curious about the performance of short-term rentals in Bilbao, Spain? Over the last year, the average occupancy rate was 63% with an ADR (Average Daily Rate) of 138€. Hosts earned on average 2520€ per month.

90-day occupancy forecast for Bilbao so you can update rates and stay ahead of competitors.
Key metrics to optimize your pricing strategy
Avg. Monthly Revenue
2520€
$2293 USD
YoY Revenue Change
7%
vs. previous year
Occupancy Rate
63%
~19 days/month
Average Daily Rate
138€
$126 USD
Seasonality Index
99%
demand variation
Best Months
August, May
peak season
Worst Months
January, February
low season
Our AI-powered platform automatically optimizes your rates. Maximize your revenue with intelligent dynamic pricing.
Over the June 2025 to May 2026 window, Bilbao ran 63% average occupancy across about 228 booked nights a year, exactly matching the 63% Spanish national average among the 28 Spanish cities ListingOK tracks. Where Bilbao stands out is rate: its 136 euro average daily rate is well above the national norm, producing average monthly revenue of 2,487 euros per listing and a healthy 6% year-on-year revenue gain, bucking the declines seen in some larger Spanish markets.
The 101% seasonality index is the number to respect. It tells you this revenue is front-loaded into summer rather than spread evenly, so the 228 nights cluster heavily around the August-May peaks while January and February barely cover costs. A relatively small active-listing base of 179 keeps the market less saturated than coastal hotspots, which helps support that premium ADR.
Average occupancy rate by month in Bilbao, compared with the same month a year earlier.
| Month | Occupancy | Prior year |
|---|---|---|
| Jul 2025 | 74.5% | 75.1% |
| Aug 2025 | 84.5% | 84.9% |
| Sep 2025 | 76% | 77.1% |
| Oct 2025 | 71.9% | 74.3% |
| Nov 2025 | 59.1% | 55.2% |
| Dec 2025 | 47.5% | 52.1% |
| Jan 2026 | 42.2% | 42.3% |
| Feb 2026 | 52.3% | 56.3% |
| Mar 2026 | 58.7% | 59% |
| Apr 2026 | 69.4% | 67.3% |
| May 2026 | 71.9% | 71.3% |
| Jun 2026 | 69.2% | 70.6% |
📌 Historical trends reveal seasonal highs – plan accordingly.
These figures reflect real-time demand in Bilbao, helping you plan and price strategically.
Bilbao's short-term rental demand rests on a cultural-tourism reinvention that turned a post-industrial port into one of northern Spain's most visited cities. The Guggenheim Museum, with Frank Gehry's titanium-clad shell and Jeff Koons' Puppy outside it, is the anchor draw, supported by the Casco Viejo's medieval Siete Calles, the Ribera Market and the Bilbao Fine Arts Museum. Pintxo culture, the funicular up to Artxanda and easy day trips to San Sebastián and the Basque coast keep leisure visitors staying longer than a single museum stop.
The city also carries a steady business and events stream: the Bilbao Exhibition Centre (BEC) in Barakaldo hosts trade fairs year-round, and Athletic Club matches at San Mamés pull regional crowds. Aste Nagusia, the nine-day Great Week festival each August, is the single biggest demand spike, drawing hundreds of thousands to the riverside for concerts, fireworks and the giant Marijaia figure that presides over the celebration.
Bilbao's demand is sharply seasonal for a city market, with a seasonality index of 101% that reflects a wide gap between a full summer and a hollow winter. August is comfortably the strongest month, hitting roughly 84-85% occupancy in both 2024 and 2025 as Aste Nagusia and peak Atlantic-coast travel collide; May is the clear second peak, around 71-72%, when mild weather and a busy events calendar fill rooms without the August crush.
The trough is deep and predictable: January and February are the weakest months, with occupancy falling to the low 40s in January (42.2% in 2025, 42.3% in 2026) as cold, wet Cantabrian weather and the post-holiday lull empty the city. The shoulder months of April, June, September and October all hold respectably in the 60s to high 70s, so operators here should price aggressively for the summer window and accept thin winters rather than chase them.
Casco Viejo, the old town on the right bank of the Nervión, is the highest-demand zone: its Siete Calles, the Ribera Market and dense pintxo bars put guests in the walkable heart of the city, and it commands the strongest nightly rates. Abando, across the river around the Guggenheim and the Gran Vía shopping spine, is the central business-and-culture district and suits both leisure and corporate stays.
Indautxu, just southwest of Abando, is an upscale residential grid popular with longer and repeat visitors who want a quieter base near restaurants and transport. Deusto, by the university and the river, draws a younger, value-seeking crowd. Across all of them, the practical constraint is licensing and the increasingly strict municipal planning rules rather than location, so confirming a unit's legal standing matters as much as picking the right street.
Bilbao sits under Basque Country (Euskadi) tourism law, principally Law 13/2016 and Decree 101/2018 on viviendas y habitaciones para uso turístico, recently amended by Decree 52/2025. Operating a tourist flat requires filing a declaración responsable with the Basque tourism authority and obtaining registration in the Registro de Empresas y Actividades Turísticas de Euskadi before advertising. As of 2025 a homeowners' community can be required to authorise tourist use, tightening access in shared buildings.
Layered on top, Spain's national single rental registry (Ventanilla Única) became mandatory from 1 July 2025: every listing needs a national registration number to appear on Airbnb, Booking and similar platforms. Bilbao's city council has also been advancing a PGOU urban-planning modification (initially approved January 2025) that restricts where tourist accommodation is allowed. Because the local framework is changing, verify a property's standing against both the Basque registry and the current municipal plan before committing; confidence in the broad regime is high but specific zoning limits are evolving.
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* Calculations based on 30 days/month. Actual results may vary depending on market, season, property type, and implemented strategy.
Bilbao averaged about 63% occupancy between June 2025 and May 2026, roughly 228 booked nights a year. That sits exactly on the 63% Spanish national average across the 28 Spanish cities ListingOK tracks, but the figure hides a wide swing between a packed August and a near-empty January and February.
August is the strongest month by far, reaching around 84-85% occupancy as the nine-day Aste Nagusia festival and peak coastal tourism overlap; May is the second peak near 71-72%. January and February are the weakest, dropping to the low 40s, so concentrate aggressive pricing on the summer and late-spring windows.
Yes. Under Basque Country tourism law you must file a declaración responsable and register in the Registro de Empresas y Actividades Turísticas de Euskadi before advertising, and since July 2025 you also need a Spanish national registration number to list on platforms. Homeowners'-community authorisation may be required, and Bilbao's evolving PGOU restricts where tourist lets are allowed, so verify both before buying.
Casco Viejo, the old town with its Siete Calles and Ribera Market, draws the highest demand and rates. Abando, around the Guggenheim and Gran Vía, suits leisure and business guests; Indautxu offers an upscale, quieter base for longer stays; and Deusto attracts a younger, value-seeking crowd. Licence standing matters as much as the street you choose.