Curious about the performance of short-term rentals in San Sebastián, Spain? Over the last year, the average occupancy rate was 61% with an ADR (Average Daily Rate) of 217€. Hosts earned on average 3877€ per month.

90-day occupancy forecast for San Sebastián so you can update rates and stay ahead of competitors.
Key metrics to optimize your pricing strategy
Avg. Monthly Revenue
3877€
$3528 USD
YoY Revenue Change
9%
vs. previous year
Occupancy Rate
61%
~18 days/month
Average Daily Rate
217€
$197 USD
Seasonality Index
125%
demand variation
Best Months
July, June
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 analysis period, San Sebastián ran 61% average occupancy across about 220 booked nights a year, two points below the 63% Spanish national average yet underpinned by the highest pricing in this group. Its 214 euro average daily rate is exceptional, well above the roughly 122 euro national norm, and it drives average monthly revenue of about 3,786 euros per listing, the strongest of these five cities by a wide margin.
So the story here is rate, not fill: occupancy is merely average, but the premium nightly price and the affluent demand turn a moderate night count into outsized revenue. A 7% year-on-year revenue gain, against declines in several peers, confirms the market is still strengthening, and the steep 128% seasonality index explains why summer pricing discipline matters so much, since a large share of the annual total is earned in just a few months.
Average occupancy rate by month in San Sebastián, compared with the same month a year earlier.
| Month | Occupancy | Prior year |
|---|---|---|
| Jul 2025 | 73.4% | 77.5% |
| Aug 2025 | 77.3% | 80.2% |
| Sep 2025 | 74.9% | 71.1% |
| Oct 2025 | 63.8% | 62.9% |
| Nov 2025 | 45.9% | 46.6% |
| Dec 2025 | 43.4% | 43.6% |
| Jan 2026 | 40% | 40.1% |
| Feb 2026 | 54.6% | 53.8% |
| Mar 2026 | 59% | 57.5% |
| Apr 2026 | 67% | 63.9% |
| May 2026 | 76.8% | 71.8% |
| Jun 2026 | 77.2% | 73.6% |
📌 Historical trends reveal seasonal highs – plan accordingly.
These figures reflect real-time demand in San Sebastián, helping you plan and price strategically.
San Sebastián, or Donostia, is one of Spain's premium leisure markets, and its short-term rental demand is built on a compact, high-end coastal city that punches far above its size. La Concha bay and its crescent beach, the Old Town's celebrated pintxo bars, the surf at Zurriola and the elegant Belle Époque seafront draw a moneyed leisure crowd, while the city's gastronomic reputation, with several of the country's most decorated restaurants, turns it into a destination in its own right rather than a stopover.
A strong cultural calendar deepens that pull. The San Sebastián International Film Festival (Zinemaldia) each September brings stars and industry to the Kursaal, the Heineken Jazzaldia fills July, and the Tamborrada drum festival takes over the Old Town every 20 January. The result is an affluent, experience-led visitor base willing to pay top rates for a well-placed apartment near the bay or the festival venues.
San Sebastián is intensely seasonal, with a 128% seasonality index, the sharpest profile in this group, reflecting an Atlantic-coast climate that concentrates demand into the warm months. The strongest months are July and August, peaking around 77-80% in summer, when the beaches and terraces are at their best; the weakest are January and February, when occupancy falls to roughly 40%, the deep trough of the series, broken only briefly by the Tamborrada.
September is a crucial secondary peak, holding near 75% on the back of the film festival and warm late-summer weather, and May through October stays robust. The cold, wet first quarter is the genuine off-season. Operators should price aggressively across the July-September window and around festival dates, and plan for thin, discount-driven demand from November to March, where the Tamborrada is the one reliable January spike.
The Parte Vieja, the Old Town wedged between Mount Urgull and the bay, holds the highest-converting stock, walkable to the pintxo bars and Constitution Square where the Tamborrada is held, and commands strong rates but the tightest scrutiny. The Centro, the Belle Époque core around the cathedral and the shopping streets, suits a broad leisure and business mix close to the bay.
Gros, across the Urumea river, trades on Zurriola surf beach and the Kursaal, drawing a younger, festival-and-surf crowd, while the genteel Antiguo near Ondarreta beach and Ibaeta appeal to longer, quieter stays. These central and seafront barrios are exactly the saturated zone the city has frozen, so for any unit the existence of a valid, registered licence matters far more than the address.
San Sebastián follows the Basque Country's regional framework for tourist housing, the Decreto 101/2018 on viviendas de uso turístico (VUT), updated by Decreto 52/2025, layered with restrictive municipal planning. A tourist apartment must be registered in the Basque tourism registry and meet the regional requirements, and since 1 July 2025 listings must also carry the national single rental registry number to advertise on platforms.
Decisively, the city has not granted new tourist-housing licences since 2023 and has tightened further: under the new municipal rules, the central, saturated zone (Centro, Parte Vieja, Gros, Antiguo and Ibaeta) will not authorise new VUTs, rooms or lodging uses on residential plots. With well over a thousand units already registered and the core effectively frozen, an operator should treat a unit as viable only if it holds a valid, transferable licence today and should verify status with the city and the Basque registry before committing.
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* Calculations based on 30 days/month. Actual results may vary depending on market, season, property type, and implemented strategy.
San Sebastián averaged about 61% occupancy over the analysis period, roughly 220 booked nights a year. That is two points below the 63% Spanish national average, but the city's exceptional pricing more than compensates, so its strength lies in rate rather than fill, producing the highest monthly revenue of this group of cities.
July and August are the strongest months, peaking around 77-80% with the beaches and terraces at their best, while January and February are the weakest at roughly 40%. September is a key second peak near 75%, lifted by the San Sebastián Film Festival. Price aggressively across summer and festival dates and expect a soft, wet first quarter.
Yes, and it is critical. A tourist apartment needs a vivienda de uso turístico registration under the Basque framework plus, since July 2025, the national rental registry number to advertise. The city has granted no new licences since 2023 and now bars new ones in the saturated central zone, so only operate a unit that holds a valid licence today and verify status with the city and Basque registry.
The Parte Vieja converts best near the pintxo bars and Constitution Square, the Centro suits a broad leisure and business mix by the bay, and Gros draws a surf-and-festival crowd around Zurriola and the Kursaal; Antiguo and Ibaeta suit quieter, longer stays. These central barrios are the frozen saturated zone, so a valid registered licence matters far more than the address.