Short-Term Rentals in Turkey: Legal & Operational Basics

Short-term rentals in Turkey have become one of the fastest-growing and most profitable real estate investment strategies today. With the right approach, investors can achieve annual rental yields of up to 12%, can access full ROI more quickly, and grow their investment portfolio. Moreover, you can push Turkey property rental yields even higher with several techniques. short-term rental profitability in Turkey

However, overlooking Turkey’s short-term rental law and operational requirements can lead to costly mistakes. On this page, we are offering a complete guide to furnished rental investment in Turkey, covering the most critical steps and how to get the best out of your investment.

Is Short-Term Rental Profitable in Turkey?

Yes. Furnished rental yields in Turkey are significantly higher than long-term rentals. This means that you can recover your investment quickly and create capital for future investments. You also benefit from full flexibility: you only rent out your property when you choose to. This gives you the freedom to use your home whenever you want, especially for your own holidays.

Investing in Turkey brings several other advantages. Property prices are generally lower compared to many other countries, tourism demand is constantly rising, and year-round guest traffic can keep your occupancy rates high. The legislation procedures for short-term renting are also simpler than in many comparable markets, and you can start earning much faster.

Current State of Turkey’s Furnished Rental Market

Turkey’s short-term rental market is highly competitive, especially compared to long-term rentals. In fact, long-term rentals offer an annual rental yield of 5-7%, while short-term rentals may offer up to 8-12% yield during the summer months. Off-season figures are still impressive, with an average of 6-9%.

Looking at a city-by-city rental yield comparison in Turkey, major holiday destinations receive a significant demand for short-term rentals. İstanbul, Antalya, Muğla, İzmir, and Trabzon are the top 5 cities in Turkey with the highest demand for short-term rentals.

Legal Requirements for Short-Term Rentals in Turkey

Short-term rental regulations in Turkey officially started with the Official Gazette of November 2023, under the Law No. 7464. According to this law, homeowners must obtain a Tourism-Oriented Rental Permit to legally operate short-term rentals.

How to Register a Furnished Rental in Turkey?

First, you need to get written approval from the other homeowners in your building. In typical buildings, you must obtain approval from all other owners. In larger residential projects, it is sufficient to obtain approval from at least 80% of the homeowners.

Next, you must gather the required documents:

Title deed (tapu senedi)
Architectural/technical project (mimari proje)
Occupancy permit (yapı kullanım izin belgesi / iskan)

Once these documents are ready, submit your application via the e-Government portal (e-Devlet). After approval, an official permit plaque will be sent to your address, and you must display it at the entrance of the rental property.

Additional Legal Obligations Under Short-Term Rental Law in Turkey

Short-term rentals may be offered for a maximum duration of 100 days.
If you accept cash payments, ensure the required revenue record is created.
All guests must be registered in the official guest registration system (Kimlik Bildirim Systemi)
Do not list your property on Airbnb or similar platforms without approval from the building management.
Do not underreport your rental income to reduce taxes.

Illegal short-term rentals are subject to fines starting from 100,000 TL per unit, and 500,000 TL – 1,000,000 TL for repeated violations.

Operating Expenses for Furnished Rentals in Turkey

Properly budgeting for the monthly costs of running a furnished rental in Turkey is vital. Monthly costs may include:

Utilities: Electricity, water, and internet.
Cleaning Services: Regular cleaning to maintain property standards for guests.
Maintenance & Repairs: Short-term rentals tend to have more wear and tear, and ongoing upkeep may be higher.
Insurance: Proper insurance coverage is essential for financial protection.
Taxes: VAT (20%), Income Tax (progressive, 15-40%), Tourism Tax (included in the nightly rate and remitted to the government by the homeowner)

Pricing Strategies for Furnished Rentals in Turkey

Developing a competitive pricing strategy is essential for maximizing your income. If the rent is significantly higher or lower than your competitors, you may end up losing out on your profits.

When determining the nightly price, consider both demand trends and pricing of comparable listings. Dynamic pricing techniques can help you optimize the best income based on the fluctuations in the rental market.

Best Platforms to List Furnished Rentals in Turkey

You can use popular platforms like Airbnb and Booking to list your property. Each one of these platforms has unique benefits like user reach, promotional tools, and customer support.

However, by choosing TEKCE Property Management, your property will be showcased across multiple high-traffic websites in 12 languages, giving you maximum visibility.

TEKCE Property Management: Your Partner in Short-Term Rentals in Turkey

Managing short-term rentals requires time, effort, and expertise. Recently debuted, TEKCE Property Management is now set to handle the entire process from start to finish, so you can enjoy a seamless, low-effort investment with maximum profit.

Even if you are living abroad, you can be sure that your property will remain in expert hands. Our dedicated team manages every stage of the rental cycle: from marketing your property across global platforms and our multilingual websites, to preparing it for incoming guests. Pricing, guest communication, and rent collection are all handled for you in a 100% transparent and fully trackable way.

Contact us today to learn more about our services, and don’t forget to visit our page to explore our extensive selection of properties for short-term rental in Turkey.
Let us be your trusted partner in the dynamic world of short-term rentals in Turkey!

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