Renting out your Turkish property

Turkey is an attractive buy-to-let destination.

The property rental market in Turkey is steady and can achieve an attractive passive income depending on a variety of market attributes like; location, property type and close amenities.

Turkey's rental market is perfect for both long and short leases. It's a great destination for holiday goers all year round who would want an Airbnb style rent, as well as for the general Turkish locals that usually request a long term rental contract.

Airbnb's subscription-based rental service is now available in Turkey! Airbnb rental options in Turkey are becoming increasingly popular, as the country's property market continues to grow.

Turkey is ideal for those investors who would want to rent out their property while they are not living or spending the majority of their time in Turkey.

In order to rent out your property successfully, you will need to market it effectively. There are several ways to do this, including word of mouth, online listings, and local advertising.

One of the easiest and fastest ways to get the word out about your rental property is to tell family and friends. They may know someone who is looking for a place to stay in the area, and they can spread the word to their own networks. You can also list your property on popular vacation rental websites like Owners Direct and Holiday Lettings. This will give you exposure to a wider audience, and you can manage bookings and inquiries directly through the site.

In addition, you can create your own website or Facebook Page for your rental property. This is a great way to show off photos and provide potential guests with all the information they need to know about the property. You can also check if there are any Facebook community groups dedicated to vacation rentals in the area where you can post about your property for free. Finally, don't forget about local advertising options like newspapers. If you place an ad in a paper that is circulated in the area where your property is located, you may be able to reach potential guests who are already planning a trip to the area.

Paying tax on rental income is a requirement for all proprietors in Turkey. The amount of tax you owe will vary depending on your level of revenue, but it starts at around 15%. If you're a foreigner wanting to pay tax in Turkey, you'll need to get a tax number. We can assist you with claiming this. You're allowed to deduct certain expenses, and your tax return is usually due once a year in March.

If you have any questions then please contact us for more information and assistance with the process.