Euro rates
  • USD/RUB89.0502
  • GBP/RUB112.7908
  • TRY/RUB2.7103
  • EUR/RUB95.3906
Alanya
+28°C
2305apartments on site

Prices for short-term rental property rise in some Turkey's cities

  • 27.07.2020
  • 2463
  • 0
  • 0
Prices for short-term rental property rise in some Turkey's cities

After the country's authorities began to gradually loosen quarantine rules, the demand for rental housing has increased. Tourists prefer to rent an apartment or house, rather stay at a hotel. One of the main reasons for that the fact that it saves up to 30% of funds. But now in Kusadasi and Marmaris housing, prices have significantly increased.

In Kusadasi, the cost of renting a house per day has doubled, and in Marmaris - increased one and a half times. The exact prices depend on the location of the apartments in relation to the sea. However, real estate in these cities is in great demand and at the moment 98% of holiday houses are reserved in both cities.

Read also
  • Renting out Turkish property will become more profitable. The cap on rent increases is cancelled
    Finance Minister Mehmet Şimşek says that on 1 July, Turkey will lift its restrictions on rent increases. Landlords could only increase rents by 25% a year. The landlords didn't like the restrictions because they didn't take inflation into account. The Minister of Finance said that there is no need...
    31.05.2024
  • Turks spend more than 20% of the budget on housing
    According to last year's stats, Turkish families allocate 24.1% of all their funds to pay for their apartments. The TurkStat states that the rent and utility bills are the largest part of family monthly budget. Food and non-alcoholic beverages occupy the second place in the list of monthly costs (20...
    21.07.2020
  • Turkey is in the list of the safest countries during coronavirus pandemic
    Since the country's government has made efforts to fight COVID-19, Turkey has become the safest resort, showing a low infection rate. Other states drew attention to the country's methods and their preventive policy. Turkey was among the first to install thermal imaging cameras at airports to detect...
    14.07.2020
Free consultation

Schedule a consultation with our real estate experts

Ali Pazandeh
Sales representative, Graphic designer