Running Airbnb services in Istanbul can be time-consuming and quite complicated especially if you’re new in town and don’t master the short-term rental market characteristics. In this blog post, we will give you all the information you need to manage your Airbnb in Istanbul efficiently. But before we dive into this topic’s insights, let’s find out how Airbnb started in Turkey and explore the particularities of Istanbul city.
What’s Airbnb Turkey?
Airbnb is an online platform that allows you to rent your entire house or even one room for short-term and tourism purposes. It began its activities in Turkey in 2010 with only 76 houses and today it reached more than 40 000 houses. The popularity of Airbnb in Turkey is due to the increasing flow of tourists that come to visit various cities in the attractive country.
Tourists are not the only ones who use Airbnb for accommodation, since people who travel for work and even for study find interesting offers within this service. The demand for Airbnb keeps growing in Turkey and homeowners can run a very profitable business if they fulfill the local regulations for short-term rentals.
What’s particular about Airbnb in Istanbul?
While Istanbul is the most populous city in Turkey, it stands as a very attractive destination for Airbnb guests and a lucrative market for hosts. Why? Well, Istanbul has some characteristics that make it a unique opportunity for Airbnb rentals.
The first one is the rich culture and history, its location between Europe and Asia, and the phenomenal landmarks like the Hagia Sophia, the Blue Mosque, and Topkapi Palace. Millions of tourists come every year to discover all these beautiful monuments. Hence, the demand for short-term rental is significant.
Istanbul is also known for the diversity of its districts from the historical Sultanahmet to the modern street of Taksim, and its numerous commercial shops. Accessibility and transportation are also criteria that attract guests from all over the world. Finally, Istanbul is a popular destination for people who run businesses and they are usually seeking short-term rentals instead of booking a room in a hotel.
The importance of effective Airbnb management for property owners
In order to optimize your earnings through short-term rentals in Istanbul, it is crucial to have effective management of your property. This can be a fastidious task since you have to deal with tenants, house cleaning, and maintenance not to mention legal compliance. Thus, entrusting a professional property manager for your short-term rentals is a judicious choice.
This will save you time and help you meet the guests’ expectations easily.
When it comes to selecting a property management company in Istanbul, you should consider some criteria that will help you find the one that will provide you with the best experience. With that being said, make sure you choose a professional with solid experience in the short-term rental market. This will help you increase your revenues and create attractive listings. Also, choose the property manager who provides the services you need. For example, if you need someone who will collect rent, make sure they have the necessary knowledge of financial aspects.
Finally, make sure you choose a property manager who will keep you informed on a regular basis about your property.
This gives you an overview of the benefits of hiring a property manager and why it is important to take the time to choose the right one.
How to find a reliable property manager in Istanbul?
Welcome Concierge connects you with property management professionals near you in Istanbul. All you need to do is to fill out the short form and we will help you find among our local partners, the property manager who best fits your expectations.
By delegating your property management to our partners in Istanbul, you unlock the true potential of your vacation rentals.
Find out the most popular districts for short-term rental in Istanbul and choose the location that best fits your needs and budget.
5 tips to run a successful Airbnb in Istanbul
If you’re new to the short-term rental business and particularly to the Istanbul market, you may be afraid to get started. To help you overcome this fear, we’ve selected for you 5 tips for successfully managing your short-term rental property in this attractive Turkish city.
Airbnb management in Istanbul: Bottom Line
Though Istanbul is a profitable market for vacation rentals, if property owners do not consider their short-term rental business management seriously, they can miss out on a great opportunity and waste both time and money. That’s why it’s important to find a reliable local property manager who will help them boost their earnings and provide the best experience for their guests.
FAQ
How does Airbnb work in Istanbul?
Airbnb launched its Turkish website in 2012 where you can create an account either as a guest or as a host.
Can I run an Airbnb business in Istanbul while being abroad?
By delegating your short-term rental and property management to a professional, you can run an Airbnb business efficiently even if you’re not living in Istanbul.
What is the demand for Airbnb in Istanbul?
The occupancy rates of Airbnb properties vary from 30% between October and March and can go up to 80% between April and September.
