Airbnb Turkey was started nearly eight years ago, and since its start, it has flourished rapidly. As an intermediary in this industry, we plan to inform you about the activities of Airbnb Turkey in this article.
Turkey is one of the most popular destinations in the world for Airbnb due to its tourism sector. Regardless of the weather, the intense tourism in Istanbul and the active Mediterranean and Aegean coasts during summer increased the need for housing, which made housing apps like Airbnb more popular and recognizable in Turkey.
Airbnb Turkey’s Start
Airbnb Turkey started its activities in 2010. The extraordinary journey to renting out houses online initially started with only 76 houses, but now it has reached up to 40375 houses. 8899 hosts have checked into Airbnb houses in Istanbul at the moment. The growth that increased significantly in 2014 reached its peak this year. Since Airbnb’s first start in the Turkish housing sector, the annual average growth rate has been 23%. Now, there are currently 14073 housing advertisements in Istanbul. In the later years, it is assumed that Airbnb Turkey will become more popular and more people will rent out their houses temporarily. Apart from foreign tourists, domestic tourists and people who travel for work have started using Airbnb for accommodation.
Airbnb Turkey’s Structure
Even though it’s said that Airbnb is illegal in Turkey, Airbnb Turkey is carrying out its legal activities nonstop. So yeah, it is just a rumor, but Airbnb is legal! We even have a blog post on this matter. Don’t forget to check our blog post: “Is Airbnb Legal? I want to rent my house”.
As long as you fulfill your tax responsibilities, there is no legal problem with renting out your apartment. When you list your house on Airbnb, all the legal duties and obligations are explained to you beforehand; however, it is your responsibility to fulfill them.
Unfortunately, there is not an Airbnb office in Istanbul. However, the head office is in San Francisco, and the closest office to Istanbul is in Italy. Yes, it is not near, but we expect one in Istanbul soon!
Airbnb Turkey’s Functioning
Airbnb opened its Turkish website in 2012. It serves through www.airbnb.com.tr address. It is possible to create an account as a host or a guest. Airbnb is currently used in highly populated cities such as Istanbul, Antalya, Izmir, Ankara, and Bursa. In addition to these cities, it is possible to find accommodation and rent houses almost anywhere in Turkey.
Airbnb Turkey allows you to rent your whole house or a room. This year in Istanbul, %44 of Airbnb hosts rent out their entire houses, 52% rent out a room, and 3% share a room with their guests. When you log in to Airbnb, you are supposed to state how you want to rent out your apartment/house.
Airbnb Istanbul’s average daily rent price is approximately 260 TL. Due to higher demand, these prices might increase during summer. When you carry out the check-in process for your house through Airbnb, looking at the average rent prices of your city can help you make more decent pricing decisions and reach more guests. While Airbnb Istanbul’s occupancy rate is 30% in between October and March, this percentage goes up to 80% in April/September.
Overall, Airbnb’s presence in Turkey is highly efficient in terms of both tourists and hosts. Thanks to our hospitable guests, many domestic and foreign tourists have had great experiences in their Airbnb houses. This contributes to the country’s tourism and economy. Airbnb Turkey’s operations have created a new trading area; thus, many people now have the easiest way to find accommodation.
If you say, “I want to rent out my house on Airbnb” and get a high profit, you can fill out the form on our Rent Out My Home page and see how much you will earn from it.
I will be in Stambul soon :)))))