How much does it cost to rent a house in Istanbul?

How much does it cost to rent a house in Istanbul?

The average home rental price for whole Istanbul is about 35-45 TL per square meters, which means a 100m2 flat renting price is between 3000-4000 TL. The home rental prices for the cheap districts and neighborhoods are between 20-25 TL per square meters, which means a 100m2 flat renting price is between 2000-2500 TL.

Does Airbnb work in Istanbul?

Airbnb is totally legal in Istanbul. Local authorities have asked all hosts to register their properties and get the necessary Tourism Operation Licence from the government, but that’s not your responsibility as a traveler.

Can I rent a house in Turkey?

If you don’t want to rent a place for a whole year, you may also have the option to rent seasonally, especially if you have chosen touristic regions like Bodrum, Marmaris, Fethiye, and Kuşadası. You’ll have the option of renting anywhere from a month to 5 or 6 months, fully furnished or not.

How much does a one bedroom apartment cost in Istanbul?

Istanbul can be called an exhilarating city. If you want to buy real estate in the most historical place of Turkey, you need to choose Istanbul. The cost of one-bedroom apartments on average, will be 90,000 euros.

Is Airbnb blocked in Turkey?

Every activity Airbnb conducts in Turkey is legal. As an Airbnb host, you will not face any problems as long as you fulfil your responsibilities in legal Airbnb tax and a few other obligations properly.

How much do you need to live comfortably in Istanbul?

Summary about cost of living in Istanbul, Turkey: Family of four estimated monthly costs are 1,506$ (22,297TL) without rent. A single person estimated monthly costs are 430$ (6,363TL) without rent.

Can foreigners rent apartments in Turkey?

Foreign nationals who have obtained a residence permit in Turkey have the right to rent an apartment. In the Turkish Code of Obligations, how a person will rent an immovable property is regulated. First of all, the lessor and the foreign citizen must make a rental agreement for the immovable.