It’s a new era for short-term residential rentals in Turkey, as the recently enacted Law No. 7464, also known as the “AirBnb Law,” brings a wave of changes and a heightened focus on regulation. The law, which came into effect in October 2023, has significant implications for property owners, tourists, and even the broader housing market.
Regulating Short-term Rentals: The AirBnb Law
Law No. 7464 establishes a comprehensive framework for short-term rentals of residential properties for tourism purposes. The new regulations require property owners to obtain a permit for rentals under 100 days, ensuring a more controlled environment for these types of accommodations. In addition, rentals are now subject to administrative penalties for non-compliance with the law’s provisions.
Permit Requirements
Under the new law, property owners must apply for a permit to engage in short-term rentals. The application process includes…
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