In Turkey, rentals of up to 100 days are considered " turizm amaçlı kiralama " (tourist rentals). This refers to rentals of a property for 100 days or less at a time; rentals exceeding 100 days in a single contract are excluded from this special regime. However, if the owner wishes to rent out the property for less than 100 days at least once , they must obtain a tourist rental permit.
Important! Even short-term rentals of one's own home must be licensed.
Who can film?
Individuals and legal entities, locals and foreigners, and housing can be rented to them for any purpose: travel, work, treatment, study, sports, etc.
Who is eligible to take the test?
Not everyone can apply for a permit. Official clarifications state that the permit can be obtained by the owner of the property, as well as by anyone with a registered right of usufruct (intifa hakkı) or similar property right of use. However, a regular tenant cannot lease an apartment long-term from the owner and then legally register it as a tourist rental. Subletting is not permitted under this regime, and the permit is issued to the owner, not the tenant.
How is it issued?
The official process is as follows: first, a Turizm Amaçlı Konut İzin Belgesi (Tourist Rental Permit) is obtained. This is applied for through e-Devlet at the Ministry of Culture and Tourism's service. Without this permit, business cannot begin. The application is submitted through e-Devlet, and the service itself is a government service.
New participants cannot start operations without an izin belgesi, and operating without one is subject to administrative fines.
What are the main restrictions and prohibitions?
The main prohibition is that it is prohibited to rent out property for up to 100 days without a permit . Starting work without a permit is subject to an administrative fine of 100,000 Turkish lira , followed by 15 days to obtain a permit. If the activity continues without a permit after this period, the fine increases to 500,000 Turkish lira for each property , and another period of time is given for obtaining a permit.
There are also structural restrictions on the property. Some buildings and complexes are subject to owner consent and limits:
- In buildings with more than three separate units, one landlord can usually obtain permits for a maximum of 25% of the units in that building;
- If the number of premises for one applicant in one building exceeds five, işyeri açma ve çalışma ruhsatı is also required ;
- In some residential complex formats, a unanimous decision of all owners.
Taxes and payments
Income from renting out real estate is generally considered income from real estate, which, under certain conditions, is subject to declaration and taxation. Weekly ,daily, and similar short-term rental payments are also subject to mandatory documentary evidence. This means that payments for such rentals must be made through a bank or PTT , and supporting documents must be retained.
For payments outside the banking/postal channel , a special fine is applied, the amount of which depends on the status of the person, but for “other persons” it starts from 8,700 Turkish lira for each transaction or 10% of the transaction amount , if it is more.
How are guests registered?
For accommodation with a tourist permit , the Kimlik Bildirme Kanunu regulations on reporting information about residents apply
Under Statute 7464, the permit holder is considered the person responsible for guest identification.
Forproperties with izin belgesi, a registration regime for residents similar to that for tourist accommodation applies.
This format is for owners in Mersin who want
- get a higher returnthan with an annual lease
- use your property for personal purposes for several months a year.
The typical tenant stay is 2-3 months. The rent varies depending on the season. The apartment must be furnished like a hotel: furniture, dishes, linens, and appliances. The apartment must be prepared according to INCOME MERSIN's.
The best options are 1+1 and 2+1 near the sea, preferably in a complex with a swimming pool.
The guideline for annual income is 5,000–10,000 euros for an object costing 50,000–100,000 euros , which corresponds to a yield of approximately 10 % per annum .
Loading for such a model is typically in the range of 60–80% per year.
Utility costs for short-term rentals of 100 days
For short-term rentals, the apartment fee, as well as the complex's variable and unplanned expenses (extra expenses), are paid by the owners. The owner also pays for bottled gas (once or twice a year), as well as for textiles and tableware as they wear out.
Variable utility costs—electricity, water, internet, and gas—are paid by the tenant, as per the meter. The tenant is also required to pay for the final cleaning of the apartment after moving out.
Agency commission for short-term rentals in Mersin
For finding a tenant, moving in and out, paying variable utility bills, organizing cleaning, monitoring the condition of the apartment, and paying taxes, the INCOME MERSIN is 30% of the actual rent of the apartment.
Seasonal short-term rental rates in Mersin:
- 1+1: from 400–550euros in November–March to 700–1000 euros in August;
- 2+1: from 500–700 euros to 1200–1500 euros;
- 3+1: from 600–800 euros to 1500–2000 euros in high season.
The owner's income is 70% of the actual rent of the apartment in Mersin.
What does this mean for the investor:
- Estimated ROI is about 10% per year;
- payback period is about 10 years;
- This is one of the most balanced strategies in terms of profitability, manageability and the possibility of personal recreation in Mersin.
Buying an apartment in Mersin profitably, renting it out short-term , and generating high income is a real possibility with INCOME MERSIN. Contact INCOME MERSIN's specialists, and we'll help you select properties and develop a rental strategy based on our extensive sales and rental experience.
