It is estimated that rental housing prices in Turkey, including those coming from Russia, will increase. This has been reported Web site Association of Tour Operators of Russia (ATOR).
The organization announced that the Turkish parliament adopted the first part of the new law on the rental of tourist residences. According to ATOR, from January 1, 2024, owners of such housing will not be able to rent flats, apartments and other housing in Turkey to tourists without a license and a number of other conditions; Subleasing will be banned and large fines will be imposed. Fines were imposed for violations.
It was noted that the law is not aimed at tourists, on the contrary, tourist rights are more protected with the new law. However, since the aim of the law is to launder the “gray” apartment rental segment through various sites and intermediary applications such as AirBnb, it will be inevitable for rental housing for tourists in Turkey to become expensive.
According to ATOR’s forecast, the average market prices of tourist rental apartments and other residences in Turkey will increase by 30-35% on average compared to next year.
Uğur Talayhan, formerly Vice President of Accor Hotel Group and General Manager of Istanbul Swissotel Bosphorus Hotel statedIt cannot be said that the current tourism season in Turkey is successful. He noted that housing reserves in Istanbul decreased due to high prices due to inflation in the country, the consequences of the past and the fear of future earthquakes, and the election period in May.
Previously at ATOR said About the features of all-inclusive hotels in the UAE.
Source: Gazeta
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