What could your Istanbul property earn?

A two-bedroom rental in Istanbul typically achieves around €75 a night at about 65% occupancy — roughly €1,481 gross per month.

By property size

SizeNightly rateNights / yearGross / monthGross / year
Studio€53237€1,047€12,561
1 bedroom€64237€1,264€15,168
2 bedrooms€75237€1,481€17,775
3 bedrooms€98237€1,936€23,226
4+ bedrooms€120237€2,370€28,440

These are indicative market estimates for a well-presented property, not a guarantee. Actual earnings depend on your location, presentation, availability, local regulation and season. Figures are gross revenue before cleaning (around €25 per stay here), taxes, utilities and local levies.

Letting in Istanbul

Rules and licensing

Since 2024 a permit is required, and obtaining it needs the unanimous written consent of the other owners in the building — a high bar that has removed a large amount of supply.

Tourist tax

An accommodation tax applied as a percentage of the price.

How the year is shaped

April to May and September to October are the peaks, with a usable summer and a mild winter. Istanbul has one of the flattest calendars here.

Who books here

City breaks, a large business and trade segment, and long-stay visitors. Proximity to a tram or metro line matters more than the district name.

Short-term rental rules change often and can differ by district, and building or condominium rules may restrict letting regardless of what the city permits. Treat this as orientation, not legal advice, and confirm the current position with the local authority before letting.

What drives the number in Istanbul

Peak season

Demand follows the tourist season. The best months to visit are April to May, September to October, and rates run highest then.

Typical occupancy

65% across the year for an actively managed listing — around 237 booked nights.

Cleaning

About €25 per stay, and roughly 59 stays a year at a four-night average.

Currency

Turkish Lira (TRY). 1 EUR = 37 TRY / 1 USD = 34 TRY (highly variable)

List it on Holistay

Publishing is free. Add a video walkthrough, set your nightly rate, and decide whether to accept offers on quiet dates. You can read the full Istanbul travel guide to see what guests coming here are planning around.