🏠 Short-Term Rental in TRNC: Is High Profit Possible with Airbnb?

Why Are Airbnb and Booking Earnings Making Properties Attractive?

The Turkish Republic of Northern Cyprus (TRNC) has become an area of interest not only for holidaymakers but also for real estate investors in recent years. Particularly, the short-term rental model offers homeowners high earning opportunities through platforms like Airbnb and Booking.

In this article, we discuss in detail why short-term rentals have rapidly gained popularity, which regions are more advantageous, and how they provide returns to investors.

📊 What Do Tourism Data Indicate?

Over 1,800,000 tourists visit the TRNC every year. However, the total hotel bed capacity in the country is only around 27,000. This indicates a significant accommodation gap.
Short-term rental apartments and villas are successfully filling this gap.

As a result:

• Holidaymakers are struggling to find places in hotels,

• They are turning to alternative accommodation options,

• The tendency to rent houses through platforms like Airbnb and Booking is rapidly increasing.

💰 Why is Short-Term Rental Advantageous?

✅ 1. Higher Income

Daily or weekly rentals provide much higher earnings compared to fixed rental contracts. For example:

• A 2+1 apartment in Kyrenia brings in £700 per month with a classic rental, while

• With short-term rental, this figure can rise to £1,500–£2,000.

✅ 2. High Tourist Demand

During the summer season, finding accommodation on the coastline becomes quite difficult. During these periods, homeowners reach full occupancy and earn significant income.

✅ 3. Flexibility and Personal Use Rights

Homeowners can leave the house empty for personal use during the times of the year they prefer. This situation provides great flexibility for holiday home owners.

📍 Which Regions Are More Suitable?

The prominent regions for short-term rental are:

• Kyrenia: The first choice for holidaymakers. Particularly around the harbor, Bellapais, and the city center, there is a high demand. The majority of entertainment venues, hotels, and casinos are located here.

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• Iskele – Long Beach: Waterfront and high-rise residential projects are particularly popular among foreign tourists and summer residents. Their modern architecture, social facilities offered with hotel comfort (swimming pool, spa, security, reception services, etc.), and proximity to the beach make these projects extremely attractive for both short-term rentals and long-term investments.

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• Famagusta: The movement of both university students and tourists during the summer season makes the area attractive. Historical sites like Kaleiçi, Varosha, and the ancient city of Salamis being located here make the region particularly appealing for history lovers.

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• Esentepe / Tatlısu: It stands out with its nature-integrated, serene location and sea-view villas and concept projects. It has become one of the leading holiday locations with mountains extending to infinity on one side and the deep blue sea on the other.

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• Lefke: The area, which has gained momentum especially due to the increasing number of students and health tourism in recent years, attracts the attention of tourists. With its green areas, walking trails, and peaceful structure, it has the potential for short-term rentals for those looking for alternative holidays.