Advise on Holiday letting

Visitor


Joined: 19/08/2010
Posts: 492

Message Posted:
03/05/2011 14:53

I have a small one bed cottage in Lapda. In the Turkish quarter. Its got a lovely garden all mod cons including aircon.

Now I was looking to start doing holiday lets thinking around 150 to 170 GBP per week.

I contacted a established agency A...villas whos fees would probably leave me with very little if not owing them money.



Has anyone any suggestions or recommendations. I think a 15 % fee would be fine. Perhaps there is a new agent?

kavenkoy


Joined: 10/04/2008
Posts: 1787

Message Posted:
03/05/2011 15:54

i take it you dont live in NC ?

can you not manage it by means of letting it yourself ,then ask somebody locally to change sheets ,clean on day of arrival etc for a small wage ?



if you can try google like holidaylets.co.uk etc

They charge around £130 per year to advertise on their site which includes 3 or 4 photos and descriptions etc .The person wishing to rent it contacts you and pays you direct etc



kav

Visitor


Joined: 19/08/2010
Posts: 492

Message Posted:
03/05/2011 16:12

Thanks Kavenkoy, I have considered that as an option. I found another agent called northcyprusvillarentals.com

they charge 15% fees

AndyR



Joined: 23/04/2009
Posts: 317

Message Posted:
03/05/2011 17:41

Msg2: Think you may have meant http://www.holidaylettings.co.uk/

I use them a lot to find apartments and villas abroad so can recommend them from the visitors point of view!

Tinkie


Joined: 16/03/2009
Posts: 1256

Message Posted:
03/05/2011 17:54

You probably need to reconsider the amount that you charge against your overheads for holiday letting. First there is the 15% commission...then the cost of cleaning it prior to the guests arriving (minimum of 50tl at a guess), the cost of laundry when they leave (approx 15tl per load at local laundry) and the cost of electricity (most people allow between 30 and 50gbp per week for a 2 bedroom apartment) and water whilst they are here...then take in to account wear and unforeseens, like blocked loos, blown immersion heaters etc etc, need also to have a point of contact for the holiday guests in case they lose their keys, break anything, run out of water etc etc.

Visitor


Joined: 19/08/2010
Posts: 492

Message Posted:
03/05/2011 20:15

Thanks Tinkie - My family live close to the cottage so will do all. I think 15% is ok and fairly standard. Amyvillas

were charging a flat rate of 12 pounds per day.

suziQ



Joined: 02/06/2008
Posts: 139

Message Posted:
03/05/2011 21:13

Hi Visitor

Would you consider letting out your cottage for a 3 month period this summer? If so please contact me

smehdyoun@btinternet.com

jeepsafari


Joined: 02/09/2010
Posts: 73

Message Posted:
04/05/2011 01:38

dont forget the 10% tax you have to pay!

negativenick


Joined: 10/11/2008
Posts: 6023

Message Posted:
04/05/2011 07:16

mess 1 - there are plenty of cash strapped brits that will manage it "on the side" ...............

wattys


Joined: 07/10/2008
Posts: 278

Message Posted:
04/05/2011 11:57

Message for negatinick.



Hi Nick



Can you please contact me off line.