Tens of thousands of staying visitors will be looking for Edinburgh accommodation as they attend the six (yes, six!) festivals held in the city during the summer. Here’s why you should take advantage of this and rent out your property this summer…
High demand for quality properties
Edinburgh’s Festivals are world-class, recognised cultural events – and the biggest, the Fringe, is the largest arts festival in the world. The audience is coming, the performers are coming, the stage crews are coming, the journalists are coming… and they all need somewhere to stay.
There is high demand for quality rental properties, particularly in the key festival locations asround Old Town, Newington, Marchmont and the New Town.
High demand means increased rents – and money in your pocket
Good properties demand high weekly (or monthly) rental prices, meaning a festival let is of real financial value.
While you take a well-earned break somewhere far from the hordes of non-stop festival goers, your property could be earning money for you. As a general rule, properties will achieve between two and three times the normal monthly rent.
We’re trusted letting agents
Whether you’re a seasoned landlord or considering letting out the family home for the first time, our team of property professionals are here for you through every step of the process. In our latest survey we found that 100% of landlords would recommend us to other landlords, and 97% rated our service as ‘good’ or ‘excellent’.
We only select festival guests who are right for you and your property, and as trusted letting agents we’ve built up good relationships with a number of returning guests over the years, from festival attendees to performers. (There may even be some famous faces among them – but, sshhh!).
We offer expert guidance and advice
We offer free, no obligation consultations, and can suggest whether your property would be best marketed as a weekly or monthly let as well as giving you a guide to rental value.
Our full property management service covers everything from advertising your property to preparing contracts, carrying out inspections, arranging cleaning and overseeing handovers, meaning you have complete peace of mind. In addition, we provide a seven-day, 24-hour emergency contact and a team of trusted tradesmen – so if the unexpected happens, we’ll have it covered.
Want to know more? Have a chat with our team
We’re happy to answer any questions you may have, or simply to chat through the process with you, to help you decide if renting out your property during Edinburgh’s festivals is the right move for you.