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Estimate suggests 970 ‘short-term lets’ in Old Town

THE community council serving Edinburgh’s Old Town – comprising the districts of Abbeyhill, Cowgate, Grassmarket, Holyrood and the Royal Mile – has estimated that some 970 properties in the area are being used as so-called ‘short-term lets’.

Using a variety of sources, the Old Town Community Council has undertaken a statistical review of tourist and student accommodation in the Old Town, in particular, and the city, more generally.

It defines a ‘short-term let’ as a property for rent in which the owner or tenant does not live.

Albeit with a question mark attached to the figure, it also estimates there are less then ten shops in the areas represented by OTCC, “available for residents to shop for locally-produced food”.

Read more, here.

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