The cost of property in Edinburgh is lower as compared to London. Investing in property in Edinburgh is a sensible choice. People rent out their flats and apartments especially during the festival season. By doing this they make extra income from their property and also get a chance to escape from the hustle and bustle during this season. Moreover many people in Edinburgh rent out their flat to students from abroad. Mosley groups of students rent out a property together and share the costs. Moreover there is also the option of room sharing. People let out extra rooms in their houses mostly to students and other working professionals.

Advantages of renting in Edinburgh:
In Edinburgh there are an increasing number of people who are renting out their properties mainly because people prefer to rent a flat/apartment then getting a hotel room. The quality and range in rented accommodation is just getting better and better in Edinburgh. There are now serviced flats and apartments, luxury flats, luxury penthouses etc. Renting a flat/apartment in Edinburgh is cheaper than many hotels and hostels, the bills are predictable and allow you to save.

Renting also provides you flexibility. You can move to other places relatively quickly, be it for a job or education. On the other hand if you own a place, moving out will be a complete hassle as a lot of paperwork will be involved. Moreover maintenance of such a property will be high.

Finding a place to rent in Edinburgh:
Firstly you should be clear about the kind of property you like and the one that suites your lifestyle. For example if you have a car then a parking space is a must or if you are there for a week then short term letting and a small place will be suitable. You should decide if you want a furnished or unfurnished property? Are you prepared to share the property with someone? Whether you need a garden?

Hence you need to answer these questions in order to start finding the perfect accommodation for you.

Where you should look:
Finding a good property to rent can be a difficult job. You can look through the newspapers but it is time consuming and often not much of a help. Sometimes by the time you find a property it has long since been rented out to someone else. If you are prepared to share a property then you might find friends helpful who are looking for a flatmate. Additionally there are letting agents and property websites. These have a wealth of properties listed for you to choose from.