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How Rent Increases Are Calculated in Turkey
Rent hikes for homes and commercial properties must be assessed against both contract terms and the CPI cap.
How is rent increase calculated and what is the CPI cap?
The annual increase in residential rents depends on how the contract rate and the legal ceiling are assessed together.
How is the rent increase calculated when a lease is renewed?
During renewal, the rent increase is calculated not only under the contract but also in line with current regulations and the CPI cap.