Rent increase cap / August 2016

August 2016 rent increase cap

7.91%

For home and workplace leases renewing in August 2016, the rent can rise by at most 7.91%. This is the July 2016 change in CPI by 12-month averages, published by TÜİK on 3 August 2016.

Awaiting comparison with the TÜİK bulletin

Data month: July 2016 inflation · Source: TÜİK

Calculate your new rent

Current monthly rent

Lease renewal month

Maximum new rent

TRY 21.58

Increase: TRY 1.58 · 7.91%

Renewals in August 2016 use the July 2016 12-month average CPI. Source: TÜİK.

For information only; not legal or financial advice.