Rent increase cap / July 2016

July 2016 rent increase cap

7.74%

For home and workplace leases renewing in July 2016, the rent can rise by at most 7.74%. This is the June 2016 change in CPI by 12-month averages, published by TÜİK on 4 July 2016.

Awaiting comparison with the TÜİK bulletin

Data month: June 2016 inflation · Source: TÜİK

Calculate your new rent

Current monthly rent

Lease renewal month

Maximum new rent

TRY 21.55

Increase: TRY 1.55 · 7.74%

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

For information only; not legal or financial advice.