After the 25% increase limit is lifted, the rent increase rate for July will be 65.07%.
With the removal of the 25% cap on rent increases across Turkey, the rent increase rate in July was set at 65.07%. This change is an important milestone for tenants and landlords.
With the impact of economic fluctuations and market conditions, this increase in rent increase rates signals a remarkable change in the housing sector. The implementation of the new rates will create significant financial changes for both tenants and landlords when renewing lease agreements.
At CEESS GLOBAL, we closely monitor such changes in the real estate market and provide our clients with the most up-to-date information. You can contact us to get more information about rent increase rates and to get support in this process.