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Rents on the Rise: New Legislation Allows Turkish Landlords to Hike Prices by Up to 65%

At the beginning of the second half of the year, Turkish property landlords were permitted to increase rents by up to 65%, following the removal of the cap on property rent increases. This legislative change provides landlords with a significant opportunity to increase their income by aligning rent prices closer to the annual inflation index. Regulations and Limits The new legislation imposes a strict...

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