GLOPRAGlobal Property Radar

Turkey rent increase cap set at 31.23% for November 2026

Leases renewed in Turkey this month may rise by at most 31.23%, down from 31.49% in October, as the twelve-month average inflation measure eased.

The facts

  • The maximum rent increase for leases renewed in November 2026 is 31.23%, against 31.49% for leases renewed in October.
  • The ceiling is calculated from the change in the consumer price index measured on twelve-month averages, so it becomes computable only once the October index is out.
  • It applies to residential leases and to roofed commercial premises.
  • The ceiling is a maximum rather than an automatic increase, and where the contract provides for a smaller rise the contractual figure applies.
  • The October 2026 consumer price index rose 2.58% over September and 29.77% over October 2025.

What it means for your money

  • A Turkish lease renewed now can be repriced by up to 31.23%. That ceiling sits above the 29.77% annual index.
  • Because the ceiling exceeds the annual index, a renewal above inflation stays inside the law, and where the contract sets a smaller rise the contract wins.
  • Rental income is capped on renewal but not on a new letting, and the gap matters at Glopra's Turkey level of USD 6.05 per square metre a month in asking rent, taxed at a rental rate of 18.39%.
  • The ceiling moves with a twelve-month average, so it lags the monthly index: a landlord renewing today prices off inflation that has already happened.

What to watch

  • The 31.23% figure is neither the monthly nor the annual inflation rate, and the sources state so explicitly.
  • Whether the ceiling keeps drifting down, after 31.49% in October and 31.23% in November.
  • The statistical institute publishes the index, not the ceiling; no primary authority was found publishing the cap itself.

Sources: BirGun https://www.birgun.net/haber/kasim-2026-kira-artis-orani-belli-oldu-kira-zammi-yuzde-kac-744183; Ekonomist https://www.ekonomist.com.tr/emlak/kasim-2026-kira-artis-orani-belli-oldu-kiralara-ne-kadar-zam-yapilacak--80486; Daily Sabah https://www.dailysabah.com/business/economy/annual-inflation-in-turkiye-edges-up-slightly-to-2977-in-october

Market data: Istanbul · Antalya (province) · Turkey · Fethiye