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Start of 15% annual rent increase
Today, Tuesday, September 1, 2026, the first annual increase of 15% was applied to the rental value of residential units subject to the old rental law, in accordance with Law No. 164 of 2025. The law specifies that the increase is calculated based on the designated rental value after logical classification of each area, where the minimum rent in privileged areas reaches 1,000 pounds, medium areas 400 pounds, and economic areas 250 pounds. With a 15% increase, the rent rises from 250 to 287.50 pounds, from 400 to 460 pounds, and from 1,000 to 1,150 pounds per month. The increase is calculated annually on the new value during the transitional period set by the law.
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