Determination of Rental Price
Rental price determination is the process of determining the price at which an immovable will be rented out.
This determination is based on several factors:
- Market Research: The prices at which similar properties are rented in the area are researched. This is one of the most important factors.
- Condition of the Property: Things like the age of the property, whether it is well-maintained or not, and the need for renovation affect the rental price.
- Location: Factors such as the region where the property is located, transportation facilities, social facilities around it directly affect the rental price.
- Inflation and Economic Situation: The general economic situation and inflation rates are also taken into account in determining the rental price.
