I wonder also if it could have any effect on real estate prices (eg. stabilisation instead of going down etc.)
If the building is less than 30 years, the rent calculation is based on the acquisition value. In a lot of cases, the rent is overvalued.
The maximum yield allowed is reference interest rate + 2%, so 3.25%
1 Like
How can one find out this value?
1 Like
In Geneva, this number is public.
For another canton, the only way is to claim a rent reduction, then the landlord will be forced to provide all the data.
In fact, 3.25% is only for the funded part (fond propre). If the landlord has a loan, the yield for the loan part needs to be the interest of the loan.
3 Likes
Doesnât this only apply to the initial rent, which youâd have to contest within the first 30 days of the lease? I donât think that you can contest an increase of an existing lease which is due to an increase of the reference rate.
Hi all!
In my case, they did some pipe work in one of our rooms (we used it as office room) for 3.5 months. Itâs true they only worked intermittently, but we could not use during this time.The landlord and the intermediary (not a real state company) told us that we would discuss about how we could compensate this.
So we waited until they were done but we had to contact the intermediary to actually discuss about it. Finally he proposed to reduce the next rent (1 month) with 250chf.
The thing is, we consider this to be a bit âunfairâ but we are not sure if we should try to openly say that we would like to have something which makes more sense.
- Anyone had a similar experience?
- Is it ok to ask for more (we know about some reference table that says around 6% of the rent for a room)?
- Could they kick us out (still in our first year of contract)
I would appreciate any comment from people who may have had a similar situation.
p.s. Maybe a litle bit different scenario, but a bit related. Please let me know if this should go into a different topic.