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When is the ISTAT update applied?
Each year the price of your rent will be updated in line with the inflation rate set by ISTAT (Italian National Institute of Statistics), based on the cost of living. The ISTAT revaluation is applicable to all rental agreements in place for at least one year and will be implemented from the first month following the annual expiry of the rental agreement.
For instance, if your monthly rent is €600, and the ISTAT index for the month in question is 1.2%, then your rent, once updated, will be €607.20.
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