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Rent Pressure Zone Map Ireland

RPZ Rent Increase Formula:

\[ \text{New Rent} = \text{Current Rent} \times (1 + \min(0.02, \text{HICP Rate})) \]

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1. What is Rent Pressure Zone (RPZ)?

Rent Pressure Zones (RPZs) are areas in Ireland where rents are high and rising quickly. In these zones, rent increases are capped at either 2% or the rate of inflation (HICP), whichever is lower, to protect tenants from excessive rent hikes.

2. How Does the Calculator Work?

The calculator uses the RPZ formula:

\[ \text{New Rent} = \text{Current Rent} \times (1 + \min(0.02, \text{HICP Rate})) \]

Where:

Explanation: The calculation ensures the rent increase doesn't exceed either 2% or the HICP rate, whichever is lower.

3. Importance of RPZ Calculation

Details: Accurate RPZ calculations are crucial for landlords and tenants to ensure compliance with Irish rental laws and to prevent illegal rent increases in designated areas.

4. Using the Calculator

Tips: Enter current rent in euros and the HICP rate as a percentage (e.g., 1.5 for 1.5%). Both values must be positive numbers.

5. Frequently Asked Questions (FAQ)

Q1: What areas in Ireland are RPZs?
A: RPZs cover most urban areas including Dublin, Cork, Galway, Limerick, and other areas with high rental demand.

Q2: How often can rent be increased in an RPZ?
A: Rent can only be increased once every 12 months in an RPZ.

Q3: Where can I find the current HICP rate?
A: The HICP rate is published monthly by the Central Statistics Office (CSO) Ireland.

Q4: Are there exceptions to the RPZ rules?
A: Newly rented properties (first tenancy) and substantially refurbished properties may be exempt for a period.

Q5: What if my landlord increases rent above the RPZ limit?
A: Tenants can dispute illegal rent increases with the Residential Tenancies Board (RTB).

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